Growth in end user industries for cold chain services such as pharmaceuticals, meat & seafood, frozen food and others have increased the demand for both cold transport and cold storage in the country. E-commerce industry has grown at a significantly high rate which has given a boost to the cold chain industry. However, despite of surge in demand, the occupancy rate of the cold storage facilities across the industry currently stands at around 60%. Cold Chain companies usually hold the inventory for 60-90 days. The price for the cold storage facility is OMR 0.35 per pallet per day.
The growing consumption of food and increasing food safety concerns in the market as well as the growing trend among Omani people for the consumption of frozen meat and seafood is anticipated to propel the demand of cold chain services in Oman. In addition to this, growth in pallet capacity by cold chain companies and establishment of global logistics partner will support market growth.
For more information on the research report, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/oman-cold-chain-market/149593-100.html
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