Showing posts with label Growth Cold Chain Logistics. Show all posts
Showing posts with label Growth Cold Chain Logistics. Show all posts

Friday, August 31, 2018

Thailand Cold Chain Market Research Report to 2022: Ken Research

The report titled “Thailand Cold Chain Market Forecast to 2022 - By Type (Cold Storage and Cold Transport), By 3PL, By Temperature Range, By Region, By International and Domestic Cold Transport and By Modes of Transport (Ground, Air and Sea)” 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.
The report facilitate the readers with identification and in-depth analysis of the existing trends prevalent in the industry and anticipated growth in the future depending upon changing industry dynamics incoming years. The report is useful for cold chain companies, pharmaceutical companies, agriculture companies, frozen food companies, ready to eat manufacturers, QSR companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Market Overview
The cold chain market includes cold storage and cold transport market. The market is in a growth stage and there are quite a few players providing complete logistics services for multiple products such as meat, vegetables, dairy, poultry and pharmaceuticals. The services include Cold Storage, Cold Transport, Inventory Management, Custom Clearance and other 3PL logistics services. Smaller players cater to only limited portfolio of products/services. Thailand is a major food destination in the world. The country’s income is expected to grow in the near future with the rise in the export of processed food. Thailand government vision in making Thailand “Kitchen of the World” has led to significant investment in the development of complete supply chain for food logistics.
Cold storage capacity is surging and underscoring the focus of the government, this number will see a significant growth in future. The cold storage facilities are utilized in majority by meat and seafood which are importing and exporting companies, followed by Poultry and Eggs. Confectionaries also contribute to a major portion of the usage percentage of the existing facilities. The occupancy rate of the cold storage facilities across the industry is high. Thailand represents an attractive opportunity for refrigerated logistics service providers to serve the growing pharmaceutical industry. Increase in the number of supermarkets and restaurant have triggered the demand for cold storage and transport systems to keep the products fresh and maintain their quality.
Thailand Cold Chain Market Segmentation
By Cold Storage and Cold Transport
Cold storage market has second highest share to the overall cold chain market in Thailand for the year 2017. Cold storage demand is rising consistently in Thailand as it is emerging as one of the major exporter of agricultural and marine products in ASEAN. The main strategy for the companies operating in cold storage is to build their facilities closer to the major ports and airports due reduce their transportation cost and gain a competitive advantage among domestic as well as foreign clients. Cold transport have dominated the cold chain market in 2017 owing to the fact that the cost involved in the cold transport is relatively much higher than  the cost involved in cold storage. The revenue margins are much higher in cold transport than in cold storage.
Third Party Temperature Controlled Logistics
Most of the food manufacturers and importers in Thailand demand 3PL Cold storage logistics solutions owing to cost concerns, consumer preferences and avoiding the complexities involved in the product handling, management and storage. Due to heightened demand of the Cold Storage facility, cold storage companies run their facilities at full capacity and they have to outsource their excess storage to 3PL players adding to the revenue contribution of these 3PL players.
By Region
Most of the Cold storage facilities are located in the Bangkok region near Samut Prakhan province. Bangkok contributed highest revenue in the cold storage market in Thailand in 2017. The area is preferred because of its close proximity to the Klong Toey Port, the largest port in Thailand, and Suvarnabhumi Airport.
Competitive Landscape for Thailand cold Chain Market
Thailand cold chain market is highly fragmented in nature and is at the nascent stage. The companies compete on various parameters including the warehouse capacity, number of pallets, fleet, temperature range, network coverage and locations. The major players in Thailand cold chain market include JWD Logistics, Yokrei Cold Storage, Sinchai Cold Storage, Kainoke Cold Storage, Bangkok Cold Storage, CTD Cold Storage, Thai Max Cold Storage, SCG Cold Logistics and others.
Thailand Cold Chain Future
Thailand cold chain market is anticipated to increase at a positive CAGR during 2017-2022 owing to the surging demand for refrigerated deliveries and warehouses near major population centers. The frozen food and pharmaceutical industry are anticipated to grow which will increase the demand for cold storage and transport facilities.
Key Topics Covered in the Report:
Thailand Logistics Infrastructure
Value Chain Analysis in Thailand Cold Chain Market
Thailand Cold Chain Market Overview and Genesis
Thailand Cold Chain Market Size
Thailand Cold Chain Market Segmentation
Trends and Developments in Thailand Cold Chain Market
Issues and Challenges in Thailand Cold Chain Market
Competitive Landscape of Major Players in Thailand Cold Chain Market
Snapshot on Thailand Third Party Logistics
Industry Norms and Regulations in Thailand Cold Chain Market
Thailand Cold Chain Market Future Outlook and Projections
Macroeconomic Factors affecting Thailand Cold Chain Market
Analyst Recommendation for Thailand Cold Chain Market
Products Covered:
Thailand Cold Chain Market by Type (Cold Storage and Cold Transport), by Ownership (3PL and Owned); by Temperature Range of Cold Storage; by Region (Bangkok and Others); by Domestic and International Cold Transport and By Mode of transport (Ground, Air and Sea)
Companies Covered:
JWD Logistics, Yokrei Cold Storage, Sinchai Cold Storage, Kainoke Cold Storage, Bangkok Cold Storage, CTD Cold Storage, Thai Max Cold Storage, SCG Cold Logistics
For more information on the research report, refer to below link:
Related Reports
Contact Us:
Ken Research 
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Wednesday, July 18, 2018

