1. Cold storage demand in Vietnam is high with 90% occupancy rate at nearly all facilities with highest share from export industry rather than for domestic consumption
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. The occupancy rate is high due to need for preserving seafood, agricultural products, and fresh food. Although highest share of cold storage is in southern Vietnam, it is still overloaded with the increasing demand for food and essential goods for nearly 9.0 million people in Ho Chi Minh City.
2. Vietnam cold chain market is anticipated to grow owing to increase in trade, food delivery expansions and infrastructural projects in future
With huge investment in cold storages and rising power prices & labour cost in the country along with rising automation and tech advancements in the country, storage cost is expected to increase in the future. Logistics players like Lineage, Transimex, Hung Vuong Corporation and others are to expand cold storage infrastructure facilities to accommodate the boom in demand for fresh produce and meat, driving the market growth.
3. Advanced sortation systems like drones, IoT, automated guided vehicles are some of the few emerging technologies in Vietnam Cold Chain Market
Automated Guided Vehicles (AGVs) are portable machines that navigate themselves through floor stickers, radio waves, vision cameras, wires, magnets, or lasers. In future many warehouses will be able to use drones to track their inventory. This will give warehouses of all sizes the ability to conduct comprehensive inventory counts and audits at the drop of a hat. The IoT can help warehouses to reduce risk and avoid mistakes or accidents that can create losses in the supply chain by early detection.
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Key Segments Covered in the report
Vietnam Cold Chain Market
- By End User
- Meat and Seafood
- Fruits and Vegetables
- Dairy and Bakery
- Vaccination and Pharmaceuticals
- Others
- By Ownership
- 3PL Cold Chain Facilities
- Owned
Vietnam Cold Storage Market
- By Temperature Range
- Frozen
- Chillers
- Ambient
- By Automation
- Non-automated Pallets
- Automated Pallets
- By End User
- Meat and Seafood
- Fruits and Vegetables
- Dairy and Bakery
- Vaccination and Pharmaceuticals
- Others
- By Major Cities
- Ho Chi Minh
- Hanoi Capital
- Binh Duong
- Long An
- Other
Vietnam Cold Transport Market
- By Truck Type
- Reefer Vans/Trucks
- 20-foot reefers
- 40-foot reefers and others
- By Mode of Transportation
- Land
- Sea
- Air
- In Land Water ways
- By Location
- International
- Domestic
- By Vicinity
- Inter-city
- Intra-city
- By End User
- Meat and Seafood
- Fruits and Vegetables
- Dairy and Bakery
- Vaccination and Pharmaceuticals
- Others
Key Target Audience
- Cold Storage Companies
- Cold Chain Companies
- Cold Transport Companies
- Captive Cold Storage Companies
- Captive Cold Chain Companies
- Logistics Companies
- Non-captive Companies
- Cold Chain Associations
- Logistics Associations
- Private Equity Firms
- Venture Capitalists
Time Period Captured in the Report:
- Historical Period: 2016-2021
- Base Year: 2021
- Forecast Period: 2021-2026F
Companies Covered:
- Lineage
- Transimex
- Hung Vuong Corporation
- AJ Total Vietnam
- Mekong Logistics
- ARC Bing Duong
- ABA Cooltrans
- Emergent cold storage
- SK Cold Storage
- Lotte logistics
- Konoike
- Hong Lai Group
- New Land Logistics
- Thang Long Logistics
- Crane Worldwide Logistics
- ALS Avaition Logistics
- Arctic Wolf
- Vinafco
Key Topics Covered in the Report
- Country Overview and Infrastructure Analysis of Vietnam
- Vietnam Cold Chain Market Overview and Genesis
- Vietnam Cold Chain Industry Supply Ecosystem
- Business Cycle and Genesis of Vietnam Cold Chain Market
- Vietnam Cold Chain Market, 2016-2021
- Vietnam Cold Chain Market Segmentation (by Cold Storage and Cold Transport, by Ownership and by End Users)
- Vietnam Cold Storage Market, 2016-2021
- Vietnam Cold Storage Market Segmentation (by Automation, Temperature Range, by End Users and by region)
- Vietnam Cold Transport Market Overview, 2016-2021
- Vietnam Cold Transport Market Segmentation (by Type of Reefer Truck, by Mode of Transportation, by Location & Vicinity and by end users)
- SWOT Analysis of Vietnam Cold Chain Market
- Competition Scenario of Vietnam Cold Chain Market
- Growth drivers of Vietnam Cold Chain Market
- Technological Advancements in the Vietnam Cold Chain Market
- Issues and Challenges in the Vietnam Cold Chain Market
- Recent Trends in the Vietnam Cold Chain Market
- End User Analysis of Vietnam Cold Chain Market
- Future Outlook of Vietnam Cold Chain Market, 2021-2026F
- Future Outlook of Vietnam Warehousing Market, 2021-2026F
- Future Outlook of Vietnam Cold Storage Market, 2021-2026F
- Future Outlook of Vietnam Cold Transport Market, 2021-2026F
- Market Opportunities and Analyst Recommendation
For more insights on the market intelligence, refer to the link below: –
Vietnam Cold Chain Market: Ken Research
Related Reports by Ken Research: –
South Africa Cold Chain Market
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