Image

Philippines Cold Storage Warehouse Market – Industry Trends and Forecast to 2030

Food & Beverage

Image

Philippines Cold Storage Warehouse Market – Industry Trends and Forecast to 2030

  • Food & Beverage
  • Upcoming Report
  • Jan 2024
  • Country Level
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Philippines Cold Storage Warehouse Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 840.64 USD million
Diagram Market Size (Forecast Year) USD 1,240.31 USD million
Diagram CAGR %

Major Markets Players

  • Dummy1
  • Dummy2
  • Dummy3
  • Dummy4
  • Dummy5

Philippines Cold-Storage Warehouses Market, By Warehouses Type (Private, Semi-private, Public), Construction Type (Bulk Storage, Production Sites, Port-centric, Others), Temperature Type (Chilled, Frozen), End-users (Producers, Retailers, Food Service Providers) Application (Food Products, Beverages, Dietary Supplements, Personal Care Products, Pharmaceuticals & Biological Products, Others) - Industry Trends and Forecast to 2030.

Philippines Cold Storage Warehouse Market Analysis and Size

Philippines cold-storage warehouses market is growing faster due to the rising demand for frozen and convenience food products. Growth in E-commerce and online grocery shopping are serving as a major driving force for the Philippines cold-storage warehouses market growth. Mass production of highly perishable goods and changing consumption patterns of consumers have created the demand for cold storage facilities in the industry. However, high input costs for setting up the cold storage units may hamper the market growth.

Data Bridge Market Research analyzes that the Philippines cold storage warehouse market which was valued at USD 840.64 million in 2022 is expected to reach the value of USD 1,240.31 million by 2030, at a CAGR of 9.8% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2014-2020)

Quantitative Units

Revenue in USD Million

Segments Covered

By Warehouses Type (Private, Semi-private, Public), Construction Type (Bulk Storage, Production Sites, Port-centric, Others), Temperature Type (Chilled, Frozen), End-users (Producers, Retailers, Food Service Providers) Application (Food Products, Beverages, Dietary Supplements, Personal Care Products, Pharmaceuticals & Biological Products, Others)

Market Players Covered

VVS Cold Storage (U.S.), Crystal Cold Storage (U.S.), METS Logistics Incorporated (U.S.), Royale Cold Storage, Inc. (U.S.), Benson Developments (U.S.), Glacier Megafridge, Incorporated (U.S.), Antarctica Cold Storage (U.S.), Cold Storage ROL Fabrications (U.S.), ORCA Cold Chain Solutions (U.S.)

Market Opportunities

  • Cold storage warehouse is well-known for lowering LDL cholesterol levels
  • Rapid urbanisation, population growth, the availability of a wide range of products
  • Manufacturers are currently focused on the development of cold storage warehouse varieties to meet the demands of health-conscious consumers

Market Definition

A cold storage warehouse is a location or structure that is restricted to specific environmental conditions in order to keep products safe. From the outside, these warehouses resemble any other, but they differ in their internal environment. Some cold storage Warehouses have such harsh conditions that standing inside requires special equipment. Cold storage warehouses, such as any other, come in various forms depending on the need.

Cold Storage Warehouse Market Dynamics

Drivers

  • Rising demand for frozen and convenience food products

Rising millennial consumption of frozen foods such as patties, fries and nuggets has been a key growth driver for the industry. The working population across the globe is switching to the frozen foods and snacks. The busy lifestyle of consumers are enabling them to look for the substitutes which are easily available and convenient to eat anytime. People are eating frozen and convenience foods more than ever which is creating a demand for the storage structures for such products to maintain their quality and shelf life. Moreover, the rising demands of such products in the industry will increase the demand for the cold-storage warehouses in the market.

  • Increasing demand for cold storage facilities to store highly-perishable goods

To meet food safety standards and customer demands, handling perishable goods necessitates temperature-controlled environments and continuous handling of all processes. With increasing production and imports of perishable goods, it becomes necessary to store them at desired temperature in order to maintain their shelf life and volume. With this increased production, the capacity regarding to the storage of goods is also increasing. In order to supply these products to end user, companies are manufacturing cold storage warehouses to provide sufficient space for the goods.

Hence, in order to store different perishable products, the cold storage warehouses are required and with increase in demand for such products, the demand for cold storage warehouses is also increasing. This increasing demand is expected to grow the Philippines cold-storage warehouse market.

Opportunity

  • Diverse cheese varieties

The increased snack consumption presents a substantial opportunity for the global Cold storage warehouse market, driven by a growing customer base seeking convenient, nutritious, and diverse snacking options. Rice cakes, known for their portability and health-conscious appeal, align with the convenience and health trends in snacking. As consumers prioritize taste and nutrition, manufacturers can seize the opportunity by offering a variety of flavors and premium options, potentially expanding into new global markets and leveraging online sales channels to reach a wider audience. This shift in consumer behavior opens doors for the cold storage warehouse market to thrive in a changing snack landscape

Restraints/Challenges

  • High initial set-up cost

The cold-storage warehouses needs a variety of investments related to the refrigeration systems, racking systems, security systems, pelleting capacity, refrigerated trucks etc. for establishing a fully working cold-storage warehouse unit. Due to these many requirements the initial investment becomes very high. Even after having good returns in the future, manufacturers think before investing in this business. This high initial set-cost may result in the hampering in market.

This cold-storage warehouses market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cold storage warehouse market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In June 2021, Royale Cold Storage Inc. expanded its site network and adopted AEB's WMS, a cloud software specialist in global trade, logistics, IT, to provide the warehouse management system, to boost their operation, as it ramps up digitalization of its operation. AEB’s WMS can help the company in systematically streamline scheduled pick-ups and deliveries of goods. This adoption of AEB's WMS helped the company to boost their operations

Philippines Cold Storage Warehouse Market Scope

Philippines cold-storage warehouses market is segmented into five segments based on warehouses type, construction type, temperature type, end-users and application.

The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.

Warehouses Type

  • Private
  • Semi-Private
  • Public

Construction Type

  • Bulk Storage
  • Production Sites
  • Port-Centric
  • Others

Temperature Type

  • Chilled
  • Frozen

Application

  • Food Products
  • Beverages
  • Dietary Supplements
  • Personal Care Products
  • Pharmaceuticals & Biological Products
  • Others

Competitive Landscape and Philippines Cold Storage Warehouse Market Share Analysis

Philippines cold-storage warehouses market competitive landscape provides details the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth and application dominance. The above data points only relate to the companies' focus on the Philippines cold-storage warehouses market.

Some of the major players operating in the Philippines cold-storage warehouses market:

  • VVS Cold Storage (U.S.)
  • Crystal Cold Storage (U.S.)
  • METS Logistics Incorporated  (U.S.)
  • Royale Cold Storage, Inc. (U.S.)
  • Benson Developments (U.S.)
  • Glacier Megafridge, Incorporated (U.S.)
  • Antarctica Cold Storage (U.S.)
  • Cold Storage ROL Fabrications (U.S.)
  • ORCA Cold Chain Solutions (U.S.)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo

FREQUENTLY ASK QUESTIONS

The Philippines Cold Storage Warehouse Market size will be worth USD 1,240.31 million by 2030.
The Philippines Cold Storage Warehouse Market growth rate is 9.8% during the forecast period.
Increasing demand for cold storage facilities to store highly perishable goods and Rising demand for frozen are the growth drivers of the Philippines Cold Storage Warehouse Market.
The warehouses type, construction type, temperature type, end-users, and application are the factors on which the Philippines Cold Storage Warehouse Market research is based.
Major companies in the Philippines Cold Storage Warehouse Market are VVS Cold Storage (U.S.), Crystal Cold Storage (U.S.), METS Logistics Incorporated (U.S.), Royale Cold Storage, Inc. (U.S.), Benson Developments (U.S.), Glacier Megafridge, Incorporated (U.S.), Antarctica Cold Storage. (U.S.), Cold Storage ROL Fabrications (U.S.), ORCA Cold Chain Solutions (U.S.)
Free Sample Report

CHOOSE LICENCE TYPE

  • 4200.00
  • 3500.00
  • 2000.00
  • 5500.00
  • 7500.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials