Future Growth of Australia Logistics Market: Ken ResearchPosted by kenresearch on April 12th, 2021 How Is Australia Logistics Market Positioned? The Australia logistics and warehousing industry is well established supported by modern infrastructure and an integrated supply chain. The industry has contributed 8.6% to Australia’s GDP in the Logistics industry has come a long way from the past. With the emergence of global players and with the increase in the use of the internet, many logistic companies developed interesting web and mobile applications to support their operations and customer service. Australia's logistics market has shown an impressive growth rate owing to the expanding manufacturing & retail sector, increasing disposable income, growing number of foreign companies, and increasing value of exports and imports in the country. Market: The logistics market has seen significant growth in the last few years, recording a CAGR of ~% during 2015-2020 primarily due to increasing infrastructure investment, e-commerce, and cold chain facilities in Australia. Australia currently ranks 20th in the Logistics Performance Index Ranking by World Bank (2020). The freight forwarding sector is the leading segment towards the revenues of the logistics industry, followed by warehousing and courier & parcel activities. Value-Added services also contribute a significant proportion to the overall logistics market in Australia. Australia Logistics and Warehousing Market By Service Mix: The logistics industry has evolved over the years in terms of integration and digitalization of the supply chain which has led to better productivity and efficiency creating sustainable modes of transporting goods from one place to another. The market is segmented on the basis of service mix, geography, and normal and express delivery. The freight forwarding segment is driven by changing consumer preference, rise in e-commerce, and growing trade activities. Value-added services contributing a significant portion, majorly dominated by Freight Forwarding Agency Services along with Stevedoring and Port Handling Activities. Australia Freight Forwarding Market Segmentation By Mode of Service: Australian freight forwarding market was dominated by road freight in terms of revenue and by rail freight in terms of volume. Road and Rail Freight are majorly used for domestic transportation for Bulk & Non-bulk commodities. By Road Freight Market: Australia Road Freight is used for domestic transportation with most of the industry having less than 5 fleets. The industry is fragmented with ~ Road Transport companies existing in the market. The average net profit margin earned by Road Transport is approximate ~ 8.6% as of June 2020. By FTL/LTL: The majority of the Volume transported by road is done on an FTL basis by Revenue and Volume with Average prices charged in case of LTL is ~% higher than FTL basis. Cost Component analysis: Out of the total operating cost, ~ % is held by Fuel, ~% is held by salary, and ~% by Toll earning ~% margin by trucking companies. Australia Warehousing Market Segmentation By Business Model: The industrial and retail warehouses dominated the overall Australia warehousing market with an area share of ~%, with average price ~ and occupancy rate of ~ in 2020. This is primarily due to increasing Industrial parks and real estate developers’ investments in the logistics space. This is followed by ICD’s /CFS near the ports. By End Users: The major end-users of warehousing services in Australia include Food and Beverages which provide maximum revenue. The pharmaceutical companies generally prefer their own warehouses due to the extra precautions measures needed. By Regions: The warehousing Market is divided into 4 Major regions such as New South Wales, Sydney, Brisbane, and Perth in Western Australia. Multiple Supermarkets and Grocery chains are increasing captive spaces in Australia. Australia Warehousing Future Market Size: Land supply for building large warehouses is on the decline in Australia. Melbourne, Sydney is running out of prime lands to build quality large warehouses. Traditionally, single-storied warehouses are the norm in Australia. It is expected that to solve the problem of space crunch, multi-storied warehouses are expected to be built across Australia. Technology integration is expected to improve efficiency and effectiveness in Warehouses with more companies looking to integrate various technologies into their warehouses. Infrastructure spending is expected to be the highest during 2020-2023, with lot of transport infrastructure and an increase in government expenditure expected to take place. 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 last few years and assessed the future growth of the industry. For More Information on the research report, refer to below link: - Future Growth of Australia Logistics Market Outlook Contact Us: - Ken Research Like it? Share it!More by this author |