The
report titled “Africa
Logistics and Warehousing Outlook to 2023- By Countries (South Africa, Kenya, Tanzania, Uganda,
Nigeria, Namibia and Botswana), Mode of Freight (Road, Rail, Air, Sea and
Pipeline), By End Users and by 3PL, By Type of Warehouses” provides a
comprehensive analysis of the Logistics market of Africa. The report covers the
overall size and future outlook of the freight forwarding and warehousing
market along with a snap shot on the courier and parcels market along with a number
of segments for each. The competitive landscape of the warehousing and freight
forwarding segment is also present. The same has been concluded with analyst
recommendations.
Africa
Logistics Market Overview and Size: The African logistics market has seen a steady growth
between 2013 and 2018 accounting to a single digit CAGR during this period. The
continent is extremely rich with natural resources and increase in mining of
coal has helped the market grow. The major exporting partners include United
States, China and Japan. Infrastructure has been problematic for Africa and
China has helped tremendously to curb the issue. China has made a number of
investments to improve the roads, ports and railways which has helped in the
growth of the market. The Freight Forwarding Market contributes the most
towards the overall logistics market of Africa.
Africa
Freight Forwarding Market: Contract logistics is known as the driving force for the
freight forwarding market and is opted frequently. The market has experienced a
growth in its study period resulting in a single digit CAGR. Food and beverages
has been the market’s driving force as most of the consumer spending is towards
the same. Road freight was observed to be the most preferred mode of
transportation due to the development in the road infrastructure; followed by
sea and rail freight. Future
trends in the market focus on Africa having less trade with developed nations
and more with developing nations.
Africa Warehousing Market: The warehousing market of
the continent is at its growing stage. The food and beverages market is the
dominant user of the warehousing market in Africa. Open storage are preferred
the most as compared to closed and cold storage warehouses. East Africa will lead in the demand for industrial space,
which is set to grow at six per cent annually in Ethiopia, and at 5.1 percent
and 3.6 percent in Uganda and Kenya, respectively. In response to the growing
demand for warehousing, Africa North Africa is expected to experience a gradual growth over the
next 10 years. Egypt and Morocco currently have higher demand estimates than
East and West Africa in terms of size but are set to grow at a slower rate
Competitive
Scenario: Most of the
African countries have few dominant international freight forwarding players in
the market. The lack of infrastructure and capital make the local players
resort to third party logistics, which is estimated to be the same in the
future. Some of the major companies include Bollore Africa Logistics, Kuehne
Nagel , DHL, Maersk, DSV Panalpina , CEVA Logistics and DB Schenker .The industry is at a growth stage in terms of
parameters such as technology, efficiency and service portfolio but not pricing
as the logistic cost is too high leading to contraction of manufacturing sector
in the GDP.
Country
Profiles
Botswana: Botswana being a landlocked country is highly dependent
on road for the transportation of their goods which also has the highest
revenue percentage towards the overall freight forwarding market. The market is
dominated by international players and has experienced a single digit CAGR
during 2013-2018.
Namibia: Namibia is considered to have one of the best road
networks in Africa which also helps the road freight to dominate over the
market. The country offers dry port facilities to Zambia, Botswana, Zimbabwe
and other landlocked countries. New container terminals are built on Walvis Bay
which would help double its capacity in the future.
Tanzania: Amongst the countries taken into consideration the market
of Tanzania has experienced the maximum growth owing to a double digit CAGR
between 2013 and 2018. The market is highly concentrated with international
players and the international freight dominates. The new local companies
entering the market haven’t been able to adopt the new technologies and resort
to third party logistics.
Uganda: Being a landlocked country multimodal transportation has
gained importance in the country. The Gulu town in Northern Uganda is to get a
new USD 8.8 million trade logistics hub with money provided by the EU. The
warehousing market experienced an increase in demand which could be attributed to
introduction of warehouse receipt system, increase in the industrial/business
parks, initiatives by United nations and decline in rental rates for
warehouses.
Kenya: Kenya has achieved rank 61 in the East of Doing Business
Index and rank 68 in the Logistics Performance Index. Road Transport dominates
the freight forwarding market due to the monopolistic demand of road transport
for delivery in remote regions, to the landlocked neighboring countries, and
for the last mile delivery. There are approximately 120,000 standard warehouses
in Kenya, with more than 1000 warehouses in Embakasi itself. Some of the major
warehousing companies include Bollore, Agility and DSV.
Nigeria: Increasing Nigerian local food products in the country has
triggered the demand for logistics and warehousing making food and beverages
the leading end user for freight forwarding. Due to infrastructural challenges,
big market players prefer to outsource services to local transporters and focus
on their core competencies. The Lekki free trade zone project was established
focusing on the development of logistics and warehousing center in the
southeastern part of Nigeria.
South Africa: The FMCG, Retail and Automotive industries in the
country played a significant role, especially for the domestic market, in the
growth of freight forwarding market in South Africa. The country is the most
developed in terms of infrastructure and techniques being used. The warehousing
sector experienced a slow growth due to the economic slowdown and political
instability in the country. The major companies include Value Logistics,
Bidvest Panalpina and Access Freight International.
Future Outlook and Projections: The overall logistics and
warehousing market of the continent is expected to grow by a single digit CAGR
from 2018 to 2023. Growth in intra-regional trade and projects like AFCFTA has
helped in the same. The largest trigger of the logistics and
warehousing market in the long run is the development of infrastructure and
construction sector. This has caused a spree of developments in the country
which has increased the trade and warehousing activity in the continent.
Investments in advanced technologies solutions such as autonomous logistics,
real-time tracking and automation in order to provide an improved customer
service will also boost the market of Africa.
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:
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