Cold Chain Logistics Market in North America to record USD 64.79 Bn incremental growth -- Driven by increased adoption of sustainable initiatives

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Cold Chain Logistics Market in North America to record USD 64.79 Bn incremental growth -- Driven by increased adoption of sustainable initiatives

PR Newswire

NEW YORK, Sept. 23, 2022 /PRNewswire/ -- The "Cold Chain Logistics Market in North America by Type and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. According to the report, the market will observe an incremental growth of USD 64.79 billion, accelerating at a CAGR of 11.98% during the forecast period. The report considers various factors including the revenue generated by the vendors, customer base, fuel price fluctuations, GDP growth, urbanization, and other factors to estimate the size of the market. Download PDF Report Sample to understand the scope of our full report on the cold chain logistics market in North America.

The cold chain logistics market in North America is highly fragmented due to the presence of numerous international and regional vendors. The increasing demand for cold storage services in North America has attracted many new players into the market. Thus, to gain a market share, vendors operating in the market need to effectively manage the available resources. Besides, the increase in demand for packaged perishable food and dairy products in North America is fostering the growth of international players in the cold chain logistics market in North America.

The increased adoption of sustainable initiatives has been instrumental in driving the growth of the market. However, operational barriers in cold chain logistics increase costs might hamper the market growth. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market.

Technavio identifies AGRO Merchants Group, Americold Realty Operating Partnership LP, ArcBest Corp., Burris Logistics, C.H. Robinson Worldwide Inc., COVENANT LOGISTICS GROUP INC., DB Schenker, Deutsche Post DHL Group, Expeditors International of Washington Inc., FedEx Corp., J.B. Hunt Transport Services Inc., KLLM Transportation Services, Knight Swift Transportation Holdings Inc., Lineage Logistics Holdings LLC, MARTEN TRANSPORT LTD., Prime Inc., Tippmann Group, Total Quality Logistics LLC, VersaCold Logistics Services, and XPO Logistics Inc. as some of the dominant players. Request Sample Report Here

The cold chain logistics market in North America is segmented as below:
  • Type 
    • Refrigerated Warehouse
    • Refrigerated Transportation

The market growth in the refrigerated warehouse segment will be significant during the forecast period. The increase in the import and export of temperature-sensitive products and the growing demand for refrigerated warehouses and transportation facilities are driving the growth of the segment.

  • Geography 
    • US
    • Canada
    • Mexico

The market will observe considerable growth in the US owing to a rise in the import and export of perishable products and an increase in online grocery sales. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The cold chain logistics market in North America report covers the following areas:

Cold Chain Logistics Market in North America 2022-2026: Key Highlights
  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist cold chain logistics market growth in North America during the next five years
  • Estimation of the cold chain logistics market size in North America and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the cold chain logistics market in North America
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cold chain logistics market vendors in North America
Related Reports

Cold Chain Logistics Market in North America Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 11.98%

Market growth 2022-2026

USD 64.79 billion

Market structure

Fragmented

YoY growth (%)

