Thailand Cold Chain Market Size, Growth, Trends, Revenue , challenges, Opportunities and Outlook
Thailand Cold Chain Market Size- By Service Type, By Application, By Temperature Type, By Technology- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2023 | Report ID: AMIN23162 | Pages: 1 - 109 | Formats*: |
| Category : Automotive & Transportation | |||
Thailand Cold Chain Market Introduction and Overview
According to SPER Market Research, the Thailand Cold Chain Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Thailand Cold Chain Market, including market size and trends, product mix, Applications, and supplier analysis. The phrase "cold chain logistics" describes the freezing procedures required to maintain the quality and shelf life of a variety of products, from fresh fruit to medications. To guarantee product quality and save waste, this strategy makes use of insulated transport trucks and temperature-controlled storage facilities. It is essential to maintaining medicine efficacy and lowering wastage of perishable goods in the pharmaceutical sector.
Key Findings:
- Operators of cold chains are reducing the strain on natural resources while meeting the energy-intensive needs of products.
- Urbanisation and lifestyle change contributed to an increase in processed food consumption domestically.
- Utilising cutting-edge technology like WMS, Robotics, ASRS automation, and the Internet of Things
Market Opportunities and Challenges
Opportunities: With certain significant market players serving primary end users like the meat and seafood, fruits, and vegetables industries, the cold chain market has undergone a minor degree of consolidation. One of the key growth-supporting factors in the Thai cold chain industry was the rise in exports of seafood, fruits, and vegetables, all of which require cold storage and transportation facilities to stay fresh and healthy. Moreover, currently, there is not enough cold storage capacity to meet demand, which results in a supply gap. As a result, businesses have tremendous expansion prospects to boost capacity and profit from the unmet demand.
Challenges: The operational costs of cold storage and transportation services are increasing due to rising electricity and fuel prices, further reducing the profit margins. High energy costs and a significant investment budget are needed. Food producers, traders, and consumers all have a strong interest in preventing food from spoiling, decaying, and expiring before its time. To do this, service providers must now make investments in modern cold storage facilities, cutting-edge vehicles, and system technology. Therefore, high energy costs are becoming a bigger issue for cold chain providers. In refrigerated storage facilities, conventional fluorescent light fixtures are utilised, and they must always be on because it is mandated by law. The investment in pre-cooling facilities, refrigerated storage and transport, packaging, and information management systems has been boosted by a number of countries.
Market Competitive Landscape
The cold chain sector in Thailand is still in its early stages and is very fragmented. Competition between the organisations is based on a number of factors, including as warehouse capacity, pallet count, fleet, temperature range, network coverage, and locations. The major players in the market include: Bangkok Cold Storage Service Ltd, Chomthana Co. Ltd., JWD Infologistics, Kerry Logistics Network Limited, Konoike Cool Logistics (Thailand) Co. Ltd, Lucky Star Cold Storage, MON Logistics Group Co. Ltd, SCG Nichirei Logistics Co. Ltd, Sinchai Cold Storage, Thai Max Cold Storage Co. Ltd, Thai Yokorei Co Ltd., Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Service Type, By Application, By Temperature Type, By Technology |
| Regions covered | Bangkok (Including Samut Prakan and Samut Sakhon), Chonburi, ChiangMai, Others |
| Companies Covered | Bangkok Cold Storage Service Ltd, Chomthana Co. Ltd., JWD Infologistics, Kerry Logistics Network Limited, Konoike Cool Logistics (Thailand) Co. Ltd, Lucky Star Cold Storage, MON Logistics Group Co. Ltd, SCG Nichirei Logistics Co. Ltd, Sinchai Cold Storage, Thai Max Cold Storage Co. Ltd, Thai Yokorei Co Ltd., Others |
COVID-19 Impact on Thailand Cold Chain Market
By slowing down logistics services, the COVID-19 situation is causing market uncertainty, impeding corporate growth, and escalating panic across various client sectors. Border closures that impeded the movement of transport and logistical services resulted from the government's announcement of a complete lockdown and temporary shutdown of industries. The COVID-19 health issue has had a significant impact on the commercial prospects. The overall service activities of market participants have also decreased as a result of the sharp decline in demand for cash usage to reduce the danger of contamination. A major rebound in retail goods sales may have a favourable impact on the cold chain logistics market as the economy progressively gets back on track with the new regulations and policies, supporting economic activity in all sectors of the economy.
Key Target Audience:
- Banks and its Subsidiaries
- Cold Chain Facilities Providers
- FMCG Companies
- FMCG Distributers
- Frozen products Distributors
- Global Cold Chain Companies
- Government Bodies & Regulating Authorities
- Refrigerator Space Manufacturers
- Technology Companies
- Tourism Agencies
- Others
Our in-depth analysis of the Thailand Cold Chain Market includes the following segments:
| By Service Type: |
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| By Application: |
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| By Temperature Type: |
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| By Technology: |
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Key Topics Covered in the Report:
- Thailand Cold Chain Market Size (FY’2023-FY’2033)
- Overview of Thailand Cold Chain Market
- Segmentation of Thailand Cold Chain Market By Service Type (Refrigerated Transportation, Refrigerated Warehouse)
- Segmentation of Thailand Cold Chain Market By Application (Alternative Protein, Dairy Products, Fruit & Vegetable, Meat, Seafood, Others)
- Segmentation of Thailand Cold Chain Market By Temperature Type (Chilled, Frozen)
- Segmentation of Thailand Cold Chain Market By Technology (Dry Ice, Eutectic Plates, Gel Packs, Liquid Nitrogen, Quilts)
- Statistical Snap of Thailand Cold Chain Market
- Expansion Analysis of Thailand Cold Chain Market
- Problems and Obstacles in Thailand Cold Chain Market
- Competitive Landscape in the Thailand Cold Chain Market
- Impact of COVID-19 and Demonetization on Thailand Cold Chain Market
- Details on Current Investment in Thailand Cold Chain Market
- Competitive Analysis of Thailand Cold Chain Market
- Prominent Players in the Thailand Cold Chain Market
- SWOT Analysis of Thailand Cold Chain Market
- Thailand Cold Chain Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Thailand Cold Chain Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Thailand Cold Chain Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Thailand Cold Chain Market
7. Thailand Cold Chain Market, By Service Type (USD Million)
7.1. Thailand Cold Chain Market Value Share and Forecast, By Service Type, 2023-2037.2. Refrigerated Transportation7.3. Refrigerated Warehouse
8. Thailand Cold Chain Market, By Application (USD Million)
8.1. Thailand Cold Chain Market Value Share and Forecast, By Application, 2023-20338.2. Alternative Protein8.3. Dairy Products8.4. Fruit & Vegetable8.5. Meat8.6. Seafood8.7. Others
9. Thailand Cold Chain Market, By Temperature Type (USD Million)
9.1. Thailand Cold Chain Market Value Share and Forecast, By Temperature Type, 2023-20339.2. Chilled9.3. Frozen
10. Thailand Cold Chain Market, By Technology (USD Million)
10.1. Thailand Cold Chain Market Value Share and Forecast, By Technology, 2023-203310.2. Dry Ice10.3. Eutectic Plates10.4. Gel Packs10.5. Liquid Nitrogen10.6. Quilts
11. Thailand Cold Chain Market Forecast, 2019-2033 (USD Million)
11.1. Thailand Cold Chain Market Size and Market Share
12. Thailand Cold Chain Market, By Service Type, 2019-2033 (USD Million)
12.1. Thailand Cold Chain Market Size and Market Share By Service Type (2019-2026)12.2. Thailand Cold Chain Market Size and Market Share By Service Type (2027-2033)
13. Thailand Cold Chain Market, By Application, 2019-2033 (USD Million)
13.1. Thailand Cold Chain Market Size and Market Share By Application (2019-2026)13.2. Thailand Cold Chain Market Size and Market Share By Application (2027-2033)
14. Thailand Cold Chain Market, By Temperature Type, 2019-2033 (USD Million)
14.1. Thailand Cold Chain Market Size and Market Share By Temperature Type (2019-2026)14.2. Thailand Cold Chain Market Size and Market Share By Temperature Type (2027-2033)
15. Thailand Cold Chain Market, By Technology, 2019-2033 (USD Million)
15.1. Thailand Cold Chain Market Size and Market Share By Technology (2019-2026)15.2. Thailand Cold Chain Market Size and Market Share By Technology (2027-2033)
16. Thailand Cold Chain Market, By Region, 2019-2033 (USD Million)
16.1. Thailand Cold Chain Market Size and Market Share By Region (2019-2026)16.2. Thailand Cold Chain Market Size and Market Share By Region (2027-2033)16.3. Bangkok (Including Samut Prakan and Samut Sakhon)16.4. Chonburi16.5. ChiangMai16.6. Others
17. Company Profile
17.1. Bangkok Cold Storage Service Ltd17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments17.2. Chomthana Co. Ltd.17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments17.3. JWD Infologistics17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments17.4. Kerry Logistics Network Limited17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments17.5. Konoike Cool Logistics (Thailand) Co. Ltd17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments17.6. Lucky Star Cold Storage17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments17.7. MON Logistics Group Co. Ltd17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments17.8. SCG Nichirei Logistics Co. Ltd17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments17.9. Sinchai Cold Storage17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments17.10. Thai Max Cold Storage Co. Ltd17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments17.11. Thai Yokorei Co Ltd17.11.1. Company details17.11.2. Financial outlook17.11.3. Product summary17.11.4. Recent developments17.12. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Thailand Cold Chain Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
Thailand Cold Chain Market grew in market size from 2023. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
Thailand Cold Chain Market CAGR of XX% during the forecast period.
"You can get the sample pages by clicking the link -Click Here"
Thailand Cold Chain Market size is USD XX billion from 2023 to 2033.
Thailand Cold Chain Market Segment is Covered By Service Type, By Application, By Temperature Type, By Technology
The Asia-Pacific region is anticipated to have the highest market share in Thailand Cold Chain Market.
Any device, equipment, implant, machine, instrument, in vitro reagent, or other comparable object used to diagnose, treat, lessen, or cure sickness or other disorders is referred to as a medical device.
The key players in the market include Companies Covered Bangkok Cold Storage Service Ltd, Chomthana Co. Ltd., JWD Infologistics, Kerry Logistics Network Limited, Konoike Cool Logistics (Thailand) Co. Ltd, Lucky Star Cold Storage, MON Logistics Group Co. Ltd, SCG Nichirei Logistics Co. Ltd, Sinchai Cold Storage, Thai Max Cold Storage Co. Ltd, Thai Yokorei Co Ltd., Others
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