ASEAN Cold Chain Logistics Market Size and Share

ASEAN Cold Chain Logistics Market (2025 - 2030)
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ASEAN Cold Chain Logistics Market Analysis by Mordor Intelligence

The ASEAN Cold Chain Logistics Market size is estimated at USD 18.77 billion in 2025, and is expected to reach USD 24.33 billion by 2030, at a CAGR of 5.33% during the forecast period (2025-2030).

Demand is rising because online grocery penetration, vaccine distribution, and cross-border trade reforms are widening temperature-controlled distribution requirements across Southeast Asia. Operators are racing to add energy-efficient warehouses and multi-modal refrigerated transport fleets that meet tighter food-safety and GDP standards. Competitive dynamics favor providers that couple dense storage networks with digital tools for real-time temperature visibility, as last-mile reliability is now a decisive factor in contract awards. Consolidation is underway as global integrators acquire regional specialists to lock in strategic sites near major consumption hubs.

Key Report Takeaways

  • By service type, refrigerated storage led with 52% revenue share in 2024; value-added services are projected to expand at a 4.10% CAGR through 2030.
  • By temperature type, frozen storage accounted for 41% share of the ASEAN cold chain logistics market size in 2024, while chilled storage is expected to advance at a 4.90% CAGR through 2030.
  • By application, meat & seafood captured 27% share of the ASEAN cold chain logistics market size in 2024; vaccines & clinical trial materials are forecast to grow at a 5.22% CAGR to 2030.
  • By geography, Indonesia held 22% of the ASEAN cold chain logistics market share in 2024 and Thailand is forecast to register a 5.10% CAGR between 2025 and 2030.

Segment Analysis

By Service Type: Diversified Storage Anchors Growth

ASEAN cold chain logistics market size for refrigerated storage reached USD 9.77 billion in 2024, equal to 52% of total value. High humidity and equatorial temperatures across the archipelago economies mandate year-round temperature control, making storage networks the backbone of integrated solutions. Providers differentiate by adding automated pallet shuttles, multi-chamber zoning, and HACCP-certified quality management that reduce handling errors. Many exporters adopt public multi-tenant warehouses to de-risk capital outlays, contracting dedicated bays during harvest peaks. Second-generation facilities near Surabaya and Laem Chabang incorporate solar rooftops and thermal-energy storage to shave peak-hour electricity charges, illustrating how ESG imperatives align with cost control within the ASEAN cold chain logistics market.

Value-added services generated USD 1.23 billion in 2024 and delivered the fastest 4.10% CAGR to 2030, buoyed by pharmaceutical kitting, customs pre-clearance, and IoT-enabled condition reporting. GDP-compliant repacking rooms and GDP-validated labeling booths inside regional gateways improve turnaround for high-value clinical shipments. Specialized cleaning, blast-freezing, and ripening chambers allow fresh-produce exporters to meet retailer-specific shelf-life requirements. The convergence of e-commerce and courier segments sparks demand for pick-and-pack operations that support small-batch delivery, broadening the addressable base for third-party logistics providers in the ASEAN cold chain logistics market.

ASEAN Cold Chain Logistics Market: Market Share by Service Type
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By Temperature Type: Chilled Momentum Builds

Frozen storage held 41% of the ASEAN cold chain logistics market share in 2024, anchored by seafood, poultry, and prepared foods, which can remain in freezers for months without compromising safety. Investment focuses on high-density mobile racking and cascade refrigeration for energy efficiency. Still, chilled capacity expands faster at a 4.90% CAGR because supermarkets and meal-kit companies demand farm-fresh produce and ready-to-eat salads with tighter temperature tolerances. Operators retrofit facilities with humidity controls and ethylene scrubbers to extend produce freshness, reducing shrinkage for retailers.

Deep-frozen and ultra-low segments below −20°C show niche but accelerating uptake as mRNA vaccine deployment widens. Providers adopt phase-change packaging and active containers to maintain ultra-cold temperatures during intercontinental flights from Singapore’s airport pharma zone to end-sites across ASEAN. Ambient cross-dock rooms facilitate temperature transitions between modes without breaking cold integrity. Collectively, these innovations elevate the ASEAN cold chain logistics market size devoted to temperature-precision services and diversify revenue streams beyond commodity frozen warehousing.

