(MENAFN- GlobeNewsWire - Nasdaq) The market offers opportunities driven by the rise in industrial activities in chemicals, pharmaceuticals, and mining sectors, demanding safe transport solutionsDublin, June 11, 2025 (GLOBE NEWSWIRE) -- The "Hazardous Goods Logistics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" has been added to ResearchAndMarkets.com's offering.
The Hazardous Goods Logistics Market was valued at USD 274.2 billion in 2024 and is expected to reach USD 390.2 billion by 2030, rising at a CAGR of 5.90%. The market is expanding steadily due to increasing industrial activities across sectors like chemicals, pharmaceuticals, oil & gas, and mining - all of which require specialized logistics for the safe handling and transportation of hazardous materials. Regulatory mandates from organizations such as OSHA, IMDG, and ADR are pushing companies to adopt compliant and secure logistics solutions.
Advancements in technologies like IoT, GPS tracking, and blockchain are improving real-time visibility, safety, and traceability of hazardous goods during transport. Additionally, growing environmental and workplace safety concerns are prompting investments in eco-friendly transportation and employee safety training. Rising cross-border trade and the emergence of e-commerce for regulated hazardous materials also contribute to market expansion. Urbanization and infrastructure development in emerging economies further support logistics needs, reinforcing the essential role of hazardous goods logistics across global supply chains.
Key Market Driver
Rapid Industrialization and Expansion of High-Risk Industries: A key driver of the global hazardous goods logistics market is the continued industrial growth and expansion of sectors like chemicals, pharmaceuticals, oil & gas, mining, and heavy manufacturing. These industries routinely produce large volumes of hazardous substances that must be transported under strict safety and regulatory protocols.
Emerging markets across Asia-Pacific, Latin America, and Africa are witnessing industrialization at a rapid pace, increasing the need for specialized logistics systems. As these sectors grow, so does the requirement for secure transport systems capable of managing hazardous items such as flammable, toxic, and explosive materials. This has created sustained demand for purpose-built logistics services, including temperature-controlled transport, reinforced packaging, and compliant warehousing to mitigate risks and meet evolving safety standards.
Key Market Challenge
Complex Regulatory Compliance and Varying International Standards: Navigating the complex and inconsistent regulatory landscape is one of the biggest challenges in the hazardous goods logistics market. Different countries and regions maintain varying requirements concerning classification, labeling, packaging, documentation, and permissible transport modes for hazardous materials.
Logistics providers must remain compliant with regulations such as ADR in Europe, IMDG for maritime transport, and national guidelines like those from OSHA and the DOT in the United States. This regulatory diversity increases operational complexity and demands continuous updates to safety procedures and documentation protocols. Ensuring compliance across multiple jurisdictions can result in added costs and resource strain, especially for companies handling cross-border shipments, making regulatory adaptation a persistent hurdle.
Key Market Trend
Integration of Advanced Technologies for Enhanced Safety and Efficiency: The hazardous goods logistics market is witnessing a significant shift towards the adoption of advanced technologies aimed at improving safety, efficiency, and regulatory compliance. IoT-enabled sensors are being widely used to monitor conditions such as temperature, pressure, and humidity in real-time, ensuring that hazardous materials remain within safe limits throughout their journey.
These systems also detect anomalies early, reducing the risk of accidents. Additionally, GPS and telematics solutions are enhancing fleet visibility, route optimization, and driver management, leading to improved delivery accuracy and reduced response times. Blockchain is being explored for documentation and tracking, offering increased transparency and traceability across the logistics chain. Together, these innovations are setting new standards in hazardous materials transportation by minimizing risks and improving operational control.
Key Market Players Profiled:
Deutsche Post DHL Group Ceva Logistics Bollore Logistics DGD Transport Toll Group YRC Worldwide Inc. DB Schenker Hellmann Worldwide Logistics
Report Scope
In this report, the Global Hazardous Goods Logistics Market has been segmented into the following categories:
Hazardous Goods Logistics Market, By Product Type:
Flammable Explosive Radioactive Bio-hazardous Others
Hazardous Goods Logistics Market, By Application:
Industrial Healthcare Agriculture Others
Hazardous Goods Logistics Market, By Service:
Transportation Warehousing & Distribution Value-Added Services
Hazardous Goods Logistics Market, By Region:
North America United States Canada Mexico
Europe Germany France United Kingdom Italy Spain
Asia Pacific China India Japan South Korea Australia
South America Brazil Colombia Argentina
Middle East & Africa Saudi Arabia UAE South Africa
Key Attributes
CONTACT:
CONTACT:
Laura Wood,Senior Press Manager
...
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Comments
No comment