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    China Blockchain Supply Chain Market

    ID: MRFR/ICT/57465-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    China Blockchain Supply Chain Market Research Report By Application (Payment & Settlement, Counterfeit Detection), By Provider (Application & Solution Provider, Middleware Provider), and By Vertical (Retail & Consumer Goods, Manufacturing)- Forecast to 2035

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    China Blockchain Supply Chain Market Infographic
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    China Blockchain Supply Chain Market Summary

    As per MRFR analysis, the blockchain supply-chain market Size was estimated at 130.95 USD Million in 2024. The blockchain supply-chain market is projected to grow from 182.31 USD Million in 2025 to 4985.3 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 39.22% during the forecast period 2025–2035.

    Key Market Trends & Highlights

    The China blockchain supply-chain market is experiencing robust growth driven by technological advancements and increasing demand for transparency.

    • The largest segment in the China blockchain supply-chain market is logistics, while the fastest-growing segment is food safety.
    • There is a notable increase in the adoption of smart contracts, enhancing operational efficiency across various sectors.
    • Collaboration among industry players is becoming more prevalent, fostering innovation and shared solutions.
    • Regulatory support for blockchain integration and rising demand for traceability are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 130.95 (USD Million)
    2035 Market Size 4985.3 (USD Million)

    Major Players

    IBM (US), Microsoft (US), Oracle (US), SAP (DE), VeChain (SG), Waltonchain (CN), Ambrosus (CH), Modum (CH)

    China Blockchain Supply Chain Market Trends

    The blockchain supply-chain market is experiencing notable growth, driven by the increasing demand for transparency and efficiency in logistics. Companies are increasingly adopting blockchain technology to enhance traceability, reduce fraud, and streamline operations. This technology allows for real-time tracking of goods, which is crucial for maintaining quality and compliance in supply chains. As businesses seek to optimize their processes, the integration of blockchain solutions appears to be a strategic move to address these challenges. Furthermore, the regulatory environment is evolving, with governments recognizing the potential of blockchain to improve supply chain integrity. This shift may lead to more supportive policies and frameworks that encourage innovation and investment in the sector. In addition, the blockchain supply-chain market is likely to benefit from advancements in related technologies, such as the Internet of Things (IoT) and artificial intelligence (AI). These technologies can complement blockchain by providing additional data points and insights, further enhancing decision-making capabilities. As organizations continue to explore the synergies between these technologies, the potential for improved operational efficiency and reduced costs becomes increasingly apparent. Overall, the landscape of the blockchain supply-chain market is dynamic, with various factors contributing to its evolution and growth.

    Increased Adoption of Smart Contracts

    The use of smart contracts within the blockchain supply-chain market is gaining traction. These self-executing contracts facilitate automated transactions and enforce agreements without the need for intermediaries. This trend is likely to enhance efficiency and reduce operational costs, as businesses can streamline processes and minimize delays.

    Focus on Sustainability and Ethical Sourcing

    There is a growing emphasis on sustainability and ethical sourcing in the blockchain supply-chain market. Companies are leveraging blockchain to provide transparency regarding the origin of materials and the environmental impact of their operations. This trend may appeal to consumers who prioritize responsible practices and could influence purchasing decisions.

    Collaboration Among Industry Players

    Collaboration among various stakeholders in the blockchain supply-chain market is becoming increasingly common. Companies are forming partnerships to share data and resources, which can lead to improved supply chain visibility and resilience. This trend suggests a shift towards collective efforts to address common challenges and enhance overall performance.

    China Blockchain Supply Chain Market Drivers

    Rising Demand for Traceability

    Consumer demand for traceability in products is driving the blockchain supply-chain market in China. As consumers become more conscious of product origins and quality, companies are increasingly adopting blockchain solutions to provide transparent supply chain information. In 2025, it is estimated that around 40% of Chinese consumers prioritize traceability when making purchasing decisions. This shift is compelling businesses to invest in blockchain technology to enhance their supply chain transparency, thereby improving customer trust and loyalty. Consequently, the blockchain supply-chain market is likely to expand as companies seek to meet these evolving consumer expectations.

