According to the 2022 Southeast Asia Digital Economy Report, the GMV of Southeast Asia’s e-commerce industry jumped from US$10.9 billion to US$131 billion from 2017-2022, with a CAGR of 64% from 2017-2022.

Research Report on Southeast Asia Express Delivery Industry 2023-2032

What is the Southeast Asia express delivery industry?

A: The Southeast Asia express delivery industry refers to the transportation of packages and parcels within the Southeast Asia region, including countries such as Indonesia, Thailand, Malaysia, and the Philippines.

What is the market size of the Southeast Asia express delivery industry?

A: According to a report by CRI, the Southeast Asia express delivery industry was valued at USD 9.3 billion in 2019 and is projected to reach USD 27.2 billion by 2025, growing at a CAGR of 18.9% during the forecast period.

What factors are driving the growth of the Southeast Asia express delivery industry?

A: The growth of e-commerce, rising disposable incomes, and increasing demand for same-day or next-day delivery services are some of the major factors driving the growth of the Southeast Asia express delivery industry.

Which companies are the major players in the Southeast Asia express delivery industry?

A: Major players in the Southeast Asia express delivery industry include SF Express, DHL, UPS, FedEx, and TNT.

What challenges does the Southeast Asia express delivery industry face?

A: Some of the major challenges faced by the Southeast Asia express delivery industry include poor infrastructure, regulatory issues, and a lack of skilled labor.

What is the impact of COVID-19 on the Southeast Asia express delivery industry?

A: The COVID-19 pandemic has led to a surge in demand for e-commerce and home delivery services, which has in turn driven the growth of the Southeast Asia express delivery industry.

Which countries in Southeast Asia are the fastest growing markets for the express delivery industry?

A: Indonesia, Vietnam, and the Philippines are some of the fastest growing markets for the express delivery industry in Southeast Asia.

What are the different types of express delivery services offered in Southeast Asia?

A: Some of the different types of express delivery services offered in Southeast Asia include same-day delivery, next-day delivery, international delivery, and courier services.

How are companies in the Southeast Asia express delivery industry investing in technology?

A: Companies in the Southeast Asia express delivery industry are investing in technology such as drones, autonomous delivery vehicles, and artificial intelligence to improve efficiency and reduce delivery times.

What is the outlook for the Southeast Asia express delivery industry in the coming years?

A: The Southeast Asia express delivery industry is expected to continue growing at a rapid pace in the coming years, driven by the growth of e-commerce and increasing demand for fast and reliable delivery services.

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The global railway cybersecurity market is expected to exhibit a CAGR of over 8.6% to reach a value of around USD 13.90 billion by the end of the forecast period of 2021-2030.

Railway systems are generally considered safe regarding cyber attacks as they rely on proprietary, segregated networks and follow specific protocols for management, communication, and signaling. Nowadays, rail systems are more and more connected and open. IT security is evolving in railway applications at a higher pace, including networks, signaling, communication, and train control systems. Cyberattacks can create less impact if the rail manufacturers, operators, and system integrators follow the security measures.

Increased need for smart mobility solutions and services fueling the growth of the railway cybersecurity market. Customers are expecting uninterrupted internet connection not only to plan and book their journeys but also to work and entertain themselves during the journeys. These advanced systems are solutions that are prone to cyberattacks.

Hydraulic Workover Unit Market: Market Segments: By Service (Workover & Snubbing); By Installation (Skid Mounted & Trailer Mounted); By Application (Onshore and Offshore); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030

Regulatory Framework

Below is the list of cybersecurity standards used in the railway sector across countries.

ISA/IEC 62443 series of standards offers a flexible framework to address and mitigate security vulnerabilities in industrial automation and control systems (IACSs). These standards provide the technical requirement for cybersecurity components to make IACS.

General

62443-1-1: Defines technical specification, concepts, and models.

• • Policies and procedures

62443-2-1: The standard defines the elements necessary to establish a cyber security management system (CSMS).

