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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