# Australia Cold Chain Market (2022-2027) --- ## Report Summary In-depth industry report on the Australia Cold Chain Market, which reached AUD 6,547.8 million in 2022, up from AUD 4,231.1 million in 2017, supported by strong demand and a 9.1% CAGR. --- ## Australia Cold Chain Market Table of Contents Table of Contents - 1. Executive Summary - 1.1. Executive Summary of Australia Cold Chain Market - 2. Country Overview of Australia - 2.1. Country Overview of Australia - 2.2. Import Scenario of Australia - 2.3. Export Scenario of Australia - 3. Infrastructure Analysis of Australia - 3.1. Overview of Australia Infrastructure - 3.2. Road Transport Overview - 3.3. Sea Transport Overview - 3.4. Air Transport Overview - 3.5. Rail Transport Overview - 4. Australia Cold Chain Market Overview and Genesis - 4.1. Australia Cold Chain Industry Supply Ecosystem - 4.2. Business Cycle and Genesis of Australia Cold Chain Market - 4.3. Timeline of Major Players - 4.4. Understanding Value Chain of Australia Cold Chain Industry - 4.5. Major Challenges in Australia Cold Chain Market Value Chain - 4.6. Existing Technologies in Australia Cold Chain Market - 5. Australia Cold Chain Market Segmentation - 5.1. Australia Cold Chain Market Size, 2017-2022 - 5.2. By Cold Storage and Cold Transport, 2017-2022 - 5.3. By End Users, 2022 - 6. Australia Cold Storage Market - 6.1. Australia Cold Storage Ecosystem - 6.2. Australia Cold Storage Market Size, 2017-2022 - 6.3. Australia Cold Storage Market Size by Price and Occupancy Rate (in %), 2017-2022 - 6.4. Australia Cold Storage Market Segmentation by Temperature range, 2022 - 6.5. Australia Cold Storage Market Segmentation by End Users, 2022 - 6.6. Australia Cold Storage Market Segmentation by Region, 2022 - 6.7. Cross Comparison of Major Cities in Australia Cold Storage Market - 7. Australia Cold Transport Market - 7.1. Australia Cold Transport Market Ecosystem - 7.2. Value Chain Analysis of Australia - 7.3. Challenges and Opportunities in Australia Cold transportation Market - 7.4. Australia Cold Transport Market Revenue, 2017-2022 - 7.5. Australia Cold Transport Market Segmentation by Type of Reefer Truck, 2022 - 7.6. Australia Cold Transport Market Segmentation by Mode of Transportation, 2022 - 7.7. Australia Cold Transport Market Segmentation by Location & Vicinity, 2022 - 7.8. Australia Cold Transport Market Segmentation by End Users, 2022 - 8. Australia Cold Chain Market Competition Landscape - 8.1. Market Positioning Analysis of Major Cold Chain Players in Australia - 8.2. Market Share of Major Cold Chain Players in Australia - 8.3. Cross Comparison of Australia Cold Chain Market Players - 8.4. Clientele Unique Selling prepositions and Future Strategies of Major Cold Chain Players in Australia - 8.5. Cross Comparison of Australia Cold Transport Market Players - 9. Australia Cold Chain Industry Analysis - 9.1. SWOT Analysis of Australia Cold Chain Market - 9.2. Growth drivers of Australia Cold Chain Market - 9.3. Recent Trends in the Australia Cold Chain Market - 9.4. Issues and Challenges in Australia Cold Chain Market - 9.5. Automation in Cold Storages of Australia - 9.6. Emerging Technological Advancements in the Australia Cold Chain Market - 9.7. Regulatory Landscape of Australia Cold Chain Market - 10. End User Analysis of Australia Cold Chain Market - 10.1. Key Temperature Controlled Products with different Shelf Lives - 10.2. In-Depth Analysis for Cold Storage in Australia - 10.3. Demand - Supply Gaps in the Australia Cold Chain Market - 10.4. Australia Meat and Seafood Market - 10.5. Australia Ready to Eat Meals Market - 10.6. Australia Dairy Products Market - 10.7. Australia Pharma Market - 11. Future Outlook of Australia Cold Chain Industry - 11.1. Future Market Sizing of Cold Chain Industry, 2027F - 11.2. Future Market Segmentation By Market Type, 2027F - 11.3. Future Market Segmentation By End User, 2027F - 12. Future Outlook of Australia Cold Storage Market - 12.1. Future Cold Storage Market Sizing - 12.2. Future Cold Storage Market Sizing Analysis - 12.3. Future Segmentation By Major Cities, 2027F - 12.4. Future Segmentation By End User and By Temperature, 2027F - 13. Future Outlook of Australia Cold Transport Market - 13.1. Australia Cold Transport Market Revenue, 2022-2027F - 13.2. Future Segmentation by Reefer Trucks and Mode of Transportation, 2027F - 13.3. Future Market Segmentation by Location & Vicinity, 2027F - 13.4. Future Segmentation by End User, 2027F - 14. Market Opportunities and Analyst Recommendation - 14.1. Recommendations to set up a Cold Chain Unit in Australia - 14.2. Stage of Developments in Australia Cold Chain Market - 14.3. Analyst Recommendation for Cold Chain Market - 14.4. Analyst