South Korea Cold Chain Market Size & Outlook, 2023-2030
South Korea cold chain market, 2017-2030 (US$M)
Related Markets
South Korea cold chain market highlights
- The South Korea cold chain market generated a revenue of USD 5,275.1 million in 2023 and is expected to reach USD 19,102.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 20.2% from 2024 to 2030.
- In terms of segment, storage was the largest revenue generating type in 2023.
- Monitoring Components is the most lucrative type segment registering the fastest growth during the forecast period.
Cold chain market data book summary
| Market revenue in 2023 | USD 5,275.1 million |
| Market revenue in 2030 | USD 19,102.9 million |
| Growth rate | 20.2% (CAGR from 2023 to 2030) |
| Largest segment | Storage |
| Fastest growing segment | Monitoring Components |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Storage, Transportation, Packaging, Monitoring Components |
| Key market players worldwide | United States Cold Storage, Burris Logistics, Wabash National Corp, Newcold, Sonoco Products Co, United Parcel Service Inc Class B, A. P. Moller Maersk A/S ADR, Nichirei Corp, Tippmann Group / Interstate Warehousing / Tippmann Construction, Americold Realty Trust Inc, Lineage Logistics |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.9% of the global cold chain market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India cold chain market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 37,128.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cold Chain Market Scope
Cold Chain Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea cold chain market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cold chain market will help companies and investors design strategic landscapes.
Storage was the largest segment with a revenue share of 50.67% in 2023. Horizon Databook has segmented the South Korea cold chain market based on storage, transportation, packaging, monitoring components covering the revenue growth of each sub-segment from 2017 to 2030.
South Korea's cold chain industry is heavily influenced by the country's strong food export industry, which comprises a range of products, including seafood, fresh produce, and processed foods. South Korea's seafood industry has significantly benefited from the country's advanced cold chain infrastructure, which enables seafood to be transported from the country's coasts to other regions without compromising quality.
To complement the growth of the industry, the country witnesses a growing demand for cold chain logistics services.The country’s cold chain market also benefits from the growing demand for high-quality and safe food products in South Korea. The increasing concerns about the quality and safety of food products have led to significant demand for products that are fresh, free from contaminants, and transported at the correct temperature.
Reasons to subscribe to South Korea cold chain market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea cold chain market databook
-
Our clientele includes a mix of cold chain market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea cold chain market , including forecasts for subscribers. This country databook contains high-level insights into South Korea cold chain market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea cold chain market size, by type, 2017-2030 (US$M)
South Korea Cold Chain Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
