Market Research Reports - Ken Research Philippines Cold Chain Market Research Report

Philippines Cold Chain Market Research Report to 2020: Ken Research
The report titled "Philippines Cold Chain Market Outlook to 2020 - Government Initiatives and
Rising Consumer Demand for Frozen Food to Foster Future Growth" which provides a
comprehensive analysis of the cold chain market in Philippines. The report covers various
aspects such as market size of Philippines cold chain market, segmentation on the basis of cold
storage and cold chain transport, B2B and B2C segments, Type of Deliveries-Express and Non-
Express, products, regional cold storage warehousing capacity and others. The report will help
industry consultants, manufacturing companies of temperature sensitive goods, cold chain
service providers in the country and other stakeholders to align their market centric strategies
according to ongoing and expected trends in the future. The market comprises of a number of
cold chain service providers such as Jentec Cold Storage, Glacier, Polar Bear, Royal Cargo, Vifel,
Royale Cargo, Igloo and others.
The industry has grown at a rapid pace of ~% over the period 2010-2015 and reached INR ~
million in 2015. The growth in the Philippines cold chain market over the period 2010-2015 was
primarily supplemented by growing market size of frozen and chilled processed food,
amplifying demand for vaccines and other Pharma goods in the country and entry of new
players in the market.
Cold chain transport and cold storage are the two major components of a cold chain industry.
Cold chain transport has been the dominant segment as it has acquired a revenue share of ~%
in the cold chain market of Philippines during 2015. On the other hand, cold storage has
garnered a share of ~% in the cold chain market during 2015. Lower share of cold storage in the
cold chain market of Philippines has been perceived on the grounds of rising cost of
power/electricity in Philippines over the period.
Philippines Cold Chain Transport Market
Revenues of the cold chain transport market have amplified from USD ~ million in 2010 to USD
~ million in 2015. The market has grown at a CAGR of ~% over the period 2010-2015.
Infrastructural development by the government, increasing number of food businesses and
amplifying B2C sector have propelled the market over the period 2010-2015. Increasing exports
of temperature controlled products in Philippines has also supported the growth in the market
over the period 2010-2015.
Cold chain transport market of Philippines can be divided into sea transportation, road
transportation, air transportation. Philippines are very strategically located on the global
landscape. It is very well connected to different continents via the sea route. Liner Shipping
Connectivity of Philippines has been reported at 21.8 in 2015 which has inclined from 15.2 in
2010. The Liner Shipping Connectivity Index captures how well countries are connected to