#3PL and Integrated Logistics Market Nigeria

[ken-research-market-research]

Nigeria Logistics Market Future Outlook: Ken Research Buy Now How Nigeria Logistics And Warehousing Market Evolved? Logistics is vital for the economic performance of any economy.  

[ratiram]

“On the back of the new Intra-regional trade and improving foreign trade ties, the logistics sector in Africa experienced a growth in 2018.”

Analysts at Ken Research in their latest publication “Africa Logistics and Warehousing Outlook to 2023- By Countries (South Africa, Kenya, Tanzania, Uganda, Nigeria, Namibia and Botswana), Freight Forwarding (Mode of Freight (Road, Rail, Air, Sea and Pipeline), By End Users and by Contract Logistics and Integrated Logistics Warehousing (Type of Warehouses, By End Users and by Contract and Integrated Logistics" believe that the Logistics and Warehousing market of the continent is at its growing stage. Growth in the intra regional trade would help boost the market.

Intra Regional Trade: With the help of the African Continental Free Trade Area there comes an establishment of a single continental market for goods and services which seeks to increase intra-African trade by cutting tariffs by 90% and harmonizing trading rules at a regional and continental level. If the trade agreement turns out to be successful the intra-African trade is expected to increase by 52.3% by 2022.

Growing Third Party Logistics: Growth of Third Party Logistics in Africa has increased by sharing assets, warehousing capacities, and even truckloads. This can enable you to bridge efficiency gaps, avoid under- and over-capacities, reduce the cost of specialized freight services, and eventually foster horizontal collaboration in the sector. This has helped both the prominent and the local players as the former is able to have a larger reach to the clients whereas the latter is able to have an access to their fleet.

Higher Cost of Logistics: The cost of logistics and warehousing in the continent is extremely high as compared to other regions.  In some areas of the continent the transport cost even accounts for a higher trade barrier than the import tariffs or any other trade restrictions. For the East African Community the logistics cost range between 1.7% and 2.8% of the GDP of those economies. Even a single day’s reduction in the inland travel times could lead to a 6-8% increase in the exports which is almost equivalent to the increase in exports which would have taken place with a 1.5% cut in import tariffs of a country.  It has also been estimated that a 10% drop of the logistics costs could help increase trade by 25% across the continent.

Retailers and Wholesalers are Major End Users: The largest revenue providers for the logistics market are the retailers and the wholesalers. Slower retail growth in South Africa has made the logistics companies explore other countries such as Algeria, Kenya and Angola. With respect to Algeria, the retail industry logistics is expected to grow by double digits by 2020. The government of Algeria has plans for the construction of a deep water port at El Hamdania which would also act as a catalyst for the growth of logistics in Africa.

Key Segments Covered

Africa Logistics and Warehousing:

By Service Mix (Freight Forwarding, Warehousing and Courier and Parcel Activities)

Africa Freight Forwarding:

By Mode of Service (Road Freight, Rail Freight, and Air Freight)

By Contract and Integrated Logistics

By End Users (Food, Beverages and Consumer Retail, Automotive and Healthcare and Others)

Africa Warehousing

By Type of Warehouses (Open, Closed, Cold Storage)

By End Users (Food and Beverages, Automotive, Consumer Retail, Healthcare and Others)

By Contract and Integrated Warehousing

Africa Companies Covered

Bollore Africa Logistics

Kuehne Nagel

DHL

Maersk

DSV Panalpine

CEVA Logistics

DB Schenker

Country Profiles

Botswana

Namibia

Tanzania

Uganda

Kenya

Nigeria

South Africa

Key Target Audience

Freight Forwarding Companies

Freight Forwarding Consultancy Companies

Contact Logistics  Companies

Warehousing Companies

Warehousing Consultancies

Venture Capitalists, PE

Freight Tech Companies

Investment Banks

Time Period Captured in the Report:-

Historical Period – 2013-2018

Forecast Period – 2019(E) -2023 (E)

Key Topics Covered in the Report:-

Logistics Infrastructure in Africa

Africa Freight Forwarding Market Overview

Africa Freight Forwarding Market Size Country Profiles (Botswana, Namibia, Tanzania, Uganda, Kenya, Nigeria and South Africa)

