Cold storage warehousing space per capita still remain low at 0.12 cubic meters in China, versus global average of 0.20 cubic meters showcasing a huge potential growth for the Chinese cold chain sector.
Increasing Number of Logistics service providers are focussing on improving their Value Added Services and streamlining their business operations using Big Data, Data Analytics Tools, IoT, AI and others.
China has been witnessing an average 4-5%annual increase in its per capita disposable income levels. This has led to rise in consumption of Food and Beverages and higher demand for supermarket retailing leading to increase the demand for warehousing in the country.
Rising Investment in technology: Major Logistics Players of China are increasingly focussing on improving IT and investing in technology in order to retain their customers in the highly competitive market of the country. China’s freight networks are already responding to the advent of big data, open data and digital technologies. Technologies such as 3D Printing, Autonomous Vehicles, Artificial Intelligence, Alternative Fuel Vehicles, Drones and more adoption levels are expected to increase in the future in the country.
Improving Infrastructure: Chinese Government is investing heavily for improving infrastructure owing to which Intermodal Freight Logistics Parks and other infrastructure projects are expected to rise in future paving way for better logistic services in the country. Moreover, China is expected to witness an increase of ~15% in number of Logistic Parks from ~2000 in 2020 to 2300+ in 2025 in the country.
Increasing Multi-storey Warehouses: China’s booming E-commerce Market, especially after COVID pandemic, has led to soaring demand for warehousing facilities in the country which are nearer to the end users. Hence, as land in major Urban Hubs is scarce and expensive, real estate developers such as Goodman, Prologis are setting their sights higher by adding floors to their logistics centres.
Analysts at Ken Research in their latest publication “Chinese Logistics and Warehousing Market Outlook to 2025- Led by Growth in Road Freight Services, Improving Infrastructure and Rising Digital Innovations” the Chinese Logistic Market has been evolving in the country due to factors such as increasing Logistics demand owing to reasons such as higher E-commerce penetration due to changing consumer patterns and increasing consumer expenditure; improving transportation and warehousing infrastructure due to multiple government projects; rising investment in technologies such as IoT, Big Data Open Data, AI, Automation and more; growing international trade with other major economies such as Japan, Republic of Korea, India and more. The market is expected to register a positive CAGR of 7.5% in terms of revenue during the forecast period 2020-2025.
Key Segments Covered:-
By Mode of Service- Freight Forwarding Market (Revenue and Volume)
By Type of Load- Road Freight Forwarding Market (Revenue)
By Type of End Users – Road Freight Forwarding Market (Revenue)
By Business Model-Warehousing Market (Revenues)
By End User-Warehousing Market (Revenues)
Pharmaceutical and Medical Devices
(Freight Forwarding Companies)
Yuancheng Group Co Ltd
Leaping Express Group
Shandong Jiayi Logistics Co
Shanghai Zeyi Logistics
Sinotrans Hi-Tech Logistics
Tianjin Datian Group
HOAU Logistics Co.
Yuantong Express Co. (YTO)
Shenghui Logistics Group Co.
Guangzhou Xinzhihong Logistics
Dazhong Transportation Group
Toll Global Logistics
Shandong Taian Transportation Group
Guangzhou City Star Transportation
Tianjin Lion Bridge
Beijing Xianglong Logistics Group
Zhejiang Xinbang Logistics Co
Shanghai Jiao Yun Co.
Yusen Logistics China
Vanke (VX Logistics Properties)
China Logistics Property Holdings
Maple Tree Logistics
Li & Fung
COSCO SHIPPING Logistics
DCH Holdings Ltd.
Changa Minsheng APLL Logistics
Master Kong (Tingyi Holding Corp.)
China Resource Beer
Want Want China Holdings Ltd
Johnson and Johnson
Beijing Sanyuan Foods Company Limited
Key Target Audience:-
Industry Associations and Consulting Companies
Third Party Logistic Providers
Potential Market Entrants
Freight Forwarding and Warehousing Companies
Time Period Captured in the Report:-
Historical Period: 2015-2020
Forecast Period: 2020-2025
Key Topics Covered in the Report:-
Comprehensive analysis of China Logistics Market and its segments.
Listed major players and their positioning in the market.
Identified major industry developments in last few years and assessed the future growth of the industry.
For More Information On the research report, refer to below link:-
Turkey Logistics And Warehousing Market Outlook To 2025 – By Domestic And International Freight Forwarding Throughput, Revenue & Flow Corridor (Road Freight And Pipelines, Sea, Air And Rail Freight), By Warehousing (Industrial / Retail, Container Freight / Inland Container Depot & Cold Storage), By 3PL, Courier Express & Parcel, Domestic And Cross Border E-Commerce Logistics
Ankur Gupta, Head Marketing & Communications