The changing lifestyle and urbanization, expanding fisheries industry, growing cold storage capacity, and rising domestic meat consumption all contribute to the Indonesia Cold Chain Market's predicted growth throughout the forecasted period. The high market share is mostly attributable to the rising need for cold storage needs, particularly as a result of the rising demand for frozen food products. The main contributing element to Indonesia's low participation of the transportation market is the absence of supportive infrastructure. Due to the rising need for temperature-controlled goods in the nation and the entry of several new players, the Indonesia Cold Chain Market has seen growth and is expected to continue to do so. The country has also begun measures to reduce the costs associated with the supply chain and logistics, most notably by developing a national logistics platform and a sea toll program. The demand for value-added services like repackaging and consolidation will rise along with the demand for shipping chilled goods, which would boost the need for 3PLs in the nation. Moreover, a 3PL can provide tailored warehouses according on customer requirements.
The cost of storage is anticipated to increase due to rising energy and labor expenses, as well as increased automation and technical developments in cold storage. Players in the logistics industry respond to the rising demand for meat, seafood, and frozen foods by either increasing their own fleet or, in order to save costs, temporarily outsourcing the trucks to a third party. The automation trend, which boosts productivity and lowers waste, is currently transforming the Indonesian cold storage industry. By improved staging and picking procedures, automation boosts accuracy and expedites services. It allows for real-time temperature monitoring, reducing waste from contamination and deterioration. A lower building footprint results from automation because robotic stacker cranes can reach shelves that forklift operators can't. It also lowers the cost of renting space. Less theft and tampering occurs as a result, and worker ergonomics are enhanced, increasing safety and productivity. There is a growth in demand for frozen and refrigerated food delivery as a result of changing dietary choices, growing e-commerce, and rising economies. DENSO Corporation and Global Mobility Service (GMS) have just begun field testing a novel delivery service that uses compact refrigerated boxes to distribute fresh food and other products in Indonesia. This year saw the debut of domestic production of reefer containers, often known as cooler containers.
Due to the global lockdown's deployment and the ensuing strong limitations on import and export activities, the COVID-19 pandemic's onset had a detrimental effect on the expansion of the Indonesia cold chain logistics market. Due to the pandemic's impact on the logistics of the cold chain, demand for frozen goods was also affected. The COVID-19 pandemic's negative effects also caused delays in projects and operations related to Indonesia's cold chain logistics system development. But, following the pandemic, the market is anticipated to recover quickly.
Indonesia Cold Chain Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Agung Cold Storage, Dua Putera Perkasa Pratama, Enseval Putra Megatrading Tbk, PT, Expravert Nasuba, PT, GAC Samudera Cold Chain, Kiat Ananda Cold Storage, PT, Mega Internasional Sejahtera, PT, Mgm Bosco Logistics, PT, Pluit Cold Storage, PT, PT Halal Logistic Multi Terminal Indonesia, PT Perikanan Indonesia, PT. Indomaguro Tunas Unggul, PT. Ruangan Pendingin Indonesia, PT. Tunas Perkasa, Savina Cold Storage, Sukanda Djaya, PT, United Refrigeration, PT, Wahana Cold Storage, PT, Winson Cold Storage, Wira Logitama Saksama.
Indonesia Cold Chain Market Segmentation:
By Type: Based on the Type, Indonesia Cold Chain Market is segmented as; Cold Storage, Cold Transport.
By Ownership: Based on the Ownership, Indonesia Cold Chain Market is segmented as; 3PL Companies, Owned.
By Temperature Range: Based on the Temperature Range, Indonesia Cold Chain Market is segmented as; Ambient, Chillers, Frozen.
By Automation: Based on the Automation, Indonesia Cold Chain Market is segmented as; Automated Pallets, Non-Automated Pallets.
By Type of Truck: Based on the Type of Truck, Indonesia Cold Chain Market is segmented as; 20 Foot Reefers, 40 Foot Reefers, Reefer Vans/Trucks, Others.
By Mode of Transportation: Based on the Mode of Transportation, Indonesia Cold Chain Market is segmented as; Air, Land, Sea.
By Location: Based on the Location, Indonesia Cold Chain Market is segmented as; Domestic, International.
By Vicinity: Based on the Vicinity, Indonesia Cold Chain Market is segmented as; Inter-City, Intra-City.
By End User: Based on the End User, Indonesia Cold Chain Market is segmented as; Dairy Products, Fruits, Vegetables, Meat and Seafood, Processed Frozen Food, Vaccination and Pharmaceuticals, Others.
By Region: This report also provides the data for key regional segments of Bekasi, Jakarta, Medan, Others.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.