India Cold Chain Logistics Market Size, Trends, Industry Share, Revenue, Growth Drivers, Challenges, Key Players, CAGR Status and Business Opportunities Till 2033: SPER Market Research
Market Overview and Market Insights: Cold chain logistics is the process of handling and shipping temperature-sensitive products in a controlled environment in order to maintain quality and assure safe delivery to the end user. It entails the use of specialized equipment such as refrigerated trucks, warehouses, and containers, as well as temperature monitoring systems and stringent regulatory compliance. The primary goal of cold chain logistics is to maintain the necessary temperature conditions to prevent perishable commodities from spoiling, degrading, or being contaminated.
According to SPER Market Research, ‘India Cold Chain Logistics Market Size- By Technology, By Temperature Technology, By Solution, By Industry – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the India Cold Chain Logistics Market is estimated to reach USD 26.6 billion by 2033 with a CAGR of 9.97%.
Drivers: The India Cold Chain Logistics Market is quickly developing due to increased demand for perishables, pharmaceuticals, and alternative proteins. Market segmentation demonstrates the many services provided by cold storage enterprises, such as refrigerated warehousing and shipping. This sector uses current technologies, such as dry ice, gel packs, eutectic plates, and liquid nitrogen, to meet both frozen and chilled storage needs, exhibiting its sophistication. The growth of organized retail and e-commerce increases consumer access to temperature-sensitive commodities, necessitating appropriate cold-chain logistics solutions. The healthcare industry, in particular, relies on these logistical networks to ensure the safe passage of biopharmaceuticals and vaccines, emphasizing the sector’s critical relevance.
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Restraints: The Indian cold chain storage and logistics market has significant infrastructure and financial challenges. Despite the increased need for cold chain solutions caused by pharmaceuticals and perishable commodities, the country’s cold chain infrastructure remains underdeveloped and fragmented. One of the most significant challenges is a lack of modern cold storage facilities and refrigerated transportation networks, particularly in rural and semi-urban areas. This infrastructural gap, which limits storage capacity and access to cold chain services, has an influence on the efficiency and dependability of perishable item delivery along the supply chain.
COVID-19 Impact: The cold chain logistics market in India has been greatly impacted by the COVID-19 outbreak. The importance of cold chain logistics in preserving food security and guaranteeing the availability of necessary medical supplies has been brought to light by the disruption of supply networks, shifting consumer trends, and rising demand for necessities. By putting strict safety procedures in place, embracing contactless delivery methods, and improving their capacity to handle pharmaceuticals and vaccines, cold chain logistics companies have responded to the difficulties.
The Northern Region dominates India’s Cold Chain Logistics Market due to its agricultural abundance, high demand from metropolitan areas such as Delhi-NCR, export-oriented infrastructure, and a strong presence of food processing and pharmaceutical companies that drive cold storage demand. Major players in the market are A.P. Møller – Mærsk, CEVA Logistics, Cold Care Group B.V, Coldman Logistics Pvt. Ltd, Coldrush Logistics Pvt. Ltd, and others.
India Cold Chain Logistics Market Segmentation:
By Technology: Based on the Technology, India Cold Chain Logistics Market is segmented as; Vapor Compression, Blast Freezing, Evaporative Cooling, Programmable Logic Controller, Cryogenic Systems, Other Technologies.
By Temperature Technology: Based on the Temperature Technology, India Cold Chain Logistics Market is segmented as; Chilled, Frozen.
By Solution: Based on the Solution, India Cold Chain Logistics Market is segmented as; Cold Chain Warehouse/storage, Cold Chain Transport, Automated Temperature Type Handling.
By Industry: Based on the Industry, India Cold Chain Logistics Market is segmented as; Food and Beverages, Chemical, Pharmaceuticals, Medical, Others.
By Region: This research also includes data for Eastern Region, Western Region, Southern Region and Northern Region.
For More Information in India Cold Chain Logistics Market, refer to below link –
India Cold Chain Logistics Market Share
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