The Vietnam cold storage sector is expected to grow with strong traction, likely driven by import and export orders for medicines and vaccines: Ken Research

1. Cold storage demand in Vietnam is high with 90% occupancy rate at nearly all facilities with highest share from export industry rather than for domestic consumption

The occupancy rate in the cold storage market has been increasing owing to undersupply of cold storage warehouses, especially in the major cities and ports where demand for cold storage is exceeding the supply. The occupancy rate is high due to need for preserving seafood, agricultural products, and fresh food. Although highest share of cold storage is in southern Vietnam, it is still overloaded with the increasing demand for food and essential goods for nearly 9.0 million people in Ho Chi Minh City.

For more insights on the market intelligence, refer to the link below: -

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/vietnam-cold-chain-market-outlook-to-2026/596105-100.html

2. Vietnam cold chain market is anticipated to grow owing to increase in trade, food delivery expansions and infrastructural projects in future

With huge investment in cold storages and rising power prices & labour cost in the country along with rising automation and tech advancements in the country, storage cost is expected to increase in the future. Logistics players like Lineage, Transimex, Hung Vuong Corporation and others are to expand cold storage infrastructure facilities to accommodate the boom in demand for fresh produce and meat, driving the market growth.

3. Advanced sortation systems like drones, IoT, automated guided vehicles are some of the few emerging technologies in Vietnam Cold Chain Market

Automated Guided Vehicles (AGVs) are portable machines that navigate themselves through floor stickers, radio waves, vision cameras, wires, magnets, or lasers. In future many warehouses will be able to use drones to track their inventory. This will give warehouses of all sizes the ability to conduct comprehensive inventory counts and audits at the drop of a hat. The IoT can help warehouses to reduce risk and avoid mistakes or accidents that can create losses in the supply chain by early detection.

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Key Segments Covered in the report

Vietnam Cold Chain Market

By End User
Meat and Seafood
Fruits and Vegetables
Dairy and Bakery
Vaccination and Pharmaceuticals
Others
By Ownership
3PL Cold Chain Facilities
Owned

Vietnam Cold Storage Market

By Temperature Range
Frozen
Chillers
Ambient
By Automation
Non-automated Pallets
Automated Pallets
By End User
Meat and Seafood
Fruits and Vegetables
Dairy and Bakery
Vaccination and Pharmaceuticals
Others
By Major Cities
Ho Chi Minh
Hanoi Capital
Binh Duong
Long An
Other

Vietnam Cold Transport Market

By Truck Type
Reefer Vans/Trucks
20-foot reefers
40-foot reefers and others
By Mode of Transportation
Land
Sea
Air
In Land Water ways
By Location
International
Domestic
By Vicinity
Inter-city
Intra-city
By End User
Meat and Seafood
Fruits and Vegetables
Dairy and Bakery
Vaccination and Pharmaceuticals
Others

Key Target Audience

Cold Storage Companies
Cold Chain Companies
Cold Transport Companies
Captive Cold Storage Companies
Captive Cold Chain Companies
Logistics Companies
Non-captive Companies
Cold Chain Associations
Logistics Associations
Private Equity Firms
Venture Capitalists

Time Period Captured in the Report:

Historical Period: 2016-2021
Base Year: 2021
Forecast Period: 2021-2026F

Companies Covered:

Lineage
Transimex
Hung Vuong Corporation
AJ Total Vietnam
Mekong Logistics
ARC Bing Duong
ABA Cooltrans
Emergent cold storage
SK Cold Storage
Lotte logistics
Konoike
Hong Lai Group
New Land Logistics
Thang Long Logistics
Crane Worldwide Logistics
ALS Avaition Logistics
Arctic Wolf
Vinafco

Key Topics Covered in the Report

Country Overview and Infrastructure Analysis of Vietnam
Vietnam Cold Chain Market Overview and Genesis
Vietnam Cold Chain Industry Supply Ecosystem
Business Cycle and Genesis of Vietnam Cold Chain Market
Vietnam Cold Chain Market, 2016-2021
Vietnam Cold Chain Market Segmentation (by Cold Storage and Cold Transport, by Ownership and by End Users)
Vietnam Cold Storage Market, 2016-2021
Vietnam Cold Storage Market Segmentation (by Automation, Temperature Range, by End Users and by region)
Vietnam Cold Transport Market Overview, 2016-2021
Vietnam Cold Transport Market Segmentation (by Type of Reefer Truck, by Mode of Transportation, by Location & Vicinity and by end users)
SWOT Analysis of Vietnam Cold Chain Market
Competition Scenario of Vietnam Cold Chain Market
Growth drivers of Vietnam Cold Chain Market
Technological Advancements in the Vietnam Cold Chain Market
Issues and Challenges in the Vietnam Cold Chain Market
Recent Trends in the Vietnam Cold Chain Market
End User Analysis of Vietnam Cold Chain Market
Future Outlook of Vietnam Cold Chain Market, 2021-2026F
Future Outlook of Vietnam Warehousing Market, 2021-2026F
Future Outlook of Vietnam Cold Storage Market, 2021-2026F
Future Outlook of Vietnam Cold Transport Market, 2021-2026F
Market Opportunities and Analyst Recommendation

For more insights on the market intelligence, refer to the link below: -

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/vietnam-cold-chain-market-outlook-to-2026/596105-100.html

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https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/philippines-cold-chain-market-outlook-to-2026/592483-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/malaysia-cold-chain-market-outlook-to-2026/548809-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/south-africa-cold-chain-market-outlook-to-2026/596090-100.html

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This release was published on openPR.