Indonesia Cold Storage Market Insights:
The GMI Research report provides an overall outlook of the industry through a detailed market segmentation. The report offers thorough information related to the overview and scope of the market, including the market drivers, restraints and emerging trends in the industry. This report is especially designed to include both qualitative and quantitative aspects of the industry.
Competitive Rivalry of the Indonesia Cold Storage Market:
The leading players in the Indonesia cold storage market include Kiat Ananda Cold Storage, PT Wahana Coldstorage, PT. Indomaguro Tunas Unggul, PT. MEGA INTERNASIONAL SEJAHTERA, PT, Enseval Putera Megatrading Tbk., PT Adib Global Food Supply, Surya Alam Tunggal, PT, MGM BOSCO, among others.
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Drivers of the Indonesia Cold Storage Market:
The factors responsible for the growth of the Indonesia cold storage market include increased demand for food products due to the growing population rate, development in the retail sector, improving the lifestyle of the consumers, and the rising import activities. Moreover, the continuous improvement in the logistics systems, increasing number of modern food retailers, coupled with the rising demand for the packaged food products among the urban consumers, will further surge the growing demand of the market. The improving economic condition of the country is leading to enhanced export performance, increased investment, decreased imports, and increasing consumption level.
The strong demand of the market in Indonesia is also due to the growing application of cold storage solutions in several industry verticals such as the pharmaceutical industry, food industry, fishing industry, and other industries. Various policies introduced by the government to improve the development of cold storage by the user industry, such as the fisheries sector and rising demand for frozen food by the consumers, will positively impact the emerging demand of the market. For example, the government of Indonesia aims to upgrade the fishing ports to eco-fishing port by launching several steps such as the deployment of solar-powered fish cold storage. On the other hand, the factors hampering the growth of the Indonesia cold storage market include the need for high investments for using cold storage and limited power supply in the country.
The main objective of the study is to define market sizes of the different market segments & countries during the forecast period and analyze the values in the next six years. The detailed segments and sub-segments of the market are explained below:
Breakup by Type:
- Blast Freezer
Breakup by Application:
- Meat & Seafood
- Processed/Frozen Food
- Fruits & Vegetables
- Industrial Chemicals
Breakup by Verticals:
- Healthcare & Hospitality
- Government & Transportation
- Retail & Logistics
- Industry & Manufacturing
Breakup by Storage Type:
- Refrigerator Ships
- Refrigerated Containers
- Air Cargo
- Refrigerated Trucks
- Other Storage
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