Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the Global Temperature Controlled Logistics (TCL)Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.6% during the review period (2022 to 2027).
Global Temperature Controlled Logistics (TCL) Market Overview
Temperature Controlled Logistics (TCL), also regarded as Cold Chain Logistics or Perishable logistics, is an integrated temperature-controlled system in which product quality, integrity and safety are upheld through the process of export, wrapping, packing, transport, handling, emotionless storage, distribution, delivery and placement at point of sale. It applies to all temperature sensitive products such as frozen, chilled & fresh perishable foodstuffs, pharmaceutical products, Hi-tech electronic equipment’s, flowers and chemicals. Temperature controlled logistics (TCL) stores goods and provides at a defined temperature to maintain their quality and safety. A creation is generally stored in a passive shipping system that is designed to maintain the labelled temperature range.
Rapid growth of the warehouse industry and increase in planned expansion of key players are likely to boost the temperature-controlled logistics (TCL) market across the globe. In January 2018, Versa Cold (Canada) opened its new distribution center in Milton, Ontario. The new center is probable to handle about 30 loads per day inbound and 60 loads per day outbound.
Who are the Prime Players in Temperature Controlled Logistics (TCL) Market?
The Global Temperature Controlled Logistics (TCL)Market includes identification and analysis of the various market participants competing in the global market. Prime competitors include Americold Logistics, Burris Logistics, Lineage Logistics, Nichirei Logistics, VersaCold Logistics Services, Agro Merchants, Grocontinental Limited, Tippmann Group, Conestoga Cold Storage, Partner Logistics, Cargo Partner, XPO Logistics
Industry News and Updates:
Jul 30, 2021: VersaCold Logistics Services Announces Acquisition of Strategic Real Estate Portfolio
VersaCold Logistics Services ("VersaCold") is pleased to announce that it has completed the acquisition of a strategic portfolio of cold storage warehouse assets from H&R Real Estate Investment Trust (TSX: HR.UN) and Crestpoint Real Estate Investments Ltd. Terms of the transaction were not disclosed.
April 13, 2022: Lineage Logistics, LLC (“Lineage” or the “Company”), one of the world’s leading and most innovative temperature-controlled industrial REITs and logistics solutions providers, today announced it has signed a definitive agreement to acquire VersaCold Logistics Services
What are the major Applications, Types and Regions for Global Temperature Controlled Logistics (TCL) Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
- Refrigerated Storage
- Refrigerated Transport
By Application, it is segmented into
- Fruits and Vegetables
- Fish, Meat, and Seafood Products
- Packaged Foods
- Dairy & Frozen Desserts
- Bakery & Confectionery Products
- Healthcare
- Other
Global Temperature Controlled Logistics (TCL) Market Regional Analysis
Europe is projected to hold for a significant share of the global temperature-controlled logistics (TCL) market due to a rise in the demand for frozen food across the globe. Rapid expansion of e-commerce industries and warehouse industries across the region is likely to boost the temperature-controlled logistics market. The COVID pandemic has propelled the demand for pharmaceutical and healthcare products, which in turn is anticipated to boost the temperature-controlled logistics market in Europe.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Global Temperature Controlled Logistics (TCL)Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Temperature Controlled Logistics (TCL)Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Global Temperature Controlled Logistics (TCL) Market scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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CAGR of 6.6% during the review period (2022 to 2027).
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By Types
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- Refrigerated Storage
- Refrigerated Transport
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By Application
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- Fruits and Vegetables
- Fish, Meat, and Seafood Products
- Packaged Foods
- Dairy & Frozen Desserts
- Bakery & Confectionery Products
- Healthcare
- Other
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By Companies
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Americold Logistics, Burris Logistics, Lineage Logistics, Nichirei Logistics, VersaCold
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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114
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Temperature Controlled Logistics (TCL) Market Report
- Evaluate Temperature Controlled Logistics (TCL) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Temperature Controlled Logistics (TCL) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Question
What is the study period of this market?
The Global Temperature Controlled Logistics (TCL) Market is studied from 2022-2027.
Who are the prime players in the Global Temperature Controlled Logistics (TCL) Market?
Americold Logistics, Burris Logistics, Lineage Logistics, Nichirei Logistics, VersaCold
Which region held the largest share in the Global Temperature Controlled Logistics (TCL) Market?
United States, Europe, China, Japan, Southeast Asia, India and Rest of World
What are the significant Types of Global Temperature Controlled Logistics (TCL) Market?
Refrigerated Storage, Refrigerated Transport
What are the major Application of Global Temperature Controlled Logistics (TCL) Market?
Fruits and Vegetables, Fish, Meat, and Seafood Products, Packaged Foods, Dairy & Frozen Desserts, Bakery & Confectionery Products, Healthcare, Other
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
