Cold storage is the process of storing & transporting the perishable items, including food products, pharmaceutical products, and biotech items through a temperature-controlled supply chain. The process of cold storage allows the accurate regulation of the temperature & humidity and enables the maintenance of the constant conditions through refrigeration or ventilation system. Based on the range of the temperature, the cold storage is widely available in different forms, including freezer rooms, chilled rooms, blast freezers, and blast chillers.

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The major factors propelling the growth of the Indonesia cold storage market include strong demand for food products driven by the rising population rate and enhancing lifestyle of the consumers, development in the retail sector, and the increasing import activities. Additionally, the continuous enhancement in the logistics systems, rising number of modern food retailers, followed by the growing demand for the packaged food products among the urban consumers, will further energize the growing demand of the market. The enhancing economic condition of the country is leading to improved export performance, reduced imports, increased investment, and growing consumption level. In parallel, the demand of the market in Indonesia is also driven by the accelerating application of cold storage solutions in various industry verticals such as the food industry, pharmaceutical industry, fishing industry, and other industries. Several policies launched by the government to encourage the development of cold storage by the user industry, such as the fisheries sector and increasing demand for frozen food by the consumers, will have a positive impact on the growing demand of the market. For instance, the government of Indonesia focuses on upgrading the fishing ports to eco-fishing port by introducing various steps such as the deployment of solar-powered fish cold storage. The factors that are hindering the growth of the Indonesia cold storage market include the requirement of high investments for using cold storage and lack of power supply in the country.

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Based on storage type, the Warehousing segment is expected to increase at a higher CAGR during the forecast period owing to the accelerating adoption of warehousing systems across various industry verticals driven by its remarkable features such as improved flexibility and offers several services such as storage, handling, & transportation.

Based on the application, the Processed/Frozen Food segment is anticipated to grow at a higher compound annual growth rate over the forecast period due to the strong demand for the processed and frozen food by the consumers as a result of the rising urbanization and changing consumption patterns of the consumers. In addition to this, an increase in the population and several benefits associated with processed food such as easy availability of a wide variety and time convenience are some other factors fuelling the growth of the market in this segment.

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Various notable players operating in the market include PT Wahana Coldstorage, PT. MEGA INTERNASIONAL SEJAHTERA, Kiat Ananda Cold Storage, PT, Enseval Putera Megatrading Tbk., PT. Indomaguro Tunas Unggul, MGM BOSCO, PT Adib Global Food Supply, and Surya Alam Tunggal, PT, among others.

Key Developments:

• • In 2017, MGM BOSCO expanded its cold storage operations in Sidoarjo, East Java. Through this expansion, the company planned to strengthen its operations in the eastern part of the market in Indonesia.

The Indonesia cold storage market has been segmented on the basis of type, application, verticals, storage type. Based on type, the market is segmented freezer, chiller, and blast freezer & chiller. Based on the application, the market is segmented into meat & seafood, fish, pharmaceuticals, dairy, processed/frozen food, fruits & vegetables, industrial chemicals, and others. Based on the verticals, the market is segmented into healthcare & hospitality, government & transportation, retail & logistics, and industry & manufacturing. Based on the storage type, the market is segmented into refrigerator ships, refrigerated containers, air cargo, warehousing, refrigerated trucks, and other storage type.

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Key questions answered in this research report:

• • At what pace is the Indonesia cold storage market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the Indonesia cold storage market? What will be the impact of drivers and restraints in the future?
  • Which type generated maximum revenues in 2019 and identify the most promising type during the forecast period?
  • What are the various verticals of the cold storage market, and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

 

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By Application, By Verticals, By Storage Type
Regional Coverage	Indonesia
Companies Profiled	PT Wahana Coldstorage, PT. MEGA INTERNASIONAL SEJAHTERA, Kiat Ananda Cold Storage, PT, Enseval Putera Megatrading Tbk., PT. Indomaguro Tunas Unggul, MGM BOSCO, PT Adib Global Food Supply, and Surya Alam Tunggal, PT, among others; a total of 8 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

 

Market Segmentation

Indonesia Cold Storage Market by Type

• • Freezer
  • Chiller
  • Blast Freezer & Chiller

Indonesia Cold Storage Market by Application

• • Meat & Seafood
  • Fish
  • Pharmaceuticals
  • Dairy
  • Processed/Frozen Food
  • Fruits & Vegetables
  • Industrial Chemicals
  • Others

Indonesia Cold Storage Market by Verticals

• • Healthcare & Hospitality
  • Government & Transportation
  • Retail & Logistics
  • Industry & Manufacturing

Indonesia Cold Storage Market by Storage Type

• • Refrigerator Ships
  • Refrigerated Containers
  • Air Cargo
  • Warehousing
  • Refrigerated Trucks
  • Other Storage Type

Indonesia Cold Storage Leading Market Players (Option 1: As a part of the free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • PT Wahana Coldstorage
  • MEGA INTERNASIONAL SEJAHTERA
  • Kiat Ananda Cold Storage
  • Enseval Putera Megatrading Tbk.
  • Indomaguro Tunas Unggul
  • MGM BOSCO
  • PT Adib Global Food Supply
  • Surya Alam Tunggal, PT