India Cold Chain Storage And Logistics MarketPosted by Sophia Jones on January 16th, 2021
India Cold Chain Storage And Logistics Market was valued USD 4701 Million in 2019 and is anticipated to register growth of 17.04% during 2020 – 2025, owing to growing processed food and healthcare industry. Cold chain storage and logistics is a process which includes temperature-controlled storage and transportation of temperature-sensitive goods like food, pharmaceuticals, etc., in a supply chain. Increasing cross-border trade and growing organized retail industry is driving the Indian cold chain storage and logistics market. Though the cold chain storage and logistics market in India is witnessing healthy growth, high operative cost and lack of standardization in the industry are likely to hinder the market growth during the forecast period. In terms of type, India cold chain storage and logistics market has been categorized into temperature-controlled storage and temperature-controlled transportation. Of these categories, temperature-controlled storage segment is accounted for the majority market share, backed by growing government support for cold storage infrastructure and increasing demand for processed food. Cold chain storage and logistics market in India is highly unorganized as around 70%-80% market is characterized by unorganized players. However, it is slowly moving towards organized business structure due to growing health awareness and technological advancements. Some of the leading players operating in India cold chain storage and logistics market include Snowman Logistics Ltd., Container Corporation of India Ltd. (CONCOR), Coldex Logistics Pvt. Ltd., Gati Kausar Ltd., DHL International GmbH, ColdStar Logistics Pvt. Ltd., M. J. Logistics Services Ltd., Gubba Cold Storage Ltd., Kelvin Cold Chain Logistics Pvt. Ltd. and RK Foodland Pvt.Ltd.. Years considered for this report: Objective of the Study: • To forecast India cold chain storage and logistics market based on type, product type, sector and regional distribution. • To identify drivers and challenges for India cold chain storage and logistics market. • To examine competitive developments such as expansions, technology integration, new service launches, mergers & acquisitions, etc., in India cold chain storage and logistics market. • To conduct the pricing analysis for India cold chain storage and logistics market. • To identify and analyze the profile of leading players operating in India cold chain storage and logistics market. Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of cold chain storage and logistics players operating across the country. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the service providers which could not be identified due to the limitations of secondary research. Our Research analyzed the product offerings, distribution channels and presence of all major manufacturers across the nation. Our Research calculated India cold chain storage and logistics market size using a top down approach, where data for various applications across various end-user segments was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research. Key Target Audience: The study is useful in providing answers to several critical questions that are important for industry stakeholders. The study would also help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market. Report Scope: • Market, by Type • Market, by Product Type • Market, by Sector • Market, by Region Competitive Landscape Browse our full report with Table of Content : About Market Reports on India: Contact us at: Like it? Share it!More by this author |