Oman Cold Chain, Cold Storage, Cold Transport Market, Temperature Controlled Logistics Market

Oman Cold Chain Market Outlook to 2022 : Ken Research

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The report titled “Oman Cold Chain Market Outlook to 2022 – By Type (Cold Storage and Cold Transport); By End-user Industries (Meat and Seafood, Poultry and Eggs, Confectionaries and Others); By Entity (Logistics Owned and 3PL)” which provides a comprehensive analysis of cold chain market in Oman. The report covers Oman Cold Chain market size, segmentation by cold storage and cold transport and by end user industry type and by the ownership. The report also covers competitive landscape and company profiles for major players in Oman cold chain market. The report provides detailed overview on future outlook & projections for the industry.

The report facilitate the readers with the identification and in-depth analysis of the existing trends prevalent in the industry and anticipated growth in the future depending upon changing industry dynamics in coming years. The report is useful for cold chain companies, logistics companies, warehousing automation service provider, frozen meat and seafood companies, Poultry and Eggs industry, pharmaceutical companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Market Overview •

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The cold chain market is in a growth stage and there are quite a few players providing complete logistics services for multiple products such as meat, vegetables, dairy, poultry and pharmaceuticals. The services include Cold Storage, Cold Transport, Inventory Management, Custom Clearance and other 3PL logistics services. Smaller players cater to only limited portfolio of products/services. The government has made attempts to diversify the economy and reduce its dependence on oil. The logistic sector has been identified as the major sector which can contribute to the GDP of the country because of the strategic geographical location of Oman.

The cold storage facilities are maximum utilized by meat and seafood importing and exporting companies, followed by Poultry and Eggs. Confectionaries also contribute to a major portion of the usage percentage of the existing facilities. The occupancy rate of the cold storage facilities across the industry stands at over 50%.

Oman represents an attractive opportunity for refrigerated logistics service providers to serve the growing pharmaceutical industry. Increase in the number of supermarkets and restaurant have triggered the demand for cold storage and transport systems to keep the products fresh and maintain their quality.

Oman Cold Chain Market Segmentation By Cold Storage and Cold Transport •

Cold transport have dominated the cold chain market in 2017 by attributing highest market share owing to the fact that the cost involved in the cold transport is relatively much higher than that of cold storage.

Hence, the revenue margins are much higher in cold transport than in cold storage. Cold storage market has second highest share in the total cold chain market in Oman for the year 2017. Cold storage services are in demand because of the increase in the consumption and import of meat and seafood is increasing across the country. There has been a rise in ‘just in time’ inventory systems utilized by various companies to meet the demand for different products such as meat, fisheries and agricultural products over the period 2011-2016 which has affected the cold logistics market positively. Cold transport involves several stages including procurement of the goods from manufacturing unit to different modes of transportation and delivery of the products to the retailers. The industries demanding cold transport include supermarket and hypermarket.

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Oman Cold Chain Market Competitive Scenario Oman cold chain market is highly fragmented in nature and is at the nascent stage.

The companies compete on various parameters including the warehouse capacity, number of pallets, fleet, temperature range, network coverage and locations. The major players in Oman cold chain market include Al Madina Logistics, ILS Logistics, Agility Logistics and others.

Oman Cold Chain Market Future Outlook Oman cold chain market is anticipated to increase at a double digit CAGR during 2017-2022 owing to the government’s initiative to establish Oman as a major logistics hub in GCC and increase the volume of trade passing through its ports.

Additionally, there is surging demand for refrigerated deliveries and warehouses near major population centers. Recently, a food cluster is added to the list of development projects around Sohar Port which is likely to spike the demand for cold storage facilities. Major players in the cold chain logistics are preparing for this expected increase in demand by expanding their capacity. The frozen food industry is expected to rise in the future because of its popularity as a convenience food and this is expected to increase the demand for the cold storage facilities. The increase in the import of bio pharmaceuticals will further enhance the demand for cold storage and transport facilities as these pharmaceutical products require temperature controlled environment for maintaining their quality. The number of companies is expected to increase as this market offers compelling opportunities.

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For more information on the research report, refer to below link: https://www.kenresearch.com/automotive-transportation-andwarehousing/logistics-and-shipping/oman-cold-chain-market/149593-100.html Related Reports https://www.kenresearch.com/automotive-transportation-andwarehousing/logistics-and-shipping/turkey-cold-chain-market/142326-100.html https://www.kenresearch.com/automotive-transportation-andwarehousing/logistics-and-shipping/india-cold-chain-market/143603-100.html https://www.kenresearch.com/automotive-transportation-andwarehousing/logistics-and-shipping/vietnam-cold-chain-market/142347100.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-9015378249