Regional Analysis Of Central Luzon For Cold Storage Business
Central Luzon has been identified as the 3rd highest contributor to the GDP of the Philippines with provinces such as Bulacan and Nueva Ecija ranking in the top 10 earning provinces. Moreover, it is also the third most populous region having the highest number of educational institutions (220 colleges and universities) outside Metro Manila which has led to a high young population in the region. Central Luzon is a strategically located region in the middle of Luzon Island and distant from a major fault line. It is protected by typhoons by the surrounding Zambales and the Sierra Madre mountain ranges which encourage businesses operations to invest in the region and set the path for industrialization. Additionally, the region also experiences infrastructural advantages including the setting up of global cities, the establishment of industrial parks, increasing investment in a railway network growing airport expansion thereby improving the prospects of trade and production in the country.
In addition to this, the region also experiences high demand for products such as ~, ~, and ~. Central Luzon is also one of the major regions for meat and seafood imports thereby indicating high demand for cold storages in the region. The region is expected to witness a growth in demand for products such as pharmaceutical and medicinal products used for vaccination which will correspondingly augment the demand for temperature-controlled cold storages as well. The leading provinces in the region observing high demand for cold storage services include ~, ~, ~, ~and ~. The region is also experiencing a high demand for third-party cold chain logistics services. Captive companies are observed preferring logistics companies over captive companies for meeting their cold storage requirements as food production and processing companies experience high utilization and occupancy rates of their cold storages and focus on meeting their own requirements instead of other captive companies.
Competitive Advantages for Setting up Cold Storage in Central Luzon
Companies operating in the cold storage industry of Central Luzon can undertake designated steps to improve their performance and position in the industry. They can opt for automation, maximize cube density storage, control loss of heat, increase the use of warm solutions, undertake suitably dock to stock processes, track humidity and moisture and clean the cold storage facility. The companies can also ensure ideal temperature ranges required by several categories of products such as fruits, vegetables, dairy products, confectioneries, and several others.
Moreover, companies can also identify the major products that can be stored in the cold storage facilities on the basis of their ideal holding life in the cold storage or duration of cold storage. Different cold storage infrastructure components require distinguished set-up locations and are used for different purposes as well.
Factors Determining Cold Storage Design in Central Luzon: The design of a cold storage facility is subject to variation on the basis of key contributing factors such as the location of the facility, products that ought to be stored, temperature range required for maintaining shelf life, additional services required and several other contributing factors. The decisions for cold storage design are made for warehousing layout, temperature-controlled storage areas, cold rooms, and freezer rooms, staging area, loading areas other areas, temperature mapping, and qualification. The cold storage warehouse is also capable of layouts such as ‘U-flow’ and ‘Throughflow’ warehouses in the region of Central Luzon.
Emerging Technologies In Central Luzon Cold Storage Market
Companies in Central Luzon have been identified to undertake several advanced technological mechanisms and installations to stay competitive in the cold storage industry of the region. They have been identified to incorporate technologies such as EDI, RFID, Cloud technology, automated pallets, blast freezers, sustainable technology, WMS, and other such installations.
Radiofrequency identification uses radio waves to feed information between tags attached to stock and readers that pick up the signal.
Challenges Encountered By Captive Companies in Central Luzon Cold Storage Market
Cold storage industry in Central Luzon is a high demand and high growth industry in the region owing to high production of meat and seafood products. However, the industry continues to experience a significant number of challenges including depreciative impact of cold on types of equipment, labor, batteries, electric lift trucks, and inefficient time management, and policy compliance, lack of proper care of food products, improper labelling of racks and individual products and high pricing especially among logistics companies.
Key Target Audience:-
Captive Cold Storage Companies
Logistics Companies
Cold Storage Technology Companies
Cold Chain Associations
Logistics Associations
Private Equity Firms
Venture Capitalists
Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2018-2023E
Case Studies Covered:-
Jentec Cold Storage
Royale Cold Storage
Nestle Philippines Inc
Central Luzon Cold Transport Market
Central Luzon Third Party Logistics Market
Central Luzon Cargo and cold chain logistics
Central Luzon Cold Storage Market Segmentation
Central Luzon Cold Storage Market Revenue
Central Luzon Nestle Philippines
Central Luzon Dairy Product Storage Companies
Central Luzon Cold Storage Advantage
Cold Storage Market in Central Luzon
Central Luzon Cold Storage Market
Central Luzon Cold Storage Industry
Polar Express Cold Chain Logistics Central Luzon
Rented Temperature Controlled Warehouse Central Luzon
Third-Party Cold Chain Logistics Central Luzon
Central Luzon Cold Chain Market Forecast
Central Luzon Cold Chain Market Growth
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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