62443-2-3: Describes the Patch management in the IACS environment

62443-2-4: Describes requirements of security capabilities for IACS service providers.

• • System

62443-3-1: It describes the various categories of control system-centric cybersecurity technologies for IACS environments.

62443-3-2: It defines security risk assessment for system design

62443-3‑3:  It describes system security requirements and security levels

• • Components and requirements

62443-4‑1: It describes process requirements for the secure product development life cycle.

62443-4‑2: This standard provides the detailed technical security requirements for IACS components

Impact of Coronavirus Outbreak

The COVID-19 outbreak halted passengers’ mobility and significantly affected the railway sector. During this period, most railway component manufacturers suspended their production owing to the decline in demand. The delay in allocating R&D budgets on new rail initiatives significantly affected the adoption of railway cybersecurity solutions.   

During the epidemic, railway transport showed remarkable resilience. This allows railway transport to turn this crisis into an opportunity by taking advantage of its comparative advantages.

Segmentation

By Security Type

Based on security type, the global railway cybersecurity market has been segmented into network security, application security, data protection, endpoint security, and system administration.

The network security segment is expected to lead the railway cybersecurity market for during the forecast period.Digital transformation in railways helps rail operators increase operational efficiency, rail safety, reliability, and an enhanced passenger experience. The digitalization of the systems is prone to cyberattacks. Robust network security solutions enable railways to continuously protect the rail infrastructure and mitigate cyber risk by leveraging advanced technologies.

By Region

North America: Regional growth for railway cybersecurity in North America is driven by increased demand for robust cyber security solutions and services to safeguard the critical railway’s infrastructure from cyber threats.

Asia-Pacific: increased urbanization and rapid population growth result in the development of rail networks and accelerating the growth of the railway cybersecurity market.  Key players in the APAC region include Hitachi Ltd., Huawei, Toshiba, and Tech Mahindra Ltd.

Europe: Europe contributes to the major share of the global railway cybersecurity market.  The market growth in this region is due to the increased demand for advanced technologies, leading to increased comfort levels of passengers and reducing intercity travel time.

Competitor Analysis

Some of the key players operating in the global railway cybersecurity market include Thales Group (France), Siemens AG (Germany), Alstom (France), Wabtec Corporation (US), Hitachi, Ltd. (Japan), Nokia Networks (Finland), IBM (US), Cisco Systems, Inc. (US), Raytheon Technologies Corporation (US), Huawei Technologies Co., Ltd. (China), and Toshiba Corporation (Japan)

The key players are engaged in strategic initiatives such as product launches, mergers,and acquisitions. For instance, in August 2021, Hitachi Rail entered into an agreement with Thales to acquire its Ground Transportation Systems business. Moreover, in March 2021, Thales launched DIVA (Distributed Intelligent Video Analytics) system to monitor passenger density and support social distancing in stations and onboard trains.

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The post Increased Adoption of Smart Mobility Solutions In Railways Across The Globle Is Expected To Boost The Demand For Railway cybersecurity Market During The Forecast Period 2030 first appeared on CRI Report.

The market report on global Smart and Intelligent Packaging market includes in-depth insights as:

• The estimated value of the market was USD 18.01 billion in the year 2020.
• Region wise, the market in North America which held the largest market share in the year 2020, emerged as a key market for Smart and Intelligent Packaging Market.
• Based on technology, Intelligent packaging emerged as a key segment in the global Smart and Intelligent Packaging Market.
• Based on End-User vertical, food and beverage segment emerged as a key segment in the global Smart and Intelligent Packaging market.
• Key players are likely to focus on product innovations and expansion through merger to retain their positions in developed markets.

