According to our research report, 'Chinese Logistics Market Forecast to 2012', Chinese Logistics sector has been witnessing consistent growth on the back of a decade long economic growth, and manufacturing centered economy. The emergence of domestic market, rising demand of industrial and consumer goods and large geographical spread have also resulted in development of logistic services mechanism in recent years. Moreover, increase in foreign player base in the country has also been contributing towards the growth momentum of the industry. It is expected that the logistics market in China will surge at a CAGR of 9% during 2011-2013.
Our ongoing analysis revealed that many international players are expanding their business reach in the country. They are considering the prospects held by the market and are continuing their expansion at an accelerated pace. Companies, including UPS, DHL, and FedEx are reallocating their production base from other regions to Chinese boundary. We expect that with booming consumer demand from various regions and demographical segments, the investment from international players will continue to surge in the years to come.
Further, increasing manufacturing activities and changing operating strategies of the companies will result in increasing usage of 3PL services in China. In our opinion, increasing focus on core activities by manufacturing sector coupled with improvement in logistic infrastructure and greater role of technology will push the penetration of 3PL services up in China.
'Chinese Logistics Market Forecast to 2012', provides extensive research and rational analysis on the Chinese logistics industry along with a brief overview of the key players operating in the industry. Our research findings will definitely help consultants, industry analysts, and vendors to achieve an in-depth knowledge of the current, past, and future trends in the industry.
The forecast presented in the report are based on a correlation between past market trends, statistical analysis, and industry drivers and gives a direction to clients in which the industry is likely to move. It will also help clients in identifying opportunities to tap in the Chinese logistics industry.
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