Global and China Logistics Market to Grow During 2015-2021: Removal of Trading Barriers to Propel Market

The global and China logistics market is expected to grow rapidly during the period from 2015 to 2021 due to an increase in demand for logistics services across several regions. The increasingly prevalent trend of outsourcing adopted by multinational companies throughout the global industrial value chain will primarily drive the global and China logistics market during the forecast period.

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The Many Driving Factors of the Global and China Logistics Market

Removal of barriers on trading and the subsequent spread of globalization has supported the development of logistics services across all regions. Outsourcing activities in China and many regions across the globe have increased in the recent past. With increasing outsourcing activities, the supply chain has become more complex. Rapid development of the online retailing market has recently fueled the logistics market in China and across the globe. There has been a rise in the number of online deliveries of products due to the growing popularity of online shopping.

Advancements in technology, transaction handling, communication, and development of new products will eliminate the growth barriers for the global and China logistics market during the forecast period. Adoption of transaction tracking systems and applications by the logistics service providers has fuelled the development of the global and China logistics market. Tracking systems such as global positioning system (GPS), bar code systems, and radio frequency identification (RFID) will help develop the market for logistics, not only in China but also in various regions across the globe during the period between 2015 and 2021.

Logistics Services: Covering Major Regions Worldwide

The global logistics market is segmented on the basis of geography, transport, and applications, whereas the China logistics market is segmented on the basis of applications and transport infrastructure. By transportation, the global and China logistics market is divided into road transport, waterways transport, air transport, and rail transport. By applications, the global and China logistics market is segmented based on manufacturing services, retail, healthcare, banking, financial, trade, transportation, and other services.

The market’s leading players are helping online retailers manage their logistics better. By geography, the global market for logistics services is segmented on the basis of North America, Europe, Asia Pacific, and Rest of the World. Nations such as South Africa, India, Mexico, Turkey, Nigeria, and Brazil are expected to have the highest growth potential for the logistics market in coming few years. Increase in trading activities between the key market players and other developed countries will spur the overall demand for logistics services. The flow of goods within Asia, between South America and Asia, and between Africa and Asia has increased over a short period of time. Thanks to this, more opportunities for logistics services will be generated worldwide.

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Poor infrastructure, implementation of unfavorable regulations, and scarcity of domestic warehousing facilities are some of the challenges that the emerging markets will have to face in the competitive environment. Key market players from across the globe are introducing advanced technologies in logistics services. Some of the leading companies in the global and China logistics market are Orient Overseas Ltd. (Hong Kong), Changan Minsheng APLL Logistics Co. Ltd. (Hong Kong), Kuehne Negel Inc. (Switzerland), TNT Express N.V. (Netherlands), DHL Express (U.S.), China Ocean Shipping Company (COSCO) (China), FedEx Corporation (U.S), Sinotrans Limited (China), and Jiangsu Aucksun Co. Ltd. (China).

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