Focus on the industry: Huge market demand continually motivates the organization of exhibition

China leads the way in the global air conditioning marke, producing a variety of first-rate products in the world. With the rapid development of China's socio-economy and its increasing living standards, the demand for refrigerating appliances is also growing. Especially in the context of new urbanization, housing improvement, and consumption upgrades, refrigeration, and air conditioning products have become indispensable necessities in the daily lives of urban and rural residents. In 2022, the market size of China's refrigeration appliances industry reached 523.5 billion CNY, representing 8.4% expansion compared to last year.  It is expected that by the end of 2023, the market size will reach 567 billion CNY.

China is the largest producer, consumer, and exporter of air purification products in the world.  Its air purifier market is expected to reach 13 billion CNY in 2023, which means the market has a bright future and a huge growth potential. The market size is expected to reach 100 billion CNY in 2026.

In 2022, the global cold chain logistics market size reached USD 279.48 billion and by 2030 the global cold chain logistics market size is expected to grow to about USD 801.26 billion. Moreover, Asia-Pacific, dominates the global cold chain logistics market which is expected to grow at a CAGR of more than 10% from 2022 to 2027.

There are about 80,000 logistics enterprises in Shenzhen, of which more than 4,000 are supply chain service enterprises, accounting for more than 80% of China. Shenzhen's cold chain industry has formed a more complete industrial chain, including cold storage construction, cold chain transportation, cold chain processing, cold chain distribution and so on, and there is a huge demand for the cold chain market.