Market Size of Italy Cold Chain Logistics Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 8.76 Billion |
Market Size (2029) | USD 13.92 Billion |
CAGR (2024 - 2029) | 9.73 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Italy Cold Chain Logistics Market Analysis
The Italy Cold Chain Logistics Market size is estimated at USD 8.76 billion in 2024, and is expected to reach USD 13.92 billion by 2029, at a CAGR of 9.73% during the forecast period (2024-2029).
- Italy has established itself as a global frontrunner in freight and cold chain logistics. Following Germany, Italy ranks as Europe's second-largest market for combined domestic rail transport. Each year, Italy's rail and road networks manage around 1.6 million twenty-foot equivalent units (TEU) and 12.3 million metric tons.
- Italy's burgeoning e-commerce landscape is fueling a rise in online grocery shopping. A recent analysis revealed that in 2024, Italy's food and grocery market, valued at EUR 75.5 billion (USD 79.57 billion), saw online sales accounting for 6% of the total, equating to EUR 4.6 billion (USD 4.85 billion). Online sales surged by 6.2% from the previous year, outpacing the 1.5% growth in brick-and-mortar stores. Sources emphasize that food purchases are at the forefront of Italy's online shopping trends. Key consumer drivers include conveniences such as affordable delivery, efficient shipping, and a seamless purchasing experience.
- Italian online grocery shoppers demonstrate notable loyalty, with repeat purchases exceeding 70%. While personal care and beauty account for 9% of Italy's digital retail market, food and beverage hold a 6% share. 'Near Food' items, which include household and hygiene products, show a 3% online penetration, aligning with broader European patterns. In 2024, 27.1% of Italian shoppers utilized online platforms for food purchases, an 8.8% increase from the previous year. Additionally, 21% of Italians intend to boost their food spending in 2024, emphasizing a preference for healthier options.
- In conclusion, Italy's logistics and e-commerce sectors are experiencing significant growth, driven by advancements in transportation and a shift towards online grocery shopping and cold chain logistics market.
Italy Cold Chain Logistics Industry Segmentation
The cold chain logistics market involves transporting temperature-sensitive products along a supply chain through thermal and refrigerated packaging methods and the logistical planning to protect the integrity of these shipments. Transportation modes are refrigerated trucks, railcars, refrigerated cargo, and air cargo.
The report provides a comprehensive background analysis of the market, covering the current market trends, restraints, technological updates, and detailed information on various segments and the competitive landscape of the industry.
The Italy Cold Chain Logistics Market is segmented by services (Storage, Transportation, and Value-added Services), temperature type (Ambient, Chilled, and Frozen), and application (Horticulture (Fresh Fruits and Vegetables), dairy products (Milk, Ice-cream, Butter, etc.), meat and fish, processed food products, pharma, life sciences, and chemicals, and other applications). The report offers market size and forecast values (USD) for all the above segments.
By Services | |
Storage | |
Transportation | |
Value-added Services (Blast Freezing, Labeling, Inventory Management, etc.) |
By Temperature Type | |
Ambient | |
Chilled | |
Frozen |
By Application | |
Horticulture (Fresh Fruits and Vegetables) | |
Dairy Products (Milk, Ice-cream, Butter, etc.) | |
Meats and Fish | |
Processed Food Products | |
Pharma, Life Sciences, and Chemicals | |
Other Applications |
Italy Cold Chain Logistics Market Size Summary
The Italian cold chain logistics market is poised for significant growth, driven by its strategic position in central Europe and a highly developed transport network. The market is experiencing a resurgence after a period of stagnation, fueled by increased demand in sectors such as healthcare, pharmaceuticals, and e-commerce. The COVID-19 pandemic initially posed challenges, leading to a decline in revenue due to disrupted supply chains and reduced production activities in key industries like food and beverages. However, the subsequent rise in demand for frozen foods and pharmaceuticals during lockdowns provided a boost to the cold chain logistics sector. Italy's robust export performance and the growing awareness of food waste reduction have further propelled the market, highlighting its potential for expansion in the coming years.
Italy's cold chain logistics industry is characterized by a fragmented market with numerous domestic and international players. The sector is witnessing collaborations and new entries, although challenges such as high operating costs and insufficient development persist. Major players like Safim Logistics, Frigocaserta SRL, and Eurofrigo Vernate SRL are prominent in the market. The logistics sector in Italy has attracted significant investment, with international investors showing increased interest, which has enhanced market liquidity. Despite macroeconomic uncertainties and rising financing costs, the market continues to attract attention as a high-potential logistics destination in Europe. The demand for cold chain facilities is expected to grow, driven by advancements in technology and the need to maintain food quality, particularly in the food and beverage sector.
Italy Cold Chain Logistics Market Size - Table of Contents
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1. MARKET DYNAMICS AND INSIGHTS
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1.1 Current Market Scenario
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1.2 Market Dynamics
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1.2.1 Drivers
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1.2.1.1 Rise in Ecommerce
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1.2.1.2 Increase in Demand for Persiable Products
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1.2.2 Restraints
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1.2.2.1 Shortage of Drivers
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1.2.2.2 Increasing Energy and Fuel Costs
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1.2.3 Opportunities
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1.2.3.1 Automated Warehouses
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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1.4 Technological Trends and Automation
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1.5 Government Regulations and Initiatives
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1.6 Industry Value Chain/Supply Chain Analysis
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1.7 Spotlight on Ambient/Temperature-controlled Storage
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1.8 Impact of Emission Standards and Regulations on Cold Chain Industry
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1.9 Effect of Geopolitical Events on the Market
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2. MARKET SEGMENTATION
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2.1 By Services
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2.1.1 Storage
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2.1.2 Transportation
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2.1.3 Value-added Services (Blast Freezing, Labeling, Inventory Management, etc.)
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2.2 By Temperature Type
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2.2.1 Ambient
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2.2.2 Chilled
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2.2.3 Frozen
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2.3 By Application
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2.3.1 Horticulture (Fresh Fruits and Vegetables)
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2.3.2 Dairy Products (Milk, Ice-cream, Butter, etc.)
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2.3.3 Meats and Fish
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2.3.4 Processed Food Products
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2.3.5 Pharma, Life Sciences, and Chemicals
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2.3.6 Other Applications
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Italy Cold Chain Logistics Market Size FAQs
How big is the Italy Cold Chain Logistics Market?
The Italy Cold Chain Logistics Market size is expected to reach USD 8.76 billion in 2024 and grow at a CAGR of 9.73% to reach USD 13.92 billion by 2029.
What is the current Italy Cold Chain Logistics Market size?
In 2024, the Italy Cold Chain Logistics Market size is expected to reach USD 8.76 billion.