Nigeria’s cold chain market is expanding rapidly, projected to grow from $1.33 billion in 2026 to $2.69 billion by 2031 at a 12.5% CAGR. Driven by the urgent need to curb post-harvest fruit and vegetable losses- which historically reach 50%- the sector is modernizing temperature-controlled storage and reefer transport networks to connect agricultural hubs directly with urban markets.
The Lagos-Ogun industrial corridor serves as the country’s primary logistics nucleus, leveraging localized free zones, port access, and dense consumer demand for import consolidation and pharmaceutical distribution. Major industry operators like MDS Logistics and DHL Supply Chain are scaling multi-client refrigerated warehouses, solar-powered decentralized cold rooms, and advanced pallet-equivalent storage capacity.
Future growth relies on intensive infrastructure investment, including validated pharmaceutical rooms and real-time traceability systems. While power reliability and financing costs remain operational challenges, hybrid solar solutions and pay-per-use models are improving unit economics and building resilient supply chains nationwide.
Summarized from the original article published here: Ken Research
