Logistics & Transport

CAGR of China’s Cold Chain Logistics Industry over 20% During 2017-2021

First, the CAGR of cold chain logistics industry will increase by 20% in the next 3 to 5 years, and the demand for cold-chain equipment will maintain steady growth. The three stages in cold-chain equipment industry, namely, “the first kilometer”, “circulation and transportation” and “the last kilometer”, correspond to the pre-cooling equipment, cold storage equipment, refrigerated trucks/refrigerated container transport equipment, and “the last-kilometer equipment” respectively, of which cold storage and refrigerator truck are among the core equipment links. The “first and the last kilometer” links have large potential development space.…

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