Title: Infrastructure Development and Growing Manufacturing Industry to Foster Future Growth of Australia Logistics and Warehousing Market: Ken Research
1Infrastructure Development and Growing
Manufacturing Industry to Foster Future Growth of
Australia Logistics and Warehousing Market Ken
Research
2- 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.
3- 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
4continue 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 .
5- 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.
6Key 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
7For more information on the market research
report please refer to the below
link https//www.kenresearch.com/automotive-trans
portation-and-warehousing/logistics-and-shipping/a
ustralia-logistics-warehousing-market/142255-100.h
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Contact Ken Research Ankur Gupta, Head
Marketing Communications query_at_kenresearch.com
91-124-4230204