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Cold Chain Logistics Market Forecast China, China Warehouse Industry - Ken Research

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The concept of cold chain logistics was introduced to China in 2008. In 2010, National Development and Reform Commission of China published Development Plan for Cold Chain Logistics of Agricultural Products. – PowerPoint PPT presentation

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Title: Cold Chain Logistics Market Forecast China, China Warehouse Industry - Ken Research


1
Food Safety Norms Bringing Change in China Cold
Chain Logistics Industry Ken Research
2
Considering the current statistics, China can be
contemplated as the largest economy accompanying
a GDP value of more than USD 11 trillion.
Supporting in line is the evidence that the
Chinese population is considered to be of upper
middle class with per capita income of about USD
13,170 (PPP) per year. However, it is not to
undermine the fact about unemployment which has
been held steady at 4.7 percent with a less than
1 percent rate of inflation since 2014.
Therefore, it is to say that Chinas economy is
currently undergoing a rapid transition, from
being a manufacturing and construction led
economy to a consumer led economy.
3
According to a recently released report by Ken
Research, cold chain logistics can be defined as
an uninterrupted series of refrigerated
collection, processing, packaging, storage,
transportation and distribution activities with
associated equipment which maintains a given
low-temperature range to preserve and extend the
life of products, ensuring the quality of
perishable products. With the evident improving
economy, growing household incomes, there has
been an inflating demand with regard to safety
health and quality of life which in turn is
highly benefitting the Chinese cold chain market
with a growth over 20 p.a. over the past five
years. The growth has been further aided due to
the increasing concerns regarding food and drug
safety, especially with the increasing popularity
of purchasing fresh produce online. The cold
chain logistics lays the foundation for supplying
perishable products (fresh fruits and vegetables,
meat, dairy, aquaculture products, fresh flowers
fresh fruits and vegetables, meat, dairy,
aquaculture products, and fresh flowers) and
medical products (drugs, reagents, vaccines,
biological products), requiring certain strict
temperature, humidity and environmental
conditions.
4
  • In addition, these temperature-controlled
    products require a series of steps to move along
    the cold chain which can be broken down into the
    segments of warehousing, ground transportation,
    air transport, distribution, infrastructure
    providers (equipment, systems, basic services
    etc.), and third-party logistics service
    providers (3PL).
  • In terms of tax policies, in June 2016, Ministry
    of Finance and Ministry of Commerce jointly
    issued Notice on Central Finance's Support for
    the Development of Cold Chain Logistics, says Ken
    Research. According to the notice declared, the
    10 demonstration regions which received financial
    support included Shandong, Henan and Chongqing
    amongst the remaining others. All inclusive of
    these facts, the Chinese government has been in
    support of the development of cold chain
    logistics industry.
  • However, despite of taking a leading position in
    the agricultural and animal products supply
    market, there still prevail significant losses of
    quantity as well as quality before the products
    even reach the consumers due to a shortage in the
    chill-facilities and the major cold chain systems.

5
Also, there are numerous consumers purchasing the
agriculture and food products from a traditional
wet market, which is further limiting the full
utilization of the cold chain systems. Therefore,
in order to overcome the often occurring serious
food incidents, an impetus to the growth of cold
chain market has been provided. In support, the
major cities of Beijing and Shanghai have also
been witnessing dramatic growth pattern in the
utilization of cold chain warehouse and
transportation systems. Moreover, as the western
businesses and cultural influences become
increasingly popular and the consumers are
becoming more aware and educated pertaining to
the food safety issues, the market improves on
the standard of flourishing not only in China,
but also as a supplier at the global level, aided
with technology, equipment and a booming market.
For example, Agility Fairs Events was the only
sole provider of cold chain logistics during the
6-month period of World Expo that took place in
Shanghai, China in 2010. As the Official
Logistics Services Provider of World Expo 2010,
it provided a full range of transportation and
storage services at the event, which exhibited
over 200 countries and organizations.
6
The other leading key players operating within
the Cold Chain Logistics market in China include
Zhejiang Dong Ri Limited Company, Dalian Tianbao
Green Foods Co., Ltd., China Railway Express Co.,
Ltd., Luohe Shuanghui Logistics Investment Co.,
Ltd., Henan Xianyi Supply Chain Co., Ltd.,
Shanghai Speed Fresh Logistics Co., Ltd.,
Shanghai Zhengming Logistics Co., Ltd., DCH
Logistics Company Ltd., HAVI Logistics (Beijing)
Co., Ltd., China Merchants Americold (Hong Kong)
Holdings Co., Ltd. , Rokin Logistics and Supply
Chain Co., Ltd., Shanghai Jiaorong Cold-Chain
Logistics Co., Ltd., Sinotrans Shanghai Cold
chain logistics Co., Ltd., Jiangsu Yurun
Agricultural Products Logistics Group Co., Ltd.,
Nanjing Runheng Logistics Development Co., Ltd.,
Qingdao Dafu Rongsheng Frozen Logistics Co.,
Ltd., Shanghai Grand logistics Co., Ltd., Jiangsu
Tianyuan Logistics Group Co., Ltd., Chengdu
SilverPlow Refrigeration Logistics Co.,Ltd., CCL
Cold Logistics Corp.,Ltd., Dalian Refrigeration
Co., Ltd., Fujian Snowman Co., Ltd., Shanghai
Hanbell Precise Machinery Co., Ltd., Nantong
Square Cold Chain Equipment Co., Ltd., Luoyang
Longhua Heat Transfer Energy Conservation Co.,
Ltd., Shandong Wanze Cold Chain Co., Ltd., and
Zhejiang Kaishan Compressor Co., Ltd. These
players are responsible for not only the
distribution of products within the country but
also in the global sphere, in a fattening way.
7
Key Topics Covered in the Report China Cold
Chain Logistics Industry Cold Chain Logistics
Market Research Report Global Cold Chain
Logistics Industry Analysis China Warehouse
Industry China Cold Chain Logistics
Players China Cold Chain Logistics Market Cold
Chain Logistics Market Forecast China For more
coverage click on the link below https//www.ken
research.com/automotive-transportation-and-warehou
sing/logistics-and-shipping/research-report-cold-c
hain-logistics-industry-china/86713-100.html
8
Related Reports https//www.kenresearch.com/autom
otive-transportation-and-warehousing/logistics-and
-shipping/qatar-logistics-warehousing-market-repor
t/87939-100.html https//www.kenresearch.com/auto
motive-transportation-and-warehousing/logistics-an
d-shipping/saudi-arabia-logistics-market-report/77
655-100.html Contact Us Ken Research Ankur
Gupta, Head Marketing Communications Ankur_at_kenre
search.com 91-9015378249
9
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