The rapid growth of the processed food sector with increased consumption of food & beverage, and meat products drives the growth of the cold chain logistics market in Indonesia. Based on end use industry, the meat, fish, & sea food segment accounted for the highest share in 2021. During the pandemic, implementation of the global lockdown resulted in stringent restrictions on import & export activities for most of 2020 & few months in 2021.
Portland, OR, Aug. 16, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the Indonesia cold chain logistics market garnered $4.97 billion in 2021, and is estimated to generate $12.59 billion by 2031, manifesting a CAGR of 10.2% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
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Indonesia’s Cold Chain Logistics Industry Report Coverage & Details:
Market Size in 2021
Market Size in 2031
No. of Pages in Report
Business Type, End-use Industry, Product, and Technology.
Growth of e-commerce industry in Indonesia
Rise in penetration of digitalization
Increase in consumption of food & beverage, and meat products
Surge in number of refrigerated warehouses
Adoption of technologies
Supportive government initiatives in Indonesia
Lack of standardization
High operational costs for cold chain logistics
The outbreak of the COVID-19 pandemic had a negative impact on the growth of the Indonesia cold chain logistics market, owing to implementation of the global lockdown, which resulted in stringent restrictions on import & export activities for most of 2020 & few months of 2021.
The pandemic led to disruptions in the cold chain logistics, due to which, the demand for frozen products was also hampered.
Also, adverse impacts of the COVID-19 pandemic resulted in delays in activities and initiatives regarding development of cold chain logistics systems in Indonesia. Nevertheless, the market is expected to recover soon in the post-pandemic.
The research provides detailed segmentation of the Indonesia cold chain logistics market based on business type, end-use industry, product, and technology. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
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Based on business type, the cold storage segment held the highest share in 2021, accounting for nearly three-fourths of the Indonesia cold chain logistics market, and is expected to continue its leadership status during the forecast period. However, the cold chain transport segment is expected to register the highest CAGR of 12.7% from 2022 to 2031.
Based on end-use industry, the meat, fish, & sea food segment accounted for the highest share in 2021, contributing to more than one-third of the Indonesia cold chain logistics market, and is expected to maintain its lead in terms of revenue during the forecast period. Segments including fruits & vegetables, bakery & confectionary, dairy & frozen desserts, meat, fish, & seafood, drugs & pharmaceuticals, and others are also discussed in the report.
Based on product, the refrigerators segment accounted for the highest share in 2021, holding more than 90% of the market, and is expected to continue its leadership status during the forecast period. However, the air conditioning segment is estimated to grow at the highest CAGR of 14.8% during the forecast period.
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Based on technology, EUTECTIC held the largest share in 2021, contributing to nearly two-thirds of the total market share, and is projected to maintain its dominant share in terms of revenue in 2031. In addition, the air blown is expected to manifest the fastest CAGR of 11.4% during the forecast period. The research also analyzes regions including Europe and Asia-Pacific.
Leading market players of the Indonesia cold chain logistics market analyzed in the research include Dua Putera Perkasa Pratama, GAC, Kiat Ananda Group, Kuenhe + Nagel, Maersk, OOCL Logistics Limited, PT. MEGA INTERNATIONAL SEJAHTERA, SF Express, United Parcel Service (UPS), and Wahana Coldstorage Indonesia. The report provides a detailed analysis of these key players of the market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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Similar Reports We Have on Cold Chain Logistics Industry:
Cold Chain Logistics Market by End-use Industry (Fruits & Vegetables; Bakery & Confectionary; Dairy & Frozen Desserts; Meat, Fish, & Sea Food; Drugs & Pharmaceuticals; and Others), Business Type (Warehousing and Transportation (Railways, Airways, Roadways and Waterways)): Global Opportunity Analysis and Industry Forecast, 2021–2030.
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