How is Portugal Logistics Market is positioned?
Overview: Portugal
Logistics and Warehousing Market comprises of both organized and
unorganized players which provide both logistics and warehousing services in
the country. The companies offer a gamut of services including shipping,
international freight forwarding companies combined with courier / parcel
service providers which are primarily engaged in land transport. Portugal’s
logistics industry undertakes various activities that ranges from procurement
as well as final delivery of raw material and finished products. These services
include freight forwarding, warehousing and value added services such as
customs clearance, order fulfillment, distribution of palletized goods and
transport management. The market is dominated by road and air collectively
accounting for over ~% of total freight revenues.
Market: Portugal logistics industry has showcased a
strong positive growth in past five years recording a CAGR of ~% in terms of
revenues during the review period 2013-2018 owing to the country’s strong
investment towards upgrading its transportation services and being open for
collaboration. The freight forwarding sector has contributed the highest
revenues to the logistics sector.
The growth
in market was estimated at ~% in the year 2018. The revenue generation
increased from EUR ~ billion in 2013 to EUR ~ billion in 2014 but declined to
EUR ~ billion in 2015. This decrease was, in part, due to the instability felt
in Europe which increased levels of economic uncertainty. The market revenue
has seen an upward trend since 2015 continued till the year 2018.
Portugal Logistics and Warehousing Market
Segmentation
By Service Mix: Freight forwarding Market dominated
in Portugal logistics and warehousing market with revenues totaling to EUR ~
billion and revenue share worth ~% in the year 2018. The country has a
well-developed transportation network with ~ kilometers (~ miles) of paved
roads, including ~ kilometers (~ miles) of expressways, ~ kilometers (~ miles)
of railroads, and some ~ kilometers (~ miles) of navigable inland waterways (of
relatively little importance to the national economy). Warehousing market
followed with growing demand from e-tail (Electronic Retailing) companies. The
rising warehouse outsourcing has aided to this segment by increasing need for
warehousing services for storage of international and domestic packets. Lastly,
Courier and Parcel market has accounted for ~% of the overall market revenue
during 2018. The demand for Courier and Express has increased over the years to
provide better customer satisfaction and improve delivery services of the
companies. One of the main drivers of the CEP market is the increase in the
domestic E-commerce trade.
How is Portugal Freight Forwarding Market
Positioned?
Portugal
freight forwarding market comprises of international as well as domestic
players which provide both transportation and warehousing services in the
country. The companies offer a gamut of services including shipping,
international freight forwarding and value added services. Freight forwarding
market is majorly dominated by the road freight in the country followed by the
air freight and sea freight. During the first half of 2017, the Portuguese
economy grew ~% driven by exports and investment. This growth was faster than
the European average and the highest seen during the last decade.
The market
witnessed a tremendous growth during 2013-2018. It increased from EUR ~ billion
in 2013 to EUR ~ billion in 2018 thus, displaying a CAGR of ~% during 2013-2018.
Portugal Freight Forwarding Market
Segmentation
By Freight Movement: Portugal freight forwarding market
was dominated by road freight. It acquired the highest share of ~% owing to the
fact that road freight is cheaper than air and the connectivity to the entire
European region is well established which remains the major reason for highest
contribution of road freight in overall freight forwarding revenue. Air
contributed second highest revenue share in the freight forwarding market which
is majorly driven by the express shipments and rise in E-commerce transactions.
The remaining market share was captured by sea freight within Portugal during
the year 2018.
By International and Domestic Freight
Forwarding:
International freight involves transportation of freight by road, air or sea
within different countries. In terms of revenue, international freight
forwarding contributed the majority share of ~% in 2018. Within international
freight forwarding, transportation via road freight and pipeline dominated compared
to air freight and sea freight. The remaining share of ~% was occupied by
domestic freight forwarding in the year 2018.
By Air and Sea Flow Corridors: The flow corridor between European
countries and Portugal is the largest contributor in the freight forwarding
market because of the easy accessibility to European countries through road
& air network. However, Asian countries attributed second highest share in
generating revenue through air flow corridors. The major Asian countries that
trade with Portugal include China, Turkey, Kazakhstan and Japan.
By Different Modals: Multimodal shipments refer to the
transportation of goods under single contract and it is performed by several
different modes of transport (by rail, sea and road, for instance). Most of the
shipments took place through multi-modal which captured ~% of total freight
forwarding market revenue in the year 2018P. Uni-modal grabbed the remaining
share.
By End Users: Automotive industry dominated the end
user segment in Portugal freight forwarding market. The automotive industry
contributed revenue of EUR ~ million in the year 2018P. Food and Beverages is
the second largest end user segment in Portugal freight forwarding market as
Portugal largely relies on importing goods rather than manufacturing which
automatically increases the use of road and sea freight to import majority of
the products. The remaining market share of ~% was collectively captured
healthcare, retail and other market segments during the year 2018 within
Portugal freight forwarding market.
By 3PL and Integrated Logistics: Third Party Logistics dominated the
freight forwarding market of Portugal in the year 2018 as most companies
preferred to undertake third party logistics for providing freight forwarding
solutions to their clients.
The market
share held by 3PL business in the Portugal freight forwarding market was
evaluated to be ~% in the year 2018 whereas; integrated logistics business in
the country acquired the remaining revenue share of ~% in 2018.
