The 2th International Coldchain, Logisitics & Warehousing Technology Exhibition
Logistics Is Key To Every Process
Logistics is playing an important role in every industry and covering all activities throughout the supply chain, including order processing, purchasing, packaging, product handling, storage, transportation, information flow, and customer service. Globalization and a growing world population are driving factors as the logistics industry works to keep up with changing consumer behavior and the demand for products everywhere. The Coldchain,Logistics&WarehousingAsia zone at ProPak Asia, taking place from 13-16 June 2018 will be the sourcing platform for your business solution.
Logistics is a fast-growing and highly competitive market. Its market value was at USD 8.2 trillion in 2015 and is expected to reach USD 15.5 trillion by 2023. The market volume will grow with a CAGR of 6.0% from 54.7 billion tonnes in 2015 to 92.1 billion tonnes in 2024. Asia alone holds a 46.6% share of the total logistics market revenue with a projected CAGR of 7.33% through 2021.
Cold chain is growing continuously with government support for infrastructure, as logistics management needs cold chain to meet consumer demands, especially with the expansion of perishable food product trading. The cold chain market has been focusing on waste reduction from perishable products and is expected to reach USD 271 billion with a CAGR of 7.0% by 2022. Cold chain service providers have invested in technology to ensure high product quality and safety. Don’t miss the Coldchain,Logistic&WarehousingAsia zone and demonstrating the technology available to ensure high efficiency.
It is important to meet the needs of the industry as customers shift to adopt a more digital focus Technological solutions for the logistics industry will be present at Coldchain,Logistics&WarehousingAsia at ProPak Asia. The event will be held from 13 to 16 June at BITEC, Bangna and will feature various technologies for logistics, cold chain and warehousing from leading companies.