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Thailand Cold Chain Market Is Expected To Generate More Than THB 20 Bn In 2026F Due To Growing Demand For Frozen Food Products, Growth In Food Delivery Business: Ken Research

Thailand Cold Chain Market Overview

The Cold chain market is slightly consolidated with the presence of some big market leaders catering to main end users as Meat and Seafood, Fruits and Vegetables industry. The major growth supporting factors in Thailand cold chain market was the growing export of seafood, fruits and vegetables requiring cold storage and transportation facilities to remain fresh and healthy.

Thailand Blast Freezer Market

Source: Ken Research Analysis

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Key Findings:

  • Cold chain operators are catering to the energy-intensive requirements of products while minimizing the pressure on natural resources.
  • Change in Lifestyle and Urbanization led to Rising Domestic Consumption of Processed food.
  • Adoption of new and advanced technologies like WMS, Robotics, ASRS automation, Internet of Things

Growth of retail, frozen food, e-commerce Industry: Fast paced lifestyle and rise in per capita income in the Thailand has increased the demand for frozen ready-to-cook food. Thailand is the home of top e-commerce retails of Southeast Asian region like Shoppe, Lazada, JIB etc. The major retail players like Tesco Lotus, 7-Eleven, Tops Super Market, Big C have expanded their geographical presence in the country.

Shortage of cold storage Space: In the present situation, there is a shortage of cold storage space as compared to the demand, hence creating a supply gap. This creates huge expansion opportunities for companies to increase their capacity and capitalise on the unmet demand. For example: Bangkok cold storage service and k line container service will establish new warehouses in Bang na district near Bangkok

High Operational Cost Associated with Logistics: Rising cost of electricity and fuel are driving the operational cost of cold storage and transportation services, further narrowing down the margins. Currently, the cost of per Kilowatt hour (Unit of ) Electricity is 4.72 Baht aa t record high level.

Iot-Enabled Temperature Monitoring: Iot-Enabled Temperature Monitoring helps in monitoring goods round the clock, temperature logging has become way easier than manual methods, previously undertaken. This has resulted in increasing demand for data cold chain monitoring during the pandemic.

Analysts at Ken Research in their latest publication- “Thailand Cold Chain Market Outlook to 2026F – Driven by Rising Import-Export Trade Volume and Domestic Consumption of  Meat, Seafood and Popularity of Ready to Eat Frozen Processed Foodby Ken Research provides a comprehensive analysis of the potential of Cold Chain Industry in Thailand. With the rising demand for meat and other cold storage items among the population, along with Government initiatives to better roads, ports and transportation facilities, the Cold Chain market has shown significant growth during the current period.

Key Segments Covered

Thailand Cold Chain Market

  • By Revenue Split:
  • Cold Transport
  • Cold Storage
  • By End User:
  • Meat and Seafood
  • Dairy Products
  • Processed Frozen Foods
  • Vaccination and Pharmaceuticals
  • Fruits and Vegetables
  • By Ownership:
  • 3PL Cold Chain Facilities
  • Owned

Thailand Cold Transport Market

  • By Truck Type
  • Reefer Vans/Trucks (1 to 10 Tons)
  • 20 foot reefers (10 – 20 Tons)
  • 40 foot reefers and others (more than 20 tons)
  • By Mode of Transportation
  • Land
  • Sea
  • Air
  • By Location
  • Domestic
  • International

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  • By Vicinity
  • Inter-city
  • Intra-city
  • By End User
  • Meat and Seafood
  • Dairy Products
  • Vaccination and Pharmaceuticals
  • Processed Frozen Foods
  • Fruits, Vegetables and others

Thailand Cold Storage Market

  • By Temperature range (by number of pallets)
  • Frozen
  • Chillers
  • Ambient
  • By Automation (by pallets)
  • Automated Pallets
  • Non-automated Pallets
  • By End User
  • Meat and Seafood
  • Dairy Products
  • Vaccination and Pharmaceuticals
  • Processed Frozen Foods
  • Fruits, Vegetables and others
  • By Region
  • Bangkok (Including Samut Prakan and Samut Sakhon)
  • Chonburi
  • ChiangMai
  • Others

Key Target Audience

  • 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 Year: 2016-2021
  • Base Year: 2021
  • Forecast Period: 2022P– 2026F

Companies Covered:

  • JWD Infologistics
  • Thai Yokorei co Ltd
  • Sinchai Cold Storage
  • Konoike Cool Logistics (Thailand)
  • Bangkok Cold Storage Service ltd.
  • CTD Cold Storage
  • Thaimax Cold Storage
  • SCG Nicherei Logistics
  • Lucky Star
  • Mon Logistics
  • Mobile Logistics
  • Piti Cold Storage
  • Interexpress
  • Kerry Cool Logistics
  • Chomthana

Key Topics Covered in the Report

  • Thailand Cold Chain Market Overview
  • Thailand Market Overview
  • Ecosystem of Thailand Cold Chain Market
  • Business Cycle and Genesis of Thailand Cold Chain Market
  • End User Analysis of Thailand Cold Chain Market
  • Flowchart of Thailand Cold Chain Market
  • Industry Analysis of Thailand Cold Chain Market
  • SWOT Analysis of Thailand Cold Chain Market
  • Major Challenges and Bottlenecks in Thailand Cold Chain Market
  • Regulatory Framework in Thailand Cold Chain Market
  • Competitive Landscape in in Thailand Cold Chain Market
  • Market Share of Major Cold Storage Services in Thailand Cold Chain Market
  • Detailed Analysis on Thailand Cold Chain Market (Market Size and Segmentation, 2016-2022; Future Market Size and Segmentation, 2022-2027F)
  • Market Opportunity and Analyst Recommendations

For more insights on the market intelligence, refer to the link below:

Thailand Cold Storage Market

Related Reports By Ken Research:

Philippines Frozen Storage Market Outlook to 2025

UAE Cold Chain Market Outlook To 2025

South Korea Cold Chain Market Outlook To 2023

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