Oman Cold Chain Market is Driven by Rising Demand and Change in the Government Economic Policies resulting in Huge Requirement for the Development of Cold Storage Facilities: Ken Research


The report titled Oman Cold Chain Market Outlook to 2022 - By Type (Cold Storage and Cold Transport); By End-user Industries (Meat and Seafood, Poultry and Eggs, Confectionaries and Others); By Entity (Logistics Owned and 3PL) by Ken Research suggested a positive CAGR of 11.4% in terms of total revenue of the Oman cold chain logistics market in the next 5 years till 2022.
Most of the food manufacturers and importers in Oman demand cold storage facilities from the contractors owing to cost concerns, consumer preferences and to avoid the complexities involved in the product handling, management and storage.
There has been increase in the cold storage capacity by increase in the number of cold storage pallets and cold transport infrastructure by companies to cater to rising demand in Cold Storage facilities.          
Omani government decision to diversify the economy of the country to reduce its huge dependence on oil money has led them to earmark Logistics as key industry. This is majorly to leverage the geographical advantage of Oman as the entry gate of GCC. With this huge investment in logistics infrastructure, Oman will be the entry point of all major goods entering into GCC especially the food import. The cold storage facilities are maximum utilized by meat and seafood importing and exporting companies, followed by Poultry and Eggs. Confectionaries also contribute to a major portion of the usage percentage of the existing facilities. Increase in the number of supermarkets and restaurant have triggered the demand for cold storage and transport systems to keep the products fresh and maintain their quality. There has been a rise in ‘just in time’ inventory systems utilized by various companies to meet the demand for different products such as meat, fisheries and agricultural and food products.
Rise in E-commerce and the growing tech savvy population has triggered the online ordering of food which has enhanced the demand for cold storage systems as various foods and drinks require cold storage. The capacity of Oman Cold chain industry has increased over the years. With the rise in food and pharmaceutical imports in the future the demand for cold storage facilities in Oman is further going to peak up. Major players in the cold chain logistics are preparing for this expected increase in demand by expanding their capacity.
For more information on the research report, refer to below link:
Related Reports
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/india-cold-chain-market/143603-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/vietnam-cold-chain-market/142347-100.html
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-9015378249

Thursday, June 28, 2018

Oman Cold Chain Industry is Heating up with Rising Demand for Meat & Sea Food : Ken Research