Competitive Scenario in Africa Freight Forwarding Market

Company Profiles of Major Players in Africa Freight Forwarding Market

Africa Freight Forwarding Market Future Outlook and Projections

Africa Freight Forwarding Future Market Size

Africa Freight Forwarding Market Future Segmentation

Analyst Recommendations

Africa Warehousing Market Sixe

Competitive Scenarios in Africa Warehousing Market

Africa Warehousing Future Outlook and Projections

Warehousing Future Market Size and Segmentation

Analyst recommendation

Snapshot on Africa courier , Express and Parcels Market

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

Africa Logistics and Warehousing Market

Related reports

Uganda Logistics and Warehousing Market Outlook to 2022/23 – By Rail, Land, Air Freight Forwarding; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding, By warehousing (Industrial / Retail, Container Freight / Inland Container Depot and Cold Storage), By Courier and Parcel

Nigeria Logistics and Warehousing Market Outlook to 2023 – By Sea, Land, Pipeline, Air Freight Forwarding; International and Domestic Freight, Integrated and 3PL Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), By End Users, 3PL Warehousing, Type of Warehouses; By Courier Express and Parcel Logistics and E-commerce Logistics

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

[un-enfant-immature]

Nigerian logistics startup Kobo360 raises $6M, expands in Africa

Jake Bright Contributor

Jake Bright is a writer and author in New York City. He is co-author of The Next Africa.

More posts by this contributor

SimbaPay launches Kenya to China payment service over WeChat

Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital

Nigerian trucking logistics startup Kobo360 has raised $6 million to upgrade its platform and expand operations to Ghana, Togo, and Cote D’Ivoire.

The company — with an Uber -like app that connects truckers and companies with freight needs — gained the equity financing in an IFC led investment. The funding saw participation from others, including TLcom Capital and Y Combinator.

With the investment Kobo360 aims to become more than a trucking transit app.

“We started off as an app, but our goal is to build a global logistics operating system. We’re no longer an app, we’re a platform,” founder Obi Ozor told TechCrunch.

In addition to connecting truckers, producers and distributors, the company is building that platform to offer supply chain management tools for enterprise customers.

“Large enterprises are asking us for very specific features related to movement, tracking, and sales of their goods. We either integrate other services, like SAP, into Kobo or we build those solutions into our platform directly,” said Ozor.

Kobo360 will start by developing its API and opening it up to large enterprise customers.

“We want clients to be able to use our Kobo dashboard for everything; moving goods, tracking, sales, and accounting…and tackling their challenges,” said Ozor.

Kobo360 will also build more physical presence throughout Nigeria to service its business. “We’ll open 100 hubs before the end of 2019…to be able to help operations collect proof of delivery, to monitor trucks on the roads, and have closer access to truck owners for vehicle inspection and training,” said Ozor.

Kobo360 will add more warehousing capabilities, “to support our reverse logistics business”—one of the ways the company brings prices down by matching trucks with return freight after they drop their loads, rather than returning empty, according to Ozor.

Kobo360 will also use its $6 million investment to expand programs and services for its drivers, something Ozor sees as a strategic priority.

“The day you neglect your drivers you are not going to have a company, only issues. If Uber were more driver focused it would be a trillion dollar company today,” he said.

The startup offers drivers training and group programs on insurance, discounted petrol, and vehicle financing (KoboWin). Drivers on the Kobo360 app earn on average approximately $5000 per month, according to Ozor.

Under KoboCare, Kobo360 has also created an HMO for drivers and an incentive based program to pay for education. “We give school fee support, a 5000 Naira bonus per trip for drivers toward educational expenses for their kids,” said Ozor.

Kobo360 will complete limited expansion into new markets Ghana, Togo, and Cote D’Ivoire in 2019. “The expansion will be with existing customers, one in the port operations business, one in FMCG, and another in agriculture,” said Ozor

Ozor thinks the startup’s asset-free, digital platform and business model can outpace traditional long-haul 3PL providers in Nigeria by handling more volume at cheaper prices.