Recommendations to the Government for Australia Cold Chain Market - 14.5. Analyst Recommendations to the Australia Cold Chain Companies for Australia Cold Chain Market - 15. Research Methodology - 15.1. Market Definitions and Assumptions - 15.2. Abbreviations - 15.3. Market Sizing Approach - 15.4. Consolidated Research Approach - 15.5. Sample Size Inclusion - 15.6. Limitation and Future Conclusion - 16. Disclaimer - 17. Contact Us --- ## Australia Cold Chain Market Overview Australia Cold Chain Market Highlights The Australia Cold Chain market generated revenue of AUD 6,547.8 million in 2022, growing at a rate of 8.0%. The market is further expected to reach AUD 10,705.0 million by 2027, registering a CAGR of 10.03% during 2022–2027. Within the overall market, the Australia cold storage segment reached AUD 2,647.8 million in 2022, recording a CAGR of 9.7% during the historical period of 2017–2022. Meanwhile, the cold transport segment achieved a value of AUD 3,900.0 million in 2022, exhibiting a CAGR of 8.8% over the same historical period. *The Australia Cold Chain market generated revenue of AUD 6,547.8 million in 2022, growing at a rate of 8.0%.* --- ## Australia Cold Chain Market Definitions ### Key Market Definition **Australia Cold Chain Market** The market size has been calculated from revenue generated by non-captive cold storage logistics companies in Australia offering a temperature range of +10C to -18C in all the accredited cold storage warehouses owned and operated by them. The revenue stream considered in cold storage includes leasing revenues, packaging, labeling, loading and unloading charges, temperature monitoring services and other support services offered by cold storage companies. **Australia Cold Transport Market** Australia cold transport market has been defined as the summation of revenues earned by non-captive cold transport companies offering a temperature range of +10C to -18C for products such as meat and seafood, fruits and vegetables, vaccines and pharmaceuticals, dairy, bakery and confectionary and several others to domestic and international market by land, sea and air cold transport. The revenue streams considered include freight forwarding, loading and unloading, distribution and last mile delivery services. ### Fundamental Definitions **Ambient Storage** This includes cold storage facilities that offer a temperature range of above +10C **Frozen Storage** This includes cold storage facilities that offer a temperature range of -18C or colder. It also included chillers which can be converted to freezers **Chiller Storage** This includes cold storage facilities that offer a temperature range of 1C to -10C only and are non-convertible to any other temperature range. These are not prevalent in Australia. **Captive/Owned Warehouses** These cold storage warehouses are owned and controlled by individual companies or conglomerates for their own use of storing products. The owned market has been defined as those transactions under which cold chain demand with cold chain logistic company is generated through direct end users (for instance meat and sea food processing co. approaching cold storage company). These transactions are not captured as a part of our market definition. **Non-Captive Warehouses** These cold storage warehouses are owned and controlled by logistics companies. They use them for renting out to customers requiring cold storage solutions. Cold storage companies get business from two prominent sources: intermediaries, which can be trading companies or consultants/contractors/3PL companies like DHL following an asset light model, and direct end users, which include meat and seafood processing companies. Transactions done with the former are termed as 3PL Transactions and with the latter are termed as Non-captive Transactions. --- ## Taxonomy | ID | Parent ID | Label | | --- | --- | --- | | 1 | | Australia Cold Chain Market | | 2 | 1 | Cold Storage | | 3 | 1 | Cold Transportation | | 4 | 1 | Cold Warehousing | | 5 | 1 | Temperature-Sensitive Products | | 6 | 1 | Refrigeration Systems | | 7 | 1 | Market Participants | | 8 | 1 | Retail and Distribution Channels | | 9 | 2 | Refrigerated Warehouses | | 10 | 2 | Cold Rooms | | 11 | 2 | Blast Freezers | | 12 | 2 | Refrigerated Containers | | 13 | 3 | Refrigerated Trucks | | 14 | 3 | Reefer Containers (Sea and Air) | | 15 | 3 | Refrigerated Rail Transport | | 16 | 4 | Temperature-Controlled Distribution Centers | | 17 | 4 | Cross-Docking Facilities | | 18 | 5 | Food and Beverages | | 19 | 5 | Pharmaceuticals and Biotechnology | | 20 | 5 | Chemicals | | 21 | 18 | Fresh Produce | | 22 | 18 | Dairy Products | | 23 | 18 | Meat and Seafood | | 24 | 18 | Processed