The deep frozen packaging logistics market size has grown strongly in recent years. It will grow from $20.82 billion in 2023 to $22.64 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to several factors, including growth in the pharmaceutical industry, increased international trade of perishable goods, the rise of online grocery shopping and home delivery services, stricter food safety and quality regulations, increased investment in cold chain infrastructure, a growing number of clinical trials, and an increase in agricultural exports requiring deep frozen conditions.
The deep frozen packaging logistics market size is expected to see strong growth in the next few years. It will grow to $31.76 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to several factors, including growth in the pharmaceutical industry, increased demand for eco-friendly and sustainable packaging solutions, investment in research and development, developments in the retail sector, rising healthcare expenditures, and a growing awareness of food safety and pharmaceutical efficacy. Major trends in the forecast period include the advancement of insulation technology, the implementation of IoT devices for real-time monitoring, the enhanced use of AI for predictive analytics and optimization, geographical expansion, increased utilization of big data analytics, the expansion of cold storage facilities, advanced risk management practices to mitigate disruptions, the development of novel packaging materials, and the integration of various transportation modes.
The growth of online grocery shopping is expected to drive the expansion of the deep-frozen packaging logistics market. Online grocery shopping entails purchasing groceries through websites and apps, and its popularity is increasing due to its convenience, time-saving nature, wide product selection, busy lifestyles, technological advancements, competitive pricing, and improved delivery services. Deep-frozen packaging logistics play a crucial role in maintaining low temperatures during transit to ensure the quality and freshness of frozen foods such as vegetables, meats, and ready-to-eat meals. This prevents spoilage, preserves nutritional value, and ensures optimal delivery to customers. For example, in June 2022, the Institute of Grocery Distribution (IGD) estimated the value of the UK retail grocery market at $282 billion (£217 billion) and projected a growth to $313 billion (£241 billion) by 2027, reflecting an increase in online grocery shopping and its impact on the market for deep-frozen packaging logistics.
Leading companies in the deep-frozen packaging logistics market are innovating by developing ultra-low temperature-controlled logistics services to meet the stringent requirements of transporting and storing deep-frozen products. These services maintain the integrity and safety of deep-frozen items by ensuring they are kept at ultra-low temperatures, typically below -60°C, throughout transportation and storage. For instance, in June 2022, Nippon Express introduced an ultra-low temperature-controlled logistics service for the pharmaceutical industry, capable of handling goods requiring temperatures between -20°C and -85°C. This service prioritizes the pharmaceutical sector and implements quality control systems and infrastructure enhancements globally to comply with Good Distribution Practices (GDP) standards.
In August 2021, Wavepoint 3PL, a US-based logistics firm, acquired Alcor Cold Storage to strengthen its position in the cold storage market and offer comprehensive single-source supply chain solutions. This acquisition integrates Alcor's refrigerated warehousing network and services into Wavepoint 3PL's offerings. Alcor Cold Storage specializes in temperature-controlled storage for perishable goods, providing advanced refrigeration, warehousing, and logistics solutions.
Major companies operating in the deep frozen packaging logistics market are Cardinal Health Inc., DHL, United Parcel Service of America Inc., FedEx Corporation, Kuehne + Nagel International AG, Sonoco ThermoSafe, Catalent Inc., Marken, Glatt group, Cryoport Systems LLC, BioLife Solutions Inc., Biocair, CEVA Logistics, va-Q-tec, Envirotainer, Csafe, Peli BioThermal Limited, SkyCell AG, Cryopak, World Courier, Yourway, Intelsius, B.P.L. GmbH, WuliuAir, Chill-Pak.com.
Europe was the largest region in the deep frozen packaging logistics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the deep frozen packaging logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the deep frozen packaging logistics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Deep frozen packaging logistics refer to the comprehensive process of packaging, storing, and transporting products that require ultra-low temperatures to maintain their integrity and quality. This process involves the use of specialized packaging materials and technologies to ensure thermal insulation, advanced cold chain monitoring systems for real-time temperature tracking, and adherence to stringent regulatory standards to guarantee safety and compliance.
The main types of deep frozen packaging logistics include air transport, land transport, and maritime transport. Air transport involves using airplanes to move goods quickly over long distances. This method is used for transporting various materials such as clinical trials, cell and gene therapies, reagents, and cell culture media for the food industry, medical industry, and other sectors.
