4.6 SE ASIA
2019-09-23
The cold chain market in Southeast Asia is attracting more and more attention, a trend which is mainly attributed to a rapidly expanding middle class and fast-rising numbers of high-income families. According to certain statistics, Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Vietnam had 80 million middle-income families with annual per capita disposable income amounting to US$ 5,000 to 35,000 in 2014, and 10 million high-income families with annual per capita disposable income higher than US$ 35,000.
