Press release
Malaysia's Increasing Investments in the Country's Logistics and Trade Facilitation Masterplan and Transport Policy along with the Growth of the Halal Industry Promoting the Cold Chain Industry Growth: Ken Research
Malaysia Transport Policy: The government wants to enhance the integration, connectivity & accessibility for seamless journey by 2030. Also, the aim is to expand global footprint by promoting internationalization of transport services. The Transport Policy mentions Malaysia's commitment towards an efficient connectivity for first and last mile services. Malaysia's transport sector represents a critical enabler for its logistics sector development. The efficiency of Malaysia's transportation system directly correlates to trade and economic growth.
Technological Advancement and Automation: Malaysia is behind in technology adoption. Although, technologies like RFID, Wireless Sensor Network, WMS are available in the market, most cold chain operators still control their operation with manual methods. This poses a threat for Malaysian cold chain industry as it can prove to be less competitive in comparison to other countries like Singapore in the region. Major cold chain operators are using technology as a means to differentiate themselves from the competitors in the country.
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Halal Hub: Malaysia is the leading global halal hub. The country plays host to the Malaysia International Halal Showcase (MIHAS) and the World Halal Forum (WHF). Malaysia, being the forefront of International Halal Food Hub has designated Halal Industrial Park which caters to halal food among other services offered and allows businesses to share common facilities such as storage, cold chain warehousing and support services. The growing demand and supply for Halal food in the country are contributing to the expansion of cold chain in Malaysia.
Analysts at Ken Research in their latest publication "Malaysia Cold Chain Market Outlook To 2026 - Driven by Increase in Demand for Perishable Food Items and its Establishment as the Halal Industry Hub, Malaysia Cold Chain Market Experiencing Growth" believe that the Cold Chain market in Malaysia is expected to experience positive growth owing to the increase in e-commerce and government's initiatives to improve the logistics infrastructure in the country as part of Malaysia's 'National Transport Policy'. The market is expected to register a positive CAGR of 7.6% in terms of revenue during the forecasted period 2021P - 2026F.
Key Segments Covered
By Type of Market
Overall Cold Chain Market
By End-User Application
Meat/seafood
Dairy products
Pharmaceuticals
Vegetables/fruits
Others
Cold Storage
By Temperature
Ambient
Chilled
Frozen
By Ownership
Integrated
Contract
Cold Transport
By Mode of Freight
Land
Sea
Air
By Type of Freight
Domestic
International
By Type of Air Freight
Domestic
International
By Type of Land Freight
Domestic
International
By Type of Sea Freight
Domestic
International
Key Target Audience
Cold Chain Companies
Logistics Companies
Government Associations
Express Logistics Companies
Industry Associations
Warehousing Companies
E-Commerce Operations
Investors and Private Equity Companies
Logistics Companies
Dairy Companies
Meat and Seafood Companies
Fruits and Vegetables Companies
Pharmaceutical Companies
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https://kenresearch.com/sample-report.php?Frmdetails=NTQ4ODA5
Time Period Captured in the Report
Historical Period: 2016-2021P
Forecast Period: 2021P-2026F
Companies Covered
Tiong Nam Logistics
IGLO
SK Cold Chain
NL Cold Chain
TASCO Cold Chain
Frio Logistics
Integrated Cold Chain Logistics
Key Topics Covered in the Report
Malaysia Cold Chain Market Overview
Infrastructure Analysis
Existing and Emerging Technologies
Malaysia Cold Chain Market Value Chain
Malaysia Cold Chain Market Size by Revenue, 2016-2021P
Malaysia Cold Chain Market Segmentation and Segment Future, 2021P-2026F
End User Industry Analysis And Future Growth Potential
Malaysia Cold Chain Market Competitive Landscape
Malaysia Cold Chain Market Company Profiles of Major Players
Regulatory Environment
Industry Trends and Developments
Industry Issues and Challenges
Analyst Recommendation
Malaysia Cold Chain Market Future Outlook and Projections, 2021P-2026F
Malaysia Cold Chain Market Analyst Recommendations
For More Information, refer to below links:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/malaysia-cold-chain-market-outlook-to-2026/548809-100.html
Related Reports
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/competition-benchmarking-in-uae-logistics-market-outlook-to-2025/373315-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/uae-cold-chain-market-outlook-to-2025/515185-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/qatar-cold-chain-market-outlook-to-2026/524046-100.html
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Ken Research
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Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
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