Autonomous Cargo Vehicles, B2C Orders, and Gen Z: Fueling the Growth of Philippines' On-Demand Logistics Market and What’s more?: Ken Research

 The On-Demand Logistics Market in Philippines is moderately fragmented with competitive rivalry among the competitors. Some of the popular Logistics brands like Food Panda, Lalamove, Gomoto etc compete on the basis of Delivery Cost, Number of Orders, Network Coverage, B2B Clients and more.

E-Platform Players in Philippines Logistics Market

1. Growth Drivers for the Philippines On-Demand Logistics Market: Consumer Behavior Shifts Towards Convenience, Unplanned Ordering, and Gen-Z Indulgence.

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• Increasing usage of advanced mobile applications and banking solutions for the customers has made it easier for them to shop online with faster deliveries and live tracking as trends.
• Increased affinity of online and Gen-Z customers towards top-up and indulgence purchases driving the segment. Also, the rising unplanned online ordering behavior from metro and tier I cities is also a contributing factor in the rise of the segment.
• On-Demand logistics which is the natural evolution of e-commerce is the result of changing lifestyles and consumer behavior. COVID-led change in consumer behavior towards using online as a replacement for local grocery stores.
• Willingness to pay for premium products, growing market for easy-to-cook products at-home delivery, demand for healthy and nutritional products, rising consumption of newer products through global experiences. Shift in consumer behavior from value-seeking to convenience-seeking, resulting in weekly, small-sized purchases rather than larger, monthly purchases driving the demand for on-demand logistics market.

2. Rise of Instant Delivery Platforms: Filipinos Drive B2C Orders in 2021, Fueled by Growing Millennial Population.

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• With smartphone apps and traffic growing year-over-year, B2C orders are on rise in Philippines.
• With rising millennial population companies are offering services to cater to the demands of the next gen consumer.
• B2B orders are also on rise, the major category is consumer durables and electronics and last mile delivery - high penetration and acceptance of online channel in E-B2C are expected to have a domino effect on E-B2B.

3. Driving Tech Trends in the Philippines On-Demand Logistics Market: Early Adoption of Autonomous Delivery and Cost-Driven Innovations.

• Several players are already piloting last mile, urban deliveries with car-size vehicles (or a little smaller) operating on streets and intended to become autonomous.
• Philippines is preparing to use drones to deliver food and groceries soon and the drone delivery of medical supplies. Usage deployment is likely to be the highest in low density urban or rural areas.
• Allow customers to select any locker location as their parcel delivery address. They can then retrieve their orders by entering a unique pick-up code, removing the need for human involvement. Amazon, Home Depot and Walmart are major retailers to follow the suit.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report: 

• E-commerce Companies
• Third-Party Logistic Providers
• Potential Market Entrants
• Freight Forwarding Companies
• Warehousing Companies
• Cold Storage Companies
• Industry Associations
• Consulting Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report: 

• Historical Period: 2018-2021
• Base Year: 2021
• Forecast Period: 2021-2026

For More Insights On Market Intelligence, Refer To The Link Below: –

Philippines On-Demand Logistics Market Outlook to 2026

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UAE Logistics Market Outlook to 2026

Indonesia Logistics Market Outlook to 2027

Surging Ahead: Philippines' Retail Deposit Market growing with a Robust CAGR of 7.9% (2017-2022), Fueled by Digitalization and Convenient Banking: Ken Research

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1. "The Power of Deposits: Unveiling the 45% Dominance of Retail in the Philippine Banking System" 

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Retail deposits are a substantial component, contributing approximately 45% of the total deposit value in the Philippine Banking System. As of 2022, the overall revenue of retail deposit accounts in Philippines was a robust one, covering a market share of 45%. They form a crucial source of funding for banks, allowing them to finance various lending activities. The Philippines government also deposits a considerable portion of its funds in demand deposits, while private corporations tend to favor demand deposits for their banking needs. Non-resident deposits, particularly savings accounts, also contribute significantly to the retail deposit market. Overall, retail deposits play a vital role in the stability and growth of the Philippine banking sector.

2. "Riding the Wave: Philippine Retail Deposit Market Surges at 10% CAGR Driven by Digitalization and Convenience Banking.

