NEW YORK , May 9, 2023 /PRNewswire/ — 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 vegetables 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.
Technavio has announced its latest market research report titled China Cold Chain Market
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.
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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.
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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
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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).
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Cold Chain Market Scope in China |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 19.1% |
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Market growth 2023-2027 |
USD 76.48 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
18.86 |
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Competitive landscape |
Leading vendors, market positioning of vendors, competitive strategies, and industry risks |
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Key companies profiled |
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., and Sinotrans Ltd. |
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Market dynamics |
Parent 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 |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of contents
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Country Market Characteristics
Exhibit 04: Executive Summary – Chart on Market Segmentation by Type
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
Exhibit 07: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 12: Chart on China – Market size and forecast 2022-2027 ($ billion)
Exhibit 13: Data Table on China – Market size and forecast 2022-2027 ($ billion)
Exhibit 14: Chart on China: Year-over-year growth 2022-2027 (%)
Exhibit 15: Data Table on China: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Cold chain market in China 2017 – 2021
Exhibit 16: Historic Market Size – Data Table on Cold chain market in China 2017 – 2021 ($ billion)
4.2 Type Segment Analysis 2017 – 2021
Exhibit 17: Historic Market Size – Type Segment 2017 – 2021 ($ billion)
4.3 Product Segment Analysis 2017 – 2021
Exhibit 18: Historic Market Size – Product Segment 2017 – 2021 ($ billion)
4.4 Application Segment Analysis 2017 – 2021
Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 20: Five forces analysis – Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants – Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes – Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry – Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 26: Chart on Market condition – Five forces 2022 and 2027
6 Market Segmentation by Type
6.1 Market segments
Exhibit 27: Chart on Type – Market share 2022-2027 (%)
Exhibit 28: Data Table on Type – Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 29: Chart on Comparison by Type
Exhibit 30: Data Table on Comparison by Type
6.3 Refrigerated warehouse – Market size and forecast 2022-2027
Exhibit 31: Chart on Refrigerated warehouse – Market size and forecast 2022-2027 ($ billion)
Exhibit 32: Data Table on Refrigerated warehouse – Market size and forecast 2022-2027 ($ billion)
Exhibit 33: Chart on Refrigerated warehouse – Year-over-year growth 2022-2027 (%)
Exhibit 34: Data Table on Refrigerated warehouse – Year-over-year growth 2022-2027 (%)
6.4 Refrigerated transportation – Market size and forecast 2022-2027
Exhibit 35: Chart on Refrigerated transportation – Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Data Table on Refrigerated transportation – Market size and forecast 2022-2027 ($ billion)
Exhibit 37: Chart on Refrigerated transportation – Year-over-year growth 2022-2027 (%)
Exhibit 38: Data Table on Refrigerated transportation – Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Type
Exhibit 39: Market opportunity by Type ($ billion)
Exhibit 40: Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by Application
7.1 Market segments
Exhibit 41: Chart on Application – Market share 2022-2027 (%)
