Report Overview

Australia and New Zealand Cold Chain Logistics Market – Industry Trends & Forecast Report, 2030

The Australia and New Zealand Cold Chain Logistics Market size was estimated at USD 16.03 billion in 2023. During the forecast period between 2024 and 2030, the Australia and New Zealand Cold Chain Logistics Market size is projected to grow at a CAGR of 10.33% reaching a value of USD 24.05 billion by 2030. Prominent drivers of the market are the growing manufacturing and retail sectors, rising disposable income, and increased investment from foreign companies. Investments in infrastructure, e-commerce, and cold chain facilities are further fueling market expansion. Cold chain logistics involves technology and processes to ensure the safe transport of temperature-sensitive goods throughout the supply chain, covering products like fresh produce, seafood, frozen foods, chemicals, and pharmaceuticals. The sector employs various transportation modes, including refrigerated trucks, railcars, air cargo, and refrigerated ships, along with temperature-controlled warehouses for storage. Also, the growing importance of e-commerce in Australia and New Zealand is a major factor in driving the cold chain logistics market. The increasing popularity of quick and contactless online shopping is boosting the demand for perishable goods, thus creating more opportunities for cold chain logistics to support this sector.

Cold Chain Logistics – Overview

Cold chain logistics involves the transport and storage of temperature-sensitive products within a controlled temperature range to ensure quality and safety. This process is crucial for industries dealing with perishables like food, pharmaceuticals, and chemicals. Specialized equipment, such as refrigerated trucks, railcars, ships, airplanes, and temperature-controlled warehouses, is used to maintain the correct temperature throughout the supply chain. Sophisticated monitoring systems help ensure consistency from production to delivery. Cold chain logistics is essential for preserving the integrity and effectiveness of products, supporting industries where maintaining product quality is critical for safety and compliance.

Australia and New Zealand Cold Chain Logistics Market

Growth Drivers

Rising Healthcare Needs

Rising healthcare needs are driving growth in the Australia and New Zealand (ANZ) Cold Chain Logistics Market. The increasing demand for vaccines, especially during global health emergencies, has underscored the importance of a reliable cold chain. As healthcare systems expand to meet rising needs, the ANZ Cold Chain Logistics Market is evolving to ensure that temperature-sensitive products like vaccines and other pharmaceuticals are transported and stored safely. Investments in advanced cold chain infrastructure, such as purpose-built vaccine refrigerators and sophisticated temperature-monitoring devices, are becoming more common. These advancements not only support the healthcare sector but also boost the broader Cold Chain Logistics Market in Australia and New Zealand. This growth is driven by the need for secure and efficient delivery of critical healthcare products.

Challenges

Fluctuations in Fuel Prices

Fluctuating fuel prices are a major challenge for the ANZ Cold Chain Logistics Market, impacting transportation and refrigeration costs. Rising diesel prices increase operating expenses, leading to budgeting uncertainties for logistics companies. Additionally, the cost of refrigerants has escalated due to stricter regulations, further complicating the financial landscape. To address these challenges, companies are exploring alternative energy sources and fuel-efficient transportation methods, such as electric or hybrid vehicles. By optimizing logistics to reduce fuel consumption, the sector aims to mitigate the impact of fuel price fluctuations on its operations.

Impact of Geopolitical Tensions on Australia and New Zealand Cold Chain Logistics Market

The Australia and New Zealand Cold Chain Logistics Market is impacted by geopolitical tensions in several ways. These tensions often lead to trade disruptions, increased tariffs, and regulatory uncertainties, affecting the smooth flow of goods across international borders. As the Australia and New Zealand Cold Chain Logistics Market relies heavily on international trade for sourcing and exporting goods, geopolitical instability can disrupt supply chains, leading to delays and increased costs. Tensions with major trading partners can also result in changes to customs and trade agreements, complicating the movement of perishable goods. This may require companies to re-evaluate their logistics strategies, invest in alternative routes, or increase inventory to mitigate risks. Ultimately, the impact of geopolitical tensions on the Australia and New Zealand cold chain logistics market underscores the need for flexibility and resilience in supply chain management.

