Italy Cold Chain Logistics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 8.76 Billion |
| Market Size (2029) | USD 13.92 Billion |
| CAGR (2024 - 2029) | 9.73 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Italy Cold Chain Logistics Market Analysis
The Italy Cold Chain Logistics Market size is estimated at USD 8.76 billion in 2024, and is expected to reach USD 13.92 billion by 2029, growing at a CAGR of 9.73% during the forecast period (2024-2029).
- The impact of COVID-19 was widely visible across all the logistics-dependent modes of transport worldwide. Although some industries struggled due to the pandemic, some were thriving, such as healthcare & pharmaceuticals, e-commerce, and the daily essentials goods industry, which were expected to affect the logistics industry positively during the COVID-19 outbreak globally. However, for the Italy cold chain logistics market, the year 2020 witnessed a decline in terms of revenue and growth, owing to the negative demand and supply outlook due to COVID-19 restrictions for end users, including manufacturers and suppliers of food & beverages, health & nutrition products, bakery, flower related products, and many others. The overall production activities of these industries declined, owing to operations with limited workforce capacity and inadequate health safety measures. This expected weak business performance directly impacted the overall sales of the system and service of cold chain logistics in European countries.
- The Italian freight and cold chain logistics market ranks high globally. Italy has the second-largest European domestic rail combined transport market in Europe after Germany. Italy has about 1.6 million twenty-foot equivalent units (TEU) and 12.3 million metric tons of combined transportation annually through rail and road transportation. COVID-19 had a positive impact on the Italian cold chain logistics. During the lockdown, the high demand for frozen food and pharmaceutical products helped grow the cold chain logistics market.
- After years of stagnation, the cold chain logistics industry is undergoing a reversal trend because of the country's positive rebound in exports and showing signs of growth again. The country has a highly developed and efficient transport and logistics network, especially in the northern and central regions, and has a vast domestic and international market due to its strategic position in central Europe. The cold chain market has enormous potential during the forecast period.
- Major industries in Italy include textiles and clothing, food and beverages, metals and metal products, chemicals, shipbuilding, pharmaceuticals, and medical equipment. The growing demand for organized retail and the increasing awareness of consumers to reduce food waste have driven the demand for cold chain logistics. With the advancement of new technologies, the use of cold chains in the food and beverage sector may help prevent the deterioration of food quality.
Italy Cold Chain Logistics Market Trends
Increasing Usage of Dairy Products in the Country is Driving the Market
Milk production in the European Union is estimated at around 155 million tons annually. Germany, France, Poland, the Netherlands, Italy, and Ireland are the main producing countries. Together, they account for almost 70% of the EU's milk production. Italy is one of the leading players in the world dairy industry; the national show combines quality, volumes, and tradition. The most advanced milk processing technologies have made it a favorite drink (fresh, UHT, LSL), compatible with special diets, and accessible to customers suffering from intolerances.
The dairy sector is the first Italian food division, with a turnover of 14.2 billion euros. 75% of the milk is produced in the northern Italian districts: Lombardia, Emilia Romagna, Veneto, and Piemonte. In Italy, 11 million tons of milk are made, and 13 million tons of milk are converted into one million tons of cheeses (more than 440,000 tons are DOP cheeses), almost three million tons of pasteurized drinking milk (1,300,000 Tn) and UHT milk (1,600,000 Tn) and 190,000 Tn of yogurts and fermented milk.
Italian milk production in 2021 increased to 13 million tons (+3% compared to 2020). Thanks to the self-sufficiency achieved by the sector, imports from abroad decreased (imports of bulk milk registered a decrease of 30%). In a report for the Italian association of farmers and breeders Alleanza Cooperative Agroalimentari, cow's milk production in Italy is expected to increase by +10/+15% in the next five years, with an average annual variation rate of + 2/+3%, which is intended to continue until 2030. Italian production of dairy products will reach Euro 21.5 billion in 2026 from Euro 20.39 billion (1 Euro=1.06 USD) in 2021, with an average year-over-year growth of 0.8%. Since 2013, the Italian offer has increased by 2.6% year-over-year. Dairy product consumption is projected to reach 11,043,000,000 kilograms by 2026 from 11,000,000,000 kilograms in 2020, with an average annual growth of 0.1%.
