Rising demand for refrigerated trucks and increased investments in relatively small cold chain will drive China cold chain market in future.
The report titled “China Cold Chain Market Outlook to 2022 – by Cold Storage and Cold Transport and by Industries (Meat and Seafood, Fruits and Vegetables, Bakery, Pharmaceutical and Others)” by Ken Research suggested a positive CAGR in terms of total revenue of the china cold chain logistics market in the next 5 years till 2022.
China’s growing demand for fresh food offers significant opportunities for exporters of perishable foods provided that China makes the required investments in transportation, storage and distribution infrastructure. Europe and the Netherlands in particular are major suppliers of food and agricultural products to China. The demand for fresh fruit produce has been growing in China over the years owing to the rise in middle class population of the country and the emergence of a new generation of consumers willing to spend more on healthy food. Among the fresh fruit imported from Southeast Asia, Durians, Longans and Mangosteens have been the top sellers. These products have high requirement of cold storage and transport services as they demand temperature controlled environment owing to their perishable nature. The imports of fresh fruits in China have been increasing.
The cold storages in China were built according to the mode of civil engineering and occupy dominant position in China but this building structure does not apply to the modern cold chain mode operation. The reconstruction of cold storages and construction of new cold storages will impact the market in a positive manner. Most of the cold storage in China was built in the 1990s, mainly using ammonia as a refrigerant which is highly toxic and prone to explosion. Therefore, the cold storage that is dominated by carbon dioxide refrigeration systems is the mainstream development. The air-conditioned library (which controls the gas composition in the storage on the basis of an ordinary cold storage in order to achieve preservation) is developing in China cold storage market.
The integration of online and offline commerce in the country has risen the demand for cold chain. This integration is between an e-commerce platform and an offline retail store. Jingdong and Wal-Mart shared their inventory of the online platform and offline store with in-depth integration. Alibaba Group and Bealead Group reached a strategic cooperation based on big data and IT with integration innovation, new retail technology research and development, efficient supply chain integration, payment financial interconnection.
Key Topics Covered in the Report:
Comparative Analysis of China Cold Chain Logistics Market with Asia Pacific Cold Chain Logistics
China Logistics Infrastructure
Value Chain Analysis in China Cold Chain Market
China Cold Chain Market Overview and Genesis
China Cold Chain Market Size
China Cold Chain Market Segmentation
Trends and Developments in China Cold Chain Market
Issues and Challenges in China Cold Chain Market
SWOT Analysis of China Cold Chain Market
Competitive Landscape of Major Players in China Cold Chain Market
Snapshot on China Third Party Logistics
Industry Norms and Regulations in China Cold Chain Market
China Cold Chain Market Future Outlook and Projections
Macroeconomic Factors affecting China Cold Chain Market
Analyst Recommendation for China Cold Chain Market
For more information on the research report, refer to below link:
Ankur Gupta, Head Marketing & Communications