Market Size of United Kingdom Cold Chain Logistics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 11.52 Billion |
| Market Size (2029) | USD 17.06 Billion |
| CAGR (2024 - 2029) | 8.16 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UK Cold Chain Logistics Market Analysis
The United Kingdom Cold Chain Logistics Market size is estimated at USD 11.52 billion in 2024, and is expected to reach USD 17.06 billion by 2029, growing at a CAGR of 8.16% during the forecast period (2024-2029).
- Globalization has led to the development of more complex logistics systems in the country to manage cross-border shipments, and a growing focus on sustainability has pushed companies to adopt environmentally friendly and socially responsible cold chain logistics practices. Also, the gain in importance of the e-commerce market has improved the need for cold chains across the country. Thus supporting the growth of cold-chain logistics in UK.
- The UK cold chain logistics market is set to grow because more people want fresh food and are paying more attention to safety and where their food comes from. This has led to a rise in demand from supermarkets, which are now contracting directly with producers to make sure they have enough and meet customer needs.
- The UK exports more agricultural goods than any other country and its trade with the rest of the European Union (EU) is a key part of its success. Alongside this, it provides high-quality, efficient agricultural services to many countries worldwide. To support these vital links, there needs to be a reliable and robust logistics system in place. Due to the large population of the United Kingdom and its geographic position, it has an important role in trade with Europe. Air, sea, and land logistics are adequate for transporting goods from origins to end users, but there is room for improvement in the short term.
- By slowing down logistics services, the COVID-19 situation kept creating uncertainty in the market. It stopped companies from growing and made people in different client sectors more and more scared. Governments in several places put full lockdowns in place and temporary closures of industries. This led to border restrictions, making it hard for transportation and logistics services to move. After the COVID-19 health catastrophe, the outlook for companies around the world drastically shifted.
