“Marked with currency fluctuations and fall in real GDP, the logistics sector in South Africa experienced slow growth in 2018.”
High Logistics Costs: Fuel prices are very volatile, unpredictable and have an expensive cost in the logistic process. Rough Roads and Traffic congestions adds to the worries of the logistics companies. Companies involved in cross country trucking are faced with the prospect of nationwide e-tolls in the future which will increase the cost of logistics.
Infrastructure Development: The Government of South Africa has pledged to spend ZAR 813 Million over the next couple of years on Infrastructure and Cargo and Logistics already account for about 42% of all infrastructure spending. The focus on improvement of Infrastructure is aimed at improving the national transport network, assisting in mobilizing South Africa’s workforce and making local trade easier and more profitable.
Focus on International Trade: The AfCFTA agreement between the African regions is expected to increase the intra African trade by 52.3%. South Africa’s international trade is stronger than its domestic trade. The government of South Africa has focused on implementing activities which will further improve their international trade.
Rise in Technology: Logistic companies are constantly focusing on the increasing use of technology to improve the value addition to the customers. There are various projects which include digitalization and innovation projects with Drone Technology, Image ID and VR Trials in Warehousing.
Analysts at Ken Research in their latest publication “South Africa Logistics Market Outlook to 2023 – By Sea, Land, Air Freight Forwarding; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), 3PL Warehousing, Cold Chain Market; By Express Logistics and E-commerce Logistics” believe that the Logistics market has grown due to technological advancements in the logistics industry along with rise in imports and exports and growth in the Cold Chain market in the country. The current and future situation is challenging for logistics industry as the industry is consolidating and is experiencing reliability and cost efficiency challenges with poor fleet maintenance that struggle across inadequate road, rail and port infrastructure.
Key Segments Covered:-
Freight Forwarding Market By,
Mode of Transport (Road Freight, Rail Freight, Sea Freight, Air Freight, Pipeline Freight)
International and Domestic Freight (International, Domestic)
Flow Corridor- International Corridor (Asian Countries, European Countries, Americas, Middle East Countries, African Countries)
Type of Delivery (Express, Non Express)
Method of Performing Services (Integrated Logistics, Contract Logistics)
Warehousing Market By,
End Users (Consumer and Retail, Food and Beverages, Automotives, Healthcare and Pharma, Others)
Business Model (Industrial/Retail, Container Freight/Inland Container Depot, Cold Storage)
Owned and Rented
Regions (Johannesburg, Durban, Cape Town, Port Elizabeth, East London)
Cold Chain Market By,
Type of Market (Cold Transportation, Cold Storage)
Application (Meat and Seafood, Fruits and Vegetables, Dairy Products, Bakery and Confectionary, Pharmaceuticals and Healthcare and Others)
Ownership (Owned and Rented)
Cold Storage Market Segmentation By Temperature of Storage (Ambient, Frozen, Chilled)
Regions (Johannesburg, Cape Town, Durban)
Cold Transportation Market Segmentation By Type of Possession (Owned, Rented)
Mode of Transportation (Land, Sea, Air)
Location (Domestic, International)
Express Logistics Market by,
International and Domestic Express (International, Domestic)
Type of Express (International) (Air, Ground)
Type of Express (Domestic) (Air, Ground)
Market Structure (B2B, B2C and C2C)
E Commerce Logistics Market by,
Delivery Time Duration (1-2 Working days, 3-5 Working days, More than 5 Working days)
Express/Normal
Merchant/3PL
Outsourced/3PL Logistics Market by,
Market Type (Freight Forwarding, Warehousing, VAS)
Companies Covered:-
DHL
Imperial Logistics
DSV
DB Schenker
Barloworld Logistics
DPD Laser Express Logistics
ID Logistics
OneLogix
CEVA Logistics
City Logistics
Cargo Carriers
Kargo Logistics
Vital Distribution
ACT Logistic
Santova Logistics
GMA Logistics
Kuehne Nagel
Key Target Audience:-
Logistics Companies
Warehousing Companies
Freight Forwarding Companies
Express Logistics Companies
E-Commerce Logistics Companies
Outsourced Logistics Companies
E-Commerce Companies
Cold Chain Logistics Companies
Companies seeking logistics Services
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023E
Keywords:-
South Africa Logistics Market
Logistics Industry In South Africa
South Africa Logistics Market Major Players
South Africa Logistics Market Revenue
South Africa Air Express Logistic Market
South Africa 3PL Warehousing Market
South Africa Freight Forwarding Industry
South Africa Rail Freight Cost
South Africa Air Freight Cost
RORO Volume South Africa
Dry Bulk Cargo Volume South Africa
Sea Cargo Traffic Johannesburg
South Africa Cold Chain Industry
Kargo Logistics South Africa Market
Santova Logistics Market South Africa
DHL South Africa Logistics Market Revenue
South Africa 3PL Market Revenue
For more information, refer to below link:-
Related Reports:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
