Showing posts with label Number of Cold Storages in Philippines. Show all posts
Showing posts with label Number of Cold Storages in Philippines. Show all posts

Tuesday, September 27, 2022

The Philippines Cold Chain Market is expected to contribute PHP 22.3 Bn in the near future owing to rising domestic consumption of meat and seafood along with increasing government initiatives and investments in the sector: Ken Research

Philippines News

  • Government is planning to increase infrastructure expenditure reaching approximately 7% of GDP by 2022. This is projected to positively impact road network for cold transport services.
  • Most cold storages in Philippines are NMIS accredited. However, an uptake in the ISO and LEED certifications for cold storages is projected during the period 2021 to 2026 for several cold storage companies.
  • Major cities apart from Metro Manila such as Cebu, Davao and Navotas are emerging as a hot bed for frozen warehousing since most of the industrial regions are also located nearby.

Philippines Cold Chain Logistics Market Analysis:

Adopting Automation and Modern Technologies: Technological advancement is expected to play a major role and new facilities are being built to improve the efficiency of food supply storage and its distribution. Examples include IoT sensors that monitor food temperature and communicate the data to cloud-based analytics dashboards. Artificial Intelligence (AI) is then used to correlate data from various sources such as power cost, weather, distribution logistics, cooling capacity and schedules to provide the optimum storage and distribution infrastructures.

Expanding Cold Chain Market: Infrastructural development by the government, increasing number of food businesses and inclining number of cold transport companies propelled the market.   Moreover, the rapid shift of distribution of food products from traditional markets toward supermarkets and convenience stores is increasing the need for reefer trucks as major distributors hire 3PL for shipping via insulated trucks.

Increase Tie-ups with Various End-User Companies: Cold chain companies are collaborating with the producers of temperature-sensitive products such as meat and seafood, fruits and vegetables, dairy products, bakery and confectionery, pharmaceuticals and others, in order to build long-term associations with them and procure bulk orders. Additionally, improving lifestyle, modernization and growing young population, the frozen food service industry is expected to grow at a robust CAGR during the forecast period of 2021 to 2027, thereby augmenting cold chain companies’ demand.

Analysts at Ken Research in their latest publication “Philippines Cold Chain Market Outlook to 2026F: Driven by Rising Meat and Seafood Consumption Owing to Growing Millennial Population Albeit Infrastructure Challenges” by Ken Research observed that the market is highly fragmented and is home to 100+ cold transportation & storage players enabling the market to transform over the years. The market is currently in the growth stage owing to rising domestic consumption of meat and seafood along with increasing government initiatives and investments in the sector, is expected to contribute to the market growth over the forecast period. The Philippines Cold Chain Market is expected to grow at a CAGR of 9.3% over the forecasted period 2021-2026F.

Key Segments Covered

Philippines Cold Chain Market

  • By Revenue Split:
  • Cold Transport
  • Cold Storage
  • By End User:
  • Meat and Seafood
  • Dairy Products
  • Processed Frozen Foods
  • Vaccination and Pharmaceuticals
  • Fruits and Vegetables
  • By Ownership:
  • 3PL Cold Chain Facilities
  • Owned

Request for Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTkyNDgz

Philippines Cold Transport Market

  • By Truck Type
  • Reefer Vans/Trucks (1 to 10 Tons)
  • 20 foot reefers (10 - 20 Tons)
  • 40 foot reefers and others (more than 20 tons)
  • By Mode of Transportation
  • Land
  • Sea
  • Air
  • By Location
  • Domestic
  • International
  • By Vicinity
  • Inter-city
  • Intra-city
  • By End User
  • Meat and Seafood
  • Dairy Products
  • Vaccination and Pharmaceuticals
  • Processed Frozen Foods
  • Fruits, Vegetables and others

Philippines Warehousing Market

  • By Type:
  • By Industrial Freight/Retail
  • By Inland Container Depots
  • By Cold Storage
  • By Agriculture

Philippines Vegetables Cold Storage Market

Philippines Cold Storage Market

  • By Temperature range (by number of pallets)
  • Frozen
  • Chillers
  • Ambient
  • By Automation (by pallets)
  • Automated Pallets
  • Non-automated Pallets
  • By End User
  • Meat and Seafood
  • Dairy Products
  • Vaccination and Pharmaceuticals
  • Processed Frozen Foods
  • Fruits, Vegetables and others
  • By Region
  • Metro Manila
  • Cebu
  • Mindanao
  • Others

Key Target Audience

  • Cold Storage Companies
  • Cold Chain Companies
  • Cold Transport Companies
  • Captive Cold Storage Companies
  • Captive Cold Chain Companies
  • Logistics Companies
  • Non-captive Companies
  • Cold Chain Associations
  • Logistics Associations
  • Private Equity Firms
  • Venture Capitalists

Time Period Captured in the Report:

  • Historical Period: 2016-2021
  • Forecasted Period: 2021-2026F

Companies Covered:

  • Jentec Cold Storage
  • Royal Cargo
  • Glacier Megafridge
  • Royale Cold Storage
  • Big Blue Logistics
  • Mets Logistics
  • ORCA Cold Chain
  • Fast Logistics Group
  • Igloo Supply Chain 
  • Arctic Cold Storage
  •  VVS Cold Storage (Vifel)
  • Antarctica Cold Storage
  • Crystal Cold Storage
  • JM Processing
  • San Simon Cold Storage
  • Estrella Cold Storage
  • Cebu Subzero Logistics
  • Everest Cold Storage
  • Aspen Cold Storage

