Market Research Reports - Ken Research Competition Vietnam Cold Chain Industry | Page 3

Vietnam cold transport market has increased at a five year CAGR of ~% from USD ~ million in
2011 to USD ~ million in 2016. owing to rise in the products which requires temperature
controlled transportation from one place to other. The companies have been increasing their
fleet in order to meet the demand of the customers including Konoike Vina (~ cold reefer
trucks), Swire Cold Storage (~ pallet trucks ~ Forklift and ~ reach trucks) and Sojitz and Kokubu
(~ trucks).
Vietnam Cold Transport Market Segmentation
By Type of Delivery (Express Delivery and Normal Delivery),
Express delivery has dominated the cold transport market in Vietnam in 2016 and has
attributed revenue share of ~% in the overall cold chain market. Major items that are
transported have short expiration duration. The quality of the products deteriorates if not used
in the expected time. The pharmaceutical products including vaccines and injections are
transported by the express delivery only as they are very critical in nature. The pharmaceutical
sector is one of the major contributors to the express deliveries in the cold chain industry in the
country.
By Domestic and International Transport Facilities
Domestic transportation dominated the cold transport market in Vietnam during 2016 with ~%
revenue share. Major companies involved in domestic transportation include Panasato,
Yamato, Konoike Vina and others. International transport facilities attributed ~% share in the
revenues of Vietnam cold transport in 2016. The international transportation facilities are
carried out at a lower rate than the domestic transportation as the numbers of shipments that
take place internationally are fewer.
Vietnam Cold Transport Future Outlook
Cold transport market is expected to increase at a five year CAGR of ~% from USD ~ million in
2016 to USD ~ million in 2021. Various pharmaceutical products are not manufactured
domestically and hence will be transported from other countries and thus will raise the
requirement for cold transport facilities making a positive impact on the market. The
Vietnamese market is estimated to import ~ metric tons of beef and ~ metric tons of pork from
the US in 2017 which requires cold transport services. Various companies are planning to
increase their fleet in order to serve the rising demand of the cold chain logistics
Competitive Landscape for Vietnam cold Chain Market
Vietnam cold chain market is fragmented with presence of major players such as Kuehne Nagel,
Swire Cold Storage, Preferred Freezer Services, Schenker, Agility, APL, K-Line, Maersk Logistics,