ASEAN Cold Chain Logistics Market: Market Share by Temperature Type
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By Application: Traditional Proteins Meet Biologic Disruption

Meat & seafood still command the largest revenue slice, contributing USD 5.07 billion in 2024, reinforced by ASEAN’s status as a leading shrimp and chicken exporter. Supply chains integrate on-site blast-freezers and brine chillers at processing plants, and digital catch certificates help fishermen preserve export eligibility to the European Union. Nonetheless, vaccine and clinical-trial materials carve out the steepest 5.22% CAGR as regional pharma output scales. Ultra-cold depots in Penang Science Park and Singapore Tuas Biomedical Park receive biologic APIs that require 24-hour monitoring and redundant cooling.

Fruits & vegetables benefit from government post-harvest loss reduction programs that subsidize chilled trucks and pack-houses. Dairy and frozen desserts enjoy tailwinds from rising urban incomes and café culture. Ready-to-eat meals thrive on app-driven demand, stimulating investment in cook-chill kitchens inside multi-temperature facilities. Chemicals and specialty materials, although smaller, need strict humidity and temperature governance to prevent polymer degradation, reinforcing the versatility required of ASEAN cold chain logistics market participants.

Geography Analysis

Indonesia’s dominance arises from scale and archipelagic logistics complexity that require multimodal networks linking more than 17,000 islands; yet supply still lags demand, keeping utilization high and pricing firm. Warehousing clusters around Jakarta, Surabaya, and Makassar handle imported beef and domestic poultry surpluses, while coastal container ports add reefer plugs to support seafood exports. Government toll-road projects shorten transit times, although power reliability outside Java remains a persistent challenge within the ASEAN cold chain logistics market.

Thailand enjoys superior infrastructure maturity, enabling rapid deployment of temperature-controlled trucks that service agro-clusters in Chiang Mai and Nakhon Sawan before feeding Bangkok’s hypermarkets. The country also positions itself as a transshipment conduit, capitalizing on the ASEAN Single Window and bonded warehouses along the Eastern Economic Corridor that consolidate inbound pharma, dairy, and confectionery headed to CLMV markets. State-supported R&D on natural refrigerants facilitates lower lifecycle costs for new warehouses.

Vietnam leverages free-trade pacts to pull in seafood and electronics supply chains, bolstering demand for export-ready cold stores along the Hai Phong–Hanoi corridor. E-commerce is projected to hit USD 52 billion by 2025, intensifying last-mile chilled delivery requirements in Ho Chi Minh City. Singapore, despite land limits, commands premium yields thanks to GDP-certified clusters near Changi that secure multinational clinical-trial shipments. Malaysia’s halal compliance framework differentiates its cold chain services, while the Philippines’ island geography creates niche air-cargo opportunities albeit at higher cost structures.

Competitive Landscape

The ASEAN cold chain logistics market hosts a dynamic mix of global integrators, regional champions, and tech-enabled startups, leading to moderate fragmentation. DHL’s EUR 500 million (USD 551.82 million) Asia Pacific healthcare spend and its March 2025 acquisition of CRYOPDP underscore the strategic pivot toward pharma and biologics. UPS follows with a USD 250 million commitment, including a new Clark hub in the Philippines geared toward cold-chain parcels.

Regional specialists such as JWD Logistics and Royal Cargo invest in automated storage and retrieval systems to lock in anchor clients across meat, seafood, and vaccine verticals. Technology disruptors like Indonesia’s Paxel deploy cloud dashboards and AI routing engines to win same-day grocery contracts in Greater Jakarta. Strategic collaborations proliferate: YCH Group partners Vietnam Post to embed blockchain into SME logistics flows, illustrating how digital ecosystems grant smaller shippers end-to-end visibility.

