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Malaysia Cold Chain Market Future Outlook, Revenue, Growth: Ken Research

Malaysiau2019s Increasing Investments in the Countryu2019s Logistics and Trade Facilitation Masterplan and Transport Policy along with the Growth of the Halal Industry Promoting the Cold Chain Industry Growth. Analysts at Ken Research in their latest publication, Malaysia Cold Chain Market is expected to register a positive CAGR of 7.6% in terms of revenue during the forecasted period 2021P - 2026F.

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Malaysia Cold Chain Market Future Outlook, Revenue, Growth: Ken Research

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  1. Malaysia’s Increasing Investments in the Country’s Logistics and Trade Facilitation Masterplan and Transport Policy along with the Growth of the Halal Industry Promoting the Cold Chain Industry Growth: Ken Research Malaysia’s Logistics and Trade Facilitation Masterplan: Economic Planning Unit (EPU) developed the Logistics and Trade Facilitation Masterplan to provide the strategic direction for the development of the logistics industry to further improve its productivity and competitiveness. The Logistics and Trade Facilitation Masterplan (2015-2020) is overseen by the National Logistics Taskforce and sets out five key strategies and 21 action items, with the vision for Malaysia to become the preferred logistics gateway to Asia. This will positively contribute to the cold chain sector’s growth in the future and draw more investments into Malaysia’s logistics industry. Malaysia Transport Policy: The government wants to enhance the integration, connectivity & accessibility for seamless journey by 2030. Also, the aim is to expand global footprint by promoting internationalization of transport services. The Transport Policy mentions Malaysia’s commitment towards an efficient connectivity for first and last mile services. Malaysia’s transport sector represents a critical enabler for its logistics sector development. The efficiency of Malaysia’s transportation system directly correlates to trade and economic growth. Technological Advancement and Automation: Malaysia is behind in technology adoption. Although, technologies like RFID, Wireless Sensor Network, WMS are available in the market, most cold chain operators still control their operation with manual methods. This poses a threat for Malaysian cold chain industry as it can prove to be less competitive in comparison to other countries like Singapore in the region. Major cold chain operators are using technology as a means to differentiate themselves from the competitors in the country.

  2. Halal Hub: Malaysia is the leading global halal hub. The country plays host to the Malaysia International Halal Showcase (MIHAS) and the World Halal Forum (WHF). Malaysia, being the forefront of International Halal Food Hub has designated Halal Industrial Park which caters to halal food among other services offered and allows businesses to share common facilities such as storage, cold chain warehousing and support services. The growing demand and supply for Halal food in the country are contributing to the expansion of cold chain in Malaysia. Analysts at Ken Research in their latest publication “Malaysia Cold Chain Market Outlook To 2026 - Driven by Increase in Demand for Perishable Food Items and its Establishment as the Halal Industry Hub, Malaysia Cold Chain Market Experiencing Growth“ believe that the Cold Chain market in Malaysia is expected to experience positive growth owing to the increase in e- commerce and government’s initiatives to improve the logistics infrastructure in the country as part of Malaysia’s ‘National Transport Policy’. The market is expected to register a positive CAGR of 7.6% in terms of revenue during the forecasted period 2021P - 2026F. Key Segments Covered By Type of Market •Overall Cold Chain Market ➢By End-User Application ✓Meat/seafood ✓Dairy products ✓Pharmaceuticals ✓Vegetables/fruits ✓Others •Cold Storage ➢By Temperature ✓Ambient ✓Chilled ✓Frozen ➢By Ownership ✓Integrated ✓Contract •Cold Transport ➢By Mode of Freight ✓Land ✓Sea

  3. ✓Air ➢By Type of Freight ✓Domestic ✓International ➢By Type of Air Freight ✓Domestic ✓International ➢By Type of Land Freight ✓Domestic ✓International ➢By Type of Sea Freight ✓Domestic ✓International 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 Request for Sample Report @ https://kenresearch.com/sample-report.php?Frmdetails=NTQ4ODA5 Time Period Captured in the Report •Historical Period: 2016-2021P •Forecast Period: 2021P-2026F Companies Covered

  4. •Tiong Nam Logistics •IGLO •SK Cold Chain •NL Cold Chain •TASCO Cold Chain •Frio Logistics •Integrated Cold Chain Logistics Key Topics Covered in the Report •Malaysia Cold Chain Market Overview •Infrastructure Analysis •Existing and Emerging Technologies •Malaysia Cold Chain Market Value Chain •Malaysia Cold Chain Market Size by Revenue, 2016-2021P •Malaysia Cold Chain Market Segmentation and Segment Future, 2021P-2026F •End User Industry Analysis And Future Growth Potential •Malaysia Cold Chain Market Competitive Landscape •Malaysia Cold Chain Market Company Profiles of Major Players •Regulatory Environment •Industry Trends and Developments •Industry Issues and Challenges •Analyst Recommendation •Malaysia Cold Chain Market Future Outlook and Projections, 2021P-2026F •Malaysia Cold Chain Market Analyst Recommendations For More Information, refer to below links: Malaysia Cold Chain Market Future Outlook Related Reports Competition Benchmarking of Top Logistics Players in UAE in Transportation, Warehousing, 3PL, International Express, Domestic Express, Automotive, Pharma, Oil and Gas and Retail Logistics UAE Cold Chain Market Outlook to 2025 – The Cold Chain Market in UAE is Thriving with the Advent of Government’s Economic Diversification Plans Coupled with UAE’s Increasing Adoption of Technology and Automation Qatar Cold Chain Market Outlook To 2026 - Driven By FIFA World Cup 2022’s Logistics Demand And Infrastructural Growth Along With A Tailwind Of Technological Development, Qatar Cold Chain Market Experiencing Growth

  5. Follow Us– LinkedIn | Instagram | Facebook | Twitter | YouTube Contact Us: - Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249

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