The ‘Indonesia Cold Chain Logistics Market SIze, Share, Trends, Price, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the Indonesia cold chain logistics market, assessing the market on the basis of its segments like business type, product, technology, and end-use.
Indonesia Cold Chain Logistics Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 5.89 billion
- Forecast CAGR (2023-2028): 11.20%
- Forecast Market Size (2028): USD 11 billion
The Indonesia cold chain logistics market is being driven by growing population, increasing digitalisation, rising penetration of e-commerce, and surging demand for processed food. The e-commerce industry is witnessing rapid growth in Indonesia, supported by increasing digitalisation, further augmenting the demand for cold chain logistics. A variety of food and beverage products and pharmaceuticals are being sold online, particularly through online grocers, for which cold chain logistics is commonly required.
Meanwhile, globalisation and rising disposable incomes are increasing the demand for processed food, which is aiding the Indonesia cold chain logistics market growth. Various processed foods, particularly dairy and frozen desserts, require reliable cold chain logistics to maintain product integrity, especially during warmer weather.
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The thriving marine sector in Indonesia is also contributing to the growth of the cold chain logistics market in the country, by increasing the production of various seafood. Indonesia is the world’s largest archipelagic country with extensive production of various fish varieties. For processing, packaging, and long distance shipping of fish and other seafood products, cold chain logistics is utilised.
Increasing investments towards establishment of cold storage such as refrigerated warehouses is providing impetus to the Indonesia cold chain logistics market. To prevent breakdowns and delays in supply chains, more companies are investing in temperature controlled warehouses where sensitive products can be stored in-between movement.
Indonesia Cold Chain Logistics Industry Definition and Major Segments
Cold chain logistics refers to the various products and technologies used in the storage and transportation of products that are temperature sensitive and require consistently cool temperatures. While temperature-controlled vehicles are used for movement of products, cold storage warehouses are used for product storage. Precise temperature control is vital to prevent spoilage or damage to products such as frozen foods or pharmaceuticals.
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Based on business type, the market is divided into:
- Cold Storage
- Cold Chain Transport
On the basis of product, the market is bifurcated into:
- Air Conditioning
By technology, the market is segmented into:
- Air Blown
Based on end-use, the market is categorised into:
- Fruits and Vegetables
- Meat, Fish, and Sea Food
- Bakery and Confectionary
- Dairy and Frozen Desserts
- Drugs and Pharmaceuticals
Among the key trends influencing the Indonesia cold chain logistics market are the increasing work force and growing demand for convenience foods. As workers become more busy, they are preferring frozen foods that can be quickly prepared without much effort. Accordingly, the demand for cold chain logistics to transport various frozen foods is increasing. Freezing helps extend the shelf life of foods while also maintaining their nutritional and flavour profiles.
Rising investments in healthcare infrastructure are also a crucial trend in the Indonesia cold chain logistics market. Various drugs and pharmaceuticals such as insulin, vaccines, and blood products require adequate refrigeration in order to maintain the quality of the product and prevent degradation. As the healthcare infrastructure and access to pharmaceutical products expands within Indonesia, the demand for the cold chain logistics market in the country is anticipated to expand further.
Adoption of advanced technologies in cold chain logistics in Indonesia is also augmenting the market growth. Usage of technologies such as electronic data exchange (EDI), radiofrequency identification, and blockchain are improving the tracking capabilities of various temperature-sensitive products through lengthy supply chains. These technologies, as well as Internet of Things (IoT) enable enhanced accuracy of cold chain logistics, thereby reducing damage and spoilage of products in cold chain logistics.
Key Market Players
The major players in the Indonesia cold chain logistics market report are PT. Dua Putera Perkasa, MGM Bosco Logistics, PT Sukanda Djaya, PT Sukanda Djaya, PT.CKL Indonesia Raya “CKL Cargo”, PT. Surya Alam Tunggal, Wirontono Cold Storage & Industry, Wira Logistics, Alpine Cool Utama Group, and Guna Pratama, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
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