    Growing Focus on Supply Chain Resilience

    The emphasis on supply chain resilience is increasingly shaping the blockchain supply-chain market in China. Recent disruptions have highlighted vulnerabilities in traditional supply chains, prompting businesses to seek more resilient solutions. Blockchain technology offers enhanced visibility and traceability, which are essential for building robust supply chains. In 2025, it is expected that around 35% of companies will prioritize blockchain solutions to enhance their supply chain resilience. This growing focus on resilience is likely to drive further adoption of blockchain technology, thereby expanding the blockchain supply-chain market.

    Regulatory Support for Blockchain Integration

    The blockchain supply-chain market in China benefits from increasing regulatory support aimed at enhancing transparency and efficiency. The Chinese government has been actively promoting blockchain technology as part of its broader digital economy strategy. This regulatory framework encourages businesses to adopt blockchain solutions, thereby fostering innovation within the supply chain sector. In 2023, approximately 30% of enterprises reported that government initiatives significantly influenced their decision to implement blockchain technology. This trend is likely to continue, as the government aims to streamline logistics and reduce fraud, which could potentially lead to a more robust blockchain supply-chain market.

    Increased Investment in Digital Infrastructure

    Investment in digital infrastructure is a crucial driver for the blockchain supply-chain market in China. The government and private sector are channeling substantial resources into enhancing digital capabilities, which facilitates the integration of blockchain technology into supply chains. In 2025, it is anticipated that investments in digital infrastructure will reach approximately $200 billion, significantly bolstering the blockchain supply-chain market. This influx of capital is likely to support the development of more sophisticated blockchain applications, enabling companies to optimize their supply chain operations and improve overall efficiency.

    Technological Advancements in Blockchain Solutions

    Technological advancements are significantly impacting the blockchain supply-chain market in China. Innovations such as improved consensus algorithms and interoperability between different blockchain platforms are enhancing the efficiency and scalability of blockchain applications. In 2025, it is projected that the adoption of advanced blockchain solutions could increase operational efficiency by up to 25% for supply chain operations. These advancements not only streamline processes but also reduce costs associated with traditional supply chain management. As a result, businesses are more inclined to invest in blockchain technology, further propelling the growth of the blockchain supply-chain market.

    Market Segment Insights

    China Blockchain Supply Chain Market Segment Insights

    China Blockchain Supply Chain Market Segment Insights

    Blockchain Supply Chain Market Application Insights

    Blockchain Supply Chain Market Application Insights

    The Application segment of the China Blockchain Supply Chain Market is pivotal in driving the adoption and implementation of blockchain technology across various industries. This segment encompasses various functionalities that optimize the supply chain processes, enhancing overall efficiency. One of the most critical functions within this segment is Payment and Settlement. The significance of this function lies in its ability to streamline financial transactions through reduced processing times and elimination of intermediaries, leading to cost savings and improved cash flow for businesses. 

    As digital transactions continue to escalate in China, with the government advocating for a cashless society, the need for robust and secure payment systems has become paramount. Counterfeit Detection is another crucial area within the Application segment. Given the high prevalence of counterfeit goods within various sectors, this function leverages blockchain's immutability to ensure the authenticity of products throughout the supply chain. It serves an essential role in enhancing consumer trust and compliance with regulatory standards, particularly in industries such as pharmaceuticals and luxury goods. 

    The Chinese government has stressed the importance of combating counterfeiting, creating a fertile ground for blockchain solutions that can track product provenance effectively.As the demand for innovative solutions grows in the Chinese market, the application of blockchain technology is increasingly being recognized as a strategic driver for securing transactions and safeguarding product integrity. The rise of e-commerce in China has further accelerated the need for sophisticated and transparent supply chain management strategies, which blockchain can provide through real-time tracking and enhanced visibility. 

    Overall, the Application segment stands as a cornerstone in the evolution of the China Blockchain Supply Chain Market, addressing critical challenges and paving the way for long-term growth and sustainability in this rapidly evolving landscape.

    Blockchain Supply Chain Market Provider Insights

    Blockchain Supply Chain Market Provider Insights

    The China Blockchain Supply Chain Market, particularly within the Provider segment, is experiencing significant advancements, driven by the need for enhanced traceability and transparency in supply chains across various industries. The Application and Solution Providers are crucial as they offer specialized software solutions that allow businesses to integrate blockchain technology more effectively into their operations. This is essential in sectors such as food safety and pharmaceuticals, where ensuring product authenticity is paramount. 

