Cold Chain Logistics Market in India 2015-2019
About Cold Chain Logistics
The term cold chain logistics refers to the process of transporting and storing products and commodities under temperature-controlled conditions. It involves the usage of temperature-controlled warehouses for storage and refrigerated transport vehicles for distribution of products. It is widely used to store and transport fruits, vegetables, drugs, and medicines. Cold storage increases the shelf life and maintains the quality of products.
TechNavio's analysts forecast Cold Chain Logistics market in India to grow at a CAGR of 27 percent over the period 2014-2019.
Covered in this Report
On the basis of type, the Cold Chain Logistics market in India can be classified in the following segments: Temperature-controlled Warehouses and Temperature-controlled Vehicles. The Cold Chain Logistics market in India can be segmented by region into the Northern region, Southern region, Western region, Eastern region, and Central region.
TechNavio's report, Cold Chain Logistics market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape of the Cold Chain Logistics market in India and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Cold Chain Logistics Market in India 2015-2019
TechNavio recognizes the following companies as the key players in the Cold Chain Logistics Market in India: Brahmanand Himghar Ltd., Dev Bhumi Cold Chain Ltd., Fresh and Healthy Enterprises Ltd., Gati Ltd. and Snowman Logistics Ltd.
Other Prominent Vendors in the market are: Amar Cold Storage, ColdEx, Coldstar Logistics, Future Supply Chain Solutions, Gubba Cold Storage, M.J. Logistic Services, OOCL Logistics, Radhakrishna Foodland Private and XPS Cold Chain
Commenting on the report, an analyst from TechNavio’s team said: “PE Investment in Cold Chain Market is one of the key trends emerging in the market. Private equity firms are actively investing in the development of cold chain facilities. In the last three years, PE firms have invested more than US$150 million in Indian cold chain logistics companies.”
According to the report, despite the lack of cold storage facilities in India; however, the demand for these facilities has been increasing with macro developments in the region, such as an increase in population and food wastage. Existing and new vendors may enter the untapped market as this demand is expected to increase in the future.
Further, the report states that there are high operational costs in maintaining cold chain facilities as the power tariffs are high in some regions. Lack of development of transport infrastructure connotes that the vendors have to bear a high transportation cost in terms of time and fuel.
Brahmanand Himghar, Dev Bhumi Cold Chain, Fresh and Healthy Enterprises, Gati, Snowman Logistics, Amar Cold Storage, ColdEx, Coldstar Logistics, Future Supply ChainSolutions, Gubba Cold Storage, MJ Logistic Services, OOCL Logistics, Radhakrishna Foodland Private, XPS Cold Chain
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