Market Research Reports - Ken Research Competition Vietnam Cold Chain Industry | Page 2

2011 to USD ~ billion in 2013. The market grew at ~% from 2011-2012 and at ~% during 2012-
2013 showcasing the rising market for cold storage in the country as the demand for frozen
food had risen during the review period. The dairy industry increased at an annual growth of ~%
during the period 2011-2016.
Vietnam Cold Storage Market Segmentation
By Type of Cold Storage (Manufacturing Cold Storage, Trading Cold Storage and Bonded
Warehouse Cold Storage)
The number of manufacturing cold storages dominated the cold storage market in Vietnam in
2016 accounting to ~ cold storages. North and Central Coastal region in Vietnam has the highest
number of manufacturing cold storages and Mekong Delta region has highest manufacturing
cold storage capacity. The number of trading cold storages followed the number of
manufacturing cold storages in Vietnam during 2016.
By Size of Warehouses (Large, Medium and Small)
Large warehouses (above 10,000 pallets) dominated Vietnam cold storage market in terms of
revenue contributing ~% share. The large warehouses have a capacity of more than ~ pallets
and hence the number of items or products stored in these warehouses is higher than that can
be stored in small or medium warehouses. These include Swire Cold Storage (~ pallet capacity),
Preferred Freezer Services (~ pallets), Hung Vuong Corporation (~ pallets), Mekong Logistics (~
pallets) and Sojitz and Kokubu (~ pallets). Medium firms attributed ~% revenue in the total cold
storage market in Vietnam in 2016.
By HCM, Hanoi and others
HCM dominated the cold storage market with ~% revenues share in the overall cold storage
market during 2016. Various cold storage capacities are present in HCM both for personal use
and renting such as Konoike Vina, Swire Cold storage, CLK Cold Storage and others. Hanoi
followed HCM with ~% revenue share in the overall Vietnam cold storage market in 2016.
Vietnam Cold Storage Market Future
The cold storage market in Vietnam is expected to augment at a five year CAGR of ~% from USD
~ million in 2016 to USD ~ million in 2021. The companies are plann