NEW YORK, Sept. 10, 2021 /PRNewswire/ –As per Technavio’s Research Analysis, the cold chain market is likely to register a CAGR of 16.92% with an incremental growth of USD 256.58 billion during 2021-2025.
Understand the driving forces behind Cold Chain Market and target Potential Customers Here.
The pandemic-focused report highlights the impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior during 2020. Technavio analysts have curated the reports extensively through both qualitative and quantitative research methodologies to derive the most industry-relevant and business-relevant outcomes.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Recognizing the existing business model
- Identifying potential disruptions
- Assessing Impact on Critical IT infrastructure and Software System
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Reports that might interest you:
Key Market Participants Analysis
Americold Realty Trust
The company offers cold chain through cubic foot cold storage facility. The company operates in key business segments including Warehouse, Third-Party Managed, and Transportation.
Burris Logistics focuses on custom dedicated distribution, freight management, logistic technology, warehouse management, and many more. The company offers cold storage solutions such as temperature-controlled warehousing.
Congebec Logistics Inc.
The company focuses on multi-temperature storage, value added and distribution services supporting the food, retail and CPG industry. The company offers cold storage named as multi-temperature storage.
Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown:
Cold Chain Market 2021-2025: Segmentation
Cold chain market is segmented as below:
- Refrigerated Warehouse
- Refrigerated Transportation
- Dairy And Frozen Desserts
- Bakery And Confectionery
- North America
- South America
The cold chain market is driven by the rising use of RFID in cold chain logistics, the increasing number of trade corridors, and the growing need to comply with regulations. In addition, other factors such as the growing number of M and A activities, use of IoT with cold chain, and use of automated storage and retrieval system (AS/RS) are expected to trigger the cold chain market toward witnessing a CAGR of 16.92% during the forecast period.
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- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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