Four major trends in future cold chain logistics

According to relevant statistics, the size of China’s cold chain logistics market reached 255 billion yuan in 2017 and 303.5 billion yuan in 2018. Total demand for cold chain logistics in China reached 147 million metric tons in 2017 and 180 million metric tons in 2018. The data indicates that both the market size and total demand for cold chain logistics have maintained a high growth rate.

As per capita income continues to rise in China, awareness of food quality and safety has gradually increased. People’s mindset has shifted from the traditional focus on simply having enough to eat to eating well and eating healthily. This shift in mindset has placed higher demands on the safety and freshness of agricultural products, seafood, dairy products, and other foods, thereby further driving the growth of the cold-chain logistics industry.

It is projected that China’s cold-chain logistics market will reach 469.8 billion yuan in 2020, with total demand for cold-chain logistics reaching 240 million metric tons that year. Given the massive market size and potential demand, the cold-chain logistics sector is poised for explosive growth.