In terms of revenue, the cold chain market was valued at US$ 207,510.8 million in 2019 and is projected to reach US$ 398,723.4 million by 2027 and is expected to grow at a CAGR of 10.8% during the forecast period.
The rising trade of perishable products and favorable government support for the development of cold chain infrastructure are the key factors expected to propel the growth of the cold chain market. The cold chain service players are also adopting pioneering technologies to accommodate the increasing demand for food safety, particularly for processed foods. It is projected to offer abundant opportunities, thus propelling the proliferation of several multinational vendors into the market, intending to offer efficient cold chain solutions.
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Key players in this market include :
- Cold chain Technologies, Inc.
- CSafe Global
- DoKaSch TEMPERATURE SOLUTIONS GmbH
- Envirotainer AB
- Pelican BioThermal LLC
- SKYCELL AG
- Softbox Systems Ltd.
- Sonoco ThermoSafe
- va-Q-tec AG
- World Courier
The latest research report on the “Cold Chain Market– Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2027” provides a comprehensive assessment of Cold Chain Market for the forecast period from 2019 to 2027, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in Cold Chain Market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on Cold Chain Market in order to help decision makers with various strategic insights and future outlook. Cold Chain Market is expected to witness continued growth during the forecast period from 2019 to 2027.
This is a professional and in-depth study on the current state of Cold Chain Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Cold Chain Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.
The report focuses on global major leading Cold Chain Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
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Highlights key business priorities to assist companies realign their business strategies.
- Features key findings and crucial progressive industry trends in the global Cold Chain Market, thereby allowing players to develop effective long-term strategies.
- Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
- Scrutinizes in-depth market trends as well as key market drivers and restraints.
- Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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