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Convenience banking, characterized by the availability of debit cards, internet banking, and phone banking, has become a driving force behind the increasing number of users in the banking sector. These convenient banking options have attracted new users, providing them with easy access to financial services. Additionally, the ongoing trend of urbanization, with an urban population growth rate of approximately 2.1% in 2021, has further improved the accessibility of commercial banks for individuals residing in urban areas. This sustained urbanization has created a favorable environment for the growth of banking services, catering to the needs of the urban population. Moreover, the rise of digital rural banks, exemplified by entities like Tonik, has played a significant role in expanding banking services to rural areas. These digital banks, categorized as rural banks, have made inroads into remote regions, contributing to a notable increase in the number of bank accounts in rural communities. All these factors Have contributed to the growth of retail deposit accounts in Philippines.

The increase in internet penetration and adoption of smart phones in the country will boost Philippines Car Rental Market: Ken Research

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1.With increase in internet penetration and digital adoption in the country, car rental services are shifting to online platforms for direct bookings and confirmations.

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With the increase in internet penetration and adoption of smart phones, the market for car rental services has expanded, hence becoming easier for people to access.  Ongoing developments in the Philippines car rental market such as integrating Services with Internet of Things, Online Bookings, Unique Business Models, Reliable Personal Identification Process, and Scanned Fingerprints are helping the car rental market to grow. Car rental companies are moving to online platforms for direct bookings and confirmations as internet usage and digital adoption rise throughout the nation. As a result, the procedure is hassle-free and contactless.

2.In the last few years, the mode of booking for car rental services has shifted from offline to online platforms

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In the last few years, the mode of booking for car rental services has shifted to online platforms with 60% bookings being made online. This can be attributed to the increasing internet penetration and familiarity of online bookings across the country along with the easy booking process and time saving benefits of online bookings.

3.The household distribution of vehicle ownership (car/ jeep/ van) is less than 10%.

The household distribution of vehicle ownership (car/ jeep/ van) is less than 10% due to high vehicle ownership costs, maintenance costs and increasing traffic and congestion in urban areas. This provides the car rental industry with a bright future and big potential market to capture.

The Global Smart Home Security Systems Market is estimated to grow at a CAGR of ~13% during the 2022-2028. Will Global Smart Home Security Market will stand on the expected figure? : Ken Research

 1. Integration of drones with personal security features

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Autonomous drones are becoming increasingly popular, and they may be programmed to patrol a residence and relay images to customers. Drones are relatively simple to control and can be used to fly about a location or piece of land to keep an eye out for trespassers or other suspicious activities with the correct training. The speed and agility with which drones can respond to actual or future events are some key advantages. They can respond to the incident more quickly than a police car or a security guard since they are swift, agile, and airborne.

• Security drones for home surveillance and monitoring have recently become popular, with various companies, like
• BrdsEye, Airborne Drones, DJI, and Secom, releasing security surveillance drones. Recently, the Sunflower Home

2. High adoption of diy (do it yourself) home security systems for cost-effective solutions

Adopting DIY (Do It Yourself) home security systems for cost-effective solutions drives the market study. DIY home security systems consist of motion and entry sensors, a loud siren, and other components. They are cost-effective solutions compared to professional monitoring solutions, which deal with hefty contracts. Thus, the smart home security market introduced the concept of smart technology to homeowners. Offering protection to one’s home to deter crime became accepted and understood the concept.

Then, the market trend saw national security system-based companies, like ADT, add new smart capabilities. Recently, Blue by ADT was launched as a DIY smart home security brand focused on expanding its product portfolio to offer fully customizable DIY smart home security solutions. Being launched as a flexible, expandable DIY system, customers obtain the flexibility in designing a smart home security system based on personalized needs.

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Increasing Competition Globally

Essence Group, a global security solutions provider, announced a partnership with the Portuguese smart access supplier Chaviarte. As an expansion strategy for Essence into the Portuguese market for its WeR@Home security and home management platform, Chaviarte's existing security hardware is expected to be integrated into the latter's core business door lock and entry systems.

Vivint collaborated with Chamberlain Group to offer better control and monitoring of smart homes and garages via a single app. myQ by Chamberlain Group (CGI) offers garage door opener brands. This is expected to help Vivint secure all vital access points to a typical smart home.

