Market Size of Egypt Cold Chain Logistics Industry
Study Period | 2020-2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 498.43 Billion |
Market Size (2029) | USD 813.16 Billion |
CAGR (2024 - 2029) | 10.28 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Egypt Cold Chain Logistics Market Analysis
The Egypt Cold Chain Logistics Market size is estimated at USD 498.43 billion in 2024, and is expected to reach USD 813.16 billion by 2029, growing at a CAGR of greater than 10.28% during the forecast period (2024-2029).
- Egypt's maritime shipping, the Suez Canal, and air freight sectors have all been hit hard by the COVID-19 outbreak because they relied on foreign trade flows. Egypt's 48 ports handle nearly 90% of the country's foreign trade. Reduced volumes of incoming cargo have had a major effect on demand for the country's inland transportation system. Over 94 percent of total inland cargo transport uses Egypt's road network.
- Because of its location at the crossroads of Europe, Asia, and Africa, Egypt is a major player in global trade, with the Nile River and the Suez Canal linking the three continents. The nation has 15 Mediterranean ports and 33 on the Red Sea. The transportation and storage sector contributes about 5% of the annual GDP.
- Egypt’s agri-food sector is affected by logistics and transportation hurdles. Fragmented logistics and transport infrastructure and services are the main factors hindering the expansion of the agri-food sector in terms of both investment and exports.
- Long and fragmented supply chain, inadequate cold storage and warehousing facilities, poor handling practices, fragmented transport services, lack of modern logistics infrastructure such as logistics parks, integrated cold chain solutions, last-mile connectivity, customized transportation, technology adoption (barcoding, radio frequency identification) are key impediments to the correct functioning of Egypt’s food system. The COVID-19 pandemic is an opportunity to identify the logistics and transportation bottlenecks and address them.
Egypt Cold Chain Logistics Industry Segmentation
The technology and mechanism that allows for the secure delivery of temperature-sensitive goods and items along the supply chain are known as cold chain logistics. Any product that is perishable or is branded as such would almost certainly need cold chain management. Foods, including meat and fish, produce, medical supplies, and pharmaceuticals, could all fall under this category.
A comprehensive background analysis of the Egypt cold chain logistics market covering the current market trends, restraints, technological updates, and detailed information on various segments and the competitive landscape of the industry. The impact of COVID-19 has also been incorporated and considered during the study.
The Egypt cold chain logistics market is segmented by service (storage, transportation, and value-added services (blast freezing, labeling, and inventory management), by temperature (chilled and frozen), and by end-user (horticulture (fresh fruits and vegetables), dairy products (milk, ice-cream, and butter), meats, fish, poultry, processed food products, pharma, life sciences, and chemicals, and other end users). the report offers market size and forecasts for the Egypt cold chain logistics market in value (USD) for all the above segments.
By Service | |
Storage | |
Transportation | |
Value-added Services (Blast Freezing, Labeling, Inventory Management, etc.) |
By Temperature | |
Chilled | |
Frozen |
By End User | |
Horticulture (Fresh Fruits & Vegetables) | |
Dairy Products (Milk, Ice-cream, Butter, etc.) | |
Meats, Fish, Poultry | |
Processed Food Products | |
Pharma, Life Sciences, and Chemicals | |
Other End Users |
Egypt Cold Chain Logistics Market Size Summary
The Egypt Cold Chain Logistics Market is poised for significant growth, driven by its strategic location at the crossroads of Europe, Asia, and Africa, and its vital role in global trade through the Suez Canal and Nile River. The market is characterized by a fragmented landscape with both global and local players, such as Logistica, Arab Company for Food Industries and Cooling (ACFIC), Custom Storage Company (CSC), Green Line Logistics, and Multifruit Egypt. These companies are leveraging technological advancements to enhance cold chain logistics management, crucial for maintaining the quality of perishable goods. Despite challenges like inadequate cold storage facilities and fragmented transport services, the market is expected to expand as Egypt continues to strengthen its logistics infrastructure to support its robust agricultural export sector, which includes citrus, potatoes, onions, and strawberries.
The cold chain logistics sector in Egypt is also influenced by various national projects and international collaborations aimed at improving food security and resilience against climate change. Initiatives such as the Emergency Food Security and Resilience Support Project and partnerships with entities like the Canadian Embassy and the Food and Agriculture Organization are focused on reducing waste in the supply chain and enhancing agricultural practices. These efforts are complemented by strategic agreements, such as the partnership between Cairo 3A and Driscoll’s International for berry distribution, and the establishment of a vaccine cold storage facility by Sinovac and Vaccera. Such developments underscore the importance of modernizing logistics infrastructure to meet the growing demands of both domestic and international markets, ensuring Egypt's position as a key player in the global cold chain logistics arena.
Egypt Cold Chain Logistics Market Size - Table of Contents
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1. MARKET 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 Evolving consumer preferences towards fresh and frozen products
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1.2.1.2 Innovations in temperature monitoring systems, fleet management solutions, and warehouse automation
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1.2.2 Restraints
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1.2.2.1 Limited cold storage facilities, inadequate transportation networks, and a lack of skilled personnel hinder the efficient functioning of the cold chain logistics sector.
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1.2.3 Opportunities
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1.2.3.1 Collaborating with technology providers can help cold chain logistics companies leverage innovative solutions.
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1.3 Technological Trends and Automation
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1.4 Government Regulations and Initiatives
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1.5 Industry Value Chain/Supply Chain Analysis
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1.6 Spotlight on Ambient/Temperature-controlled Storage
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1.7 Industry Attractiveness - Porter's Five Forces Analysis
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1.8 Impact of Emission Standards and Regulations on Cold Chain Industry
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1.9 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Service
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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
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2.2.1 Chilled
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2.2.2 Frozen
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2.3 By End User
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2.3.1 Horticulture (Fresh Fruits & Vegetables)
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2.3.2 Dairy Products (Milk, Ice-cream, Butter, etc.)
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2.3.3 Meats, Fish, Poultry
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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 End Users
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Egypt Cold Chain Logistics Market Size FAQs
How big is the Egypt Cold Chain Logistics Market?
The Egypt Cold Chain Logistics Market size is expected to reach USD 498.43 billion in 2024 and grow at a CAGR of greater than 10.28% to reach USD 813.16 billion by 2029.
What is the current Egypt Cold Chain Logistics Market size?
In 2024, the Egypt Cold Chain Logistics Market size is expected to reach USD 498.43 billion.