    Meanwhile, Middleware Providers play a vital role by serving as the bridge between blockchain networks and enterprise systems, facilitating seamless data exchanges and enhancing interoperability.The demand for these providers is heightened by China's initiatives to modernize its supply chains, increase efficiency, and reduce fraud. The rapid growth of digital transactions and the push for smart logistics are further fueling the importance of Providers in this market. 

    As companies in China increasingly adopt blockchain to streamline processes, reduce costs, and improve regulatory compliance, the Market is expected to reflect their evolving needs and the significant role played by these Providers.

    Blockchain Supply Chain Market Vertical Insights

    Blockchain Supply Chain Market Vertical Insights

    The China Blockchain Supply Chain Market is experiencing significant transformation, particularly within the Vertical segment, which includes essential areas such as Retail and Consumer Goods, as well as Manufacturing. Retail and Consumer Goods have been at the forefront of adopting blockchain technology due to the increasing demand for transparency and traceability in product origins, driving consumer trust and brand loyalty. This trend has resulted in the integration of innovative solutions that streamline operations and enhance inventory management.

    Meanwhile, the Manufacturing sector is also leveraging blockchain to optimize supply chain processes, reduce downtime, and ensure seamless collaboration among suppliers. Such advancements contribute to improved efficiency and reduced operational costs. Moreover, government initiatives in China support blockchain implementation, fostering an environment that promotes innovation and growth within these critical sectors. 

    The ability to track shipments in real-time and authenticate goods represents a game-changer for both segments, ensuring quality assurance and compliance with regulations.This dynamic landscape indicates that the Vertical segment will continue to play a vital role in propelling the entire China Blockchain Supply Chain Market towards a more efficient future.

    Get more detailed insights about China Blockchain Supply Chain Market

    Key Players and Competitive Insights

    The blockchain supply-chain market is currently characterized by a dynamic competitive landscape, driven by the increasing demand for transparency, efficiency, and traceability in supply chains. Major players such as IBM (US), Microsoft (US), and VeChain (SG) are at the forefront, leveraging their technological prowess to innovate and expand their offerings. IBM (US) focuses on integrating AI and IoT with blockchain solutions, enhancing operational efficiency for clients. Meanwhile, Microsoft (US) emphasizes partnerships with local firms to tailor solutions that meet specific regional needs, thereby strengthening its market position. VeChain (SG), with its strong emphasis on sustainability, is carving a niche by providing blockchain solutions that facilitate eco-friendly supply chain practices. Collectively, these strategies contribute to a competitive environment that is increasingly oriented towards technological advancement and customer-centric solutions.

    Key business tactics in this market include localizing manufacturing and optimizing supply chains to enhance responsiveness and reduce costs. The competitive structure appears moderately fragmented, with a mix of established tech giants and innovative startups. This fragmentation allows for diverse approaches to blockchain implementation, as companies seek to differentiate themselves through unique value propositions. The influence of key players is substantial, as their strategic initiatives often set industry standards and drive broader adoption of blockchain technologies.

    In September 2025, IBM (US) announced a partnership with a leading Chinese logistics firm to develop a blockchain-based platform aimed at improving supply chain transparency. This strategic move is significant as it not only enhances IBM's footprint in the Chinese market but also aligns with the growing demand for transparent supply chains in the region. By leveraging its existing technology, IBM (US) is likely to gain a competitive edge in providing tailored solutions that address local challenges.

    In October 2025, Microsoft (US) launched a new blockchain service specifically designed for the agricultural sector in China. This initiative is noteworthy as it reflects Microsoft's commitment to addressing sector-specific needs, potentially increasing its market share in a rapidly evolving industry. The focus on agriculture also indicates a strategic pivot towards sectors that are increasingly reliant on technology for efficiency and sustainability.

    In August 2025, VeChain (SG) secured a partnership with a major Chinese retail chain to implement a blockchain solution for product traceability. This collaboration is crucial as it not only enhances consumer trust but also positions VeChain (SG) as a leader in the retail sector's digital transformation. The emphasis on traceability aligns with global trends towards sustainability and ethical sourcing, further solidifying VeChain's market position.

    As of November 2025, current trends in the blockchain supply-chain market include a pronounced shift towards digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the competitive landscape, as companies recognize the value of collaboration in driving innovation. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological innovation, reliability, and sustainability in supply chains. This shift suggests that companies that prioritize these aspects may gain a significant advantage in the marketplace.

