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Follow on Google News | Indonesia's Cold Chain Logistics Market: Poised for Major Growth with Rising Pharma & Food DemandIndonesia's Cold Chain Logistics Market is on track for significant growth, driven by surging demand in the pharmaceutical and food sectors.
By: Makreo Research and Consulting Growth in Indonesia's Pharmaceutical Cold Storage Solutions In the pharmaceutical sector, Indonesia's exports reached USD 643.57 million in 2022, with major destinations including the Philippines, India, and Singapore. The aging population, projected to be 12.5% of the total by 2025, further drives the need for cold storage expansion. Robust Growth in Indonesia's Food Cold Storage Market The food cold storage market saw double-digit growth in 2023, fueled by increased consumption of perishable goods and supported by urbanization and a growing middle class. The need for efficient cold storage infrastructure in this sector is critical for maintaining product safety and freshness. Addressing Key Challenges in Indonesia's Cold Chain Infrastructure Indonesia's cold chain logistics sector faces significant challenges, including logistical hurdles due to the country's fragmented geography and underdeveloped infrastructure outside of Java. The current cold chain capacity, covering only 3.22% of total fish production, highlights a substantial gap and growth opportunity for service providers. The Rise of Specialized Warehousing in Indonesia The warehousing sector is evolving, with specialized facilities for agriculture and chemicals now comprising 6% of the market, catering to the unique needs of these industries. Indonesia's Cold Chain Market Models and Key Industry Participants Key industry players include PT Kiat Ananda Group, PT Mulia Bosco Logistik (MGM Bosco), PT Dua Putera Perkasa, and PT Sukanda Djaya - Diamond Cold Storage, each contributing to the market's expansion. As Indonesia's cold chain logistics market continues to grow, understanding the dynamics and navigating regulatory challenges is essential. To know more: Indonesia Food Cold Storage Market Competition and Future Outlook (2019-2028) (https://www.makreo.com/ Indonesia Pharmaceutical Cold Storage Market Size and Forecast (2019-2028) (https://www.makreo.com/ End
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