China Logistics and Warehousing Market Size- By Mode of Service, By Type of Load, By Business Model, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
China Logistics and Warehousing Market Overview
According to SPER Market Research, the China Logistics and Warehousing Market is estimated to reach USD xx billion by 2032 with a CAGR of xx%. Due to the country's developing industrial and retail sectors, rising disposable income, expanding number of investments, and rising value of exports and imports, it was noticed that the Chinese logistics market was in a boom stage at this time. On the basis of revenue, the China Logistics Industry has had low single digit CAGR growth.
Impact of COVID-19 on the China Logistics and Warehousing MarketLogistics firms, which are engaged in the movement, storage, and transfer of goods, have been directly impacted by the COVID-19 outbreak. As a crucial link in value chains that extend both locally and internationally, logistics companies help businesses reach their customers and facilitate trade and commerce. Increased industrial activity, growing foreign investment, initiatives to promote exports, and the influx of international companies.
Scope of the Report:Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Mode of Service, By Type of Load, By Business Model, By End User
Regions covered East China, Middle China, North China, Northeast China, Northwest China, South China, Southwest China.
Companies Covered Aneng Logistics, Changa Minsheng APLL Logistics, China Logistics Property Holdings, COSCO SHIPPING Logistics, DCH Holdings Ltd., Deppon Logistics.
China Logistics and Warehousing Market Segmentation:By Business Model: Based on the Business Model, China Logistics and Warehousing Market is segmented as; Cold Storage, Grain Storage, IFS/ICD, Industrial Retail.
By Region: The freight forwarding market will continue to dominate China's logistics industry. The government has launched several projects to upgrade the country's infrastructure, which will support the logistics industry's growth in the upcoming years.