“Owning trucks is just too difficult to manage. The best scalable model is to aggregate trucks,” he told TechCrunch in a previous interview.

With the latest investment, IFC’s regional head for Africa Wale Ayeni and TLcom senior partner Omobola Johnson will join Kobo360’s board. “There’s a lot of inefficiencies in long-haul freight in Africa…and they’re building a platform that can help a lot of these issues,” said Ayeni of Kobo360’s appeal as an investment.

The company has served 900 businesses, aggregated a fleet of 8000 drivers and moved 155 million kilograms, per company stats. Top clients include Honeywell, Olam, Unilever, Dangote, and DHL.

MarketLine estimated the value of Nigeria’s transportation sector in 2016 at $6 billion, with 99.4 percent comprising road freight.

Logistics has become an active space in Africa’s tech sector with startup entrepreneurs connecting digital to delivery models. In Nigeria, Jumia founder Tunde Kehinde departed and founded Africa Courier Express. Startup Max.ng is wrapping an app around motorcycles as an e-delivery platform. Nairobi-based Lori Systems has moved into digital coordination of trucking in East Africa. And U.S.-based Zipline—who launched drone delivery of commercial medical supplies in partnership with the government of Rwanda and support of UPS—and is in “process of expanding to several other countries,” according to a spokesperson.

Kobo360 has plans for broader Africa expansion but would not name additional countries yet.

Ozor said the company is profitable, though the startup does not release financial results. Wale Ayeni also wouldn’t divulge revenue figures, but confirmed IFC’s did full “legal and financial due diligence on Kobo’s stats,” as part of the investment.

Ozor named Lori Systems as Kobo360’s closest African startup competitor.

On the biggest challenge to revenue generation, it’s all about service delivery and execution, according to Ozor.

“We already have volume and demand in the market. The biggest threat to revenues is if Kobo360’s platform doesn’t succeed in solving our client’s problems and bringing reliability to their needs,” he said.

[captainvileshmodiworld-blog]

Global Logistics Services (3PL & 4PL) Market 2019 | Manufacturers In-Depth Analysis Report to 2024

The latest trending report Global Logistics Services (3PL & 4PL) Market 2019-2024 added by DecisionDatabases.com

The 3PLs of today can provide a much broader range of services than they used to. It used to be that their primary focus was on warehousing and shipping, so if you sent them your product they would store it and ship it for you. Now, 3PLs can handle almost your entire business. This includes not only the complete supply chain cycle, but also such functions as customer service, order management, sales support, ecommerce and IT integration. In fact, there are very few aspects of your business that a 3PL can’t take care of for you and in many cases, they have technology and resources that you may not, so you get the benefit of top-tier tech without the investment.

The worldwide market for Logistics Services (3PL & 4PL) is expected to grow at a CAGR of roughly 1.9% over the next five years, will reach 880 million US$ in 2024, from 790 million US$ in 2019.

This report focuses on the Logistics Services (3PL & 4PL) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/43738-logistics-services-3pl-and-4pl-industry-analysis-report

Market Segment by Manufacturers, this report covers

·          DHL Supply Chain & Global Forwarding

·          Kuehne + Nagel

·          DB Schenker Logistics

·          Nippon Express

·          C.H. Robinson Worldwide

·          UPS Supply Chain Solutions

·          DSV

·          Sinotrans

·          CEVA Logistics

·          Expeditors International of Washington

·          Dachser

·          Panalpina

·          GEODIS

·          Toll Holdings

·          J.B. Hunt (JBI, DCS & ICS)

·          Hitachi Transport System

·          XPO Logistics

·          GEFCO

·          Yusen Logistics

·          Agility

Market Segment by Regions, regional analysis covers

·          North America (United States, Canada and Mexico)

·          Europe (Germany, France, UK, Russia and Italy)

·          Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

·          South America (Brazil, Argentina, Colombia etc.)

