Tuesday, May 1, 2018

Poland Logistics Market will be Driven by Increasing Consumption, Growth of the Manufacturing Sector, E-commerce, Retail and FMCG Coupled with rise in Trade Activities with Europe: Ken Research

Growth in retail and e-commerce industry, increasing number of industrial and logistics parks, significant growth in import & exports and less border regulation with European countries are the key factors driving the growth in Polish Logistics Market.

The report titled “Poland Logistics and Warehousing Market Outlook to 2022 - by Domestic and International Freight Forwarding, Warehousing, Express Logistics, Cold Chain, Third Party Logistics, E-commerce Logistics” believe that the level of technology used in the warehouses and logistics center of the country is low as compared to North American and Asian countries. Hence the scope of introduction and enhancement of digital technology in the industry has a wide opportunity.
The accession of the country to the European Union changed the face of the logistics industry in Poland. Owing to the substantial rise in trade and lesser border restrictions, the Polish economy opened its doors for investments to enter into the market. The logistics market in Poland is in its growing stages. The positive outlook of the economy, increase in trade with the European countries and rising industrial activities are the major drivers of the logistics industry in Poland. The market consists of a number of organized and unorganized players consisting of freight forwarders specializing in land, sea or air transportation, warehouse service providers, companies specializing in cold chain services, courier, express and parcel service providers and total logistics services providers that operate a multimodal transport model. The freight forwarding services contribute the highest share of revenue to the overall logistics market in Poland. 

The freight forwarding market is dominated by the land and pipeline freight, followed by sea and air freight. Owing to the improving overall transport infrastructure of the country, normal deliveries dominate the market while express deliveries contribute only a small fraction of the overall revenue of the freight forwarding market.

A number of companies have invested in setting up warehouses in the country which has boosted the available stock and is attracting international players to set-up storage and operational hubs in Poland. Increasing investment activities in industries such as pharmaceutical, e-commerce, retail, FMCG and technological advancement in the country has supported revenue growth in Polish logistics market. Development of new logistics parks by the government has proved to be a catalyst for the growth in the market. Rise in consumption of perishable goods has attracted more players to offer cold chain services in the market. Growth in e-commerce industry will also help the express logistics market to grow in the country. The market share of 3PL services is growing as more players are entering the market as 3PL services providers.

To know more about the research report:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/poland-logistics-market/149100-100.html

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