Global Logistics Market 2017 Reach US$12 trillion With 6% CAGR Forecast To 2025
Logistics -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025
PUNE, MAHARASHTRA, INDIA, October 20, 2017 /EINPresswire.com/ -- Logistics Industry
Description
Wiseguyreports.Com Adds “Logistics -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025” To Its Research Database
Global logistics is expected to reach US$12 trillion in value by 2025, recording a 6% CAGR over the period. The key opportunities lie in construction industry and transportation of cement, metals, textiles and electronic components. Retail and wholesale, in the meantime, will become an increasingly challenging area with limited potential and growing supply chain complexity. .
OVERVIEW
Global Logistics Revenue On The Rise
2015 was a difficult year for global logistics companies. However, accelerating Asia Pacific economies and recovering manufacturing in Western Europe are expected to have a positive effect on global logistics, which started to recover in 2016 and is expected to continue solid growth in the next 10 years.
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RETAIL AND WHOLESALE LOGISTICS - LESS PROMISING AND INCREASINGLY CHALLENGING
Retail and wholesale growth is expected to stand at 4% CAGR over 2015-2025 -lowest among key logistics customers. China and the US are expected to remain lucrative markets that will account for over 50% of future value growth in retail and wholesale until 2025. Following growth of e-commerce, logistics companies will have to adopt innovative delivery solutions and integrate delivery systems.
CONSTRUCTION A SOLID CUSTOMER WITH STRONG FUTURE POTENTIAL
Construction expected to become the largest logistics customer in the next 10 years, outperforming retail and wholesale. Global construction CAGR of 7% over 2015-2025 will come mainly from Asia -China, India and Indonesia. Key future challenges are logistics in increasingly tightly urbanised areas and trend towards construction project fragmentation.
CEMENT, STONE AND CERAMIC PRODUCTS HOLDS THE LARGEST VALUE OPPORTUNITY IN MANUFACTURING
The cement, stone and ceramic products industry is already the largest logistics customer in manufacturing and additionally is expected to record the strongest growth -10% CAGR until 2025. The growth will be driven by quickly urbanising economies in Asia, the Middle East and Africa.
OTHER MANUFACTURING INDUSTRIES WILL OFFER GREAT OPPORTUNITIES
Apart from cement, other key areas of growth will be metals (especially non-ferrous and precious), textiles and electronic components that will each record turnover CAGRs of around 8% over 2015-2025.
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TABLE OF CONTENTS
Introduction
Scope
Key findings
Key findings ( cont /d)
WHERE ARE WE NOW?
Weak 2015
After a difficult 2015, growth expected to return in 2016
B2B demand for logistics on the rise
CHALLENGES IN RETAIL AND WHOLESALE
Disappointing retail and wholesale future performance
Complexity rises in retail logistics following growth of e-commerce
To succeed, logistics companies will need to adapt to…
STRONG RESULTS IN CONSTRUCTION
Construction to become a key customer and leading growth area
Construction logistics facing strategic and economic shifts
OPPORTUNITIES IN MANUFACTURING
Manufacturing industries to watch in the future
Cement, stone and ceramic products: F ollowing urbanisation
Automotive: R emains key logistics client, but future growth is limited
Metals: Increasingly important logistics clients
Textiles: F uture growth lies in Asia
Electronic components: S olid future performance
CONCLUSIONS
Conclusions
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Continued...
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