Philippines Cold Storage Industry Growth: Ken Research


How Is The Philippines Cold Chain Market Positioned?

During the 1980s till 2002, the Philippines ‘ frozen storage industry was considered to be in its nascent or emerging phase. Owing to the geographical location, the country experiences a high average annual temperature ranging from +21C to +32C. This results in high demand for low-temperature control services including cold storage pallets. However, during this phase, there was an acute shortage of cold chain solutions especially in rural areas which augmented the demand in this industry. On the contrary, the market also faces challenges of high maintenance costs indicating a dire need for government and private initiatives to instill momentum in the sector. The year 2002 witnessed the formation of the Cold Chain Association of the Philippines, commonly referred to as CCAP with over 100 logistics and construction companies as its members.

Consequently, initiatives such as the Philippines National Cold Chain Program launched in 2004 by USDA Food for Progress, Philippine Nautical Highway System and introduction of RORO system in 2015 also propelled the frozen industry of the country. Presently, the market is in its growth stage and has constantly risen to owing to factors such as increasing demand for cold transport and blast freezer services, increase in per capita income and growing consumer preference for fast food products. Budding e-commerce business and online grocery shopping have also positively impacted the cold storage business.

Philippines Cold Chain Market

What Is Philippines Frozen Storage Demand Side Analysis?

 To assess the demand for frozen pallets in the Philippines, our team compared the Philippine market with Indonesia market including frozen food production and imports estimating the amount at ~ million tons and ~ million tons during 2019 for Philippines and Indonesia respectively. Thus, for the number of pallets positions per ton to be at par between the Philippines and Indonesia, The Philippines should have ~ pallet positions, implying a shortage of around ~ pallets. Moreover, since the Philippines have ~ times higher food wastage than Indonesia, the additional pallet position required in the Philippines was around ~ pallets in 2019.

What Is The Demand-Supply Gap For Frozen Storage Pallets In the Philippines?

The Philippines required additional ~ pallet positions to meet the frozen food consumption requirement accounting for food wastage. In the next five years until 2025, we are anticipating this gap to be reduced to approximately ~ pallet positions as various players complete their respective expansion projects.

Key Segments Covered: –

Types of Products:

Meat and Seafood

Fruits and Vegetables

Dairy Products

Bakery and Confectionary

Vaccination and Pharmaceuticals

Others (Include animal feed, hotdogs, burgers, fries, chemicals and several others)

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: 2014-2019

Forecasted Period: 2020F-2025F

Companies Covered:

Jentec Cold Storage

Glacier Megafridge

Mets Logistics

Royal Cargo

Big Blue Logistics

Royale Cold Storage

ORCA Cold Chain

Vifel Ice Plant & Cold Storage

Koldstor Inc.

Polar Bear Freezing Services

Frabelle Cold Storage

Arctic Cold Storage

Igloo Supply Chain

Antarctica Cold Storage

VVS Cold Storage

Crystal Cold Storage

Benson Industrial Cold Storage

JM Processing

Cold Chain Warehouse Specialist

San Simon Cold Storage

Cebu Subzero Logistics

Estrella Cold Storage

WCL Cold Storage


Aspen Cold Storage

Key Topics Covered in the Report: –

Executive Summary

Research Methodology

Ecosystem of Philippines Cold Chain Market

Infrastructural Analysis of Philippines

Value Chain Analysis of Philippines Cold Chain Market

Comparative Analysis of Philippines with Other Cold Chain Markets Philippines Cold Chain Market

Philippines Cold Storage Market

Philippines Cold Transport Market

Regulatory Landscape of Philippines Cold Chain Market

Trends and Developments in Philippines Cold Chain Market

Issues and Challenges in Philippines Cold Chain Market

Decision Making Parameters for End Users in Philippines Cold Chain Market

SWOT Analysis of Philippines Cold Chain Market

Competitive Landscape in Philippines Cold Chain Market

Macroeconomic Factors Impacting Philippines Cold Chain Market

Analyst Recommendations

For More Information on the research report, refer to below links: –

Philippines Cold Chain Industry Growth

Related Reports by Ken Research: –

Philippines Frozen Storage Market Outlook to 2025-Driven by Growing Meat and Seafood Consumption and Insufficient Pallet Capacity to Tackle Food Wastage

End User Perspective in Central Luzon Cold Storage Market- Dominance of Meat and Seafood Production Albeit by Inadequate Storage Facilities and Frequent Power Outrages

Philippines Logistics and Warehousing Market Outlook to 2024 – By Freight Forwarding (Air, Sea, Land), Domestic and International Freight Flow Corridor; By Warehousing (Industrial/Retail Freight, Container Freight, Cold Storage, Agriculture and Others), Express and E-commerce Logistics, Balikbayan Box, Third Party Logistics

Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications


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