Cold Chain Market in APAC 2020-2024. The analyst has been monitoring the cold chain market in APAC and it is poised to grow by $ 79. 20 bn during 2020-2024, progressing at a CAGR of 18% during the forecast period.
New York, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Cold Chain Market in APAC 2020-2024" - https://www.reportlinker.com/p05356552/?utm_source=GNW
Our reports on cold chain market in APAC provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current APAC market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising demand for frozen and sea food due to changing consumption patterns, increasing trade of pharma and healthcare devices in APAC, and convergence of IT and vehicular technology in cold chain systems. In addition, rising demand for frozen and sea food due to changing consumption patterns is anticipated to boost the growth of the market as well.
The cold chain market in APAC analysis includes end-user segment and geographical landscapes.
The cold chain market in APAC is segmented as below:
• Food and beverages
• Pharmaceuticals and healthcare
By Geographic Landscapes
• Rest of APAC
This study identifies the adoption of the PPP model for infrastructural development in supply chains as one of the prime reasons driving the cold chain market in APAC growth during the next few years. Also, increased demand for integrated cold chain logistics services and increased cold storage capacity of reefer containers and refrigerated warehouses will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our cold chain market in APAC covers the following areas:
• Cold chain market in APAC sizing
• Cold chain market in APAC forecast
• Cold chain market in APAC industry analysis
Read the full report: https://www.reportlinker.com/p05356552/?utm_source=GNW
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