9.01% Y-O-Y Growth Rate of 2022 is Estimated for Cold Chain Logistics Market in the UK, Insights on Market Size, Share, Trends, Growth, Scope, Outlook, Opportunities, Forecast, and Analysis by 2022-2026
NEW YORK, July 22, 2022 /PRNewswire/ -- The Cold Chain Logistics Market in the UK is segmented by Type (refrigerated warehouse and refrigerated transportation) and Application (MFS, Dairy and frozen desserts, FVB, and Others). The market share growth in the UK by the refrigerated warehouse segment will be significant during the forecast period. As the import and export of temperature-sensitive products increase, there is a growing demand for refrigerated warehouses and transportation facilities. These warehouses are usually airtight, enabling them to protect the products from external weather changes and temperature. Such factors are expected to propel market growth during the forecast period. Moreover, the cold chain logistics market value in the UK is set to grow by USD 9.17 billion, progressing at a CAGR of 11.22% from 2021 to 2026, as per the latest report by Technavio.
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Cold Chain Logistics Market in UK 2022-2026: Use of RFID in Cold Chain Logistics to Drive the Growth
- The current temperature monitoring systems such as temperature dataloggers and strip chart recorders are mostly expensive and non-automated, requiring manual inspection.
- RFID devices can provide more accurate reading when compared with current temperature monitoring systems without opening the package.
- These RFID derives placed in cold storage transport vehicles, which helps enterprises monitor the environment temperature on the go, based on which the temperature inside the vehicle can be controlled and managed efficiently. This will help in maintaining the quality of products inside the vehicle. Such uses of RFID in cold chain logistics will drive the market growth during the forecast period.
Cold Chain Logistics Market in UK 2022-2026: Poor Customer Satisfaction to Challenge the Growth
- It is essential to anticipate customers' future needs for procurement and installation of cold chain equipment, which is approximately 1.5 to 2 years.
- Capacity needs of customers, such as healthcare providers, also increase over time with new vaccine introductions, campaigns, and population growth. If vendors cannot offer the required flexibility to customers, it will lead to their dissatisfaction.
- These issues will lead to a poor experience for customers, thus encouraging enterprises to opt for better solutions for the storage and transportation of their products. Hence, it will impact the growth of cold chain logistics in the UK during the forecast period.
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Cold Chain Logistics Market in UK 2022-2026: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our report covers the following areas:
- Cold Chain Logistics Market size in UK
- Cold Chain Logistics Market trends in UK
- Cold Chain Logistics Market analysis in UK
Cold Chain Logistics Market in UK 2022-2026: Vendor Analysis
- AGRO Merchants Group
- Andrew Marr International Ltd
- Chiltern Cold Storage Group Ltd.
- Kerry Logistics Network Ltd.
- Lineage Logistics Holdings LLC
- NewCold Cooperatief UA
- Posten Norge AS
- Seafast Logitics Ltd.
- Trade Distribution Ltd
- XPO Logistics Inc.
