• Home
  • News

    Airlines

    • Freighter Operator
    • Bellyhold Airline

    Associations

    Airports

    Technology

    • Airfreight Digitisation
    • E-Commerce Logistics

    Business

    • Air Cargo Statistics
    • Cool Chain
    • Finance
    • Supply Chain

    Freight Forwarders

    Policy

    • Air Cargo Security

    Services

    • Handlers
    • Charter Operator
    • ULD
    • Freighter Conversion/MRO
    • GSSA

    People

    News By Date

    Sectors

    • Animal Transportation
    • E-Commerce Logistics
    • Perishable Logistics
    • Pharma Logistics

    Archive News

  • Magazine
  • Advertise
  • More
    • Jobs
      • Jobs
      • Post a Job
    • Events
    • Reels
  • Subscribe
  • Newsletter
No Result
View All Result
  • Airlines
  • Airports
  • Associations
  • Business
    • Cool Chain
    • Finance
    • Air Cargo Statistics
  • Sectors
    • Animal Transportation
    • E-Commerce Logistics
    • Pharma Logistics
    • Perishable Logistics
  • Services
    • Freighter Conversion/MRO
    • Handlers
    • Charter Operator
  • Technology
    • Logistics
    • Policy
    • Air Cargo Security
  • More
    • Freight Forwarders
    • People
    • Cargo Handling
Cargo Newswire
  • Home
  • News

    Airlines

    • Freighter Operator
    • Bellyhold Airline

    Associations

    Airports

    Technology

    • Airfreight Digitisation
    • E-Commerce Logistics

    Business

    • Air Cargo Statistics
    • Cool Chain
    • Finance
    • Supply Chain

    Freight Forwarders

    Policy

    • Air Cargo Security

    Services

    • Handlers
    • Charter Operator
    • ULD
    • Freighter Conversion/MRO
    • GSSA

    People

    News By Date

    Sectors

    • Animal Transportation
    • E-Commerce Logistics
    • Perishable Logistics
    • Pharma Logistics

    Archive News

  • Magazine
  • Advertise
  • More
    • Jobs
      • Jobs
      • Post a Job
    • Events
    • Reels
  • Subscribe
  • Newsletter
No Result
View All Result
Cargo Newswire

Cold chain market size in China to grow at a CAGR of 19.1% from 2022 to 2027: Increasing number of trade corridors to drive growth – Technavio

May 9, 2023
in Cool Chain, Sustainability
Reading Time: 8 mins read
0 0
A A
0
Share on FacebookShare on Twitter

The cold chain market size in China is estimated to grow by USD 76.48 billion during 2022-2027. However, the growth momentum will progress at a CAGR of 19.1%. The market is segmented by type (refrigerated warehouse and refrigerated transportation) and application (meat, fish, and seafood sector, dairy and frozen desserts sector, fruits and vegetable sector, healthcare sector, and bakery and confectionery sector).

The refrigerated warehouse segment will account for a significant share of market growth. Refrigerated warehouses are generally used for storing perishable products, such as foods and medicines, at the right temperature. Warehouses or storage facilities consume a lot of energy. Hence, market players are investing in energy-efficient technologies, which is driving the growth of the segment.

The increasing number of trade corridors is driving market growth. Trade corridors provide various economic benefits, such as creation, economic growth, reduction in poverty, and economic resilience. China is investing significantly in trade corridors to facilitate the movement of goods and commodities. With the increase in the number of trade corridors, the need for refrigerated transportation will increase. These factors will support market growth during the forecast period. To understand more about the market, request a sample report.