Australia and New Zealand Cold Chain Logistics Market

Segmental Coverage

Australia and New Zealand Cold Chain Logistics Market – By Type

By type, the Australia and New Zealand Cold Chain Logistics Market is bifurcated into Refrigerated Warehouse and Refrigerated Transport segments. The refrigerated warehouse segment holds a higher share in the Australia and New Zealand Cold Chain Logistics Market by type. It provides temperature-controlled storage for perishable goods like food and pharmaceuticals. These facilities use advanced cooling systems to maintain temperatures from deep-freezing to chilling, ensuring product quality and safety. Insulated construction minimizes heat transfer, while automated systems and sensors optimize storage, retrieval, and temperature monitoring. Also, safety and compliance are paramount, with warehouses adhering to strict industry standards. For instance, NewCold's AU$240 million investment in a new cold storage warehouse in Sydney's west. This facility, holding over 80,000 pallets, meets the rising demand for refrigerated storage, helping food manufacturers increase production and adapt to market changes. The warehouse's advanced technology and energy efficiency reinforce the segment's importance in the ANZ Cold Chain Logistics Market.

Australia and New Zealand Cold Chain Logistics Market – By Temperature

Based on temperature, the Australia and New Zealand Cold Chain Logistics Market is split into Frozen and Chilled segments. The frozen segment holds a higher share in the Australia and New Zealand Cold Chain Logistics Market by temperature. It is primarily due to the longer shelf life and reduced risk of spoilage compared to chilled products. Frozen goods, like meats, seafood, and processed foods, can be stored and transported at sub-zero temperatures, ensuring they remain intact over longer distances and periods. This durability allows for more extensive distribution networks and export opportunities, driving the growth of the frozen segment. Additionally, consumer demand for frozen convenience foods has risen, leading to increased production and storage needs, further contributing to the segment's dominance in the Australia and New Zealand Cold Chain Logistics Market.

Australia and New Zealand Cold Chain Logistics Market – By Technology

On the basis of technology, the Australia and New Zealand Cold Chain Logistics Market is divided into Dry Ice, Gel Packs, Eutectic Plates, Liquid Nitrogen, and Quilts segments. The dry ice segment holds the highest share in the Australia and New Zealand Cold Chain Logistics Market by technology. It can be attributed to its unique ability to maintain deep-frozen temperatures. Dry ice, or frozen carbon dioxide, can reach temperatures as low as -75 degrees Celsius, which is ideal for transporting perishable goods like food and pharmaceuticals over long distances. This capability is crucial for the cold chain, where consistent cold temperatures ensure product integrity and safety. Dry ice's versatility makes it the preferred technology for various industries. It sublimates into gas, reducing the risk of moisture damage, and is more practical and cost-effective than alternatives like liquid nitrogen.

Australia and New Zealand Cold Chain Logistics Market – By Application

By application, the Australia and New Zealand Cold Chain Logistics Market is divided into Dairy & Frozen Desserts, Pharmaceuticals, Process Food, Meat, Fish & Seafoods, Bakery & Confectionery, and Fruits & Vegetables segments. The meat, fish & seafoods segment holds the highest share in the Australia and New Zealand Cold Chain Logistics Market by application. It is primarily due to the substantial demand for these perishable products and the strict temperature control they require. These goods are highly sensitive to temperature fluctuations, necessitating reliable cold chain logistics to ensure freshness and safety. Australia and New Zealand are major producers and exporters of meat, fish, and seafood, with significant international trade in these products. The high demand for quality protein sources, both domestically and globally, drives the need for advanced cold chain logistics. This segment's substantial share reflects the critical role of maintaining a consistent cold chain to prevent spoilage, ensure food safety, and meet consumer expectations for high-quality products.

Competitive Landscape

Major players operating in Australia and New Zealand Cold Chain Logistics Market include Americold Logistics, Karras Cold Logistics, Americold, Star Track Express, QMC Logistics, Laverton Cold Storage, Auscold Logistics PTY Ltd, and Chill Freeze Logistics & Storage. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In September 2023 - DHL Supply Chain became the primary logistics provider for Alcon in Australia by extending their partnership to DHL's Sydney warehouse, supporting Alcon's distribution of vision care and surgical products. DHL offers compliance with medical device standards and scalable operations, ensuring efficient delivery across Australia and New Zealand.

• In September 2023 - SAP collaborated with Linfox, Australia's largest privately-owned logistics company, to develop a custom Digital Warehouse Solution (DWS), reducing customer onboarding time from four months to just four to six weeks.

