Cold chain logistics refers to the temperature-controlled system with an uninterrupted series of storage and distribution activities which maintain a given temperature range. It is used to help extend and ensure the shelf life of products such as fresh agricultural produce, seafood, frozen food, photographic film, chemicals and pharmaceutical drugs.
Primary agricultural produce such as fruit and vegetables rots easily, which increases the operational cost of fresh food retailers, such as supermarkets and stores. The shelf life of products can be more than doubled in a cold chain logistics system that functions well. The loss of fresh food retailers will decrease by 30%-50% if the shelf life of perishable food like fruit and vegetables is prolonged from 1 day to 3 days.
Food spoilage is the major cause of food safety issues and waste of resources. Increasing concern about food safety stimulates the development of cold chain logistics, especially for meat, fruit, vegetables, aquatic products and dairy products. Demand for the cold chain logistics in transport of vegetables, fruit, meat and other processed products increases as Chinese people's life improves.
In 2013, the production volume of meat exceeded 80 million tons while that of vegetables surpassed 0.7 billion tons. The production volume of fruit, dairy products and aquatic products exceeded 0.15 billion tons, 20 million tons and 60 million tons respectively. In addition, a large volume of meat products and frozen food is produced in China. The temperature fluctuation in refrigerated transport is one of the major reasons for the decline in food quality. Cold chain logistics can keep perishable food fresh in transport.
By the end of 2013, the total capacity of cold storages barely reached 20 million cubic meters with less than 40,000 refrigerated vans, far behind developed countries and certain developing countries like India in consideration of the large population.
As a high-end sub-industry of the logistics industry, cold chain logistics will attract much investment in the coming years. The e-commerce enterprises of fresh food spring up as e-commerce develops in China, which remarkably promotes the development of cold chain logistics. The year of 2013 was an important year in the development of fresh food e-commence in China. Several e-commence enterprises set foot in the fresh food field, including certain large-scale e-commerce enterprises like Tmall, JD and Amazon, certain logistics enterprises such as SFbest from SFExpress, and several professional e-commence enterprises for fresh food like Shanghai Yiguo E-commerce Co., Ltd. and TooToo Farm. According to CRI, the market size of fresh food e-commerce was approximately CNY 40-50 billion in China in 2013. The CAGR is estimated to exceed 100% in 2014-2018.
Few e-commerce enterprises of fresh food directly invest in equipment of cold chain logistics due to the high cost. However, rapid growth of the market stimulates the development of the distribution network of cold chain logistics. The home delivery service of e-commerce enterprises like JD and Tmall mostly depends on third-party enterprises of cold chain logistics due to lack mature storage and logistics distribution system. However, the trend for e-commerce enterprises is to establish self-operating cold chain logistics.
Cold chain logistics encompasses home delivery and the main line. The home delivery belongs to express delivery and less-than-truck-load logistics while the main line is related to management of assets supply chain and third-party logistics. The complexity of cold chain logistics results in high entry criteria of the industry. However, cold chain logistics will become the most popular sub-industry in logistics field in 2014-2018 due to the increasing demand and development potential.
The cold chain logistics industry is expected to develop rapidly as demand for commodities like food, medicine and cosmetics increases in China.