Over 17 thousand tons of packed milk were imported by Lybia from Italy by the end of 2021. Albania and Malta were ranked second and third as top importing countries, with approximately 4.5 and 4.2 thousand tons of packed milk, respectively. The above factors all increase the cold chain logistics market in Italy.
Increasing Investments in the Logistics Sector is Driving The Market
The logistics sector confirms its positive trend in 2022, proving to be one of the emerging sectors attracting investors appetite. In terms of capital markets volumes, logistics hit a new record high, reaching in Q1-Q3 2022 the highest number of investments ever recorded, totaling almost Euro 2.7 bn (+53% YoY). Moreover, several lands and development projects were transacted in the market: investors with a long-standing presence and major European and global property companies are looking at Italy as a high-potential new European logistics destination. In terms of several deals, 51 operations were recorded in the market, characterized by a remarkable average deal size (Euro 53 million). Single asset deals dominated the market, although the largest deal was a Prologis'inverstors' acquisition of pan-European Urban logistics platform Crossbay for approximately Euro 1.6bn, with the Italian share being a very large one. The rising importance of international investors has facilitated market liquidity conditions by pushing yields downwards for many years. Still, since Q2 2022, yields have started to soften, reflecting wider macroeconomic uncertainty and increases in financing costs.
Italy Cold Chain Logistics Industry Overview
The Italian cold chain logistics market is fragmented, with several domestic and international companies present in the market studied. The market is experiencing collaborations and new entries of companies to set up their firm foot. The demand for cold chain facilities has led to many small players with a low degree of specialization, leading to problems like high operating costs and unbalanced and insufficient development. Some existing major players in the market include Safim Logistics, Frigocaserta SRL, Eurofrigo Vernate SRL, Frigoscandia SPA, and DRS Depositi Regionali Surgelati SRL.
Italy Cold Chain Logistics Market Leaders
Safim Logistics
Frigocaserta SRL
Eurofrigo Vernate SRL
Frigoscandia SPA
DRS Depositi Regionali Surgelati SRL
*Disclaimer: Major Players sorted in no particular order
Italy Cold Chain Logistics Market News
- May 2022: Bomi Group, through the Picking Farma brand, announces the forthcoming opening of the new logistics hub near Madrid dedicated to the Healthcare sector. The warehouse, whose work has already begun, will involve an investment of 15 million euros and the creation of 150 jobs. The new logistics platform will join the seven already present in Spain, including one near Madrid, four in Catalonia, and two in the Canary Islands. This new logistics center will have an area of 25,000 m² and a capacity of 60,000 pallet places, making it one of the essential reference warehouses for the pharmaceutical sector in Europe.
- April 2022: Bomi Group, a multinational leader in integrated logistics operating in the Healthcare sector, has announced the acquisition by its French branch of Tendron Pharma, the division of Tendron Transports - an independent company founded in 1963 dedicated to the transport of pharmaceutical products. Tendron Pharma has a fleet of 25 owned vehicles - made up of vans and trucks - all at a controlled temperature of +15+25° C, transports drugs and devices from the pharmaceutical plant to distributors in the Ile-de-France region, including pharmacies, hospitals, and clinics.
