China Business Intelligence Network News: Affected by the overseas first-class upgrade and favorable policies in recent years, cross-border e-commerce has shifted from quantitative growth to exponential growth. The vigorous development of cross-border e-commerce has promoted the continuous upgrading of the cross-border logistics market, and the cross-border logistics boom has broad market prospects.
1. Definition of cross-border logistics
Cross-border logistics refers to the planning, implementation and control of the management process for the effective flow and storage of physical objects and information on both sides of the customs border. Combined with the concept and characteristics of cross-border e-commerce and logistics, cross-border e-commerce logistics is defined as: in the e-commerce environment, relying on advanced technologies such as the Internet, big data, informatization and computers, goods flow from cross-border e-commerce enterprises to cross-border consumers across different countries or regions.
Cross-border logistics has the characteristics of diversification, high risk, high knowledge and technical requirements, and high time efficiency requirements, as shown in the figure
Source**: Compiled by China Business Industry Research Institute.
Second, the development policy of the cross-border logistics industry
In recent years, China's cross-border logistics industry has been highly valued by the highest levels and supported by national industrial policies. The state has successively issued a number of policies to encourage the development and innovation of the cross-border logistics industry, such as the Notice on Consolidating the Upward Trend and Strengthening the Industrial Economy, the "14th Five-Year Plan" for the Development of Modern Logistics, and the Implementation Opinions on Accelerating the High-quality Development of Cold Chain Logistics and Transportation. The details are as follows:
Source**: Compiled by China Business Industry Research Institute.
Third, the development status of the cross-border logistics industry
1.The size of the cross-border e-commerce market
In recent years, cross-border e-commerce has become an important engine to support "external circulation", and all parts of the country have also attached great importance to the development of cross-border e-commerce. According to the "2022-2027 China Cross-border E-commerce Market Demand** and Development Trend Prospect Report" released by the China Business Industry Research Institute, the scale of China's cross-border e-commerce market will reach 15 in 20227 trillion yuan, a year-on-year increase of 1056%。According to analysts at the China Business Industry Research Institute**, the transaction size will reach 168 trillion yuan, which will reach 179 trillion yuan.
Data**: Compiled by the Network Economic Society and the China Business Industry Research Institute.
2.Cross-border logistics market size
Benefiting from the continuous growth of cross-border e-commerce demand, the demand for cross-border logistics has also increased. According to the "2023-2028 China Cross-border Logistics Industry Market Prospect and Development Trend Research Report" released by the China Business Industry Research Institute, the cross-border logistics market will reach 236 trillion yuan, a year-on-year increase of 108%。According to the analyst of the China Business Industry Research Institute, the market size will reach 2 in 202352 trillion yuan, which will reach 271 trillion yuan.
Data**: Compiled by China Business Industry Research Institute.
3.Number of cross-border logistics companies
In recent years, the number of cross-border logistics enterprises in China has maintained a steady growth trend. According to the "2022-2027 China Cross-border E-commerce Market Demand** and Development Trend Prospect Report" released by the China Business Industry Research Institute, the number of cross-border logistics enterprises in 2022 will be 146661, a year-on-year increase of 1004%, as of October 2023, there are 156719 in total.
Data**: Compiled by China Business Industry Research Institute.
4.Distribution of cross-border logistics enterprises
Cross-border logistics enterprises are mainly distributed along the coast, of which the number of logistics service enterprises in Guangdong Province, Shanghai Province and Shandong Province accounted for 3049%，13.86% and 1173%, and the sum is more than 50%. Zhejiang Province and Jiangsu Province accounted for 905% and 663%。
Data**: Compiled by China Business Industry Research Institute.
5.Ranking of cross-border logistics companies
According to the "2022 Top 50 Cross-border E-commerce Logistics List" released by the Yunlian Think Tank in 2023. The list shows that the top ten companies are: Zongteng, Sinotrans, Di Sifang, SF International, Yanwen, Hong Kong China Travel Huamao, Cainiao, Wanyi Tong, and Di.
1. Shentong International. The details are shown in the figure:
Source**: Compiled by China Business Industry Research Institute.
Fourth, the key enterprises in the cross-border logistics industry
1.Zongteng
Founded in 2009, Fujian Zongteng Network is positioned as a "global cross-border e-commerce infrastructure service provider", focusing on cross-border warehousing and logistics, providing integrated logistics solutions such as overseas warehousing, commercial dedicated line logistics, and customized logistics for global cross-border e-commerce merchants, export enterprises, and overseas brands.
Since the epidemic in 2020, cross-border e-commerce has played a role in ensuring rapid supply. Although in 2022, cross-border logistics will be affected by the decline in consumer orders, the sharp adjustment of freight rates, and the sharp rise in overseas costs, the revenue of Zongteng Group will still remain high, and the revenue of Zongteng Group will reach 175 in 2022300 million yuan, down 5 percent year-on-year75%。
Data**: Compiled by China Business Industry Research Institute.
The main business of Zongteng Group can be divided into overseas warehouse services, special line logistics services, distribution services, and first-chain financial services, as shown in the figure
Source**: Compiled by China Business Industry Research Institute.