New Technological Change in Cold Chain Industry
According to Harsh Mittal, Senior Research Analyst at Ken Research, “Cold chain logistics infrastructure network can be improved by covering all major food consumption and production areas. New technologies involving the use of IOT in the monitoring of the cold chain and new refrigeration technology such as NXT COLD employing Electronic Refrigerant Injection Control Technology can be used to improve energy efficiency as the biggest cost of running a cold storage plant is of electricity.”
Ken Research estimates that the cold chain market in Oman is expected to grow at CAGR of 11.4% for the next five years to reach over USD 75 million by 2022.”
Oman have been chosen as a hot spot for cold chain sector due to strategic location and rapid diversification of economic activities basis which the sector has seen increase in investment activities. The government has made huge attempts to diversify the economy and reduce its dependence on oil. The logistic sector has been identified as the major sector which can contribute to the GDP of the country because of the strategic geographical location of Oman. With the development in the logistics sector and increase in the trade amount of goods with temperature dependent storage requirement, the demand for cold storage infrastructure have continued to prosper.
Early Stage Cold Chain Sector
Cold Chain sector in Oman is currently in its early growth stage however, there are limited players which provide cold chain services to varied end users such as meat, vegetables, dairy, poultry and pharmaceuticals. Cold storage capacity, which is generally measured in the number of pallets, stands at 400,000 as on December 2017 and looking at the focus of the government to make Oman a gateway to all the goods that arrive at GCC by developing the infrastructure and employing the latest technology,
Oman cold chain market is highly concentrated in nature and is at the nascent stage because of poor infrastructure, imperfect logistics system and low promotions. The major players in the country in the cold chain services include Agility Logistics, Al Madina Logistics, Enhance Oman, AL Khaleej Cold Store and ILS Logistics. Cold chain companies compete on various factors including the storage capacity, number of pallets, space, distribution network, number of clients, service verticals and others.
Compelling Potential with Growing End User Industries
Growth in end user industries for cold chain services such as pharmaceuticals, meat & seafood, frozen food and others have increased the demand for both cold transport and cold storage in the country. E-commerce industry has grown at a significantly high rate which has given a boost to the cold chain industry. However, despite of surge in demand, the occupancy rate of the cold storage facilities across the industry currently stands at around 60%. Cold Chain companies usually hold the inventory for 60-90 days. The price for the cold storage facility is OMR 0.35 per pallet per day.
The growing consumption of food and increasing food safety concerns in the market as well as the growing trend among Omani people for the consumption of frozen meat and seafood is anticipated to propel the demand of cold chain services in Oman. In addition to this, growth in pallet capacity by cold chain companies and establishment of global logistics partner will support market growth.
For more information on the research report, refer to below link:
Related Reports
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-9015378249


Friday, June 8, 2018

Oman Cold Chain Market is Led by Rising Demand for Frozen Food, Ready to Eat, Fruits and Vegetable Sector: Ken Research


Analysts at Ken Research in their latest publication Oman Cold Chain Market Outlook To 2022 - By Type (Cold Storage and Cold Transport); By End user Industries (Meat and Seafood, Poultry and Eggs, Confectionaries and Others); By Entity (Logistics Owned and 3PL) believe that capacity expansion, tie ups with e-commerce players and using innovative warehousing and cognitive/ smart temperature technologies in the industry will aid Oman cold chain market to develop.
Oman Cold Chain market is expected to register a healthy five year CAGR of around 11.4% during the period 2017-2022. Rising e-commerce and commercialization of warehouse management systems are expected to have positive impact on the demand for cold storage and cold transport.

