India Cold Chain Storage And Logistics Market to Grow at CAGR of 17.04% through 2030F
India Cold Chain Storage and
Logistics Market is increasing due to rising demand for temperature-controlled
solutions driven by growing e-commerce, organized retail, and perishable goods
consumption during the forecast period 2025-2030
According to TechSci Research
report, “India Cold Chain
Storage and Logistics Market – By Region, Competition, Forecast and Opportunities
2020-2030F", The India Cold Chain Storage and Logistics Market was valued at
USD 4701 million in 2024 and is expected to reach USD 12192.35 million by 2030
with a CAGR of 17.04% through 2030. Supportive government
policies and initiatives are playing a vital role in driving the growth of the
India cold chain storage and logistics market. Recognizing the importance of a
robust cold chain infrastructure for food security, agricultural development,
and healthcare, the government of India has introduced several programs and
incentives to promote the development and expansion of cold chain facilities.
The Pradhan Mantri Kisan Sampada Yojana, for instance, aims to create
modern infrastructure for the storage, processing, and distribution of
agricultural products. Under this scheme, financial assistance is provided for
the establishment of integrated cold chain projects, including pre-cooling
units, cold storage, refrigerated transport, and processing facilities. These
initiatives are designed to reduce post-harvest losses, enhance the shelf life
of perishable products, and increase farmers’ income.
The collaboration between government bodies and industry stakeholders is
fostering the adoption of best practices and the implementation of global
standards in cold chain operations. Moreover, initiatives to promote skill
development and training in cold chain management are addressing the shortage
of skilled workforce, ensuring the efficient operation of modern cold storage
facilities and logistics networks.
Limited awareness and adoption of advanced technologies pose a
significant challenge to the growth of the India cold chain storage and
logistics market. Despite the availability of innovative solutions such as
Internet of Things-enabled sensors, blockchain technology, and automated
storage systems, many stakeholders in the industry are hesitant to invest in
these technologies due to a lack of knowledge and perceived complexity.
Small and medium-sized enterprises, in particular, often struggle to
understand the potential benefits and cost savings associated with advanced
cold chain technologies. This lack of awareness results in the continued
reliance on traditional and less efficient methods of storage and
transportation, leading to higher rates of spoilage and wastage. Additionally,
the initial cost of implementing these technologies can be a deterrent,
especially for businesses operating on limited budgets.
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Based on Technology segment, The
dry ice segment emerged as the dominant technology in the India cold chain
storage and logistics market in 2024 and is anticipated to maintain its leading
position throughout the forecast period. This dominance can be attributed to
the exceptional thermal efficiency and cost-effectiveness of dry ice as a
cooling agent, making it the preferred choice for transporting perishable
goods, pharmaceuticals, and other temperature-sensitive products. Unlike other
technologies, dry ice provides extended cooling duration without the need for
electricity or mechanical refrigeration, which is particularly advantageous in
regions with unreliable power supply or remote areas where infrastructure is
limited. Additionally, the versatility of dry ice, which can be molded into
various shapes and sizes to fit diverse packaging requirements, enhances its
appeal across multiple industries. The pharmaceutical and healthcare sectors,
in particular, rely heavily on dry ice for the safe and efficient
transportation of vaccines, biologics, and other critical medical supplies.
Furthermore, the increasing adoption of environmentally friendly practices in
the cold chain storage and logistics market has bolstered the popularity of dry
ice, as it sublimates directly into carbon dioxide gas, leaving no residue and
reducing waste management concerns. The rising demand for frozen and chilled
food products in India, driven by changing consumer preferences and the growth
of organized retail, has further amplified the need for efficient cooling
technologies such as dry ice. While alternative technologies like gel packs,
eutectic plates, liquid nitrogen, and quilts continue to play a significant
role in specific applications, the widespread applicability, reliability, and
cost advantages of dry ice position it as the leading technology in the India
cold chain storage and logistics market.
South India has
emerged as the fastest-growing region in the India cold chain storage and
logistics market, driven by a confluence of factors that include robust
infrastructure development, a thriving agricultural sector, and increasing
investments in cold chain facilities. The region's extensive production of
fruits, vegetables, seafood, and poultry necessitates advanced cold storage
solutions to ensure the preservation of perishable goods and reduce
post-harvest losses. States such as Tamil Nadu, Andhra Pradesh, Karnataka, and
Kerala are spearheading initiatives to establish temperature-controlled storage
facilities and efficient logistics networks, enhancing their capacity to handle
growing demand. Additionally, the region benefits from its strategic geographic
location with proximity to major ports, facilitating seamless export of
perishable commodities to global markets. The burgeoning e-commerce sector and
the rising popularity of online grocery platforms further fuel the demand for
cold chain solutions in South India, as companies seek to maintain product
quality and freshness during last-mile delivery. Government incentives and
policies aimed at promoting the establishment of cold chain infrastructure,
along with collaborations between private players and state authorities, have
accelerated the pace of growth in this region. Furthermore, the region's focus
on adopting advanced technologies, such as real-time monitoring systems and
energy-efficient cooling mechanisms, has enhanced operational efficiency,
making South India a frontrunner in the cold chain storage and logistics
market. These factors collectively position South India as a dynamic and
rapidly evolving hub for cold chain activities, with significant potential for
sustained growth in the foreseeable future.
Key market players in the India Cold
Chain Storage and Logistics Market are: -
- Americold Logistics, LLC
- Burris Logistics
- Ortus Solutions, Corp
- Conestoga Cold Storage
- Congebec (Transport) Inc
- Lineage, Inc.
- Nichirei Corporation
- Tippmann Group
- United States Cold Storage
- VersaCold Logistics Services
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“India cold chain storage and
logistics market is poised for robust growth driven by increasing demand for
perishable goods, evolving consumer preferences, and advancements in
technology. The expansion of organized retail and e-commerce platforms has amplified
the need for reliable cold storage and efficient logistics networks to ensure
the freshness and quality of products. Government initiatives aimed at
minimizing food wastage and supporting infrastructure development have further
bolstered market growth. Additionally, rising investments in
temperature-controlled storage facilities, adoption of advanced technologies,
and growing export opportunities for perishable goods are expected to propel
the market forward in the coming years.” said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based Global management consulting
firm.
“India Cold Chain Storage
and Logistics Market By Service Type (Refrigerated Warehouse,
Refrigerated Transportation), By Application (Seafood, Meat, Fruit &
Vegetable, Dairy Products, Alternative Protein, Others), By Temperature Type
(Frozen, Chilled), By Technology (Dry Ice, Gel Packs, Eutectic Plates, Liquid
Nitrogen, Quilts),By Region, Competition, Forecast & Opportunities,
2020-2030F,”
has evaluated the future growth potential of India Cold Chain Storage and
Logistics Market and provides statistics & information on market
size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in India Cold Chain
Storage and Logistics Market.
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