Scope of the Report

By Type

• Refrigerated Warehouse

• Refrigerated Transport

By Temperature

• Frozen

• Chilled

By Technology

• Dry Ice

• Gel Packs

• Eutectic Plates

• Liquid Nitrogen

• Quilts

By Application

• Dairy & Frozen Desserts

• Pharmaceuticals

• Process Food

• Meat, Fish & Seafoods

• Bakery & Confectionery

• Fruits & Vegetables

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Australia and New Zealand Cold Chain Logistics Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rising Healthcare Needs
         2. Growth of E-commerce
         3. Increasing demand from various end-users
      2. Restraints
         1. High Infrastructure Costs
         2. Fluctuations in Fuel Prices
      3. Opportunities
         1. Focus on Sustainability
         2. Increasing Technological Advancements
      4. Challenges
         1. Strict Regulations
         2. Fragmented Market
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Australia and New Zealand Cold Chain Logistics Market: Marketing Strategies
5. Australia and New Zealand Cold Chain Logistics Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
         1. Refrigerated Warehouse
         2. Refrigerated Transport
      2. By Temperature
         1. Frozen
         2. Chilled
      3. By Technology
         1. Dry Ice
         2. Gel Packs
         3. Eutectic Plates
         4. Liquid Nitrogen
         5. Quilts
      4. By Application
         1. Dairy & Frozen Desserts
         2. Pharmaceuticals
         3. Process Food
         4. Meat, Fish & Seafoods
         5. Bakery & Confectionery
         6. Fruits & Vegetables
6. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Australia and New Zealand Cold Chain Logistics Company Market Share Analysis, 2023
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
7. Impact of Escalating Geopolitical Tensions on Australia and New Zealand Cold Chain Logistics Market
8. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
   1. Americold Logistics
   2. Karras Cold Logistics
   3. Americold
   4. Star Track Express
   5. QMC Logistics
   6. Laverton Cold Storage
   7. Auscold Logistics PTY Ltd
   8. Chill Freeze Logistics & Storage
   9. Other Prominent Players
9. Key Strategic Recommendations
10. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
       1. Secondary Research
       2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumptions & Limitations

*Financial information of non–listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in–depth secondary research for the final deliverable.

List of Figures

Figure 1    Australia and New Zealand Cold Chain Logistics Segmentation

Figure 2    Australia and New Zealand Cold Chain Logistics Market Value Chain Analysis

Figure 3    Company Market Share Analysis, 2023

Figure 4    Australia and New Zealand Cold Chain Logistics Market Size, By Value (USD Million), 2019–2030

Figure 5    Australia and New Zealand Cold Chain Logistics Market Share, By Type, By Value, 2019–2030

Figure 6   Australia and New Zealand Cold Chain Logistics Market Share, By Temperature, By Value, 2019–2030

Figure 7    Australia and New Zealand Cold Chain Logistics Market Share, By Technology, By Value, 2019–2030

Figure 8    Australia and New Zealand Cold Chain Logistics Market Share, By Application, By Value, 2019–2030

List of Tables

Table 1        Australia and New Zealand Cold Chain Logistics Market Size, By Value (USD Million), 2019–2030

Table 2        Australia and New Zealand Cold Chain Logistics Market Share, By Type, By Value, 2019–2030

Table 3        Australia and New Zealand Cold Chain Logistics Market Share, By Temperature, By Value, 2019–2030

Table 4        Australia and New Zealand Cold Chain Logistics Market Share, By Technology, By Value, 2019–2030

Table 5        Australia and New Zealand Cold Chain Logistics Market Share, By Application, By Value, 2019–2030

Table 6        Americold Logistics Company Overview

Table 7        Americold Logistics Financial Overview

Table 8        Karras Cold Logistics Company Overview

Table 9        Karras Cold Logistics Financial Overview

Table 10      Americold Company Overview

Table 11      Americold Financial Overview

Table 12      Star Track Express Company Overview

Table 13      Star Track Express Financial Overview

Table 14      QMC Logistics Company Overview

Table 15      QMC Logistics Financial Overview

Table 16      Laverton Cold Storage Company Overview

Table 17      Laverton Cold Storage Financial Overview

Table 18      Auscold Logistics PTY Ltd Company Overview

Table 19      Auscold Logistics PTY Ltd Financial Overview

Table 20      Chill Freeze Logistics & Storage Company Overview

Table 21      Chill Freeze Logistics & Storage Financial Overview

Table 22      Other Prominent Players Company Overview

Table 23      Other Prominent Players Financial Overview