Cargo handling strengthens cargo warehousing
by very well managing the storage levels as well as logistics of various goods
and products to manufacturing facilities, distribution centers and warehouses.
Now, more than 90% of the general cargo trades have been containerized and most
of this containerized cargo is handled by heavy cranes, forklifts or by the
deck cranes.
The industry research report titled, “Cargo
Handling, Warehousing and Travel Agencies in United Kingdom: ISIC 63”
offers a comprehensive 360 degree view of this industry by properly
highlighting the size and shape of Cargo Handling, Warehousing and Travel
Agencies market at national level. It
provides the recent retail sales data, permitting its users to well identify
the sectors that are propelling growth in this industry. All the leading
companies, leading brands along with strategic analysis of the major factors
that majorly influence the market (such as: new product developments, packaging
innovations, economic or lifestyle influences, distribution or pricing issues)
are very well portrayed in this report in order to generate a truthful image of
the industry amongst the users.
The industry mainly caters to the products
including Cargo Handling, Other Supporting Transport Activities, Storage and
Warehousing, and Travel Agencies. A proper investigation of these products
which constitute this industry is carried out on parameters like: market sizes
(historic and forecasts), company shares, brand shares and distribution data
such that effective insights are revealed.
In UK, the ‘Cargo Services Group of Companies’
(a family run business) has been one of the most prevalent players in this
industry, which provides a one stop shop in Maritime Port Logistics and
specializes in handling as well as distributing all types of general and bulk
cargo through seaborne traffic at the port and independent cargo terminal
operations simultaneously offer a horde of modern warehousing and open storage
facilities connected with onward distribution in both UK as well as Ireland.
Another prominent player in the UK industry
has long been ‘Dnata’. The dedication towards training of employees as well as
large investments in state-of-the-art facilities has made the company manage
any type of cargo in their day to day operations especially across all the
seven airports in the UK. Majorly, if looked upon globally, the European ports
have managed to achieve an optimistic growth rate in the cargo traffic
especially at marine ports, which is further expected to bolster the growth of
cargo handling industry with the passage of time in major parts of Europe
including UK.
Furthermore, it is anticipated that ‘Dnata’ UK
will relish an eco friendly future, and therefore it has lately invested in
ultra modern equipments that would allow operations to be carried out in a
paper-free environment; well utilizing the innovations in technology with white
boards and handheld tablets which are expected to result in optimum, efficient
and safe transportation of cargo.
In the years to come, the UK government is
projected to have plans of making significant upgrades to the country’s
infrastructure and thereby this industry’s turnover is all set to prosper at
somewhere around 11% CAGR by 2021 (depicting a massive development of the
industry) mainly because of the robust growth in country’s tourism as well as
logistics sectors which form the backbone of the cargo handling and warehousing
industry.
As far as the travel industry in UK is
concerned, it has been observed that the travel agencies have witnessed
dwindling of total revenues in 2017 owing to the shriveling consumer confidence
coupled with a weaker pound rate. However, this sluggishly moving trend
scenario is anticipated to accelerate, driven by the emerging concept of
internet retailing along with huge investments being done in airports and ports
infrastructure of the country.
Looking from the latest perspectives of
various nations globally; travel and tourism are being treated as the most
important activities as they have a direct impact on the holistic economic
growth of a nation further having a support of booming employment opportunities
which ensure that many economic hurdles have been dealt with and thereby, this
industry in UK is expected to blossom as the years roll by.
To know more
about the research report:
Related
Reports:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing &
Communications
0124-4230204
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