NEW YORK, July 22, 2022 /PRNewswire/ — Transportation is the most dominant service type segment of the global Project Logistics Market, and it is expected to retain its dominant position during the forecast period. Amid the COVID-19 pandemic, which started in December 2019, international and domestic transportation activities came to a standstill due to the implementation of lockdowns across many countries worldwide. Due to this, the demand for logistics services declined, which, in turn, hampered the growth of this segment in 2020. Moreover, the project logistics market value is set to grow by USD 36.55 billion, progressing at a CAGR of 3.28% from 2020 to 2025, as per the latest report by Technavio.
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- Service
- Transportation
- Warehousing
- Others
The project logistics market vendors should focus on grabbing business opportunities from the transportation segment as it accounted for the largest market share in the base year. Major players in the global project logistics market offer customized and specialized transportation solutions, depending on the specific needs of each project or customer. The increasing construction activities across the globe because of the rising rate of industrialization and urbanization will trigger the demand for transportation services, which will propel the growth of the project logistics market during the forecast period.
Transportation
Warehousing
Others
Geography
APAC
Europe
North America
MEA
South America
49% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for the market in APAC. Market growth in this region will be faster than the growth of the market in regions. The rise in the construction of infrastructural facilities and manufacturing plants will facilitate the market growth in APAC over the forecast period.
- APAC
- Europe
- North America
- MEA
- South America
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The rising demand for automobiles has induced automotive manufacturers to increase their production volume. Major automotive players are setting up production plants in developing economies such as China and India, because of the availability of low-cost materials and cheap labor.
This has created the need for an efficient automotive supply chain. As automotive manufacturers and suppliers are exposed to numerous costs, they are focusing on exploiting new market prospects and cost savings options.
Most automotive companies are hiring third-party project logistics services that are cost-effective and carry out logistics activities in a structured manner. This will, in turn, fuel project logistics market growth over the forecast period.
For the smooth flow of logistics operations and marketing activities, the logistics firms must initially invest heavily. They also require high technical capabilities and enough resources, including the expertise to manage logistics operations by tackling the rising complexities.
This adds to the cost. Many companies have adopted wearable voice command tools to satisfy customer demand and to increase their productivity and efficiency. Another major factor that increases the operational costs in project logistics is the high transportation costs that arise due to the rise in fuel prices.
The fluctuations in fuel prices have resulted in a reduction in the profits from fixed-term contracts as customers are demanding lower rates while renewing the contracts. Numerous countries around the world impose import duties and other taxes, which leads to high fuel prices.
Another main reason for the capital-intensive nature of the project logistics market is that project logistics providers require efficient facilities such as automated warehouses and a large fleet, including trailers, ships, aircraft, and containers (at ports). Thus, the requirement of high investment and operational costs is expected to hinder the growth of the global project logistics market during the forecast period.
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Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our report covers the following areas:
Project Logistics Market size
Project Logistics Market trends
Project Logistics Market analysis
CEVA Logistics AG
C.H. Robinson Worldwide Inc.
Deutsche Bahn AG
Deutsche Post AG
DSV Panalpina A/S
FedEx Corp.
Kuehne + Nagel International AG
Nippon Express Co. Ltd.
United Parcel Service Inc.
XPO Logistics Inc.
The project logistics market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.