·          Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

·          Transportation

·          Warehousing

·          Value-added Services

·          Lead Logistics Provider Services/4PL

·          Other

Market Segment by Applications, can be divided into

·          Consumer Goods

·          Healthcare

·          Industrial

·          Elements

·          Food, Groceries

·          Automotive

·          Technological

·          Retailing

·          Other

Download Free Sample Report of Global Logistics Services (3PL & 4PL) Market @ https://www.decisiondatabases.com/contact/download-sample-43738

The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Logistics Services (3PL & 4PL) product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of Logistics Services (3PL & 4PL), with price, sales, revenue and global market share of Logistics Services (3PL & 4PL) in 2017 and 2018. Chapter 3, the Logistics Services (3PL & 4PL) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Logistics Services (3PL & 4PL) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019. Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019. Chapter 12, Logistics Services (3PL & 4PL) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe Logistics Services (3PL & 4PL) sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Purchase the complete Global Logistics Services (3PL & 4PL) Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-43738

Other Reports by DecisionDatabases.com:

Global Spare Parts Logistics Market 2019 by Company, Regions, Type and Application, Forecast to 2024 @ https://www.decisiondatabases.com/ip/25273-spare-parts-logistics-market-analysis-report

Global Logistics Box Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 @ https://www.decisiondatabases.com/ip/40469-logistics-box-industry-analysis-report

About-Us: DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.

Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.

For more details:              DecisionDatabases.com E-Mail: sales@decisiondatabases.com Phone: +91 9028057900 Web: https://www.decisiondatabases.com/

[theinvinciblenoob]

Jake Bright Contributor

Jake Bright is a writer and author in New York City. He is co-author of The Next Africa.

More posts by this contributor

SimbaPay launches Kenya to China payment service over WeChat

Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital

Nigerian trucking logistics startup Kobo360 has raised $6 million to upgrade its platform and expand operations to Ghana, Togo, and Cote D’Ivoire.

The company — with an Uber -like app that connects truckers and companies with freight needs — gained the equity financing in an IFC led investment. The funding saw participation from others, including TLcom Capital and Y Combinator.

With the investment Kobo360 aims to become more than a trucking transit app.

“We started off as an app, but our goal is to build a global logistics operating system. We’re no longer an app, we’re a platform,” founder Obi Ozor told TechCrunch.

In addition to connecting truckers, producers and distributors, the company is building that platform to offer supply chain management tools for enterprise customers.

“Large enterprises are asking us for very specific features related to movement, tracking, and sales of their goods. We either integrate other services, like SAP, into Kobo or we build those solutions into our platform directly,” said Ozor.

Kobo360 will start by developing its API and opening it up to large enterprise customers.

“We want clients to be able to use our Kobo dashboard for everything; moving goods, tracking, sales, and accounting…and tackling their challenges,” said Ozor.

Kobo360 will also build more physical presence throughout Nigeria to service its business. “We’ll open 100 hubs before the end of 2019…to be able to help operations collect proof of delivery, to monitor trucks on the roads, and have closer access to truck owners for vehicle inspection and training,” said Ozor.

Kobo360 will add more warehousing capabilities, “to support our reverse logistics business”—one of the ways the company brings prices down by matching trucks with return freight after they drop their loads, rather than returning empty, according to Ozor.

Kobo360 will also use its $6 million investment to expand programs and services for its drivers, something Ozor sees as a strategic priority.

“The day you neglect your drivers you are not going to have a company, only issues. If Uber were more driver focused it would be a trillion dollar company today,” he said.

The startup offers drivers training and group programs on insurance, discounted petrol, and vehicle financing (KoboWin). Drivers on the Kobo360 app earn on average approximately $5000 per month, according to Ozor.

Under KoboCare, Kobo360 has also created an HMO for drivers and an incentive based program to pay for education. “We give school fee support, a 5000 Naira bonus per trip for drivers toward educational expenses for their kids,” said Ozor.

Kobo360 will complete limited expansion into new markets Ghana, Togo, and Cote D’Ivoire in 2019. “The expansion will be with existing customers, one in the port operations business, one in FMCG, and another in agriculture,” said Ozor

Ozor thinks the startup’s asset-free, digital platform and business model can outpace traditional long-haul 3PL providers in Nigeria by handling more volume at cheaper prices.

“Owning trucks is just too difficult to manage. The best scalable model is to aggregate trucks,” he told TechCrunch in a previous interview.

