The report titled “Kenya Logistics and Warehousing Market Outlook to 2023 – By Sea, Land, Pipeline, Air Freight Forwarding; International and Domestic Freight, Integrated and 3PL Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), 3PL Warehousing, Type of Warehouses; By Courier Express and Parcel Logistics and E-commerce Logistics” provides a comprehensive analysis of the Logistics market in Kenya. Then report covers the overall size and future outlook of Kenya Freight Forwarding, Warehousing, Courier Express, and Parcel, 3PL, and E-Commerce market in terms of value, segmentation on the basis of service mix, by geography, by ownership and by type of industries. The report also covers the competitive landscape and company profiles of major Freight Forwarding, Warehousing and Express Logistics Companies in Kenya. The report concludes with market projections for future and analyst recommendations highlighting the major opportunities and challenges.
Kenya Logistics Market Overview and Size
Logistics is vital for the economic performance of any economy. Kenya, like other African countries, has structural issues such as logistics infrastructure but the ease of doing business and favorable political climate has steered it ahead in the race. In 2018, Kenya has achieved rank 61 in the Ease of Doing Business Index and rank 68 in the Logistics Performance Index. Kenya Logistics Market has witnessed positive growth over the past few years. The growth was mainly due to government initiatives such as the Standard Gauge Railway (SGR), Kenya’s strategic location as the gateway to East Africa and the prospering retail and import business.
Kenya Logistics Market Segmentation
By Freight Forwarding
The F&B, FMCG and Industrial sectors in the country played a significant role, especially for the international market, in the growth of freight forwarding market in Kenya. Road freight was observed to be the most preferred mode of transportation due to the development in the road infrastructure; followed by sea and air freight. Kenya has a lot of difficulty areas or remote regions that are not penetrable by any other mode of transport. Asia flow the corridor was observed as the largest contributor in terms of revenue in Kenya freight forwarding market.
By Warehousing
Kenya Warehousing market has grown at a slow pace due to the massive lack of supply of good quality modern warehouses. Warehousing is one of the key developmental areas for logistics, requiring increased investment and advancement in technology. The advent of automation technology along with more advanced inventory management systems is expected to help in the growth of the warehousing segment.
By Courier, Express, and Parcel Logistics Market
The CEP Logistics market grew at positive CAGR during 2013-2018. Online customers are now demanding more convenient methods of delivering their parcels as well as more efficient methods of returns. Majority of the customers prefer normal delivery to express delivery as express service is seen as a premium service. In spite of the challenge, the market has attracted many international players such as DHL, Aramex, and FedEx-TNT among others. The express delivery market will grow in the future at strong pace due to the demand for faster delivery services and the advent of e-commerce.
By Third Party Logistics Market
For companies whose core business is not logistics, it makes a lot more sense to outsource logistics contracts. It enables them to gain access to resources and capabilities that are not available internally. For a retail business that is prospering in Kenya, logistics needs often depend on seasonal importation. Nearly half the cost of goods in Kenya is the cost of transportation, so outsourcing becomes all the more important as a function. Companies dealing with perishable items and dangerous goods have complex transportation and warehousing needs. SMEs, therefore, prefer to free resources from physical capital investment to working capital and other short term needs.
By E-Commerce Logistics Market
The E-Commerce market developed quite late in the African continent as compared to the US and China, and accounts for only 0.6% transactions. The e-commerce market in Kenya is estimated to be worth KSh 4.3 Billion. In 2017, 6% of all purchases made were through e-commerce. The logistics needs of the market are also growing with the growth of the industry, especially in the express delivery segment.
Competitive Landscape
The competition within Kenya Logistics and Warehousing Market is highly fragmented in nature with the presence of national and international players such as DHL, FedEx-TNT, DB Schenker, Panalpina, CEVA Logistics, Kuehne Nagel, Siginon, Bollore, Freight Forwarders Kenya, Agility and many more.