How Smartwatches are Revolutionizing Fitness and Wellness Monitoring: Ken Research

 The Rise of Health Monitoring Gadgets: Consumer Spending Soars as Smartwatches with Advanced Monitoring Functionalities, Such as Samsung's Galaxy Watch 4, Take Center Stage.

Storyline

• Health Awareness and Increased Consumer Spending
• Impact of Working Population and Sports Enthusiasts
• Role of Smartwatches in Health Tracking and Market Growth
• Competitive Innovations in the Market

Introduction

The increase in health awareness has driven consumer spending on health monitoring gadgets, leading to increased sales of smartwatches with advanced monitoring functionalities. For example, Samsung's Galaxy Watch 4 offers features like GPS tracking, heart rate monitoring, and ECG support.

1. Health Awareness and Increased Consumer Spending

The increase in health awareness among consumers across the globe has resulted in increased consumer spending on health monitoring gadgets. This has further led to the increased sales of smartwatches owing to their wide range of monitoring functionalities, including the ability to control music, notifications, walking tracks, and heartbeat rates, among others.

For instance, Samsung released its Samsung Galaxy Watch 4 in the United States and the United Kingdom in August 2021. The product claimed to offer a host of health and fitness features, including GPS for tracking runs, an optical heart rate sensor, and ECG support. The watch also showcases the company’s new 3-in-1 Bio Active Sensor that enables the device to monitor heart rate, blood oxygen levels, and body composition.

2. Impact of Working Population and Sports Enthusiasts

The growing working population is expected to be more likely to embrace sports and fitness as recreational activities. Additionally, endurance sports have paved the path for enthusiasts to purchase the different varieties of products available under the sports wearable segment, which in turn has helped escalate the sales of smartwatches. Consumers who demonstrate a high affinity toward traveling and adventure sports coupled with a rapidly changing technological environment have influenced the growth of the smart and durable watches market, which is expected to grow at a significant rate over the forecast period.

It was reported that nearly 21% of the American population was obese or overweight. This factor has increased the usage of smartwatches to help consumers track their steps every day, the calories burnt, the miles they run or swim, the time they spend sleeping, and their pulse rate, all of which have boosted the sales of smartwatches in the United States.

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3. Market Growth of Wearable Market

The growth of the wearables market in North America is highlighted by figures that expect 25% of the adult population in the United States to be using a wearable device by 2022. The ownership of wearables in the Asia-Pacific countries is already high among those living in countries such as China, Thailand, and Vietnam.

4. Competitive Innovations in the Market

The leading companies in the market have been gaining a competitive edge with innovations such as inventing eco-friendly strap materials, among others.

For instance, in 2019, Breitling launched a watch with a strap made from recycled materials. Each timepiece features a NATO strap made from ECONYL yarn, a regenerated nylon waste from landfills and oceans around the world.

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According to Ken Research: The market for smartwatches is fueled by the impact of the working population, sports enthusiasts, and the rising prevalence of obesity. With significant growth projected in North America and Asia-Pacific, companies are also gaining a competitive edge through innovative features like eco-friendly strap materials, exemplified by Breitling's use of recycled materials.

Dubai's Fitness Market: Rising Growth, Fierce Competition, and Promising Future: Ken Research

 An import driven market, Dubai’s fitness services sector has an unlocked potential that players are now recognizing.

Storyline

• Dubai Fitness Market: Growing demand, driven by population and HNWIs.
• Market Competition: International vs. domestic players in fierce competition.
• Growth Drivers: Population growth, HNWIs, and Dubai Fitness Challenge.
• As per Ken Research, Promising future with increased offline and online fitness to be the future scenario.

1.The current market trends: Exploring the opportunities & testing the water

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With a total of 930+ fitness centers in 2022, Dubai’s fitness services market is expected to grow at a CAGR of ~4% to reach 1,130+ fitness centers by 2027 with majority of facilities being local gyms and mass centers. The rising growth rate can be attributed to various factors, including increasing member penetration in offline fitness centers, the rise of the online health and fitness market, and the expansion of boutique fitness centers.

2.How is the market competition scenario?

