The report provides a comprehensive analysis of the potential of the Cold Chain Industry in KSA. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
Its market segmentation includes by end user, by ownership and by type, i.e. cold storage - by temperature range, by automation, by end user & by major cities and cold transport - by type of truck, by mode of transportation, by location, by vicinity & by end user; growth enablers and drivers, challenges and bottlenecks, trends driving digital adoption; regulatory framework; industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each segmentation and analyst recommendations.
The market is led by Mosanda Logistics and Agility; having the major share of the market. Other players include Etmam Logistics, Almajdouie Logistics, United Warehouse Company, Wared Logistics, Mosanada Logistics, and others.
As the demand for transporting refrigerated products is increasing, so will the demand for value-added services such as repackaging and consolidation, which increases the demand for 3PLs in the country. In addition, a 3PL can offer customized warehouses based on customer needs.
Its market segmentation includes by end user, by ownership and by type, i.e. cold storage - by temperature range, by automation, by end user & by major cities and cold transport - by type of truck, by mode of transportation, by location, by vicinity & by end user; growth enablers and drivers, challenges and bottlenecks, trends driving digital adoption; regulatory framework; industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each segmentation and analyst recommendations.
Market Overview:
According to publisher estimates, the KSA Cold Chain Market - which grew at a CAGR of 10.5% in the period of 2017-2022P - is expected to grow at a CAGR of 15.1% in the forecasted period of 2022P-2027F, owing to the change in lifestyle and urbanization, rising domestic consumption of processed food.The market is led by Mosanda Logistics and Agility; having the major share of the market. Other players include Etmam Logistics, Almajdouie Logistics, United Warehouse Company, Wared Logistics, Mosanada Logistics, and others.
As the demand for transporting refrigerated products is increasing, so will the demand for value-added services such as repackaging and consolidation, which increases the demand for 3PLs in the country. In addition, a 3PL can offer customized warehouses based on customer needs.
Key Trends by Market Segment:
- By Ownership: Majority of the companies have started outsourcing their transportation especially post COVID owing to high transportation and fuel cost. It helps the companies to reduce their cost and focus on main business efficiently. For instance, Igloo Supply Chain initially had their own reefer vans but post COVID, they have started to outsource their transportation since it is cost effective
- By Cold Storage and Cold Transport: The cold storage segment accounted for the greater share in the overall cold chain market during 2022P, reaching 62.1% in the same year. This increase in the share of cold storage market has been perceived on the grounds of increasing investments by the government on infrastructure development in the country under its Vision 2030. The growing demand for cold storage requirements especially by fast food restaurants for products such as meat and seafood has also greatly contributed in the high market share
Competitive Landscape
In the KSA Cold Chain Market, there are about 100+ players operating in the overall market, and top 2 players accounted ~29.7% share in the market in terms of revenue. The major parameters on which these players compete includes Fleet Size, Cold transport services and Total Pallet Positions, No. of Cold Storage Warehouses Product and Services and others.Future Outlook
The KSA Cold Chain Market is projected to show a growth of CAGR 15.1% in the forecasted period of 2022P-2027F, owing to the rising domestic consumption of meat, increasing seafood exports, rising retail spending, growth of dairy industry, changing lifestyle and societal norms, increasing pharmaceutical imports, rising hygiene and safety concerns and infrastructure development.Table of Contents
1. Executive Summary of KSA Cold Chain Market
2. KSA - Country Overview, 2022
3. Infrastructural Analysis of KSA
4. KSA Cold Chain Market Overview and Genesis
5. KSA Cold Chain Market Sizing and Segmentation, 2017-2022P
6. KSA Cold Storage Market
7. KSA Cold Transport Market Overview
8. KSA Cold Chain Industry Analysis
9. Technological Trends in KSA Cold Chain Market
10. KSA Cold Chain Market Competition Landscape
11. End User Analysis of KSA Cold Chain Market
12. Future Outlook of KSA Cold Chain Industry
13. Future Outlook of KSA Cold Storage Market
14. Future Outlook of KSA Cold Transport Market
15. Investment Opportunity in Controlled Room Temperature in KSA
16. Analyst Recommendation
17. Research Methodology
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- COLD STORES GROUP OF Saudi Arabia
- Agility Logistics
- Wared Logistics
- NAQEL Express
- Almajdouie Logistics
- Mosanada Logistics
- Agility Logistics
- Takhzeen Logistics
- Etmam Logistics
- Tamer Logistics
- United Warehouse Company
- Himmah Logistics
- Globus Logistics
- Storkom Logistics
- Four Winds
- Flow Progressive
- Sasat Logistics
- Al Theyab Global Logistics
- IFFCO Logistics
- RTL Racktech