“Increased demand for food items such as frozen food and packaged food has come from a growing sophisticated population combined with changing and busy lives in which people prefer to eat ready-to-eat commercial meals which utilize smart and intelligent packaging. Increasing health awareness and Increasing demand for exotic fruits and vegetables, frozen items, and meat across different nations have all contributed to the market’s favorable expansion.”, according to this report

The demand for packaged, frozen, and ready-to-eat food has increased significantly in recent years as a result of changing urban lifestyles and worldwide population patterns. The packaging business has been concentrating on developing solutions that give maximum food security while retaining nutritional content at competitive rates, since supply of exotic fruits and vegetables, meat products, and frozen meals has crossed global boundaries. Packaging systems utilized with foods, medicines, and a variety of other items are referred to as intelligent packaging or smart packaging. It aids in the extension of shelf life, the monitoring of freshness, the presentation of quality information, the improvement of safety, and the improvement of convenience. smart packaging protects the product from the material while the Intelligent systems offer more information on the cover in electronic or non-electronic formats

Global Smart and Intelligent Packaging market is segmented by technology into Smart packaging and Intelligent packaging. Intelligent packaging is the most recent innovation in the packaging industry. In the food industry, this technology is advancing at a quicker rate, with great potential to enhance customer convenience. The condition of the outer packaging may be reported, and the quality of the product within the box can be immediately measured. Biosensors for pathogen or hazardous identification, which is a major problem in the food and intelligent packaging industries, are assisting in this by attaching antibodies to a plastic attaching surface, which may offer customers a false sense of security. The use of printed electronics for intelligent packaging and smart labelling is becoming more popular. Printed electronics is one of the key components of the intelligent packaging revolution, and it has the potential to be a game-changing technology for cost reduction and capability expansion. Technological advancements are fueling the demand for intelligent packaging.

Key Players in the Market

• Some of the key players operating in the global Smart and Intelligent Packaging market are BASF SE, Amcor Ltd., Ball Corp., Graham Packaging Company Inc., Landec Corp., Mitsubishi Gas Chemical, Sealed Air Corp., SYSCO Corp., Timestrip, PLC, VIP Packaging.

Get Valuable Insights into Global Smart and Intelligent Packaging Market

In the new report, CRI Report thrives to present an unbiased analysis of the global Smart and Intelligent Packaging market that covers the historical demand data as well as the forecast figures for the period, i.e., 2020-2030. The study includes compelling insights into growth that is witnessed in the market. The market is segmented by Technology into Smart packaging, Intelligent packaging. By End-User Vertical into Food, Beverage, Healthcare, Personal Care, Other End-user Verticals. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa.

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The post Global Smart and Intelligent Packaging Market to Surge at 7.89% CAGR, which is anticipated to reach USD 30.5 billion by 2030. first appeared on CRI Report.

The market report on global Medical Packaging Paper market includes in-depth insights as:

• The estimated value of the market was USD 26.35 billion in the year 2020.
• Region-wise, the market in North America which held the largest market share in the year 2020, emerged as a key market for Medical Packaging Paper market.
• Based on Packaging types, Pouches and bags emerged as a key segment in the global Medical Packaging Paper market.
• Based on End-User, the Pharmaceutical manufacturing segment emerged as a key segment in the global Medical Packaging Paper market.
• Key players are likely to focus on product innovations and expansion through mergers to retain their positions in developed markets.

“The rising prevalence of chronic illnesses such as hypertension, diabetes, and cancer would boost the medical packaging market’s growth. In addition, technological advances in the medical and healthcare industries, such as the use of IoT devices, will boost market growth. The global medical packaging industry will benefit from rising concerns about providing better services to consumers and government efforts.”, according to this report

Paper packaging materials have a number of advantages, including the fact that they are easily recyclable, light, and long-lasting. It functions as a barrier to keep microorganisms out of the product. The industry offers a wide range of medical packaging options. Containers, wrappers, and other similar items are among them. Medical packing aids in the protection of items against contamination. Especially due to the COVID19 Outbreak globally, people have become more serious about hygienic packaging which has increased the need for germ-free products and efficient packaging.

