The process and technology known as "cold chain logistics" facilitate the supply chain and the secure movement of commodities and products that are sensitive to temperature, such as pharmaceutical drugs, fresh fruit, seafood, frozen meals, and photographic film. The impact extends to all stages of the supply chain, encompassing purchase, transportation, storage, and last-mile delivery. Product supply is handled by refrigerated vehicles, refrigerated railcars, refrigerated cargo, and air freight. The process also involves the use of temperature-controlled storage facilities and cold-insulated transport vehicles for product distribution.
According to SPER market research, ‘France Cold Chain Market Size- By Services, By Temperature Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the France Cold Chain Market is predicted to reach USD 26.19 billion by 2033 with a CAGR of 9.66%.
Drivers: Growing automobiles are a factor in the industry's expansion. The age of cars is the primary factor driving the expansion of the automotive aftermarket industry. Older cars usually need more frequent maintenance and repairs because of the gradual wear and strain on its components. The aftermarket industry benefits from a consistent demand for its replacement parts and services. Among the components of an automobile that deteriorate with time and use are the exhaust systems, tires, and brakes. The requirement for different parts to be replaced in older automobiles is what drives the market.
Challenges:
The increasing requirement for temperature control for safety against various health hazards and food loss.
Environmental and economic sustainability, reduced food waste, food security, and food safety are among the challenges that the food industry prioritizes. Food waste and loss have a number of sources.
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Moreover, Innovations in technology such as the Internet of Things (IoT), which permits real-time monitoring of temperature and humidity during transportation and storage, are also benefiting the cold chain industry. This method helps to guarantee the safety and quality of the products while reducing the likelihood of spoiling and waste.
The challenge lies in the expensive expense of maintaining cold chain infrastructure, which includes things like refrigerated trucks, storage, and specialized packing materials. These fees may be prohibitive for smaller businesses or those operating in underdeveloped areas. The cold chain business must also exercise caution and creativity in addressing a variety of obstacles in order to safely and effectively move and store temperature-sensitive goods. Maintaining the same temperature at every stage of the supply chain—from production facilities to distribution centers and, ultimately, retail stores or final consumers—is one of the hardest tasks.
Impact of COVID-19 on France Cold Chain Market
The COVID-19 epidemic had a significant impact on the cold chain logistics industry, and many in the French cold chain logistics sector are currently dealing with problems and worries. In terms of industrial and logistical advancements, France leads Europe. The "Logistics Plan for 2025" intends to simplify supply chain management and improve infrastructure to enhance the intramodality of the transportation network.
France Cold Chain Market Key Players:
Additionally, Some of the market key players are IRIS Logistics, Kloosterboer Harnes, Kuehne + Nagel, Mutual Logistics, Olano Logistique.
France Cold Chain Market Segmentation:
By Services: Based on the Services, France Cold Chain Market is segmented as; Storage Transportation, Labeling, Inventory Management, Blast Freezing, Others.
By Temperature Type: Based on the Temperature Type, France Cold Chain Market is segmented as; Supermarkets and Hypermarkets, Specialty Stores, Online, Others.
By Application: Based on the Application, France Cold Chain Market is segmented as; Horticulture, Dairy Products, Meat and Fish, Processed Food Products, Pharma, Life Sciences, Chemicals, Others.
By Region: This research also includes data for Eastern Region, Western Region, Southern Region, Northern Region.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information about this Report:-
France Cold Chain Market Analysis
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