Portugal Freight Forwarding Market Future
Outlook and Projections
The freight
forwarding market in Portugal is expected to incline in future, driven by rise
in trading in the country, surge in E-commerce industry along with continuous
investment by the government in developing the logistics infrastructure in
Portugal. The market revenues are further expected to increase from EUR ~
million during 2019 to EUR ~ million by the year ending 2024E.
How is Portugal Courier and Parcel Market
Positioned?
The courier
and parcel logistics market in Portugal was started way back in 1978, with the
entry of DHL in the market. However, express logistics market in Portugal
increased positively with the entrance of FedEx, TNT, DPD, and UPS express
during the period 1989-1997. Normal delivery was largely offered by the express
logistics companies during the period. On the other hand, fast delivery was a
result of commercialization and busier lifestyles as the customers started
demanding quick delivery of the products. This led to introduction of new
vertical in the logistics sector which was express courier. Parcels and
documents were shipped in the starting of express logistics market but with the
growth of E-commerce industry other products such as electronics, apparels,
vaccines and other items are also transported via express courier. The market
revenue saw positive growth during the review period of 5 years from 2013 to
2018 with a CAGR of ~%.
Key Segments Covered
By Services
Freight
Forwarding
Warehousing
Courier and
Parcel Activities
Value Added
Services
Portugal Freight Forwarding Market
By Mode of Service (Freight Volume, Revenue
Generated)
Road Freight
and Transportation through Pipelines
Sea Freight
Air Freight
By Mode of Freight
Domestic
Freight
International
Freight
By Flow Corridors
Asian
Countries
European
Countries
African
Countries
Others
(American, Australian Countries and many more)
By 3PL/ Contract Logistics and Integrated
Contract
Logistics
Integrated
Logistics
By End Users
Food and
Beverages
Healthcare
Retail
Automotive
(Spare Parts, Components)
Others
(Dangerous Goods and Chemicals)
By Different Modals
Multimodal
Unimodal
Portugal Courier and Parcel Logistics Market
By International and Domestic Express
International
Express
Domestic
Express
By Air and Ground Express
Air Express
Ground
Express
By Delivery Period
One Day
Delivery
Two Day
Delivery
Three Day
Delivery
More than
three Day Delivery
By Inter and Intra city
Intra City
Inter City
By Market Structure
B2B
B2C
C2C
By Region
Lisbon
Porto
Gaia
Others
Portugal Warehousing Market
By Business Model
Industrial
/Retail Container
Freight
/Inland Container Depot
Cold Storage
Others
By Region
Sines
Lisbon
Porto
Others
By Type of Warehouses
Closed
Warehouse
Open
Warehouse
Cold Storage
By 3PL and Integrated
Contract
Logistics Warehousing
Integrated
Warehouse
By End Users
Food and
Beverages
Automotive
(Spare Parts, Components)
Consumer
Retail
Healthcare
Others
Portugal Cold Chain Market
By Storage and Transportation
Cold Transportation
Cold Storage
By Products
Food and
Beverages
Pharmaceuticals
Meat and Sea
Food
Confectionaries
Chemicals
and Others
Portugal 3PL Market
By Service Mix
Freight
Forwarding
Warehousing
Portugal E-Commerce Logistics Market
By Delivery Period
Within 2
hours
Within 24
Hours
2-3 Day
Delivery
Others
Warehousing
Key Target Audience
Logistics
Companies
Warehousing
Companies
Freight
Forwarding Companies
Express
Logistics Companies
E-Commerce
Logistics Companies
3PL
Logistics Companies
E-Commerce
Companies
Cold Chain
Logistics Companies
Companies
seeking Logistics Services
Companies
seeking Warehousing Services
Companies
seeking Courier and Parcel Services
Time Period Captured in the Report:
Historical Period: 2013-2018
Forecast Period: 2019-2024
Companies Covered:
DHL Portugal
Abreu Cargo
TAP
Garland
DB Schenker
FedEx
Rangel
DSV Portugal
TIBA
KUEHNE +
NAGEL
LKW Walter
CEVA
Logistics
Noatum
Logistics
Kerry
Logistics
Laso
Transportes
Panalpina
Transcinco
Transitex
SEKO
Logistics
DHL Express
Portugal
FedEx
Express
UPS Express
CTT
Urbanos
TNT Portugal
Logista
(NACEX)
SEUR- DPD
Group
Key Topics Covered in the Report
Executive
Summary
Research
Methodology
Introduction
to Portugal Logistics and Warehousing Market
Portugal
Logistics and Warehousing Market Infrastructure
Cross
Comparison of Portugal Logistics and Warehousing Market with EU Countries
Portugal
Logistics and Warehousing Market Size, 2013-2018P
Portugal
Logistics and Warehousing Market Segmentation, 2013-2018P
Portugal
Freight Forwarding Market, 2013-2024E
Portugal
Courier and Parcel Market, 2013-2024E
Portugal
E-Commerce Logistics Market, 2013-2024E
Portugal
Third Party Logistics (3PL) Market, 2013-2024E
Portugal
Cold Chain Market, 2018P and 2024E
Portugal
Warehousing Market, 2013-2024E
Decision
Making Process for Portugal Logistics and Warehousing Market
Regulatory
Framework in Portugal Logistics and Warehousing
SWOT
Analysis of Portugal Logistics and Warehousing Market
Trends and
Developments in Portugal Logistics and Warehousing Market
Issues and
Challenges in Portugal Logistics and Warehousing Market
Company
Profiles of Major Players Operating in Portugal Logistics & Warehousing
Market
Portugal
Logistics and Warehousing Market Future Outlook and Projections, 2019E-2024E
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