Global Medical Packaging Paper market is segmented by Packaging type into Trays, Boxes, Pouches and bags, and others. Among these the pouches and bags category dominated the market in 2020, accounting for the bulk of global sales. A wide range of medical goods are packaged in pouches and bags. In the healthcare business, Amcor is a prominent manufacturer and supplier of pouches and bags. Over the projected period, the market is likely to be driven by the development of customized pouches and bags with high-barrier packaging.

Key Players in the Market

• Some of the key players operating in the Global Medical Packaging Paper market are Amcor Plc, Constantia Flexibles Group GmbH, Cosmo Films Ltd, Essel Propack Ltd, Jindal Poly Films Ltd, Oji India Packaging Pvt. Ltd, Tetra Laval International SA, TPCL Packaging Ltd, UFlex Ltd, Uma Group.

Get Valuable Insights into Global Medical Packaging Paper market

In the new report, CRI Report thrives to present an unbiased analysis of the Global Medical Packaging Paper market that covers the historical demand data as well as the forecast figures for the period, i.e., 2020-2030. The study includes compelling insights into growth that is witnessed in the market. The market is segmented by Packaging Type into Trays, Boxes, Bags & Pouches, Others. By Packing Type into Primary, Secondary, Tertiary. By Application into Medical Tools & Equipment, In-Vitro Diagnostic Products, Medical Devices, Others. By End-User into Hospitals, Clinics, Forensic, Pharmaceutical manufacturing. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa.

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The post Global Medical Packaging Paper market to Surge at 8.06% CAGR, which is anticipated to reach USD 57.23 billion by 2030. first appeared on CRI Report.

The refrigerated sea transportation market size is anticipated to register a CAGR of ~6.8% between 2020 and 2027 and reach an approximate value of USD 12.48 billion in 2027.

Global Refrigerated Sea Transportation Market News

• • In July 2021, Kuehne+Nagel expanded its perishables network with the acquisition of Norway-based Salmosped, a perishables freight forwarder specializing in the transportation of seafood products.

• • In February 2021, Germany-basedKuehne+Nagel (K+N) entered into a binding agreement to acquire china-based freight forwarder Apex International Corporation, one of the leading freight forwarders in Asia, with a major focus in the Transpacific and intra-Asia regions.

The refrigerated sea transportation market is classified based on container type, product type, application, and region. Based on container type, the global market is divided into 20 feet, 40 feet, 40 feet high-cube, 45 feet high-cube, and others.

The 40 feet container segment is anticipated to hold a significant market share owing to its compact size and economical prices compared with other containers. Other types of containers are also expected to occupy significant market shares due to the increased demand for sea transportation solutions across the globe.

By product type, the refrigerated sea transportation market is segmented into chilled and frozen. The chilled segment accounted for the larger share in the global market due to a surge in international imports and exports due to growing diplomatic and economic ties across the globe. The chilled product segment also holds a substantial share in the refrigerated sea transportation market due to the rise in demand for exotic perishable foods globally.

Based on application, the global refrigerated sea transportation market is segmented into food & beverages, pharmaceutical, and others. The food & beverage segment is anticipated to hold a significant market share owing to the growing consumption of exotic perishable products globally. Refrigerated sea transportation is utilized to transport temperature-sensitive, perishable cargo such as fruits, vegetables, meat, fish, seafood, dairy, and other similar items.

Based on region, the refrigerated sea transportation market is segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Asia-Pacific dominated the refrigerated sea transportation market in 2020. The constantly growing meat & seafood industry has supported product demand. The growth of retail food chains is expected to spur the demand for the cold chain logistics industry over the forecast period, consequently increasing the demand for refrigerated sea transportation solutions in this region.