1 Overview of Cold Chain Logistics Industry in China
1.1 Concept of Cold Chain Logistics Industry
1.1.2 Constitution of Cold Chain Logistics
1.1.3 Distinguishing Features of Cold Chain Logistics Compared to Ordinary Temperature Logistics
1.2 Development Process of Cold Chain Logistics
1.2.1 Development History of Global Cold Chain Logistics
1.2.2 Development History of Cold Chain Logistics in China
1.3 Analysis of Structure of Logistics Cost
1.3.1 Analysis of Logistics Cost in Different Industries
1.3.2 Analysis of Structure of Logistics Cost
2 Status of Cold Chain Logistics Market in China, 2011-2014
2.1 Development Environment of Cold Chain Logistics in China
2.1.1 Economic and Logistics Environment
2.1.2 Policy Environment
2.2 Supply of Cold Chain Logistics in China
2.2.1 Highway Transport
2.2.2 Railway Transport
2.2.3 Waterway Transport
2.2.4 Air Transport
2.3 Market Demand for Cold Chain Logistics in China
2.3.1 Meat Products
2.3.2 Frozen Food
2.3.3 Dairy Products
2.3.4 Fruit and Vegetables
2.3.5 Aquatic Products
2.3.6 Medicinal Products
2.3.7 Other Industries
3 Analysis of Cold Storage Industry in China, 2011-2014
3.1 Relevant Concepts of Cold Storages
3.2 Status of Cold Storages in China
3.2.1 Scales of Cold Storage
3.2.2 Supply Structure of Cold Storages in China
3.2.3 Operation Modes of Cold Storages
3.2.4 Categories of Products in Cold Storages
3.3 Investment Status of Cold Storages in China, 2011-2014
3.3.2 New Cold Storages
3.3.3 Future Investment Plan
4 Analysis of the Manufacturing Industry of Cold Chain Logistics Equipment in China, 2011-2014
4.1 Competition Pattern of the Industry
4.2 Analysis of Major Enterprises and the Competitive Strength
4.2.1 Yantai Moon Group Co., Ltd.
4.2.2 Dalian Bingshan Group Refrigeration Equipment Co., Ltd.
4.2.3 Shanghai Hanbell Precise Machinery Co., Ltd.
4.2.4 Fujian Snowman Co., Ltd.
5 Market Status of Refrigerated Vans in China, 2011-2014
5.1 Definition and Classification
5.2 Industry Status of Refrigerated Vans in China
5.2.1 Development Process
5.2.2 Refrigerated Van Parc in China
5.2.3 Production Volume of Refrigerated Vans in China
5.2.4 Market Demand for Refrigerated Vans in China
6 Status of Refrigerator Industry in China, 2009-2014
6.1 Supply and Demand
6.1.1 Production Status
6.1.2 Analysis of Demand
6.2 Competition Pattern of Refrigerator Industry in China
6.2.1 Analysis of Competition Features of the Market
6.2.2 Major Enterprises in Competition
7 Prospect of Cold Chain Logistics Industry in China, 2014-2018
7.1 Factors Influencing Development
7.1.1 Government Policies
7.1.2 China Economy
7.2 Forecast on Supply of Cold Chain Logistics in China, 2014-2018
7.2.1 Cold Storages
7.2.2 Equipment of Cold Chain Logistics
7.2.3 Refrigerated Vans
7.3 Forecast on Demand for Cold Chain Logistics in China, 2014-2018
7.3.1 Market Scale
7.3.2 Forecast on Demand in Segmented Markets
7.4 Investment Opportunities in Cold Chain Logistics Industry in China
7.5 Advice on Investment and Development in Cold Chain Logistics Industry in China
Chart Total Expenditure of Logistics in China, 2009-2013
Chart Total Value of Logistics in China, 2009-2013
Chart Government Policies in Cold Chain Logistics Industry in China, 2009-2014
Chart Traffic and Transhipment Volume of Freight Transport on Highway in China, 2001-2013
Chart Traffic Volume of Cold Chain Logistics on Highway in China, 2009-2013
Chart Traffic Volume of Cold Chain Logistics on Railway in China, 2009-2013
Chart Production Volume of Major Meat Products in China, 2009-2013
Chart Production Volume of Frozen Food in China, 2009-2013
Chart Production Volume of Dairy Products in China, 2009-2013
Chart Comparison of Cold Chain Logistics Industries in China and Developed Countries
Chart Total Capacity of Cold Storages in China, 2009-2013
Chart Structure of Cold Storages in China
Chart Certain New Cold Storages in China, 2011-2014
Chart Production Volume of Cold Storages in China, 2009-2014
Chart Forecast on Market Scale of Cold Chain Logistics in China, 2014-2018