Freight Forwarding Companies in Germany: Ken Research

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The report includes Germany logistics, freight forwarding, warehousing, cold chain, third party logistics, express delivery market size in terms of value, segmentation on the basis of service mix (freight forwarding market, warehousing market and value added services) and by type of industries (oil & gas, engineering equipment, food & beverages, metals, automotive and others). The report also covers value chain analysis for logistics market, comparative analysis of Germany logistics market with other global logistics markets, trends and developments, issues and challenges, industry norms and regulations and recent developments in the market. The report also covers the competitive landscape of the industry and comprehensive profile of major players (Deutsche Post World Net, DB Schenker, Dachser, Kuehne + Nagel, UPS, Hellmann Worldwide Logistics, Hermes Group) operating in the market. The report includes future outlook and projections of Germany logistics market, freight forwarding market, cold chain market, warehousing market, 3PL market and express delivery logistics market. Major macroeconomic indicators and upcoming projects affecting the market have also been highlighted in the report.

  • Innovative logistics solutions, real-time control, electro mobility, yard management, automation in material handling and the digitalization of chemicals logistics at refineries are some of the key drivers that will shape the German logistics market in near future.
  • German logistics market is thriving, boosted by a favorable economic backdrop stimulating exports, retail sales and consumer spending.

Germany is the largest logistics market in Europe boosted by the strong activity in its manufacturing industry and demand from logistics providers. The German economy expanded more rapidly in 2017 than in the previous year, driven by strong domestic consumption. With the growing consumer spendings and brisk labor market, logistics market will witness robust growth in upcoming years. Additionally, it is anticipated that increased consumption of perishable foods and demand for generic pharmaceutical products in Germany is going to drive significant growth in the cold chain logistics market in the next few years. Extensive use of real time analytics to track & trace the network, to minimize delay & wastage and to improve operational efficiency will shape German logistics market in upcoming years.

Due to rapid growth of the e-commerce sector and increasing customer expectations regarding same day delivery and same hour delivery, demand for logistics space in Germany is likely to continue to grow in the upcoming years. Technologies such as artificial intelligence, RFID, GPS tracking and automation have been overtaking traditional models of warehousing which will aid the overall logistics sector of the country. It is anticipated that retail and FMCG providers will be expanding their warehouse spaces to new logistics hubs and cities to accommodate just in time deliveries. Truck platooning, semi-autonomous trucks, and digitized cranes will further aid the overall market growth.

Rising Import and Export of Goods in Germany, growing air transport freight, increasing number of enterprises in transportation industry, container port traffic and infrastructure expenditure are some other key factors that may have positive impact on the market, according to the Analyst at Ken Research.

Ken Research in its latest study, Germany Logistics Market by Service Mix (Freight Forwarding Market, Warehousing Market and Value Added Services), by Third Party Logistics, by Cold Chain Logistics, by Express Delivery and by Industries (Oil & Gas, Engineering Equipment, Food & Beverages, Metals, Automotive and Others) – Outlook to 2022, suggests that demand for logistics in the country will grow at a positive growth rate owing to growing e-commerce sector coupled with growing manufacturing industry in the country.

 

For more information on the research report, refer to below link:

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/germany-market-research-report/142308-100.html

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