Key industry participants in the refrigerated sea transportation industry include CMA CGM S.A (France), Kuehne + Nagel International AG (Switzerland), DHL International GmbH (Germany), CEVA Logistics (Switzerland), Mediterranean Shipping Company S.A (Switzerland), DSV Panalpina A/S (Denmark), Maersk Line, Limited (US), NYK Line (Japan), Hapag-Lloyd AG (Germany), Hamburg Süd (Germany), Cargo-Partner (Austria), ZIM Integrated Shipping Services (Israel), CSAV (Chile), and Star Reefers (UK).

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging and high-growth segments. The market data comprises the basic assessment of the competitive scenarios and strategies in the global refrigerated sea transportation market, including high-growth regions and/or countries and political and economic environments. The project report further provides both – historical market values and pricing and cost analysis.

Related reports:

US Refrigerated Van Trailers Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

Research Report on Cold Chain Logistics Industry in China, 2017-2021

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The post The global refrigerated sea transportation market is expected to witness decent growth during the forecast period first appeared on CRI Report.

The market report on global Smart and Intelligent Packaging market includes in-depth insights as:

• The estimated value of the market was USD 18.01 billion in the year 2020.
• Region wise, the market in North America which held the largest market share in the year 2020, emerged as a key market for Smart and Intelligent Packaging Market.
• Based on technology, Intelligent packaging emerged as a key segment in the global Smart and Intelligent Packaging Market.
• Based on End-User vertical, food and beverage segment emerged as a key segment in the global Smart and Intelligent Packaging market.
• Key players are likely to focus on product innovations and expansion through merger to retain their positions in developed markets.

“Increased demand for food items such as frozen food and packaged food has come from a growing sophisticated population combined with changing and busy lives in which people prefer to eat ready-to-eat commercial meals which utilize smart and intelligent packaging. Increasing health awareness and Increasing demand for exotic fruits and vegetables, frozen items, and meat across different nations have all contributed to the market’s favorable expansion.”, according to this report

The demand for packaged, frozen, and ready-to-eat food has increased significantly in recent years as a result of changing urban lifestyles and worldwide population patterns. The packaging business has been concentrating on developing solutions that give maximum food security while retaining nutritional content at competitive rates, since supply of exotic fruits and vegetables, meat products, and frozen meals has crossed global boundaries. Packaging systems utilized with foods, medicines, and a variety of other items are referred to as intelligent packaging or smart packaging. It aids in the extension of shelf life, the monitoring of freshness, the presentation of quality information, the improvement of safety, and the improvement of convenience. smart packaging protects the product from the material while the Intelligent systems offer more information on the cover in electronic or non-electronic formats

Global Smart and Intelligent Packaging market is segmented by technology into Smart packaging and Intelligent packaging. Intelligent packaging is the most recent innovation in the packaging industry. In the food industry, this technology is advancing at a quicker rate, with great potential to enhance customer convenience. The condition of the outer packaging may be reported, and the quality of the product within the box can be immediately measured. Biosensors for pathogen or hazardous identification, which is a major problem in the food and intelligent packaging industries, are assisting in this by attaching antibodies to a plastic attaching surface, which may offer customers a false sense of security. The use of printed electronics for intelligent packaging and smart labelling is becoming more popular. Printed electronics is one of the key components of the intelligent packaging revolution, and it has the potential to be a game-changing technology for cost reduction and capability expansion. Technological advancements are fueling the demand for intelligent packaging.

Key Players in the Market

• Some of the key players operating in the global Smart and Intelligent Packaging market are BASF SE, Amcor Ltd., Ball Corp., Graham Packaging Company Inc., Landec Corp., Mitsubishi Gas Chemical, Sealed Air Corp., SYSCO Corp., Timestrip, PLC, VIP Packaging.

Get Valuable Insights into Global Smart and Intelligent Packaging Market

In the new report, CRI Report thrives to present an unbiased analysis of the global Smart and Intelligent Packaging market that covers the historical demand data as well as the forecast figures for the period, i.e., 2020-2030. The study includes compelling insights into growth that is witnessed in the market. The market is segmented by Technology into Smart packaging, Intelligent packaging. By End-User Vertical into Food, Beverage, Healthcare, Personal Care, Other End-user Verticals. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa.

