Cash Logistics Market Size is Projected to Reach $30.7077 Billion by 2025 - Valuates Reports

Cash logistics market Overview: 2025

The global cash logistics market size was valued at $16.5 Billion in 2017, and is projected to reach $30.7077 Billion by 2025, registering a CAGR of 7.8% from 2018 to 2025.

Cash logistics service refers to the physical movement as well as handling of cash from one location to another. It consists of services such as cash-in-transit, cash management, and ATM replenishment. Physical movement of cash from one location to another is included in cash-in-transit services. Cash management consists of services such as wrapping, sorting, checking quality of bills, and others. Adoption of cash logistics services reduces operating cost, provides efficient project management, dependable infrastructure, and others.
In 2017, LAMEA accounted for the highest share in the global cash logistics market.
Cash logistics solutions mainly consist of cash management and security solutions such as cash-in-transit, cash management services, ATM replenishment & services, money processing, vault outsourcing, international transportation of valuables, intelligent safe services and payment services. Cash logistics services are majorly consumed by retailers, financial institutions, government agencies (central banks), jewelers, mints, and other commercial operations around the world. Advantages such as robust deployment process, strategic partnership, efficient project management, and others, is also provided by cash logistics companies.
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Growth in circulation of cash
The growth in circulation of currency in the economy has led to the increase in need of cash logistics solutions such as cash-management, cash-in-transit, ATM services, and others. For instance, in November 2018, the Reserve Bank of India (RBI) announced the increase of around 49,000 crores in the currency in circulation in India, which was the highest ever increase since demonetization. Adoption of cash logistics services makes cash management efficient and has advantages such less chance of mistakes, efficient cash flow, and others. Therefore, the rise in cash circulation boosts the growth of the global cash logistics market.

Rise in demand for safe & vault for cash management
There has always been a huge requirement for safety vaults and locks from the banking sector for cash storage and other items of value. To protect these vaults from unwanted external infiltration, the vaults are bugged with alarm arrays and anti-theft equipment. Doors, panels, and locks of these vaults have features such as emergency ventilators, embedded integrated light switches with electrical boxes, and low-cost maintenance. Considering the developing countries such as India, China, Indonesia, and others, the rise in disposable income of the population generates demand for the safety systems and the cash management systems. The rise in the number of ATMs worldwide boost the growth of the banking sector with the global ATM market estimated to reach $20 billion by 2020. These safes find a place with the ATMs to protect them from gas attacks and physical cutting ram raids or drilling.

Increase in cash-in-transit vehicle robberies
The rate of cash-in-transit vehicles heist has increased exponentially in recent days. For instance, the increase in cash robbery is one of the major factors in South Africa, which discourages cash logistics agencies from opting for cash payment. In the past financial years, the cash-in-transit heist increased by around 56%, which led to the reduction of cash movement by cash logistics companies. Thus, increase in cash-in-transit vehicle robberies hampers the growth of the cash logistics market.

Rise in cash demand from emerging economies
There has been a steady shift of operational bases by multinational cash logistics companies to the emerging markets, such as Asia, South America, and the Middle East. The European banking crises in 2009 led these moves, as the cash logistics companies took a big hit during the crises, with many banks and financial institutions requiting bailouts. Cash logistics companies are also moving to developing markets to expand their reach and avail first-mover advantage in these markets. The economies, such as India, China, and Brazil, have grown significantly since the global economic recession of 2008-2009. This in turn is expected to create numerous opportunities for market expansion.

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The cash logistics has witnessed significant growth over the years, owing to increase in circulation of cash worldwide.

The global cash logistics market is segmented based on services, end user and region. Based on service, the market is categorized into cash management, cash-in-transit, and ATM services. Based on end-users, it is segregated into financial institutions, retailers, government agencies, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players analyzed in the commercial telematics market include The Brink's Company, Cash Logistics Security AG, CMS Info Systems Ltd., G4S plc., Garda World Security Corporation, Global Security Logistics Co, GSLS, Lemuir Group, Loomis, and Prosegur Cash, S.A.

Key Benefits for cash logistics market:
This study presents the analytical depiction of the global cash logistics market along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2018 to 2025 to highlight the financial competency of the market.
Porter's five forces analysis illustrates the potency of the buyers and suppliers.

Cash logistics Key Market Segments:

By Service
Cash management
Cash-in-transit
ATM services

By End-user
Financial institutions
Retailers
Government agencies
Others

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By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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