Sweden Cold Chain Logistics Market Size (2024 - 2029)

Sweden Cold Chain Logistics Market Analysis

The Sweden Cold Chain Logistics Market is estimated to be valued at more than USD 4 billion and is estimated to grow at a CAGR of more than 8% during the forecast period.

• High inflation, which reduced real disposable earnings during last year, and the mounting debt from mortgage loans as monetary policy tightened both limited private consumption.
• Due to sound corporate balance sheets, gross fixed capital formation remained comparatively stable. In the backdrop of the significant terms-of-trade shock, net trade decreased growth as import growth-driven in part by investment-exceeded export growth. Records on both the production and usage sides indicate a 0.6% quarter-over-quarter loss in the economy during the fourth quarter, which saw a decline in GDP.
• In the first half of 2023, the economy is predicted to continue shrinking before strengthening later in the year. Due to the decline in real disposable income, the high level of uncertainty, and the rising unemployment rate, households are preparing to make additional adjustments to their consumer spending. From 2023-Q3 onward, moderate consumption growth is anticipated as the inflation shock fades, real disposable income begins to recover, and the property market hits its lowest point.
• The supply chain is now able to safely move temperature-sensitive products and goods like fresh produce, seafood, frozen meals, photographic film, chemicals, and pharmaceutical pharmaceuticals thanks to technology and a process known as "cold chain logistics". Cold chain logistics has several different uses. The supply chain cycle, which includes warehousing, shipping, and last-mile distribution, is impacted by the use of cold chain logistics.
• Furthermore, some of the modes of transportation used to deliver goods include refrigerated trucks, refrigerated railcars, refrigerated cargo, and air freight. The method for cold storage involves, among other things, temperature-insulated delivery vehicles for product delivery and temperature-controlled facilities for product storage.

Sweden Cold Chain Logistics Industry Segmentation

The market for cold chain logistics entails the logistical planning necessary to preserve the integrity of these shipments while transporting temperature-sensitive goods along a supply chain using thermal and chilled packing techniques. Refrigerated trucks, railcars, air freight, and refrigerated cargo are all common routes of transportation.

The report provides a comprehensive background analysis of the Sweden Cold Chain Logistics market, covering the current market trends, restraints, technological updates, and detailed information on various segments and the industry's competitive landscape. Additionally, the COVID-19 impact has been incorporated and considered during the study. Sweden's cold chain logistics market is segmented By Service (Storage, Transportation, and Value-Added Services), By Temperature Type (Chilled, Frozen, and Ambient), By Application (Horticulture (Fresh Fruits & Vegetables), Dairy Products (Milk, Butter, Cheese, Ice Cream, etc.), Fish, Meat and Poultry, Processed Food, Pharmaceutical (Including Biopharma), and Other Applications). The report offers market size and forecasts for the Sweden Cold Chain Logistics market in value (USD billion) for all the above segments.