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Australia Cold Chain Market: Primed for Exponential Growth with a Forecasted CAGR of 10.3% by 2027
The market is currently in a growth phase, spurred by collaborations with logistics providers and Australia's geographic advantages. The strong demand for fast food and the rising consumption of perishable products necessitating stable temperature control are key drivers.
The landscape boasts both domestic and international players like Arctic Fox and Lineage, competing on technology, client services, and warehouse locations. Technological adoption and cost efficiency are the major focus areas for stakeholders.
The industry faces challenges in technological adoption and maintaining product integrity during last-mile delivery. However, the growing demand for cold storage, particularly from fast-food restaurants, presents significant opportunities.
With a projected CAGR of 10.3%, the market's future looks promising, driven by increased demand for perishable food products and the expansion of e-commerce, necessitating advanced cold storage facilities.
Australia's Cold Chain Market is on the brink of a transformative growth spurt, backed by strong end-user demand and significant investments in the sector.
Cold Storage
Cold Transport
Pharmaceuticals and Vaccines
Fruits and Vegetables
Dairy Products
Meat & Seafood
Confectionary
Others
Chiller
Frozen
Ambient
Meat & Sea Food
Fruits & Vegetables
Pharmaceuticals
Confectionary
Others
Sydney
Brisbane
Melbourne
Others
Reefer Truck
20 Foot Reefer
40 Foot Reefer
Land
Sea
Air
Domestic
International
Inter-City
Intra City
Owned
3PL Owned Facilities
Pharmaceuticals and Vaccines
Fruits and Vegetables
Dairy Products
Meat & Seafood
Confectionary
Others
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.
The Vietnam cold chain market is anticipated to grow with a CAGR of 14.8% due to the ever-growing demand Rising demand in future for pharmaceutical products and vaccines are to contribute the highest growth in cold chain market with cold storage Large Scale 3PL Companies are anticipated to contribute the major market share in Vietnam cold chain market by ownership.
According to Ken Research estimates, the Global Cold Chain Market will expand at significant rate by 2027, owing to the growing demand of processed ready-to-eat food, rising export volumes, expanding storage capacity and new and advanced technologies.
According to Ken Research estimates, the Indonesia Cold Chain Market grew at a CAGR of 10.7% in the period of 2016-2021 – is expected to grow at a CAGR of 12.9% in the forecasted period of 2021-2026F, owing to the change in lifestyle and urbanization, growing fisheries sector, expansion of existing cold storages and rising domestic consumption of meat.
Ken Research Private Limited
Ankur Gupta , Director Strategy and Growth
+91-9015378249
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