Please Wait.....
Report
China Automotive Logistics - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029
Market Report I 2024-02-17 I 150 Pages I Mordor Intelligence
The China Automotive Logistics Market size is estimated at USD 52.58 billion in 2024, and is expected to reach USD 70.22 billion by 2029, growing at a CAGR of 5.96% during the forecast period (2024-2029).
The COVID-19 pandemic brought significant changes in the automotive industry in China. Preliminary data from the China Passenger Car Association (CPCA) finds that passenger car sales dipped 80% during the pandemic. This negatively impacted the automotive logistics market. However, the Chinese government has taken steps to bounce back automobile consumption. These steps include providing fiscal and taxation support, speeding up the elimination of obsolete diesel trucks, and optimizing second-hand vehicle trading channels. Such initiatives will keep the market afloat.
China continues to be the world's largest vehicle market by both annual sales and manufacturing output, with domestic production expected to reach 35 million vehicles by 2025. In addition, Chinese automobile sales overseas have witnessed significant growth over the years, supported by surging global interest in electric vehicles, further creating the opportunity for China to emerge as the leading global supplier, surpassing Japan. Also, Chinese automobiles carry a competitive advantage in overseas markets. For instance, in the United Kingdom, the Volkswagen ID.3 has a starting price of more than USD 47,600, whereas the China brand MG 4 is SAIC's latest compact electric car, with a starting price of less than USD 34,700, which further results in sales growth across other regions. This growing automotive sector, increasing vehicle sales, and exports are expected to drive the country's automotive logistics market.
China Automotive Logistics Market Trends
Chinese Investment in NEVs (New Energy Vehicles) Driving the Market Growth
In Q1 2023, China surpassed Japan to become the world's largest exporter of automobiles. In addition, the outbreak of war in Russia further fueled the exports of automobiles from China. Official Chinese statistics reveal that China's exports of automobiles and automobile parts to Russia more than doubled in the first four months of 2023, compared to the previous year, amounting to USD 6.1 billion. In addition, according to China's Association of Automobile Manufacturers (CAAM) data, Russia was the largest destination for China's automotive exports in the last quarter. A significant portion of automobile exports in China consists of new energy vehicles, primarily electric vehicles (EVs). In Q1 2023, China emerged as the world's largest exporter of electric cars. As per the International Energy Agency (IEA), approximately 35% of globally exported electric vehicles in 2022 originated from China, when compared to 25% in 2021.
In addition, as per CAAM data, in Q1 2023, China exported more than 335,000 new energy passenger vehicles (including plug-in hybrid electric vehicles), more than double the figure for the same period in 2022. In addition, the volume of new energy passenger vehicles accounted for around 30% of its total passenger vehicle exports from Q1 2023. Despite limited visibility across developed nations, China emerged as a potential electric vehicle manufacturer, which was supported by policies and the active participation of Chinese companies in recent years. Moreover, in April 2023, a Chinese NEV startup shipped a cargo of 3,600 new energy vehicles to Southeast Asia from Nansha Port in Guangzhou, Guangdong province. Thus, the growing new energy vehicles market and exports further create demand for automotive logistics services in the country.
Increasing Vehicle Exports from China Fuelling the Demand in the Market
China has emerged as the world's factory in the process of participating in globalization activities. In 2023, China's automotive exports witnessed consistent growth. In addition, as per the China Association of Automobile Manufacturers (CAAM) data, in 2022, China exported more than 3.1 million vehicles, and in Q1 2023, the country's exported reached 1.07 million vehicles, up by more than 58%, when compared to the same period in 2022. Chinese automotive manufacturers are gaining traction across international markets by enhancing their technology, design, and manufacturing processes. However, political risks and regulatory challenges remain a concern for Chinese manufacturers as they navigate different markets worldwide.
Meanwhile, in 2022, SAIC Motor ranked first among the vehicle exporters in the country by exporting more than 850,000 vehicles, followed by Chery, Tesla, Changan, etc. Mexico is the top export destination for China's automotive market. General Motors vehicles are one the major exporters of vehicles to Mexico from China. The growing General Motors vehicles supply to Mexico and Tesla shipping, as well as more models from its Shanghai plant to Canada, has resulted in increased market share of China's automotive suppliers in North America. This consistent growth in automotive exports from China results in the increasing demand for automotive logistics services, driving the market growth.
China Automotive Logistics Industry Overview
The Chinese automotive logistics market is highly fragmented and competitive, with the presence of several local automotive logistics companies in the country apart from international firms. International players like DHL and Nippon Express compete with local players like SAIC Anji Logistics and Yusen Logistics.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Current Market Scenario
4.2 Market Drivers
4.2.1 Growing New Energy Vehicles Sales
4.3 Market Restraints
4.3.1 Trade War between China and the United States
4.4 Market Opportunities
4.4.1 Supply Chain Digitalization
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Industry Value Chain Analysis
4.7 Government Regulations and Initiatives
4.8 Overview of China's Automotive Industry (Overview, Development and Trends, Statistics, etc.)
4.9 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Finished Vehicle
5.1.2 Auto Component
5.2 By Service
5.2.1 Transportation
5.2.2 Warehousing, Distribution, and Inventory Management
5.2.3 Other Services
6 COMPETITIVE LANDSCAPE
6.1 Overview (Market Concentration Analysis and Major Player)
6.2 Company Profiles
6.2.1 China Ocean Shipping (Group) Company
6.2.2 SAIC Anji Logistics
6.2.3 BLG Logistics
6.2.4 HYCX Group
6.2.5 Yusen Logistics Co. Ltd
6.2.6 DHL
6.2.7 Nippon Express
6.2.8 GEODIS
6.2.9 Sinotrans Co. Ltd
6.2.10 UPS
6.2.11 Apex Group*
7 FUTURE OF THE MARKET
8 APPENDIX
8.1 Macroeconomic Indicators (GDP Distribution by Activity, Transport and Storage Sector-contribution to Economy, etc.)
8.2 Trade Statistics: Imports and Exports
8.3 External Trade Statistics related to the Automotive Sector
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security