The 3rd 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. Its market value will grow by over USD 357 billion from 2017 to 2022 with a CAGR of over 7%. Asia Pacific alone held a 37% share of the total logistics market in 2017.
Cold chain is also growing continuously as logistics management needs it to meet consumer demands, especially with the expansion of perishable food product trading. The cold chain market was valued at USD 189.92 billion in 2017 and is expected to reach USD 293.27 billion with a CAGR of 7.6% by 2023. Storage is another important activity in the logistics system. The warehousing and storage market is forecasted to grow at a CAGR of 6% during the period of 2018-2022.
It is important to meet the needs of the industry as customers shift to adopt more digital focus. Industry professionals will be able to learn technological solutions for the logistics industry at Coldchain,Logistics&WarehousingAsia Zone at ProPak Asia.