49% of Project Logistics Market Growth will come from APAC, Market Analysis, Technical Studies and Business Opportunity through 2025 – Yahoo Finance | Region & Cash

NEW YORK, July 22, 2022 /PRNewswire/ — Transportation is the dominant service type segment of the global Project logistics marketand it is expected retain its dominant position during the forecast period. Amidst the COVID-19 pandemic that started in December 2019International and national transport activities came to a standstill due to the implementation of lockdowns in many countries worldwide. Because of this, the demand for logistics services decreased, which in turn hampered the growth of this segment in 2020. In addition, the market value of project logistics is expected to decrease grow through $36.55 billionat a CAGR of 3.28% from 2020 to 2025, according to Technavio’s latest report.

Technavio has announced its latest market research report titled Project Logistics Market by Service and Geography – Forecast and Analysis 2021-2025

Technavio has announced its latest market research report titled Project Logistics Market by Service and Geography – Forecast and Analysis 2021-2025

Visualize the project logistics market with Technavio Intelligence. BROWSE THE RESEARCH REPORT SUMMARY TO LEARN MORE

Project logistics market 2021-2025: segmentation

Project logistics market vendors should focus on capturing business opportunities transport segment as it had 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 requirements of each project or customer. The increasing construction activities worldwide due to increasing industrialization and urbanization will trigger the demand for transportation services, which will drive the growth of project logistics market over the forecast period.

49% of market growth will come from APAC during the forecast period. China, Japan and India are the key markets for the market in APAC. The market growth in this region will be faster than the growth of the market in the regions. The rise in construction of infrastructure facilities and manufacturing facilities will facilitate market growth in APAC over the forecast period.

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Project logistics market 2021-2025: Increasing demand for project logistics from the automotive industry to promote growth

  • The increasing demand for automobiles has prompted automobile manufacturers to increase their production volumes. Large automobile companies set up production facilities in developing countries such as China and Indiadue to the availability of inexpensive materials and cheap labor.

  • This has created the need for an efficient automotive supply chain. Faced with numerous costs, automotive manufacturers and suppliers focus on finding new market opportunities and savings.

  • Most automotive companies hire external project logistics services that are cost effective and carry out logistics activities in a structured manner. This, in turn, will drive the growth of project logistics market over the forecast period.

Project Logistics Market 2021-2025: High Investment and Operational Cost to Challenge Growth

  • To ensure that logistics and marketing activities run smoothly, logistics companies must first make large investments. They also require high technical skills and enough resources, including the expertise to manage logistics operations by managing the increasing complexity.

  • This increases costs. Many companies have introduced wearable voice command tools to meet customer demand and increase their productivity and efficiency. Another significant factor that increases operating costs in project logistics is the high cost of transportation caused by the increase in fuel prices.

  • Fluctuations in fuel prices have reduced profits from fixed-term contracts as customers demand lower rates during contract renewals. Numerous countries around the world impose import duties and other taxes, resulting in high fuel prices.

  • Another key 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 (in ports). Therefore, the requirement of high investment and operating costs is expected to hamper the growth of the global project logistics market during the forecast period.

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Project logistics market 2021-2025: Scope

Technavio presents a detailed picture of the market by examining, synthesizing and aggregating data from multiple sources. Our report covers the following areas:

Project logistics market 2021-2025: provider analysis

  • CEVA Logistics AG

  • CH Robinson Worldwide Inc.

  • Deutsche Bahn AG

  • German 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 employ growth strategies such as organic and inorganic strategies to compete in the market.

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Project Logistics Market 2021-2025: Key Highlights

  • CAGR of market during forecast period 2021-2025

  • Detailed information on factors that will support the growth of the project logistics market in the next five years

  • Estimation of the size of the project logistics market and its contribution to the parent market

  • Predictions about upcoming trends and changes in consumer behavior

  • The growth of the project logistics market

  • Analysis of the competitive landscape of the market and detailed information about vendors

  • Comprehensive details of factors disrupting the growth of Project Logistics market vendors

Related reports:

Cross Border Ecommerce Logistics Market by Service and Geography – Forecast and Analysis 2022-2026: The market value should increase by $55.47 billion, with a CAGR of 11.71% from 2021 to 2026, according to Technavio’s latest report. 43% of the market growth will come 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 market growth in other regions. MORE RESEARCH FINDINGS CAN BE FOUND HERE

Chemical Logistics Market by Service and Geography – Forecast and Analysis 2020-2024: The market value should increase by $24.73 billion, growing at a CAGR of 14.31% from 2019 to 2024, according to Technavio’s latest report. The transportation segment will be significant during the forecast period. An increase in free trade agreements and the formation of a trading bloc between countries are driving demand for transportation services around the world. MORE RESEARCH FINDINGS CAN BE FOUND HERE

Market scope for project logistics

report coverage

details

page number

120

base year

2020

forecast period

2021-2025

Growth Dynamics & CAGR

Accelerate with 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

make a market contribution

APAC at 49%

Important consumer countries

China, USA, Japan, Germany and India

competitive landscape

Leading companies, competitive strategies, levels of consumer engagement

company profiled

CEVA Logistics AG, CH 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

Stem Market Analysis, Market Growth Drivers and Obstacles, Fast Growing and Slow Growing Segment Analysis, Impact of COVID 19 and Future Consumer Dynamics, Market Condition Analysis for Forecast Period,

Adjustment Preview

If our report does not contain the data you are looking for, you can contact our analysts and have segments adjusted.

Table of Contents:

1. Summary

2 market landscape

3 market size

4 Five Forces Analysis

5 Market Segmentation by Service

6 customer landscape

7 Geographical Landscape

8 drivers, challenges and trends

9 provider landscape

10 Vendor Analysis

11 Appendix

about us

Technavio is a leading global technology research and consulting firm. Her research and analysis focuses on trends in emerging markets and provides actionable insights that help companies 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 from 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive reporting, extensive research and actionable market insights to identify opportunities in existing and potential markets and to assess their competitive position in changing market scenarios.

Contact

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Technavio (PRNews photo/Technavio)

Technavio (PRNews photo/Technavio)

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