Australia Logistics Market Research Report: Ken ResearchPosted by kenresearch on April 9th, 2021 Growing E-commerce Industry: In recent years e-commerce sector has been growing rapidly in Australia. Product assortment, convenience, and price competitiveness are encouraging a consumer shift to online purchasing in the country. As of today, the Australian E-Commerce market is the 11th largest in the world and ranks second on the global e-government index. This rising E-commerce penetration in the country is leading to E-commerce companies' surge in demand for 3PL logistic providers and better warehousing infrastructure. Improving Logistic Infrastructure: In recent years, the Australian Government is investing heavily in improving the infrastructure for Freight Forwarding and Warehousing Industries in the country. Since 2014, it has invested AU Bn in transport infrastructure and AU Bn in road repair/construction to promote the Australian logistics sector. Moreover, Major retailers are also upgrading their existing infrastructure & helping expand their operations with further investments. For Example, Amazon is planning to build a 200,000 sqm Fulfilment centre in Australia, and other major players such as Coles, Woolworths, and Marley spoon are expected to follow the suit. COVID Impact on Logistics Industry: COVID-19 positively impacted the road freight industry of the country as demand for groceries and other essential goods increased by 40% during the lockdown in cities like Melbourne, Brisbane, Perth, and others. Moreover, Last mile services in Australia increased by more than 25% in the year 2020 due to restrictions for the public in states like New South Wales and Victoria. Increasing International Trade: Australia has witnessed a large increase in its international trade over the year which is positively impacting its logistics industry. The trade balance increased from $ 165 Mn in 2016 to $ 51 Bn in 2020 due to increasing demand from trading partners in the booming economies of China and Southeast Asia. Moreover, 75% of Australia's goods exports from the country went to China, Japan, the Republic of Korea, India, Hong Kong, Singapore, and Taiwan. Analysts at Ken Research in their latest publication “Australian Logistics Market Outlook to 2025- Led by Growth in Road Freight Services and rising demand for Cold Storage Facilities”, the Australian Logistic Market has been evolving in the country due to factors such as increasing E-commerce penetration due to changing consumer patterns and increasing consumer expenditure; improving transportation and warehousing infrastructure due to multiple government projects; rising investment in technologies such as IoT, Big Data Open Data, AI, Automation and more; growing international trade with other major economies such as China, Japan, Republic of Korea, India and more. The market is expected to register a positive CAGR of 3.4% in terms of revenue during the forecast period 2020-2025. Key Segments Covered: - By Mode of Service- Freight Forwarding Market (Revenues) Road Freight Sea Freight Rail Freight Air Freight By Type of Load- Freight Forwarding Market (Revenue and Volume) LTL FTL By Business Model-Warehousing Market (Revenues) Industrial Retail Cold Storage IFS/ICD Agriculture By End User-Warehousing Market (Revenues) Food and Beverages Pharmaceutical and Medical Devices Textile and Footwear Electronics Chemicals Others By Regions-Warehousing Market (Space) New South Wales Sydney Brisbane Perth By Service- Cold Chain Market (Revenues) Cold Transportation Cold Storage By Temperature-Cold Chain Market (Revenues and Number of Pallets) Freezers and Chillers Ambient By End User-Cold Chain Market (Revenues) Food and Beverages Meat and Seafood Dairy Products Pharmaceuticals Bakery and Confectionery Others Companies Covered (Freight Forwarding and Warehousing Companies) Linfox DB Schenker SCT Logistics CEVA Logistics DHL Freight Forwarding Panalpina Bollore Yusen Logistics Aurizon Logistics Toll Holdings QLS Group MJ Logistics Qube Logistics K & S Corporation CTI Logistics Freight Management Holdings (EFM) Lindsay Australia Wiseway Group Mainfreight Limited Kings Transport Glen Cameron Group Centurion (Cold Storage Companies) Cannon Logistics Lineage Logistics Karras Cold Logistics Americold Scott's RL OFE Refrigerated Transport Minus1 Refrigerated Transport Victoria Cold Storage ACIT Group Berle Transport Laverton Cold Storage Freezex Refrigerated Transport QMC Logistics Acacia Transport ColdRex Transport Key Target Audience E-commerce Companies Third-Party Logistic Providers Potential Market Entrants Freight Forwarding Companies Warehousing Companies Cold Storage Companies Industry Associations Consulting Agencies Time Period Captured in the Report:- Historical Period: 2015-2020 Forecast Period: 2020-2025 Key Topics Covered in the Report Comprehensive analysis of Australia Logistics Market and its segments Listed major players and their positioning in the market Identified major industry developments in the last few years and assessed the future growth of the industry. For More Information on the research report, refer to the below link: - Future Growth of Australia Logistics Market Outlook Contact Us: - Ken Research Like it? Share it! More by this author |