China Logistics Industry grew and reached to ~ 10 Trillion in 2020 owing to the rising Investments and Improving Infrastructure: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit 1. The Logistics Industry is expected to witness a Rise in Digital Freight Brokers, Improvement in Infrastructure and Growth in Automation The China Logistics Market is expected to grow at a CAGR of ~7.5% over the forecasted period (2023-2025F) with warehousing market expected to increase its market share marginally. Digital Freight Brokers are expected to expand in the market with an average CAGR of >20%, leading to the industry becoming more organized while Intermodal Freight Logistics Parks and other infrastructure projects are also expected to rise in future paving way for better logistic services in the country. Moreover, initiatives like Infrastructure push by the government aimed at increasing efficiency of the supply chain, as the government plans to promote rail and road freight network will serve as a catalyst for the overall logistics market in China. It is also predicted that the warehousing industry will witness an increase in use of technology and automation as major players adopt robotics technology in order to gain return on investment in less time than it took before and remain competitive. 2. The 3PL Market of China is highly fragmented with large number of companies focused on Consumer Retail sector To Know More about this report, download a Free Sample Report China’s has one of the largest 3PL Markets in the world. The Industry grew at a CAGR of 13.4% from RMB 1 Trillion in 2015 to RMB 2.0 Trillion in 2020.The 3PL Market in China is highly fragmented and consists of companies which are generally small in scale, with single service functions. In this context, the industry is expected to usher in a new round of concentration & integration in future to provide full set of services to the clients. In terms of competition, China Contract Logistics industry is dominated by logistics subsidiaries of large foreign & domestic companies, and the market for private third-party companies is relatively small ( 40 – 50% of top 50 Companies). 47% of 3PL Logistic services in China are focused on consumer retail sector followed by ~13% in Automobile Sector, ~12% in Pharmaceutical Sector, ~11% in Electronics sector and ~16% in other sectors such as Chemicals, etc. 3. China Warehousing Industry generated a Revenue of RMB 0.8 Trillion from 2,010 Mn Sqm Logistics Infrastructure Supply in 2020 Visit this Link Request for a custom report In recent years, China’s logistics has grown steadily with huge investments, which has driven the increase in storage costs year by year. In 2020, China’s warehousing cost reached RMB 5.4 Tr, a year-on-year increase of 7.4%, accounting for 34% of the cost of the logistics industry. In 2020, China had 7000+ automated three-dimensional warehouses covering an area of more than 3.5 Mn sqm. These have grown at a CAGR of ~8.8% from 2015-2019 and are expected to show higher growth in the future owing to increasing demand. Tags: 3PL and Integrated Logistics Market China, China 3PL Market Revenue in USD Million, China Air and Ground Express Revenue, China Air Freight Market, China Digital Freight Aggregator Industry, China E-Commerce Logistics Market, China E-Commerce Logistics Market Major Companies, China Freight Forwarding Market, China International Warehousing Market, China Logistics & Freight Services, China Logistics and Warehousing Industry, China Logistics and Warehousing Market, China Logistics and Warehousing Sector, China Logistics Industry, China Logistics Market, China Rail Freight Market, China Sea Freight Market, China Transportation Industry, China Warehousing Market, China Warehousing Market Revenue USD Billion, Cold Storage Market China, Cold Storage Warehouse Market China, Cold Transportation Market China, Competitors In China Logistics and Warehousing Market, demand for owned and 3PL warehouse in China, Deppon Logistics Logistics and Warehousing Market Revenue, End User Demand for Warehousing services in China, Express Logistics Market China, Freight Forwarding and Warehousing Companies in China, Fujian Shengfeng Logistics and Warehousing Market Share, Import and Export Shipment Cost China, Industrial Warehouse services China, Leading Players in China Logistics and Warehousing Market, Logistics and Warehousing Market, Logistics Industry in China, Major Players in China Logistics and Warehousing Market, SF Express Logistics and Warehousing Market Revenue, Top Logistics and Warehousing Companies in China, Warehousing and Freight Forwarder Services in China