Market Overview: China Cold Chain Logistics Industry Research Report, 2014-2017

The Report China Cold Chain Logistics Industry Report, 2014-2017 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. -


Albany, NY -- (SBWIRE) -- 01/07/2015 -- Since Cold Chain Logistics Development Plan of Agricultural Products was introduced in 2010, China cold chain logistics industry has entered an unprecedented rapid development stage. In October 2014, the State Council issued Medium and Long-term Development Plan of Logistics Industry (2014-2020) to boost the cold chain logistics industry toward large scale, standardization and modernization.

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China cold chain logistics industry is divided into two sectors: refrigeration and transportation. In the refrigeration field, Refrigerator Branch of China Warehousing Association released that China's cold storage capacity increased by 9.68% year on year to 83.45 million cubic meters in 2013, fulfilling the goals stipulated by Cold Chain Logistics Development Plan of Agricultural Products ahead of schedule. In 2014, China's cold storage building developed steadily with the cold storage capacity of 88.42 million cubic meters.

In the competitive cold chain logistics industry, cold chain distribution and storage centers provide refrigeration services for local agricultural markets; cold chain enterprises build cold storage according to their market layout, for example, Yurun will set up 15 agricultural product cold chain parks in 2015 in accordance with its "333" plan; the professional cold storage operator Swire intends to accomplish 13 large modern cold storage facilities so as to create a nationwide cold chain network by the end of 2020.

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As for cold chain transport, the issuance of "Twelfth Five-Year" Cold Chain Plan promoted the size of Chinese refrigerated truck market substantially. China's output of refrigerated and insulated vehicles jumped 13.8% year on year to 7,063 in 2012 and soared 88.5% year on year to 13,315 in 2013. The growth was attributed to two reasons. First, the cold chain distribution scale expanded constantly, some areas even adopted compulsory cold chain distribution measures. Second, China upgraded emissions standards (from the national emissions standards ? to the national emissions standards ?) for heavy-duty trucks, so manufacturers raised the number of registered certificates for the vehicle models complying with the national emissions standards ? in advance to reduce production costs.

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47 qualified companies have participated in the competition for refrigerated trucks. Among the top players including CIMC (Shandong), Zhengzhou Hongyu, Henan Bingxiong, Henan Frestec, Zhenjiang Speed Auto and KF Mobile, CIMC (Shandong) occupies the Shandong market, and seizes market share in Guangdong, Zhejiang, Hubei and other places; Henan Bingxiong performs outstandingly in Northeast China, Shanxi and Inner Mongolia; Zhenjiang Speed Auto and KF Mobile focus on East China and dominate the East refrigerated truck market. Zhengzhou Hongyu not only takes a favorable position via giants such as Shuanghui, Yurun, Topin, Sanquan and Synear in Henan, but also makes some achievements in Beijing, Hebei, Ningxia, Jiangsu and other markets.

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