Government regulations & support, growth of e-commerce industry, technological innovation and growing FDI will trigger the growth of logistics sector in Netherlands.
Netherlands ranked 4kth according to Global Logistics Performance Index and it is one of the most mature and established logistics market in Europe. The Netherlands plays a leading role in the import of goods from all around the world into Europe as well as export of products to global destinations. Logistics is therefore a key enabler for the success of sectors such as energy, agro-food, agriculture, chemicals and high-tech. Over the years, the logistics industry of Netherlands witnessed substantial increase in investment volume in logistics property, rising from EUR 300 million during 2012 to around EUR 1.2 billion during 2016. The overall increase in investment is owing to growing demand from logistics companies and increasing customer demands for better services. The major triggers that have aided the logistics market of Netherlands include growing manufacturing industry, excellent geographical location and positive business environment.
A vital factor which will shape the logistics sector of the country is constructive partnership between trade unions, the government, and companies. Netherlands is a member of the European Union and the European Monetary Union and the country has multilateral & bilateral trade agreements with several countries which has aided the international trade flow over the years. Additionally, the market is driven by world-class seaports, centrally located airports and dense road network, providing direct access to virtually all major cities and towns in the country. Moreover, the Dutch economy has robust supply chain, educated workforce, supportive tax structure and advanced network of suppliers which has attracted major multinational companies to choose Netherlands as their logistics and distribution gateway to Europe to manage their supply chain operations. The online sales of goods through B2C channel increased from EUR 12.8 billion during 2013 to EUR 24.2 billion during 2017 which has further aided the growth of logistics industry in Netherlands.
The report titled “Netherlands Logistics Market by Service Mix (Freight Forwarding Market, Warehousing Market and Value Added Services), by Third Party Logistics, by Cold Chain Logistics, By Express Delivery Logistics and by Industries (Oil & Gas, Engineering Equipment, Food & Beverages, Metals, Automotive and Others) – Outlook to 2022” by Ken Research suggested that growing e-commerce backed up with increasing international trade flow will majorly contribute to the overall revenue growth of Netherlands logistics market in next 5 years till 2022.
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Ankur Gupta, Head Marketing