Australia Logistics and Warehousing Market is Expected to Reach AUD 187 Billion by 2021: Ken Research

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Oct 04, 2017, 03:38 ET

GURUGRAM, India, October 4, 2017 /PRNewswire/ --

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Australia Logistics Market by Service Mix (Freight Forwarding, Warehousing Services, Value Added Services and Postal Courier Pick Up & Delivery Services), by Geography (South Wales, Victoria, Queensland, South Australia), Australia Freight Forwarding Market Segmentation by Freight Movement (Road Freight, Rail Freight, Air Freight and Water Freight), by major flow corridors (Sea, domestic, road freight, rail freight), by Type of delivery (normal and express), by freight forwarding (international and domestic), by freight forwarding companies (DHL, Toll Holdings, AirRoad, Agility, CEVA logistics, Powerhouse International, William Global Freight, Axima Pty Ltd, AAA World Cargo Traders, Professional Freight Services, Cairns Best Freight). The report also covers Australia Warehousing Market, Express Logistics Market, 3PL Market and Cold Chain industry.

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Australia News, October 2017

The logistics industry has evolved over the years in terms of integration and digitalization of supply chain which has led to better productivity and efficiency creating sustainable modes of transporting goods from one place to another
Australia logistics market has shown an impressive growth rate in 2016 owing to the expanding manufacturing & retail sector, growing number of foreign companies and increasing value of exports and imports in the country.
The demand for cold chain logistics has grown with the rising demand for Australia agricultural products from other countries leading to increasing agricultural exports.

The Australia logistics and warehousing industry will be driven by government investment in infrastructure development of road, rail, air and water transport facilities. Around AUD 70 billion has been allocated for transport infrastructure from 2014 to 2021. Moreover, the government is planning to spend AUD 75 billion for funding road and rail infrastructure from 2018 to 2027. Moreover, the partnership of the Australian government with New South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania, Northern Territory and the Australian Capital Territory in 2014 is expected to assist the various land transport infrastructure projects. Further the large companies are expanding their operations through partnerships. Freight forwarding industry will continue to account for the larger share of the revenue pie. This will be supported by the growth of 3PL service providers as global players enter Australia market. Large companies majorly focus on value added services in order to gain competitive advantage over other players in the market. The market has seen the power shifting to the consumer, internet driving growth, transformation of supply chain, B2C outgrowing B2B, new technology and home delivery. The value added services segment has seen faster growth in the international market than domestic primarily due to growing cross border ecommerce. With the development of artificial intelligence and growth of ecommerce sector, the demand for warehousing is expected to develop with Auto and Ancillary and Chemical and Pharmaceutical sectors emerge as largest demand drivers of Warehousing space.

Ken Research in its latest study, Australia Logistics and Warehousing Market by Sector (Freight Forwarding, Warehousing, VAS), By Domestic & International Services - Outlook to 2021 suggests that DHL, FedEx, Toll Holdings, SCT Logistics, Qube holdings, Aurizon Holdings, Maersk Line, Hapag Llyod, TNT Australia and Australia Post will remain the major logistics and warehousing companies in this space. However, these major players will witness rising competition from small regional players due to low entry barriers.

Australia Logistics and Warehousing Market is projected to register a positive CAGR during the period 2016-2021. Geographical expansion, digital technology, changing consumer preferences and increase in Public and Private Investment in infrastructure is expected to drive the Australia Logistics and Warehousing Market in the future. The report provides information on market size of the Australia Logistics and Warehousing Market, market segmentation on the basis of service mix and geography.

For more information on the market research report please refer to the below link:

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/australia-logistics-warehousing-market/142255-100.html

Key Data Points covered in the Research Report: