DUBLIN--(BUSINESS WIRE)--The "Third-Party Logistics Market in China 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The Third-Party Logistics Market in China to grow at a CAGR of 6.74% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The use of blockchain to improve traceability in logistics will be a key trend driving the market growth. A blockchain system is a chain of cryptographically protected records that enable multiple users to access or add data to the chain without modifying the existing data. The use of a blockchain removes the need for a central authority for maintaining records.
According to the report, the rising e-commerce growth will drive the market growth. The B2C e-commerce sales in China will register around USD 1 trillion and will grow at a CAGR of 10%-15%. By 2022. E-commerce firms are investing in logistics development to attain advantage and competitive advantage in the growing e-commerce market in China.
Further, the report states that the high logistics costs will impact the market growth. Developing countries such as China witness high logistics costs owing to the lack of proper infrastructure. The high cost of tolls persuade the logistics players to utilize slow and low-cost local networks that offer limited efficiency. The majority of Chinese highways have tolls, that add to the total cost of logistics operations.
Key vendors
- Ceva Logistics
- CMA CGM
- Cosco Shipping Holdings
- SF Express
- Sinotrans&CSC
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Type of Service
8. Market Segmentation by End-User
9. Customer Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/tm6rv4/thirdparty?w=4