Market Overview

Third-party Logistics Market in China 2018-2022 | Use of Blockchain to Improve Traceability Drives Growth | Technavio

Share:

The third-party logistics market in China is expected to post a CAGR of
close to 7% during the period 2018-2022, according to the latest market
research report by Technavio.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180801005740/en/

Technavio has published a new market research report on the third-party logistics market in China fr ...

Technavio has published a new market research report on the third-party logistics market in China from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the rising e-commerce
market. The e-commerce market in China is one of the largest e-commerce
markets in the world and is growing at a higher rate than most countries
in the world. The B2C e-commerce sales in China are expected to reach
around USD 1 trillion by 2022, growing at a CAGR of around 10-15% during
the forecast period.

This market research report on the third-party
logistics market in China 2018-2022
also provides an analysis of
the most important trends expected to impact the market outlook during
the forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the use of blockchain to improve
traceability in logistics as one of the key emerging trends in the
third-party logistics market in China:

Third-party logistics market in China: Use of
blockchain to improve traceability in logistics

A blockchain is a sequential series of information and has records of
events that cannot be altered or tampered with. In other words, a
blockchain system is a chain of cryptographically protected records.
Multiple users can access or add data to the chain without being able to
change or delete the information that is already present. The use of
blockchain removes the need for a central authority to maintain records.

"There are several advantages of using the blockchain technology in a
supply chain. Blockchain technology increases security, reduces fraud,
automates data flow, improves traceability and trackability, reduces
paperwork, and increases transparency. The use of blockchain technology
is gaining popularity in China,"
says a senior analyst at Technavio
for research on logistics.

Third-party logistics market in China:
Segmentation analysis

This market research report segments the third-party logistics market in
China by type of service including, transportation, warehousing and
distribution, and value-added services. The report also offers an
up-to-date analysis of the market concerning the current market
scenario, latest trends and drivers, and the overall global environment.

The transportation segment held the largest market share in 2017,
accounting for nearly 50% of the market. This segment is expected to
dominate the global market throughout the forecast period.

Looking for more information on this market? Request
a free sample report

Technavio's sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio's comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

View Comments and Join the Discussion!