According to a recent report published by Allied Market Research, titled, “Cold Chain Logistics Market by Business Type, End-Use Industry, Product, and Technology: Indonesia Opportunity Analysis and Industry Forecast, 2022-2031,” The Indonesia cold chain logistics market was valued at $4.97 billion in 2021, and is projected to reach $12.59 billion in 2031, registering a CAGR of 10.2%.
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Indonesia Cold Chain Logistics Market by Business Type (Cold Storage and Cold Chain Transport), End-Use Industry (Fruits & Vegetables, Bakery & Confectionary, Dairy & Frozen Desserts, Meat, Fish, & Seafood, Drugs & Pharmaceuticals and Others), Product (Refrigerators and Air Conditioning) and Technology (air blown and EUTECTIC): Indonesia Opportunity Analysis and Industry Forecast, 2021-2031.
By business type, the Indonesia cold chain logistics market has been categorized into cold storage and cold chain transport. The cold storage segment accounted for the highest revenue in 2021, owing to high demand for cold storage services for cold chain logistics.
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COVID-19 Impact Analysis
The COVID-19 impact on the Indonesia cold chain logistics market is unpredictable, and is expected to remain in force for a few years.
The COVID-19 outbreak forced government In Indonesia to implement stringent lockdown and ban import-export of products and items for most of 2020 & few months in 2021. This led to sudden fall in the demand for frozen products.
Moreover, nationwide lockdown forced cold chain logistics facilities to partially or completely shut their operations.
Adverse impacts of the COVID-19 pandemic resulted in delays in activities and initiatives regarding development of Cold Chain Logistics systems in Indonesia.
The key players profiled in this Indonesia cold chain logistics market report include Dua Putera Perkasa Pratama, GAC, Kiat Ananda Group, Kuenhe + Nagel, Maersk, OOCL Logistics Limited, PT. MEGA INTERNATIONAL SEJAHTERA, SF Express, United Parcel Service (UPS), and Wahana Coldstorage Indonesia.
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