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The post Smart and Intelligent Packaging Market – Analysis of Market Size, Share & Trends for 2020 – 2030 and Forecasts to 2030 first appeared on CRI Report.

The global passive temperature-controlled packaging market is driven by the growth in food & beverage industry, and the rapid advancement pace on innovation in technology. The passive temperature-controlled packaging is anticipated to generate the highest revenue owing to its reusability and advance level of technology. Moreover, the growth of the healthcare sector growing in emerging economies around the world is fueling the growth of passive temperature-controlled packaging market. However, high cost of investment and maintenance and a very low incidence in rural areas act as a restraining factor for the temperature-controlled packaging solutions market growth.

Many key players such as Sonoco Products Company, Cold Chain Technologies, Pelican Biothermal LLC, Inc., FedEx Corporation, AmerisourceBergen Corporation, Cryopak, Deutsche Post AG, among others are actively participating in the development of temperature-controlled packaging solutions. For instance, recently in 2019, Cryopak released a new version of Mirador Express: 1.2.0 which is capable of delivering real-time temperature monitoring. The special feature is user friendly and a safe method for storing and calculating data. Earlier in 2018, Cold Chain Technologies (CCT), which is a leading provider of temperature-controlled delivery systems, launched the industry’s first integrated phase change material (PCM) pallet cover device- KoolTemp GTS Enshield.

Such developments in the market are anticipated to fuel the growth of the global passive temperature-controlled packaging market during the forecast period.  Following the pandemic, packaging companies should rebalance sustainability objectives that fuse elevated cleanliness, standardize online business, and think about item cost. The effect of the pandemic will positively affect execution, in light of the fact that these new patterns will feature clients’ necessities across the business. The (COVID-19) pandemic is causing far and wide concern and financial difficulty for shoppers, organizations and networks across the globe.

Makers are confronting interesting difficulties brought about by the emergency, and bundling makers are no special case. Pulled between taking off requests for certain items (like bathroom tissue and other sterile items) and an unsure viewpoint for other people (like structure materials), organizations in the area should likewise explore the test of all the while protecting worker prosperity, overseeing possibly disturbed stockpile chains, and assessing turbulent financial and capital business sectors conditions. At a macro level, the divided idea of the stockpile side prompts industry challenges. Amounting to that will be that bundling as an item classification is unbranded. Together this makes a fair client experience with issues, for example, conflicting bundling quality and monotonous seller disclosure. For makers, this implies underutilized limits, conflicting cycles, and decreased edges. Outcome – an imperfect interest and supply framework with a huge opportunity to get better.

Industry News

• • August 1, 2019 – FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX), announced improved temperature-controlled shipping services using cold shipping packaging for healthcare customers in Japan. The services enable FedEx to offer customers improved convenience, rigorous temperature control throughout the entire journey, and cost advantages.

• • April 8, 2021, Pelican BioThermal has announced a new module on its School of Cool online learning platform, with an introduction to reusable and single-use shippers, including parcel and bulk shippers.

Based on type, it is further segmented into insulated shippers, insulated containers, refrigerants, and others. By application, it is categorized into healthcare, food & beverage, and others. The food & beverage sector dominates the temperature-controlled packaging solutions market owing to packaging that helps maintain the condition and nutritive value of the food & beverages in extreme conditions for later consumption. Passive temperature-controlled packaging is a preferred economical and effective solution used in the pharmaceutical sector for shipping of pharmaceutical products. The rise in need for cost-effective shipping of vaccines, particularly to remote geographies, offers a prominent push to global temperature-controlled packaging market growth.

Based on region, the Global Passive Temperature Controlled Packaging Market is segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. North America dominates the market with the largest share in the global passive temperature-controlled packaging market owing to rapidly rising demand for frozen products and well-established infrastructure in large urban populations. Asia-Pacific is expected to grow at a fast pace with the highest CAGR globally owing to the rapid transition from a manufacturing and construction led economy to a consumer led economy.