Dubai fitness services market is majorly dominated by the international players while domestic players are trying to tap the market supported by the real estate investors. International Players like Pure Gym and Fitness First with low membership fee options have already penetrated the market and expanding to Shaik Al Zayed and outskirts of Dubai. The market is also import driven with majority of imports happening from USA and China (45 Distributors are present in the country selling a wide range of fitness equipment).

3.What about the growth drivers?

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Dubai's population grew by 2.1% to reach 3.55 Mn in 2022. The number of High net-worth Individuals (HNWIs) in Dubai rose by 18% to 67,900, with over 35% concentrated in Jumeirah and Al-Barsha. This has added to the existing advantage being experienced by its Fitness market.  Furthermore, the recent participation by around 2 million people in the Dubai Fitness Challenge has driven the fitness awareness ultimately benefitting the market.

4.What does the future outlook look like?

According to the research conducted by Ken Research, member penetration in offline fitness centers in the UAE is predicted to reach 6.3 percent by 2025. This indicates a growing interest and participation in fitness activities among the population.

The online health and fitness market in the UAE is expected to contribute $36.5 million in revenue by 2025, with an annual growth rate of 16 percent. This highlights the growing popularity of digital fitness platforms and the adoption of online fitness training, which has been accelerated by the COVID-19 pandemic.

Generating a growth rate of 15% between 2017-2021, via improving infrastructure, KSA’s Freight Forwarding market provides a strong hand for the country’s Logistics Market: Ken Research

 The KSA freight and logistics market is highly fragmented in nature, with the presence of many international players as well as local players. Some of the major players in the industry, are Aramex, tamer, Gulf Systems, Iron Logistics, Schenker, DSV & Zajil amongst others.

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1.Improvement in Infrastructure, Increasing LTL Share, Increased LMD Efficiency and Growth in Automation are some of the key trends witnessed in the Transportation Industry in KSA.

In recent years, the Saudi Logistics Hub has accelerated the construction of road transportation infrastructure as part of the "Vision 2030" to transform KSA as a global logistics hub. A total of 57 road projects of 1,700 km in length were completed in the last 5 years. 88 new roads and 110 operation & maintenance of roads projects contracts were signed in 2020 each having over $1.1 Bn value. Moreover, KSA Transportation Industry is increasingly moving towards more digital, platform-based and collaborative innovation system to increase its efficiency. High penetration of mobile commerce has led to large disruption in B2B segment, with market participants being able capture a lion’s share of the market.

2.Technology-enabled transformations such as FMS & Autonomous Vehicles are largely being adopted by Captive Companies or Large Companies to promote Efficiency.

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Technology options such as Efficient Freight Matching, better profitability, smarter operations & greater service quality serve as a major benefit for KSA’s Logistics market. A major benefit of Digital Truck Aggregator Platforms is that they have a large Shipper and Trucker Base and offer services such as Freight Listing, Freight Brokerage and Online Transactions to earn revenue. Furthermore, digital Truck aggregator platforms are reshaping the trucking industry in Indonesia by increasing operational efficiency, reducing costs & increasing profitability.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report: 

• E-commerce Companies
• Third-Party Logistic Providers
• Potential Market Entrants
• Freight Forwarding Companies
• Warehousing Companies
• Cold Storage Companies
• Industry Associations
• Consulting Agencies
• Government Bodies & Regulating Authorities 

Time Period Captured in the Report:

• Historical Period: 2017-2021
• Base Year: 2021
• Forecast Period: 2021-2026

For more information on the research report, refer to below link:

KSA Logistic Market Outlook to 2026

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USA Logistics Industry Outlook to 2026

Australia Logistics Market Outlook to 2025

The Global Biopharmaceuticals Market was valued at USD 350 Mn Market in 2020 Will the projections justify growth? : Ken Research

 The market will be growing at the rate of 8% owing to growing R&D scope alongside increasing investment scenario respiratory devices & rising cases of respiratory illnesses, says a report by Ken Research

Global Respiratory Devices Market Ecosystem

The Global Biopharmaceuticals market is moderately fragmented in nature, with the presence of many international players as well as local players. Some of the major players in the industry include Amgen Inc., Abbvie Inc., Johnson & Johnson, Eli Lily & Company amongst others.

