Showing posts with label Cold Transport Market. Show all posts
Showing posts with label Cold Transport Market. Show all posts

Tuesday, February 26, 2019

Cold Storage Likely to Dominate the Cold Chain Market accounting for Largest Revenue Share in Philippines Cold Chain Market: Ken Research


Old and dilapidated trucks and buses will be the next to be banned from roads as part of the public utility vehicle modernization program, which kicked off at the start of the year with the gradual phase-out of old vehicles. The ban of trucks is expected to deeply impact the cold storage business in the country.
Analysts at Ken Research in their latest publication Philippines Cold Chain Market Outlook to 2023 – By Service Mix (Cold Storage Market and Cold Transportation) expect the market to register a tremendous growth in terms of value during the forecast period 2019E-2023E. Increase in government support is expected to have positive impact on the market future growth.
Philippines Cold Chain Market: Cold Chain Market in Philippines consists of services such as cold storage and cold transportation. The market witnessed a significant growth after the launch of ‘Philippines National Cold Chain Program’ in 2004 which helped in establishment of cold chain facilities in major areas of North, Central and South Philippines. Government initiatives such as ‘Philippines Cold Chain Project’ launched in 2014, the ‘Build, Build, Build’ government initiative launched in 2018 to improve the state of infrastructure in the country, the annual Philippines Cold Chain Expo by CCAP and the growing number of quick service restaurants in the country have also been vital factors for the growth in market.
Driving Factors of Philippines Cold Chain Market: Pharmaceutical products especially vaccines require cold chain facilities such as transport and storage at -20C to ensure preservation. Philippines is the third largest market for pharmaceutical products among ASEAN countries, hence the demand of cold chain in the country has been supported by the pharmaceutical applications. Also, the market has been supported by the government initiatives such as setting up of US supported Philippines Cold Chain Project (PCCP) have also played a major role in the development of cold chain infrastructure in Philippines. Furthermore, more than half of the animal meat consumed in Philippines is from fish or other seafood products. The production in the country has consistently fallen over the last five years which has negatively affected supply of fresh fish in Philippines. Thus, Filipinos are forced to resort to frozen seafood products which are imported from neighboring countries. This has encouraged the frozen seafood market of Philippines and has subsequently augmented the demand for cold chain services in the country.
Competition in Philippines Cold Chain Market: There are number of leading players in Philippines Cold Chain Market. The cold chain companies in the country were competing on parameters such as location, price, temperature range and integrated services.
Some of the companies that operate in Philippines Cold Chain Market are Jentec Storage Inc., Vifel Ice Plant and Cold Storage Inc., Glacier Megafridge Inc., Royal Cargo Inc., Royal Cold Storage Inc., Koldstor Inc., Polar Bear Freezing & Storage Corporation, Big Blue Logistics Corporation, Arctic Cold Storage, Antarctica Cold Storage, Frabelle Cold Storage, Mets Logistics, Royal Cargo, 2Go Logistics, Jentec Cold Storage Inc., LBC Express, and more.
Future of Philippines Cold Chain Market: The future prospect of the cold chain industry in Philippines looks quite promising. The growth of the Philippines cold chain market is expected to accelerate over the forecasted period 2019-2023 owing to initiation of the Philippines Cold Chain Project and other cold chain programs conducted by both the government and CCAP. Furthermore, augmenting sales of meat, seafood and pharmaceuticals are expected to lay the foundation for growth in Philippines cold chain market during the period 2019-2023. These factors will augment the revenues in the Philippines cold chain market. However, cost of doing business such as having to wade through government’s bureaucracy and to cope with unexpected and unplanned costs which are extra costs which exert adverse impact on the industry overall competitiveness.
Keywords:-
Philippines Cold Chain Market
Philippines Cold Storage Market
Philippines Cold Transportation Market
Philippines third Party Cold Chain Market
Philippines Cold Storage Capacity
Number of Cold Storages in Philippines
Philippines Pallet Capacity
Philippines Cold Storage Temperature Ranges
Philippines Cold Storage Firms
Government Regulation in Philippines Cold Storage
Philippines Cold Chain Trends
Philippines Cold Chain Challenges
Philippines Cold Chain SWOT Analysis
Philippines Cold Storage Warehouse
Key Segments Covered:-
Philippines Cold Chain Market
Philippines Cold Chain Market Size
Philippines Cold Chain Market Segmentation
By Type of Market
By Products
Philippines Cold Chain Market Future Outlook
Philippines Cold Storage Market
Philippines Cold Storage Market Size
Philippines Cold Storage Market Segmentation
By Operations
By Temperature
By Size of Firms
By Region
By Ownership
Philippines Cold Storage Future Outlook
Philippines Cold Transportation Market
Philippines Cold Transportation Market Size
Philippines Cold Transportation Market Segmentation
By Mode of Transport
