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 QSR” provides 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.
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:-
Related Reports:-
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