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1. “Innovation boosting the market?” With improving technologies, companies are now investing in innovative products treating otherwise untreated illnesses.

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The biopharmaceutical product' capability to address previously untreatable conditions has paved the way for introducing innovative drugs in the market. According to the Alzheimer's Association 2021 report, the US Food and Drug Administration (FDA) approved five drugs for treating Alzheimer's. They are rivastigmine, galantamine, donepezil, memantine, and memantine, combined with donepezil. Other innovations are also in place. For instance, in September 2022, bluebird bio, Inc.'s SKYSONA (elivaldogene autotemcel) slows the progression of neurologic dysfunction in boys 4-17 years of age with early, active cerebral adrenoleukodystrophy (CALD), was approved by CBER. Similarly, in June 2022, CBER approved PRIORIX, a live vaccine for measles, mumps, and rubella, manufactured by GSK plc.

Recent Trends in Global Biopharmaceuticals Market

2. “R&D to be the need of future:” With a massive opportunity for R&D alongside profits, companies are now expanding their horizons in pharmaceuticals market.

The global Biopharmaceuticals market holds a huge potential for research & development alongside profits. The industry is thus experiencing a plethora of new entrants alongside a massive investment influx. For instance, in Feb 2023, Egyptian health tech, Yodawy raised $16 Mn backed by Hero Ventures. Similarly, other new entrants are new biotechnological companies, such as Celltrion and Samsung Bioepis. Companies from emerging countries, like Biocon and Dr. Reddy's, are companies in fast-developing economies.

Time Period Captured in the Report:

• Historical Period:2017- 2022
• Base Year: 2022
• Forecast Period: 2022-2027

Key Target Audience:

• Government
• Hospitals
• Clinics
• Others

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Biopharmaceuticals Market Outlook to 2027

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Indonesia Pharmacy Retail Market Outlook to 2025

Vietnam Pharmacy Retail Market Outlook to 2025

Future Outlook of Global Smart Home Security Industry: Ken Research

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What Is The Size Of Global Smart Home Security Industry?

Global Smart Home Security market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027.

The Global Smart Home Security Market is largely driven by rising number of burglaries, need for more secure and sound system by the home owners.

Smart home security devices can be connected to Wi-Fi and accessed from anywhere using smart devices, such as smartphones and smartwatches, or by voice. The smart home security market is driven by the increasing crime rates worldwide, forcing people to focus on security and safety systems, especially in residential areas. expatriates also increases the inflow of remittance to other countries, thus fueling the Global Smart Home Security market.

he latest FBI statistics show that more than 70% of property crimes were committed through theft and larceny. Most people are not at home when a break-in occurs. Therefore, home security systems are essential. The Department of Justice reported that just 27.6% of burglaries occurred when someone was home, and 65.1% of criminals knew the victim. Research by the Rutgers University School of Criminal Justice indicated that an increase in security alarm installation led to a drop in burglaries over five years.

The growing DIY security systems trends and new developments by newer player offerings are analyzed to contribute to the market growth rate significantly.

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Global Smart Home Security Market In By Component

The software segment occupied the largest market share of major share in 2022, and the services segment is expected to witness the highest CAGR over the forecast period.

Global Smart Home Security Market By Device Type

The Smart Camera and Monitoring Systems segment occupied the largest market share of in 2022. The Smart Sensors & Detectors segment is expected to witness the highest CAGR over the forecast period.

Global Smart Home Security Market By Communication Module

The Self-Monitored segment occupied the largest market share in 2022. The Professional Monitored segment is expected to witness the highest CAGR over the forecast period

Global Smart Home Security Market By Geography

The Asia-Pacific segment occupied the largest market share in 2022 and is expected to witness the highest CAGR over the forecast period.

Competition Scenario In Global Smart Home Security Market

The smart home security market is highly fragmented due to low entry barriers. The major players in the market are ADT Inc., Honeywell International Inc., Johnson Controls International PLC, Hangzhou Hikvision Digital Technology Co. Ltd, and Abode Systems Inc., among others. Further strategic partnerships and innovations are the driving force for the industry, and the market is evolving faster in terms of technology and features.

