Cold Chain Management Market: E-commerce, Sustainability, and Automation Driving Change
The cold chain management market is integral to ensuring the safe storage and transportation of temperature-sensitive goods, such as perishable foods, pharmaceuticals, chemicals, and vaccines. The market is expanding rapidly, driven by technological innovations, regulatory demands, and evolving consumer expectations.
Key Drivers of Growth
Increase in Perishable Goods Trade:
The global demand...
Attractive Opportunities in the Cold Chain Market
The cold chain market is estimated to account for a value of USD 203 billion in 2018 and is projected to grow at a CAGR of 7.6% from 2018, to reach a value of USD 293 billion by 2023. The rise in consumer demand for perishable food items, growth of international trade due to trade liberalization, and expansion of the organized food retail industry are some of the factors driving the growth of the...