11.5

Regional analysis

US, Canada, and Mexico

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AGRO Merchants Group, Americold Realty Operating Partnership LP, ArcBest Corp., Burris Logistics, C.H. Robinson Worldwide Inc., COVENANT LOGISTICS GROUP INC., DB Schenker, Deutsche Post DHL Group, Expeditors International of Washington Inc., FedEx Corp., J.B. Hunt Transport Services Inc., KLLM Transportation Services, Knight Swift Transportation Holdings Inc., Lineage Logistics Holdings LLC, MARTEN TRANSPORT LTD., Prime Inc., Tippmann Group, Total Quality Logistics LLC, VersaCold Logistics Services, and XPO Logistics Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Regional - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on North America: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Regional - Market size and forecast 2021-2026 ($ million)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Refrigerated warehouse - Market size and forecast 2021-2026 
    • Exhibit 28: Chart on Refrigerated warehouse - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Refrigerated warehouse - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Refrigerated warehouse - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Refrigerated warehouse - Year-over-year growth 2021-2026 (%)
  • 5.4 Refrigerated transportation - Market size and forecast 2021-2026 
    • Exhibit 32: Chart on Refrigerated transportation - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Refrigerated transportation - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Refrigerated transportation - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Refrigerated transportation - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Type 
    • Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 38: Chart on Market share by geography - 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography - 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 US - Market size and forecast 2021-2026 
    • Exhibit 42: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.4 Canada - Market size and forecast 2021-2026 
    • Exhibit 46: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.5 Mexico - Market size and forecast 2021-2026 
    • Exhibit 50: Chart on Mexico - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Mexico - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Mexico - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Mexico - Year-over-year growth 2021-2026 (%)
  • 7.6 Market opportunity by geography 
    • Exhibit 54: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 55: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 56: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 57: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 58: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 59: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 60: Matrix on vendor position and classification
  • 10.3 AGRO Merchants Group
    • Exhibit 61: AGRO Merchants Group - Overview
    • Exhibit 62: AGRO Merchants Group - Product / Service
    • Exhibit 63: AGRO Merchants Group - Key offerings
  • 10.4 Americold Realty Operating Partnership LP 
    • Exhibit 64: Americold Realty Operating Partnership LP - Overview
    • Exhibit 65: Americold Realty Operating Partnership LP - Business segments
    • Exhibit 66: Americold Realty Operating Partnership LP - Key offerings
    • Exhibit 67: Americold Realty Operating Partnership LP - Segment focus
  • 10.5 Burris Logistics
    • Exhibit 68: Burris Logistics - Overview
    • Exhibit 69: Burris Logistics - Product / Service
    • Exhibit 70: Burris Logistics - Key offerings
  • 10.6 C.H. Robinson Worldwide Inc. 
    • Exhibit 71: C.H. Robinson Worldwide Inc. - Overview
    • Exhibit 72: C.H. Robinson Worldwide Inc. - Business segments
    • Exhibit 73: C.H. Robinson Worldwide Inc. - Key news
    • Exhibit 74: C.H. Robinson Worldwide Inc. - Key offerings
    • Exhibit 75: C.H. Robinson Worldwide Inc. - Segment focus
  • 10.7 Deutsche Post DHL Group 
    • Exhibit 76: Deutsche Post DHL Group - Overview
    • Exhibit 77: Deutsche Post DHL Group - Business segments
    • Exhibit 78: Deutsche Post DHL Group - Key news
    • Exhibit 79: Deutsche Post DHL Group - Key offerings
    • Exhibit 80: Deutsche Post DHL Group - Segment focus
  • 10.8 FedEx Corp.
    • Exhibit 81: FedEx Corp. - Overview
    • Exhibit 82: FedEx Corp. - Business segments
    • Exhibit 83: FedEx Corp. - Key offerings
    • Exhibit 84: FedEx Corp. - Segment focus
  • 10.9 Lineage Logistics Holdings LLC 
    • Exhibit 85: Lineage Logistics Holdings LLC - Overview
    • Exhibit 86: Lineage Logistics Holdings LLC - Product / Service
    • Exhibit 87: Lineage Logistics Holdings LLC - Key news
    • Exhibit 88: Lineage Logistics Holdings LLC - Key offerings
  • 10.10 Tippmann Group
    • Exhibit 89: Tippmann Group - Overview
    • Exhibit 90: Tippmann Group - Product / Service
    • Exhibit 91: Tippmann Group - Key offerings
  • 10.11 VersaCold Logistics Services 
    • Exhibit 92: VersaCold Logistics Services - Overview
    • Exhibit 93: VersaCold Logistics Services - Product / Service
    • Exhibit 94: VersaCold Logistics Services - Key offerings
  • 10.12 XPO Logistics Inc.
    • Exhibit 95: XPO Logistics Inc. - Overview
    • Exhibit 96: XPO Logistics Inc. - Business segments
    • Exhibit 97: XPO Logistics Inc. - Key offerings
    • Exhibit 98: XPO Logistics Inc. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 99: Inclusions checklist
    • Exhibit 100: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 101: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 102: Research methodology
    • Exhibit 103: Validation techniques employed for market sizing
    • Exhibit 104: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 105: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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SOURCE Technavio

Copyright CNW Group 2022

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