France Cold Chain Logistics Market Size Booming at Significant CAGR of 7.46% to Reach USD 7.89 Billion by 2030
France Cold Chain Logistics Market is flourishing because of the growing demand for perishable goods and expanding e-commerce for perishables.
Report Ocean, a leading strategic consulting and market research firm, in its recent study, estimated the France Cold Chain Logistics Market size at USD 5.58 billion in 2023. During the forecast period between 2024 and 2030, Report Ocean expects the France Cold Chain Logistics Market size to expand at a CAGR of 7.46% reaching a value of USD 7.89 billion by 2030. Growing e-commerce sales of perishable commodities, such as fruits, vegetables, and dairy products, and the need for medical supplies to be kept in a temperature-controlled environment are two of the primary growth factors for the France Cold Chain Logistics Market. Furthermore, players in the Cold Chain Logistics Market in France is expected to witness lucrative growth opportunities owing to rising adoption of automation in logistics.
Opportunity: Rising demand for efficient cold chain logistics in the healthcare sector
In the pharmaceutical and healthcare sector, efficient cold chain logistics is crucial in protecting pharmaceutical products from deterioration, contamination, or potency loss. Different finished goods and raw materials in the pharmaceutical and healthcare industries may need to be stored at different temperatures to retain their effectiveness. Improper handling of the product or any disturbance in its temperature could lead to its permanent spoilage. During the COVID-19 pandemic, the transportation of vaccines between various cities and nations created a surge in demand for efficient cold chain logistics in France, driving the overall market growth.
France Cold Chain Logistics Market
Segmental Coverage
France Cold Chain Logistics Market - By Service
Based on service, the France Cold Chain Logistics Market is segmented into storage, transportation, and value-added services (including blast freezing, labeling, and inventory management). The storage segment holds the largest share in the France Cold Chain Logistics Market owing to the high import of various food products in the country. France imports various types of fruits and vegetables, dairy products, seafood, and processed food, which requires an efficient cold storage system to prevent food spoilage.
Competitive Landscape
Major players operating in the France Cold Chain Logistics Market include DHL Supply Chain, Kuehne + Nagel, DB Schenker, FedEx Logistics, UPS Supply Chain Solutions, XPO Logistics, Lineage Logistics, Americold Logistics, and AGRO Merchants Group, Nichirei Logistics Group, Sofrilog, IRIS Logistics, Mutual Logistics, Stef Logistique, and Olano Logistique.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the France Cold Chain Logistics Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the France Cold Chain Logistics Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.