Press Release

Saudi Arabia Cold Chain Equipment Market is expected to be dominated by the Storage Equipment segment

One of the most compelling drivers behind the rise of the Cold Chain Equipment Market is the Rise in Pharmaceutical and Healthcare Industry Growth.


According to TechSci Research report, “Saudi Arabia Cold Chain Equipment Market - By Region, Competition, Forecast & Opportunities, 2028”. The Saudi Arabia Cold Chain Equipment Market is expected to grow with a CAGR of 5.97% during the forecast period. The main driving forces behind the growth of the Saudi Arabia cold chain market are the rising demand for processed food products and the expansion of the retail and e-commerce sectors in the country. These factors suggest that the market value of the country's Cold Chain Equipment market is expected to increase at a healthy CAGR in the upcoming years.


The expansion of organized food retail as well as the increase in perishable food production and consumption in the country are driving the demand for cold chains. The majority of organised retail businesses are constructing sizable cold chain infrastructures to manage their supply chains effectively. Additionally, the region's rising taste for processed food items and move toward the production of fruits and vegetables over grain crops both considerably contribute to the industry's expansion.


The area is experiencing substantial growth in the demand for high-quality items as a result of rising consumer disposable income and an expanding middle-class population. The expansion of the sector in India is further aided by the country's rapid urbanisation and expanding industrialization. The government's aim to build numerous mega food parks in addition to its favourable laws is giving the industry even more of a boost. The healthcare sector's increasing need for efficient cold chain facilities to preserve heat-sensitive goods including vaccines, biopharmaceuticals, and clinical trial materials, among others, is driving the industry's expansion. The vaccines, biopharmaceutical, and clinical trials industries in many regions are anticipated to increase, and this will lead to substantial demand in the market over the forecast period.


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The fruits & Vegetables and dairy products Expected to Witness Significant Growth in the Market, these goods need a certain temperature for storage and transit because the majority of them are perishable and temperature sensitive. As a result, it is anticipated that the Cold Chain Equipment industry is expected to grow in the upcoming years.


During the forecast period, Riyadh is expected to grow the most. The Riyadh to Dominate has established itself as the leader in the Saudi Arabia Cold Chain Equipment Market with a significant revenue share in 2022.  Riyadh is estimated to be the fastest-growing regional market from 2020 to 2028. This is due to increasing government investments for Cold Chain Equipment infrastructure development, Moreover, factors like increased foreign direct investments in the healthcare sector, and the promotion of pharmaceutical industries are boosting the market growth for the pharmaceuticals sector in the Riyadh region.


Key market players in the Saudi Arabia Cold Chain Equipment Market include:

  • Americold Logistics, LLC
  • Burris Logistics
  • Cold Box
  • Conestoga Cold Storage
  • Congebec
  • Lineage Logistics Holding, LLC
  • Nichirei Corporation
  • Tippmann Group
  • United States Cold Storage
  • VersaCold Logistics Services


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It consists of a wide range of devices, including freezers, refrigerators, cold rooms, temperature sensors, data loggers, and monitoring systems. These devices are designed to maintain a constant temperature within a predetermined range and to offer real-time information regarding temperature variations, which is essential for making sure that items continue to be secure and efficient.Effective cold chain equipment is required to preserve the quality and safety of these perishable goods due to the rising demand for fresh produce, seafood, meat, and dairy products.Similar to the food and beverage industry, the pharmaceutical and healthcare industry relies significantly on cold chain equipment to store and ship temperature-sensitive medical supplies including vaccines and medications.


“The modernization of logistics has assisted the growth of the refrigerated logistics sector. The demand for Cold Chain Equipment increased unexpectedly in India countries between 2020 and 2021. The need for cold storage and transportation has risen because of the growing urban population and changing customer preferences. Overall, it is anticipated that India's cold chain capacity would expand steadily over the future years and increase at a very high CAGR throughout the projected period. The market is expected to organise itself better and engage in more institutional investment. Built-to-suit assets with improved architectural requirements, variety in cold storage products catering to higher-value commodities, and usage of sustainable solutions for lowering operational costs are possible future trends in this industry. Therefore, these factors are fuelling the market growth of the “India Cold Chain Equipment market in the upcoming years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.


“Saudi Arabia Cold Chain Equipment Market Segmented By Equipment Type (Storage Equipment, Transportation Equipment), By Application (Seafood, Meat, Fruit & Vegetable, Dairy Products, Alternative Protein, Others), By Region, and By Competition, 2018-2028”, 
has evaluated the future growth potential of Saudi Arabia Cold Chain Equipment Market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the Saudi Arabia Cold Chain Equipment Market.


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Saudi Arabia Cold Chain Equipment Market Segmented By Equipment Type (Storage Equipment, Transportation Equipment), By Application (Seafood, Meat, Fruit & Vegetable, Dairy Products, Alternative Protein, Others), By Region, and By Competition, 2018-2028

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One of the most compelling drivers behind the rise of the Cold Chain Equipment Market is the Rise in Pharmaceutical and Healthcare Industry Growth.

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