Thailand Cold Chain Logistics Market is anticipated to register a high CAGR during
the forecast period. The cold chain includes both the supply chain and
temperature-controlled surface transportation. The phrase "cold chain
logistics" describes the freezing processes required to maintain the
quality and shelf life of products, for instance, fresh fruits, vegetables,
seafood, frozen meals, photographic film, chemicals, and pharmaceutical drugs.
For extending product shelf life, avoiding overcapacity, minimising transit
bottlenecks during peak periods, and assuring product quality, cold chains are
essential. The process makes use of temperature-controlled facilities for
product storage as well as cold-insulated transport vehicles for product
distribution. Using cold chain logistics procedures, products such as fruits,
vegetables, meat, livestock, medicines, and other things are often transported
and stored. Transport methods that are often used include refrigerated
vehicles, railcars, air freight, and refrigerated cargo. The cold chain
industry is crucial in reducing the wastage of perishable products and
commodities by providing farmers with reasonable prices for their output. In
the pharmaceutical industry, cold chain logistics enhances the efficacy of
drugs along the supply chain.
Thailand is a popular food destination
worldwide. With a growth in processed food exports throughout the projected
period, the nation's income is anticipated to increase. The government of
Thailand has made considerable investment in the creation of a whole supply
chain for food logistics in order to realise its aim of making Thailand the
world's kitchen. The government's attention is clearly seen in the booming cold
storage capacity, which is predicted to rise significantly during the forecast
period. Meat and seafood importers and exporters use cold storage facilities
the most, followed by poultry and egg producers. Confectioneries also
contribute significantly to the current facilities' consumption rate. The
industry as a whole has a high occupancy rate for cold storage facilities.
For providers of refrigerated logistics services, Thailand offers a compelling
potential to support the expanding pharmaceutical sector. The demand for cold
storage and transportation systems to keep the items fresh and retain their
quality has been sparked by an increase in the number of supermarkets and
restaurants.