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JNPT Cold Storage Market Expected to Generate Revenues over INR 200 Cr. by 2025: Ken Research

  • More than 70% of cold warehouse capacity below 10,000 Pallets, Large warehouses needed post GST linked warehouse consolidation.
  • Cold storages with agricultural products occupy ~53% of the overall space, 31st October 2020.
  • The market is highly concentrated in places like Vashi, Taloja and Panvel. The rising urban population, developed transport infrastructure in these regions along with the proximity to the sea and upcoming airport has been the key factors leading to the growth of the cold storages in these areas.
  • Specialized cold chain companies such as Kool Solutions, Snow-Ex, ColdStar Logistics and Winter Logistics have entered the Cold chain industry in the last 10 years (FY’10-FY’20).

Pharmaceutical Push: India emerged as a world Pharma hub contributing to 10% of world production by volume. The Pharma Industry has seen continued growth with turnover at INR 2.7 Tn in 2019, with exports increasing from INR 1.3 Tn in 2017 to INR 1.4 Tn in 2019.

Increasing Market Demand: Maharashtra is host to more than 10,000 companies in the food processing sector with a number of multinational companies having their production facilities with requirement of cold storage facilities.

Launch of ‘Export Cold Zone’ by Mumbai Airport: The Mumbai International Airport Ltd has launched the world’s largest airport-based temperature-controlled facility known as the ‘Export Cold Zone’ for processing and storage of agro and pharma products. The exclusive terminal can hold over 700 tonnes of such cargo at one time with a combined annual capacity of 5.25 lakh tonnes.

Indian Food Service Market Gaining Momentum: The food services market in India has shown consistent growth since Fiscal 2014 and was estimated at ₹4,096 billion in FY’2019, ending March 2019. Unorganized market accounted for ₹2,535 bn, followed by the organized standalone segment, the chain market and restaurants at hotels, each accounting for ₹1,096 billion, ₹350 billion and ₹115 billion, respectively.

The report titled Business Potential for Cold Storage Facility in JNPT Outlook to FY25 – Driven by increasing Trade of food products and Pharmaceuticals along with growth in QSRprovides a comprehensive analysis on the status of the cold storage market in the JNPT area in Mumbai. The report covers various aspects including the current market scenario in JNPT, pricing trends, pros and cons for setting up cold storage in the area, major growth drivers, investment in infrastructure, tech disruptions and innovations, and competition benchmarking. The report concludes with market projections for future of the industry including forecasted industry size by revenue and pallet positions along with potential end users.

business-potential-for-cold-storage-facility-in-jnpt

Key Segments Covered:-

JNPT Cold Storage Market

Pallets By Temperature Range

Freezers

Chillers

Ambient

Pallets By End Users

Agriculture

Pharmaceuticals

QSRs

Bakery and Confectionery

Dairy

Meat and Seafood

Others

Companies Covered:-

Snowman Logistics

Savla Cold Storage

JWL Cold Store

Rishi Ice and Cold Storage

Western Superfresh

Kool Solutions India

Primanand Cold Storage

Mehta Cold Storage

Snow-Ex

Supreme Cold Storage

ColdStar Logistics

Vishal Ice Factory And Cold Storage

Crescent Cold Storage

A. A. Cold Storage

Mayur Cold Storage

Radha Krishna Foodland

Igloo Cold Storage

Eskimo Cold Storage

Winter Logistics (DP World Company, Lease from Allana)

Omni Fresh Agro

Alps Ice and Cold Storage

Khanna Ice and Cold Storage,

Bhoir Ice Factory and Cold storage Pvt LTD,

Libran Cold Storage

iAhmed Cold Storage

Key Target Audience:-

Cold Storage Companies

Cold Chain Association

End Users for Cold Storage Companies

3PL Companies

Consultancy Companies

Logistics/Warehousing Companies

Real Estate Companies/ Industrial Developers

Time Period Captured in the Report:-

Historical Period – 2017-2019

Forecast Period – 2020-2025F

Key Topics Covered in the Report:-

JNPT Cold Storage Market Introduction

JNPT Infrastructure

Pros a Entry Barriers and Pre-requisites for Cold Storage Facility in JNPT, Mumbai

Pros and Cons for Setting up Cold Storage Facility in JNPT, Mumbai

Reasons for End User Companies to Shift down to JNPT, Mumbai

Number of Cold Storages in JNPT Area, 2020

Cold chain warehousing potential for multiple commodities (F&V Market, Meat and Seafood, Ex-Im Temperature Controlled Consignments, Confectionary, Ice Cream, Frozen Food, Dairy, Pharmaceutical, RTE/ RTC etc.)

Competition Assessment in JNPT Area separately for Cold Storage Assessment on the Basis of Nature of Competition, Competitive Factors and Major Companies

Number of Cold Storage in JNPT, Mumbai segregated by Organized and Unorganized Sector Including parameters such as Price Per Pallet, Type of Facilities, Size, Major Clients, End User Catered, Revenues*, Employees, Vintage and others.

Preferred Location Assessment in JNPT Area

Financial Model to Setup Cold Chain Facility in JNPT Area

Future Potential for the Demand of Cold Storage Space in JNPT, Mumbai

For More Information on the research report, refer to below link:

Cold Storage Market in JNPT

Related Reports:-

India Logistics Market Outlook To FY24–Driven By Government Infrastructure Push, New Age Logistics Startups, And Technology Innovation

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)

Turkey Logistics And Warehousing Market Outlook To 2025 – By Domestic And International Freight Forwarding Throughput, Revenue & Flow Corridor (Road Freight And Pipelines, Sea, Air And Rail Freight), By Warehousing (Industrial / Retail, Container Freight / Inland Container Depot & Cold Storage), By 3PL, Courier Express & Parcel, Domestic And Cross Border E-Commerce Logistics

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