India Cold Chain Logistics Market Introduction and Overview
According to SPER Market Research, the India Cold Chain Logistics Market is estimated to reach USD 26.6 billion by 2033 with a CAGR of 9.97%.
The report includes an in-depth analysis of the India Cold Chain Logistics Market, including market size and trends, product mix, applications, and supplier analysis. The process of handling and shipping temperature-sensitive goods in a controlled setting to maintain their quality and guarantee a safe delivery to the final customer is known as cold chain logistics. In addition to temperature monitoring systems and rigorous adherence to regulatory standards, it requires specialized equipment such refrigerated trucks, warehouses, and containers. Maintaining the proper temperature conditions to stop perishable commodities from spoiling, degrading, or being contaminated is the primary goal of cold chain logistics.
- In January 2024, Snowman Logistics began operations at a newly leased multi-temperature warehouse in Guwahati, Assam. The warehouse has a total capacity of 5,152 pallets and includes eight chambers and four loading bays outfitted with cutting-edge equipment. The warehouse, which is specifically designed to accommodate products ranging in temperature from ambient to minus 25 degrees Celsius, will primarily provide storage, handling, and transportation services for ice cream, poultry, ready-to-eat food, dairy products, confectionery, bakery products, seafood, fruits and vegetables.
- In December 2023, TCI Express expanded its Rail Express vertical from 250 to 2,200 customers, increased its network from 10 to 125 lines, and optimized capacity utilization to drive industry growth and efficiency. TCI Express focuses train delivery for low-cost express services, using economies of scale at its branches and along routes to provide efficient logistical solutions to its customers.
Market Opportunities and Challenges
Opportunities:
Infrastructure Investments and Technological Developments - Investments in infrastructure and technological developments are two major factors propelling the expansion of the India cold chain storage and logistics market. The efficiency and dependability of cold chain operations are being revolutionized by advancements in cold chain technologies, including data analytics, real-time temperature tracking, and IoT-enabled monitoring devices. By offering real-time visibility into temperature-sensitive cargo, these systems lower the chance of product loss or spoiling and enable proactive management of temperature aberrations. Furthermore, the cold chain network is growing throughout India as a result of private sector investments and government infrastructure development projects. The cold chain infrastructure's capacity and connectivity are being improved by strategic investments in cold storage facilities, refrigerated transportation fleets, and integrated logistics hubs, especially in industrial corridors and agricultural hubs. These expenditures are intended to increase market accessibility for perishable agricultural products and food items, decrease post-harvest losses, and boost supply chain effectiveness.
Challenges- The lack of infrastructure and financial limitations are major obstacles for the Indian cold chain storage and logistics market. The nation's cold chain infrastructure is still undeveloped and dispersed, despite the rising need for cold chain solutions brought on by pharmaceuticals and perishable items. The lack of contemporary cold storage facilities and refrigerated transportation networks, especially in rural and semi-urban areas, is one of the main obstacles. The efficiency and dependability of the delivery of perishable items along the supply chain are impacted by this infrastructural gap, which restricts the storage capacity and accessibility of cold chain services.
Market Competitive Landscape
The Indian cold chain logistics market is fragmented, with a significant number of local firms meeting the expanding demand. Some of the prominent participants in the market are A.P. Møller – Mærsk, CEVA Logistics, Cold Care Group B.V, Coldman Logistics Pvt. Ltd, Coldrush Logistics Pvt. Ltd, ColdStar Logistics Pvt. Ltd, Crystal Group, DHL Group, among others.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Technology, By Temperature Technology, By Solution, By Industry |
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region |
| Companies Covered | A.P. Møller – Mærsk, CEVA Logistics, Cold Care Group B.V, Coldman Logistics Pvt. Ltd, Coldrush Logistics Pvt. Ltd, ColdStar Logistics Pvt. Ltd, Crystal Group, DHL Group, Gubba Cold Storage Pvt. Ltd, Kool-Ex Cold Chain Limited. |
By Industry Insights:
The Food and Beverage Industry is the driving force behind India's cold chain demand. The food and beverage industry is the backbone of India's cold chain logistics market, accounting for over half of total demand. India has one of the world's largest food markets, with the food processing sector accounting for more than 49% of national output. The country's position as the world's greatest producer of milk and spices, as well as the second-largest producer of fruits, vegetables, and rice, demonstrates the enormous amount of perishable commodities that necessitate efficient cold chain systems.
COVID-19 Impact on India Cold Chain Logistics Market
The COVID-19 pandemic had a significant influence on the cold chain logistics industry. With the global distribution of vaccines and pharmaceuticals, demand for temperature-controlled storage and transportation has increased. Furthermore, disruptions in supply chains and logistics networks created difficulties, emphasizing the significance of strong cold chain infrastructure. The pandemic has spurred the digitalization and adoption of innovative technology in cold chain logistics, ensuring the safe and efficient distribution of temperature-sensitive items in the face of unprecedented hurdles.
