Cargo Handling in China - Industry Market Research Report

Revenue for the Cargo Handling industry is expected to grow an annualized 0.1% over the five years through 2023, to total $18.0 billion. In 2023, as the Chinese government liberalizes its control over the COVID-19 pandemic, the domestic market will resume growth. Additionally, the total domestic freight volume is expected to increase 4.2% in 2023. The downstream manufacturing and construction sectors were seriously affected by the COVID-19 outbreak in the first half of 2020, pushing down industry revenue. Establishments in Cargo Handling in China provide cargo handling service in harbors, airports, train stations and warehouses independently, as well as road transportation, construction and other clients with needs for professional cargo handling services. However, cargo handling establishments associated with warehouses, harbors, airports and train stations as well as cargo handling services exclusively for loading and unloading ships, aircrafts and trains are excluded from this industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.