Foods | | 25 | 19 | Vaccines | | 26 | 19 | Biologics | | 27 | 19 | Medications | | 28 | 20 | Hazardous Materials Requiring Temperature Control | | 29 | 6 | Compressor-based Systems | | 30 | 6 | Absorption Refrigeration | | 31 | 6 | Cryogenic Systems | | 32 | 7 | Cold Chain Logistics Providers | | 33 | 7 | Cold Storage Providers | | 34 | 32 | Third-Party Logistics (3PL) Companies | | 35 | 32 | Freight Forwarders | | 36 | 33 | Independent Cold Storage Companies | | 37 | 33 | Facilities Owned by Food Producers | | 38 | 8 | Supermarkets and Grocery Chains | | 39 | 8 | Online Grocery Platforms | | 40 | 38 | National and Regional Retailers | --- ## Australia Cold Chain Market Ecosystem ### Market Ecosystem **Ecosystem of Australia Cold Chain Market** The Australian cold chain market is highly fragmented and is home to 200-250 cold transportation & storage players. The market has been driven by growing e-commerce demand, augmenting the demand for consuming frozen fast-food products along with increasing meat and seafood consumption. --- ## Australia Cold Chain Market Size, 2017-2022 The Australia cold chain market grew from AUD 4,231.1 million in 2017 to AUD 6,547.8 million in 2022. The market saw continuous growth and expanded at a CAGR of 9.1% during 2017–2022. In 2019, the market witnessed the highest annual growth rate of 10.4% due to a sudden change in consumer preferences and dietary habits. The Australia cold chain market is driven by the increasing demand for temperature-sensitive goods, including perishable food products and other items. Consumer preferences for fresh and high-quality products, along with changing dietary habits, contribute to the growth of the market. *The Australia cold chain market grew from AUD 4,231.1 Mn in 2017 to AUD 6,547.8 Mn in 2022.* --- ## Australia Cold Chain Market Segmentation ### Australia Cold Chain Market Revenue by End Users, 2022 Out of all the major end-users in the Australia cold chain market, meat and seafood has contributed the highest revenue share of 43.8%, i.e., AUD 2,867.1 Mn. On the other hand, fruit and vegetables reported a revenue share of 23.0%, i.e., AUD 1,506.7 Mn. The pharmaceutical sector has witnessed revenue of AUD 1,112.4 Mn in 2022 and contributed a revenue share of 17.0% in the Australia cold chain market. The confectionary sector reported a revenue of AUD 641.5 Mn and contributed a revenue share of 9.85% to the Australia cold chain market. The leading meat products consumed in the country are beef and pork based. In 2021–22, the pork consumption per capita in Australia was about 28.1 kilograms per person, while 89.6 kilograms of meat per capita were consumed per person. The government, through the Pharmaceutical Benefits Scheme (PBS), is subsidizing the cost of prescription medicines, making them more affordable for patients. This commitment to healthcare spending supports the growth of the pharmaceutical market. ### Australia Cold Chain Market Segmentation by Cold Storage, and Cold Transport The cold transport segment accounted for the greater share in the overall cold chain market during 2022, amounting to AUD 3,900.0 Mn in 2022. The cold transport segment saw a substantial increase in revenue with AUD 3,900 Mn in 2022 as compared to AUD 2,563.1 Mn in 2017. On the other hand, the cold storage segment also reported a revenue of AUD 2,647.8 Mn in 2022 as compared to AUD 1,668.0 Mn in 2017. The numbers show quite an amazing growth in revenues for both segments altogether. There has been an increase in the share of the cold transport market due to the growing demand for cold storage requirements, especially by fast food restaurants for products such as meat and seafood, which has also greatly contributed to the high market share. Factors such as changing consumer preferences, increasing perishable product volumes, and the expansion of e-commerce are driving the need for efficient cold transport services. ### Australia Cold Storage Market Segmentation by Temperature Range, 2022 The Australia Cold Storage market is dominated by freezer (45%) and chillers (40%) owing to rising meat and seafood imports and consumption in the country, while ambient temperature stands at 15%. The market size of meat and seafood in Australia is worth AUD 35 billion and is expected to grow at a CAGR of 2.5% from 2022 to 2027. The food and beverage industry in Australia is expanding, with a focus on fresh and high-quality products. Cold storage facilities play a crucial role in preserving the freshness, quality, and safety of perishable food items throughout the supply chain. As the food industry grows, the demand for cold storage services will increase accordingly. ### Australia Cold Storage Market Segmentation by End Users, 2022 The Australia Cold Storage market is dominated by freezer (45%) and chillers (40%) owing to rising meat and seafood imports and consumption in the country, while ambient temperature stands at 15%. The market size of meat and seafood in Australia is worth AUD 35 billion and is expected to grow at a CAGR of 2.5% from 2022 to 2027. The food and beverage industry in Australia is expanding, with a focus on fresh and high-quality products. Cold storage facilities play a crucial role in preserving the freshness, quality, and safety of perishable food items throughout the supply chain. As the food industry grows, the demand for cold storage services will increase accordingly. --- ## Australia Cold Chain Market Industry Analysis ### SWOT Analysis of Australia Cold Chain Market **Opportunity:** The adoption of advanced technologies such as IoT sensors, real-time monitoring systems, and data analytics presents opportunities to improve efficiency, reduce waste, and enhance supply chain visibility within the cold chain market. The rapid growth of e-commerce and online grocery shopping offers opportunities for cold chain providers to cater to the increasing demand for home delivery of perishable goods. **Strength:** Australia has a robust agricultural sector that produces a diverse range of perishable goods, including fruits, vegetables, dairy products, and meat. This provides a solid foundation for the cold chain industry as it requires temperature-controlled handling and distribution. The country has a strong tradition of agricultural production, and the market is expected to grow to a volume of US$ 40.1 by 2028. **Threat:** The industry is subject to stringent regulations. Failure to comply with these regulations can result in penalties, damage to reputation, and legal consequences. The industry is competitive; intense competition can lead to price pressures and the need for continuous innovation to stay ahead. **Weakness:** Dispersed population presents logistical challenges in managing an extensive cold chain network. Remote and regional areas have limited access to cold storage facilities and face higher transportation costs. Seasonal fluctuations in harvests and consumer demand pose challenges in managing capacity and resource allocation within the cold chain market. ### Growth Driver of Australia Cold Chain Market **Increasing Demand for Perishable Goods** The growing population, changing consumer preferences, and urbanization are driving the demand for perishable goods, including fresh produce, dairy products, meat, seafood, and processed foods. The cold chain industry plays a crucial role in ensuring the safe and efficient storage and transport of these products. **Evolving Consumer Behavior and E-commerce** The rise of e-commerce, online grocery shopping, and home delivery services has increased the demand for efficient cold chain logistics. Consumers now expect convenience, quality, and freshness, which necessitates robust temperature-controlled supply chains to ensure product integrity during transportation and last-mile delivery. **Globalization of Food Supply Chains** The globalization of food supply chains has led to an increased need for efficient cold chain logistics to transport and distribute perishable goods across borders. Australia’s export-oriented agricultural sector, along with its favorable geographic location for international trade, drives the growth of the cold chain market. **Technological Advancements** Advances in technology, such as IoT-enabled temperature monitoring systems, real-time tracking, and data analytics, have revolutionized the cold chain industry. These innovations improve supply chain visibility, enhance traceability, optimize inventory management, and reduce waste, driving the growth of the cold chain market. ### Australia Cold Chain Market Challenges **Cost Efficiency with Technology Adoption** The adoption of emerging technologies, such as artificial intelligence, robotics, and automation, is challenging due to the initial investment costs and integration complexities. **Product Integrity During Last-Mile Delivery** Maintaining product integrity during the final stage of delivery, known as the "last mile," is challenging. Ensuring temperature control, avoiding delays, and minimizing handling risks are crucial. **Compliance with Regulations** The cold chain industry in Australia is subject to strict regulations and standards to ensure food safety, quality, and integrity. Complying with these regulations can be complex and time-consuming. **Infrastructure and Transportation** Australia’s vast size and dispersed population pose challenges in terms of cold chain infrastructure and