2.Sinotrans
Sinotrans's main business includes three major sectors: professional logistics, related business and e-commerce business. Sinotrans operates through four divisions. The Freight ** segment delivers cargo to designated consignees and provides shipping** services related to freight ** within a specified time limit. The Logistics segment is engaged in the provision of full logistics services.
In the first three quarters of 2023, the operating income was 7277.3 billion yuan, down 985%；The net profit attributable to the parent company was 316.4 billion yuan, down 10 percent year-on-year7%。In 2022, the main business includes professional logistics and e-commerce business, which account for the overall revenue. 91%。
Data**: Compiled by China Business Industry Research Institute.
Data**: Compiled by China Business Industry Research Institute.
3.Hand the Quartet
Founded in 2004, Shenzhen Di Sifang Express is positioned as a comprehensive service provider of global cross-border e-commerce chains. Since its establishment 19 years ago, the company has focused on the development of cross-border e-commerce logistics, with IT technology and big data as the core driving force, through the global warehouse distribution network and terminal delivery network, with innovative and reliable logistics chain services to win the trust of the majority of cross-border e-commerce sellers. In 2022, the operating income of the four parties will reach 109500 million yuan, down 117%。
Data**: Compiled by China Business Industry Research Institute.
The products and services of the four parties can be divided into: global order fulfillment services, global direct delivery services, global reverse logistics services, and diversified B2B services, as shown in the figure
Source**: Compiled by China Business Industry Research Institute.
4.SF International
SF Holding Co., Ltd.***'s main business is comprehensive express logistics services. In the field of international logistics services, SF is committed to providing convenient and reliable international express delivery, logistics, and integrated solutions integrating chain and finance for global manufacturing enterprises, enterprises, cross-border e-commerce and consumers.
In the first three quarters of 2023, the operating income will be 18901.2 billion yuan, down 509%；The net profit attributable to the parent company was 626.4 billion yuan, a year-on-year increase of 4007%。In 2022, the main business includes timeliness express, ** chain, international and express transportation, which account for the overall revenue. 44%。
Data**: Compiled by China Business Industry Research Institute.
Data**: Compiled by China Business Industry Research Institute.
5.Shentong International
Shentong Express Co., Ltd.***'s main business is express delivery services. Founded in 2003, Shentong International Express is a subsidiary of Shentong Group, mainly engaged in international express services. Shentong International is committed to providing professional cross-border logistics chain services for global cross-border e-commerce, and is the exclusive first of Shentong Express in the field of overseas and cross-border logistics.
In the first three quarters of 2023, the operating income was 2933.6 billion yuan, a year-on-year increase of 2184%；Achieved net profit attributable to the parent company of 22.1 billion yuan, a year-on-year increase of 474%。In 2022, the main business includes paid delivery, transit income, and information services, which account for the overall revenue. 85%。
Data**: Compiled by China Business Industry Research Institute.
Data**: Compiled by China Business Industry Research Institute.
Fifth, the development prospects of the cross-border logistics industry
1.The growth of market demand is driving the development of the industry
With the deepening of the globalization process and the continuous expansion of the international scale, more and more enterprises and consumers need to conduct cross-border transactions, among which, the rapid development of e-commerce provides a huge market demand for cross-border logistics. It is expected that in the future, the international logistics market will continue to grow, and the global cross-border logistics market will continue to expand, providing more opportunities and challenges for cross-border logistics business and promoting the continuous development of the cross-border logistics market.
2.Technological innovation provides new opportunities for the industry
With the continuous application and development of advanced technologies such as the Internet of Things, big data, and artificial intelligence, cross-border logistics will usher in a revolution in digitalization, intelligence, and automation. Logistics enterprises can realize real-time monitoring and tracking of logistics information through Internet of Things technology, and improve the visibility and transparency of transportation. Big data analysis and artificial intelligence can optimize the operation of the first chain, and improve logistics efficiency and cost control through first-class analysis. Autonomous driving and robotics will also play an increasingly important role in cross-border logistics, improving the safety and efficiency of transportation. The development of these technologies will bring more new opportunities for cross-border logistics business.
3.The improvement of the policy environment will promote the development of the industry
* Policy support and reforms in international** and cross-border logistics will provide a favorable environment for cross-border logistics. The signing of international agreements and the implementation of facilitation measures will reduce barriers and business procedures and promote the smooth flow of cross-border logistics. In addition, countries can also strengthen cooperation with other countries, promote the formulation and mutual recognition of cross-border logistics standards, promote the coordination and integration of rules, and create a more open and convenient cross-border environment.
For more information, please refer to the "Research Report on China's Cross-border Logistics Market Prospects and Investment Opportunities" released by the China Commercial Industry Research Institute, and the China Commercial Industry Research Institute also provides consulting services such as industrial big data, industrial intelligence, industrial reports, industry feasibility study reports, investigation and evaluation, industrial planning, park planning, industrial chain investment map, industrial investment guidelines, project packaging planning, and industrial investment promotion & promotion meetings.