Singapore Cold Chain Market Outlook to 2026F
Driven By Rising Meat and Seafood Consumption Coupled With Demand for Temperature Sensitive Health Care Products
Region:Asia
Author(s):Kirti Saraswat, Roshitha Sunil
Product Code:KR1267
November 2022
89
About the Report
Market Overview:
- Singapore’s Cold Chain Market has grown at a CAGR of 6.2% from 2016-2021 driven primarily by demands from the advanced and significant food service and healthcare industry.
- Singapore Cold Storage Market has grown at a CAGR of 7.5% from 2016-2021 driven primarily by the high investment made in the form of new infrastructure, and increasing pallet capacities.
- Singapore’s Cold Transport Market has grown at a CAGR of 3.6% from 2016-2021 driven by the increasing requirement for vaccine transportation and rising demand for processed foods in Singapore.
Scope of the Report
Cold Chain Market:
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By Type |
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By End User |
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By Ownership |
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Cold Storage Market:
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By Temperature Range |
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By Automation |
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By End User |
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By Major Cities |
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Cold Transport Market:
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By Truck Type |
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By Mode of Transportation |
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By Location |
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By Vicinity |
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By End User |
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Products
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Cold Storage Companies
- Cold Chain Companies
- Cold Transport Companies
- Captive Cold Storage Companies
- Captive Cold Chain Companies
- Logistics Companies
- Non-captive Companies
- Cold Chain Associations
- Logistics Associations
- Private Equity Firms
- Venture Capitalists
Time Period Captured in the Report
- Historical Period: 2016-2021
- Base Period: 2021
- Forecast Period: 2022F-2026F
Companies
Major Players Mentioned in the Report
Cold Storage Companies
- CWT Logistics
- Mandai / Lineage Link
- Seo Eng Joo
- WLNA
- StorBest
- Agility
- Jurong Cold Store
- NCS Cold Store
- Sharikat Logistics Pte Ltd.
- Atlas Ice Ptd Ltd
- QAF Fruits Cold Store
- Commonwealth Kokubu Logistics Pte Ltd
- Keppel Logistics
- ITC Cold Chain Logistics
- Alliance Cold Store
- Logistics Solution Hub
- Others
Cold Transport companies
- DB Schenker Logistics Company
- DHL Logistics
- DTDC ECommerce
- Yusen Logistics Service
- MNX Global Logistics
- Volvo Group
- Pan Ocean
Table of Contents
1. Executive Summary of Singapore Cold Chain Market
1.1 Executive Summary (Market Overview, Market Size, Growth Drivers and Restraints, Competition Scenario and Way Forward)
2. Country Overview
2.1 Singapore Country Profile (Overview, Major Cities, GDP and Inflation Rate, Percentage of GDP Composition by Sector, Trade Scenario)
2.2 Singapore Population Analysis (Population by Gender, by Age Group, by Religion, Demographics of Singapore)
3. Overview of Singapore Cold Chain Market
3.1 Overview and Genesis of Singapore Cold Chain Market
3.2 Inter-city Value Chain of Singapore Cold Chain Market
3.3 Major Challenges in the Singapore Cold Chain Market Value Chain
3.4 Value Chain of Cold Chain at Port of Singapore Authority
3.5 Singapore Cold Chain Industry Ecosystem
3.6 Existing Technologies in Singapore Cold Chain Market
4. Market Size and Segmentation of Singapore Cold Chain Market, 2016 to 2021
4.1 Market Size of Singapore Cold Chain Market By Revenue, 2016 to 2021
4.2 Singapore Cold Chain Market Segmentation by Type, 2016- 2021
4.3 Singapore Cold Chain Market Segmentation by End User, 2021
4.4 Singapore Cold Chain Market Segmentation by Ownership, 2021
5. Market Size and Segmentation of Singapore Cold Storage Market, 2016 to 2021
5.1 Market Size of Singapore Cold Storage Market By Revenue, 2016 to 2021
5.2 Singapore Cold Storage Market Size by Total Number and Average Price of Pallets and Occupancy Rate (in %), 2016-2021
5.3 Singapore Cold Storage Market Segmentation by Temperature Range, 2021
5.4 Singapore Cold Storage Market Segmentation by Automation, 2021
5.5 Singapore Cold Storage Market Segmentation by End User, 2021
5.6 Singapore Cold Storage Market Segmentation by Major Cities, 2021
6. Market Size and Segmentation of Singapore Cold Transportation Market, 2016 to 2021
6.1 Market Size of Singapore Cold Transport Market By Revenue, 2016 to 2021
6.2 Singapore Cold Transport Market Segmentation by Truck Type, 2021
6.3 Singapore Cold Transport Market Segmentation by Mode of Transportation, 2021
6.4 Singapore Cold Transport Market Segmentation by Location and Vicinity, 2021
