Publisher recognizes the following
companies as the key players in the Cold Chain Market in China: China Merchants
Americold, S.F. Express, Shanghai Jiaoyun Rihong International Logistics Co.
Ltd. and SINOTRANS Shanghai Cold Chain Logistics Co. Ltd.
Other Prominent Vendors in the market
are: Guizhou Zhiji Logistics, ITOCHU LOGISTICS, Shanghai Hengfu Logistic,
Shanghai Zhengming Modern Logistics, Swire and World Courier.
Commenting on the report, an analyst
from Publisher’s team said: “Increase in M&A is one major trend emerging in
the market that will enable companies to expand their global customer base and
their portfolio of products, solutions, and services. Vendors in this market
are opting for the M&A route to increase their global presence and expand
their product portfolio as well as achieve economies of scale in various SCM
processes.”
According to the report, one of the main
drivers of the Cold Chain market in China is the developing market for chilled
and frozen food in China. The food consumption pattern of the people has
witnessed a change and they are now more inclined toward convenience food,
which requires efficient logistics services.
Further, the report states that the
capital-intensive nature of the Cold Chain market in China is one of the major
challenges hindering its growth. The management maintenance of cold chain
logistics services requires significant amount of capital to meet the
expenditure incurred in the business, thus leading to an increase in CAPEX for
vendors in the market.
The study was conducted using an
objective combination of primary and secondary information including inputs
from key participants in the industry. The report contains a comprehensive
market and vendor landscape in addition to a SWOT analysis of the key vendors.
For
further information on this report, please visit- http://mrr.cm/4wt
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