KSA Cold Chain Market Outlook to 2027F

Driven By Increase in Retail Spending, Government Initiatives and Infrastructural Development

Region:Middle East

Author(s):Ms. Akansha Bhushan

Product Code:KR1307

Download Sample Report download
Buy the Full ReportStarting from $4750
Published on

March 2023

Total pages

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.

By Type

  • Cold Storage
  • Cold Transport

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
Customize This Report for You
Need a Specific Data? Like: Pricing Analysis Competitor Analysis Benchmarking Data Business Planning
Customize Now!

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

 Contact Us

You can also purchase parts of this report.
Do you want to check out a section wise price list?
Get Price Break-up

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

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.

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.

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. 

Which sector contributes more revenue in the KSA Cold Chain Market?

The Cold Storage Sector contributes more revenue to the KSA Cold Chain Market.

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.

Why Buy From US?

RRR
Refine Robust Result (RRR) Framework

What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story

reach
Our Reach Is Unmatched

We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.

Research
Shifting the Research Paradigm

While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.

Insite
More Insights-Better Decisions

With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.

Trust
Transparency and Trust

Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.

support
Round the Clock Support

If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.

Why Client Choose Us?

400000+ Reports in repository
150+ Consulting project a year
100+ Analysts
8000+ Client Queries in 2022