The cold chain logistics market in the UK is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
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Cold Chain Logistics Market in UK 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 the UK during the next five years
- Estimation of the cold chain logistics market size in the UK 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 the UK
- 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 the UK
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Cold Chain Market in China by End-user and Type - Forecast and Analysis 2021-2025: The market value is set to grow by USD 53.46 billion, progressing at a CAGR of 19% from 2020 to 2025, as per the latest report by Technavio. This market report entails exhaustive statistical qualitative and quantitative data on End-user (Meat, fish, and seafood sector, Dairy and frozen desserts sector, Fruits and vegetables sector, Healthcare sector, and Bakery and confectionery sector), Type (Refrigerated warehouse and Refrigerated transportation), and their contribution to the target market. FIND MORE RESEARCH INSIGHTS HERE
Cold Chain Logistics Market in UK Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2021 |
Forecast period | 2022-2026 |
Growth momentum & CAGR | Accelerate at a CAGR of 11.22% |
Market growth 2022-2026 | $ 9.17 billion |
Market structure | Fragmented |
YoY growth (%) | 9.01 |
Regional analysis | UK |
Performing market contribution | UK at 100% |
Key consumer countries | UK |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | AGRO Merchants Group, Andrew Marr International Ltd, Chiltern Cold Storage Group Ltd., Kerry Logistics Network Ltd., Lineage Logistics Holdings LLC, NewCold Cooperatief UA, Posten Norge AS, Seafast Logitics Ltd., Trade Distribution Ltd, 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, market condition analysis for the forecast period, |
Customization preview | 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: Key Finding 1
Exhibit 02: Key Finding 2
Exhibit 03: Key Finding 6
Exhibit 04: Key Finding 5
Exhibit 05: Key Finding 7
2. Market Landscape
2.1 Market ecosystem
Exhibit 06: Parent market
Exhibit 07: Market Characteristics
2.2 Value chain analysis
Exhibit 08: Value Chain Analysis: Air Freight and logistics
2.2.1 Shippers
2.2.2 Freight forwarder
2.2.3 Air freight carrier
2.2.4 Handling agents
2.2.5 Consignee
2.2.6 Industry innovation
3. Market Sizing
3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 - 2026
Exhibit 11: UK - Market size and forecast 2021 - 2026 ($ million)
Exhibit 12: UK market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 13: Five forces analysis 2021 & 2026
4.2 Bargaining power of buyers
Exhibit 14: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 15: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 16: Threat of new entrants
4.5 Threat of substitutes
Exhibit 17: Threat of substitutes
4.6 Threat of rivalry
Exhibit 18: Threat of rivalry
4.7 Market condition
Exhibit 19: Market condition - Five forces 2021
5. Market Segmentation by Application
5.1 Market segments
The segments covered in this chapter are:
- MFS
- Dairy and frozen desserts
- FVB
- Others
Exhibit 20: Application - Market share 2021-2026 (%)
5.2 Comparison by Application
Exhibit 21: Comparison by Application
5.3 MFS - Market size and forecast 2021-2026
Exhibit 22: MFS - Market size and forecast 2021-2026 ($ million)
Exhibit 23: MFS - Year-over-year growth 2021-2026 (%)
5.4 Dairy and frozen desserts - Market size and forecast 2021-2026
Exhibit 24: Dairy and frozen desserts - Market size and forecast 2021-2026 ($ million)
Exhibit 25: Dairy and frozen desserts - Year-over-year growth 2021-2026 (%)
5.5 FVB - Market size and forecast 2021-2026
Exhibit 26: FVB - Market size and forecast 2021-2026 ($ million)
Exhibit 27: FVB - Year-over-year growth 2021-2026 (%)
5.6 Others - Market size and forecast 2021-2026
Exhibit 28: Others - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Others - Year-over-year growth 2021-2026 (%)
5.7 Market opportunity by Application
Exhibit 30: Market opportunity by Application
6. Market Segmentation by Type
6.1 Market segments
