Aug 04, 2020 (Market Insight Reports) -- The report provides a unique tool for evaluating the Australia Freight And Logistics Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends to identify emerging technologies and development and focuses on market capacities and on the changing structure of the Australia Freight And Logistics Industry.
The Australia Freight And Logistics market is estimated to witness a growth rate of 2.5% over the forecasted period of 2019 to 2024.
Top Companies : Deutsche Post DHL Group, Yusen Logistics Co. Ltd, DB Schenker, CEVA Logistics, Agility Logistics Pvt. Ltd, Mainfreight Limited, Kuehne + Nagel International AG, FedEx Corporation, DSV, 6.2.10 Hellmann Worldwide Logistics, Linfox Pty Ltd., SCT Logistics, Aurizon Holdings Limited, Qube Holdings Ltd, Kings Transport, Toll Group, K&S Corporation Limited, Lindsay Australia, AirRoad Group
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Scope of the Report: The report covers statistics and qualitative analysis on Ecommerce industry, Courier express and parcel industry, Freight transportation rates, and intermodal transportation in Australia. Threat of new entrants in the market is low due to the high initial setup cost and intense rivalry among the present players. Government has played an important role in development of the freight and logistics market by helping improve the freight network throughout Australia.
Key Market Trends
Growing Urban Population Reasons for Busy Urban Freight Transport
Growth in online shopping may affect the small goods transportation in the near future. Industry data shows that between 2006 and 2014, the number of light commercial vehicles grew by 35%, almost twice the rate of passenger vehicles (19.1%) and rigid trucks (20.78%). This indicated the importance of urban supply chains in a growing services economy.
The projected population growth and infrastructure demand in all Australian cities are significant concerns for the logistics sector. The Australia Infrastructure Audit found that the capital cities contributed AUD 854 billion to the economy in 2011, and are projected to contribute AUD 1,621 billion in 2031. Majority of economic activities occur in the major cities, so urban freight may be as important for future growth as the traditional long-distance freight.
The scale of potential growth in freight in some urban areas and along some corridors in cities is such that there may be a greater need to operate freight networks much more intensively in off-peak periods. This is likely to encounter strong resistance from the affected communities, which means that the strategy should also provide some guidance on how the industry can establish a license to operate in the changing economy, that is, how operators can strike a balance between meeting the community expectations and customer demand.
E-commerce is Rapidly Evolving in Australia
Australian e-commerce is rapidly evolving, as consumers might fall further in love with online buying. As many as 4.6 million Australians accessed Amazon US, in October 2017. Amazon US ranked second, in terms of unique visitors, while Woolworths was visited by 6.7 million Australians.
E-commerce holds a 1.80% share in Australias GDP. Australia ranks second on the global e-government index, 13th in the ease of doing business index, and 16th in the logistics performance index.
As many as 33% of Australian e-shoppers buys from abroad, due to better availability of products, while 32% buys due to the appealing offers. This makes Australian e-commerce an attractive market for both local and international businesses.
Between now and 2020, the value of Australian e-commerce sales is anticipated to grow by 50%, and this is a major factor that driver the freight and logitics market due to increasing volume of international cross-border trade.
Explore Full Report With Detailed TOC Here:
-Detailed overview of Australia Freight And Logistics Market
-Changing Australia Freight And Logistics market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current and projected Australia Freight And Logistics market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Australia Freight And Logistics Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
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