    Key Companies in the China Blockchain Supply Chain Market market include

    Industry Developments

    Recent developments in the China Blockchain Supply Chain Market indicate a notable expansion, with significant contributions from companies like JD.com, Tencent, and Alibaba, which are heavily investing in blockchain technologies to enhance transparency and efficiency in supply chains. In September 2023, VeChain announced new partnerships aimed at improving sustainability metrics for supply chain processes in various industries. Moreover, Xunlei has been focusing on digital asset management solutions, a compelling development in enhancing supply chain traceability. There were no recent significant mergers or acquisitions involving the specified companies in the last six months; however, a trend toward strategic partnerships is evident. 

    The market is projected to grow substantially, bolstered by initiatives from the Chinese government encouraging blockchain adoption in various sectors. In June 2023, the State Council of China released a guideline promoting the use of blockchain in supply chain finance, which is anticipated to significantly impact the market growth. Companies like Huawei and Baidu are investing in Research and Development to navigate the evolving landscape efficiently. Overall, the market is positioned for robust growth, with advancements in underlying technologies creating opportunities for increased adoption.

    Future Outlook

    China Blockchain Supply Chain Market Future Outlook

    The blockchain supply-chain market in China is poised for growth at 39.22% CAGR from 2024 to 2035, driven by enhanced transparency, efficiency, and security.

    New opportunities lie in:

    • Integration of IoT devices for real-time tracking solutions.
    • Development of blockchain-based smart contracts for automated transactions.
    • Creation of decentralized marketplaces to streamline supplier interactions.

    By 2035, the market is expected to achieve substantial advancements and robust growth.

    Market Segmentation

    China Blockchain Supply Chain Market Provider Outlook

    • Application & Solution Provider
    • Middleware Provider

    China Blockchain Supply Chain Market Vertical Outlook

    • Retail & Consumer Goods
    • Manufacturing

    China Blockchain Supply Chain Market Application Outlook

    • Payment & Settlement
    • Counterfeit Detection

    Report Scope

    MARKET SIZE 2024 130.95(USD Million)
    MARKET SIZE 2025 182.31(USD Million)
    MARKET SIZE 2035 4985.3(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 39.22% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled IBM (US), Microsoft (US), Oracle (US), SAP (DE), VeChain (SG), Waltonchain (CN), Ambrosus (CH), Modum (CH)
    Segments Covered Application, Provider, Vertical
    Key Market Opportunities Integration of blockchain technology enhances transparency and traceability in supply chains, driving efficiency and trust.
    Key Market Dynamics Rising adoption of blockchain technology enhances transparency and efficiency in supply chain operations across various sectors.
    Countries Covered China

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    FAQs

    What is the expected market size of the China Blockchain Supply Chain Market by 2024?

    The China Blockchain Supply Chain Market is anticipated to be valued at 110.0 million USD by 2024.

    What will the market size reach by 2035?

    By 2035, the market size is expected to grow significantly to 43,800.0 million USD.

    What is the projected CAGR for the China Blockchain Supply Chain Market from 2025 to 2035?

    The market is expected to experience a robust CAGR of 72.334% during the forecast period from 2025 to 2035.

    What are the major applications in the China Blockchain Supply Chain Market?

    The key applications in this market include Payment & Settlement and Counterfeit Detection.

    How is the Payment & Settlement segment projected to grow by 2035?

    The Payment & Settlement segment is expected to reach 17,300.0 million USD by 2035, up from 35.0 million USD in 2024.

    What is the expected market value for the Counterfeit Detection application in 2035?

    By 2035, the Counterfeit Detection application is forecasted to attain a market value of 26,500.0 million USD, rising from 75.0 million USD in 2024.

    Who are the key players operating in the China Blockchain Supply Chain Market?

    Major players in the market include JD.com, Tencent, Alibaba, and VeChain, among others.

    What trends are driving the growth of the China Blockchain Supply Chain Market?

    Key trends driving growth include the increasing need for transparency, efficiency in supply chains, and the demand for anti-counterfeit solutions.

    What challenges does the China Blockchain Supply Chain Market currently face?

    Challenges include regulatory uncertainties and the need for standardization across blockchain technologies.

    How is the global scenario impacting the China Blockchain Supply Chain Market?

    Current global trade dynamics and technological advancements are influencing the strategic adoption of blockchain in supply chains across China.

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