The segments covered in this chapter are:
- Refrigerated warehouse
- Refrigerated transportation
Exhibit 31: Type - Market share 2021-2026 (%)
6.2 Comparison by Type
Exhibit 32: Comparison by Type
6.3 Refrigerated warehouse - Market size and forecast 2021-2026
Exhibit 33: Refrigerated warehouse - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Refrigerated warehouse - Year-over-year growth 2021-2026 (%)
6.4 Refrigerated transportation - Market size and forecast 2021-2026
Exhibit 35: Refrigerated transportation - Market size and forecast 2021-2026 ($ million)
Exhibit 36: Refrigerated transportation - Year-over-year growth 2021-2026 (%)
6.5 Market opportunity by Type
Exhibit 37: Market opportunity by Type
7. Customer Landscape
7.1 Overview
Exhibit 38: Customer landscape
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Use of RFID in cold chain logistics
8.1.2 Increasing number of trade corridors
8.1.3 Need to comply with regulations
8.2 Market challenges
8.2.1 Poor customer satisfaction
8.2.2 Lack of logistics infrastructure and low adoption of technologies
8.2.3 Fluctuating fuel prices
Exhibit 39: Impact of drivers and challenges
8.3 Market trends
8.3.1 Increased use of IoT and technological solutions with Cold chain
8.3.2 Growing consolidation in the global healthcare logistics market
8.3.3 Rising popularity of blockchain technology in the logistics industry
9. Vendor Landscape
9.1 Overview
Exhibit 40: Vendor landscape
9.2 Landscape disruption
Exhibit 41: Landscape disruption
Exhibit 42: Industry risks
9.3 Competitive Scenario
10. Vendor Analysis
10.1 Vendors covered
Exhibit 43: Vendors covered
10.2 Market positioning of vendors
Exhibit 44: Market positioning of vendors
10.3 AGRO Merchants Group
Exhibit 45: AGRO Merchants Group - Overview
Exhibit 46: AGRO Merchants Group - Product and service
Exhibit 47: AGRO Merchants Group - Key offerings
10.4 Andrew Marr International Ltd
Exhibit 48: Andrew Marr International Ltd - Overview
Exhibit 49: Andrew Marr International Ltd - Product and service
Exhibit 50: Andrew Marr International Ltd - Key offerings
10.5 Chiltern Cold Storage Group Ltd.
Exhibit 51: Chiltern Cold Storage Group Ltd. - Overview
Exhibit 52: Chiltern Cold Storage Group Ltd. - Product and service
Exhibit 53: Chiltern Cold Storage Group Ltd. - Key offerings
10.6 Kerry Logistics Network Ltd.
Exhibit 54: Kerry Logistics Network Ltd. - Overview
Exhibit 55: Kerry Logistics Network Ltd. - Business segments
Exhibit 56: Kerry Logistics Network Ltd. - Key offerings
Exhibit 57: Kerry Logistics Network Ltd. - Segment focus
10.7 Lineage Logistics Holdings LLC
Exhibit 58: Lineage Logistics Holdings LLC - Overview
Exhibit 59: Lineage Logistics Holdings LLC - Product and service
Exhibit 60: Lineage Logistics Holdings LLC - Key offerings
10.8 NewCold Cooperatief UA
Exhibit 61: NewCold Cooperatief UA - Overview
Exhibit 62: NewCold Cooperatief UA - Product and service
Exhibit 63: NewCold Cooperatief UA - Key offerings
10.9 Posten Norge AS
Exhibit 64: Posten Norge AS - Overview
Exhibit 65: Posten Norge AS - Product and service
Exhibit 66: Posten Norge AS - Key offerings
10.10 Seafast Logitics Ltd.
Exhibit 67: Seafast Logitics Ltd. - Overview
Exhibit 68: Seafast Logitics Ltd. - Product and service
Exhibit 69: Seafast Logitics Ltd. - Key offerings
10.11 Trade Distribution Ltd
Exhibit 70: Trade Distribution Ltd - Overview
Exhibit 71: Trade Distribution Ltd - Product and service
Exhibit 72: Trade Distribution Ltd - Key offerings
10.12 XPO Logistics Inc.
Exhibit 73: XPO Logistics Inc. - Overview
Exhibit 74: XPO Logistics Inc. - Business segments
Exhibit 75: XPO Logistics Inc. – Key news
Exhibit 76: XPO Logistics Inc. - Key offerings
Exhibit 77: XPO Logistics Inc. - Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 ????Market definition
11.1.2 Objective
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 78: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 79: Research Methodology
Exhibit 80: Validation techniques employed for market sizing
Exhibit 81: Information sources
11.4 List of abbreviations
Exhibit 82: List of abbreviations
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