(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Nov 01, 2021, 06:53 /Comserve / -- Australia 3PL market With Top Countries Data, industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast
The changing business dynamics and the entry of global 3PLs led to the re-modeling of the supply chain. The trend of outsourcing increased in Australia, and it is expected to register a CAGR of over 8% during the forecast period of 2020-2025.
- The major companies are focusing on value-added services, to gain a competitive advantage over the other players. Good infrastructures, such as warehousing, distribution networks, and technological capabilities, are vital for the 3PL companies in Australia.
- The Australian logistics industry witnessed robust growth in express delivery services, supported by development in the e-commerce industry, which offers various value-added services, such as one day delivery and door to door services. This has further led to the development of 3PL services with international players entering the market.
Click Here to Download Sample Report >>
Key Market Trends
Growing Cold Storage Logistics
Refrigerated transportation has a deep penetration in the global economy, largely contributing to the Australian 3PL market's share. With the growing Australian population with an average rate of 1.6% per annum, the demand for the perishable (grains, fruits, and fresh meat) and pharma goods is increasing. The value of the refrigerated transportation market was USD 14.64 billion in 2019, and it is expected to register a CAGR of over 5.5% during the forecast period.
Among the recent developments in the refrigerated logistics in Australia, in October 2019, Automotive Holdings Group Refrigerated Logistics (AHGRL) announced the opening of a new depot in Mackay featuring frozen, chilled and ambient storage capability across two rooms and four temperature-controlled docks with capacity for 1600 pallets. This is expected to offer greater flexibility to the customers in their supply chain by enabling more efficient movement of bulk product closer to their end consumers.
The sector caters to refrigerated warehouse and distribution facilities and has attracted considerable overseas and local investment and development capital in the past few years. Companies like Blackstone and DWS are actively investing in the development of Australia's refrigerated logistics sector.
Heavy Equipment and Machinery Sector Fueling the 3PL Market
Australia has been a notable region among industry executives. In the past few years, a significant quantity of the high and heavy mining equipment was being imported in Australia. Australia's resources include huge quantities of raw materials, including oil and gas. The country is making agreements with China for the development of these raw materials that would boost the demand for 3PL services in the market.
Request For The Sample Report Here:
For instance, Komatsu, one of the world's leading manufacturers and suppliers of technologically innovative construction and mining equipment, has signed a new multi-year agreement with DHL to import more than a million kilograms of Komatsu machinery, equipment, and spare parts each year to Australia and New Zealand.
Competitive Landscape
The market is relatively fragmented, with a large number of local and international players, including DB Schenker, Linfox, Kings Transport, Invenco, and Yusen Logistics. The large companies are expanding and developing their operations through partnerships with the logistics solution providers and robotics companies. For instance, Ecom logistics collaborated with ShipStation- a shipping software developer to provide fulfillment service from the online store to clients and retail stores catering to a variety of industries including retail, health and lifestyle, and electronics.
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS AND INSIGHTS
4.1 Current Market Scenario
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Value Chain / Supply Chain Analysis
4.4 Industry Policies and Regulations
4.5 General Trends in Warehousing Market
4.6 Technological Developments in the Logistics Sector
4.7 Industry Attractiveness - Porter's Five Forces Analysis
5 MARKET SEGMENTATION
Request For Full Report >> Australia 3PL Market
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
MENAFN01112021004694010674ID1103082985
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.