A cold chain combines supply chain operations with surface transportation that is temperature-controlled. The freezing solutions needed to preserve the quality and shelf life of goods like fresh produce, seafood, frozen meals, and prescription medications are referred to as cold chain logistics. Utilizing temperature-controlled warehouses for storage and cold transport vehicles for delivery are key components of the cold chain logistics operation. Fruits, vegetables, meat, and pharmaceuticals are all often transported and stored using cold chain logistics solutions. Refrigerated cargo, and air freight are the means of transportation that are utilized. Farmers receive fair payments from the cold chain business since it helps to minimize the waste of perishable goods and commodities. In the pharmacy industry, cold chain logistics enhances the efficacy of the drug for longer durations of time.
According to SPER Market Research, ‘Indonesia Cold Chain Market Size- By Type, By Ownership, By Temperature Range, By Automation, By Type of Truck, By Mode of Transportation, By Location, By Vicinity, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2032’, states that the Indonesia Cold Chain Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
Indonesia's growing e-commerce industry and increasing uptake of digital technology have led to a rise in the need for cold chain logistics. Due to population expansion and urbanization, there is an increasing demand for perishable food goods, which makes a robust cold chain infrastructure necessary to ensure quality and safety. To preserve product integrity, industries need temperature-controlled transportation. Increasing customer consciousness regarding product quality and safety highlights the necessity of having a strong cold chain network. The nation's involvement in global trade and government programs to improve infrastructure and logistics capacities also support the market's expansion. Building a cold chain infrastructure is essential to Indonesia's healthcare, pharmaceutical, and agricultural industries among others.
In the cold chain business, where the quality and flexibility of available cold warehouse space is a major concern, the absence of regulations pertaining to storage temperature, security, operating processes, and other areas presents serious challenges. Companies inside Indonesia need to make investments to modernize their facilities and specifications. Upgrading the building to comply with temperature regulations is a significant problem. The corporations suffer losses as a result, and in this situation, cold storage at ports is required. Stakeholder fragmentation makes it more difficult to coordinate and regulate temperature, which causes delays. Furthermore, it can be challenging to maintain temperature conditions throughout the last leg of transportation, especially in isolated or crowded urban regions.
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The COVID-19 pandemic compelled the Indonesian government to impose a strict lockdown and prohibit the import and export of goods. The demand for frozen goods abruptly decreased as a result. Infrastructural strain on the cold chain has increased due to rising demand for necessities. Supply chain disruptions, have resulted in delays and logistical difficulties. The emphasis and need of the vaccine delivery system has further fuelled the need for cold chain services. Furthermore, cold chain logistics facilities were compelled to partially or entirely cease operations due to a statewide lockdown. The pandemic caused delays in Indonesia's plans and operations for the creation of cold chain logistics systems.
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.
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Indonesia Cold Chain Market Forecast
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