China cold chain industry expected to boom
By the end of 2014, China had a freezer capacity of about 120 million cubic meters and less than 60, 00 refrigerator vehicles, lagging far behind developed countries in per capital terms.
As a high-end sub-industry of logistics, cold chain logistics will become the focus of many investors in the next few years. As e-business develops in China, e-business enterprises operating fresh food are springing up and the supporting cold chain infrastructure. Many e-business companies in China have got into the field of fresh food, for example, large e-business enterprises like Tmall and JD have published their own fresh food strategy. Besides, logistics enterprises like SF Best of SF Express are conducting e-business and a bunch of professional fresh food e-business enterprises like Too Too Organic Farm are developing fast too. According to CRI's estimation, the market size of fresh food e-business was about CNY 100-120 billion and CAGR during the period of 2016-2020 will exceed 50%.
Fresh food e-business companies hardly invest cold chain equipment but they indirectly force the construction of cold chain distribution network. Currently, e-business enterprises like JD and Tmall are still weak in cold chain warehouse, logistics delivery system and door to door delivery in particular for they mainly cooperate with a third party, i.e. a cold chain logistics company.
To read more about cold chain logistics in China in a recently published research report by ReportsnReports: http://www.reportsnreports.com/reports/500798-research-report-on-china-cold-chain-logistics-industry-2016-2020.html