Title: Asia-Pacific Cold Chain Logistics Market is Projected to Reach $133.97 billion by 2027
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2Asia-Pacific Cold Chain Logistics Market
The Asia-Pacific cold chain logistics market
witnessed significant downfall in 2020 as it was
limited to the movement of essential goods at
priority in the first and second quarter of 2020.
However, other goods along with essential goods
movement recovered and gained momentum in the
third and fourth quarter of 2020. As a result,
the overall revenue generation in the financial
year 2020 witnessed a negative trend as compared
to the revenue in 2019. The market witnessed
overall negative growth rate for the fiscal year
2020.
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3Asia-Pacific Cold Chain Logistics Market
The Asia-Pacific cold chain logistics market was
valued at 68.32 billion in 2019, and is
projected to reach 133.97 billion by 2027,
registering a CAGR of 11.7. Cold chain is a
combination of temperature-controlled surface
transport and supply chain. Cold chain logistics
refers to the freezing solutions required to
maintain the quality and shelf life of products
such as fresh agricultural produce, seafood,
frozen food, photographic film, chemicals, and
pharmaceutical drugs. Cold chains are essential
for extending the period of marketing, avoiding
over capacity, reducing transport bottlenecks
during peak period, and maintaining the quality
of products. The process involves the utilization
of temperature-controlled warehouses for storage
and cold insulated transport vehicles for product
distribution.
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4Asia-Pacific Cold Chain Logistics Market
- Key Benefits For Stakeholders
- This study presents the analytical depiction of
the Asia-Pacific cold chain logistics market
analysis along with the current trends and future
estimations to depict imminent investment
pockets. - The Asia-Pacific cold chain logistics market
opportunity is determined by understanding
profitable trends to gain a stronger foothold. - The report presents information related to key
drivers, restraints, and opportunities of the
market with a detailed impact analysis. - The current Asia-Pacific cold chain logistics
market is quantitatively analyzed from 2019 to
2027 to benchmark the financial competency. - Porters five forces analysis illustrates the
potency of the buyers and suppliers in the
industry.
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5Asia-Pacific Cold Chain Logistics Market
- Major Companies
- AIT Worldwide Logistics, Inc.
- CJ Rokin Logistics
- CWT Pte. Limited
- JWD InfoLogistics Public Company Limited
- Nichirei Logistics Group Inc.
- OOCL Logistics Limited
- SCG Logistics Management Company Limited
- SF Express
- United Parcel Service
- X2 Logistics Networks
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6Asia-Pacific Cold Chain Logistics Market
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