Business Potential for Cold Storage Facility in JNPT Outlook to FY25

JNPT Cold Storage Market Segmentation:

By Temperature Range: Temperature Controlled warehouses (Chilled and Frozen) are the largest contributor to the revenue of the cold storage market in JNPT with a largest share during FY20. Frozen cold storages or freezers primarily cater to products such as meat and related products, fish and other seafood, poultry, ice-creams, frozen ready-to-eat meals and frozen fruits & vegetables.

By End-Users: Majority of the cold storages in JNPT store agricultural products such as pulses, spices and imported fruits and vegetables occupying highest share to the overall space as on 31st October 2020 followed by pharmaceuticals. More than 70% of the total cold storage capacity is single commodity, dedicated for storing agri-products, pharma or meat and seafood.

Competitive Landscape of Major Players Operating in the JNPT Cold Storage Market

Cold Storage Market: Competition within the market was observed to be bifurcated into fragmented smaller players and about 10-15 larger companies acquiring majority of market share. Many players operate in the market on both 2PL and 3PL basis. Major companies providing cold storage services include Savla Cold Storage, Snowman , JWL Cold Store, Rishi Ice and Cold Storage, Western Super fresh, Kool Solutions India, Primanand Cold Storage, Mehta Cold Storage and others

JNPT Cold Storage Market Future Outlook & Projections

The cold storage market in JNPT is expected to experience medium level of growth owing to improving infrastructure, increasing industrial output, significant consolidation of the market, and increasing import export volumes from the port.  The industry is expected to witness entry of new players and new mergers and acquisition between the players. Reduction in Dwell times in JNPT from 82 hours in 2016-17 to 59 hours in 2018-19 are expected to reduce further. Moreover, Automatic route FDI (~100%) and External Commercial Borrowing (ECB) allowed in developing in cold chain infrastructure along with government subsidies, tax benefits and grants are further going to drive the market demand in the coming years.

Key Topics Covered in the Report

• JNPT Cold Storage Market Introduction
• JNPT Infrastructure
• Pros a Entry Barriers and Pre-requisites for Cold Storage Facility in JNPT, Mumbai
• Pros and Cons for Setting up Cold Storage Facility in JNPT, Mumbai
• Reasons for End User Companies to Shift down to JNPT, Mumbai
• Number of Cold Storages in JNPT Area, 2020
• Cold chain warehousing potential for multiple commodities (F&V Market, Meat and Seafood, Ex-Im Temperature Controlled Consignments, Confectionary, Ice Cream, Frozen Food, Dairy, Pharmaceutical, RTE/ RTC etc.)
• Competition Assessment in JNPT Area separately for Cold Storage Assessment on the Basis of Nature of Competition, Competitive Factors and Major Companies
• Number of Cold Storage in JNPT, Mumbai segregated by Organized and Unorganized Sector Including parameters such as Price Per Pallet, Type of Facilities, Size, Major Clients, End User Catered, Revenues*, Employees, Vintage and others.
• Preferred Location Assessment in JNPT Area
• Financial Model to Setup Cold Chain Facility in JNPT Area
• Future Potential for the Demand of Cold Storage Space in JNPT, Mumbai