Rise in acceptance of multimodal transport system and surge
in penetration of e-commerce tools across the globe will boost the
growth of the global warehousing and distribution logistics
market.
PORTLAND, Oregon, Oct. 6, 2022 /PRNewswire/ -- Allied Market
Research recently published a report, titled, "Warehousing and
Distribution Logistics Market by End Use (Healthcare,
Manufacturing, Aerospace, Telecommunication, Government and Public
Utilities, Banking and Financial Services, Retail, Media and
Entertainment, Trade and Transportation, and Others), by Business
Type(Warehouse, Distribution, and Value added services), by Mode of
Operation (Storage, Roadways Distribution, Seaways Distribution,
and Others), by Type(Solution and Services): Global Opportunity
Analysis and Industry Forecast, 2021-2031." As per the report,
the global automotive Ethernet industry was estimated at
$12,019 billion in 2021, and is set
to reach $25,788.7 billion by 2031,
growing at a CAGR of 7.7% from 2022 to 2031. The report offers a
detailed analysis of changing market trends, top segments, key
investment pockets, value chains, regional landscapes, and
competitive scenarios.
Download FREE Report Sample (424 Pages PDF with Insights,
Charts, Tables, Figures) at
https://www.alliedmarketresearch.com/request-sample/11891
Drivers, restraints, and opportunities
Rise in
acceptance of multimodal transport system and surge in penetration
of e-commerce tools across the globe will boost the growth of the
global warehousing and distribution logistics market. Furthermore,
breakthroughs in last-mile delivery mechanism in retail &
e-commerce sector will boost the global market trends.
Nevertheless, lack of control of logistics manufacturers on service
delivery of logistics can impede the growth of the global market.
However, increase in tech-driven warehousing & logistics
services, surge in demand for refrigerated warehouses, and
minimization of lead time owing to acceptance of multi-modal
systems will open new growth opportunities for the global
market.
Covid-19 scenario:
- The COVID-19 pandemic negatively impacted the expansion
of the global warehousing and distribution logistics market as it
disrupted the supply chain activities of logistics and
transportation sector.
- However, rise in demand for healthcare and FMCG supplies
including gloves, perishable food items, hospital supplies,
vaccinations, and sanitizers had helped in minimizing the growth
decline of the global market.
The manufacturing segment to dominate the global market in
terms of revenue in 2031
Based on the end use, the
manufacturing segment is set to contribute to the highest market
share in 2021, accounting for around one-third of the global
warehousing and distribution logistics market share. Furthermore,
the segment is projected to contribute majorly toward the global
market share during the forecast period. The growth of the segment
over the forecast timeframe can be attributed to rise in demand for
industrial manufacturing logistics services. However, healthcare
segment is slated to register the fastest CAGR of about 12.7% over
the next ten years. The growth of the segment over the forecast
timeline can be credited to rising significance of fast-track
assistance in the healthcare sector.
The distribution segment to hold the major market share over
2022-2031
On basis of business type, the distribution
segment contributed to the highest market share in 2021, accounting
for nearly three-fifths of the global warehousing and distribution
logistics market share. Furthermore, the same segment is
anticipated to dominate the market growth over the forecast period.
In addition, the distribution segment is predicted to record the
highest CAGR of 8.3% over the forecast period. The growth of the
segment over the forecast timeline can be attributed to escalating
demand for procuring raw materials and handing them over to
manufacturers for production. The report also includes other
segments such as Warehouse and Value added services.
The storage segment to dominate the global market by
2031
In terms of mode of operation, the storage segment
contributed to the highest market share in 2021, accounting for
nearly one-third of the global warehousing and distribution
logistics market share. Moreover, the same segment is set to make
notable contributions toward the global market share in 2031. The
growth of the segment over the forecast timeline can be credited to
surging need for maximizing productivity and delivery reliability.
However, the seaways distribution segment is predicted to register
the fastest CAGR of 8.5% during the forecast timeline. The
segmental growth over the forecast timeframe can be attributed to
increase in demand for cost-efficient transport facilities such as
ships for the movement of bulk goods.
Asia-Pacific to retain
global market domination over 2022-2031
By
Region, Asia-Pacific contributed notably toward the global
warehousing and distribution logistics market share in 2021, and is
projected to continue its dominance during the forecast period. The
region accounted for one-third of the global warehousing and
distribution logistics market share in 2021. In addition, the
Asia-Pacific warehousing and
distribution logistics market is set to record the highest CAGR of
9.3% during 2022-2031. The growth of the market in the region over
the forecast timespan can be credited to constant government
support for development of logistics infrastructure in the region.
The report also includes other regions such as LAMEA, North America, and Europe.
Major market players
- Agility Public Warehousing Company K.S.C.P.
- CEVA Logistics
- Century Logistics Holdings Bhd
- CWT Ltd.
- DB Schenker
- DHL Supply Chain
- Gemadept Corporation
- Keppel Logistics Pte Ltd
- Kerry Logistics Network Limited
- Kuehne + Nagel International AG
- Singapore Post Limited
- Tiong Nam Logistics Holdings Bhd
- WHA Corporation Public Company Limited
- YCH Group Pte Ltd
- Yusen Logistics Co., Ltd.
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The report analyzes these key players in the global warehousing
and distribution logistics market. These players have implemented
key business strategies such as strategic expansion, new product
launches, alliances, and joint ventures for enhancing market
penetration and reinforcing their position in the industry. The
report helps the target audience in determining the market
performance, performance of each segment, product portfolio
development in the market, and contributions made by each player to
the market expansion.
Similar Reports We Have on Logistics Industry:
Refrigerated Warehousing Market Expected to Reach
$412.90 Billion, at 12.5% CAGR During
2022-2031
Public Warehousing Market by Type, Ownership, and End User,
Research Report 2021–2031
Project Logistics Market by Services, Mode of
Transportation, and Verticals, Research Report 2021–2031
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