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474

Freight, Logistics and Cold Storage Market in India - US$ 618.16 billion Opportunity by 2020

3PL logistics market in India is expected to be worth US$ 301.89 billion by 2020. Indian logistics market is expected to grow at a CAGR of 12.17% by 2020 driven by the growth in the manufacturing, retail, FMCG and e-commerce sectors.

Freight transport market in India is expected to be worth US$ 307.70 billion by 2020. Indian freight transport market is expected to grow at a CAGR of 13.35% by 2020.

Cold Storage Market in India 2015 - 2020 is expected to be worth US$ 8.57 billion by 2020. Indian cold storage market is expected to grow at a CAGR of 16.09% by 2020 driven by the growth in the organized retail, Indian fast food market, food processing industry and e-commerce sectors.

To know more about these newly launched market research reports visit:
http://www.marketresearchreports.com/novonous/logistics-market-india-2015-2020

http://www.marketresearchreports.com/novonous/freight-transport-market-india-2015-2020

http://www.marketresearchreports.com/novonous/cold-storage-market-india-2015-2020

India spends around 14.4% of its GDP on logistics and transportation as compared to less than 8% spent by the other developing countries.

In India road freight constitutes around 63% of the total freight movement consisting of 2.2 million heavy duty trucks and 0.6 million light duty trucks covering more than 18,00,000 kms of road length carrying more than 3000MMT (million metric ton) of load annually.
NOVONOUS estimates that the road freight movement is expected to increase at a CAGR of 15%. This will be driven by the growth in Indian FMCG, retail and pharmaceutical sectors, which have large freight transport requirements across the country which is generally done by road transportation.

Rail freight constitutes around 27% of the total freight movement in India. It consists of a large infrastructure of more than 65000 kms of rail network carrying more than 1400MMT of load annually. With the growth in core manufacturing sector and with the proposed “Make in India” campaigns it is expected that the freight movement of core commodities like iron ore, steel, coal, petroleum etc are projected to increase at a fast pace. NOVONOUS estimates that Indian rail freight market will grow at a rate of around 10% CAGR over the next 5 years.

Sea freight consists of around 9% of the total freight market and is mainly used as a major mode for imports and exports. Around 600MMT of freight tonnage is transported through the 13 major ports and the 200 minor ports of India.

NOVONOUS estimates that Indian sea freight market will grow at a CAGR of 12% in the next 5 years, which will be mainly driven by increased exports of automobiles and handloom & handicraft products.

Air freight consists of around 1% of the total freight market in India and approximately 4MMT of freight tonnage is transported through air. NOVONOUS estimates that Indian air freight market will grow at an impressive rate of around 12.5% CAGR over the next 5 years with more number of private airlines entering this space coupled with the lower turnaround time needed for delivery such as “24 hour delivery” needed by the E-commerce sector.

The cold storage market in India on the other hand is highly fragmented with more than 3500 players in the unorganized sector and around 30 players in the organized sector.

India currently has 6156 cold storage facilities across various states with total capacity of 28.68 MMT which is insufficient. Due to lack of cold storage facilities, India has wastage of more than 450MMT every year which leads to a huge amount of loss, and leads to shortage in the overall generation capability.

Refrigerated storage market in India which constitutes a minor market share in overall cold storage market in India is expected to grow at a CAGR rate of 15% in the next 5 years.

Refrigerated transportation market which is largest contributor to cold storage market in India is expected to grow at a CAGR rate of 17% in the next 5 years.

Meat and fish cold storage market in India has largest revenue share of entire cold storage market in India and is expected to grow at a CAGR rate of 9% in the next 5 years.

Dairy cold storage market in India controls second largest market share in entire cold storage market in India in terms of revenue. It is expected to grow at a CAGR rate of 18.16% in the next 5 years. The break-up for the growth forecast is 14.5% CAGR for butter, 20.5% CAGR for cheese and 19.5% for ice-cream in the next 5 years.
Pharma cold storage market in India is expected to grow at a CAGR rate of 16% to in the next 5 years till 2020.

Refrigerated/reefer trucks market in India is expected to grow at a CAGR rate of 85.30% in the next 5 years in terms of number of trucks.

All these reports have detailed company profiles including their position in industry value chain, financial performance analysis, product and service wise business strategy, SWOT analysis and key customer details for key players in each industry.

These reports also provide detailed forecasts, growth drivers and inhibitors, need analysis, EXIM scenarios, Government Policies, Risk Analysis (Credit Risk, Policy Risk and Technological Risk), PESTLE Analysis, Porter’s Five Forces Analysis, SWOT Analysis, Current and Future Trends, Challenges Faced by New Players, Competitive Landscape and Strategic Recommendations for End Users, Policy Makers, Industry players and Investors for freight, logistics and cold storage market in India.
For more information and to purchase these report please visit:
http://www.marketresearchreports.com/novonous/logistics-market-india-2015-2020

http://www.marketresearchreports.com/novonous/freight-transport-market-india-2015-2020

http://www.marketresearchreports.com/novonous/cold-storage-market-india-2015-2020

To browse more market research reports by NOVONOUS visit:

http://www.marketresearchreports.com/publisher/novonous

About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
About NOVONOUS

NOVONOUS helps organizations differentiate themselves, break entry barriers, track investments, develop strategies and see through corporate fog by providing business intelligence that works for their business. For more information about NOVONOUS visit: http://www.novonous.com  
 
 

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