What Is The Expected Future Outlook For The Overall Global Smart Home Security Market Across The Globe?

The Global Smart Home Security market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

Many companies are offering professional home security services to monitor the security of the users’ houses, which homeowners are adopting at an increasing rate because of their reliability. The users' home security system in this specialized service alerts the service providers' monitoring center. The team confirms the same by contacting neighbors or other individuals to avoid false alarms. After confirmation, the team notifies the proper authorities to act.

An integrated security, protection, and smart home solution that monitors, detects, prevents, and optimizes against homeownership risks and empowers customers to protect and connect what matters most, delivering increased peace of mind to the users.

Many companies are expanding their business in smart home security solutions worldwide, including smart locks, due to the future market growth of the products. For instance, in January 2023, a company of smart lock systems in China, Kaadas Group, announced that it has been expanding into North America.

Smart home security system, which helps protect against damage from water, fire, and intrusion threats, reduces insurance claim frequency, which enables the house owner to get additional discounts on home insurance premiums by including smart security solutions in their houses, which continues to drive the market adoption in the future.

The integrated solutions of smart home security solutions with smart home appliances and professional monitoring services for complete house protection would fuel the market growth in the future.

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Smart Home Security Market

Related Reports by Ken Research

South Korea Digital Locks Market Outlook to 2027

China Cyber Security Market Outlook to 2027F

Australia’s Logistics Market to grow at the rate of 4.6 % in the upcoming period between 2022-2026 owing to government policies such as Heavy Vehicle National Law alongside technological innovations such as Real-Time Tracking: Ken Research

 History of steady growth alongside a positive future forecast provides Australia’s logistics Market increasing confidence & interest of stakeholders, says a report by Ken Research

1. The government of Australia is aiming to establish it as a Logistics Hub by huge investments in the infrastructure and designing National Freight and Supply Chain Strategy

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The government of Australia is aiming to establish it as a Logistics Hub by huge investments in the infrastructure and designing National Freight and Supply Chain Strategy. Initiatives like National Freight Data Hub and different training packages will help Australia government to achieve the economic growth targets by 2040. Initiatives such as heavy investments in Infrastructure development, Freight Movement Code and Protocol for Domestic Border Controls, Heavy Vehicle National Law and National Freight and Supply Chain Strategy are aimed at enhancing the already improved state of country’s Logistics Market.

2.“Integrating Technology to market’s growth prospects:” With the increasing technological innovations and advancements across the world, logistics sector in Australia is also getting benefitted.

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Technology options such as Real Time Tracking, Control Tower, smarter operations & greater service quality serve as a major benefit for Australia’s Logistics Market. A major benefit of technologies such as warehouse Management System is that) it further optimizes and accelerates key warehousing tasks by directing receiving, put-away, picking, packing, shipping and space utilization along optimized routes is that they have a large Shipper and Trucker Base and offer services such as Freight Listing, Freight Brokerage and Online Transactions to earn revenue. All in all, technological innovations are anticipated to be inculcated deep into the logistics systems in Australia.

Major Players Mentioned in the Report:

Australia Logistics Market

• Lindsay
• Wiseway
• K&S Corporation
• Yusen Logistics

Australia Freight Market

• Agility
• DHL Express
• Nile Logistics
• GAC
• DSV

Australia warehousing Market

• Core Realty
• Mc Geez
• Cerno
• Comercial SA
• Bayly

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:

• E-commerce Companies
• Third-Party Logistic Providers
• Potential Market Entrants
• Freight Forwarding Companies
• Warehousing Companies
• Cold Storage Companies
• Industry Associations
• Consulting Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

• Historical Period: 2017-2021
• Base Year: 2021
• Forecast Period: 2022-2026

For more insights on market intelligence, refer to the link below: –

Australia Logistics Market 

Related Reports By Ken Research:-

USA Logistics Industry Outlook to 2026: “Driven by Government support, E-commerce demand and infrastructure investment in the country

Australia Logistics Market Outlook to 2025- Led by Growth in Road Freight Services and Rising demand for Cold Storage Space

Germany E-Commerce Logistics Market Outlook to 2026F- Driven by Rising Online Population, Technological Advancements and Demand for Sustainable Deliveries