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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

·11 min read

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.

Technavio has announced its latest market research report titled Cold Chain Logistics Market in North America 2022-2026
Technavio has announced its latest market research report titled Cold Chain Logistics Market in North America 2022-2026

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

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

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

2 Market Landscape

  • 2.1 Market ecosystem

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market segment analysis

  • 3.3 Market size 2021

  • 3.4 Market outlook: Forecast for 2021-2026

4 Five Forces Analysis

  • 4.1 Five forces summary

  • 4.2 Bargaining power of buyers

  • 4.3 Bargaining power of suppliers

  • 4.4 Threat of new entrants

  • 4.5 Threat of substitutes

  • 4.6 Threat of rivalry

  • 4.7 Market condition

5 Market Segmentation by Type

  • 5.1 Market segments

  • 5.2 Comparison by Type

  • 5.3 Refrigerated warehouse - Market size and forecast 2021-2026

  • 5.4 Refrigerated transportation - Market size and forecast 2021-2026

  • 5.5 Market opportunity by Type

6 Customer Landscape

  • 6.1 Customer landscape overview

7 Geographic Landscape

  • 7.1 Geographic segmentation

  • 7.2 Geographic comparison

  • 7.3 US - Market size and forecast 2021-2026

  • 7.4 Canada - Market size and forecast 2021-2026

  • 7.5 Mexico - Market size and forecast 2021-2026

  • 7.6 Market opportunity by geography

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers

  • 8.2 Market challenges

  • 8.3 Impact of drivers and challenges

  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview

  • 9.2 Vendor landscape

  • 9.3 Landscape disruption

  • 9.4 Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered

  • 10.2 Market positioning of vendors

  • 10.3 AGRO Merchants Group

  • 10.4 Americold Realty Operating Partnership LP

  • 10.5 Burris Logistics

  • 10.6 C.H. Robinson Worldwide Inc.

  • 10.7 Deutsche Post DHL Group

  • 10.8 FedEx Corp.

  • 10.9 Lineage Logistics Holdings LLC

  • 10.10 Tippmann Group

  • 10.11 VersaCold Logistics Services

  • 10.12 XPO Logistics Inc.

11 Appendix

  • 11.1 Scope of the report

  • 11.2 Inclusions and exclusions checklist

  • 11.3 Currency conversion rates for US$

  • 11.4 Research methodology

  • 11.5 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: media@technavio.com
Website: www.technavio.com/

Cold Chain Logistics Market in North America 2022-2026
Cold Chain Logistics Market in North America 2022-2026
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