The deep frozen packaging logistics market research report is one of a series of new reports that provides deep frozen packaging logistics market statistics, including the deep frozen packaging logistics industry global market size, regional shares, competitors with deep frozen packaging logistics market share, detailed deep frozen packaging logistics market segments, market trends, and opportunities, and any further data you may need to thrive in the deep frozen packaging logistics industry. These deep frozen packaging logistics market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The deep-frozen packaging logistics market includes revenues earned by entities by providing services such as controlled transport, specialized packaging, cold storage, real-time monitoring, and logistics management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The deep frozen packaging logistics market size is expected to see strong growth in the next few years. It will grow to $31.76 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to several factors, including growth in the pharmaceutical industry, increased demand for eco-friendly and sustainable packaging solutions, investment in research and development, developments in the retail sector, rising healthcare expenditures, and a growing awareness of food safety and pharmaceutical efficacy. Major trends in the forecast period include the advancement of insulation technology, the implementation of IoT devices for real-time monitoring, the enhanced use of AI for predictive analytics and optimization, geographical expansion, increased utilization of big data analytics, the expansion of cold storage facilities, advanced risk management practices to mitigate disruptions, the development of novel packaging materials, and the integration of various transportation modes.
The growth of online grocery shopping is expected to drive the expansion of the deep-frozen packaging logistics market. Online grocery shopping entails purchasing groceries through websites and apps, and its popularity is increasing due to its convenience, time-saving nature, wide product selection, busy lifestyles, technological advancements, competitive pricing, and improved delivery services. Deep-frozen packaging logistics play a crucial role in maintaining low temperatures during transit to ensure the quality and freshness of frozen foods such as vegetables, meats, and ready-to-eat meals. This prevents spoilage, preserves nutritional value, and ensures optimal delivery to customers. For example, in June 2022, the Institute of Grocery Distribution (IGD) estimated the value of the UK retail grocery market at $282 billion (£217 billion) and projected a growth to $313 billion (£241 billion) by 2027, reflecting an increase in online grocery shopping and its impact on the market for deep-frozen packaging logistics.
Leading companies in the deep-frozen packaging logistics market are innovating by developing ultra-low temperature-controlled logistics services to meet the stringent requirements of transporting and storing deep-frozen products. These services maintain the integrity and safety of deep-frozen items by ensuring they are kept at ultra-low temperatures, typically below -60°C, throughout transportation and storage. For instance, in June 2022, Nippon Express introduced an ultra-low temperature-controlled logistics service for the pharmaceutical industry, capable of handling goods requiring temperatures between -20°C and -85°C. This service prioritizes the pharmaceutical sector and implements quality control systems and infrastructure enhancements globally to comply with Good Distribution Practices (GDP) standards.
In August 2021, Wavepoint 3PL, a US-based logistics firm, acquired Alcor Cold Storage to strengthen its position in the cold storage market and offer comprehensive single-source supply chain solutions. This acquisition integrates Alcor's refrigerated warehousing network and services into Wavepoint 3PL's offerings. Alcor Cold Storage specializes in temperature-controlled storage for perishable goods, providing advanced refrigeration, warehousing, and logistics solutions.
Major companies operating in the deep frozen packaging logistics market are Cardinal Health Inc., DHL, United Parcel Service of America Inc., FedEx Corporation, Kuehne + Nagel International AG, Sonoco ThermoSafe, Catalent Inc., Marken, Glatt group, Cryoport Systems LLC, BioLife Solutions Inc., Biocair, CEVA Logistics, va-Q-tec, Envirotainer, Csafe, Peli BioThermal Limited, SkyCell AG, Cryopak, World Courier, Yourway, Intelsius, B.P.L. GmbH, WuliuAir, Chill-Pak.com.
Europe was the largest region in the deep frozen packaging logistics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the deep frozen packaging logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the deep frozen packaging logistics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Deep frozen packaging logistics refer to the comprehensive process of packaging, storing, and transporting products that require ultra-low temperatures to maintain their integrity and quality. This process involves the use of specialized packaging materials and technologies to ensure thermal insulation, advanced cold chain monitoring systems for real-time temperature tracking, and adherence to stringent regulatory standards to guarantee safety and compliance.