6.5 Singapore Cold Transportation Market Segmentation by End User, 2021
7. Industry Analysis of Singapore Cold Chain Market
7.1 Trends and Developments in Singapore Cold Chain Market
7.2 Technological Integration in Singapore Cold Chain Market
7.3 Issues and Challenges in Singapore Cold chain Market
7.4 Regulatory Landscape of Singapore Cold Chain Market
7.5 Regulation of Singapore Cold Chain through SS 668
8. Consumer and End User Analysis of Singapore Cold Chain Market
8.1 Pain Points and Preferences for Customers from Singapore Cold Chain Market
8.2 Singapore Meat and Seafood Market, 2016- 2026F
8.3 Singapore Ready to Eat Meals Market, 2016-2026F
8.4 Singapore Dairy Products Market, 2016-2026F
8.5 Singapore Pharma Market, 2016- 2021
9. Competitive Analysis of Singapore Cold Chain Market
9.1 Competitive Landscape of Singapore Cold Chain Market in 2021
9.2 Cross Comparison of Singapore Cold Chain Market on the Basis of Fundamental Parameters
9.3 Cross Comparison of Singapore Cold Chain Market on the Basis of Operational Parameters
9.4 Cross Comparison of Singapore Cold Chain Market on the Basis of Financial and Qualitative Parameters
10. Future Outlook of Singapore Cold Chain Market, 2022P- 2026F
10.1 Future Market Size of Singapore Cold Chain Market By Revenue, 2022P to 2026F
10.2 Singapore Cold Chain Market Segmentation by Type, 2022P-2026F
10.3 Singapore Cold Chain Market Segmentation by End User and Ownership, 2026F
10.4 Future Market Size of Singapore Cold Storage Market By Revenue, 2022P to 2026F
01.5 Singapore Cold Storage Market Segmentation by Temperature Range and Automation, 2026F
10.6 Singapore Cold Storage Market Segmentation by End User and Major Cities, 2026F
10.7 Future Market Size of Singapore Cold Transport Market By Revenue, 2022F to 2026F
10.8 Singapore Cold Transport Market Segmentation by Truck Type and End User, 2026F
10.9 Singapore Cold Transport Market Segmentation By Mode of Transportation, Location and Vicinity, 2026F
11. Covid Analysis of Singapore Cold Chain Market
11.1 Impact of Covid on Singapore Cold Chain Market
11.2 Value Chain of Vaccination in Singapore Cold Chain Market During the Pandemic
12. Analyst Recommendations
12.1 Recommendation on Geographical Preferences for New Cold Storages
12.2 Recommendations for handling of Temperature sensitive products
12.3 Recommendations on Technological Advancements to be adopted in the sector
13. Research Methodology
13.1 Market Definitions and Assumptions
13.2 Abbreviations
13.3 Market Sizing Approach
13.4 Consolidated Research Approach
13.5 Sample Size Inclusion
13.6 Limitation and Future Conclusion
Disclaimer
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Research Methodology
Identifying Key Variables: The research team framed a hypothesis about the market through an analysis of existing industry factors obtained from company reports, magazines, journals, online articles, ministries, government associations, and data from the IMF and World Bank, among others.
Market Building: The market size was estimated based on the industry-wide number of cold storage pallet positions, average price per pallet per day, and annual average occupancy rate to estimate the annual revenue earned by cold storage businesses across the country. The cold storage market was then taken as a part of the overall cold chain business and the overall size of the market was evaluated. Both public and proprietary databases were referred to define each market and collect data points about the same.
Validating and Finalizing: The research team then conducted CATIs with several industry veterans including decision makers from various cold chain companies to get their insights on market and justify the hypothesis framed by the team.
Research output: Multi-Factor regression and scenario analysis was conducted on the lag variables i.e. on the historical market size of the industry by identifying the independent and quantifiable variables directly impacting the market. The forecasting was done by using SPSS statistical tools. The variables were checked for multi-co linearity and other bias that could be there in the model. The conclusion from the regression was then double checked by conducting poll opinions.
Frequently Asked Questions
What is the Study Period of this Market Report?
The Singapore Cold Chain Market is covered from 2016–2026 in this report, including a forecast for 2022-2026.
What is the Future Growth Rate of the Singapore Cold Chain Market?
The Singapore Cold Chain Market is expected to witness a CAGR of ~6.6% over the next four years.
What are the Key Factors Driving the Singapore Cold Chain Market?
Change in Lifestyle, Rising Meat And Seafood Consumption and Demand For Temperature Sensitive Health Care Products.
Which is the Largest End User of the Singapore Cold Chain Market?
Meat and Seafood held the largest share among all the other end user of the Singapore Cold Chain in 2021.
Who are the Key Players in the Singapore Cold Chain Market?
CWT, Mandal Link Logistics, WLNA, StorBest, Agility, Jurong Cold Store, etc..
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