Philippines Cold Chain Logistics Market is Expected to Reach USD 4.2 billion by 2020: Ken Research

Ken Research announced its latest publication on “Philippines Cold Chain Market Outlook to 2020- Philippines Cold Chain Project and Rising Consumer Demand for Frozen Food to Foster Future Growth” which provides a comprehensive analysis of the cold chain market in Philippines. The report covers various aspects such as market size of Philippines cold chain market, segmentation on the basis of cold storage and cold chain transport, B2B and B2C segments, Type of Deliveries-Express and Non-Express, products, regional cold storage warehousing capacity and others. The report will help industry consultants, manufacturing companies of temperature sensitive goods, cold chain service providers in the country and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future. The market comprises of a number of cold chain service providers such as Jentec Cold Storage, Glacier, Polar Bear, Royal Cargo, Vifel, Royale Cargo, Igloo , 2GO Logistics and others.

The cold chain market for Philippines will continue to grow at a considerable pace in the next few years with addition of new players and continuous support from government. The market is predicted to grow at a CAGR of ~% from 2016-2020. Philippines cold chain market has been valued at INR ~ million in 2015. Over the last few years from 2010-2015, the industry has observed an average annual growth of ~% in value terms. The growth in the cold chain market over the period 2010-2015 was primarily supplemented by growing demand for temperature controlled products in the country, entry of several new players and government initiatives and programs. Additionally major players such as Royal Cargo, Jentec Cargo and Glacier have expanded their cold storage capacity and operations in the country over the period 2010-2015.

According to the research report, the Philippines cold chain market will grow at a considerable CAGR rate reaching USD ~ million by 2020 due to Philippines Cold Chain Project and other cold chain programs. Furthermore, augmenting sales of Pharma and other temperature controlled products will provide the impetus for growth in Philippines cold chain logistics market over the period 2016-2020.

“According to Research Associate at Ken Research, the Government should take certain measures to reduce the rate of electricity and cut down certification cost in order to provide spurt to market revenues. On the other hand, domestic players in the market should establish their operations in the untapped areas as the competition is very less and potential for growth is huge.

Key Topics Covered in the Report:

Philippines Cold Chain Market Size by Revenue
Philippines Cold Chain Market Segmentation by
Cold Chain and Cold Transport
B2B and B2C Segments
Express and Non-Express
Products
Philippines Cold Chain Transport Market Size by Revenues
Philippines Cold Chain Transport Market Segmentation by
Modes of Transportation- Sea, Air, Land
Owned and Rented Transport Facilities
Domestic and International Cold Chain Transport
Philippines Cold Storage Market Size by Revenues
Philippines Cold Storage Market Segmentation by
Size of Cold Storage Warehouses- Small, Medium, Large
Number of Cold Storage Warehouses in Major Cities
Owned and Rented Cold Storage Facilities
Regional Cold Storage Warehousing Capacity
Comparative Analysis of Philippines Cold Chain Market with China Cold Chain Market and India Cold Chain Market in the Current and Future Scenario
Trends and Development
Government Role and Regulations
SWOT Analysis
Competition and Market Share
Infrastructural Analysis of Philippines
Future Outlook- By Revenue
Macro Economic Parameters
Analyst Recommendations

Key Products Mentioned in the Report

Philippines Cold Chain

Philippines Cold Chain Storage

Philippines Cold Chain Transportation

Companies Covered in the Report

Jentec Cold Storage Inc

Polar Bear Freezing and Storage Corp

Glaciers Cold Storage Inc

Royal Cargo Inc

Igloo Supply Chain

Vifel Ice Plant and Cold Storage

Royale Cold Storage Inc

Millennium Ocean Star Corporation

2GO Logistics

LBC Express

Consolidated Dairy and Frozen Food Corp

Related Reports:

Philippines Logistics Market Outlook to 2019 - Growth Driven by Express Delivery, 3PL and E-commerce Logistics Services

UAE Logistics Market Outlook to 2019 - Driven by Infrastructural Investment and Expanding Foreign Trade

India Logistics and Warehousing Industry Outlook to 2019 - Driven by E-commerce Logistics and Make in India initiative

Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Source : https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/philippines-cold-chain-market-report/8219-100.html

The industry has grown at a rapid pace of ~% over the period 2010-2015 and reached INR ~ million in 2015. The growth in the Philippines cold chain market over the period 2010-2015 was primarily supplemented by growing market size of frozen and chilled processed food, amplifying demand for vaccines and other Pharma goods in the country and entry of new players in the market.

Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

This release was published on openPR.