·         The government initiatives to diversify the economy and reduce the dependence of Oman’s economy on oil have led to huge investment in the development of infrastructure to promote Logistics industry and ultimately establish Oman as Logistics hub in GCC. This will increase the demand for cold storage services.
·         The rise in the demand for processed meat and seafood is expected to increase in the country which will support the requirement of the cold storage and transport services.
·         The express logistics market is expected to drive the cold chain logistics market owing to the shipments consisting of perishable items

Growth in Demand for Reefer Trucks and Cold Storage
There has been a steady growth in the demand for refrigerated trucks in Oman. The increasing demand for frozen food and ready to eat meals triggered the growth in cold transport market in the country. There has been rise in the consumption of frozen foods and ready to eat meals largely due to surge in the business of hyper marts and convenience stores across Oman. The import and export of fruits and vegetables, sea food, meat, confectionary products have driven the temperature controlled logistics industry.
Oman is a large consumer of fish at 28 kgs per person per year and there has been an increased focus from the government to increase the fish production of the country. This will also calls for huge investment in cold storage facilities. The E-commerce market in MENA region is expected to grow substantially in the future which will increase the demand for Cold Storage facilities as a large part of the E-commerce growth are expected to come from online grocery delivery.
For more information on the research report, refer to below link:
Related Reports
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-9015378249


Wednesday, April 25, 2018

China Cold Chain Market is driven by Rising Demand for Fresh Imported Fruits Coupled with Development of Cold Storages: Ken Research

Rising demand for refrigerated trucks and increased investments in relatively small cold chain will drive China cold chain market in future.
The report titled “China Cold Chain Market Outlook to 2022 - by Cold Storage and Cold Transport and by Industries (Meat and Seafood, Fruits and Vegetables, Bakery, Pharmaceutical and Others)” by Ken Research suggested a positive CAGR in terms of total revenue of the china cold chain logistics market in the next 5 years till 2022.
China’s growing demand for fresh food offers significant opportunities for exporters of perishable foods provided that China makes the required investments in transportation, storage and distribution infrastructure. Europe and the Netherlands in particular are major suppliers of food and agricultural products to China. The demand for fresh fruit produce has been growing in China over the years owing to the rise in middle class population of the country and the emergence of a new generation of consumers willing to spend more on healthy food. Among the fresh fruit imported from Southeast Asia, Durians, Longans and Mangosteens have been the top sellers. These products have high requirement of cold storage and transport services as they demand temperature controlled environment owing to their perishable nature. The imports of fresh fruits in China have been increasing.
The cold storages in China were built according to the mode of civil engineering and occupy dominant position in China but this building structure does not apply to the modern cold chain mode operation. The reconstruction of cold storages and construction of new cold storages will impact the market in a positive manner. Most of the cold storage in China was built in the 1990s, mainly using ammonia as a refrigerant which is highly toxic and prone to explosion. Therefore, the cold storage that is dominated by carbon dioxide refrigeration systems is the mainstream development. The air-conditioned library (which controls the gas composition in the storage on the basis of an ordinary cold storage in order to achieve preservation) is developing in China cold storage market.
The integration of online and offline commerce in the country has risen the demand for cold chain. This integration is between an e-commerce platform and an offline retail store. Jingdong and Wal-Mart shared their inventory of the online platform and offline store with in-depth integration. Alibaba Group and Bealead Group reached a strategic cooperation based on big data and IT with integration innovation, new retail technology research and development, efficient supply chain integration, payment financial interconnection.
Key Topics Covered in the Report:
Comparative Analysis of China Cold Chain Logistics Market with Asia Pacific Cold Chain Logistics
China Logistics Infrastructure
Value Chain Analysis in China Cold Chain Market
China Cold Chain Market Overview and Genesis
China Cold Chain Market Size
China Cold Chain Market Segmentation
Trends and Developments in China Cold Chain Market
Issues and Challenges in China Cold Chain Market
SWOT Analysis of China Cold Chain Market
Competitive Landscape of Major Players in China Cold Chain Market
Snapshot on China Third Party Logistics
Industry Norms and Regulations in China Cold Chain Market
China Cold Chain Market Future Outlook and Projections
Macroeconomic Factors affecting China Cold Chain Market
Analyst Recommendation for China Cold Chain Market
For more information on the research report, refer to below link:
Related Reports
Contact Us:
Ken Research 
Ankur Gupta, Head Marketing & Communications
+91-9015378249