New Delhi, July 18, 2019: The report titled “End User Perspective in Central Luzon Cold Storage Market- Dominance of Meat and Seafood Production Albeit by Inadequate Storage Facilities and Frequent Power Outrages” provides a comprehensive analysis of the cold storage market of Central Luzon. The report covers the value chain analysis, regional analysis for preferring Central Luzon, competitive advantages for setting up cold storage, case studies of key competitors in the region, major product categories for cold storage, emerging technologies in cold storage challenges encountered by captive companies, success factors for captive companies, decision-making process for clients, potential customers for cold storage, production of cold storage products in the region and the number of establishments in the region. The report concludes with an ecosystem including the directory of potential customers for cold storage services and analyst recommendations for setting up a cold storage the facility in Central Luzon.
Regional Analysis of Central Luzon: Central Luzon region is the third-highest contributor to GDP of the Philippines with provinces such as Bulacan and Nueva Ecija ranking in the top 10 earning provinces Moreover, it is also the third the most populous region which has the highest number of educational institutions (220 colleges and universities) outside Metro Manila which has led to a high young population. Central Luzon is a strategically located region in the middle of Luzon Island and distant from major fault lines. It is protected by typhoons by the surrounding Zambales and Sierra Madre mountain ranges which encourage businesses operations to invest in the region and set the path for industrialization.
Competitive Advantage for Setting up Cold Storage in Central Luzon: Companies operating in the cold storage industry of Central, Luzon can undertake designated steps to improve their performance and position in the industry. They can opt for automation, maximize cube density storage, control loss of heat, increase the use of warm solutions, undertake suitable dock to stock processes, track humidity and moisture and clean the cold storage facility. The companies can also ensure ideal temperature ranges required by several categories of products such as fruits, vegetables, dairy products, confectionaries, and several others.
Emerging Technologies in Central Luzon Cold Storage Market: Companies in Central, Luzon has been identified to undertake several advanced technological mechanisms and installations to stay competitive in the cold storage industry of the region. They have been identified to incorporate technologies such as EDI, RFID Cloud technology, automated pallets, blast freezers, sustainable technology, WMS and other such installations.
Challenges Encountered by Captive Companies in Central Luzon Cold Storage Market: Cold storage industry in Central Luzon is a high demand and high growth industry owing to the high production of meat and seafood products. The industry continues to experience a significant number of challenges including the depreciative impact of cold on equipment, labor, batteries, electric lift trucks, inefficient time management and policy compliance, lack of proper care of food products, improper labelling of racks and individual products and high pricing especially among logistics companies.
Success Factors for Captive Companies in Central Luzon Cold Storage Market: The several contributing factors that assist cold storage companies to operate successfully in the Central Luzon Region of Philippines include a high focus on chilling and freezing processes, overcoming truck ban challenges, undertake GPS tracking, adoption of effective marketing strategies such as direct and event marketing., conquering alternate temperature ranges, maintaining high quality of equipment and several others.
Potential Customers for Cold Storage Companies: Various potential customers for cold storage services in the region of Central Luzon include food production and processing companies such as ready-to-eat food companies and confectionary companies, grocery stores selling fruits and vegetables, meat and seafood companies, pharmaceutical companies, dairy companies, restaurants and kitchens. Majority of the cold storage services are required by meat and seafood and pharmaceutical companies. Meat and seafood companies primarily require a freezer and blast freezer services for a temperature range of -10C to -40C. They are expected to take cold storage services from logistics companies or operate their own cold storages. However, they are highly unlikely to take cold storages from fellow captive companies in the industry. Additionally, they are less likely to recommend the cold storage services they are taking to other clients owing to high competition in the meat and seafood space of Central Luzon.
Key Target Audience:-
Captive Cold Storage Companies
Logistics Companies
Cold Storage Technology Companies
Cold Chain Associations
Logistics Associations
Private Equity Firms
Venture Capitalists
Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2018-2023E
Case Studies Covered:-
Jentec Cold Storage
Royale Cold Storage
Nestle Philippines Inc
Key Topics Covered in the Report:-
Value Chain Analysis of Central Luzon Cold Storage Market
Regional Analysis of Central Luzon
Competitive Advantage for Setting up Cold Storage in Central Luzon
Case Studies for Key Competitors in Central Luzon Cold Storage Market
Major Product Categories in Central Luzon Cold Storage Market
Emerging Technologies in Central Luzon Cold Storage Market
Challenges Encountered by Captive Companies in Central Luzon Cold Storage Market
Success Factors for Captive Companies in Central Luzon Cold Storage Market
Decision Making Process for Clients in Central Luzon Cold Storage Market
Potential Customers for Cold Storage Companies
Production of Cold Storage Products in Central Luzon
Number of Establishments in Central Luzon
Ecosystem for Central Luzon Cold Storage Market
Analyst Recommendations for Central Luzon Cold Storage Market
For More Information On The Research Report, Refer To Below Link:-
Central Luzon Cold Storage Market
Corporate Comm India (CCI Newswire)
