Oman Cold Chain Market Outlook to 2022 featuring Agility Logistics, Al Khaleej Cold Store, Al Madina Logistics, Enhance Oman, and ILS Logistics - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 12, 2018--The “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)” report has been added to ResearchAndMarkets.com’s offering.
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.
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.
Key Topics Covered in the ReportOman Cold Chain Market Overview and Genesis Oman Cold Chain Market Size Oman Cold Chain Market Segmentation Competitive Landscape of Major Players in Oman Cold Chain Market Oman Cold Chain Market Future Outlook and Projections Oman Cold Storage Market Future Technological Trend
Companies ProfiledAgility Logistics Al Khaleej Cold Store Al Madina Logistics Enhance Oman ILS Logistics
For more information about this report visit https://www.researchandmarkets.com/research/d8jkhx/oman_cold_chain?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181012005125/en/
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Related Topics:Logistics,Meat, Poultry and Eggs,Fish and Seafood,Industrial Refrigeration
KEYWORD: OMAN MIDDLE EAST
INDUSTRY KEYWORD: TRANSPORT OTHER TRANSPORT
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 10/12/2018 05:43 AM/DISC: 10/12/2018 05:42 AM