Europe Cold Chain Logistics Market Anticipated to Grow at 14.6% CAGR, Reaching $239.71 billion by 2032
The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations.
Increasing penetration of the e-commerce industry, rising number of refrigerated warehouse, and the growing pharmaceutical sector fuel the Europe cold chain logistics market.”
WILMINGTON, NEW CASTLE, DELAWARE, UNITED STATES, September 3, 2024 /EINPresswire.com/ -- Rise in penetration of the e-commerce industry, increasing number of refrigerated warehouse, and the growing pharmaceutical sector drive the 𝐄𝐮𝐫𝐨𝐩𝐞 𝐂𝐨𝐥𝐝 𝐂𝐡𝐚𝐢𝐧 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭. On the other hand, poor infrastructure & standardization, higher logistics costs, and lack of control of manufacturers and retailers on logistics service restrain the growth to some extent. Nevertheless, surge in use of IT solutions & automated software for cold chain logistics, cost cutting and lead time reduction due to adoption of multi-modal system, and RFID technologies for cold chain applications are expected to create lucrative opportunities in the industry.— Allied Market Research
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/A11032
The Europe seed and flower cold chain logistic market has witnessed significant growth due to the increase in demand for fresh and high-quality flowers and plants. In addition, 25% of the flowers sold in the EU are imported from outside of the region, mainly from Kenya, Ecuador, and Ethiopia. Throughout this journey, flowers are maintained under stable conditions at the right temperature (2-4 degree Celsius) to keep their fragrance intact and fresh for up to 3 weeks. The rise in demand for customized gifts and farming products boost the demand for the cold chain logistics market.
𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞
.𝐍𝐎𝐀𝐓𝐔𝐌 𝐋𝐎𝐆𝐈𝐒𝐓𝐈𝐂𝐒, 𝐊𝐋𝐎𝐎𝐒𝐓𝐄𝐑𝐁𝐎𝐄𝐑, 𝐊𝐔𝐄𝐇𝐍𝐄 + 𝐍𝐀𝐆𝐄𝐋 𝐈𝐍𝐓𝐄𝐑𝐍𝐀𝐓𝐈𝐎𝐍𝐀𝐋 𝐀𝐆, 𝐃𝐄𝐔𝐓𝐒𝐂𝐇𝐄 𝐏𝐎𝐒𝐓 𝐀𝐆 (𝐃𝐇𝐋 𝐆𝐑𝐎𝐔𝐏), 𝐌𝐒𝐂 𝐌𝐄𝐃𝐈𝐓𝐄𝐑𝐑𝐀𝐍𝐄𝐀𝐍 𝐒𝐇𝐈𝐏𝐏𝐈𝐍𝐆 𝐂𝐎𝐌𝐏𝐀𝐍𝐘, 𝐀𝐆𝐑𝐎 𝐌𝐄𝐑𝐂𝐇𝐀𝐍𝐓𝐒 𝐆𝐑𝐎𝐔𝐏, 𝐋𝐋𝐂, 𝐁𝐋𝐔𝐄 𝐖𝐀𝐓𝐄𝐑 𝐒𝐇𝐈𝐏𝐏𝐈𝐍𝐆, 𝐋𝐈𝐍𝐄𝐀𝐆𝐄 𝐋𝐎𝐆𝐈𝐒𝐓𝐈𝐂𝐒 𝐇𝐎𝐋𝐃𝐈𝐍𝐆𝐒, 𝐋𝐋𝐂, 𝐃𝐒𝐕 (𝐃𝐒𝐕 𝐏𝐀𝐍𝐀𝐋𝐏𝐈𝐍𝐀), .𝐆𝐄𝐎𝐃𝐈𝐒
The European chilled cold chain logistics industry has seen several developments in recent years, including the adoption of innovative technologies to improve supply chain visibility and efficiency. In addition, there has been a shift toward more sustainable and environmentally friendly cold chain practices, such as the use of alternative fuels and the reduction of food waste. Moreover, there is surge in demand for end-to-end cold chain solutions, including last-mile delivery services, which creates opportunities for companies that can provide comprehensive services. Rise in demand for fruits & vegetables, bakery products, and other segments have boosted the demand for chilled temperature type transportation in the cold chain logistics market.
𝐁𝐮𝐲 𝐍𝐨𝐰 𝐭𝐡𝐞 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/fc36097a2ee91f02eb3b027661da4c54
The integration of AI and blockchain technology is expected to revolutionize the cold chain logistics industry, making it more efficient and secure. The use of advanced monitoring and passive device use, such as data loggers and real-time monitoring solutions, in the industry not only improves business practices, however, also provides complete cold chain visibility and control. Furthermore, the latest IoT technologies, such as wireless sensors and low-power wide-area networks (LoRaWAN), can be used to monitor changes in temperature, moisture, or other factors in real time. These robust technologies outperform alternative technologies in challenging cold chain environments.
Based on end use industry, the meat and sea food segment contributed to around one-third of the total market revenue in 2015, and is expected to lead the trail by 2025. Simultaneously, the dairy and frozen desserts segment would exhibit the fastest CAGR of 21.8% from 2020 to 2025.
Based on region, Germany held the major share in 2015, holding more than one-fifths of the total market. At the same time, the market across France would showcase the fastest CAGR of 20.3% by 2025. The other regions studied in the report include UK, Spain, Italy, and rest of Europe.
𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/A11032
Furthermore, according to Zero Waste Europe Report 2020, an estimated 88 million tons of food is wasted each year in the EU, which is about 20% of the total food produced in the EU. A simple way to reduce food waste and carbon emissions is through the development of cold chain technologies. Furthermore, the health of humans is impacted by the lack of reliable food cold chains that maintain the value of nutrients, safety, and quality of food products. To keep fresh food, reduce food waste, or to keep temperature-sensitive products at their ideal temperature and environment from source to destination, a food cold chain system is used, which is an integrated temperature-controlled food transportation and distribution system. Aggregators, farmers, processors, distributors, manufacturers, and consumers, all need to be held accountable for the complex system's various moving and static components.
𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A11032
The Europe cold chain logistics market size is analyzed across mode of transportation, end use industry, temperature type, and region. Based on mode of transportation, the roadways segment accounted for around two-fifths of the total market share in 2015, and is expected to rule the roost by 2025. The waterways segment, on the other hand, would cite the fastest CAGR of 20.7% throughout the forecast period.
𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
Cold Chain Logistics Market - https://www.prnewswire.com/news-releases/cold-chain-logistics-market-to-hit-782-27-billion-globally-by-2031-at-14-6-cagr-allied-market-research-301501909.html
Courier, Express, and Parcel (CEP) Market - https://www.globenewswire.com/en/news-release/2022/12/05/2567058/0/en/Courier-Express-and-Parcel-CEP-Market-to-Reach-749-Billion-by-2031-Allied-Market-Research.html
UK Cold Chain Logistics Market - https://www.alliedmarketresearch.com/uk-cold-chain-logistics-market
U.S. Third-Party Logistics Market - https://www.alliedmarketresearch.com/u-s-third-party-logistics-3pl-market-A105892
David Correa
Allied Market Research
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