Logistics Cost Cold Chain Vietnam, Vietnam Medium Warehouses - Ken Research
by Ashish Kumar Market ResearcherThe
report titled “Vietnam Cold
Chain Market by Cold Storage and Cold Transport, Product Type (Bakery,
Confectionary, Dairy, Meat & SeaFood, Vaccines & Pharmaceutical, Fruits
& Vegetables, Chemicals) – Outlook to 2021” which provides a comprehensive analysis of
cold chain market in Vietnam. The report covers Vietnam Cold Chain Market by
Type (Cold Storage and Cold Transport), by Industries (Meat and Seafood,
Pharmaceutical, Fruits and Vegetables, Bakery and Others), by Type of Cold
Storage (Rented and Owned), by Demand for Cold Storage by Region (HCM, Hanoi
and others), by Type of Cold Storage (Manufacturing Cold Storage, Trading Cold
Storage and Bonded Warehouse Cold Storage), by Size of Cold Storage Firms
(Small, Medium and Large), by Domestic and International Cold Transport. The
report also covers market in different aspects such as supply chain analysis,
competitive landscape and company profiles for major players including Swire
Cold Storage Vietnam Limited, Lotte Logistics Vietnam Co. Ltd, Konoike Vina,
CLK Cold Storage Company Limited, Hung
Vuong Corporation, Sojitz and Kokubu, Mekong Logistics Company Limited, Kuehne
Nagel, Preferred Freezer Services, Panalpina, Triton Container International,
DB Schenker, Agility Logistics Vietnam, APL Vietnam, Maersk Line, MP Logistics,
Vinafco Vietnam.
Market Overview
Vietnam
cold chain market inclined from USD ~ billion in 2011 to USD ~ billion in 2016
at a five year CAGR of ~% during this period. Cold storage dominated the cold
chain market in 2016 by attributing ~% market share owing to the demand of
storing seafood, meat, fruits, vegetables, bakery and pharmaceutical products.
Cold transport has contributed a share of ~% in terms of revenues in cold chain
industry in Vietnam in 2016. The cold transport market increased at a five year
CAGR of ~% during 2011-2016 which had a positive impact on the cold chain
industry of the country.
By Industries (Meat and Seafood,
Pharmaceutical, Fruits and Vegetables, Bakery and Others)
Seafood
and meat industry have dominated the cold chain market with ~% revenue share in
2016 in Vietnam owing to domestic and international demand for these products.
Pharmaceutical industry attributed revenue share of ~% in the cold chain
industry owing to the rise of pharmaceutical products sales due to government
initiatives to achieve universal health coverage in the country and the rising
life expectancy of the population. Fruits and vegetables accounted for revenue
share of ~% in cold chain market of Vietnam in 2016.
Vietnam Cold Storage Market
Vietnam
cold storage market has increased at a five year CAGR ~% from USD ~ million in
2011 to USD ~ million in 2016. The processed meat and seafood industry grew
from USD ~ billion in 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 planning
to expand their capacity further by increasing the number of warehouses such as
Konoike Vina. Swire Cold Storage also plans on expanding its functions by
constructing new cold storage facilities such as completion of its Bac Ninh
project took place in August 2017.
Vietnam Cold Transport Market
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, CLK Logistics, Panasato, Sojitz and Kokubu, Konoike
Vina, Mekong logistics, Hung Vong and Lotte Logistics. The players compete on
various parameters including total space of temperature controlled area, number
of temperature maintained fleets, local coverage area, cost per pallet space,
support services, number of pallets, number of offices, warehouses, production
capacity, clientele and verticals served/ specialization.
Vietnam Cold Chain Market Future
Outlook
Vietnam
cold chain market is expected to increase at a CAGR of ~% during 2016-2021
owing to the rise in the demand for the cold transport and cold storage in the
country. The enforcement of Trans-Pacific Partnership agreement in 2018 is
expected to facilitate goods flow into Vietnam especially seafood and
agricultural products which will enhance the demand for cold storage in the
country. The cold chain market future is compelling as the companies are
planning to augment the capacity by increasing the number of warehouses in the
country.
Key Topics Covered in the Report:
Comparative
Analysis of Vietnam Cold Chain Logistics Market with Asia Pacific Cold Chain
Logistics
Supply
Chain Analysis in Vietnam Cold Chain Market
Vietnam
Cold Chain Market Overview and Genesis
Vietnam
Cold Chain Market Size
Rail
Cold Transport Vietnam
Vietnam
Cold Storage Market
Cold
Chain Logistics Vietnam
Pallet
Size Vietnam
Vietnam
Cold Chain Sector
Industry
Norms Cold Transport
Number
of Pallets Vietnam
Cold
Chain Delivery in Vietnam
Vietnam
Cold Transport Market
Vietnam
Cold Chain Market
Manufacturing
Warehouses in Vietnam
Frozen
Food Sales in Vietnam
Large
Warehouses in Vietnam
Vietnam
Cold Chain Market Segmentation
Trends
and Developments in Cold Chain Market
SWOT
Analysis of Vietnam Cold Chain Market
Competitive
Landscape of Major Players in Vietnam Cold Chain Market
Snapshot
on Vietnam Third Party Logistics
Industry
Norms and Regulations
Vietnam
Logistics Infrastructure
Vietnam
Cold Chain Market Future Outlook and Projections
Macroeconomic
Factors affecting Vietnam Cold Chain Market
Analyst
Recommendation for Vietnam Cold Chain Market
For more information on the research
report, refer to below link:
Related Reports by Ken Research
Contact:
Ken
Research
Ankur
Gupta, Head Marketing & Communications
+91-124-4230204
Sponsor Ads
Created on Jan 12th 2018 04:14. Viewed 736 times.