What is the current size of Vietnam's Cold Chain Logistics Market?


Posted January 8, 2025 by IMARC-Group

Vietnam's Cold Chain Logistics Market is valued at approximately USD 2 billion in 2023 and is growing due to increasing demand for temperature-sensitive goods, including food, beverages, and pharmaceuticals, alongside advancements in infrastructure

 
Vietnam Cold Chain Logistics Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 10.89% (2024-2032)

The Vietnam Cold Chain Logistics Market is expanding rapidly, driven by rising demand for temperature-controlled storage and transport in the food and pharmaceutical sectors. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 10.89% from 2024 to 2032.

Dynamics of the Vietnam Cold Chain Logistics Market


The Vietnam cold chain logistics market is experiencing significant growth, owing to the rising demand across various sectors, including food, pharmaceuticals, and retail. Cold chain logistics, which involves the transportation and storage of temperature-sensitive goods, is crucial to ensuring product quality and safety.

As the country continues to urbanize and consumer preferences shift toward fresh and high-quality food products, the need for reliable and efficient cold chain infrastructure is becoming more prominent. Trends in the market include the increasing adoption of advanced technologies such as IoT (Internet of Things) and AI (artificial intelligence) to monitor and control temperature conditions, ensuring real-time tracking of goods. Additionally, there is a growing focus on sustainability, with logistics providers exploring energy-efficient refrigeration solutions and eco-friendly packaging to reduce environmental impact.

The Vietnam cold chain logistics market is primarily driven by rising demand for fresh and perishable food products. As the middle class of the country continues to expand and consumer preferences shift toward high-quality food, particularly fresh produce, dairy, and meat, the need for cold storage and transportation services has increased significantly. This demand is further supported by the growing popularity of online food delivery services and supermarkets offering a wider range of fresh and frozen food items.

With consumers seeking convenient, high-quality products, efficient cold chain logistics are crucial to meet these expectations. Moreover, the pharmaceutical industry is contributing to the market expansion. The need for temperature-controlled logistics is essential for the safe transport and storage of temperature-sensitive medicines, including vaccines, biologics, and other healthcare products. With increasing investments in healthcare infrastructure and the growing importance of pharmaceutical exports, there is a rising need for reliable cold-chain logistics services to ensure that these products maintain their efficacy and safety during transportation.

Another significant driver is the growth of e-commerce, particularly in the food and beverage sector. With the rise of online grocery shopping and food delivery services, consumers now expect fresh, temperature-sensitive goods to be delivered directly to their doorsteps. This shift in purchasing behavior is driving the demand for efficient and reliable cold chain logistics solutions, particularly in urban areas.

Vietnam Cold Chain Logistics Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Vietnam Cold Chain Logistics Market Size, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on service type, type, organization size, and end-use.

Type Insights:

Warehousing
Transportation
Railway
Airways
Roadways
Waterways


End User Insights:

Fruits and Vegetables
Bakery and Confectionary
Dairy and Frozen Desserts
Meat, Fish and Sea Food
Drugs and Pharmaceuticals
Others

Regional Insights:

Northern Vietnam
Central Vietnam
Southern Vietnam

For an in-depth analysis, you can refer sample copy of the report:

https://www.imarcgroup.com/vietnam-cold-chain-logistics-market/requestsample

Competitor Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Other key areas covered in the report:

COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Market Dynamics
Historical, Current, and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Top Winning Strategies
Recent Industry News
Key Technological Trends & Development

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Vietnam Electric Car Market

Vietnam E-Wallet Market

Vietnam Fintech Market 


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Issued By IMARC GROUP
Phone 6317911145
Business Address 134 N 4th St., Brooklyn, NY 11249, USA
Brooklyn, NY 11249, USA
Country United States
Categories Transportation
Tags vietnam , cold , chain , logistic , market
Last Updated January 8, 2025