UAE Cold Chain Market is expected to generate over USD 1 Billion by 2025: Ken Research

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The cold transport market expected to grow faster than cold warehousing in the future reversing the cold chain market trend thus far.

Substantial increase in consumer spending on retail goods, already a USD 90 Billion market, is expected due to population growth, increase in disposable income levels and high demand for temperature sensitive and perishable goods food and pharmaceuticals.

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UAE is determined to reduce economic dependence on oil to and is a crucial logistics hub owing to its strategic advantage basis its geographical location in the GCC region and increasing government investment in infrastructure development.

Government Initiatives: UAE transport infrastructure investments has crossed AED 100 Billion between 2006-2018, focused on development of rail network, expansion of airports and sea ports, technologically advancement and many more. UAE government intends to promote trade and economic diversification through EXPO 2020, free trade agreements, change in foreign ownership rule for some sectors and development of free zones near airports and seaports to allure foreign investors to set up manufacturing industries in UAE.

Initiatives to Reduce High Dependence on Imports: UAE is largely dependent on food and pharmaceutical imports that require abundant cold chain transportation and storage facilities in the country. However, the government is creating national food and pharma reserves to reduce impact of possible import fluctuations, further increasing the demand for cold warehouses in the UAE.

Technological Improvement and Automation: Cold chain operators in the country are expected to implement modern technologies such as radio frequency identification, electronic data exchange and others to improve their operational efficiency. There is also scope for adopting automation in the facilities using automated storage and retrieval systems, cloud computing, drones and others in the industry in the years to come.

Analysts at Ken Research in their latest publication UAE Cold Chain Market Outlook to 2025 – By Cold Storage (Ambient, Chilled and Frozen Warehousing) and Cold Transport (Land, Sea and Air), By End User (Dairy Products, Meat and Seafood, Pharmaceuticals, Fruits and Vegetables and Others) and By Ownership (Integrated and Contract Logistics)“ believe that the Cold Chain market in UAE is expected to grow due to growth in the demand for food items, increase in manufacturing activity in the pharmaceutical industry and government initiatives to improve the logistics infrastructure in the country. The market is expected to register a positive CAGR of 6.1 % in terms of revenue during the forecasted period 2019P-2025F.

Key Segments Covered

By Type of Market

Cold Storage

By Temperature

Frozen

Chilled

Ambient

By Major Areas

DAFZA

JAFZA

DIP

DIC

Others Includes KIZAD and other Free-Zones and distribution markets

By Ownership

Integrated

Contract

By End-User Application

Dairy Products

Meat and Seafood

Pharmaceuticals

Fruits and Vegetables

Others includes flowers and ornamental plant, confectionary products

Cold Transport

By Mode of Transport

Land

Sea

Air

By Type of Transport

Domestic

International

By Ownership

Integrated

Contract

By End-User Application

Dairy Products

Meat and Seafood

Pharmaceuticals

Fruits and Vegetables

Others includes flowers and ornamental plant, confectionary products

Key Target Audience

Cold Chain Companies

Logistics Companies

Government Associations

Express Logistics Companies

Industry Associations

Warehousing Companies

E-Commerce Operations

Investors and Private Equity Companies

Logistics Companies

Dairy Companies

Meat and Seafood Companies

Fruits and Vegetables Companies

Pharmaceutical Companies

Time Period Captured in the Report

Historical Period: 2014-2019P

Forecast Period: 2019P-2025F

Companies Covered

Gulf Agency  Company

Al-Futtaim Logistics

Hellman Worldwide Logistics

Global Shipping Logistics (GSL)

RHS Logistics

CEVA Logistics

Mohebi Logistics

Agility

Panalpina-DSV

Kuehne- Nagel

RSA Cold Chain

DB Schenker

MHK

Port Khalid Cold Stores

Verks Logistics

Triburg

Sharjah Cold Stores

Key Topics Covered in the Report

UAE Cold Chain Market Overview

Infrastructure Analysis

Existing and Emerging Technologies

UAE Cold Chain Market Value Chain

UAE Cold Chain Market Size by Revenue, 2014-2019

UAE Cold Chain Market Segmentation and segment future, 2019-2025E

End user industry analysis and future growth potential

UAE Cold Chain Market Competitive Landscape

UAE Cold Chain Market Company Profiles of Major Players

Regulatory Environment

Industry Trends and Developments

Industry Issues and Challenges

Analyst Recommendation

UAE Cold Chain Market Future Outlook and Projections, 2019-2025E

UAE Cold Chain Market Analyst Recommendations

For More Information, refer to below links:

UAE Cold Chain Market

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