The report provides a comprehensive analysis of the potential of Logistics Industry in Australia. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
The report has market segmentation which include segments by service mix (Freight Forwarding, warehousing, CEP & value added services),by mode of transport (sea freight, air freight, air freight), by type of freight end users (pharma, retail, auto, others), by warehouse model (CFS, Industrial, Agricultural, cold storage), by end-users (retail, automotive, e-commerce), by shipment (domestic, international),growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Report Ocean estimates, the Market Size of Australia On-Demand Logistics has shown increasing trend from 2017 to 2021. However, drop was observed in 2020. This is owing to the prevalence of the global pandemic that affected logistics services worldwide. Market Size of Australia Logistics is expected to show a decent growth trajectory from 2021 to 2026 at CAGR of %. This is mainly due to rapid infrastructural development which has led to services being able to reach previously inaccessible regions.
The market is highly competitive on the basis of type of fleet, warehousing space, freight volume, clients, etc.
Rising attention of the Australian government towards improving the logistics infrastructure, the growing customer base, increase in demand of products and the rise in exports and imports.
Key Trends by Market Segment:
By Freight: Road mode of freight transport dominated in the Australia Freight Market in 2021 by capturing a market share of 93%
By Warehousing Segment: Industrial Warehouses dominated the Australia Warehouse market in 2021 by capturing 30.2 Mn sqm out of 61.6 Mn sqm.
Future Outlook: Market Size of Australia Logistics Market is expected to show increasing trend from 2021 to 2027. Development of logistics corridors and multimodal hubs will drive the logistics market in Australia; expanding at a CAGR of %. Government's investment in infrastructure development of road, rail, air, and water transport facilities are driving the industry - USD Bn for funding road & rail infrastructure for 2018-26.