Related Post

Something old, into something new — uniforms transformed

YEG unveils first episode of new air cargo sustainability series

Vertical Cold Storage Completes Purchase of Dothan Facility

United Is First Airline to Purchase Sustainable Aviation Fuel (SAF) for O’Hare International Airport

Market insights –

  • Vendors: 15+, including Americold Realty Trust Inc., AP Moller Maersk AS, Arcticold Food Ltd., Beijing Shounong Food Group Co. Ltd., BSI Group, CJ Logistics Corp., Deutsche Post AG, FedEx Corp., Global Cold Chain Alliance, JD.COM, Jin Jiang International Holdings Co. Ltd., John Swire and Sons Ltd., Kerry Logistics Network Ltd., Kuehne Nagel Management AG, Nichirei Corp., S.F. Holding Co. Ltd., Shandong Gaishi International Logistics Group, Shanghai Speed International Logistics Co. Ltd., Shanghai Tengyi Boshi International Freight Forwarding Co. Ltd., Sinotrans Ltd., among others
  • Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
  • Segments: Type (refrigerated warehouse and refrigerated transportation) and application (meat, fish, and seafood sector, dairy and frozen desserts sector, fruits and vegetables sector, healthcare sector, and bakery and confectionery sector)

Cold chain market in China – Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

  • Key purchase criteria
  • Adoption rates
  • Adoption lifecycle
  • Drivers of price sensitivity
  • For highlights on customer landscape analysis, download a sample!

Cold chain market in China – Vendor insights

The cold chain market in China is highly fragmented, with the presence of numerous international and regional vendors. Many new players are entering the market owing to the increasing demand for cold storage services in the country. Vendors need to effectively manage the available resources to gain market shares. Investments in cold storage expansion are based on various factors, such as city, location, size, quality, and function. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors, including

  • Americold Realty Trust Inc. – The company offers cold chain solutions such as freezing, quick-freezing, and blast freezing.
  • CJ Logistics Corp. – The company offers cold chain solutions for the food industry.
  • Deutsche Post AG – The company offers cold chain solutions for sea food storage.
  • JD.COM – The company offers cold chain solutions such as fresh food products and medical supplies.

Cold chain market in China – Market dynamics

Major trends

  • Increased demand for integrated cold chain logistics services
  • Introduction of blockchain technology in cold chain
  • Increased adoption of sustainable initiatives

Numerous cold chain service providers have started to provide end-to-end integrated services owing to the rising demand for outsourced cold chain services in the pharmaceutical and other industries. These services include inventory control, order planning, forecasting, warehousing, and delivery control, among others. Vendors help customers track shipments and communicate with the entire supply chain. They also provide disaster recovery services. Such factors will support market growth during the forecast period.

Key challenges

  • Lack of adoption of new technology in cold chain
  • Operational barriers due to increase in cold chain cost
  • Poor customer satisfaction

Advanced technologies are required to achieve operational efficiency in cold chain. Some of these technologies include RFID and automated material handling equipment, which give end-users real-time updates on the delivery and storage procedures. However, the implementation of these technologies is expensive. As a result, small businesses and domestic players prefer to use conventional operational techniques. Such factors are expected to impede the growth of the market during the forecast period.

Get some key insights about market dynamics and its impact on businesses. Grab a sample PDF now!

The cold chain market in China report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

Why buy?

  • Add credibility to strategy
  • Analyzes competitor’s offerings 
  • Get a holistic view of the market

Get a significant profit margin with Technavio – Buy the Report

What are the key data covered in this report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the cold chain market in China between 2023 and 2027
  • Precise estimation of the size of the cold chain market in China and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the cold chain market in China
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of cold chain market vendors in China

Gain instant access to 17,000+ market research reports covering 800 technologies across 50 countries. 

Technavio’s SUBSCRIPTION platform

Related Reports:

The cold chain market size is estimated to grow at a CAGR of 17.43% between 2022 and 2027, and the size of the market is forecasted to increase by USD 358.49 billion. This report extensively covers market segmentation by application (meat, fish, and seafood, fruits vegetables and beverages, dairy and frozen desserts, bakery and confectionery, and healthcare), type (refrigerated warehouse and refrigerated transportation), and geography (North America, APAC, Europe, South America, and Middle East and Africa).

