How Freight Forwarding Market is
Positioned in Poland?
Prior
to 2004, businesses in Poland had limited access to the European market. The
transport infrastructure in the country was in need of improvement and hence
was seeking for significant investment by government. Since Poland’s accession
into the European Union (EU) in 2004, the trade flow has increased among the
countries in the EU. The trade between Poland and Germany has increased
substantially. Since then, the road transportation in the country has also
witnessed a positive change.
The
polish freight forwarding market is on a steady path of growth. The economic
outlook of the country is buoyant owing to the rising trade with European
countries, growth of the manufacturing industry and increase in agricultural
exports. Owing to the significant changes in geo-political and economic
scenario of the country, the freight forwarding market has witnessed
significant growth over the years. The freight market in the country is an
amalgamation of a number of Organized and unorganized players consisting of
freight forwarders specializing in land, sea or air transport and total
logistics services providers that operate a multimodal transport model.
The
Freight
Forwarding Industry grew robustly with a CAGR of ~% from 2012 to 2017.
The market grew from USD ~ billion in 2012 to USD ~ billion in 2017.
Poland's
geographical location makes it a transit hub between Western and Eastern
Europe, therefore the ongoing shift of Europe’s logistics center from Germany
to Poland is not surprising. This process accelerated significantly recently,
partially on the back of low labor costs and partially thanks to improving
quality of transport infrastructure.
The
freight forwarding market is dominated by land transport which includes road,
rail and transport through pipeline. Land transport is utilized to transport
almost all the products from a plethora of industries.
Poland Freight Forwarding Market
Segmentation
By Freight Mode
Poland
freight forwarding market has been majorly dominated by land and pipeline
freight in terms of revenues and has grown at a single digit during 2012-2017.
The sea freight market witnessed CAGR growth of ~% from 2012 to 2017. The rise
in trading activities between Poland and Europe has been the key reason behind
this growth. Air freight had a low share in the country freight forwarding
market. The overall revenues of the air freight market have decreased from USD
~ million in 2012 to USD ~ million in 2017.
By International and Domestic Freight
In
terms of domestic and international freight forwarding segmentation,
international freight forwarding has largely contributed in the revenues of the
industry. The top export destination of Poland include Germany, the U.K. Czech
republic, France, Italy, and the Netherlands while the top import destinations
are Germany, China, Russia, Italy, the Netherlands, and France. FMCG,
e-commerce and retail sector have witnessed substantial growth in the country.
Growth in these sectors positively contributed to the growth of domestic
freight forwarding market.
By Major Flow Corridors
Owing
to free trade agreement, the flow corridor between European Countries and
Poland is the largest contributor in the freight forwarding market. The top
importers from Poland in Europe include Germany, the U.K. Czech Republic,
France, Italy, and the Netherlands. The major Asian countries that trade with
Poland include China, South Korea, Japan and India. The trade of food and
agricultural products is increasing significantly between Poland and Asian
countries. Poland imports goods from the US with a total import value of USD ~
billion in 2015 and has exported the goods worth USD ~ billion in 2015. The two
way trade between the US and Poland has grown over the past decade which has
amplified the revenues of the freight forwarding industry from this region.
Poland Freight forwarding Market
Segmentation
By Normal and Express Delivery
Normal
deliveries have dominated the freight forwarding market over the years in
Poland. In 2017, normal deliveries contributed ~% of the total revenues of the
freight forwarding market which amounted to USD ~ billion. As per the global
competitive index, Poland is making strides in terms of improvement in the
quality of infrastructure. Owing to this, the time taken by transport vehicles
for domestic and international deliveries has decreased significantly. This is
one of the reasons for the dominance of normal deliveries in the freight
forwarding market. One of the key reasons for express deliveries having a lower
share in the Polish freight forwarding market is the limited time taken by
normal deliveries. However, with the surging e-commerce market, the demand of
express delivery services is gradually rising.
Poland Freight forwarding Market
Future Outlook
Poland
has transformed as a powerhouse for the transport and logistics market. The
industry has showcased strong growth momentum backed by entering the EU and
opening up European markets. Free trade agreement between Poland and other
countries, especially in Europe is expected to create a positive market for the
country. Not only European countries, Poland is on a drive to increase the
trade flows with countries in other regions as well. The freight forwarding
market is forecasted to dominate the Poland logistics market in future and grow
at a five year CAGR of ~% from 2018 to 2022. The Polish freight forwarding
market is expected to be driven by the rising industrial activities, growing
e-commerce industry, rising purchasing power, elevated demand for food,
upcoming infrastructural projects and focused investment by the government in
development of the industry. The manufacturing industry, automotive industry
and food and beverages industry are anticipated to surge the demand for freight
forwarding services in the country. In addition to this, road freight and rail
freight will dominate the freight forwarding market. The express delivery
market will witness significant growth during forecast period but will remain
lower in terms of overall market size than the normal delivery.
For more information on the research
report, refer to below link:
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