Italy Cold Chain Logistics Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Current Market Scenario
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Technological Trends and Automation
4.4 Government Regulations and Initiatives
4.5 Industry Value Chain/Supply Chain Analysis
4.6 Spotlight on Ambient/Temperature-controlled Storage
4.7 Industry Attractiveness - Porter's Five Forces Analysis
4.8 Impact of Emission Standards and Regulations on Cold Chain Industry
4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Services
5.1.1 Storage
5.1.2 Transportation
5.1.3 Value-added Services (Blast Freezing, Labeling, Inventory Management, etc.)
5.2 By Temperature Type
5.2.1 Ambient
5.2.2 Chilled
5.2.3 Frozen
5.3 By Application
5.3.1 Horticulture (Fresh Fruits and Vegetables)
5.3.2 Dairy Products (Milk, Ice-cream, Butter, etc.)
5.3.3 Meats and Fish
5.3.4 Processed Food Products
5.3.5 Pharma, Life Sciences, and Chemicals
5.3.6 Other Applications
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Safim Logistics
6.2.2 Frigocaserta SRL
6.2.3 Eurofrigo Vernate SRL
6.2.4 Frigoscandia SPA
6.2.5 DRS Depositi Regionali Surgelati SRL
6.2.6 Frigogel SRL
6.2.7 Soluzioni Logistiche Freddo SRL In Breve SL Freddo SRL
6.2.8 Sodele Magazzini Generali Frigoriferi SRL
6.2.9 Horigel SRL
6.2.10 Fridocks General Warehouses and Frigoriferi SRL*
- *List Not Exhaustive
7. FUTURE OF COLD CHAIN LOGISTICS MARKET
8. APPENDIX
8.1 Macroeconomic Indicators (GDP Distribution, by Activity, Contribution of Transport, and Storage Sector to economy)
8.2 External Trade Statistics - Exports and Imports, by Product
Italy Cold Chain Logistics Industry Segmentation
The cold chain logistics market involves transporting temperature-sensitive products along a supply chain through thermal and refrigerated packaging methods and the logistical planning to protect the integrity of these shipments. Transportation modes are refrigerated trucks, railcars, refrigerated cargo, and air cargo. Furthermore, the report provides critical insights into the Italy cold chain logistics market. It includes technology developments, trends, and government regulations in the sector. Also, it focuses on market dynamics. Additionally, the competitive landscape of the Italy cold chain logistics market is depicted through the profiles of active, vital players.
The Italy Cold Chain Logistics Market is segmented by services (Storage, Transportation, and Value-added Services), temperature type (Ambient, Chilled, and Frozen), and application (Horticulture (Fresh Fruits and Vegetables), dairy products (Milk, Ice-cream, Butter, etc.), meat and fish, processed food products, pharma, life sciences, and chemicals, and other applications). The report offers market size and forecast values (USD billion) for all the above segments.
| By Services | |
| Storage | |
| Transportation | |
| Value-added Services (Blast Freezing, Labeling, Inventory Management, etc.) |
| By Temperature Type | |
| Ambient | |
| Chilled | |
| Frozen |
| By Application | |
| Horticulture (Fresh Fruits and Vegetables) | |
| Dairy Products (Milk, Ice-cream, Butter, etc.) | |
| Meats and Fish | |
| Processed Food Products | |
| Pharma, Life Sciences, and Chemicals | |
| Other Applications |
Italy Cold Chain Logistics Market Research FAQs
How big is the Italy Cold Chain Logistics Market?
The Italy Cold Chain Logistics Market size is expected to reach USD 8.76 billion in 2024 and grow at a CAGR of 9.73% to reach USD 13.92 billion by 2029.
What is the current Italy Cold Chain Logistics Market size?
In 2024, the Italy Cold Chain Logistics Market size is expected to reach USD 8.76 billion.
Who are the key players in Italy Cold Chain Logistics Market?
Safim Logistics, Frigocaserta SRL , Eurofrigo Vernate SRL , Frigoscandia SPA and DRS Depositi Regionali Surgelati SRL are the major companies operating in the Italy Cold Chain Logistics Market.
What years does this Italy Cold Chain Logistics Market cover, and what was the market size in 2023?
In 2023, the Italy Cold Chain Logistics Market size was estimated at USD 7.98 billion. The report covers the Italy Cold Chain Logistics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Italy Cold Chain Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Italy Cold Chain Logistics Industry Report
Statistics for the 2024 Italy Cold Chain Logistics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Italy Cold Chain Logistics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
