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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