Indonesia Cold Storage Market – Opportunities & Forecast, 2020-2027
The GMI Research report provides an overall outlook of the industry through a detailed market segmentation. The report offers thorough information related to the overview and scope of the market, including the market drivers, restraints and emerging trends in the industry. This report is especially designed to include both qualitative and quantitative aspects of the industry.
Competitive Rivalry of the Indonesia
Cold Storage Market:
The leading players in the Indonesia
cold storage market include Kiat Ananda Cold Storage, PT Wahana
Coldstorage, PT. Indomaguro Tunas Unggul, PT. MEGA INTERNASIONAL SEJAHTERA, PT,
Enseval Putera Megatrading Tbk., PT Adib Global Food Supply, Surya Alam
Tunggal, PT, MGM BOSCO, among others.
Drivers of the Indonesia Cold Storage
Market:
The factors
responsible for the growth of the Indonesia cold storage market include
increased demand for food products due to the growing population rate,
development in the retail sector, improving the lifestyle of the consumers, and
the rising import activities. Moreover, the continuous improvement in the
logistics systems, increasing number of modern food retailers, coupled with the
rising demand for the packaged food products among the urban consumers, will further
surge the growing demand of the market. The improving economic condition of the
country is leading to enhanced export performance, increased investment,
decreased imports, and increasing consumption level.
The strong
demand of the market in Indonesia is also due to the growing application of
cold storage solutions in several industry verticals such as the pharmaceutical
industry, food industry, fishing industry, and other industries. Various
policies introduced by the government to improve the development of cold
storage by the user industry, such as the fisheries sector and rising demand
for frozen food by the consumers, will positively impact the emerging demand of
the market. For example, the government of Indonesia aims to upgrade the
fishing ports to eco-fishing port by launching several steps such as the
deployment of solar-powered fish cold storage. On the other hand, the factors
hampering the growth of the Indonesia cold storage market include the need for
high investments for using cold storage and limited power supply in the
country.
Market
Segmentation:
The main objective
of the study is to define market sizes of the different market segments &
countries during the forecast period and analyze the values in the next six
years. The detailed segments and sub-segments of the market are explained
below:
Breakup by Type:
·
Freezer
·
Chiller
·
Blast Freezer
Breakup by
Application:
·
Meat & Seafood
·
Fish
·
Pharmaceuticals
·
Dairy
·
Processed/Frozen Food
·
Fruits & Vegetables
·
Industrial Chemicals
·
Others
Breakup by Verticals:
·
Healthcare & Hospitality
·
Government & Transportation
·
Retail & Logistics
·
Industry & Manufacturing
Breakup by Storage
Type:
·
Refrigerator Ships
·
Refrigerated Containers
·
Air Cargo
·
Warehousing
·
Refrigerated Trucks
·
Other Storage
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