The Billion-Dollar Market, Policy Support, Jingrui Smart Fully Supports the Development of the Cold Chain Logistics Industry
As the global economy continues to integrate, consumers are becoming increasingly demanding when it comes to food safety and freshness. Cold chain logistics, a critical link in ensuring the high-quality distribution of fresh foods and pharmaceutical products, has a bright future ahead. Standing at the beginning of 2024, it is essential to deeply analyze and forecast the current situation and future trends in cold chain logistics.
In recent years, with the steady advancement of the construction of national backbone cold chain logistics bases and cold chain facilities in production and sales areas, the level of cold chain equipment has significantly improved, leading to rapid growth in China's cold chain logistics market. The market size grew from 288.6 billion RMB in 2018 to 491.6 billion RMB in 2022, with an average annual compound growth rate of 14.24%. According to the latest statistics from the China Federation of Logistics and Purchasing, the market size of China's cold chain logistics reached 239.5 billion RMB from January to May 2023, a year-on-year increase of 3.6%.
As a comprehensive solution provider for cold chain temperature monitoring, Guangzhou Jingrui Intelligent accelerated its nationwide market layout over the past year, successfully implementing projects in multiple provinces and cities, including Shanghai, Guangdong, Hunan, and Guangxi. At the same time, Jingrui Intelligent has established extensive cooperative relationships with high-quality clients in various fields, including supply chain services, fresh food e-commerce, pharmaceutical cold chain, FMCG, and retail.
With the rapid development of new-generation information technologies such as IoT, big data, and artificial intelligence, the cold chain logistics industry is ushering in a new opportunity for intelligent upgrades. Through IoT technology, Guangzhou Jingrui Intelligent achieves real-time monitoring of key indicators such as temperature and humidity during cargo transportation, ensuring that goods are always in optimal storage conditions. Big data technology helps enterprises accurately predict market demand, optimize inventory management and distribution routes, and reduce operating costs. The application of artificial intelligence in cold chain warehousing, sorting, and distribution has achieved automation and intelligence, significantly improving operational efficiency.
In addition, as people's quality of life improves and consumption structure upgrades, the market demand for cold chain goods such as fresh food and pharmaceutical products will continue to grow. Especially driven by new business models such as e-commerce and new retail, the cold chain logistics market will have a broader development space. Looking ahead, Guangzhou Jingrui Intelligent will continue to innovate cold chain solutions, improve service quality to meet the diverse needs of the market, and lead the cold chain logistics industry toward a brighter future.
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