Africa Logistics and Warehousing Market Research Report: Ken Research
by Rati Ram Business Developer“On the back of
the new Intra-regional trade and improving foreign trade ties, the logistics
sector in Africa experienced a growth in 2018.”
Analysts at Ken Research in their latest publication “Africa
Logistics and Warehousing Outlook to 2023- By Countries (South Africa, Kenya, Tanzania, Uganda,
Nigeria, Namibia and Botswana), Freight Forwarding (Mode of Freight (Road,
Rail, Air, Sea and Pipeline), By End Users and by Contract Logistics and
Integrated Logistics Warehousing (Type of Warehouses, By End Users and by
Contract and Integrated Logistics" believe
that the Logistics and Warehousing market of the continent is at its growing
stage. Growth in the intra regional trade would help boost the market.
Intra Regional Trade: With the help of the African Continental Free Trade Area there
comes an establishment of a single continental market for goods and services
which seeks to increase intra-African trade by cutting tariffs by 90% and
harmonizing trading rules at a regional and continental level. If the trade
agreement turns out to be successful the intra-African trade is expected to increase
by 52.3% by 2022.
Growing Third Party Logistics: Growth of Third Party Logistics in Africa has increased by sharing assets, warehousing capacities, and even truckloads. This can enable you to bridge efficiency gaps, avoid under- and over-capacities, reduce the cost of specialized freight services, and eventually foster horizontal collaboration in the sector. This has helped both the prominent and the local players as the former is able to have a larger reach to the clients whereas the latter is able to have an access to their fleet.
Higher Cost of Logistics: The cost of logistics and warehousing in the continent is extremely high as compared to other regions. In some areas of the continent the transport cost even accounts for a higher trade barrier than the import tariffs or any other trade restrictions. For the East African Community the logistics cost range between 1.7% and 2.8% of the GDP of those economies. Even a single day’s reduction in the inland travel times could lead to a 6-8% increase in the exports which is almost equivalent to the increase in exports which would have taken place with a 1.5% cut in import tariffs of a country. It has also been estimated that a 10% drop of the logistics costs could help increase trade by 25% across the continent.
Retailers
and Wholesalers are Major End Users: The largest revenue providers for the
logistics market are the retailers and the wholesalers. Slower retail growth in
South Africa has made the logistics companies explore other countries such as
Algeria, Kenya and Angola.
With respect to Algeria, the retail industry logistics is expected to grow by
double digits by 2020. The government of Algeria has plans for the construction
of a deep water port at El Hamdania which would also act as a catalyst for the
growth of logistics in Africa.
Key Segments Covered
Africa Logistics and Warehousing:
By
Service Mix (Freight Forwarding, Warehousing and Courier and Parcel Activities)
Africa Freight Forwarding:
By
Mode of Service (Road Freight, Rail Freight, and Air Freight)
By
Contract and Integrated Logistics
By
End Users (Food, Beverages and Consumer Retail, Automotive and Healthcare and
Others)
Africa
Warehousing
By
Type of Warehouses (Open, Closed, Cold Storage)
By
End Users (Food and Beverages, Automotive, Consumer Retail, Healthcare and
Others)
By
Contract and Integrated Warehousing
Africa Companies Covered
Bollore
Africa Logistics
Kuehne
Nagel
DHL
Maersk
DSV
Panalpine
CEVA
Logistics
DB
Schenker
Country Profiles
Botswana
Namibia
Tanzania
Uganda
Kenya
Nigeria
South
Africa
Key Target Audience
Freight Forwarding Companies
Freight
Forwarding Consultancy Companies
Contact
Logistics Companies
Warehousing
Companies
Warehousing
Consultancies
Venture
Capitalists, PE
Freight
Tech Companies
Investment Banks
Time Period Captured in the Report:-
Historical
Period – 2013-2018
Forecast
Period – 2019(E) -2023 (E)
Key Topics Covered in the Report:-
Logistics
Infrastructure in Africa
Africa
Freight Forwarding Market Overview
Africa
Freight Forwarding Market Size Country Profiles (Botswana, Namibia, Tanzania,
Uganda, Kenya, Nigeria and South Africa)
Competitive
Scenario in Africa Freight Forwarding Market
Company
Profiles of Major Players in Africa Freight Forwarding Market
Africa
Freight Forwarding Market Future Outlook and Projections
Africa
Freight Forwarding Future Market Size
Africa
Freight Forwarding Market Future Segmentation
Analyst
Recommendations
Africa
Warehousing Market Sixe
Competitive
Scenarios in Africa Warehousing Market
Africa
Warehousing Future Outlook and Projections
Warehousing
Future Market Size and Segmentation
Analyst
recommendation
Snapshot on Africa courier , Express and Parcels Market
For more information on the research
report, refer to below link:
Africa
Logistics and Warehousing Market
Related reports
Contact Us:
Ken Research
Ankur Gupta, Head Marketing
& Communications
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Created on Nov 29th 2019 05:41. Viewed 372 times.