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The report titled u201cVietnam Cold Chain Market Outlook to 2026F- Driven by Rising Meat and Seafood Consumption Owing to Growing Millennial Population Albeit Infrastructure Challengesu201d provides a comprehensive analysis of the Cold Chain market in Vietnam. For more insights on the market intelligence, refer to the link below: u2013 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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The Vietnam cold storage sector is expected to grow with strong traction, likely driven by import and export orders for medicines and vaccines: Ken Research 1. Cold storage demand in Vietnam is high with 90% occupancy rate at nearly all facilities with highest share from export industry rather than for domestic consumption 100.0% Vietnam Cold Chain Market Revenues by End Users, 2021 95.0% 90.0% 85.0% 80.0% 75.0% 70.0% 2016 2017 2018 2019 2020 2021 Occupancy Rate (in%) The occupancy rate in the cold storage market has been increasing owing to undersupply of cold storage warehouses, especially in the major cities and ports where demand for cold storage is exceeding the supply. The occupancy rate is high due to need for preserving seafood, agricultural products, and fresh food. Although highest share of cold storage is in southern Vietnam, it is still overloaded with the increasing demand for food and essential goods for nearly 9.0 million people in Ho Chi Minh City. 2.Vietnam cold chain market is anticipated to grow owing to increase in trade, food delivery expansions and infrastructural projects in future Vietnam Cold Chain Market grew @9.4% CAGR during 2016-2021
350.0 30.0% 25.0% 300.0 20.0% 250.0 15.0% 200.0 10.0% 150.0 5.0% 100.0 0.0% 50.0 -5.0% 0.0 -10.0% 2016 2017 2018 2019 2020 2021 Vietnam Cold Chain Market size (in USD Mn) Growth Rate (%) With huge investment in cold storages and rising power prices & labour cost in the country along with rising automation and tech advancements in the country, storage cost is expected to increase in the future. Logistics players like Lineage, Transimex, Hung Vuong Corporation and others are to expand cold storage infrastructure facilities to accommodate the boom in demand for fresh produce and meat, driving the market growth. 3. Advanced sortation systems like drones, IoT, automated guided vehicles are some of the few emerging technologies in Vietnam Cold Chain Market
Automated Guided Vehicles (AGVs) are portable machines that navigate themselves through floor stickers, radio waves, vision cameras, wires, magnets, or lasers. In future many warehouses will be able to use drones to track their inventory. This will give warehouses of all sizes the ability to conduct comprehensive inventory counts and audits at the drop of a hat. The IoT can help warehouses to reduce risk and avoid mistakes or accidents that can create losses in the supply chain by early detection. Key Segments Covered in the report Vietnam Cold Chain Market By End User oMeat and Seafood oFruits and Vegetables oDairy and Bakery oVaccination and Pharmaceuticals oOthers By Ownership o3PL Cold Chain Facilities oOwned Vietnam Cold Storage Market By Temperature Range oFrozen oChillers oAmbient By Automation oNon-automated Pallets oAutomated Pallets By End User oMeat and Seafood oFruits and Vegetables oDairy and Bakery oVaccination and Pharmaceuticals oOthers By Major Cities oHo Chi Minh oHanoi Capital oBinh Duong oLong An oOther
Vietnam Cold Transport Market By Truck Type oReefer Vans/Trucks o20-foot reefers o40-foot reefers and others By Mode of Transportation oLand oSea oAir oIn Land Water ways By Location International Domestic By Vicinity Inter-city Intra-city By End User oMeat and Seafood oFruits and Vegetables oDairy and Bakery oVaccination and Pharmaceuticals oOthers 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 Period: 2016-2021 Base Year: 2021
Forecast Period: 2021-2026F Companies Covered: Lineage Transimex Hung Vuong Corporation AJ Total Vietnam Mekong Logistics ARC Bing Duong ABA Cooltrans Emergent cold storage SK Cold Storage Lotte logistics Konoike Hong Lai Group New Land Logistics Thang Long Logistics Crane Worldwide Logistics ALS Avaition Logistics Arctic Wolf Vinafco Key Topics Covered in the Report Country Overview and Infrastructure Analysis of Vietnam Vietnam Cold Chain Market Overview and Genesis Vietnam Cold Chain Industry Supply Ecosystem Business Cycle and Genesis of Vietnam Cold Chain Market Vietnam Cold Chain Market, 2016-2021 Vietnam Cold Chain Market Segmentation (by Cold Storage and Cold Transport, by Ownership and by End Users) Vietnam Cold Storage Market, 2016-2021 Vietnam Cold Storage Market Segmentation (by Automation, Temperature Range, by End Users and by region) Vietnam Cold Transport Market Overview, 2016-2021 Vietnam Cold Transport Market Segmentation (by Type of Reefer Truck, by Mode of Transportation, by Location & Vicinity and by end users) SWOT Analysis of Vietnam Cold Chain Market Competition Scenario of Vietnam Cold Chain Market Growth drivers of Vietnam Cold Chain Market Technological Advancements in the Vietnam Cold Chain Market Issues and Challenges in the Vietnam Cold Chain Market Recent Trends in the Vietnam Cold Chain Market End User Analysis of Vietnam Cold Chain Market Future Outlook of Vietnam Cold Chain Market, 2021-2026F
Future Outlook of Vietnam Warehousing Market, 2021-2026F Future Outlook of Vietnam Cold Storage Market, 2021-2026F Future Outlook of Vietnam Cold Transport Market, 2021-2026F Market Opportunities and Analyst Recommendation For more insights on the market intelligence, refer to the link below: – Vietnam Cold Chain Market: Ken Research Related Reports by Ken Research: – Philippines Cold Chain Market Malaysia Cold Chain Market South Africa Cold Chain Market Follow Us– LinkedIn | Instagram | Facebook | Twitter | YouTube