Compliance-driven barriers raise entry costs, favoring incumbents with certified facilities. The ASEAN mutual recognition agreement on PIC/S GMP standards requires strict process documentation, directing pharma clients toward operators that can demonstrate audit readiness. ESG differentiation intensifies as investors ask for greenhouse-gas metrics before funding new builds. Lineage Logistics and Nichirei Logistics ramp up greenfield projects, leveraging global expertise in low-charge ammonia systems to edge out local rivals on energy efficiency.

ASEAN Cold Chain Logistics Industry Leaders

  1. Nippon Express

  2. Deutsche Post DHL

  3. Yusen Logistics (Part of NYK Line)

  4. DSV

  5. United Parcel Service (UPS)

  6. *Disclaimer: Major Players sorted in no particular order
ASEAN Cold Chain Logistics Market
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Recent Industry Developments

  • January 2025: Nippon Express opened the NX Tomakomai Hazardous Materials Logistics Park in Hokkaido, adding advanced temperature-controlled storage for semiconductor supply chains.
  • April 2025: DHL announced a EUR 2 billion global health-logistics plan with EUR 500 million earmarked for Asia Pacific GDP-certified hubs.
  • March 2025: DHL Group acquired CRYOPDP, adding 600,000 annual specialty health shipments to its network.
  • December 2024: CH Group and Vietnam Post agreed to develop a blockchain-enabled digital logistics marketplace for SMEs.

Table of Contents for ASEAN Cold Chain Logistics Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 E-commerce Boom Fuelling Last-Mile Cold Distribution
    • 4.2.2 Rising Demand for Perishable Foods and Seafood Exports
    • 4.2.3 Pharmaceutical and Vaccine Temperature-Controlled Logistics Surge
    • 4.2.4 ASEAN Single Window Accelerating Cross-Border Cold Freight
    • 4.2.5 Halal-Compliant Logistics Requirements in Malaysia and Indonesia
    • 4.2.6 ESG Funding Favouring Green Refrigerants and Energy-Efficient Assets
  • 4.3 Market Restraints
    • 4.3.1 Fragmented Infrastructure and Unreliable Power Supply
    • 4.3.2 High Urban Land and Energy Costs for Cold Facilities
    • 4.3.3 Kigali-Driven Refrigerant Phase-Out Compliance Costs
    • 4.3.4 Skilled Talent Shortage in IoT-Enabled Temperature Monitoring
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry
  • 4.8 Impact of Emission Standards and Regulations
  • 4.9 Insights into Refrigerants and Packaging Materials
  • 4.10 Insights into Halal Standards and Certifications (ID and MY)
  • 4.11 Insights into Ambient / Temperature-controlled Storage
  • 4.12 Impact of COVID-19 and Post-pandemic Recovery

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Service Type
    • 5.1.1 Refrigerated Storage
    • 5.1.1.1 Public Warehousing
    • 5.1.1.2 Private Warehousing
    • 5.1.2 Refrigerated Transportation
    • 5.1.2.1 Road
    • 5.1.2.2 Rail
    • 5.1.2.3 Sea
    • 5.1.2.4 Air
    • 5.1.3 Value-Added Services
  • 5.2 By Temperature Type
    • 5.2.1 Chilled (0-5°C)
    • 5.2.2 Frozen (-18-0°C)
    • 5.2.3 Ambient
    • 5.2.4 Deep-Frozen/Ultra-Low (less than-20°C)
  • 5.3 By Application
    • 5.3.1 Fruits and Vegetables
    • 5.3.2 Meat and Poultry
    • 5.3.3 Fish and Seafood
    • 5.3.4 Dairy and Frozen Desserts
    • 5.3.5 Bakery and Confectionery
    • 5.3.6 Ready-to-Eat Meals
    • 5.3.7 Pharmaceuticals and Biologics
    • 5.3.8 Vaccines and Clinical Trial Materials
    • 5.3.9 Chemicals and Specialty Materials
    • 5.3.10 Other Perishables
  • 5.4 By Geography
    • 5.4.1 Singapore
    • 5.4.2 Thailand
    • 5.4.3 Vietnam
    • 5.4.4 Indonesia
    • 5.4.5 Malaysia
    • 5.4.6 Philippines
    • 5.4.7 Rest of ASEAN

