Monday, November 30, 2020

JNPT Cluster on account of its proximity to the port has emerged as a suitable warehouse hub for EXIM cargo that is mainly inbound: Ken Research

Strategic Location: Located closer to the financial capital of India, JNPT has an advantage of having access to a very well connected highway network. The cluster has proximity to the Mumbai-Goa highway and the Mumbai-Pune highway, largely handling cargo traffic for Maharashtra, Madhya Pradesh, Gujarat, Karnataka, as well as most of North India.

Rising Demand of Cold Storage: Increase in exports and imports of agricultural and pharmaceutical products along with government support for investment in cold chain infrastructure, the demand for cold storages from other end user industries like meat and seafood, pharma, and frozen food and QSR is expected to grow in the future, as well as from fresh food which was previously not stored in cold storages.

Navi Mumbai Airport Influence Notified Area (NAINA): Significant residential, commercial, educational, entertainment, trading, cargo, port and industrial activity hubs would be developed in this region driving the demand for cold storage space in the upcoming years.

Increase in Demand for Agricultural Products: The fruit and vegetable processing industry in India is likely to expand at a compound annual growth rate (CAGR) of ~7.62% between FY 2018 and FY 2023 to reach a value of INR 256.4 Bn in FY 2023. Demand for Agricultural products along with imports and exports of exotic fruits and vegetables are expected to increase over the forecast period thereby increasing the demand for cold storage facilities in JNPT.

Increased Innovation: With greater investment and more quality demanding clientele, the market is expected to fully embrace the wide spectrum of innovations such as WMS, RFID tags and be truly global standard.

The report titled Business Potential for Cold Storage Facility in JNPT Outlook to FY25 – Driven by increasing Trade of food products and Pharmaceuticals along with growth in QSRprovides a comprehensive analysis on the status of the cold storage market in the JNPT area in Mumbai. The report covers various aspects including the current market scenario in JNPT, pricing trends, pros and cons for setting up cold storage in the area, major growth drivers, investment in infrastructure, tech disruptions and innovations, and competition benchmarking. The report concludes with market projections for future of the industry including forecasted industry size by revenue and pallet positions along with potential end users.

Key Segments Covered:-

JNPT Cold Storage Market

Pallets By Temperature Range

Freezers

Chillers

Ambient

Pallets By End Users

Agriculture

Pharmaceuticals

QSRs

Bakery and Confectionery

Dairy

Meat and Seafood

Others

Companies Covered:-

Snowman Logistics

Savla Cold Storage

JWL Cold Store

Rishi Ice and Cold Storage

Western Superfresh

Kool Solutions India

Primanand Cold Storage

Mehta Cold Storage

Snow-Ex

Supreme Cold Storage

ColdStar Logistics

Vishal Ice Factory And Cold Storage

Crescent Cold Storage

A. A. Cold Storage

Mayur Cold Storage

Radha Krishna Foodland

Igloo Cold Storage

Eskimo Cold Storage

Winter Logistics (DP World Company, Lease from Allana)

Omni Fresh Agro

Alps Ice and Cold Storage

Khanna Ice and Cold Storage,

Bhoir Ice Factory and Cold storage Pvt LTD,

Libran Cold Storage

iAhmed Cold Storage

Key Target Audience:-

Cold Storage Companies

Cold Chain Association

End Users for Cold Storage Companies

3PL Companies

Consultancy Companies

Logistics/Warehousing Companies

Real Estate Companies/ Industrial Developers

Time Period Captured in the Report:-

Historical Period – 2017-2019

Forecast Period – 2020-2025F

For More Information on the research report, refer to below link:-

Cold Storage Market in JNPT

Related Reports:-

India Logistics Market Outlook To FY24–Driven By Government Infrastructure Push, New Age Logistics Startups, And Technology Innovation

UAE Cold Chain Market Outlook To 2025 – By Cold Storage (Ambient, Chilled And Frozen Warehousing) And Cold Transport (Land, Sea And Air), By End User (Dairy Products, Meat And Seafood, Pharmaceuticals, Fruits And Vegetables And Others) And By Ownership (Integrated And Contract Logistics)

Turkey Logistics And Warehousing Market Outlook To 2025 – By Domestic And International Freight Forwarding Throughput, Revenue & Flow Corridor (Road Freight And Pipelines, Sea, Air And Rail Freight), By Warehousing (Industrial / Retail, Container Freight / Inland Container Depot & Cold Storage), By 3PL, Courier Express & Parcel, Domestic And Cross Border E-Commerce Logistics

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

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