The Japan Cold Chain Logistics Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. We analyzed the impact of COVID-19 (Corona Virus) on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.
The Japanese cold chain logistics market is expected to exhibit a growth rate of more than 2% during the forecast period 2020-2025. As per the current movement of ready-made meals and strengthening of PB products (private label products whose brand is owned by a supplier who gets the goods made by a contract manufacturer under his own label) promoting traditional Japanese cuisine in form of bento and side dishes. The ageing population in the agriculture sector is maximum as compared to rest of Japan leading to a pacing reduction in the active number of farmers in the country and is one of the major reasons leading the Japanese population to shift to meat, seafood and frozen products. With COIVD-19 in effect, the Japanese Trade Ministry reported a 7.5% Y-o-Y increase in the sale at drugstores in March 2020. Along with this, the Japan Supermarkets Association, in response to the self-imposed quarantines and need to cook at home, reflected a 7.4% Y-o-Y increase in the demand and sales of groceries at the supermarkets in March 2020.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Japan Cold Chain Logistics Market: Nippon Express, Yamato Holdings, Sagawa, Kintetsu World Express, Itochu Logistics Corp., DHL, Kuehne Nagel, K line Logistics, Nichirei Logistics Group, Inc., Sojitz Corporation, CEVA Logistics, Kokubu Goup, Agility, SF Express*
Key Market Trends
Modern Households Leading to Demand for Frozen Foods
The Demand for chilled/frozen foods is increasing as a solution for the modern age families, such as the independent elderly citizens, increase in dual-income households and single people along with the danger of food loss, and increasing overall labour shortages in the food and beverage industry.
According to the Japan Frozen Foods Association, the domestic consumption of frozen foods in 2018 was 2,893,299 tons (up 1.3% year-on-year) while the per capita consumption was 22.9 kg. Along with this, there is a worldwide explosion in Japanese food, especially agricultural products in recent years. As the population of Japan ages, the shift on healthy life expectancy is a common desire of the people aiding the overall sale of frozen products significantly increase in the supermarkets, hypermarkets and drugstores.
Growth of Pharmaceutical Sector in Japan
Japan is one of the largest pharmaceutical markets in the world, especially due to its ageing population. It is also among the major producers and importers of advanced medical facilities backed by the active government initiatives for the promotion of generic drugs.
The country’s native biologics sector has now gained the second position after the USA. Coupled with the government’s focus on supporting lower-cost copycat products, this entails a huge opportunity for bio-similars. While innovative drugmakers have long benefited from generous exclusivity periods in Japan, the country is catching up with other mature markets in terms of generics penetration, with a rapidly increasing share of the market held by copycats. The confidence of the system is reflected by the fact that domestic drugmakers are increasingly going global with their products, with the share of overseas sales of the top Japanese companies rising steadily increasing the demand for cold chain storage and transportation facilities.
Influence Of The Japan Cold Chain Logistics Market Report:
-Comprehensive assessment of all opportunities and risk in the Japan Cold Chain Logistics market.
– Japan Cold Chain Logistics market recent innovations and major events.
-A detailed study of business strategies for growth of the Japan Cold Chain Logistics market-leading players.
-Conclusive study about the growth plot of Japan Cold Chain Logistics market for forthcoming years.
-In-depth understanding of Japan Cold Chain Logistics market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Japan Cold Chain Logistics market.
The report has 150 tables and figures browse the report description and TOC:
What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on regional scale.
Analytical Tools: The Japan Cold Chain Logistics Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
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