The cold chain market in Asia is set to explode in the short and medium term with 40-50% growth rates over the next two years, due to demand for perishable goods, increasing wealth distribution and the development of e-commerce.
Rising middle class incomes in Asia result in increasing demand and are providing new opportunities for the cold chain logistics sector, covering all stages between production and consumption.
However there is a big ‘but’. At least 30 percent of temperature sensitive cargoes are being wasted and have to be destroyed due to insufficient infrastructure, differences in culture and communication problems.
Due to poor handling in the process of transportation, storage and retailing, losses in China alone are estimated to be in the region of RMB100 billion (USD16 billion).
There is a critical need for a better dialogue between the logistics sector and perishable producers, exporters and importers. Without greater open-mindedness and mutual trust on both sides this will not work: customers need more effective and reliable solutions and the logistics sector needs to be able to maintain and create better value. How can this be achieved?
For a start food safety needs to be improved and the creation of world-class delivery standards already established in Europe, the US and some other Asia countries, such as Japan, will need to be adopted across Asia.
The event was held by
Global Produce Events GmbH, organiser of ASIA FRUIT LOGISTICA, the leading international trade exhibition for the fresh produce sector in Asia. www.gp-events.com
In cooperation with
Cool Logistics Resources Ltd, organiser of annual conferences on perishables logistics: Cool Logistics Global, Cool Logistics Africa and Cool Logistics Americas. As such, CLR has proven expertise in the perishable logistics business, especially in conferences for the cold chain sector. www.coollogisticsresources.com