Australia Freight and Logistics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032
IMARC Group, a leading market research company, has recently released a report titled “Australia Freight and Logistics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the Australia Freight and Logistics Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Australia Freight and Logistics Market?
As per the study, the Australia
Freight and Logistics Market is expected
to continue its growth trajectory during the forecast period (2024-2032). The
rise of e-commerce, which has transformed the retail landscape, leading to
increased demand for fast and reliable logistics services, is primarily driving
the market growth across the country.
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Australia
Freight and Logistics Market
The increasing
cross-border trade activities, along with the bolstering e-commerce sector, are
primarily driving the growth of the Australia freight and logistics market.
Besides this, the expanding automotive and electronics industries in the
country are also augmenting the need for efficient logistics services, which is
providing a positive outlook to the market. Moreover, the emerging popularity
of third-party logistics (3PL) providers, as they offer comprehensive logistics
solutions that cater to the varying needs of businesses, is also catalyzing the
market growth.
Apart from this,
ongoing technological advancements, such as the integration of GPS tracking
systems, IoT, and advanced analytics to improve the efficiency and transparency
of logistics operations, are further bolstering the growth of Australia freight
and logistics market. Additionally, the rising focus on sustainability is
driving the demand for eco-friendly vehicles and practices in logistics to
reduce the environmental impact. Moreover, the government authorities in
Australia are extensively investing in transportation infrastructure, including
ports, roads, and railways, with the aim of enhancing logistics efficiency.
This, in turn, is acting as a prominent growth-inducing factor. Furthermore,
the growing economy of the country and the rising foreign investments are
expected to drive the growth of the Australia freight and logistics market in
the coming years.
Australia
Freight and Logistics Market Segmentation:
Breakup By Logistics Function:
·
Courier, Express and Parcel
o By Destination Type
§ Domestic
§ International
·
Freight Forwarding
o By Mode of Transport
§ Air
§ Sea and Inland Waterways
§ Others
·
Freight Transport
o By Mode of Transport
§ Air
§ Pipelines
§ Rail
§ Road
§ Sea and Inland Waterways
·
Warehousing and Storage
o By Temperature Control
§ Non-Temperature Controlled
§ Temperature Controlled
·
Others
Breakup By End-Use Industry:
·
Agriculture
·
Fishing and Forestry
·
Construction
·
Manufacturing
·
Oil and Gas
·
Mining and Quarrying
·
Wholesale and Retail Trade
·
Others
Breakup By Regional:
·
Australia Capital Territory
& New South Wales
·
Victoria & Tasmania
·
Queensland
·
Northern Territory &
Southern Australia
· Western Australia
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Key Highlights of the Report:
·
Market Performance (2018-2023)
·
Market Outlook (2024-2032)
·
Market Trends
·
Market Drivers and Success Factors
·
Impact of COVID-19
·
Value Chain Analysis
·
Comprehensive mapping of the competitive
If you require any
specific information that is not covered currently within the scope of the
report, we will provide the same as a part of the customization.
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