Thai Government’s Investment In Upgrading Aviation Capacity At International Airports As Well As In Developing The Eastern Aviation City Is Supporting Thailand’s Position As An Important Investment And Logistics Hub: Ken Research

ByKen Research

Rising Domestic Consumption of Meat:  The leading meat products consumed in the country are chicken and pork based in 2021 but beef consumption has risen 25% during the past five years. Thailand is the world’s fourth-largest poultry exporter, with around 80% of the poultry produced by vertically integrated farms. The per capita chicken consumption in Thailand increased to an average of 25 Kg per year in 2021, up from 12 kg per year in 2010.

Thailand Cold Chain Market

Growth of Retail, Frozen Food, E-Commerce Industry: Fast paced lifestyle and rise in per capita income in the Thailand has increased the demand for frozen ready-to-cook food. Thailand is the home of top e-commerce retails of Southeast Asian region like Shoppe, Lazada, JIB etc. The major retail players like Tesco Lotus, 7-Eleven, Tops Super Market, Big C have expanded their geographical presence in the country.

Growing Real Estate Cost: Even though, there is shortage of cold storage space in Thailand, providing growth opportunities, many cold storage companies are not able to open new warehouses or increase existing capacity due to very high investment requirement. Due to the cluster of warehouses already located in Samut Prakan region and its proximity to Bangkok city, there is significant price hike for land and property causing a hindrance in buying land for further expansion. The region witnessed 12% YoYprice increase in year 2021.

Growth in Thailand Cold Chain Market: The major growth supporting factors in Thailand cold chain market was the growing export of seafood, fruits and vegetables requiring cold storage and transportation facilities to remain fresh and healthy. The market for lamb meat, chicken and sea food has the highest revenue share from the frozen temperature market followed by fruits and vegetables requiring a chilled temperature range.

Analysts at Ken Research in their latest publication- “Thailand Cold Chain Market Outlook to 2026F – Driven by Rising Import-Export Trade Volume and Domestic Consumption of  Meat, Seafood and Popularity of Ready to Eat Frozen Processed Food” by Ken Research provides a comprehensive analysis of the potential of Cold Chain Industry in Thailand. With the rising demand for meat and other cold storage items among the population, along with Government initiatives to better roads, ports and transportation facilities, the Cold Chain market has shown significant growth during the current period.

Key Segments Covered

Thailand Cold Chain Market

  • By Revenue Split:
  • Cold Transport
  • Cold Storage
  • By End User:
  • Meat and Seafood
  • Dairy Products
  • Processed Frozen Foods
  • Vaccination and Pharmaceuticals
  • Fruits and Vegetables
  • By Ownership:
  • 3PL Cold Chain Facilities
  • Owned

Thailand Cold Transport Market

  • By Truck Type
  • Reefer Vans/Trucks (1 to 10 Tons)
  • 20 foot reefers (10 – 20 Tons)
  • 40 foot reefers and others (more than 20 tons)
  • By Mode of Transportation
  • Land
  • Sea
  • Air
  • By Location
  • Domestic
  • International
  • By Vicinity
  • Inter-city
  • Intra-city
  • By End User
  • Meat and Seafood
  • Dairy Products
  • Vaccination and Pharmaceuticals
  • Processed Frozen Foods
  • Fruits, Vegetables and others

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Thailand Cold Storage Market

  • By Temperature range (by number of pallets)
  • Frozen
  • Chillers
  • Ambient
  • By Automation (by pallets)
  • Automated Pallets
  • Non-automated Pallets
  • By End User
  • Meat and Seafood
  • Dairy Products
  • Vaccination and Pharmaceuticals
  • Processed Frozen Foods
  • Fruits, Vegetables and others
  • By Region
  • Bangkok (Including Samut Prakan and Samut Sakhon)
  • Chonburi
  • ChiangMai
  • Others

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Key Target Audience

  • Cold Storage Companies
  • Cold Chain Companies
  • Cold Transport Companies
  • Captive Cold Storage Companies
  • Captive Cold Chain Companies
  • Logistics Companies
  • Non-captive Companies
  • Cold Chain Associations
  • Logistics Associations
  • Private Equity Firms
  • Venture Capitalists

Time Period Captured in the Report:

  • Historical Year: 2016-2021
  • Base Year: 2021
  • Forecast Period: 2022P– 2026F

Companies Covered:

  • JWD Infologistics
  • Thai Yokorei co Ltd
  • Sinchai Cold Storage
  • Konoike Cool Logistics (Thailand)
  • Bangkok Cold Storage Service ltd.
  • CTD Cold Storage
  • Thaimax Cold Storage
  • SCG Nicherei Logistics
  • Lucky Star
  • Mon Logistics
  • Mobile Logistics
  • Piti Cold Storage
  • Interexpress
  • Kerry Cool Logistics
  • Chomthana

Key Topics Covered in the Report

  • Thailand Cold Chain Market Overview
  • Thailand Market Overview
  • Ecosystem of Thailand Cold Chain Market
  • Business Cycle and Genesis of Thailand Cold Chain Market
  • End User Analysis of Thailand Cold Chain Market
  • Flowchart of Thailand Cold Chain Market
  • Industry Analysis of Thailand Cold Chain Market
  • SWOT Analysis of Thailand Cold Chain Market
  • Major Challenges and Bottlenecks in Thailand Cold Chain Market
  • Regulatory Framework in Thailand Cold Chain Market
  • Competitive Landscape in in Thailand Cold Chain Market
  • Market Share of Major Cold Storage Services in Thailand Cold Chain Market
  • Detailed Analysis on Thailand Cold Chain Market (Market Size and Segmentation, 2016-2022; Future Market Size and Segmentation, 2022-2027F)
  • Market Opportunity and Analyst Recommendations

For more information on the research report, refer to below link:

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