Navi Mumbai, Maharashtra India (PressExposure) June 16, 2011 -- The economic value generated by logistics industry in China has been witnessing phenomenal growth, driven by rapid economic growth and manufacturing-based economy. On the back of rising industrial base, growing demand from consumers and enterprises, China logistics industry reached up to an estimated value of around CNY 105 Trillion (US$ 15.75 Trillion) during 2010, which is considerably higher than other fastest growing economies. The current market status in the country offers huge growth opportunities for both international and domestic players.
In recent years, both the government and industry players have incorporated measures to attract investments and improve the performance level. The liberal economic approach adopted in policy measures along with increasing demand for goods and domestic market has resulted in exponential growth patterns for the industry. The large geographical spread and concentration of production bases across the country have resulted in high opportunity level for small and large logistics services providers in the country. The recent government initiatives to frame industry specific policy and regulatory framework present favorable outlook for the Chinese logistics industry.
Ongoing analysis found that, the Chinese logistics enterprises are increasingly shifting towards green logistics, with the growing awareness of global environment concern. Additionally, outsourcing logistics facilities are gaining importance due to the growing demand for high tech logistics facilities. These trends are expected to grow in the coming years on the back of huge untapped opportunities in both the sectors. Besides, rising investments for transportation infrastructural development are emerging as one of the major driving factor for the Chinese logistics industry.
"Chinese Logistics Market Forecast to 2012" provides extensive research and rational analysis of the Chinese logistics industry along with brief overview of the key players operating in the industry. Our research findings will definitely help consultants, industry analysts, and vendors to get in-depth knowledge of the current, past, and future performance of the industry.
Forecasts presented in the report are based on the correlation between past market trends, statistical analysis, and industry drivers and provides a direction to clients, in which the industry is likely to move. It will also help clients in identifying hidden growth opportunities in the Chinese logistics industry.
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