- 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, increasing disposable income, growing number of foreign companies and increasing value of exports and imports in the country.
- With the rising demand for Australia agricultural products from other countries leading to increasing agricultural exports the demand for cold chain logistics has increased.
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.
Key Topics Covered in the Report:
Logistics News Australia
Australia Logistics Sector
Parcel Market Australia
Air Express Delivery Australia
Australian Logistics Industry
Cold Storage Industry Australia
Air Traffic Cargo Market Australia
Number of Cold Storages in Australia
Road Transportation Market Australia
Australian Transport and Logistics Industry
Toll Holdings Market Share Australia
For more information on the market research report please refer to the below link:
Related Reports by Ken Research
Ankur Gupta, Head Marketing & Communications