With the latest investment, IFC’s regional head for Africa Wale Ayeni and TLcom senior partner Omobola Johnson will join Kobo360’s board. “There’s a lot of inefficiencies in long-haul freight in Africa…and they’re building a platform that can help a lot of these issues,” said Ayeni of Kobo360’s appeal as an investment.

The company has served 900 businesses, aggregated a fleet of 8000 drivers and moved 155 million kilograms, per company stats. Top clients include Honeywell, Olam, Unilever, Dangote, and DHL.

MarketLine estimated the value of Nigeria’s transportation sector in 2016 at $6 billion, with 99.4 percent comprising road freight.

Logistics has become an active space in Africa’s tech sector with startup entrepreneurs connecting digital to delivery models. In Nigeria, Jumia founder Tunde Kehinde departed and founded Africa Courier Express. Startup Max.ng is wrapping an app around motorcycles as an e-delivery platform. Nairobi-based Lori Systems has moved into digital coordination of trucking in East Africa. And U.S.-based Zipline—who launched drone delivery of commercial medical supplies in partnership with the government of Rwanda and support of UPS—and is in “process of expanding to several other countries,” according to a spokesperson.

Kobo360 has plans for broader Africa expansion but would not name additional countries yet.

Ozor said the company is profitable, though the startup does not release financial results. Wale Ayeni also wouldn’t divulge revenue figures, but confirmed IFC’s did full “legal and financial due diligence on Kobo’s stats,” as part of the investment.

Ozor named Lori Systems as Kobo360’s closest African startup competitor.

On the biggest challenge to revenue generation, it’s all about service delivery and execution, according to Ozor.

“We already have volume and demand in the market. The biggest threat to revenues is if Kobo360’s platform doesn’t succeed in solving our client’s problems and bringing reliability to their needs,” he said.

via TechCrunch

[fmservers]

Nigerian logistics startup Kobo360 raises $6M, expands in Africa

Jake Bright Contributor

Jake Bright is a writer and author in New York City. He is co-author of The Next Africa.

More posts by this contributor

SimbaPay launches Kenya to China payment service over WeChat

Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital

Nigerian trucking logistics startup Kobo360 has raised $6 million to upgrade its platform and expand operations to Ghana, Togo, and Cote D’Ivoire.

The company — with an Uber -like app that connects truckers and companies with freight needs — gained the equity financing in an IFC led investment. The funding saw participation from others, including TLcom Capital and Y Combinator.

With the investment Kobo360 aims to become more than a trucking transit app.

“We started off as an app, but our goal is to build a global logistics operating system. We’re no longer an app, we’re a platform,” founder Obi Ozor told TechCrunch.

In addition to connecting truckers, producers and distributors, the company is building that platform to offer supply chain management tools for enterprise customers.

“Large enterprises are asking us for very specific features related to movement, tracking, and sales of their goods. We either integrate other services, like SAP, into Kobo or we build those solutions into our platform directly,” said Ozor.

Kobo360 will start by developing its API and opening it up to large enterprise customers.

“We want clients to be able to use our Kobo dashboard for everything; moving goods, tracking, sales, and accounting…and tackling their challenges,” said Ozor.

Kobo360 will also build more physical presence throughout Nigeria to service its business. “We’ll open 100 hubs before the end of 2019…to be able to help operations collect proof of delivery, to monitor trucks on the roads, and have closer access to truck owners for vehicle inspection and training,” said Ozor.

Kobo360 will add more warehousing capabilities, “to support our reverse logistics business”—one of the ways the company brings prices down by matching trucks with return freight after they drop their loads, rather than returning empty, according to Ozor.

Kobo360 will also use its $6 million investment to expand programs and services for its drivers, something Ozor sees as a strategic priority.

“The day you neglect your drivers you are not going to have a company, only issues. If Uber were more driver focused it would be a trillion dollar company today,” he said.

The startup offers drivers training and group programs on insurance, discounted petrol, and vehicle financing (KoboWin). Drivers on the Kobo360 app earn on average approximately $5000 per month, according to Ozor.

