MENA Mobile Cold Storage Market Seen Soaring 14.3% Growth by 2030, Projects UnivDatos Market Insights
- Himanshu Patni
- January 27, 2024
- CONSUMER GOODS, NEWS
- MENA Mobile Cold Storage Market, MENA Mobile Cold Storage Market Analysis, MENA Mobile Cold Storage Market Forecast, MENA Mobile Cold Storage Market Growth, MENA Mobile Cold Storage Market Share, MENA Mobile Cold Storage Market Size
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Key Highlights of the Report:
Ø 1. Food Safety and Quality Standards: Countries in the MENA region typically have stringent regulations governing food safety and quality. Mobile cold storage units must adhere to these standards to ensure that perishable goods maintain their integrity during transportation. Compliance with temperature control measures and monitoring requirements is crucial to meet these regulations.
Ø 2. Transportation and Logistics Regulations: Legal frameworks often include regulations specific to the transportation and logistics sector. Mobile cold storage units need to comply with guidelines regarding vehicle safety, emissions, and the transportation of hazardous or temperature-sensitive materials. Adherence to these regulations ensures the secure and lawful operation of mobile cold storage fleets.
Ø 3. Customs and Import/Export Regulations: Given the international trade dynamics in the MENA region, mobile cold storage units involved in cross-border transportation must comply with customs regulations and import/export requirements. This includes documentation, permits, and adherence to specific protocols to facilitate the seamless movement of goods while ensuring compliance with legal standards.
Ø 4. Environmental and Energy Efficiency Standards: Increasingly, there is a focus on environmental sustainability and energy efficiency. Mobile cold storage units may be subject to regulations promoting the use of eco-friendly refrigerants, energy-efficient technologies, and practices that minimize the environmental impact. Compliance with these standards aligns with global efforts toward sustainable business practices.
Ø 5. Occupational Health and Safety Regulations: Legal frameworks in the MENA region encompass occupational health and safety regulations to safeguard the well-being of workers involved in the mobile cold storage industry. Compliance with these regulations includes measures to ensure the safe handling of equipment, proper training for personnel, and protocols for emergency situations, contributing to a secure working environment.
According to a new report by UnivDatos Market Insights, the MENA mobile cold storage Market is expected to reach USD 1543.7 Million in 2022 by growing at a CAGR of 14.3%. The expansion of the food industry in the MENA region is driving demand for mobile cold storage solutions to maintain the quality and safety of perishable goods. The rise of e-commerce platforms necessitates efficient cold storage during transportation, promoting the adoption of mobile cold storage units. Around 91% of consumers across MENA purchased products online. 70% of consumers across MENA prefer to use a digital payment method (this figure is even higher in GCC, at 80%), as per the Transport and Logitics Middle East in 2022. Moreover, the health & stringent regulations on food safety and quality standards encourage businesses to invest in reliable mobile cold storage solutions to comply with these requirements. The pharmaceutical industry’s reliance on temperature-sensitive medications creates a demand for mobile cold storage, ensuring the safe transport of medical supplies.
Access sample report (including graphs, charts, and figures) – https://univdatos.com/get-a-free-sample-form-php/?product_id=51619
The report suggests that mobile cold storage resources in Middle East and North Africa (MENA) region had a significant impact on the mobile cold storage industry in the MENA region. Some of the ways in which this impact has been felt include:
· In March 2022, Americold Realty Trust, Inc., the world’s largest publicly traded REIT focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, announced a strategic investment into RSA Cold Chain in Dubai.
· In July 2023, Maersk’s new Cold Store facility spread over 13,000 sq. m. at Dubai Industrial City, a member of TECOM Group PJSC, serves the FMCG sector with uninterrupted cold chain logistics solutions.
Click Here To View the Report Description & TOC – https://univdatos.com/report/mena-mobile-cold-storage-market/
Apart from this, in recent years, several governments in the Middle East and North Africa have implemented policies and provided funding support to enhance the growth of the Mobile cold storage industry. Some examples include:
Conclusion
In conclusion, mobile cold storage is not just a logistical solution it is a catalyst for growth, efficiency, and sustainability in the MENA region’s ever-expanding and evolving markets. As businesses continue to invest in this groundbreaking technology, the journey towards a more efficient and responsive supply chain in the MENA region unfolds, with mobile cold storage leading the way.