Key Topics Covered in the Report

  • Executive Summary
  • Temperature Controlled Storage Market Philippines
  • Research Methodology including market definitions, market size and modeling
  • Industry Value Chain for Philippines Cold Chain companies
  • Philippines Cold Chain Market size (by revenue)
  • Philippines Cold Chain Market Segmentation (by Cold Storage & Cold Transport, by End User Application, by Ownership)
  • Landscape on Philippines Warehousing Market
  • Snapshot on Philippines Cold Storage Market
  • Snapshot on Philippines Cold Transport Market
  • Industry Analysis for Philippines Cold Chain Market
  • Issues and Challenges in Philippine Cold Chain Market
  • SWOT Analysis of Philippines Cold Chain Industry
  • Competitive Landscape in Philippine Cold Chain Market
  • Philippines Cold Chain Market Future Market size and predictions
  • Analyst Recommendations

Related Reports:

Philippines Frozen Storage Market Outlook to 2025-Driven by Growing Meat and Seafood Consumption and Insufficient Pallet Capacity to Tackle Food Wastage

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)

South Korea Cold Chain Market Outlook To 2023 – By Cold Storage (Ambient, Chilled And Frozen Warehousing) And Cold Transport (Land, Sea And Air), By Application (Dairy Products, Fruits And Vegetables, Meat And Seafood, Pharmaceuticals And Others) And By Ownership (Integrated And Third Party Logistics)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

Tuesday, February 26, 2019

Philippines Cold Chain Market Outlook To 2023: Ken Research

The report titled Philippines Cold Chain Market Outlook to 2023 – By Service Mix (Cold Storage Market and Cold Transportation) provides a comprehensive analysis of cold Chain Market in Philippines. The report includes range of activities which covers transportation, storage as well as third party logistics in cold chain industry in Philippines. The report also covers the overall competitive landscape and company profiles of major cold storage and cold transportation companies in Philippines. The report concludes with market projections for future and analyst recommendations highlighting the major trends, developments, issues and challenges in the Philippines Cold Chain Market.
Philippines Cold Chain Market Overview and Size
Philippines Cold Chain Market comprises a range of activities that look over at the storage and transportation of temperature sensitive goods.
Philippines Cold Chain Market has witnessed robust growth over the period 2013-2018. Government initiatives, high domestic consumption and market’s growing food safety concerns have propelled the Philippines cold chain market over the period. Additionally, there has been a gradual shift of people purchasing frozen products from supermarkets instead of wet markets in Philippines over the last five years. Additionally, the government in Philippines has granted a subsidy for this sector which is encouraging cold chain companies to focus on cold storage business and increase the pallet position and cold storage facilities under them. The growing demand for cold storage requirements especially by fast food restaurants for products such as meat and seafood has also greatly contributed in the country’s cold chain sector during the period 2013-2018.
Philippines Cold Chain Market Segmentation by Services
Philippines Cold Chain Market consists of Cold Storage and Cold Transportation Markets. In the total market, Cold Storage segment dominates with the largest revenue share as compared to Cold Transportation in 2018.
The incline in the share of Cold Storage is majorly due to the growing number of food service establishments in the country and infrastructural development taking place. The government initiative of ‘Build, Build, Build’ which is aimed at improving the state of infrastructure in the country is expected to support cold storages in the country.
On the contrary, the contribution of cold transport business in the total revenue of the cold chain market of Philippines is less which is majorly due to the ongoing truck ban in the country and the recent order by the Department of Transportation to prohibit 15 year or older vehicles from coming on the road. The rising construction of cold storages in the country is also having a relatively negative impact on the cold transport business. Therefore, the cold storage is expected to contribute less in the overall Philippines Cold Chain Market.
Competitive Landscape in Philippines Cold Chain Market
The competition within Philippines Cold Chain Market concentrated in nature with the presence of numerous players such as 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 Outlook and Projections
The future prospects of the cold chain industry in Philippines look 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. Additionally, 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 Philippines cold chain market during the period 2019-2023. However, on the other hand the market is expected to face challenges that will affect the business decisions, both in investment planning and operations management. These issues will be the 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.
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
Executive Summary
Research Methodology
Stakeholders in Philippines Cold Chain Market
Infrastructural Analysis of Philippines
Value Chain Analysis of Philippines Cold Chain Market
Comparative Analysis of Philippines Cold Chain Market with Other Cold Chain Markets
Philippines Cold Chain Market
Philippines Cold Chain Market Size
Philippines Cold Chain Market Segmentation
Philippines Cold Chain Market Future Outlook and Projections
Philippines Cold Storage Market
Philippines Cold Storage Market Segmentation
Philippines Cold Storage Market Future Outlook and Projections
Philippines Cold Transport Market
Philippines Cold Transport Market Size
Philippines Cold Transport Market Segmentation
Philippines Cold Transport Market Future Outlook and Projections
Philippines Third Party Logistics (3PL) Cold Chain Market
Government Regulations in Philippines Cold Chain Market
Trends and Developments in Philippines Cold Chain Market
Issues and Challenges in Philippines Cold Chain Market
Decision Making Process for Clients in Philippines Cold Chain Market
SWOT Analysis of Philippines Cold Chain Market
Competitive Landscape in the Philippines Cold Chain Market
Strengths and Weaknesses of Major Players
Company Profiles of Major Players in Philippines Cold Storage Market
Macro Economic Factors Affecting Philippines Cold Chain Market
Analyst Recommendations in Philippines Cold Chain Market
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