The Luxembourg Logistics and Warehousing Market is Expected to Reach USD 6.7 Billion by 2023: Ken Research
GURUGRAM, India, July 8, 2019 /PRNewswire/ --
- Increasing trade with European countries along with a growing and stable economy has supported the growth in Luxembourg logistics market.
- The growth of the e-commerce sector along with rising retail sector will drive the logistics revenue in the upcoming years.
Rising Trade: Luxembourg's economy has witnessed steady growth over the past few years. The trade with neighboring countries such as Germany, France, Belgium Italy and other European countries and along with China, has constantly driven freight movement. Export and import of goods to other countries in APAC, American and African countries also contributes a substantial share to the overall revenue of the logistics and warehousing market in Luxembourg.
Growth Enablers: The rising disposable income, surging demand for online purchases and upcoming rail infrastructure projects in the country will help the logistics industry in Luxembourg to grow. There is development of smart cities & IT systems, automation of processes, growth in e-commerce and development of warehouses at the borders of Luxembourg. Owing to substantial rise in online customer base & number of online orders, the E-commerce industry in the country is poised to register a double digit growth in the future. This will further attract companies to invest in freight forwarding as well as warehousing market in the country. The rise in demand for transportation of pharmaceutical & perishable products will act as a catalyst for the growth of the industry. Signing of trade agreements with China will further add to the total import and export of the country and further help the Logistics and warehousing market in the country to grow.
Competition: Major companies in Luxembourg logistics industry are looking for new avenues to increase their revenues in the coming years, from focusing on providing end to end supply chain management with keen focus on value added services to using robotics and automation in warehousing to decrease cost.
Analysts at Ken Research in their latest publication "Luxembourg Logistics (Air, Sea, Road, Rail Freight (International – Import and Export, Domestic), Warehousing (Industrial/ Retail, Container Freight, Cold Storage, Others), Value Added Services, 3PL, Courier Express and Parcel, Cold Chain, Express Delivery and E-commerce Logistics) Market Outlook to 2023" automation of technology, infrastructure development, tie-ups with E-commerce players will help the overall logistics industry in the country to grow. Luxembourg Logistics and Warehousing Market is expected to register positive CAGR of more than 6.6% during the period 2018-2023 with organized players expected to gain further share in the market.
Key Segments Covered
- Luxembourg Logistics and Warehousing Market
- By Services Mix (Freight Forwarding, Warehousing and Value added services)
- Luxembourg Freight Forwarding Market Segmentation
- By Freight Mode (Air Transport, Maritime Transport, Road and Rail) – Basis Revenue and Volume
- By International and Domestic Freight Forwarding
- By Flow Corridors ( Europe, Asia Pacific, Americas and ROW)- Basis International Freight Revenue
- By Normal and Express Delivery
- By Owned and Rented/3PL
- Luxembourg Warehousing Market
- By End User Industries, (Consumer & Retail, Pharmaceuticals & Healthcare, Fruits, Vegetables, Dairy & Beverages, Automotive and Others)
- By Business Model (Industrial/Retail Freight, Container Freight, Cold Storage and Others)
- By Integrated and Contract Logistics
- Luxembourg Value Added Services Market
- Luxembourg Express Logistics Market
- By Delivery (International and Domestic)
- By Mode (Air Express and Road Express)
- By End User (B2B and B2C & C2C)
- Luxembourg Cold Chain Market
- By Cold Storage and Cold Transport
- By End User Industries (Pharmaceuticals & Healthcare, Fruits, Vegetables and Dairy Products, Meat and Seafood and Others)
- Snapshot of E-commerce Market and E-Commerce Logistics
- Snapshot of Courier, Express and Parcel (CEP) Market
- SWOT Analysis of the Luxembourg Logistics and Warehousing Market
Key Target Audience
- Logistics Companies
- 3PL/4PL Companies
- Warehousing Companies
- Logistics and Warehousing Industry Associations
- E-commerce and Online Retail Companies
- Cold Storage and Transport Companies
- Venture Capitalist Firms
- Government and Other Regulatory Organizations
Time Period Captured in the Report:
- Historical Period - 2013-2018
- Forecast Period - 2018-2023
Companies Covered:
- Cargolux Airlines
- KUEHNE+NAGEL
- CFL Multimodal
- Luxair Cargo
- WDP
- Logistics4Pharma
- Qatar Airways Cargo
- Wallenborn
- DB Schenker
- DPD Group
- DHL
- POST Luxembourg
- Jost Group
- Cobelfret
- Arthur Welter
For more information on the market research report, please refer to the link below:
Other Related Reports
The report covers logistics infrastructure, value chain analysis, the overall market size in terms of revenue; segmentation by service mix for logistics and warehousing market, segmentation by mode of service, mode of freight, flow corridors, end users, third party logistics and integrated logistics for freight forwarding market; segmentation by air and ground express, domestic and international shipments, delivery period, intra city and inter-city shipments, market structure, region and offshore & on-shore shipments for courier and parcel market; segmentation by delivery period for e-commerce logistics market; segmentation by service mix for third party logistics market; segmentation by business model, geography, type of warehouses, third party logistics & integrated logistics and end users for warehousing market; segmentation by cold storage & cold transport and products for cold chain market; industry norms and regulations, trends and developments, issues and challenges, recent mergers and acquisitions, matrix of major companies, competitive scenario, company profiles and cross comparison with other logistics markets. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions for the logistics market.
