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The India Cold Chain Logistics market is projected to hit the market valuation of US$ 52.96 billion by 2032 from US$ 14.49 billion in 2023 at a CAGR of 15.56%.
Supply-chain management and temperature-controlled ground transportation are both included in the cold chain. "Cold chain logistics" refers to the freezing procedures necessary to preserve the quality and shelf life of goods. For instance, fresh produce, seafood, frozen dinners, photographic film, chemicals, and pharmaceutical medications. Cold chains are crucial for increasing the shelf life of products, preventing overcapacity, minimising transportation bottlenecks during busy times, and guaranteeing product quality. Both cold-insulated transport vehicles and temperature-controlled storage facilities are used in the process to distribute products. Products such as fruits, vegetables, meat, cattle, medications, and other items are frequently delivered and preserved using cold chain logistics techniques. Refrigerated trucks, railcars, air freight, and chilled cargo are common modes of transportation. By paying farmers fair rates for their produce, the cold chain sector is essential in reducing the wastage of perishable goods and commodities. Cold chain logistics improve the effectiveness of pharmaceuticals along the supply chain in the pharmaceutical business.
Development in Established Food Retail
E-commerce Expansion and More Consumer Options
E-commerce is changing how people buy online and the rise in sales of chilled and frozen goods creates a demand for cold chain infrastructures, such as efficient supply chains and refrigerated transportation. Instead of seeing e-commerce as a way to save money on expensive items like electronics,
Rising Needs from the Healthcare Sector
Market Segmentation
Market Players
Recent Developments
- The Indian government has introduced several programs to aid in the growth of the cold chain. As an instance, the Pradhan Mantri Kisan Sampada Yojana (PMKSY) program seeks to develop contemporary infrastructure with effective supply chain management beginning at the farm gate and ending at the retail outlet. The main goal of PMKSY is to improve returns for farmers while also giving the country's food processing industry a significant boost.
- One of the components of PMKSY, the Scheme for Integrated Cold Chain and Value Addition Infrastructure, is being implemented by the Ministry of Food Processing Industries (MFPI) to eliminate post-harvest losses of both horticultural and non-horticultural goods.
- Under the Scheme for Integrated Cold Chain & Value Addition Infrastructure, 461 cold storages were approved over the course of three years (2016–17 to 2018–19), with a total capacity of 1,948 thousand MT. Additionally, as of October 31, 2024-2032, 313 cold chain projects had been approved (under the MFPI), of which 133 projects are still in progress and 180 projects have been completed.
- The National Center for Cold Chain Development (NCCD) was established by the Indian government to support research and development in the cold chain industry while also assisting in the establishment of building standards through global benchmarking. Governments have launched several initiatives to support the cold chain sector. As per the statistics, the distribution of cold storage is highly uneven with the majority of the cold spaces located in Uttar Pradesh, Gujarat, Punjab, Maharashtra, and West Bengal.
- In September 2024-2032, IndoSpace began building specialized, GDP/GWP-compliant, temperature-controlled pharmaceutical distribution centers around the nation in conjunction with Kool-ex, a major provider of cold chain logistics services. Near Mumbai, Delhi, and Bangalore, IndoSpace and Koolex are developing and constructing three warehouses, each with 36,000 pallet locations. The largest independent temperature-controlled warehousing facility in India The warehouse in Khopoli, owned by IndoSpace is currently being built. Over the upcoming years, IndoSpace intends to construct about 10 such warehouses. In addition to creating the technology for temperature-controlled storage. IndoSpace parks offer a geographic advantage in the pharmaceutical industry. Owing to IndoSpace parks' advantageous locations, companies may reach 92% of the pharmaceutical production industry and 85% of the consumer market.
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Attribute |
Details |
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Base Year |
2022 |
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Historic Data |
2018– 2024-2032 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Million and CAGR for 2018-2022 and 2024-2028 |
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Report Coverage |
Revenue forecast, company share, growth factors, and trends |
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Segments Covered |
Service Type Application Temperature Type Technology |
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Country scope |
North Region, South Region, West Region, East Region |
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Key companies profiled |
Gati Kausar India Pvt Ltd, Snowman Logistics Pvt Ltd, ColdEX Limited, Stellar Value Chain Solutions Pvt Ltd, Future Supply Chain Solutions Limited, Schedulers Logistics India Pvt. Ltd, Gubba Cold Storage Pvt Ltd, Kailash Agro Cold Storage, Deccan Cold Storage I Pvt Ltd, Dev Bhumi Cold Chain Pvt Ltd. |
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Customization scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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