July 16, 2023
3 min

Asia-Pacific Cold Chain Logistics Market Revenues to Reach USD 215.43 billion by 2028 - Market Size, Share, Forecasts, & Trends Analysis Report by Mordor Intelligence - Yahoo Finance

The Asia-Pacific cold chain logistics market is estimated to be worth USD 142.71 billion in 2023, with a projected CAGR of 8.58% during the forecast period. Japan is a mature market for cold chain logistics, preferred by customers in various industries. The market is highly fragmented, with both local and global players meeting the increasing demand. The rise in demand for refrigerated warehouses is driven by the growing need for ideal preservation conditions for temperature-sensitive products. Recent developments include UPS expanding its Premier service and a partnership agreement signed by DENSO Sales, Toyota Tsusho Thailand, and SCG Logistics in Thailand.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry