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The chilly storage sector in Vietnam is anticipated to develop with robust traction, possible pushed by import and export orders for medicines and vaccines.
Improved export commerce and transportation agreements, world demand for Vietnamese seafood is anticipated to rise sooner or later boosting funding developments.
With big funding in chilly storages and rising energy costs & labor price within the nation together with rising automation and tech developments within the nation, storage price is anticipated to extend sooner or later.Technological Developments: The chilly storage business is experiencing a brand new wave of technological developments that are important for finish customers of chilly storage providers and for the natural progress of chilly storage corporations. Know-how like- Robotics and Automation, Automated Guided Automobiles (Agvs), Iot Implementation, Superior Sortation Techniques, Drones and Superior Analytics are being utilized by chilly chain corporations to develop their enterprise.
New Authorities Insurance policies and tasks supporting the expansion of Chilly Chain: The federal government prohibits automobiles older than 20 years to function on highway which negatively impacts the chilly transport enterprise. The development is anticipated to proceed because the chilly storage enterprise grows stronger which can lead to a decreased income share for chilly transport by the yr ending 2026F. Initiatives like Ring Street 3 and 4, the freeway to the Moc Bai Border Gate and Cai Mep Port challenge, Lengthy Thanh Worldwide Airport, and Hiep Phuoc Port Metropolis will enhance the event of the sector within the years to return within the Southern Key Financial Area (SKER).
Growth of New Chilly Storage Warehouses: Many chilly chain operators are anticipated to develop their operations and set up many new chilly storage warehouses to cater to the big and rising demand for refrigerated storage, offering a major enhance to the Vietnam chilly storage business. The event of specialised logistics hubs and intermodal connections, is crucial to boosting chilly chain provide within the medium and long run.
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Analysts at Ken Analysis of their newest publication “Vietnam Chilly Chain Market Outlook to 2026F- Pushed by Rising Meat and Seafood Consumption Owing to Rising Millennial Inhabitants Albeit Infrastructure Challenges” by Ken Analysis noticed that Chilly Chain market is an emergent transport and storage market in Vietnam at a rebounding stage from the financial disaster after pandemic. The rising authorities insurance policies and demand for beauty dentistry, demand among the many inhabitants together with authorities initiatives is anticipated to contribute to the market progress over the forecast interval. The market is anticipated to develop at a 14.8% CAGR throughout 2021-2026F owing to the rise in financial system of the nation, growing consciousness in the direction of appears to be like and new authorities insurance policies.
Key Segments Coated within the report
Vietnam Chilly Chain Market
By Finish Person
Meat and Seafood
Fruits and Greens
Dairy and Bakery
Vaccination and Prescribed drugs
Others
By Possession
3PL Chilly Chain Amenities
Owned
Vietnam Chilly Storage Market
By Temperature Vary
Frozen
Chillers
Ambient
By Automation
Non-automated Pallets
Automated Pallets
By Finish Person
Meat and Seafood
Fruits and Greens
Dairy and Bakery
Vaccination and Prescribed drugs
Others
By Main Cities
Ho Chi Minh
Hanoi Capital
Binh Duong
Lengthy An
Different
Vietnam Chilly Transport Market
By Truck Kind
Reefer Vans/Vehicles
20-foot reefers
40-foot reefers and others
By Mode of Transportation
Land
Sea
Air
In Land Water methods
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By Location
Worldwide
Home
By Neighborhood
Inter-city
Intra-city
By Finish Person
Meat and Seafood
Fruits and Greens
Dairy and Bakery
Vaccination and Prescribed drugs
Others
Key Goal Viewers:-
Chilly Storage Corporations
Chilly Chain Corporations
Chilly Transport Corporations
Captive Chilly Storage Corporations
Captive Chilly Chain Corporations
Logistics Corporations
Non-captive Corporations
Chilly Chain Associations
Logistics Associations
Non-public Fairness Companies
Enterprise Capitalists
Time Interval Captured within the Report:-
Historic Interval: 2016-2021
Base Yr: 2021
Forecast Interval: 2021-2026F
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Corporations Coated:-
Lineage
Transimex
Hung Vuong Company
AJ Whole Vietnam
Mekong Logistics
ARC Bing Duong
ABA Cooltrans
Emergent chilly storage
SK Chilly Storage
Lotte logistics
Konoike
Hong Lai Group
New Land Logistics
Thang Lengthy Logistics
Crane Worldwide Logistics
ALS Avaition Logistics
Arctic Wolf
Vinafco
Key Matters Coated within the Report:-
Nation Overview and Infrastructure Evaluation of Vietnam
Vietnam Chilly Chain Market Overview and Genesis
Vietnam Chilly Chain Business Provide Ecosystem
Enterprise Cycle and Genesis of Vietnam Chilly Chain Market
Vietnam Chilly Chain Market, 2016-2021
Vietnam Chilly Chain Market Segmentation (by Chilly Storage and Chilly Transport, by Possession and by Finish Customers)
Vietnam Chilly Storage Market, 2016-2021
Vietnam Chilly Storage Market Segmentation (by Automation, Temperature Vary, by Finish Customers and by area)
Vietnam Chilly Transport Market Overview, 2016-2021
Vietnam Chilly Transport Market Segmentation (by Kind of Reefer Truck, by Mode of Transportation, by Location & Neighborhood and by finish customers)
SWOT Evaluation of Vietnam Chilly Chain Market
Competitors Situation of Vietnam Chilly Chain Market
Progress drivers of Vietnam Chilly Chain Market
Technological Developments within the Vietnam Chilly Chain Market
Points and Challenges within the Vietnam Chilly Chain Market
Current Traits within the Vietnam Chilly Chain Market
Finish Person Evaluation of Vietnam Chilly Chain Market
Future Outlook of Vietnam Chilly Chain Market, 2021-2026F
Future Outlook of Vietnam Warehousing Market, 2021-2026F
Future Outlook of Vietnam Chilly Storage Market, 2021-2026F
Future Outlook of Vietnam Chilly Transport Market, 2021-2026F
Market Alternatives and Analyst Advice
For extra info on the analysis studies, check with under hyperlink:-
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/vietnam-cold-chain-market-outlook-to-2026/596105-100.html
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https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/south-africa-cold-chain-market-outlook-to-2026/596090-100.html
Ken Analysis Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Enterprise Park, Sohna Street, sector 49 Gurgaon, Haryana – 122001, India
Ken Analysis is a analysis primarily based administration consulting firm. We offer strategic consultancy to help purchasers on crucial enterprise perspective: technique, advertising, group, operations and know-how transformation, superior analytics, company finance, mergers & acquisitions and sustainability throughout all industries and geographies. We offer enterprise intelligence and operational advisory throughout 300+ verticals underscoring disruptive applied sciences, rising enterprise fashions with precedent evaluation and success case research. A few of high consulting corporations and Market leaders search our intelligence to determine new income streams, buyer/ vendor paradigm and ache factors and due diligence on competitors.
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