Cold Chain Logistics Industry in China 2018-2020 Forecasts Now Available at RnRMarketResearch.com

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Apr 20, 2015, 03:00 ET

DALLAS, April 20, 2015 /PRNewswire/ --

This research on cold chain logistics market says that cold chain logistics will become the most popular sub-industry in logistics field in 2014-2018 due to the increasing demand and development potential. In the competitive cold chain logistics industry, cold chain distribution and storage centers provide refrigeration services for local agricultural markets.

Cold chain logistics encompasses home delivery and the main line. The home delivery belongs to express delivery and less-than-truck-load logistics while the main line is related to management of assets supply chain and third-party logistics. The complexity of cold chain logistics results in high entry criteria of the industry.

The cold chain logistics industry is expected to develop rapidly as demand for commodities like food, medicine and cosmetics increases in China.

Purchase a copy of this report (Research Report on Cold Chain Logistics Industry in China, 2014-2018) at http://www.rnrmarketresearch.com/contacts/purchase?rname=170214 .

As a high-end sub-industry of the logistics industry, cold chain logistics will attract much investment in the coming years. The e-commerce enterprises of fresh food spring up as e-commerce develops in China, which remarkably promotes the development of cold chain logistics. The year of 2013 was an important year in the development of fresh food e-commence in China. Several e-commence enterprises set foot in the fresh food field, including certain large-scale e-commerce enterprises like Tmall, JD and Amazon, certain logistics enterprises such as SFbest from SFExpress, and several professional e-commence enterprises for fresh food like Shanghai Yiguo E-commerce Co., Ltd. and TooToo Farm. According to CRI, the market size of fresh food e-commerce was approximately CNY 40-50 billion in China in 2013. The CAGR is estimated to exceed 100% in 2014-2018.

Few e-commerce enterprises of fresh food directly invest in equipment of cold chain logistics due to the high cost. However, rapid growth of the market stimulates the development of the distribution network of cold chain logistics. The home delivery service of e-commerce enterprises like JD and Tmall mostly depends on third-party enterprises of cold chain logistics due to lack mature storage and logistics distribution system. However, the trend for e-commerce enterprises is to establish self-operating cold chain logistics.

Cold chain logistics refers to the temperature-controlled system with an uninterrupted series of storage and distribution activities which maintain a given temperature range. It is used to help extend and ensure the shelf life of products such as fresh agricultural produce, seafood, frozen food, photographic film, chemicals and pharmaceutical drugs. Complete report is available (Research Report on Cold Chain Logistics Industry in China, 2014-2018) at http://www.rnrmarketresearch.com/research-report-on-cold-chain-logistics-industry-in-china-2014-2018-market-report.html .

Primary agricultural produce such as fruit and vegetables rots easily, which increases the operational cost of fresh food retailers, such as supermarkets and stores. The shelf life of products can be more than doubled in a cold chain logistics system that functions well. The loss of fresh food retailers will decrease by 30%-50% if the shelf life of perishable food like fruit and vegetables is prolonged from 1 day to 3 days.

Food spoilage is the major cause of food safety issues and waste of resources. Increasing concern about food safety stimulates the development of cold chain logistics, especially for meat, fruit, vegetables, aquatic products and dairy products. Demand for the cold chain logistics in transport of vegetables, fruit, meat and other processed products increases as Chinese people's life improves.

Other Related Report

China Cold Chain Logistics Industry Report, 2014-2017

China cold chain logistics industry is divided into two sectors: refrigeration and transportation. In the refrigeration field, Refrigerator Branch of China Warehousing Association released that China's cold storage capacity increased by 9.68% year on year to 83.45 million cubic meters in 2013, fulfilling the goals stipulated by Cold Chain Logistics Development Plan of Agricultural Products ahead of schedule. In 2014, China's cold storage building developed steadily with the cold storage capacity of 88.42 million cubic meters.

In the competitive cold chain logistics industry, cold chain distribution and storage centers provide refrigeration services for local agricultural markets; cold chain enterprises build cold storage according to their market layout, for example, Yurun will set up 15 agricultural product cold chain parks in 2015 in accordance with its "333″ plan; the professional cold storage operator Swire intends to accomplish 13 large modern cold storage facilities so as to create a nationwide cold chain network by the end of 2020.

47 qualified companies have participated in the competition for refrigerated trucks. Among the top players including CIMC (Shandong), Zhengzhou Hongyu, Henan Bingxiong, Henan Frestec, Zhenjiang Speed Auto and KF Mobile, CIMC (Shandong) occupies the Shandong market, and seizes market share in Guangdong, Zhejiang, Hubei and other places; Henan Bingxiong performs outstandingly in Northeast China, Shanxi and Inner Mongolia; Zhenjiang Speed Auto and KF Mobile focus on East China and dominate the East refrigerated truck market. Zhengzhou Hongyu not only takes a favorable position via giants such as Shuanghui, Yurun, Topin, Sanquan and Synear in Henan, but also makes some achievements in Beijing, Hebei, Ningxia, Jiangsu and other markets. Order a copy of this report (China Cold Chain Logistics Industry Report, 2014-2017) at http://www.rnrmarketresearch.com/contacts/purchase?rname=256802 .

Since Cold Chain Logistics Development Plan of Agricultural Products was introduced in 2010, China cold chain logistics industry has entered an unprecedented rapid development stage. In October 2014, the State Council issued Medium and Long-term Development Plan of Logistics Industry (2014-2020) to boost the cold chain logistics industry toward large scale, standardization and modernization.

Browse more reports on "Logistics & Shipping" @ http://www.rnrmarketresearch.com/reports/automotive-transportation/logistics-shipping .

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