Africa Logistics and Warehousing Market to Reach around USD 80 billion by 2023: Ken Research
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.
The growth of the
retail sector in Africa can help boost the logistics sector of Africa. The retail industry logistics is
expected to grow by double digits by 2020. Furthermore 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.
A “One Stop Border Post” is being developed between Kenya and Tanzania
in order to boost the trade and tourism. The 240km road is of much importance
to the East African and spreads from Tunduma in southern Tanzania to Moyale in
northern Kenya and onwards to Addis Adada. This would facilitate the movement
of goods across the region.
More than 70%
of the world’s largest consumer goods
companies are already operating in
Africa, and there are a number of high-profile companies making big bets in
the region.
Growing internet penetration across
the continent is increasing market connectivity by putting more customers
online and allowing businesses to use cloud services. This would continue to
drive innovation in the logistics sector as African startups find ways to cut
out intermediaries, remove burdensome operational processes, and optimize
supply chains.
Business-to-business (B2B) focused startups will continue to drive the growth of African logistics
sectors. While consumer-facing logistics players are seeing promising
growth due to rapid urbanization and rising ecommerce penetration,
enterprise-focused companies are expected to dominate Africa’s logistics sector
in the short to medium term. The low
demand for consumer goods due to low purchasing power in many African
markets and the lack of reliable
addresses for last-mile delivery has
given rise to the B2B startups. As a result, the most viable option
for logistics startups will continue to meet the needs of businesses.
AfCFTA promises to unlock Africa’s economic
potential by
boosting the intra-regional trade. Eritrea is the only African country which is
not a part of the agreement. By the end of 2018 only 15% of the African exports
went to other African countries as compared to the intra-trade levels of 58% in
Asia and 67% in Europe. If the trade agreement turns out to be successful the
intra-African trade is expected to boost by 52.3% by 2022.
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(F) -2023 (F)
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 by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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