Press release
Malaysia Cold Chain Industry Analysis, Market Size, Market Share, Market Revenue, Market Trends and Future Outlook to 2029
Driving Forces of Cold Chain Market
• Cold chain players in Malaysia are incorporating technologies in their operations to enhance efficiency and reduce losses. In 2024, over 65% of cold storage facilities integrated IoT enabled sensors to track real time temperatures. Warehouses are getting automated by AS/RS (Automated Storage and Retrieval Systems) which will increase the efficiency by 20-30% as of 2024 and reduce mistakes caused due to manual procedures.
• In Malaysia, the reliance on cold chain in pharmaceuticals industry is growing, as 50 million temperature-sensitive doses of vaccines (nearly 200M doses in terms of volume) are distributed in the last three years. The companies are spending money on building energy efficient warehousing to store pharmaceutical products so that they retain their efficacy and also almost 30% reduction in cooling energy consumption in 2024.
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• The rising e-commerce is affecting the cold chain market of Malaysia, with more than 25% of the consumers in 2024 ordered grocery online. These trends are supported by changing consumer tastes and preferences, creating opportunities for cold chain facilities.
• The cold chain facility operators are increasingly focusing on adopting eco-friendly and sustainable practices, with many operators shifting to low-GWP (Global Warming Potential) refrigeration. For instance, Frio Logistics aims to shift 50% of its warehousing facilities to solar-powered refrigeration units by 2026.
Decoding Competitive Landscape of Cold Chain Market
The Malaysia cold chain market is consolidated with companies leveraging innovation to meet the growing demand for temperature-controlled logistics. The major players dominating the market include TASCO Cold Chain, Zuellig Pharma, Frio Logistics, DHL and others. TASCO leads the market by focusing on capacity expansion and technology integration, with company adding 20,000 pallets of cold storage capacity in Selangor as of 2024. Zuellig Pharma is leading the pharmaceutical cold chain segment with its eZCooler technology which enables safe vaccine distribution. Meanwhile, international players like DHL Supply Chain are capturing market with their new multi-temperature warehouse in Johor that has boosted efficiency by over 25% in 2024, highlighting the company's commitment to serve Malaysia's growing logistics demand.
Get an In-Depth Analysis of Malaysia Cold Chain Market [2023-2029] @ https://www.tracedataresearch.com/industry-report/malaysia-cold-chain-market
Malaysia Cold Chain Market Future Outlook
The Malaysia cold chain market will grow remarkably through 2029, driven by technological advancements and increasing reliance of different sectors including pharmaceutical and retail. It is a projected that nearly 80% of the Malaysia cold chain facilities are likely to embrace advanced temperature monitoring technologies by 2029 to tackle losses and improving overall operational efficiency. Adoption of e-commerce is anticipated to continue to dominate the market, doubling the sale of grocery online by 2029, almost 30% annually. Furthermore, government led initiatives including National Transport Policy which aims to increase cold storage capacity to 25% by 2029 are also creating opportunities for urban logistics hubs. By 2029, cold chain market in Malaysia is expected to secure its position in top-three cold chain hub of Southeast Asia. The companies effectively balancing innovation with sustainability are likely to lead the market.
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Consultant at TraceData Research In their latest publication "Malaysia Cold Chain Market Outlook to 2029: By service type (Transportation Services, Warehousing and Storage Services, Third-Party Logistics (3PL) Services, Temperature Monitoring and Management Services, Packaging Solutions), By temperature range (Frozen (Below -18°C), Chilled (0°C to 4°C), Controlled Ambient (15°C to 25°C), Others), and By end user (Retail and Food Services, Pharmaceutical and Healthcare, Manufacturing and Industrial, Agriculture and Horticulture, Others)" believe that by focusing on IoT enabled refrigeration technologies and expanding to key areas like Johor and Selangor businesses can gain competitive edge in Malaysia cold chain market.
Explore Our Other Cold Chain Related Report by Trace Data: -
Philippines Cold Chain Market- https://www.tracedataresearch.com/industry-report/philippines-cold-chain-market
South Korea Cold Chain Market- https://www.tracedataresearch.com/industry-report/south-korea-cold-chain-market
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TraceData Research is a full-stack market research company founded by research professionals with over 15 years of industry experience. The company is recognized for its proprietary methodologies, deep consumer understanding, high-quality research, and entrepreneurial mindset.
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