Australian Logistics Market is growing due to the surge in the e-commerce sector, rise in manufacturing, increase in use of technology and entry of foreign players in the 3PL segment: Ken Research

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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 $70 Bn in transport infrastructure and AU $75 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

Related Reports by Ken Research: –

Philippines Cold Chain Market Outlook To 2025: Driven By Rising Processed Food Consumption Owing To Growing Millennial Population Albeit Infrastructure Challenges

India Logistics Market Outlook To FY24–Driven By Government Infrastructure Push, New Age Logistics Startups, And Technology Innovation

Turkey Logistics And Warehousing Market Outlook To 2025 – By Domestic And International Freight Forwarding Throughput, Revenue & Flow Corridor (Road Freight And Pipelines, Sea, Air And Rail Freight), By Warehousing (Industrial / Retail, Container Freight / Inland Container Depot & Cold Storage), By 3PL, Courier Express & Parcel, Domestic And Cross Border E-Commerce Logistics

Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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