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- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist project logistics market growth during the next five years
- Estimation of the project logistics market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the project logistics market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of project logistics market vendors
Cross-border E-commerce Logistics Market by Service and Geography – Forecast and Analysis 2022-2026: The market value is set to grow by USD 55.47 billion, progressing at a CAGR of 11.71% from 2021 to 2026, as per the latest report by Technavio. 43% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for cross-border e-commerce logistics in APAC. Market growth in this region will be faster than the growth of the market in other regions. FIND MORE RESEARCH INSIGHTS HERE
Chemical Logistics Market by Service and Geography – Forecast and Analysis 2020-2024: The market value is set to grow by USD 24.73 billion, progressing at a CAGR of 14.31% from 2019 to 2024, as per the latest report by Technavio. The transportation segment will be significant during the forecast period. An increase in the free trade agreements and the formation of a trade bloc between countries are driving the demand for transportation services across the world. FIND MORE RESEARCH INSIGHTS HERE
1 Executive Summary
Project Logistics Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 3.28%
Market growth 2021-2025
$ 36.55 billion
Market structure
Fragmented
YoY growth (%)
2.63
Regional analysis
APAC, Europe, North America, MEA, and South America
Performing market contribution
APAC at 49%
Key consumer countries
China, US, Japan, Germany, and India
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
CEVA Logistics AG, C.H. Robinson Worldwide Inc., Deutsche Bahn AG, Deutsche Post AG, DSV Panalpina A/S, FedEx Corp., Kuehne + Nagel International AG, Nippon Express Co. Ltd., United Parcel Service Inc., and XPO Logistics Inc.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
Customization preview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
2 Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
2.2 Market characteristics
Exhibit 02: Market characteristics
2.3 Value chain analysis
Exhibit 03: Value Chain Analysis: Air Freight and Logistics Market
3 Market Sizing
Exhibit 01: Parent market
Exhibit 02: Market characteristics
Exhibit 03: Value Chain Analysis: Air Freight and Logistics Market
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 – 2025
Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ billion)
Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4 Five Forces Analysis
Exhibit 04: Offerings of vendors included in the market definition
Exhibit 05: Market segments
Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ billion)
Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4.1 Five forces summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition – Five forces 2020
5 Market Segmentation by Service
Exhibit 08: Five forces analysis 2020 & 2025
Exhibit 09: Bargaining power of buyers
Exhibit 10: Bargaining power of suppliers
Exhibit 11: Threat of new entrants
Exhibit 12: Threat of substitutes
Exhibit 13: Threat of rivalry
Exhibit 14: Market condition – Five forces 2020
5.1 Market segments
Exhibit 15: Service – Market share 2020-2025 (%)
5.2 Comparison by Service
Exhibit 16: Comparison by Service
5.3 Transportation – Market size and forecast 2020-2025
Exhibit 17: Transportation – Market size and forecast 2020-2025 ($ billion)
Exhibit 18: Transportation – Year-over-year growth 2020-2025 (%)
5.4 Warehousing – Market size and forecast 2020-2025
Exhibit 19: Warehousing – Market size and forecast 2020-2025 ($ billion)
Exhibit 20: Warehousing – Year-over-year growth 2020-2025 (%)
5.5 Others – Market size and forecast 2020-2025
Exhibit 21: Others – Market size and forecast 2020-2025 ($ billion)
Exhibit 22: Others – Year-over-year growth 2020-2025 (%)
5.6 Market opportunity by Service
Exhibit 23: Market opportunity by Service
6 Customer landscape
Exhibit 15: Service – Market share 2020-2025 (%)
Exhibit 16: Comparison by Service
Exhibit 17: Transportation – Market size and forecast 2020-2025 ($ billion)
Exhibit 18: Transportation – Year-over-year growth 2020-2025 (%)
Exhibit 19: Warehousing – Market size and forecast 2020-2025 ($ billion)
Exhibit 20: Warehousing – Year-over-year growth 2020-2025 (%)
Exhibit 21: Others – Market size and forecast 2020-2025 ($ billion)
Exhibit 22: Others – Year-over-year growth 2020-2025 (%)
Exhibit 23: Market opportunity by Service
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 25: Market share by geography 2020-2025 (%)
7.2 Geographic comparison
Exhibit 26: Geographic comparison
7.3 APAC – Market size and forecast 2020-2025
Exhibit 27: APAC – Market size and forecast 2020-2025 ($ billion)
Exhibit 28: APAC – Year-over-year growth 2020-2025 (%)
7.4 Europe – Market size and forecast 2020-2025
Exhibit 29: Europe – Market size and forecast 2020-2025 ($ billion)
Exhibit 30: Europe – Year-over-year growth 2020-2025 (%)
7.5 North America – Market size and forecast 2020-2025
Exhibit 31: North America – Market size and forecast 2020-2025 ($ billion)
Exhibit 32: North America – Year-over-year growth 2020-2025 (%)
7.6 MEA – Market size and forecast 2020-2025
Exhibit 33: MEA – Market size and forecast 2020-2025 ($ billion)
Exhibit 34: MEA – Year-over-year growth 2020-2025 (%)
7.7 South America – Market size and forecast 2020-2025
Exhibit 35: South America – Market size and forecast 2020-2025 ($ billion)
Exhibit 36: South America – Year-over-year growth 2020-2025 (%)
7.8 Key leading countries
Exhibit 37: Key leading countries
7.9 Market opportunity by geography
Exhibit 38: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
Exhibit 25: Market share by geography 2020-2025 (%)
Exhibit 26: Geographic comparison
Exhibit 27: APAC – Market size and forecast 2020-2025 ($ billion)
Exhibit 28: APAC – Year-over-year growth 2020-2025 (%)
Exhibit 29: Europe – Market size and forecast 2020-2025 ($ billion)
Exhibit 30: Europe – Year-over-year growth 2020-2025 (%)
Exhibit 31: North America – Market size and forecast 2020-2025 ($ billion)
Exhibit 32: North America – Year-over-year growth 2020-2025 (%)
Exhibit 33: MEA – Market size and forecast 2020-2025 ($ billion)
Exhibit 34: MEA – Year-over-year growth 2020-2025 (%)
Exhibit 35: South America – Market size and forecast 2020-2025 ($ billion)
Exhibit 36: South America – Year-over-year growth 2020-2025 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity by geography ($ billion)