The report provides a comprehensive analysis of Logistics and Warehousing Market in Qatar. The report also covers the overall competitive landscape and company profiles of major Freight Forwarding, Warehousing, Express Logistics, E-Commerce Logistics, and Outsourced Logistics Companies in Qatar. The report concludes with market projections for future and analyst recommendations highlighting the major opportunities and challenges for the Qatar Logistics and Warehousing Market.
Qatar Logistics and Warehousing Market have witnessed a robust growth over the past few years owing to the increasing globalization and expanding retail & FMCG market. The country has been observed to massively spend on infrastructure along with a strong performance of oil and gas sector which led to the growth in logistics and warehousing market.
Rising government support to improve trade relations with other countries, improving infrastructure, introduction of modern technologies, increasing number of logistics and warehousing service providers have driven the overall revenues of the industry.
The report provides a comprehensive analysis of the logistics market of Philippines. The report also covers logistics infrastructure in the country, value chain analysis of the market, the overall market size in terms of revenue; segmentation by service mix for logistics and warehousing market; segmentation by mode of service, mode of transport, flow corridors, mode of freight, type of delivery, owned and rented logistics services for freight forwarding market; segmentation by mode of transport, delivery type and business model for express logistics market; segmentation by channel, by time duration, by area of delivery and by payment method for e-commerce logistics market; segmentation by market for third party logistics market; segmentation by end users, domestic and international companies, business model and owned and rented warehouses for warehousing market; segmentation by seasonal demand for balikbayan box market; market drivers and trends, regulatory scenario, issues and challenges, SWOT analysis and company profiles. The report concludes with market projection for future markets described above and analyst recommendations highlighting the major opportunities and cautions.
The report provides a comprehensive analysis of the Logistics market in South Africa. The report covers the overall size and future outlook of South Africa Freight Forwarding, Warehousing, Cold chain, E Commerce logistics, Express and 3PL market in terms of value, segmentation on the basis of service mix, by geography, by ownership and by type of industries. The report also covers the competitive landscape and company profiles of major Freight Forwarding, Warehousing, Express Logistics, E-Commerce Logistics, and Outsourced Logistics Companies in South Africa. The report concludes with market projections for future and analyst recommendations highlighting the major opportunities and challenges.
South Africa Logistics Market has witnessed positive growth over the past few years owing to the rising demand from the FMCG, Retail, Automotive industries and E-commerce orders. The increase in the export and import value of goods have also driven the freight forwarding, warehousing and value added services segment in South Africa.
The report provides a comprehensive analysis of logistics and warehousing market in Poland. The report covers Poland logistics market by service mix (freight forwarding, warehousing and value added services), by industries (manufacturing, retail, motor vehicle & parts, food, plastic, furniture, paper and others), Poland freight forwarding market by freight mode (land and pipeline freight, water freight and air freight), by international and domestic freight forwarding, by major flow corridors (European countries, Asian Countries, North American countries and rest of the world), by delivery (normal and express), competitive scenario, future outlook and projections. The report also covers Poland warehousing market by geography (Warsaw, Silesia, Poznan, and others), by business model (Industrial/ Retail/ Agriculture, Container Freight/ inland Container Deport and Cold Storage), cross comparison of various regions in Poland on the basis of headline rent, effective rent and vacancy rate, classification of major warehousing hubs in Poland, competitive scenario, future outlook and projections. The report also covers Poland express logistics market by air and ground express, by B2B, B2C and C2C segment, by international and domestic express logistics service, competitive scenario, future outlook. The report also presents with a snapshot on e-commerce logistics market, CEP (Courier, Express and Parcel) market, cold chain logistics and third party logistics industry along growth drivers and trends, issues and challenges, industry norms and regulations, recent industry activities, competitive landscape of major players (PKP Cargo, DSV Group, Kuehne + Nagel, LOTOS Kolej Sp. Z. o. o, Yusen Logistics (Polska) Sp. z o.o., DB Schenker, DHL Poland, Raben Group and DPD Polska) in Poland logistics market.
Contact Us:
Ankur Gupta, Head Marketing
Ken Research Private Limited
[email protected]
+91-9015378249
Logo: https://mma.prnewswire.com/media/661352/Ken_Research_Logo.jpg
Share this article