Market Size of China Cold Chain Logistics Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 85.82 Billion |
Market Size (2029) | USD 138.66 Billion |
CAGR (2024 - 2029) | 10.07 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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China Cold Chain Logistics Market Analysis
The China Cold Chain Logistics Market size is estimated at USD 85.82 billion in 2024, and is expected to reach USD 138.66 billion by 2029, growing at a CAGR of 10.07% during the forecast period (2024-2029).
China has a huge consumer population for agricultural products and currently accounts for about 60% of the world's total vegetable production, 30% of fruit and meat production, and 40% of eggs and aquatic products. With the increase in the disposable income of the middle class and upper-middle-class in the country, people are willing to spend for and pay more attention to the various diversity of fresh agricultural products, food safety and the quality of fresh agricultural products. In order to fulfil the demand, the market is actively embracing the cold chain solutions for their operational activities.