The size of the cold chain logistics market in North America is expected to increase by USD 64.79 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 11.98%. Furthermore, this report extensively covers segmentation by type (refrigerated warehouse and refrigerated transportation) and geography (US, Canada, and Mexico).

Cold Chain Market Scope in China
Report CoverageDetails
Base year2022
Historic period2017-2021
Forecast period2023-2027
Growth momentum & CAGRAccelerate at a CAGR of 19.1%
Market growth 2023-2027USD 76.48 billion
Market structureFragmented
YoY growth 2022-2023 (%)18.86
Competitive landscapeLeading vendors, market positioning of vendors, competitive strategies, and industry risks
Key companies profiledAmericold Realty Trust Inc., AP Moller Maersk AS, Arcticold Food Ltd., Beijing Shounong Food Group Co. Ltd., BSI Group, CJ Logistics Corp., Deutsche Post AG, FedEx Corp., Global Cold Chain Alliance, JD.COM, Jin Jiang International Holdings Co. Ltd., John Swire and Sons Ltd., Kerry Logistics Network Ltd., Kuehne Nagel Management AG, Nichirei Corp., S.F. Holding Co. Ltd., Shandong Gaishi International Logistics Group, Shanghai Speed International Logistics Co. Ltd., Shanghai Tengyi Boshi International Freight Forwarding Co. Ltd., and Sinotrans Ltd.
Market dynamicsParent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purviewIf our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

ShareTweetPin
Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

Related Posts

Logistics

WIKA’s Probowangi Toll Road Project Nears Completion, Set to Boost Connectivity and Economic Growth

by Devender Grover
March 14, 2025
Airlines

Eve Air Mobility and UI Helicopter Join Forces to Propel Advanced Air Mobility in South Korea

by Devender Grover
March 13, 2025
Airlines

dnata Reaffirms Its Commitment to Excellence with Seven-Year Ground Handling License Renewal at Zürich Airport

by Devender Grover
March 13, 2025

TIACA Announces 2025 Hall of Fame Recipient

June 6, 2025

New contract extensionWestJet Cargo relies on Jettainer as long-term ULD management partner

NY/NJ Foreign Freight Forwarders & Brokers Association Announces 2025 “Captain of Industry” Award Recipient

Avianca Cargo announces a collaboration agreement with Amazon Air Cargo

SAL and GCL Sign Strategic Agreement to Strengthen Specialized Logistics Solutions for the Entertainment, Sports, and Arts

Air France KLM Martinair Cargo marks five years of tech-driven, customer-centric transformation

Tags

Airbus Air Canada Air Cargo Aircargo Air Cargo News Air Freight Airfreight Airlines American Airlines Atlas Air Aviation Aviation Industry Aviation News Boeing cargo industry news Cargo International News Covid 19 DB Schenker DHL DHL Express dnata E-commerce Emirates Emirates SkyCargo Etihad Cargo Europe Freighter Freighters IAG Cargo IATA Latest Air Cargo News Logistics Logistics News Lufthansa Cargo Pharma Qatar Airways Qatar Airways Cargo Supply chain Sustainability Swissport Technology TIACA Turkish Cargo UPS WFS
  • Home
  • About us
  • Magazine
  • Subscribe
  • Reels
  • Events
  • Advertise
  • Careers
  • Contact us
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Copyright © 2025 Profiles Media Network Pvt Ltd. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Airlines
    • Airports
    • Associations
    • Business
    • Freight Forwarders
    • People
    • Cargo Handling
    • Sectors
    • Services
    • Technology
    • News By Date
  • Reels
  • Magazine
  • Archive News
  • Subscribe
  • Newsletter
  • Advertise
  • Jobs
  • Subscribe
  • Events

Copyright © [2024] Profiles Media Network Pvt Ltd All Rights Reserved. Build with ❤️ by Onairdigital

Our website uses cookies. We use cookies and similar technologies to personalise content, to provide you with relevant marketing, to enhance your user experience and to gain insight and track how you interact with us and our partners. Learn more in our Privacy Policy and Cookie Policy.