Contract Logistics Market Projected to Register 4.6% CAGR to 2027 | Cargo Carriers (Pty) Limited, Ceva Logistics AG, DB Schenker, Deutsche Post AG, DSV A/S, Imperial Logistics
South Africa Contract Logistics Market to 2027 - Regional Analysis and Forecasts by Type (Outsourcing and Insourcing); Services (Transportation, Warehousing, Packaging Processes and Solutions, Distribution, Production Logistics, and Aftermarket Logistics); and End-user (Aerospace, Automotive, Consumer, High-Tech, Industrial, Pharma & Healthcare, and Retail)Contract Logistics Market to 2027 by Type (Outsourcing and Insourcing); Services (Transportation, Warehousing, Packaging Processes and Solutions, Distribution, Production Logistics, and Aftermarket Logistics); and End-user (Aerospace, Automotive, Consumer, High-Tech, Industrial, Pharma & Healthcare, and Retail) ? South Africa Analysis and Forecasts
The South Africa contract logistics market accounted for US$ 528.6 Mn in 2018 and is expected to grow at a CAGR of 4.6% over the forecast period 2019?2027, to account for US$ 782.2 Mn by 2027. Growth in the recent five years is primarily driven by increasing businesses in South Africa and their needs to optimize the supply chain costs. The retail sector is estimated to garner the highest market share in the South Africa contract logistics market by end-user whereas the automotive sector is anticipated to grow at a very high pace.
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Companies Profiled in this report includes: Cargo Carriers (Pty) Limited, Ceva Logistics AG, DB Schenker, Deutsche Post AG, DSV A/S, Imperial Logistics, Laser Group, Namlog, Onelogix Group, and UPS Supply Chain Solutions
South Africa has the largest economy in Africa, whereas it is the 40th largest economy in the world. As per the World Bank estimation, South Africa is considered to be a newly industrialized economy and is a developing country with its economy lying in the middle to upper-middle income range. The country is identified to be a key economy in the context of international affairs that has maintained noteworthy regional influence over the last few years. Few factors have had a positive influence on the development of the logistics sector in the country. The key factors that impact the industry include well-developed legal, financial, and transportation sectors. The transportation infrastructure in the country is highly advanced and is therefore considered to be the best in the African continent. However, factors such as rigid labor policies, poverty, and income inequality have posed stern challenges to the smooth growth of the logistics sector in the country and thereby challenged the growth of South Africa contract logistics market.
The economy of South Africa is an open trade economy where imports and exports account for close to 30% each in the national GDP. The South African region is a prime exporter of minerals and other manufactured goods. Owing to the abundant natural resources present in the country, South Africa leads the mineral exports in the region and also globally. Gold, chromium, and platinum are the most prominent minerals that are present in abundance in South Africa. Mining and agriculture form the primary source of income for the country?s population. These two end-sectors are significant end-users in the South Africa contract logistics market.
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Table of Content:
PART 1. INTRODUCTION 14
PART 2. KEY TAKEAWAYS 18
PART 3. RESEARCH METHODOLOGY 21
PART 4. CONTRACT LOGISTICS MARKET LANDSCAPE 25
PART 5. KEY MARKET DYNAMICS 31
PART 6. CONTRACT LOGISTICS - SOUTH AFRICA MARKET ANALYSIS 37
PART 7. CONTRACT LOGISTICS MARKET REVENUE AND FORECASTS TO 2027 - TYPE 41
PART 8. CONTRACT LOGISTICS MARKET REVENUE AND FORECASTS TO 2027 - BY SERVICE 47
PART 9. CONTRACT LOGISTICS MARKET REVENUE AND FORECASTS TO 2027 - BY END-USER 63
PART 10. CONTRACT LOGISTICS MARKET - INDUSTRY LANDSCAPE 80
PART 11. COMPANY PROFILE 83
11.1 CARGO CARRIERS (PTY) LIMITED 83
11.1.1 Key Facts 83
11.1.2 Business Description 83
11.1.3 Products and Services 84
11.1.4 Financial Overview 84
11.1.5 SWOT Analysis 85
11.1.6 Key Developments 87
11.2 CEVA LOGISTICS AG 88
11.2.1 Key Facts 88
11.2.2 Business Description 88
11.2.3 Product and Services 89
11.2.4 Financial Overview 89
11.2.5 SWOT Analysis 90
11.2.6 Key Developments 92
11.3 DB SCHENKER (DEUTSCHE BAHN AG) 93
11.3.1 Key Facts 93
11.3.2 Business Description 93
11.3.3 Products and Services 94
11.3.4 Financial Overview 94
11.3.5 SWOT Analysis 95
11.3.6 Key Developments 97
11.4 DEUTSCHE POST AG (DHL) 98
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