By Mode of Land Transport
By Location
By Vicinity
By Ownership
Philippines Cold Transportation Future Outlook
Key Target Audience:-
Cold Storage Companies
Cold Chain Companies
Active and Passive Pallet Manufacturers
Freight Forwarding Companies
Companies Seeking Col Chain Solutions
Cold Chain Logistics Companies
Companies seeking logistics services
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023
Companies Covered:-
Jentec Storage Inc.
Vifel Ice Plant and Cold Storage Inc.
Glacier Megafridge Inc.
Royal Cargo Inc.
Royal Cold Storage Inc.
Koldstor Inc.
Polar Bear Freezing & Storage Corporation
Big Blue Logistics Corporation
Arctic Cold Storage
Antarctica Cold Storage
Frabelle Cold Storage
Mets Logistics
Royal Cargo
2Go Logistics
Jentec Cold Storage Inc
LBC Express
For more information on the research report, refer to below link:-
Related Reports By Ken Research:-
The report provides a comprehensive analysis of cold chain market in Vietnam. The report covers Vietnam Cold Chain Market by Type (Cold Storage and Cold Transport), by Industries (Meat and Seafood, Pharmaceutical, Fruits and Vegetables, Bakery and Others), by Type of Cold Storage (Rented and Owned), by Demand for Cold Storage by Region (HCM, Hanoi and others), by Type of Cold Storage (Manufacturing Cold Storage, Trading Cold Storage And Bonded Warehouse Cold Storage), by Size of Cold Storage Firms (Small, Medium and Large), by Domestic and International Cold Transport. The report also covers market in different aspects such as supply chain analysis, competitive landscape and company profiles for major players including Swire Cold Storage Vietnam Limited, Lotte Logistics Vietnam Co. Ltd, Konoike Vina, CLK Cold Storage Company Limited, Hung Vuong Corporation, Sojitz and Kokubu, Mekong Logistics Company Limited, Kuehne Nagel, Preferred Freezer Services, Panalpina, Triton Container International, DB Schenker, Agility Logistics Vietnam, APL Vietnam, Maersk Line, MP Logistics, Vinafco Vietnam.
The report provides a comprehensive analysis of cold chain market in Indonesia. The report focuses on overall market size, cold chain market segmentation by Cold Storage and Cold Transport, by Product Type (Meat and Seafood, Vaccines and Pharma Products, Bakery and Confectionary, Fruits and Vegetables and Others). The report also covers Comparison of Multiple Cold Storage Firms, Industry Norms and regulations, Growth Drivers and Trends, Issues and Challenges and competitive benchmarking. The report concludes with market projection for future.
The report provides information on market size for India cold chain, cold storage and cold transport. The report covers aspects such as cold chain market segment (by cold storage and cold transport, by type of products), cold storage market segment (by organized and unorganized, by size of firms, by products, by domestic and international cold storage, by region and by owned and rented cold storage), cold transport market segment (by organized and unorganized, by domestic and international cold chain transport, by mode of transport and by domestic and international cold chain companies), competitive landscape of major players in India cold chain market and covering competitive landscape of major cold chain companies including RK Foodland, Snowman Logistics, Cold Star Logistics, Schedulers, Gubba Cold Storage, Kailash Agro Cold Storage, M J Logistics Services, Deccan Cold Storage Pvt Ltd, Dev Bhumi Cold Chain, Gati Kausar Cold Chain Solutions and ColdEx Pvt. Ltd. The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions.
The report provides a comprehensive analysis of cold chain market in China. The report covers market size, Market segmentation by Type (Cold Storage and Cold Transport), by Industries (Meat and Seafood, Fruits and Vegetables, Bakery, Pharmaceutical and Others), by Type of Cold Storage (3PL and Owned), by Demand for Cold Storage by Region (East China, South Central, North East, South West, North West and North China), by Size of Warehouses (Small, Medium and Large), by Domestic and International Cold Transport and By Modes of transport (Road, Air and Sea). The report also covers value chain analysis, competitive landscape and company profiles for major players including including Swire Cold Storage Limited, Solidus logistics, Itochu Logistics, SF Express, Rokin Logistics China, DCH Logistics, CMAC, Zheng Ming Logistics, Xianyi Supply Chain, SinoTrans PFS, Zhong Rong Logistics , Shanghai Jiaoyun , Speed Fresh Logistics, HAVI Logistics (Beijing) Co., Ltd., China Railway Express Co., Ltd., Dalian Refrigeration Co., Ltd., Dalian Tianbao Green Foods Co., Ltd., Shanghai Jiaoyun Rihong International Logistics Co., Ltd. in China cold chain market. The report provides detailed overview on future outlook & projections with analyst recommendations for the industry.
The report provides a comprehensive analysis of cold storage, cold transport and 3PL temperature controlled logistics market in Thailand. The report covers market size, segmentation on the basis of cold storage and cold transport and by the ownership, temperature range of the facilities and by the region. The report also covers value chain analysis, competitive landscape and company profiles for major players in Thailand cold chain market. The report provides detailed overview on future outlook & projections with analyst recommendations for the industry.
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91 9015378249

