Germany Freight and Logistics Market Size, Share, and COVID-19 Impact Analysis, By Mode of Transport (Road Transport, Rail Transport, Air Freight, Sea Freight, and Inland Waterway Transport), By Service Type (Freight Forwarding, Warehousing & Distribution, Courier, Express, Parcel (CEP) Services, and Value-added Logistics Services), and Germany Freight and Logistics Market Insights, Industry Trend, Forecasts to 2033.
Industry: Automotive & TransportationGermany Freight and Logistics Market Insights Forecasts to 2033
- The Germany Freight and Logistics Market Size was valued at USD 215.11 Billion in 2023.
- The Market Size is growing at a CAGR of 3.22% from 2023 to 2033
- The Germany Freight and Logistics Market Size is Expected to Reach USD 295.37 Billion by 2033
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The Germany Freight and Logistics Market is Anticipated to exceed USD 295.37 Billion by 2033, growing at a CAGR of 3.22% from 2023 to 2033. Growing highway construction resulted in a streamlined national transportation supply chain.
Market Overview
Freight and logistics refer to the planning, execution, and control of the transportation of goods, services, and information from one location to another. It includes a range of tasks such as distribution, inventory control, warehousing, and transportation. Transport operators, logistics suppliers, freight forwarders, and shipping firms are important participants. Technological innovations such as automation, IoT, and GPS tracking have completely changed the sector by increasing productivity and cutting expenses. Globalization has raised the need for efficient logistics systems to ensure the seamless movement of products across borders. Sustainability programs are gaining traction, with an emphasis on lowering carbon emissions and implementing environmentally friendly practices. Freight and logistics are critical elements of the global economy, providing the foundation for the movement of goods and resources between industries. The logistics sector provides an extensive variety of services, including transportation, warehousing, and distribution. The Germany freight and logistics Market is always evolving to meet changing corporate and consumer expectations, with technological improvements, increased globalization, and growing environmental concerns determining the industry's future.
Report Coverage
This research report categorizes the market for the Germany freight and logistics market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany freight and logistics market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany freight and Logistics market.
Germany Freight and Logistics Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 215.11 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 3.22% |
2033 Value Projection: | USD 295.37 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 115 |
Segments covered: | By Mode Of Transport, By Service Type |
Companies covered:: | Dachser, DB Schenker, DHL Group, Kuehne + Nagel, United Parcel Service of America, Inc. (UPS), Hellmann Worldwide Logistics, Hapag-Lloyd, and other key companies. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
The freight and logistics sector is expected to grow at a rapid pace due to the increasing international trade in emerging nations. A spike in trade agreements, as well as improved global logistical infrastructure, bolsters growth. Efficient delivery and smooth supply chain integration are important elements influencing industry preference. In addition, increased building activity and infrastructure development make a substantial contribution to market value. The market's transformation was initially sparked by rapid delivery services, and e-commerce's revolutionary effects came next. The introduction of e-commerce and digital marketing methods, which respond to customer desires for fast, free shipping and competitive prices, greatly boosts market growth opportunities.
Restraining Factors
Rising geopolitical tensions could have significant impacts on the German freight and logistics market. Increased trade obstacles, such as tariffs or embargoes, may disrupt supply chains, resulting in delays and higher prices for transportation and logistics services. For example, heightened tensions between key trading partners may result in retaliatory actions, restricting the flow of goods.
Market Segmentation
The Germany freight and logistics market share is classified into mode of transport and service type.
- The road transport segment is expected to hold the largest market share through the forecast period.
The Germany freight and logistics market is segmented by mode of transport into road transport, rail transport, air freight, sea freight, and inland waterway transport. Among these, the road transport segment is expected to hold the largest market share through the forecast period. Road transport, which makes use of a vast network of roadways and infrastructure, efficiently moves commodities around the country. The means of transportation provides to a wide range of cargo needs, from small parcels to massive shipments, and makes a significant contribution to Germany's logistics scene.
- The freight forwarding segment is expected to hold the largest market share of the Germany freight and logistics market during the forecast period.
Based on the service type, the Germany freight and logistics market is divided into freight forwarding, warehousing & distribution, courier, express, parcel (cep) services, and value-added logistics services. Among these, the freight forwarding segment is expected to hold the largest market share of the Germany freight and logistics market during the forecast period. The industry deals with handling many facets of the logistics chain when moving items from one place to another. It includes organizing, coordinating, and carrying out shipments using various modes of transportation.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Germany freight and logistics market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Dachser
- DB Schenker
- DHL Group
- Kuehne + Nagel
- United Parcel Service of America, Inc. (UPS)
- Hellmann Worldwide Logistics
- Hapag-Lloyd
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In July 2022, to strengthen its European logistics capabilities, DFDS bought all of the shares of Dublin-based Lucey Transport Logistics Ltd. The acquisition is expected to significantly enhance its Irish logistics operations while complementing its current global solutions.
Market Segment
This study forecasts revenue at the Germany, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Germany Freight and Logistics Market based on the below-mentioned segments:
Germany Freight and Logistics Market, By Mode of Transport
- Road Transport
- Rail Transport
- Air Freight
- Sea Freight
- Inland Waterway Transport
Germany Freight and Logistics Market, By Service Type
- Freight Forwarding
- Warehousing & Distribution
- Courier
- Express
- Parcel (CEP) Services
- Value-added Logistics Services
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