There has been increase in the number of cold trucks by the companies over the years catering to industries such as manufacturing, seafood and meat, pharmaceutical, eCommerce and others.
There has been a steady growth in the demand for refrigerated trucks in Thailand. The increasing demand for frozen food and ready to eat meals triggered the growth in cold transport market in the country. There has been rise in the consumption of frozen foods and ready to eat meals largely due to boom of hyper marts and convenience stores across Thailand. The import and export industry also increased making a positive impact on the cold transport industry. The export of fisheries products and seafood from Thailand is in very high volume which is one of the major growth drivers of the cold chain market in the country. The increasing preference for the Japanese cuisines among Thai consumers along with the increase in Japanese tourist arrivals in the country due to latest visa relaxation between the two countries has provided incentives to major Japanese cold transport logistics firm to set-up base in Thailand and provide Japanese food delivery. Major commercial cold storage providers are mainly situated in the South of Bangkok mainly in Samut Prakan and Samut Sakhon provinces. The major road infrastructure projects that are undergoing among Thailand and other ASEAN nations will increase the demand for cold transportation substantially.
Analysts at Ken Research in their latest publication “Thailand Cold Chain Market Forecast to 2022 – By Type (Cold Storage and Cold Transport), By 3PL, By Temperature Range, By Region, By International and Domestic Cold Transport and By Modes of Transport (Ground, Air and Sea)” believe that capacity expansion, tie ups with e-commerce players and using innovative technologies in the industry will aid Thailand cold chain market to develop.
Thailand Cold Chain market is expected to register a healthy five year CAGR of around 6.0% during the period 2017-2022. Rising e-commerce and use of updated technology are expected to have positive impact on the demand for cold storage and cold transport.
Key topics covered in the report
Thailand Temperature Controlled Logistics Market
Cold Chain Management Thailand
Thailand Cold Chain Market Future
Growth Cold Chain Logistics
Cold Chain Challenges Thailand
Thailand Cold Chain Companies
Cold Chain Investment in Thailand
Cold Chain Logistics Efficiency Thailand
Thailand’s Cold Storage Small Warehouse
Thailand Cold Chain Market by Type (Cold Storage and Cold Transport), by Ownership (3PL and Owned); by Temperature Range of Cold Storage; by Region (Bangkok and Others); by Domestic and International Cold Transport and By Mode of transport (Ground, Air and Sea)
JWD Logistics, Yokrei Cold Storage, Sinchai Cold Storage, Kainoke Cold Storage, Bangkok Cold Storage, CTD Cold Storage, Thai Max Cold Storage, SCG Cold Logistics
For more information on the research report, refer to below link:
Ankur Gupta, Head Marketing & Communications