UAE Cold Chain Market Outlook to 2027

the Cold Chain Market in UAE is Thriving With the Advent of Government'S Economic Diversification Plans Coupled With UAE's Increasing Adoption of Technology and Automation

Market Overview:

A highly fragmented market with immense growth potential UAE’s Cold Chain market is being driven bychange in major players such as GSL and Mohebi compete on total pallets, average price per pallet and client base. Rise of the Hospitality Industry in UAE is believed to cause a boom in demand for cold storage and cold transport? services.

The total addressable market in for cold chain in UAE market has been expanding. Regarding logistics infrastructure, UAE has made a lot of breakthrough progress, especially in the investment and development of seaports. There has been increase in the demand of cold transport in UAE owning to rising consumption of perishable products which need to be kept at a stable temperature.

UAE Cold Chain Market Analysis

The Cold chain market is highly fragmented in UAE with more than 90 cold storage & transportation players enabling the market to transform over the years.

Increase in the demand of cold transport in UAE owning to rising consumption of perishable products which need to be kept at a stable temperature.

The UAE Cold Chain market is currently in the growing phase owing to rising collaboration with logistics providers and geographic advantage.

Rise of the Hospitality Industry in UAE is believed to cause a boom in demand for cold storage and cold transport?

Key Trends by Market Segment:

By Type: The UAE Cold Chain market is segmented by type into cold storage & cold transport market. The Cold storage segment registered a robust growth rate when compared to the cold transport segment owing to increase rising consumption of meat and seafood and government and foreign investments.

By Temperature Range: The UAE Cold Chain Market is segmented by temperature range into chilled, ambient, frozen. The chilled food registered the highest market share when compared to the other segmented owing rise in demand for sea food.

Competitive Landscape:

The key players of the cold chain market are opting for automated system because it increases accuracy and productivity.

UAE Cold Chain market is a highly fragmented with Mohebi Logistics, FI are dominating the market.

Seafood, meat, fruits, and dairy are the among the most prominent industries catered by the key players of the cold chain market.

GSL, Mohebi and INL are capitalizing the market in the opportunity area and are competing on occupancy rates and pallet size.

Recent Developments:

April 2022: At the 16th annual Logistics Middle East Awards hosted at the Grosvenor House in Dubai, United Arab Emirates, GAC Dubai was recognized as the FMCG Supply Chain of the Year winner for its outstanding service to the region's dynamic Fast Moving Consumer Goods (FMCG) industry.

March 2022: The first Integrated Logistics Center of Maersk, a business that specializes in integrated container logistics, was established in Dubai, United Arab Emirates. Fast-moving consumer goods (FMCG), technology, cars, retail and leisure, petrochemicals, and other industries will all be represented in the facility's vast range of products. The location of the building is ideal, providing easy access to the Al Maktoum International Airport and seaport operations. This will make it possible for the facility to serve both customers who need air cross-docking and those who are shipping LCL cargo.

Future Outlook:

UAE Cold Chain Market is expected to grow at the rate of 4.6% in the forecast period 2022-2027
UAE Cold Chain Market Revenues are expected to be dominated by Cold Storage with over 50% share in 2027
Revenue in UAE Cold Chain Market is expected to grow with a CAGR of 4.8% till 2027 due to rising grocery spending and demand for small and medium storages.

 

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