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The key players operating in the Global Passive Temperature Controlled Packaging Market are Pelican BioThermal LLC (US), Sonoco Products Company (US), Cold Chain Technologies, Inc. (US), FedEx Corporation (US), AmerisourceBergen Corporation (US), Deutsche Post AG (Germany), Intelsius (UK), Softbox (UK), Sofrigam SA Ltd. (US), ACH Foam Technologies (US) and many others. The other prominent players in the temperature-controlled packaging solutions market include OMEGA Engineering (US), WIKA Alexander Wiegand SE & Co. KG (Germany), Olympus Corporation (Japan), ILLIG Maschinenbau GmbH & Co. KG (Germany), and SKF (Germany).

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging and high-growth segments. The market data comprises the basic assessment of the competitive scenarios and strategies in the global passive temperature-controlled packaging market, including high-growth regions and/or countries, and political and economic environments. The project report further provides both – historical market values and pricing and cost analysis.

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Industry News

• • In March 2021, Lineage Logistics LLC, one of the largest refrigerated storage companies in the world by space, raised USD 1.9 billion in a funding round to back additional acquisitions, build new facilities and develop warehouse automation technology. The company also plans to acquire more operators and set up new buildings in core markets in the U.S., Europe, and Asia, including near port areas, where refrigerated warehouse capacity has been in short supply because of container imbalances in ocean shipping.

• • In October 2020, Cold storage warehouse owner and operator Americold Logistics announced to enter into an agreement to acquire one of the world’s largest temperature-controlled operators, Agro Merchants Group, for USD 1.74 billion.

In 2019, the refrigerated warehouse segment held a significant market share: MRFR

The global cold storage market has been segmented based on type, temperature type, application, and region. Based on type, the global market is divided into Refrigerated Warehouse and Refrigerated Transport. The refrigerated warehouse segment is anticipated to hold a significant market share.

Based on temperature type, the global cold storage market is segmented into frozen and chilled. The chilled segment accounted for a significantly large share in the global market.

Based on application, the global cold storage market is segmented into Dairy and Frozen Desserts, Fish, Meat and Seafood Products, Bakery and Confectionery Products, Fruits and Vegetables, and Others. The dairy and frozen desserts segment accounted for a significantly large share in the global market owing to changes in lifestyle and urbanization.

Based on region, the Cold storage market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia-Pacific dominated the global cold storage market in 2019. Consistent development of new cold storage technologies and supportive government regulations have supported product growth in the region.

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Key industry participants in the cold storage industry include Lineage Logistics Holdings (U.S.), Americold Logistics (U.S.), Nichirei Corporation (Japan), Kloosterboer (Netherlands), Tippmann Group (U.S.), United States Cold Storage (U.S.), Henningsen Cold Storage Co. (U.S.), VersaCold Logistics Services (Canada), Congebec Inc. (Canada), NewCold (Netherlands), Snowman Logistics Pvt Ltd (India)

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging and high-growth segments. The market data comprises the basic assessment of the competitive scenarios and strategies in the global cold storage market, including high-growth regions and/or countries, and political and economic environments. The project report further provides both – historical market values and pricing and cost analysis.

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Industry News

• • In March 2021, CEVA Logistics and Berkshire Grey implemented AI-enabled robotic automation systems into CEVA’s supply chain operations in Canada to facilitate maximum distribution center capacity, optimize throughput and accelerate fulfillment processes

• • In March 2021, DB Schenker leveraged its in-house IT innovation to secure more efficiency and less empty space on all transport modes. With the new BinPACKER algorithm, DB Schenker logistics can now optimize the load-planning process to stack differently sized objects, making perfect use of limited space.

