Indonesia Cold Chain Logistics Market Outlook
According to a new report by Expert Market Research titled “Indonesia Cold Chain Logistics Market Size, Share, Analysis, Report, Demand, Forecast 2024-2032″, the Indonesia cold chain logistics market grew significantly in 2023. Aided by the growing demand for perishable food products, pharmaceuticals, and the e-commerce boom in Indonesia, the market is projected to further grow at a CAGR of 10.1% between 2024 and 2032.
Cold chain logistics involves the storage and transportation of temperature-sensitive products through a thermal and refrigerated packaging method. This supply chain ensures that products maintain their quality and longevity by keeping them in a specific temperature range, thus playing an indispensable role in the transport of food, pharmaceuticals, chemicals, and other perishable items.
Indonesia, with its vast archipelago, varying climatic conditions, and booming consumer market, presents unique challenges and opportunities for cold chain logistics. The increasing consumption of fresh produce, dairy, meat, and seafood by the burgeoning middle class has significantly driven the Indonesia cold chain logistics market demand.
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Furthermore, Indonesia’s healthcare sector has seen substantial growth, particularly in the realm of biopharmaceuticals and vaccines. These products require stringent temperature control throughout their storage and transportation lifecycle, further underlining the criticality of robust cold chain logistics.
The rapid growth of e-commerce platforms in Indonesia is another pivotal factor augmenting Indonesia cold chain logistics market growth. Online grocery shopping, which necessitates efficient last-mile cold delivery solutions, has become a trend in urban areas, fuelled by the ongoing digital transformation and increased smartphone penetration.
Additionally, the Indonesian government’s initiative, known as the “National Logistics System”, aiming to improve the overall logistics infrastructure and efficiency in the country, has provided a boost to the cold chain sector which further adds value to the Indonesia cold chain logistics market size. Public-private partnerships and foreign investments are being encouraged to enhance the cold chain infrastructure, especially in the eastern part of Indonesia.
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Technological advancements like IoT integration for real-time temperature monitoring and the development of energy-efficient refrigeration systems are also expected to drive the market forward. In the backdrop of these developments, various global and local players are expanding their presence in the country. As per the Indonesia cold chain logistics market analysis, investments in warehousing, fleet expansion, and advanced refrigeration technologies are on the rise, indicating a favourable outlook for the market.
Market Segmentation
The market can be divided based on business type, temperature, technology, and end use.
Market Breakup by Business Type
- Cold Storage
- Cold Chain Transport
Market Breakup by Temperature
- Chilled
- Frozen
Market Breakup by Technology
- Air Blown
- EUTECTIC
- Others
Market Breakup by End Use
- Fruits and Vegetables
- Meat, Fish, and Sea Food
- Bakery and Confectionery
- Dairy and Frozen Desserts
- Drugs and Pharmaceuticals
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Indonesia cold chain logistics market. Some of the major players explored in the report by Expert Market Research are as follows:
- PT Dua Putra Perkasa Pratama
- PT Mulia Bosco Logistik (MGM Bosco Logistics)
- PT Sukanda Djaya
- Kiat Ananda Group
- CKL Indonesia Raya (CKL Cargo)
- YCH Group
- TITAN Containers A/S
- PT Perintis Sempurna Bersama (Coldspace)
- Guna Pratama
- PT Gudang Segar Indonesia (Fresh Factory)
- Others
Frequently Asked Questions (FAQs) –
Question: What is the anticipated growth rate of the market?
Answer: The market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 10.1% during the forecast period from 2024 to 2032.
Question: What are the primary drivers of the market?
Answer: Key drivers include ongoing enhancements in delivery systems, a rising number of refrigerated warehouses, increased demand for perishable goods, the rapid expansion of the processed food sector, and continuous technological advancements.
Question: What are the prevailing trends in the cold chain logistics market?
Answer: Growing e-commerce activities and an escalating demand for frozen fast-food products are pivotal trends fostering market growth.
Question: What are the main business types in Indonesia’s cold chain logistics market?
Answer: The significant business types include cold storage and cold chain transport.
Question: Why is cold chain logistics significant?
Answer: Efficient cold chain management extends the reach and penetration of products sensitive to temperature, allowing for the transportation of such goods over longer distances.
Question: What are the primary technologies in Indonesia’s cold chain logistics market?
Answer: Primary technologies encompass air-blown and EUTECTIC technologies, among others.
Question: What are the various end-uses of cold chain logistics in Indonesia?
Answer: Cold chain logistics are utilized for various end-uses, including fruits and vegetables, meat, fish, and seafood, bakery and confectionery, dairy and frozen desserts, as well as drugs and pharmaceuticals.
Question: Who are the key players in the market, as per the Indonesia cold chain logistics market report?
Answer: Major market players include PT Dua Putra Perkasa Pratama, PT Mulia Bosco Logistik (MGM Bosco Logistics), PT Sukanda Djaya, Kiat Ananda Group, CKL Indonesia Raya (CKL Cargo), YCH Group, TITAN Containers A/S, PT Perintis Sempurna Bersama (Coldspace), Guna Pratama, PT Gudang Segar Indonesia (Fresh Factory), and others.
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