The main types of deep frozen packaging logistics include air transport, land transport, and maritime transport. Air transport involves using airplanes to move goods quickly over long distances. This method is used for transporting various materials such as clinical trials, cell and gene therapies, reagents, and cell culture media for the food industry, medical industry, and other sectors.
The deep frozen packaging logistics market research report is one of a series of new reports that provides deep frozen packaging logistics market statistics, including the deep frozen packaging logistics industry global market size, regional shares, competitors with deep frozen packaging logistics market share, detailed deep frozen packaging logistics market segments, market trends, and opportunities, and any further data you may need to thrive in the deep frozen packaging logistics industry. These deep frozen packaging logistics market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The deep-frozen packaging logistics market includes revenues earned by entities by providing services such as controlled transport, specialized packaging, cold storage, real-time monitoring, and logistics management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Deep Frozen Packaging Logistics Market Characteristics3. Deep Frozen Packaging Logistics Market Trends and Strategies32. Global Deep Frozen Packaging Logistics Market Competitive Benchmarking33. Global Deep Frozen Packaging Logistics Market Competitive Dashboard34. Key Mergers and Acquisitions in the Deep Frozen Packaging Logistics Market
4. Deep Frozen Packaging Logistics Market - Macro Economic Scenario
5. Global Deep Frozen Packaging Logistics Market Size and Growth
6. Deep Frozen Packaging Logistics Market Segmentation
7. Deep Frozen Packaging Logistics Market Regional and Country Analysis
8. Asia-Pacific Deep Frozen Packaging Logistics Market
9. China Deep Frozen Packaging Logistics Market
10. India Deep Frozen Packaging Logistics Market
11. Japan Deep Frozen Packaging Logistics Market
12. Australia Deep Frozen Packaging Logistics Market
13. Indonesia Deep Frozen Packaging Logistics Market
14. South Korea Deep Frozen Packaging Logistics Market
15. Western Europe Deep Frozen Packaging Logistics Market
16. UK Deep Frozen Packaging Logistics Market
17. Germany Deep Frozen Packaging Logistics Market
18. France Deep Frozen Packaging Logistics Market
19. Italy Deep Frozen Packaging Logistics Market
20. Spain Deep Frozen Packaging Logistics Market
21. Eastern Europe Deep Frozen Packaging Logistics Market
22. Russia Deep Frozen Packaging Logistics Market
23. North America Deep Frozen Packaging Logistics Market
24. USA Deep Frozen Packaging Logistics Market
25. Canada Deep Frozen Packaging Logistics Market
26. South America Deep Frozen Packaging Logistics Market
27. Brazil Deep Frozen Packaging Logistics Market
28. Middle East Deep Frozen Packaging Logistics Market
29. Africa Deep Frozen Packaging Logistics Market
30. Deep Frozen Packaging Logistics Market Competitive Landscape and Company Profiles
31. Deep Frozen Packaging Logistics Market Other Major and Innovative Companies
35. Deep Frozen Packaging Logistics Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Deep Frozen Packaging Logistics Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on deep frozen packaging logistics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for deep frozen packaging logistics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The deep frozen packaging logistics market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Air Transport; Land Transport; Maritime Transport2) By Materials: Clinical Trials; Cell And Gene Therapies; Reagents; Cell Culture Media
3) By Application: Food Industry; Medical Industry; Other Applications
Key Companies Mentioned: Cardinal Health Inc.; DHL; United Parcel Service of America Inc.; FedEx Corporation; Kuehne + Nagel International AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Cardinal Health Inc.
- DHL
- United Parcel Service of America Inc.
- FedEx Corporation
- Kuehne + Nagel International AG
- Sonoco ThermoSafe
- Catalent Inc.
- Marken
- Glatt group
- Cryoport Systems LLC
- BioLife Solutions Inc.
- Biocair
- CEVA Logistics
- va-Q-tec
- Envirotainer
- Csafe
- Peli BioThermal Limited
- SkyCell AG
- Cryopak
- World Courier
- Yourway
- Intelsius
- B.P.L. GmbH
- WuliuAir
- Chill-Pak.com
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 22.64 Billion |
Forecasted Market Value ( USD | $ 31.76 Billion |
Compound Annual Growth Rate | 8.8% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |