KSA Cold Chain Market Outlook to 2027F
Driven By Increase in Retail Spending, Government Initiatives and Infrastructural Development
March 2023
133
About the Report
About the Report
The report provides a comprehensive analysis of the potential of the Cold Chain Industry in KSA. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
Its market segmentation includes by end user, by ownership and by type, i.e. cold storage – by temperature range, by automation, by end user & by major cities and cold transport – by type of truck, by mode of transportation, by location, by vicinity & by end user; growth enablers and drivers, challenges and bottlenecks, trends driving digital adoption; regulatory framework; industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the KSA Cold Chain Market – which grew at a CAGR of 10.5% in the period of 2017-2022P – is expected to grow at a CAGR of 15.1% in the forecasted period of 2022P-2027F, owing to the change in lifestyle and urbanization, rising domestic consumption of processed food.
- The market is led by Mosanda Logistics and Agility; having the major share of the market. Other players include Etmam Logistics, Almajdouie Logistics, United Warehouse Company, Wared Logistics, Mosanada Logistics, and others.
- As the demand for transporting refrigerated products is increasing, so will the demand for value-added services such as repackaging and consolidation, which increases the demand for 3PLs in the country. In addition, a 3PL can offer customized warehouses based on customer needs.
Key Trends by Market Segment:
By Ownership: Majority of the companies have started outsourcing their transportation especially post COVID owing to high transportation and fuel cost. It helps the companies to reduce their cost and focus on main business efficiently. For instance, Igloo Supply Chain initially had their own reefer vans but post COVID, they have started to outsource their transportation since it is cost effective.
By Cold Storage and Cold Transport: The cold storage segment accounted for the greater share in the overall cold chain market during 2022P, reaching 62.1% in the same year. This increase in the share of cold storage market has been perceived on the grounds of increasing investments by the government on infrastructure development in the country under its Vision 2030. The growing demand for cold storage requirements especially by fast food restaurants for products such as meat and seafood has also greatly contributed in the high market share.
Competitive Landscape
In the KSA Cold Chain Market, there are about 100+ players operating in the overall market, and top 2 players accounted ~29.7% share in the market in terms of revenue. The major parameters on which these players compete includes Fleet Size, Cold transport services and Total Pallet Positions, No. of Cold Storage Warehouses Product and Services and others.
Future Outlook
The KSA Cold Chain Market is projected to show a growth of CAGR 15.1% in the forecasted period of 2022P-2027F, owing to the rising domestic consumption of meat, increasing seafood exports, rising retail spending, growth of dairy industry, changing lifestyle and societal norms, increasing pharmaceutical imports, rising hygiene and safety concerns and infrastructure development.
Scope Of The Report
Scope of the Report
Its market segmentation includes by end user, by ownership and by type, i.e. cold storage – by temperature range, by automation, by end user & by major cities and cold transport – by type of truck, by mode of transportation, by location, by vicinity & by end user.
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By Type |
Cold Storage Cold Transport |
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By Ownership |
Owned 3PL Companies |
|
By End User |
Meat and Seafood Vaccination and Pharmaceuticals Frozen Food Bakery Dairy Products Fruits, Vegetables and Others |
|
Cold Storage Market |
|
|
By Temperature Range |
Frozen Chillers Ambient |
|
By Automation |
Automated Pallets Non-Automated Pallets |
|
By End User |
Meat and Seafood Vaccination and Pharmaceuticals Frozen Food Bakery Dairy Products Fruits, Vegetables and Others |
|
By Major Cities |
Riyadh Jeddah Dammam Mecca Medina Others |
|
Cold Transport Market |
|
|
By Type of Truck
|
Reefer Vans/Trucks 20 foot reefers 40 foot reefers and others |
|
By Mode of Transportation |
Land Sea Air |
|
By Location |
Domestic International |
|
By Vicinity |
Inter-city Intra-city |
|
By End User |
Meat and Seafood Vaccination and Pharmaceuticals Frozen Food Bakery Dairy Products Fruits, Vegetables and Others |
Products
Products
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Cold Storage Companies
- Cold Chain Companies
- Cold Transport Companies
- Captive Cold Storage Companies
- Captive Cold Chain Companies
- Logistics Companies
- Non-captive Companies
- Cold Chain Associations
- Logistics Associations
- Private Equity Firms
- Venture Capitalists
Time Period Captured in the Report
- Historical Period: 2017-2022P
- Base Year: 2022P
- Forecast Period: 2022P-2027F
Companies
Major Players Mentioned in the Report
- COLD STORES GROUP OF Saudi Arabia
- Agility Logistics
- Wared Logistics
- NAQEL Express
- Almajdouie Logistics
- Mosanada Logistics
- Agility Logistics
- Takhzeen Logistics
- Etmam Logistics
- Tamer Logistics
- United Warehouse Company
- Himmah Logistics
- Globus Logistics
- Storkom Logistics
- Four Winds
- Flow Progressive
- Sasat Logistics
- Al Theyab Global Logistics
- IFFCO Logistics
- RTL Racktech
Table of Contents
Table of Contents
Executive Summary
1.1. Executive Summary of KSA Cold Chain Market
2. KSA- Country Overview, 2022
2.1 KSA Country Demographics, 2022
2.2 Saudi Arabia Population Analysis, 2022
3. Infrastructural Analysis of KSA
3.1 KSA Global Competitiveness Ranking, 2021
3.2 Infrastructure Overview of KSA
3.3 Road Transport Overview
3.4 Rail Network Overview
3.5 Air Transport Overview
3.6 Sea Transport Overview
3.7 Regional Analysis of Major Cities in KSA
4. KSA Cold Chain Market Overview and Genesis
4.1 KSA Cold Chain Market Ecosystem
4.2 Business Cycle and Genesis of KSA Cold Chain Market
4.3 Value Chain Analysis of KSA Cold Chain Market
4.4 Understanding Value Chain of KSA Cold Chain Market
4.5 Major Challenges in KSA Cold Chain Market Value Chain
4.6 Existing Technologies in KSA Cold Chain Market
5. KSA Cold Chain Market Sizing and Segmentation, 2017-2022P
5.1 KSA Cold Chain Market Sizing Analysis, 2017-2022P
5.2 KSA Cold Chain Market Segmentation by Cold Storage and Cold Transport, 2017-2022P
5.3 By Ownership, 2022P
5.4 By End Users, 2022P
6. KSA Cold Storage Market
6.1 Overview of KSA Cold Storage Market
6.2 KSA Cold Storage Market Sizing Analysis, 2017-2022P
6.3 KSA Cold Storage Market Size by Price and Occupancy Rate (in %), 2017-2022P
6.4 KSA Cold Storage Market Segmentation by Automation (By Pallets), 2022P
6.5 KSA Cold Storage Market Segmentation by Temperature Range, 2022P
6.6 KSA Cold Storage Market Segmentation by End Users, 2022P
6.7 KSA Cold Storage Market Segmentation by Region, 2022P
6.8 Factors Determining Cold Storage Design In KSA
7. KSA Cold Transport Market Overview
7.1 Overview of KSA Cold Transportation Industry
7.2 Challenges and Opportunities in KSA Cold transportation Market
7.3 KSA Cold Transport Market Revenue, 2017-2022P
7.4 KSA Cold Transport Market Segmentation by Type of Reefer Truck, 2022P
7.5 KSA Cold Transport Market Segmentation by Mode of Transportation, 2022P
7.6 KSA Cold Transport Market Segmentation by Location, 2022P
7.7 KSA Cold Transport Market Segmentation by Vicinity, 2022P
7.8 KSA Cold Transport Market Segmentation by End Users, 2022P
8. KSA Cold Chain Industry Analysis
8.1 PESTEL Analysis
8.2 Decision Making Process For KSA Cold Chain Market
8.3 SWOT Analysis of KSA Cold Chain Market
8.4 Growth drivers of KSA Cold Chain Market
8.5 Porter’s 5 Analysis of KSA Cold Chain Market
8.6 Recent Trends in KSA Cold Chain Market
8.7 Issues & Challenges in KSA Cold Chain Market
8.8 Major Possible Solutions to the Challenges faced in KSA Cold Chain Market
8.9 Regulatory Bodies in KSA Cold Chain Market
8.10 Government Rules and Regulations for Products in KSA
8.11 Saudi Vision 2030: Nine-Point Logistics Transformation Strategy
8.12 Decision Making Parameter for selecting Logistics Vendor
9. Technological Trends in KSA Cold Chain Market
9.1 Cold Chain Technology Ecosystem
9.2 Modern Warehousing Technology Ecosystem in KSA Cold Chain Market
9.3 Emerging Technologies in KSA Cold Chain Market
9.4 Snapshot on Radio Frequency Identification (RFID) Technology Used in Cold Chain Market
10. KSA Cold Chain Market Competition Landscape
10.1 Market Share of Major Cold Chain Players in KSA
10.2 Competition Stage in KSA Cold Chain Market
10.3 Cross Comparison of KSA Cold Chain Market Players
11. End User Analysis of KSA Cold Chain Market
11.1 Key Temperature Controlled Products with different Shelf Lives
11.2 In-Depth Analysis for Cold Storage in KSA
11.3 KSA Fresh and Processed Meat and Fish and Seafood Market, 2022P-2027F
11.4 KSA Meat and Seafood Industry Market Trends and Consumer Preferences
11.5 KSA Milk Market, 2022P-2027F
11.6 KSA Pharmaceutical Products Market, 2022P-2027F
12. Future Outlook of KSA Cold Chain Industry
12.1Future Trends in KSA Cold Chain Market
12.2Future Market Sizing of KSA Cold Chain Industry, 2027F
12.3 Future Market Segmentation of KSA Cold Chain Market By Market Type, 2027F
12.4 Future Market Segmentation of KSA Cold Chain Market By Ownership, 2027F
12.5Future Market Segmentation By End User, 2027F
13. Future Outlook of KSA Cold Storage Market
13.1Future Cold Storage Market Sizing Analysis, 2022P-2027F
13.2 Future Segmentation By Automation, 2027F
13.3 Future Segmentation By Major Cities, 2027F
13.4 Future Segmentation By End User, 2027F
13.5 Future Segmentation By Temperature, 2027F
14. Future Outlook of KSA Cold Transport Market
14.1 KSA Cold Transport Market Revenue, 2022P-2027F
14.2 Future Segmentation By Reefer Trucks, 2027F
14.3 Future Segmentation By Mode of Transportation, 2027F
14.4 Future Market Segmentation By Location, 2027F
14.5 Future Market Segmentation By Vicinity, 2027F
14.6 Future Market Segmentation By End User, 2027F
15. Investment Opportunity in Controlled Room Temperature in KSA
15.1Opportunity Description For Controlled Room Temperature in KSA
16. Analyst Recommendation
16.1 Ansoff’s Matrix For KSA Cold Chain Market
16.2 Cluster Analysis: KSA Cold Chain Market
16.3 Policy Implications
16.4 Recommendations to set up a Cold Chain Unit in KSA
16.5 Analyst Recommendations
17. Research Methodology
17.1Market Definitions and Assumptions
17.2 Abbreviations
17.3 Market Sizing Approach
17.4 Pearson Correlation Matrix
17.5 Consolidated Research Approach
17.6 Sample Size Inclusion
17.7 Limitation and Future Conclusion
Disclaimer
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Research Methodology
Research Methodology
Step 1 (Hypothesis Creation):
The research team had first framed a hypothesis about the market through analysis of existing industry factors, obtained from company reports and from magazines, journals, online articles, ministries, government associations and data from General Authority of Statistics, Ministry of Environment, Water and Agriculture, International Monetary Fund (IMF), World Bank and others. We have used both public and proprietary databases to define each market and collect data points about the same.
Step 2 (Hypothesis Testing):
The research team had then conducted CATI (Computer Assisted Telephonic Interviews) with several industry veterans including decision makers from Mosanada Logistics , Agility logistics , Etmam Logistics and others in the ecosystem to get their insight on the market onboard and to seek justification to the hypothesis framed by the team.
Step 3 (Future Forecasting via Poll Opinions and Statistical Tools):
Multi-Factor regression and scenario analysis was conducted on the lag variables i.e. on the historical market size of the industry by identifying the independent and quantifiable variables directly impacting the market. The forecasting was done by using SPSS statistical tools. The variables were checked for multi-co linearity and other bias that could be there in the model. The conclusion from the regression was then double checked by conducting poll opinions.
Step 4 (Interpretation and Proofreading):
The final analysis was then interpreted in the research report by our expert team well versed with the cold chain industry.
Frequently Asked Questions
Frequently Asked Questions
01 What is the Study Period of this Market Report?
The KSA Cold Chain Market is covered from 2017–2027F in this report, including a forecast for 2022P-2027F.
02 What are the Key Factors Driving the KSA Cold Chain Market?
Rising domestic consumption of meat, increasing seafood exports, rising retail spending, growth of dairy industry, increasing pharmaceutical imports and infrastructure development are the factors likely to fuel the growth in the KSA Cold Chain Market.
03 What was the growth rate of KSA Cold Chain Market in the period of 2017-2022P?
The KSA Cold Chain Market saw a growth of CAGR of 10.5% in the period of 2017-2022P.
04 Which sector contributes more revenue in the KSA Cold Chain Market?
The Cold Storage Sector contributes more revenue to the KSA Cold Chain Market.
05 Who are the Key Players in the KSA Cold Chain Market?
COLD STORES GROUP OF Saudi Arabia, Agility Logistics,Wared Logistics, NAQEL Express, Almajdouie Logistics and others.
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