In 2019, the Domestic Transportation segment held a significant market share

The global Third-Party Logistics (3PL) market has been segmented based on service, mode of transport, application, and region. Based on service, the global market is divided into Domestic Transportation, International Transportation, Value-added Warehousing and Distribution, and Others. The domestic transportation segment is anticipated to hold a significant market share.

Based on mode of transport, the global Third-Party Logistics (3PL) market is segmented into Railways, Roadways, Waterways, and Airways. The roadways segment accounted for a significantly large share in the global market owing to the growth of the retail industry.

Based on application, the global Third-Party Logistics (3PL) market is segmented into Manufacturing, Retail, Healthcare, Automotive, and Others. The manufacturing segment accounted for a significantly large share globally due to substantial growth in the construction industry.

Based on region, the Third-Party Logistics (3PL) market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia-Pacific dominated the Third-Party Logistics (3PL) market in 2019. Consistently developing infrastructural activities have supported the product growth in the region.

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Key industry participants in the Third-Party Logistics (3PL) industry include C.H. Robinson Worldwide (United States), BDP International, Inc. (United States), Burris Logistics (United States), CEVA Logistics (Switzerland), DSV Panalpina A/S (Denmark), DB Schenker Logistics (Germany), FedEx Corporation (United States), J.B. Hunt Transport Services, Inc. (United States), Kerry Logistics (Hong Kong), Nippon Express (Japan), DB Schenker (Germany), DHL (Germany), and Agility Logistics (Kuwait)

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging and high-growth segments. The market data comprises the basic assessment of the competitive scenarios and strategies in the global third-party market, including high-growth regions and/or countries, and political and economic environments. The project report further provides both – historical market values and pricing and cost analysis.

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Industry News

• • In March 2021, Carrier Transicold entered into a new strategic partnership with Portuguese technology company AddVolt to accelerate and advance its electrification capabilities. The agreement enables Carrier to broadly utilize AddVolt’s proven, engine-agnostic technology to develop innovative sustainable transport refrigeration solutions for customers in Europe.

• • In January 2021, Daimler India Commercial Vehicles (DICV), in collaboration with

Motherson Group, unveiled the BharatBenz ‘BSafeExpress’, a specialized refrigerated truck,

designed for the safe transportation of COVID-19 vaccines.

Global Electric Truck Market Research Report – Forecast till 2026

In 2019, the Medium Commercial Vehicle segment held a significant market share

The global Refrigerated Truck market has been segmented based on Type, Tonnage Capacity, application, and region. Based on type, the global market is divided into light commercial vehicles, medium commercial vehicles, and heavy commercial vehicles. The medium commercial vehicle type segment is anticipated to hold a significant market share.

Based on Tonnage Capacity, the global Refrigerated Truck market is segmented into Less than 10 Tons, 10–20 Tons, more than 20 Tons. The10–20tons segment accounted for a significantly large share in the global market owing to the growing food industry in developing countries.

Based on application, the global Refrigerated Truck market is segmented into Food and Beverages, Pharmaceuticals, Chemicals, and Others. The food and beverages segment accounted for a significantly large share in the global market owing to the rise in demand for refrigerated products.

Based on region, the refrigerated truck market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia-Pacific dominated the refrigerated truck market in 2019. The consistently developing meat and seafood industry has supported product growth in the region.

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Key industry participants in the Refrigerated Truck industry include Kögel Trailer GmbH & Co.KG (Germany), HYUNDAI Translead, Inc. (US), Wabash National (US), Fahrzeugwerk Bernard Krone Gmbh& Co. Kg (Germany), GRW Tankers and Trailers (US), Schmitz Cargobull AG (Germany), Great Dane LLC (US), Chereau (France), Lamberet SAS (France), and China International Marine Containers (Group) Ltd. (China).

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging and high-growth segments. The market data comprises the basic assessment of the competitive scenarios and strategies in the global Refrigerated Truck market, including high-growth regions and/or countries and political and economic environments. The project report further provides both historical market values and pricing and cost analysis.

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