“Marked with the booming economy and a thriving foreign trade market, the logistics sector in Kenya experienced high growth in 2018.”
Analysts at Ken Research in their the latest publication “Kenya Logistics and Warehousing Market Outlook to 2023 – By Sea, Land, Pipeline, Air Freight Forwarding; International and Domestic Freight, Integrated and 3PL Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), 3PL Warehousing, Type of Warehouses; By Courier Express and Parcel Logistics and E-commerce Logistics” believe that the Logistics the market has grown due to Kenya’s strategic location in the Great Lakes region, government spending on the sector and increasing volumes and value of foreign trade.
Strategic Location: Kenya is the gateway to East Africa and its capital Nairobi is one of the most vibrant international trading hubs in Africa. Mombasa Port is crucial for international trade for not just Kenya but other neighboring landlocked countries such as Uganda. A new Lamu Port is under development along with a LAPSSET Corridor, which is expected to further open up Kenya to international trade. Direct flights to the US have started this year, which is expected to improve trade ties.
Infrastructure Development: Improving infrastructure in the country happens to be a key growth driver for the logistics industry of the county. The government of Kenya has allocated approximately USD 2.5 billion for the transport developmental projects. The willingness of international players to enter the market has made Kenya step up their logistics infrastructure and spending.
Growth in E-Commerce Sector: The presence of e-commerce players such as Jumia, Copia Global, Amazon and introduction of e-payment systems such as M-Pesa has rejuvenated the express delivery services. The services provided by the companies such as guaranteed delivery services, door to door delivery, order tracking and time-definite delivery have further strengthened the growth of the express logistics market in the country.
Dominance of Third-Party Logistics: For companies whose core business is not logistics it is advisable to outsource logistics contracts. It enables them to gain access to resources and capabilities that are not available internally. In Kenya, 40-50% of the cost of goods is due to logistics so outsourcing becomes all the more important as a function.
Technological Advancement: While GPS and Control Towers are standard practices in logistics in developed countries, it is employed by only big domestic players and international companies in Kenya. Supply chain visibility has become an increasing demand of clients and freight forwarders in Kenya are also stepping up to new technologies.
Key Segments Covered:-
Freight Forwarding Market
By Mode of Freight
Road Freight (Revenue, Transport Costs)
Rail Freight (Revenue, Volume, Stock of Transport Equipments, Railway Lines, Tariff and Volume Discounts
Air Freight (Revenue, Volume, Flow Corridors, Clearing & Forwarding Charges, Export/Import Rates)
Sea Freight (Revenue, Number of Ships & Containers, Volume, Principal Commodities, Clearing & Forwarding Charges)
Pipeline (Revenue, Throughput Volume)
By Type of Freight
International Freight Revenue
Domestic Freight Revenue
By Flow Corridors (Revenue, Volume of Trade, Principal Commodities)
Asian Countries
European Countries
Middle East
North America
African Countries
By Contract and Integrated
Contract Logistics Revenue
Integrated Logistics Revenue
By End User Revenue
Food and Beverages
FMCG
Industrial
Others (Construction, Chemical, Automotive and others)
Warehousing Market
Revenue by End User
FMCG
Horticulture
Retail
Revenue by Type of Warehouse
Closed Normal
Open Yard
Closed Ac
Cold Storage
Revenue by Contract and Integrated Logistics
Contract
Integrated
Revenue by Operation Model
Industrial/Retail
ICD/CFS
Cold Storage/Freezer/Chiller
Warehousing Space by Region
Nairobi
Mombasa
Others (Eldoret, Thika, Nakuru, Kiambu, Machakos and Kakamega)
Courier, Express and Parcel Logistics Market
Revenue by International and Domestic Shipments
International Shipments
Domestic Shipments
Revenue by Type of Express
Air Express
Ground Express
Revenue by Market Structure
B2B
B2C
C2C
3PL Logistics Market
By Market Type (Freight Forwarding and Warehousing)
Snapshot on E-Commerce Logistics Market in Kenya
Companies Covered
DHL
DB Schenker
CEVA Logistics
Kuehne Nagel
Panalpina
Maersk Line
Agility Logistics
FedEx TNT
Bollore Transport and Logistics
Siginon Group
Freight Forwarders Kenya
Key Target Audience
Freight Forwarding Companies
E Commerce Logistics Companies
3PL Companies
Consultancy Companies
Express Delivery Logistics Companies
Logistics/Warehousing Companies
Real Estate Companies/ Industrial Developers
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023
Keywords:-
Open Yard Warehouse Market Revenue Kenya
Closed AC Warehouse Market Share Kenya
Cold Storage Warehouse Market Kenya
Industrial Warehouse services Kenya
Retail Warehouse Market Report Kenya
Kenya Logistics Market Analysis
Road Freight Industry Kenya
Kenya Logistics Industry Growth
Kenya E-commerce Market Research Report
Warehousing & Freight Forwarder Services in Kenya
Kenya Logistics & Freight Services
For More Information, Refer To Below Link:-
Kenya Logistics and Warehousing Market
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
