China Freight and Logistics Market Size, Share : Global Sales Revenue, Emerging Technologies, Key Players Analysis, Development Status, Opportunity Assessment ,Growth Factors and Industry Expansion Strategies 2023
Posted on Dec 16 2021 6:44 AM
"China Freight and Logistics Market Report Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, game-changing developments such as product launches and acquisitions. "
Global China Freight and Logistics Market provides deep Information by vendors, including company overview, company total revenue (financials), market potential, global presence, China Freight and Logistics sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. this study provides the China Freight and Logistics sales, revenue and market share for each player covered in this report. China Freight and Logistics market is split by Type and by Application. The growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
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China Freight and Logistics Market report features basic market situations, Product limit, consumption volume, and limit applications. Moreover, the report illuminates the SWOT analysis that should be done by the customers so as to know the Strength, Weaknesses, Opportunities, and Threats of the China Freight and Logistics industry. It likewise centers around venture practicability investigation, speculation return analysis and different ways to deal with the addition a considerable position in the China Freight and Logistics Market.The China Freight and Logistics Market report also covers a detailed comprehension of the major geographies present in the market along with the key segments and sub-segments.
The report focuses on regional development status, which includes the market size, share, and volume. The China Freight and Logistics Market report presents some of the key data, which would help the stakeholders in the industry besides the analysts and business decision makers. Production, consumption, cost, gross margin, revenue, market share and factors influencing market and CAGR has found its place in the report.
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Automotive Industry is a Major Driver of the Freight and Logistics Market in China
Along with the Chinese economyâ€™s extraordinary success, Chinaâ€™s freight and logistics industry is growing at a rapid pace. With the growth in the automotive sector, there is a need for stable logistics and transport structures. More than 29 million passenger and commercial vehicles were manufactured in China in 2017. To supply factories with components and assemblies at the scheduled time, complex transportation and logistics structures have been put into place. International OEMs have established a high degree of globalization, in terms of production mainly driven by the need to geographically diversify, to avoid manufacturing crises either through expansion or partnerships. Drivers, such as increasing purchasing power and demand from the consumers. Manufacturing is mainly concentrated in six regions, namely, Shanghai, Guangzhou, Changchun, and Beijing on the coast, inland Wuhan, Chengdu, and the capital of Sichuan in Western China. Many manufacturers from Germany and the United States are expanding their manufacturing networks in China, especially in the western and southern regions. Delivery distances between the component supplier plants have increased significantly (up to 2000 km). Logistics providers are improving their capacity and flexibility, as well as punctuality, to be able to satisfy the just-in-time (JIT) and just-in-sequence (JIS) requirements of the automotive manufacturing companies, which led to increased competition in the market.
Due to volatile infrastructure costs between lesser developed and better developed manufacturing regions, logistics costs have been rising. Lack of upgraded road networks outside the metropolitan cities and rail networks have been affecting the transport of cargo, in terms of time taken for transportation. In case of contract logistics companies, they usually establish their supply centers in the vicinity of the manufacturing centers, in order to be up to date on the organizational changes of their individual customers. For example, German manufacturers in China have been facing cooperation issues with local logistics companies, due to fears about transfer of knowledge, which has made it difficult for local companies to gain contracts.
Growing Retail and Consumer Market to Require Increased Logistics services
China is also one of the biggest markets for procurement of goods by German manufacturers in the retail and consumer sector. More than 80% of the retail and consumer markets source their goods from China. The main import goods are electrical and electronic equipment, furniture, jewelry, toys, and clothing. Since 2014, the Chinese retail market has grown by at least 10%. It is anticipated that the new five-year plan is will strengthen domestic consumption, due to increasing incomes of a huge chunk of the population currently living below middleclass standards, and boost annual consumer spending by approximately EUR 70 billion. In the retail food business in China, international retailers, such as Carrefour, Metro Group, Tesco, and Wal-Mart have revolutionized logistics by independently establishing their respective cold chains, which has allowed them to lay the foundation for modern food retailing.
The new five-year plan aims to modernize agriculture, which is expected to bolster the development of logistics processes in the food industry. This is further expected to stimulate the demand for specialized warehousing services and increased hygiene requirements. One of the drawbacks with this, is that, the retailer and consumer goods manufacturers prefer non-Chinese logistics service providers who stick to international quality standards.
Opportunity in Chinaâ€™s Cold-Chain Logistics Market
Growing income has been one of the factors, due to which Chinese consumers have been demanding higher standards with regard to safe and healthy food products. However, there is a growing concern for food and drug safety, especially with fresh produce e-commerce sector seeing a huge growth. Cold-chain logistics form the foundation for supply of perishable products, such as fresh fruits and vegetables, meat, dairy, aquaculture products, fresh flowers; medical products, such as drugs, re-agents, and vaccines which have strict temperature, humidity, and other environmental requirements. The cold-chain industry in China is expected to be valued at USD 60 billion by 2020, with transportation, cold storage, and other services making up 40%, 30%, and 30% of the marke. Despite this forecast, the market is still in its infancy and also extremely fragmented. Some major hurdles in this market include the unreliability and â€˜breakageâ€™ of the cold chain as the ownership of different stages of the cold chain, such as warehousing, ground transportation, air freight, airports, distribution, etc., are very fragmented. The lack of a standard end-to-end process control causes a widespread mismanagement in logistics processes.
Key Industry Players: Some of the key players in the market are C.H. Robinson, DB Schenker, Deutsche Post DHL, FedEx Corp., Worldwide Logistics Masters, Dah Chong Hong Holdings Limited, SF Express, ZM Logistics, and Xianyi Co. Ltd, among others.
Freight & Logistics Market in China Recent Developments:
July 2018: Bottlenecks on the Silk Road as Chinese freight hits Europe
Reasons to Purchase Freight & Logistics Market in China Report:
Current and future outlook of the Freight and Logistics market in China
Analysis of various perspectives of the market with the help of Porterâ€™s five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by major market players.
3-month analyst support, along with the Market Estimate sheet in excel.
Report Customization and Benefits:
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Covered in this report
The Report Covers the Present Scenario and the Growth Prospects of the Global China Freight and Logistics Market for 2021-2023. To calculate the market size, the report considers new installations or sales and subscription payments of China Freight and Logistics.
Regional Market Analysis:
The China Freight and Logistics Market report includes Global & Regional market status and outlook 2021-2023. Further, the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Global China Freight and Logistics Market 2021-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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- Growing research activities coupled with new product launches.
- High Opportunity in the Industry
- Complications associated with China Freight and Logistics procedures.
Some Major Points from Toc :-
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.5 Degree of Competition
3.3 Price Analysis
4. Market Dynamics
5. Market Segmentation and Analysis (Market Size, Growth & Forecast)
5.1 By Product Type
5.2 By Application
5.3 By End-user Industry
6. Regional Market Analysis
6.1 Production Analysis
6.1.4 Democratic Republic of Congo
6.2 Consumption Analysis (Market Size, Growth and Forecast)
18.104.22.168 South Korea
22.214.171.124 Rest of Asia-Pacific
6.2.2 North America
126.96.36.199 United States
188.8.131.52 Rest of North America
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
6.2.4 South America
18.104.22.168 Rest of South America
6.2.5 Middle East & Africa
22.214.171.124 South Africa
126.96.36.199 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
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