Key Target Audience:
- Food and Beverage Companies
- Pharmaceutical and Healthcare Companies
- Dairy and Frozen Food Producers
- Retail Chains and Supermarkets
- Agriculture Exporters
- E-commerce Grocery Platforms
- Fisheries and Seafood Exporters
- Logistics and Transportation Companies
- Government and Regulatory Bodies
- Cold Storage Facility Providers
Our in-depth analysis of the India Cold Chain Logistics Market includes the following segments:
| By Technology: | Vapor CompressionBlast FreezingEvaporative CoolingProgrammable Logic ControllerCryogenic SystemsOther Technologies |
| By Temperature Technology: | ChilledFrozen |
| By Solution: | Cold Chain Warehouse/storageCold Chain TransportAutomated Temperature Type Handling |
| By Industry: | Food and BeveragesFruit and VegetableMeat and SeafoodDairy and Frozen DessertBakery and ConfectioneryReady-to-eat MealChemicalPharmaceuticalsMedicalOthers |
Key Topics Covered in the Report:
- India Cold Chain Logistics Market Size (FY’2024-FY’2033)
- Overview of India Cold Chain Logistics Market
- Segmentation of India Cold Chain Logistics Market by Technology (Vapor Compression, Blast Freezing, Evaporative Cooling, Programmable Logic Controller, Cryogenic Systems, Other Technologies)
- Segmentation of India Cold Chain Logistics Market by Temperature Technology (Chilled, Frozen)
- Segmentation of India Cold Chain Logistics Market by Solution (Cold Chain Warehouse/storage, Cold Chain Transport, Automated Temperature Type Handling)
- Segmentation of India Cold Chain Logistics Market by Industry (Food and Beverages, Chemical, Pharmaceuticals, Medical, Others)
- Statistical Snap of India Cold Chain Logistics Market
- Expansion Analysis of India Cold Chain Logistics Market
- Problems and Obstacles in India Cold Chain Logistics Market
- Competitive Landscape India Cold Chain Logistics Market
- Impact of COVID-19 and Demonetization India Cold Chain Logistics Market
- Details on Current Investment in India Cold Chain Logistics Market
- Competitive Analysis of India Cold Chain Logistics Market
- Prominent Players in the India Cold Chain Logistics Market
- SWOT Analysis of India Cold Chain Logistics Market
- India Cold Chain Logistics Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the India Cold Chain Logistics Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. India Cold Chain Logistics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in India Cold Chain Logistics Market
7. India Cold Chain Logistics Market, By Technology (USD Million) 2020-2033
7.1. India Cold Chain Logistics Market Size, Share and Forecast, By Technology, 2020-2026
7.2. India Cold Chain Logistics Market Size, Share and Forecast, By Technology, 2027-2033
7.3. Vapor Compression
7.4. Blast Freezing
7.5. Evaporative Cooling
7.6. Programmable Logic Controller
7.7. Cryogenic Systems
7.8. Other Technologies
8. India Cold Chain Logistics Market, By Temperature Technology (USD Million) 2020-2033
8.1. India Cold Chain Logistics Market Size, Share and Forecast, By Temperature Technology, 2020-2026
8.2. India Cold Chain Logistics Market Size, Share and Forecast, By Temperature Technology, 2027-2033
8.3. Chilled
8.4. Frozen
9. India Cold Chain Logistics Market, By Solution (USD Million) 2020-2033
9.1. India Cold Chain Logistics Market Size, Share and Forecast, By Solution, 2020-2026
9.2. India Cold Chain Logistics Market Size, Share and Forecast, By Solution, 2027-2033
9.3. Cold Chain Warehouse/storage
9.4. Cold Chain Transport
9.5. Automated Temperature Type Handling
10. India Cold Chain Logistics Market, By Industry (USD Million) 2020-2033
10.1. India Cold Chain Logistics Market Size, Share and Forecast, By Industry, 2020-2026
10.2. India Cold Chain Logistics Market Size, Share and Forecast, By Industry, 2027-2033
10.3. Food and Beverages
10.3.1. Fruit and Vegetable
10.3.2. Meat and Seafood
10.3.3. Dairy and Frozen Dessert
10.3.4. Bakery and Confectionery
10.3.5. Ready-to-eat Meal
10.4. Chemical
10.5. Pharmaceuticals
10.6. Medical
10.7. Others
11. India Cold Chain Logistics Market Forecast, 2020-2033 (USD Million)
11.1. India Cold Chain Logistics Market Size and Market Share
12. India Cold Chain Logistics Market, By Region, 2020-2033 (USD Million)
12.1. India Cold Chain Logistics Market Size and Market Share By Region (2020-2026)
12.2. India Cold Chain Logistics Market Size and Market Share By Region (2027-2033)
12.3. Eastern Region
12.4. Western Region
12.5. Northern Region
12.6. Southern Region
13. Company Profile
13.1. A.P. Møller – Mærsk
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. CEVA Logistics
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Cold Care Group B.V
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Coldman Logistics Pvt. Ltd
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Coldrush Logistics Pvt. Ltd
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. ColdStar Logistics Pvt. Ltd
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Crystal Group
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. DHL Group
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Gubba Cold Storage Pvt. Ltd
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Kool-Ex Cold Chain Limited
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
