ASEAN Cold Chain Logistics Market 2021 SWOT Analysis and Key Business Strategies by Leading Players – Nippon Express, United Parcel Service of America, Deutsche Post DHL

Latest research on ASEAN Cold Chain Logistics Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the ASEAN Cold Chain Logistics market. This report included a special section on the Impact of COVID19. Also, ASEAN Cold Chain Logistics Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the ASEAN Cold Chain Logistics industry.

ASEAN Cold Chain Logistics market is growing at a CAGR of 8% during the forecast period (2021-2026).

The ASEAN Cold Chain Logistics market is highly competitive and consists of a number of major players. Top Companies like Nippon Express, United Parcel Service of America, Deutsche Post DHL, Yamato Transport Co. Ltd, Agility Logistics, NYK (Yusen Logitics & TASCO), Tiong Nam Logistics, Sinchai Cold Storage, JentecÊStorageÊInc., JWD Logistics, KOSPA, PT. Pluit Cold Storage, PT. Wahana Cold Storage, MGM Bosco*

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Regional Analysis:

Furthermore, to broaden the understanding, researchers have studied the global ASEAN Cold Chain Logistics market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

ASEAN Cold Chain Logistics Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

Scope of the Report

The growing urban population and changing consumer perception have boosted the demand for refrigerated storage and transport. The market for refrigerated/frozen products is rapidly growing in Southeast Asia. The distribution of food products is rapidly shifting from traditional markets toward supermarkets and convenience stores. Refrigerated and frozen products are easier to procure as major distributors offer shipping via insulated trucks. The quality of local cold-chain services varies widely. Food products have been damaged from a lack of refrigeration, as well as from loading and unloading at room temperature. It is estimated that 90% of Southeast Asia’s food waste is created during transport.

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Key Market Trends

Growth of E-commerce and Increasing Consumer Choices

ASEAN e-commerce sales are significantly increasing, which attracts many investors across the world to set up their business. E-commerce has given consumers access to goods and commodities that were previously out of their reach, from imported groceries to trendy cosmetics. The basic perception of the consumers regarding frozen and refrigerated food has been changing significantly, coupled with rapid urbanization, where frozen food is moving more online. E-commerce is reshaping the online retail sales, where the growth in the sales of chilled and frozen food creates the demand for cold chain infrastructures, such as refrigerated transport, storage facilities, and optimum supply chain. Online shoppers are no longer looking at e-commerce as a platform to get discounts on items such as electronics, but have expanded their online habits to purchase lower-cost daily items such as groceries, clothes and personal care products.

Increasing Perishable Trade in Philippines Creates Opportunity for the Cold Chain Industry

In the Philippines, there is an ongoing shift in consumer habits to buy fresh and frozen produce from supermarkets than from traditional wet markets. Besides the internal demand, external demand is also driving the explosion in cold chain storage facilities and logistics. The Philippines agricultural exports have increased dramatically in recent years. The Philippines has also witnessed a shift in consumer behaviour to buy fresh products. Additionally, the growth of online grocery and e-commerce has bolstered the growth of cold storage facilities and infrastructure support. The US-supported Philippines Cold Chain Project (PCCP) is also expected to play an important role in enhancing the Southeast country’s cold chain logistics facilities and infrastructure. The project aims to increase agricultural production, which meets international food safety requirements by developing cold chain-related markets and improved technologies. Additionally, the country’s agricultural products get a boost, with China signing a USD 1 billion in agreement for imports. The investments indicate the need for a temperature-controlled environment for integrating supply chains and creating value addition to customers.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: ASEAN Cold Chain Logistics Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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