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.4.1 Deutsche Post DHL
    • 6.4.2 Nippon Express
    • 6.4.3 United Parcel Service (UPS)
    • 6.4.4 Yusen Logistics (Part of NYK Line)
    • 6.4.5 DSV
    • 6.4.6 Yamato Transport
    • 6.4.7 JWD Logistics
    • 6.4.8 Royal Cargo
    • 6.4.9 KOSPA Logistics
    • 6.4.10 PT Wahana Cold Storage
    • 6.4.11 Thai Max Co. Ltd
    • 6.4.12 HAVI Logistics
    • 6.4.13 Lineage Logistics
    • 6.4.14 Kuehne + Nagel
    • 6.4.15 Nichirei Logistics
    • 6.4.16 Kerry Logistics
    • 6.4.17 AJ Total Vietnam
    • 6.4.18 YCH Group
    • 6.4.19 Linfox
    • 6.4.20 MGM Bosco Logistics

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-need Assessment
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ASEAN Cold Chain Logistics Market Report Scope

Cold chain refers to temperature-controlled logistics procedures. A complete background analysis of the ASEAN Cold Chain Logistics Market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact is included in the report.

The ASEAN cold chain logistics market is segmented by service, temperature, and geography. By service, the market is segmented by storage, transportation, and value-added service. By temperature, the market is segmented into ambient, chilled, and frozen. By application, the market is segmented into horticulture, dairy products, meats and fish, processed food products, pharma, life sciences, chemicals, and other applications, and by geography, the market is segmented by Singapore, Thailand, Vietnam, Indonesia, Malaysia, Philippines and Rest of ASEAN. 

The report offers market size and forecasts for the ASEAN cold chain logistics market in value (USD) for all the above segments.

By Service Type
Refrigerated Storage Public Warehousing
Private Warehousing
Refrigerated Transportation Road
Rail
Sea
Air
Value-Added Services
By Temperature Type
Chilled (0-5°C)
Frozen (-18-0°C)
Ambient
Deep-Frozen/Ultra-Low (less than-20°C)
By Application
Fruits and Vegetables
Meat and Poultry
Fish and Seafood
Dairy and Frozen Desserts
Bakery and Confectionery
Ready-to-Eat Meals
Pharmaceuticals and Biologics
Vaccines and Clinical Trial Materials
Chemicals and Specialty Materials
Other Perishables
By Geography
Singapore
Thailand
Vietnam
Indonesia
Malaysia
Philippines
Rest of ASEAN
By Service Type Refrigerated Storage Public Warehousing
Private Warehousing
Refrigerated Transportation Road
Rail
Sea
Air
Value-Added Services
By Temperature Type Chilled (0-5°C)
Frozen (-18-0°C)
Ambient
Deep-Frozen/Ultra-Low (less than-20°C)
By Application Fruits and Vegetables
Meat and Poultry
Fish and Seafood
Dairy and Frozen Desserts
Bakery and Confectionery
Ready-to-Eat Meals
Pharmaceuticals and Biologics
Vaccines and Clinical Trial Materials
Chemicals and Specialty Materials
Other Perishables
By Geography Singapore
Thailand
Vietnam
Indonesia
Malaysia
Philippines
Rest of ASEAN
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Key Questions Answered in the Report

What is the 2025 value of the ASEAN cold chain logistics market?

It stands at USD 18.77 billion, with a forecast to reach USD 24.33 billion by 2030.

Which service type leads spending?

Refrigerated storage accounts for 52% of 2024 revenue, reflecting high demand for temperature-controlled warehousing.

Which country is the largest revenue contributor?

Indonesia holds 22% of total value thanks to extensive domestic demand and archipelago logistics complexity.

What application segment is growing fastest?

Vaccines and clinical-trial materials are expanding at a 5.22% CAGR as regional pharmaceutical capacity rises.

How is sustainability affecting cold-chain investment?

ESG-linked funding favors natural refrigerants and energy-efficient systems, lowering lifecycle costs and emissions.

What are the main barriers to wider cold-chain adoption?

Grid unreliability, high urban land prices, refrigerant phase-out costs, and shortages of IoT-skilled labor constrain expansion.

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