Exhibit 42: Data Table on Application – Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 43: Chart on Comparison by Application
Exhibit 44: Data Table on Comparison by Application
7.3 Meat fish and seafood sector – Market size and forecast 2022-2027
Exhibit 45: Chart on Meat fish and seafood sector – Market size and forecast 2022-2027 ($ billion)
Exhibit 46: Data Table on Meat fish and seafood sector – Market size and forecast 2022-2027 ($ billion)
Exhibit 47: Chart on Meat fish and seafood sector – Year-over-year growth 2022-2027 (%)
Exhibit 48: Data Table on Meat fish and seafood sector – Year-over-year growth 2022-2027 (%)
7.4 Dairy and frozen desserts sector – Market size and forecast 2022-2027
Exhibit 49: Chart on Dairy and frozen desserts sector – Market size and forecast 2022-2027 ($ billion)
Exhibit 50: Data Table on Dairy and frozen desserts sector – Market size and forecast 2022-2027 ($ billion)
Exhibit 51: Chart on Dairy and frozen desserts sector – Year-over-year growth 2022-2027 (%)
Exhibit 52: Data Table on Dairy and frozen desserts sector – Year-over-year growth 2022-2027 (%)
7.5 Fruits and vegetables sector – Market size and forecast 2022-2027
Exhibit 53: Chart on Fruits and vegetables sector – Market size and forecast 2022-2027 ($ billion)
Exhibit 54: Data Table on Fruits and vegetables sector – Market size and forecast 2022-2027 ($ billion)
Exhibit 55: Chart on Fruits and vegetables sector – Year-over-year growth 2022-2027 (%)
Exhibit 56: Data Table on Fruits and vegetables sector – Year-over-year growth 2022-2027 (%)
7.6 Healthcare sector – Market size and forecast 2022-2027
Exhibit 57: Chart on Healthcare sector – Market size and forecast 2022-2027 ($ billion)
Exhibit 58: Data Table on Healthcare sector – Market size and forecast 2022-2027 ($ billion)
Exhibit 59: Chart on Healthcare sector – Year-over-year growth 2022-2027 (%)
Exhibit 60: Data Table on Healthcare sector – Year-over-year growth 2022-2027 (%)
7.7 Bakery and confectionery sector – Market size and forecast 2022-2027
Exhibit 61: Chart on Bakery and confectionery sector – Market size and forecast 2022-2027 ($ billion)
Exhibit 62: Data Table on Bakery and confectionery sector – Market size and forecast 2022-2027 ($ billion)
Exhibit 63: Chart on Bakery and confectionery sector – Year-over-year growth 2022-2027 (%)
Exhibit 64: Data Table on Bakery and confectionery sector – Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by Application
Exhibit 65: Market opportunity by Application ($ billion)
Exhibit 66: Data Table on Market opportunity by Application ($ billion)
8 Market Segmentation by Product Type
8.1 Market segments
Exhibit 67: Chart on Product Type – Market share 2022-2027 (%)
Exhibit 68: Data Table on Product Type – Market share 2022-2027 (%)
8.2 Comparison by Product Type
Exhibit 69: Chart on Comparison by Product Type
Exhibit 70: Data Table on Comparison by Product Type
8.3 Chilled – Market size and forecast 2022-2027
Exhibit 71: Chart on Chilled – Market size and forecast 2022-2027 ($ billion)
Exhibit 72: Data Table on Chilled – Market size and forecast 2022-2027 ($ billion)
Exhibit 73: Chart on Chilled – Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on Chilled – Year-over-year growth 2022-2027 (%)
8.4 Frozen – Market size and forecast 2022-2027
Exhibit 75: Chart on Frozen – Market size and forecast 2022-2027 ($ billion)
Exhibit 76: Data Table on Frozen – Market size and forecast 2022-2027 ($ billion)
Exhibit 77: Chart on Frozen – Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Frozen – Year-over-year growth 2022-2027 (%)
8.5 Market opportunity by Product Type
Exhibit 79: Market opportunity by Product Type ($ billion)
Exhibit 80: Data Table on Market opportunity by Product Type ($ billion)
9 Customer Landscape
9.1 Customer landscape overview
Exhibit 81: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 82: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 83: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 84: Overview on factors of disruption
11.4 Industry risks
Exhibit 85: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 86: Vendors covered
12.2 Market positioning of vendors
Exhibit 87: Matrix on vendor position and classification
12.3 Americold Realty Trust Inc.
Exhibit 88: Americold Realty Trust Inc. – Overview
Exhibit 89: Americold Realty Trust Inc. – Business segments
Exhibit 90: Americold Realty Trust Inc. – Key offerings
Exhibit 91: Americold Realty Trust Inc. – Segment focus
12.4 Arcticold Food Ltd.
Exhibit 92: Arcticold Food Ltd. – Overview
Exhibit 93: Arcticold Food Ltd. – Product / Service
Exhibit 94: Arcticold Food Ltd. – Key offerings
12.5 Beijing Shounong Food Group Co. Ltd.
Exhibit 95: Beijing Shounong Food Group Co. Ltd. – Overview
Exhibit 96: Beijing Shounong Food Group Co. Ltd. – Product / Service
Exhibit 97: Beijing Shounong Food Group Co. Ltd. – Key offerings
12.6 CJ Logistics Corp.
Exhibit 98: CJ Logistics Corp. – Overview
Exhibit 99: CJ Logistics Corp. – Product / Service
Exhibit 100: CJ Logistics Corp. – Key offerings
12.7 Deutsche Post AG
Exhibit 101: Deutsche Post AG – Overview
Exhibit 102: Deutsche Post AG – Business segments
Exhibit 103: Deutsche Post AG – Key news
Exhibit 104: Deutsche Post AG – Key offerings
Exhibit 105: Deutsche Post AG – Segment focus
12.8 Global Cold Chain Alliance
Exhibit 106: Global Cold Chain Alliance – Overview
Exhibit 107: Global Cold Chain Alliance – Product / Service
Exhibit 108: Global Cold Chain Alliance – Key offerings
12.9 JD.COM
Exhibit 109: JD.COM – Overview
Exhibit 110: JD.COM – Product / Service
Exhibit 111: JD.COM – Key offerings
12.10 Jin Jiang International Holdings Co. Ltd.
Exhibit 112: Jin Jiang International Holdings Co. Ltd. – Overview
Exhibit 113: Jin Jiang International Holdings Co. Ltd. – Product / Service
Exhibit 114: Jin Jiang International Holdings Co. Ltd. – Key offerings
12.11 John Swire and Sons Ltd.
Exhibit 115: John Swire and Sons Ltd. – Overview
Exhibit 116: John Swire and Sons Ltd. – Business segments
Exhibit 117: John Swire and Sons Ltd. – Key offerings
Exhibit 118: John Swire and Sons Ltd. – Segment focus
12.12 Nichirei Corp.
Exhibit 119: Nichirei Corp. – Overview
Exhibit 120: Nichirei Corp. – Business segments
Exhibit 121: Nichirei Corp. – Key offerings
Exhibit 122: Nichirei Corp. – Segment focus
12.13 S.F. Holding Co. Ltd.
Exhibit 123: S.F. Holding Co. Ltd. – Overview
Exhibit 124: S.F. Holding Co. Ltd. – Product / Service
Exhibit 125: S.F. Holding Co. Ltd. – Key offerings
12.14 Shandong Gaishi International Logistics Group
Exhibit 126: Shandong Gaishi International Logistics Group – Overview
Exhibit 127: Shandong Gaishi International Logistics Group – Product / Service
Exhibit 128: Shandong Gaishi International Logistics Group – Key offerings
12.15 Shanghai Speed International Logistics Co. Ltd.
Exhibit 129: Shanghai Speed International Logistics Co. Ltd. – Overview
Exhibit 130: Shanghai Speed International Logistics Co. Ltd. – Product / Service
Exhibit 131: Shanghai Speed International Logistics Co. Ltd. – Key offerings
12.16 Shanghai Tengyi Boshi International Freight Forwarding Co. Ltd.
Exhibit 132: Shanghai Tengyi Boshi International Freight Forwarding Co. Ltd. – Overview
Exhibit 133: Shanghai Tengyi Boshi International Freight Forwarding Co. Ltd. – Product / Service
Exhibit 134: Shanghai Tengyi Boshi International Freight Forwarding Co. Ltd. – Key offerings
12.17 Sinotrans Ltd.
Exhibit 135: Sinotrans Ltd. – Overview
Exhibit 136: Sinotrans Ltd. – Business segments
Exhibit 137: Sinotrans Ltd. – Key offerings
Exhibit 138: Sinotrans Ltd. – Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 139: Inclusions checklist
Exhibit 140: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 141: Currency conversion rates for US$
13.4 Research methodology
Exhibit 142: Research methodology
Exhibit 143: Validation techniques employed for market sizing
Exhibit 144: Information sources
13.5 List of abbreviations
Exhibit 145: List of abbreviations
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