Under KoboCare, Kobo360 has also created an HMO for drivers and an incentive based program to pay for education. “We give school fee support, a 5000 Naira bonus per trip for drivers toward educational expenses for their kids,” said Ozor.

Kobo360 will complete limited expansion into new markets Ghana, Togo, and Cote D’Ivoire in 2019. “The expansion will be with existing customers, one in the port operations business, one in FMCG, and another in agriculture,” said Ozor

Ozor thinks the startup’s asset-free, digital platform and business model can outpace traditional long-haul 3PL providers in Nigeria by handling more volume at cheaper prices.

“Owning trucks is just too difficult to manage. The best scalable model is to aggregate trucks,” he told TechCrunch in a previous interview.

With the latest investment, IFC’s regional head for Africa Wale Ayeni and TLcom senior partner Omobola Johnson will join Kobo360’s board. “There’s a lot of inefficiencies in long-haul freight in Africa…and they’re building a platform that can help a lot of these issues,” said Ayeni of Kobo360’s appeal as an investment.

The company has served 900 businesses, aggregated a fleet of 8000 drivers and moved 155 million kilograms, per company stats. Top clients include Honeywell, Olam, Unilever, Dangote, and DHL.

MarketLine estimated the value of Nigeria’s transportation sector in 2016 at $6 billion, with 99.4 percent comprising road freight.

Logistics has become an active space in Africa’s tech sector with startup entrepreneurs connecting digital to delivery models. In Nigeria, Jumia founder Tunde Kehinde departed and founded Africa Courier Express. Startup Max.ng is wrapping an app around motorcycles as an e-delivery platform. Nairobi-based Lori Systems has moved into digital coordination of trucking in East Africa. And U.S.-based Zipline—who launched drone delivery of commercial medical supplies in partnership with the government of Rwanda and support of UPS—and is in “process of expanding to several other countries,” according to a spokesperson.

Kobo360 has plans for broader Africa expansion but would not name additional countries yet.

Ozor said the company is profitable, though the startup does not release financial results. Wale Ayeni also wouldn’t divulge revenue figures, but confirmed IFC’s did full “legal and financial due diligence on Kobo’s stats,” as part of the investment.

Ozor named Lori Systems as Kobo360’s closest African startup competitor.

On the biggest challenge to revenue generation, it’s all about service delivery and execution, according to Ozor.

“We already have volume and demand in the market. The biggest threat to revenues is if Kobo360’s platform doesn’t succeed in solving our client’s problems and bringing reliability to their needs,” he said.

Via Jonathan Shieber https://techcrunch.com

[ken-research-market-research]

Growth in Nigeria Logistics Market Driven by Infrastructural Investment, Increase in Trade and Entry of International Players: Ken Research Buy Now “Marked with the booming economy and improving foreign ties, the logistics sector in Nigeria experienced high growth in 2018.”

[ken-research-market-research]

Nigeria Logistics Market Research Report: Ken Research Buy Now The report titled “Nigeria Logistics and Warehousing Market Outlook to 2023 – By Sea, Land, Pipeline, Air Freight Forwarding; International and Domestic Freight, Integrated and 3PL Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), By End Users, 3PL Warehousing, Type of Warehouses; By Courier Express and Parcel Logistics and E-commerce Logistics…

[ken-research-market-research]

Nigeria Freight Forwarding Market is Driven by Increasing Oil Exports, Infrastructural Investment, and Boost in Foreign Trade: Ken Research Buy Now “On the back of the new Standard Gauge Railway and improving foreign trade ties, the logistics sector in Nigeria experienced high growth in 2018.”

[ken-research-market-research]

Nigeria Freight Forwarding Market Outlook to 2023: Ken Research Buy Now The report titled “Nigeria Freight Forwarding Market Outlook to 2023 – By Sea, Land, Air, Rail, and Pipeline Freight; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding…

[ken-research-market-research]

Nigeria Freight Forwarding Industry Analysis: Ken Research

Nigeria Freight Forwarding Industry Analysis: Ken Research

Buy Now

How Nigeria Freight Forwarding Market Evolved?