8.1 Market drivers
8.2 Market challenges
Exhibit 39: Impact of drivers and challenges
8.3 Market trends
9 Vendor Landscape
Exhibit 39: Impact of drivers and challenges
9.1 Competitive scenario
9.2 Vendor landscape
Exhibit 40: Vendor landscape
9.3 Landscape disruption
Exhibit 41: Landscape disruption
9.4 Industry risks
Exhibit 42: Industry risks
10 Vendor Analysis
Exhibit 40: Vendor landscape
Exhibit 41: Landscape disruption
Exhibit 42: Industry risks
10.1 Vendors covered
Exhibit 43: Vendors covered
10.2 Market positioning of vendors
Exhibit 44: Market positioning of vendors
10.3 CEVA Logistics AG
10.4 C.H. Robinson Worldwide Inc.
Exhibit 50: C.H. Robinson Worldwide Inc. – Overview
Exhibit 51: C.H. Robinson Worldwide Inc. – Business segments
Exhibit 52:C.H. Robinson Worldwide Inc. – Key news
Exhibit 53: C.H. Robinson Worldwide Inc. – Key offerings
Exhibit 54: C.H. Robinson Worldwide Inc. – Segment focus
10.5 Deutsche Bahn AG
Exhibit 55: Deutsche Bahn AG – Overview
Exhibit 56: Deutsche Bahn AG – Business segments
Exhibit 57: Deutsche Bahn AG – Key offerings
Exhibit 58: Deutsche Bahn AG – Segment focus
10.6 Deutsche Post AG
Exhibit 59: Deutsche Post AG – Overview
Exhibit 60: Deutsche Post AG – Business segments
Exhibit 61:Deutsche Post AG – Key news
Exhibit 62: Deutsche Post AG – Key offerings
Exhibit 63: Deutsche Post AG – Segment focus
10.7 DSV Panalpina A/S
Exhibit 64: DSV Panalpina A/S – Overview
Exhibit 65: DSV Panalpina A/S – Business segments
Exhibit 66:DSV Panalpina A/S – Key news
Exhibit 67: DSV Panalpina A/S – Key offerings
Exhibit 68: DSV Panalpina A/S – Segment focus
10.8 FedEx Corp.
Exhibit 69: FedEx Corp. – Overview
Exhibit 70: FedEx Corp. – Business segments
Exhibit 71: FedEx Corp. – Key offerings
Exhibit 72: FedEx Corp. – Segment focus
10.9 Kuehne + Nagel International AG
Exhibit 73: Kuehne + Nagel International AG – Overview
Exhibit 74: Kuehne + Nagel International AG – Business segments
Exhibit 75:Kuehne + Nagel International AG – Key news
Exhibit 76: Kuehne + Nagel International AG – Key offerings
Exhibit 77: Kuehne + Nagel International AG – Segment focus
10.10 Nippon Express Co. Ltd.
Exhibit 78: Nippon Express Co. Ltd. – Overview
Exhibit 79: Nippon Express Co. Ltd. – Business segments
Exhibit 80:Nippon Express Co. Ltd. – Key news
Exhibit 81: Nippon Express Co. Ltd. – Key offerings
Exhibit 82: Nippon Express Co. Ltd. – Segment focus
10.11 United Parcel Service Inc.
Exhibit 83: United Parcel Service Inc. – Overview
Exhibit 84: United Parcel Service Inc. – Business segments
Exhibit 85:United Parcel Service Inc. – Key news
Exhibit 86: United Parcel Service Inc. – Key offerings
Exhibit 87: United Parcel Service Inc. – Segment focus
10.12 XPO Logistics Inc.
Exhibit 88: XPO Logistics Inc. – Overview
Exhibit 89: XPO Logistics Inc. – Business segments
Exhibit 90:XPO Logistics Inc. – Key news
Exhibit 91: XPO Logistics Inc. – Key offerings
Exhibit 92: XPO Logistics Inc. – Segment focus
