Cargo handling supports cargo warehousing by
basically controlling 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. As far as the travel agencies in Spain are concerned, it has an
established market in the global travel industry and ranks as one of the most
famous tourist destination.
The industry research report titled, “Cargo
Handling, Warehousing and Travel Agencies in Spain: ISIC 63” provides 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 offers 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 significant factors that mainly influence
the market (such as: new product developments, packaging innovations, economic
or lifestyle influences, distribution or pricing issues) are very well pictured
in this report in order to produce a transparent 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 the basis of market sizes
(historic and forecasts), company shares, brand shares and distribution data
such that true insights are released.
Some of the major players of this industry
namely involve: ABB Group, Pioneer Corporation, Liebherr Group, Kalmar Global,
Toyota Industries Corporation, Hyundai Heavy Industries, Seehafen Wismar GmbH,
Terex Corporation, JBT Corporation, Johnson Taylor Forklifts, and Konecranes
Plc.
The Port of Port of Spain (PPOS) has been
witnessed as one of the most prevalent cargo handling business units of the
Port Authority of Trinidad and Tobago since it carries out a horde of functions
including berthing for international container vessels, break bulk, roll- on/
roll-off, dry and liquid/bulk cargo vessels, as well as towage services,
container freight services and warehousing, and also acts as a one stop barrel
shop for clearance and delivery of personal effects.
With the increase in cargo traffic at the
ports in Spain, a massive potential for growth opportunities for cargo handling
equipments has been witnessed recently and accordingly, an increased affinity
to procure such equipments either on lease or on rent has been traced in
industries. Majorly, if looked upon globally, the European ports have managed
to achieve an affirmative growth rate in the cargo traffic especially at marine
ports, which is further expected to propel the growth of cargo handling
industry with the passage of time in major parts of Europe including Spain.
It has been observed that the recent trends
have triggered amplification in number of buyers of storage and warehousing,
like e-commerce, internet retailing, retail and wholesale industries, and have
ultimately contributed to the holistic development of the industry. Huge
investments in port infrastructure coupled with persistent developments of
internet retailing and tourism sectors in the country are expected to speed up
the market by 2021. A flourishing tourism sector is definitely going to have an
optimistic impact on the industry’s growth rates. Furthermore, owing to the
positive economic progress, and remarkable growth in the exports; the
industry’s performance has been noted to evolve at a decent CAGR by the end of
2016 and is anticipated to keep on ameliorating year after year registering
improved CAGRs in future.
Considering the travel agencies industry in
Spain; in 2016, international tourism spending in the country was valued
somewhere at 58.9 billion Euros and these statistics have further amplified in
2017 and will continue to rise at an increasing pace, leading to a positive
future market outlook. Lately, it has been noticed that the tourism sector is
experiencing a rise in market demands for travel agencies’ services as a result
of which, the market is anticipated to record more than 1% CAGR by 2021 owing
to the infrastructural investments along with ongoing innovations.
Today, travel and tourism are being treated as
the most significant activities in Spanish economy since they have a direct
impact on the overall economic growth of a country supplemented by booming
employment opportunities and thereby, the industry is all set to proliferate in
the coming years.
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about the research report:
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Ken Research
Ankur Gupta, Head Marketing &
Communications
0124-4230204