The Chinese Logistics Market is growing due to increasing Logistics demand, rising digital innovations, improving road Infrastructure Supported with rising Manufacturing: Ken Research

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Rising Digital Innovations: In recent years, China’s Freight Forwarding Industry is increasingly moving towards more digital, platform-based and collaborative innovation system to increase its efficiency. High penetration of mobile commerce has led to large disruption in B2B and B2C segment, with market participants being able capture a lion’s share of the market – due to high acceptance rate of Chinese Shippers as well as Carriers. Some of the popular Digital Aggregator Platforms in China are Manbang, Huolala and Kuaigou.

Improving Logistic Infrastructure: In recent years, the Chinese Government is investing heavily for improving the infrastructure for Freight Forwarding and Warehousing Industries in the country. Initiatives such as Road and Belt Initiative which include innovations like new routes and modes for global trade are the major factors promoting the Industry. Moreover, Major retailers are also upgrading their existing infrastructure & helping expand their operations with further investments. For Example, DB Schenker, one of the biggest 3PL players in China is investing heavily in Eastern China to build state-of-the-art logistics centre in the country while other players such as DHL, Sinotrans and more are following the suit.

COVID Impact on Logistics Industry: COVID-19 positively impacted the road freight industry of the country as demand for groceries and other essential goods increased by 36% during lockdown 2020 (i.e. Jan to Apr) in cities like Shanghai, Beijing, Suzhou, Wuhan and others. Moreover, owing to the above reasons, Cold Storage demand also increased in the country.

Increasing International Trade: China has witnessed a large increase in its international trade over the year which is positively impacting its logistics industry. Trade balance increased from $ 530 Bn in 2016 to $ 535 Bn in 2020 due to increasing demand from trading partners in the booming economies of Southeast Asia. Moreover, more than 50% of China’s goods exports from the country went to USA, Japan, Republic of Korea, India, Hong Kong, Germany and Netherlands.

Analysts at Ken Research in their latest publication Chinese Logistics 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.

china-logsitics-market

Key Segments Covered:-

By Mode of Service- Freight Forwarding Market (Revenue and Volume)

Road Freight

Sea Freight

Rail Freight

Air Freight

By Type of Load- Road Freight Forwarding Market (Revenue)

LTL

FTL

By  Type of End Users – Road Freight Forwarding Market (Revenue)

Agriculture

Non- Agriculture

Commodities

FMCG Products

Electronic Equipments

Chemicals

Automotive Products

Pharmaceutical Products

By Business Model-Warehousing Market (Revenues)

Industrial Retail

Cold Storage

IFS/ICD

Grain Storage

By End User-Warehousing Market (Revenues)

FMCG Products

Commodities

Agricultural Products

Pharmaceutical and Medical Devices

Automotive Products

Electronics

Others

Companies Covered:-

(Freight Forwarding Companies)

SF Express

ZTO

Deppon Logistics

Yuancheng Group Co Ltd

Fujian Shengfeng

Leaping Express Group

Shandong Jiayi Logistics Co

Shanghai Zeyi Logistics

Aneng Logistics

Topone Logistics

Sinotrans Hi-Tech Logistics

Topwin Logistcs

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

JD Logistics

CN Logistics

Zhejiang Xinbang Logistics Co

DB Schenker

Noatum Logistics

Best Freight

Dadi Logistics

PG Logistics

Shanghai Jiao Yun Co.

Transfar Logistics

Yusen Logistics China

(Warehousing Companies)

GLP

Vanke (VX Logistics Properties)

JD Logistics

China Logistics Property Holdings

Maple Tree Logistics

Proligis

Sinotrans

Li & Fung

SF Holdings

Kerry Logistics

COSCO SHIPPING Logistics

DB Schenker

DCH Holdings Ltd.

Changa Minsheng APLL Logistics

Bollore

(FMCG Companies)

WH Group

Pesico

Yili Group

Mengniu Group

Master Kong (Tingyi Holding Corp.)

Nestle

P&G

Coca Cola

China Resource Beer

Unilever

Nongfu Spring

Want Want China Holdings Ltd

Johnson and Johnson

Beijing Sanyuan Foods Company Limited

Mars Group

Nestle Waters

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

For More Information On the research report, refer to below link:-

China Logistics and Warehousing Market

Related Reports:-

Philippines Cold Chain Market Outlook To 2025: Driven By Rising Processed Food Consumption Owing To Growing Millennial Population Albeit Infrastructure Challenges

India Logistics Market Outlook To FY24–Driven By Government Infrastructure Push, New Age Logistics Startups, And Technology Innovation

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

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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