Logistic Industry in China set for Tremendous Growth
With growing demand for goods in economy and rise in infrastructural development, Chinese logistics industry will surge at a CAGR of 9% during 2011-2013, RNCOS acknowledged.
- (1888PressRelease) March 10, 2011 - According to our report "Chinese Logistics Market Forecast to 2012", Chinese logistics industry has been witnessing tremendous growth for the past few years driven by decade-long economic growth, dominance in international trade, increasing domestic consumer demand, and manufacturing-centered economy. During 2010, the domestic logistics industry reached to an estimated value of around CNY 105 Trillion (US$ 15.75 Trillion). Further, it is expected that the industry will witness 9% CAGR during 2011-13, on the back of number of factors discussed in the report.
As per our analysis, 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 the increasing demand for goods in domestic market has resulted in exponential growth patterns for the industry. Besides, we have found that, Chinese logistics enterprises are increasingly shifting towards green logistics, with the growing awareness of global environment concern. These trends are expected to grow in near future, on the back of huge untapped opportunities in the sector.
Chinese logistics industry outlook is subject to the sustainable and continued development of the overall Chinese economy as well as the successful expansion of logistics infrastructure. Further, the report also evaluates industry restraints prevailing in the country.
"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. The report also covers investments and freight movement details in different modes of transports. Besides, key developments in major logistics parks and regulatory framework are covered in the report. 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 proceed in future. It will also help clients in identifying hidden growth opportunities in the Chinese logistics industry.
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About RNCOS:
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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