Increased Consumption of Foods, Pharmaceuticals, and Other Temperature-Sensitive Products

The increased consumption of foods, pharmaceuticals, and other temperature-sensitive products has heightened the demand for efficient cold-chain logistics. This sector ensures that these perishable goods remain within required temperature ranges throughout the supply chain, from production to delivery, thereby maintaining their quality and safety. As the need for such products grows, the role of cold chain logistics in preventing spoilage and ensuring compliance with health and safety standards becomes even more crucial.

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Data Bridge Market Research analyses that KSA Cold Chain Logistics Market is expected to reach USD 11,947.06 million by 2031 from USD 3,848.92 million in 2023, growing with a CAGR of 15.6% in the forecast period of 2024 to 2031. Government initiatives and investments in logistics infrastructure are crucial for advancing the cold chain logistics sector. By prioritizing the development of modern storage facilities, enhancing transportation networks, and implementing advanced tracking systems, these efforts aim to improve efficiency and reliability in handling temperature-sensitive products. Such investments not only support the growth of industries reliant on cold chain logistics but also foster economic development and competitiveness by ensuring the seamless flow of goods and reducing operational costs.

Key Findings of the Study

Expansion of E-Commerce Sector

The expansion of e-commerce has significantly driven the growth of cold chain logistics. As online shopping increases, particularly for perishable goods, namely fresh food and pharmaceuticals, the demand for efficient and reliable cold chain solutions has surged. E-commerce platforms require robust cold chain logistics to ensure that temperature-sensitive products are stored, handled, and delivered under optimal conditions. This has led to advancements in logistics infrastructure, technology, and processes aimed at maintaining product quality throughout the supply chain and meeting the rising consumer expectations for fresh and safe products.

Report Scope and Market Segmentation

Segment Analysis

The market is segmented into nine notable segments based on type, type of goods/critical attribute, technology, temperature type, payload size, operation, customer type, business model, and distance.

• On the basis of type, the KSA cold chain logistics market is segmented into warehousing/storage, logistics (road), logistics (sea), logistics (railway), logistics (air), and fulfillment and last mile delivery

In 2024, warehousing/storage segment is expected to dominate the KSA cold chain logistics market

In 2024, warehousing/storage segment is expected to dominate the market with 52.86% market share due to increased consumption of foods, pharmaceuticals, and other temperature-sensitive products.

• On the basis of technology, the KSA cold chain logistics market is segmented into blast freezing, evaporative cooling, vapor compression, cryogenic systems, programmable logic controller, and others.

In 2024, blast freezing segment is expected to dominate the KSA cold chain logistics market

In 2024, blast freezing segment is expected to dominate the market with 23.69% market share due to rising government initiatives and investments in logistics.

• On the basis of temperature type, the KSA cold chain logistics market is segmented into ambient, chilled, frozen, and others. In 2024, ambient segment is expected to dominate the market with a market share of 72.32%
• On the basis of payload size, the KSA cold chain logistics market is segmented into large, medium, small, x-small, and petite. In 2024, large segment is expected to dominate the market with a market share of 33.60%
• On the basis of operation, the KSA cold chain logistics market is segmented into domestic, and international/cross border logistics. In 2024, domestic segment is expected to dominate the market with a market share of 75.35%
• On the basis of customer type, the KSA cold chain logistics market is segmented into B2B, B2C, and e-commerce & last miles delivery. In 2024, B2B segment is expected to dominate the market with a market share of 58.26%

Major Players

Data Bridge Market Research analyzes Cold Chain Packing & Logistics, A.P. Moller–Maersk (Denmark), CGS (Riyadh, Saudi Arabia), Mosanada Logistics Services (Part of Naghi & Sons.) (Jeddah, Saudi Arabia), Wared Logistics (Kingdom of Saudi Arabia) as the major players operating in the KSA cold chain logistics market.

Market Development

• In August 2020, Wared Logistics launched a new chilled warehouse in Jeddah, Saudi Arabia. The facility operates between +2 and +10°C and features a zoned temperature-controlled corridor and high-density racking. This expansion supported Wared's commitment to maintain integrity of the cold chain and enhanced its temperature-controlled warehousing operations across Saudi Arabia
• In October 2023, Tamer Logistics and Kuehne+Nagel signed a partnership agreement to enhance logistics solutions in Saudi Arabia, combining Kuehne+Nagel's global expertise with Tamer Logistics' extensive local network. This collaboration significantly bolstered their cold chain capabilities, integrating state-of-the-art warehousing and a robust fleet to offer comprehensive, end-to-end temperature-controlled logistics solutions, aligning with the increasing demand for advanced logistics services in the region
• In October 2023, Tamer Logistics and Electromin partnered to electrify their fleet and develop a network of EV charging stations, focusing on sustainability and reducing emissions. This initiative enhanced Tamer Logistics' operations by supporting the transition to electric vehicles, thereby contributing to a greener, more efficient cold chain logistics infrastructure
• In November 2023, IFFCO contributed USD 77 million to sustainability, launching 156 projects to enhance environmental performance in areas like climate change, energy management, and biodiversity. These investments improved cold-chain logistics by increasing energy efficiency, reducing greenhouse gas emissions, and implementing renewable energy and advanced water management solutions, leading to more efficient and sustainable operations
• In July 2024, Almajdouie Logistics and CEVA Logistics formed a joint venture in Saudi Arabia, pending regulatory approval, to enhance logistics services in the region. This partnership enabled Almajdouie Logistics to leverage CEVA’s global network, boosting their cold chain logistics capabilities with integrated, high-quality solutions for their growing customer base

As per Data Bridge Market Research analysis:

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