Monday, January 9, 2017

Expanding E-tail sector and Increase in Import & Export Value will drive the Logistics & Warehousing Market of Saudi Arabia: Ken Research

Rising e-commerce industry in the country has triggered the demand for logistics and warehousing services in past few years. This has also accelerated the market size of express delivery, as all the companies in e-commerce industry in the country are offering the express delivery services and last mile delivery. Majority of the companies in the country has tie ups with logistic companies to ship their products from ware houses to the end customers. In line with this, Saudi Arabia’s retail sector is booming as the government eases restrictions on foreign investment and rising young population in the kingdom. The country has one of the fastest-growing retail sectors in the world, growing at 11% per annum. The expanding retail industry in the country has majorly attributed to the increase in the market size of the logistic industry of Saudi Arabia with an increased requirement of hyperlocal logistics. The increase in the retail stores, super & hyper marts in the country has triggered the demand for logistics & warehousing space. The rise in demand for freight forwarding services from the factory units to the retail stores has attributed in the market growth of the logistics industry.





Trade scenario in a country always tends to have a favorable influence on the country’s logistics sector. The kingdom of Saudi Arabia is the largest economy in the GCC region. It accounts for 25% of the Arab’s GDP. The kingdom has oil based economy with strong government controls over major economy activities. The export of oil to other countries and rising import of different items from other countries to Saudi Arabia has triggered the demand of freight forwarding and warehouse storage in the country. Also, increase in the government support by increasing the capacity of the ports will result in rising demand of logistics & Warehousing industry in the kingdom.
Saudi Arabia’s economy is heavily dependent upon the exports of oil products. Petroleum exports accounted for more than 95% of merchandise exports in 2012-2013. Also, they constitute for about 40% of GDP. Total merchandise exports in Saudi Arabia accounted for USD 201.7 billion in 2015. Although total exports grew at a healthy rate during the period 2010-2012, they declined sharply after 2012. Growing exports have played a key role in the growth of logistic industry as ports and airports get huge business owing to logistics.
According to Research Analyst, Ken Research, the companies should expand their resources by increasing their fleet and warehousing capacity. Moreover, the companies should focus on regularly updating their warehouse with modern technologies to provide better services to the clients. This will increase the capacity of the company to offer better service to the clients which will positively impact the revenues of the company. Companies should also expand their warehouses to handle the cold storage items. As, in future it has been anticipated that the logistic market will be driven by cold storage segment and hence large warehousing capacity for different temperature zone will be required.
The report titled “Saudi Arabia Logistics & Warehousing Market Outlook to 2020 - Expanding Industrial and Retail Activities Supported by Infrastructure Spending to Support Growth” provides detailed overview on the Logistics & Warehousing market and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for freight forwarding companies, warehousing companies, Cold chain companies, 3PL companies and express logistics companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
For more information about the publication, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/saudi-arabia-logistics-market-report/77655-100.html
Related Reports:
Philippines Cold Chain Market Outlook to 2020 - Government Initiatives and Rising Consumer Demand for Frozen Food to Foster Future Growth
Philippines Logistics Market Outlook to 2020 - Driven by Customized Logistics, E-commerce Activities and Changes in Freight Forwarding
UAE Logistics Market Outlook to 2019 - Driven by Infrastructural Investment and Expanding Foreign Trade
 Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249