Thawing the Cold Chain Conundrum: Can New Technologies Unlock a Promising Future for the Philippines Market? The cold chain market in the Philippines is witnessing a remarkable growth trajectory, propelled by the increasing domestic consumption of meat, the burgeoning demand for Quick Service Restaurants (QSRs), and the expansion of cold storage infrastructure. Nevertheless, this industry is not immune to the significant changes occurring in the market, including shifts in demand, supply,… Read More »
The Philippines Logistics Market is expected to grow at a CAGR of 8.2%, 2022P- 2027F owing to the Rapid Improvement in the Logistics Infrastructure by the government: Ken Research Philippines Logistics Market Ecosystem The Philippines Logistics Market is in the growing stage, being driven by increasing demand for food, beverages, and manufacturing products. There are several players in the Philippines Logistics market some of which are Royal Cargo, W Express (DHL), 2Go Logistics, Yusen Logistics, and AAI Logistics. Chinese, Dutch, Japanese and Taiwanese investors… Read More »
Philippines logistics Market is forecasted to grow to PHP ~1160 Bn market by 2027F 1. Philippine Logistics Industry grew in 2022P owing to the surge in demand from e-commerce and increased investment in infrastructure by the government. The logistics sector in the Philippines is expanding rapidly (CAGR – 6.3%), owing primarily to the growth of the e-commerce sector and the increased use of cutting-edge technology such as supply chain… Read More »
Strong government initiatives as well as high consumer demand are some of the key factors in the Philippines’ logistics sector The growth of e-commerce in the country along with infrastructural improvements in the logistics sector are some of the major factors contributing to the development of the logistics market in the Philippines. Expansion of logistics in the country: The Philippines’ logistics industry is expanding and it contributes 4-6% to the country’s overall GDP. Food and… Read More »
Philippines Cold Chain Market Growth 2022, Industry Share-Size, Demand, Emerging Trends, Opportunities, Key Players Strategies and Forecast Analysis 2022-2026: Ken Research Philippines Cold Chain Logistics Market Overview: The Philippines Cold Chain Market has seen a comprehensive and a significant growth over the last few years owing to rising domestic consumption of meat and seafood, expansion of existing warehousing by companies and increasing government initiatives and investments. This results in high demand for low temperature control services… Read More »
Rising Philippines’s Government Initiatives Are Revamping the Demand for The Cold Chain Market During the Forecast Period Of 2025: Ken Research The Philippines Cold Chain Market was estimated to develop at a CAGR of XX% between 2020 and 2025 as a result of the 2004 launch of the ‘Philippines National Cold Chain Program,’ which aided in the establishment of cold chain facilities in main areas of North, Central, and South Philippines. The cold storage over transit… Read More »
The Philippines Cold Chain Market is expected to contribute PHP 22.3 Bn in the near future owing to rising domestic consumption of meat and seafood along with increasing government initiatives and investments in the sector: Ken Research Philippines News Government is planning to increase infrastructure expenditure reaching approximately 7% of GDP by 2022. This is projected to positively impact road network for cold transport services. Most cold storages in Philippines are NMIS accredited. However, an uptake in the ISO and LEED certifications for cold storages is projected during the period 2021 to… Read More »
The Philippines Cold Chain Industry is driven by Large Scale 3PL Companies, for both storage and transportation with cold storage dominating the industry revenue throughout the years: Ken Research Philippines Temperature Controlled Logistics Market Overview Government Initiatives revamping the demand: Since 2017, government initiatives have boosted the cold chain market in Philippines through formation of CCAP, infrastructural developments, increase in end user demand and entry of players or expansion of existing players. Additionally, increase in the share of cold storage market has been perceived… Read More »
Future of Philippines Frozen Storage Market Outlook: Ken Research Buy Now What Is the Scenario of Food Wastage in Southeast Asian Nations? As per Ken Research Analysis, The Philippines has the highest food wastage in Southeast Asia. The increasing population in the region, especially the Philippines is anticipated to augment the demand for food and beverages requiring cold storage. Cold chain sector is projected… Read More »
Philippines Cold Chain Market is Expected to Reach PHP 20.0 Billion in Terms of Revenue for the Financial Year Ending 2023: Ken Research Old and dilapidated trucks and buses will be the next to be banned from roads as part of the public utility vehicle modernization program, which kicked off at the start of the year with the gradual phase-out of old vehicles. The ban of trucks is expected to deeply impact the cold storage business in the… Read More »