transportation. Maintaining the required temperature conditions throughout the supply chain, especially in remote areas, can be difficult. --- ## Company Profile for Australia Cold Chain Market | Year | Company | Description | | --- | --- | --- | | 1968 | AMERICOLD | Americold is the largest cold storage company in the world, with over 1,700 facilities in North America, Europe, Asia, and South America. It has grown to become a leader in the cold chain industry. | | 1986 | NEWCOLD | Newcold is a leading provider of cold chain solutions, with over 200 facilities in 20 countries, and it has a strong focus on innovation. | | 1989 | KARRAS COLD LOGISTICS | Karras Cold Logistics is a leading provider of cold storage and distribution services in Australia. The company has a strong track record of customer service. | | 1994 | AUSCOLD | Auscold Logistics has a strong network of facilities across the country, and it is able to offer its customers a wide range of services. | | 1997 | CHILLFREEZE LOGISTICS | ChillFreeze Logistics & Storage has a strong focus on food safety, and it is committed to providing its customers with the highest quality of service. | --- ## Future Outlook of Australia Cold Chain Market, 2022-2027 ### Future Market Size of Australia Cold Chain Market, 2022-2027 The Australian cold chain market is expected to grow from AUD 6,947 Mn in 2022 to AUD 10,705.0 Mn in 2027, at a compound annual growth rate (CAGR) of 10.9%. The market is driven by a number of factors, including growing demand for perishable goods, rising disposable incomes, and increasing urbanization. The market is expected to continue to grow in the coming years, driven by factors such as the growing e-commerce market, as the e-commerce market in Australia is growing rapidly and driving demand for cold chain services to deliver fresh and frozen products to consumers. Increasing government investment in cold chain infrastructure is also contributing, as the Australian government is investing heavily in cold chain infrastructure to support the growth of the agricultural sector and improve food security. Technological advancements in the cold chain industry are making cold chain services more efficient and cost-effective, and this is expected to boost the growth of the market in the coming years. ### Future Market Size of Australia Cold Transport Market, 2022-2027 The Australia cold transport market is expected to reach a market size of AUD 6,099.9 Mn in 2027 from a market size of AUD 3,900 Mn in 2022. The market is expected to witness a CAGR of 9.4% during the forecast period 2022–2027. The year 2027 is expected to witness a major annual growth of 10.1%, which is the highest among other years during the forecast period. The agricultural industry is a major user of cold transport, and the growth of the agricultural industry is driving the demand for cold transport solutions to store and deliver fresh produce. In 2020–21, the agricultural sector contributed $68.9 billion to Australia’s GDP, or 3.2% of total GDP. One of the leading companies is investing $50 million in the development of a new cold chain transportation network. The network will use refrigerated trucks to transport fresh produce and other temperature-sensitive products. --- ## Australia Cold Chain Market Macroeconomic Indicators ### GDP and Inflation Rate in Australia, 2017-2022 The GDP of Australia grew from USD 1,428.5 Bn to USD 1,450.0 Bn in 2022. The country saw the highest GDP USD 1,553.0 Bn and inflation rate of 2.9% in the year 2021. ### Population of Australia in 2022 The above figure showcases the population of Australia in 2022 which was 25.9 Mn. ### Import Scenario in Australia The value of imports in Australia have increased from AUD 387.0 Bn in 2018 to AUD 513.2 Bn in 2022 at a CAGR of 5.8%. China, United States of America, Japan, Thailand, and Germany make up 50% of Australia’s total international trade in imports. China continued to be Australia's largest import partner and accounted for 19.4% of services imports in FY22. China is a major supplier of Australian refined petroleum, cars, and delivery trucks. ### Import Scenario in Australia China continued to be the major exporter and importer of Australia with Iron Ore as the major commodity of export with 29% of total exports in 2022. The value of Export in Australia reached AUD 513.2 Bn in 2022 from AUD 312.4 Bn in 2018. China, Japan, Korea, India and United States of America make up 64% of Australia’s total international trade in exports. China remained Australia's largest export partner and accounted for 14% of services exports (down from 17% in 2020-21). Total service exports to China decreased in 2021-22, driven by Education-related travel.