Future Outlook and Projections
Expansion of industrial activity, e-commerce, and an influx of international companies in the country is expected to impact the market in a positive way. The high growth in the future is expected to be owed to the high rate of growth in the warehousing segment as compared to the dominating freight forwarding segment. The logistics companies are expected to invest in advanced technologies solutions such as autonomous logistics, real-time tracking, and automation in order to provide improved customer service. With the growing international trade, incorporation of advanced technology-based solutions will help in the efficient delivery of products by the logistics providers. The largest trigger of the logistics and warehousing market, in the long run, is the development of the infrastructure and construction sector. This has caused a spree of developments in the country which has increased the trade and warehousing activity in the country.
Key Segments Covered:-
Freight Forwarding Market
By Mode of Freight
Road Freight (Revenue, Transport Costs)
Rail Freight (Revenue, Volume, Stock of Transport Equipments, Railway Lines, Tariff and Volume Discounts
Air Freight (Revenue, Volume, Flow Corridors, Clearing & Forwarding Charges, Export/Import Rates)
Sea Freight (Revenue, Number of Ships & Containers, Volume, Principal Commodities, Clearing & Forwarding Charges)
Pipeline (Revenue, Throughput Volume)
By Type of Freight
International Freight Revenue
Domestic Freight Revenue
By Flow Corridors (Revenue, Volume of Trade, Principal Commodities)
Asian Countries
European Countries
Middle East
North America
African Countries
By Contract and Integrated
Contract Logistics Revenue
Integrated Logistics Revenue
By End User Revenue
Food and Beverages
FMCG
Industrial
Others (Construction, Chemical, Automotive and others)
Warehousing Market
Revenue By End User
FMCG
Horticulture
Retail
Revenue By Type of Warehouse
Closed Normal
Open Yard
Closed Ac
Cold Storage
Revenue By Contract and Integrated Logistics
Contract
Integrated
Revenue By Operation Model
Industrial/Retail
ICD/CFS
Cold Storage/Freezer/Chiller
Warehousing Space By Region
Nairobi
Mombasa
Others (Eldoret, Thika, Nakuru, Kiambu, Machakos and Kakamega)
Courier, Express and Parcel Logistics Market
Revenue By International and Domestic Shipments
International Shipments
Domestic Shipments
Revenue By Type of Express
Air Express
Ground Express
Revenue By Market Structure
B2B
B2C
C2C
3PL Logistics Market
By Market Type (Freight Forwarding and Warehousing)
Snapshot on E-Commerce Logistics Market in Kenya
Companies Covered
DHL
DB Schenker
CEVA Logistics
Kuehne Nagel
Panalpina
Maersk Line
Agility Logistics
FedEx TNT
Bollore Transport and Logistics
Siginon Group
Freight Forwarders Kenya
Key Target Audience
Freight Forwarding Companies
E Commerce Logistics Companies
3PL Companies
Consultancy Companies
Express Delivery Logistics Companies
Logistics/Warehousing Companies
Real Estate Companies/ Industrial Developers
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023
Key Topics Covered in the Report:-
Logistics Infrastructure in Kenya
Kenya Logistics Market Size
Kenya Logistics Market Segmentation
Kenya Logistics Market Future Outlook
Kenya Logistics Market Future Segmentation
Kenya Freight Forwarding Market Size
Kenya Freight Forwarding Market Segmentation
Kenya Freight Forwarding Market Future Outlook
Kenya Freight Forwarding Market Future Segmentation
Kenya Warehousing Market Size
Kenya Warehousing Market Segmentation
Kenya Warehousing Market Future Outlook
Kenya Warehousing Market Future Segmentation
Kenya CEP Logistics Market Size
Kenya CEP Logistics Market Segmentation
Kenya CEP Logistics Market Future Outlook
Kenya CEP Logistics Market Future Segmentation
Snapshot on Kenya E-Commerce Logistics Market
Kenya Outsourced/3PL Logistics Market Size
Kenya Outsourced/3PL Logistics Market Segmentation
Kenya Outsourced/3PL Logistics Market Future Outlook
Kenya Outsourced/3PL Logistics Market Future Segmentation
Regulatory Environment
Trends and Developments
New Technological Advancements
Issues and Challenges
Analyst Recommendation
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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