China Temperature Controlled Logistics Market is Expected to Reach USD 73 billion by 2022: Ken Research

China Cold Chain Market by Type (Cold Storage and Cold Transport), by Industries (Meat and Seafood, Fruits and Vegetables, Bakery, Pharmaceutical and Others), by Type of Cold Storage (3PL and Owned), by Demand for Cold Storage by Region (East China, South Central, North East, South West, North West and North China), by Size of Warehouses (Small, Medium and Large), by Domestic and International Cold Transport and By Modes of transport (Road, Air and Sea). Company Profiles of major players in China Cold Chain market including Swire Cold Storage Limited, Solidus logistics, Itochu Logistics, SF Express, Rokin Logistics China, DCH Logistics, CMAC, Zheng Ming Logistics, Xianyi Supply Chain, SinoTrans PFS, Zhong Rong Logistics , Shanghai Jiaoyun , Speed Fresh Logistics, HAVI Logistics (Beijing) Co., Ltd., China Railway Express Co., Ltd., Dalian Refrigeration Co., Ltd., Dalian Tianbao Green Foods Co., Ltd., Shanghai Jiaoyun Rihong International Logistics Co., Ltd.

• China’s cold chain industry is set to soar due to growing demand for refrigerated trucks.
• Investment in small cold chain market in China will impact the market in a positive manner in the forecast period. Government efforts coupled with rise in fresh e-commerce market is expected to increase demand for cold chain services.

There has been a steady growth in the demand for refrigerated trucks in China. In 2016, under the impact of favorable policies and high demand, the Chinese market for cold chain logistics has gradually seen improvement and this trend is expected to continue in the future. It has been forecasted that in next 3-5 years, the market for cold chain is anticipated to grow at a robust growth rate. Another reason for the growing demand for refrigerated trucks include surge in demand for quick-frozen food due to the rise in Chinese agricultural industry. Surging market demand coupled with the constant price rise through government policies has led to the development of the Chinese market for refrigerated trucks.
The expanding demand for fresh sea food in China has stimulated investment in the cold chain sector in China. These products are transported to supermarkets, hypermarkets and online stores via temperature-controlled supply chain.

The environment of Cold Chain continues to improve as the new government attaches further importance to the foods safety. The market size of Fresh E-commerce will expand further in future. The development of Fresh E-commerce depends on the capacity of cold chain logistics. The comprehensive differentiation service experience of the first and last 1 km distribution will become the competitive core of Fresh E-commerce. Cold chain logistics will become more specialized and integrated in future with the adoption of smart technologies.

Analysts at Ken Research in their latest publication “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)” believe that capacity expansion, tie ups with e-commerce players and using innovative technologies in the industry will aid China cold chain market.

China Cold Chain market is expected to register positive CAGR of around 15.6% during the period 2017-2022. Rising e-commerce and use of updated technology are expected to have positive impact on the demand for cold storage and cold transport.

For more information on the research report, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/china-cold-chain-market/145655-100.html

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