11 Appendix
Exhibit 43: Vendors covered
Exhibit 44: Market positioning of vendors
Exhibit 50: C.H. Robinson Worldwide Inc. – Overview
Exhibit 51: C.H. Robinson Worldwide Inc. – Business segments
Exhibit 52:C.H. Robinson Worldwide Inc. – Key news
Exhibit 53: C.H. Robinson Worldwide Inc. – Key offerings
Exhibit 54: C.H. Robinson Worldwide Inc. – Segment focus
Exhibit 55: Deutsche Bahn AG – Overview
Exhibit 56: Deutsche Bahn AG – Business segments
Exhibit 57: Deutsche Bahn AG – Key offerings
Exhibit 58: Deutsche Bahn AG – Segment focus
Exhibit 59: Deutsche Post AG – Overview
Exhibit 60: Deutsche Post AG – Business segments
Exhibit 61:Deutsche Post AG – Key news
Exhibit 62: Deutsche Post AG – Key offerings
Exhibit 63: Deutsche Post AG – Segment focus
Exhibit 64: DSV Panalpina A/S – Overview
Exhibit 65: DSV Panalpina A/S – Business segments
Exhibit 66:DSV Panalpina A/S – Key news
Exhibit 67: DSV Panalpina A/S – Key offerings
Exhibit 68: DSV Panalpina A/S – Segment focus
Exhibit 69: FedEx Corp. – Overview
Exhibit 70: FedEx Corp. – Business segments
Exhibit 71: FedEx Corp. – Key offerings
Exhibit 72: FedEx Corp. – Segment focus
Exhibit 73: Kuehne + Nagel International AG – Overview
Exhibit 74: Kuehne + Nagel International AG – Business segments
Exhibit 75:Kuehne + Nagel International AG – Key news
Exhibit 76: Kuehne + Nagel International AG – Key offerings
Exhibit 77: Kuehne + Nagel International AG – Segment focus
Exhibit 78: Nippon Express Co. Ltd. – Overview
Exhibit 79: Nippon Express Co. Ltd. – Business segments
Exhibit 80:Nippon Express Co. Ltd. – Key news
Exhibit 81: Nippon Express Co. Ltd. – Key offerings
Exhibit 82: Nippon Express Co. Ltd. – Segment focus
Exhibit 83: United Parcel Service Inc. – Overview
Exhibit 84: United Parcel Service Inc. – Business segments
Exhibit 85:United Parcel Service Inc. – Key news
Exhibit 86: United Parcel Service Inc. – Key offerings
Exhibit 87: United Parcel Service Inc. – Segment focus
Exhibit 88: XPO Logistics Inc. – Overview
Exhibit 89: XPO Logistics Inc. – Business segments
Exhibit 90:XPO Logistics Inc. – Key news
Exhibit 91: XPO Logistics Inc. – Key offerings
Exhibit 92: XPO Logistics Inc. – Segment focus
11.1 Scope of the report
11.2 Currency conversion rates for US$
Exhibit 93: Currency conversion rates for US$
11.3 Research methodology
Exhibit 94: Research Methodology
Exhibit 95: Validation techniques employed for market sizing
Exhibit 96: Information sources
11.4 List of abbreviations
Exhibit 97: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Exhibit 93: Currency conversion rates for US$
Exhibit 94: Research Methodology
Exhibit 95: Validation techniques employed for market sizing
Exhibit 96: Information sources
Exhibit 97: List of abbreviations
Contact
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
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SOURCE Technavio
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