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South Africa Logistics Market Gears Up for Growth: $55.7 Billion Boom by 2027 Fueled by Infrastructure & E-commerce: Ken Research
Beyond simply moving goods, South Africa's logistics industry plays a crucial role in supporting economic growth, facilitating regional trade, and ensuring essential supplies reach every corner of the nation. In 2022, the market stood at , and it's on track for remarkable growth, fueled by:
The report delves into the various segments of the South African logistics market, offering a comprehensive view:
The market features a mix of established local players, international giants, and innovative startups:
Despite the promising outlook, some challenges need to be addressed:
The South African logistics market is poised for continued growth, driven by several exciting factors:
This report offers valuable insights for various stakeholders in the South African , including:
South Africa's logistics market stands poised for a remarkable journey, fueled by strategic infrastructure investments, a booming e-commerce landscape, and its position as a gateway to sub-Saharan Africa. By embracing technological advancements, fostering collaboration between established players and innovative startups, and addressing key challenges like skills gaps and rural infrastructure limitations, the sector can unlock its full potential. This will not only benefit businesses and investors but also empower communities across the nation, ensuring seamless access to goods and services while minimizing environmental impact. Ultimately, navigating these opportunities and overcoming challenges will determine whether South Africa's logistics market can truly solidify its position as a regional leader, connecting communities, driving economic growth, and propelling the nation towards a more prosperous and integrated future.
Freight Forwarding
Warehousing
Courier, Express Parcel Market
Value Added Services
Sea
Road
Air
Rail
Retail
Automobile
Pharma
Others
Industrial/Retail Warehouses
CFS/ICD Warehouses
Cold Storage
Agriculture and Other Warehouses
Retail including Garments, Cosmetics
Automotive & Engineering
E- Commerce
Pharma/ Healthcare
Others
Domestic Shipment
International Shipment
E-Commerce
Retail
Others
Market Size of Vietnam Logistics is expected to show increasing trend from 2022 to 2027. This is owing to rising economy, adoption of e-commerce, China plus one strategy and initiatives by the government. Also, development of roads across Vietnam for better connectivity under Vision 2030 is expected to add to the efficiency of logistic related operations.
According to Ken Research estimates, the Market Size of Indonesia Logistics has shown increasing trend from 2017 to 2021. However, drop was observed in 2020. This is owing to fear and social distance among service providers during pandemic. Market Size of Logistics market is expected to show a decent growth trajectory from 2022 to 2027 at CAGR of 10%. This is mainly due to rapid infrastructural development which has led to services being able to reach previously un-accessible regions.
According to Ken Research estimates, the Market Size of KSA Logistics has shown increasing trend from 2017 to 2021. However, drop was observed in 2020. This is owing to fear and social distance among service providers during pandemic. Market Size of Logistics market is expected to show a decent growth trajectory from 2022 to 2026 at CAGR of 5.7%. This is mainly due to rapid infrastructural development which has led to services being able to reach previously un-accessible regions.
According to Ken Research estimates, the Market Size of Singapore Logistics has shown increasing trend from 2019 to 2022. The Singapore logistics sector supports the second-largest economy on the continent, and is relatively sophisticated. Local and international companies use Singapore as gateway for their operations into Africa . The logistics operators are making significant investments in automation and digitalization in order to address security concerns, improve loss prevention as well as efficiency.
Ken Research Private Limited
Ankur Gupta , Director Strategy and Growth
+91-9015378249
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