Thailand Cold Chain Market is expected to Generate more than THB 20 Bn in 2026F due to Growing Demand for Frozen Food Products, Growth in Food Delivery Business: Ken Research

Shortage of cold storage Space: In the present situation, there is a shortage of cold storage space as compared to the demand, hence creating a supply gap. This creates huge expansion opportunities for companies to increase their capacity and capitalise on the unmet demand. For example: Bangkok cold storage service and k line container service will establish new warehouses in Bang na district near Bangkok. Shortage of cold storage Space : In the present situation, there is a shortage of cold...

Shortage of cold storage Space: In the present situation, there is a shortage of cold storage space as compared to the demand, hence creating a supply gap. This creates huge expansion opportunities for companies to increase their capacity and capitalise on the unmet demand. For example: Bangkok cold storage service and k line container service will establish new warehouses in Bang na district near Bangkok.

High Operational Cost Associated with Logistics: Rising cost of electricity and fuel are driving the operational cost of cold storage and transportation services, further narrowing down the margins. Currently, the cost of per Kilowatt hour (Unit of ) Electricity is 4.72 Baht aa t record high level.

Iot-Enabled Temperature Monitoring: Iot-Enabled Temperature Monitoring helps in monitoring goods round the clock, temperature logging has become way easier than manual methods, previously undertaken. This has resulted in increasing demand for data cold chain monitoring during the pandemic.

Analysts at Ken Research in their latest publication- "Thailand Cold Chain Market Outlook to 2026F - Driven by Rising Import-Export Trade Volume and Domestic Consumption of Meat, Seafood and Popularity of Ready to Eat Frozen Processed Food" by Ken Research provides a comprehensive analysis of the potential of Cold Chain Industry in Thailand. With the rising demand for meat and other cold storage items among the population, along with Government initiatives to better roads, ports and transportation facilities, the Cold Chain market has shown significant growth during the current period.

Key Segments Covered:

Thailand Cold Chain Market

By Revenue Split

By End User

By Ownership

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Thailand Cold Transport Market

By Truck Type

By Mode of Transportation

By Location

By Vicinity

By End User

Thailand Cold Storage Market

By Temperature range (by number of pallets)

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By Automation (by pallets) 

By End User

By Region

Key Target Audience:

Time Period Captured in the Report:

Companies Covered:

Key Topics Covered in the Report:

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Thailand Cold Chain Market

Related Reports By Ken Research:

Indonesia Cold Chain Market Outlook to 2026F-- Driven by Rising Fisheries Industry & Convenience Food Consumption Owing to Growing Population and Infrastructural Development

The Indonesia Cold Chain Market witnessed a growth during the period 2016-2021 and the market would continue to grow owing to increasing demand for temperature- controlled products in the country, entry of several new players. The nation has also started projects to bring down supply chain and logistics expenses, notably by creating a national logistics platform and a sea toll program. As the demand for transporting refrigerated products is increasing, so will the demand for value-added services such as repackaging and consolidation, which will increase the demand for 3PLs in the country. In addition, a 3PL can offer customized warehouses based on customer needs.

Singapore Cold Chain Market Outlook to 2026F-- Driven By Rising Meat and Seafood Consumption Coupled With Demand for Temperature Sensitive Health Care Products

According to Ken Research estimates, the Singapore Cold Chain Market – which grew from approximately SGD ~10.0 Bn in 2016 to approximately SGD ~14.0 Bn in 2021 – is forecasted to grow further into SGD ~19.0 Bn opportunity by 2026F, owing to the rising household expenditure on food products and investments in the health care sector.

Brazil Cold Chain Market Outlook to 2027- Driven by increasing exports and imports and consolidation of the market by large players

The evolution of Cold Chain is being driven by the appearance of new companies with a vision of opportunity in the business and aim to capture market share. The Cold Chain market in Brazil is emerging with key projects due to high exports of fruits and vegetables. Brazil Cold Chain Market is currently at the growth stage and the market is currently increasing at a double digit CAGR owing to rising growth in export of meat products and import of pharmaceuticals.

Nigeria Cold Chain Market Outlook to 2026 – Driven by high food produce wastage due to lack of cold chain infrastructure, solar-focused start-ups, and increased disposable income of consumers

Nigeria Cold Chain Market is Expected to grow at a CAGR in double digits between 2021 and 2026F, one of the major determinants for the surging growth in coming years is the development of infrastructure, Improvement of pharmaceutical cold chain, Government Efforts and big Investments like, Triple I, an investment fund that invests in Sub-Saharan businesses to drive social impact decided to make an investment in the cold chain industry of Nigeria. The president of Organization for Technology Advancement of Cold Chain in West Africa, has recently urged all the state(s) and federal governments to invest in cold chain to reduce food wastage.

Vietnam Cold Chain Market Outlook to 2026F- Driven by Rising Meat and Seafood Consumption Owing to Growing Millennial Population Albeit Infrastructure Challenges

Vietnam cold chain market was evaluated to grow at a double-digit CAGR during 2016-2021.The market is currently in the growth stage owing to rising domestic consumption of meat and seafood along with increasing government initiatives and investments in the sector. Correspondingly, the Vietnam Cold Chain Industry Ecosystem is driven by large-scale 3PL companies with Real Estate companies investing in logistics services. The occupancy rate in the cold storage market has been increasing owing to undersupply of cold storage warehouses, especially in the major cities and ports where demand for cold storage is exceeding the supply. Other factors affecting prices also include the increasing demand for citrus, meat, and seafood.

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