Logistics is vital for the economic performance of any economy.  Nigeria, like other African countries, has structural issues such as logistics infrastructure and cumbersome customs procedures at the seaports.

Freight forwarders specialize in arranging to ship merchandise on behalf of its shippers. They usually provide a full range of…

[ken-research-market-research]

Nigeria Freight Forwarding Market is Expected to Cross USD 1 Billion by 2023: According to Market Research Report by Ken Research

Nigeria Freight Forwarding Market is Expected to Cross USD 1 Billion by 2023: According to Market Research Report by Ken Research

Buy Now

Nigerian Government is likely to continue to spend about 3.7% of GDP per year on infrastructure between 2017 and 2030 and close to 3.1% of GDP between 2030 and 2040.

Nigeria is expected to build the Lekki Lagos Airport on a 3,000-hectare plot and largest Deep Sea Port project at a budget of USD 1.5 billion which is expected to be completed by 2020 that will decongest the traffic near…

[ken-research-market-research]

Nigeria Logistics Industry | Nigeria warehousing Market: Ken Research

Nigeria Logistics Industry | Nigeria warehousing Market: Ken Research

Buy Now

Nigeria Courier, Express and Parcel Logistics Market

The overall revenue generated by the CEP Logistics market has increased from USD ~ Million in 2013 to USD ~ Million in 2018 at a positive CAGR of ~%during the period.

By B2B, B2C, and C2C: The growth of e-commerce business has led to a convergence of B2B and B2C traffic, with parcel logistics providers increasingly embracing both to…

[ratiram]

The report titled “Africa Logistics and Warehousing Outlook to 2023- By Countries (South Africa, Kenya, Tanzania, Uganda, Nigeria, Namibia and Botswana), Mode of Freight (Road, Rail, Air, Sea and Pipeline), By End Users and by 3PL, By Type of Warehouses” provides a comprehensive analysis of the Logistics market of Africa. The report covers the overall size and future outlook of the freight forwarding and warehousing market along with a snap shot on the courier and parcels market along with a number of segments for each. The competitive landscape of the warehousing and freight forwarding segment is also present. The same has been concluded with analyst recommendations.

Africa Logistics Market Overview and Size: The African logistics market has seen a steady growth between 2013 and 2018 accounting to a single digit CAGR during this period. The continent is extremely rich with natural resources and increase in mining of coal has helped the market grow. The major exporting partners include United States, China and Japan. Infrastructure has been problematic for Africa and China has helped tremendously to curb the issue. China has made a number of investments to improve the roads, ports and railways which has helped in the growth of the market. The Freight Forwarding Market contributes the most towards the overall logistics market of Africa.

Africa Freight Forwarding Market: Contract logistics is known as the driving force for the freight forwarding market and is opted frequently. The market has experienced a growth in its study period resulting in a single digit CAGR. Food and beverages has been the market’s driving force as most of the consumer spending is towards the same. Road freight was observed to be the most preferred mode of transportation due to the development in the road infrastructure; followed by sea and rail freight. Future trends in the market focus on Africa having less trade with developed nations and more with developing nations.

Africa Warehousing Market: The warehousing market of the continent is at its growing stage. The food and beverages market is the dominant user of the warehousing market in Africa. Open storage are preferred the most as compared to closed and cold storage warehouses. East Africa will lead in the demand for industrial space, which is set to grow at six per cent annually in Ethiopia, and at 5.1 percent and 3.6 percent in Uganda and Kenya, respectively. In response to the growing demand for warehousing, Africa North Africa is expected to experience a gradual growth over the next 10 years. Egypt and Morocco currently have higher demand estimates than East and West Africa in terms of size but are set to grow at a slower rate

Competitive Scenario: Most of the African countries have few dominant international freight forwarding players in the market. The lack of infrastructure and capital make the local players resort to third party logistics, which is estimated to be the same in the future. Some of the major companies include Bollore Africa Logistics, Kuehne Nagel , DHL, Maersk, DSV Panalpina , CEVA Logistics and DB Schenker .The industry is at a growth stage in terms of parameters such as technology, efficiency and service portfolio but not pricing as the logistic cost is too high leading to contraction of manufacturing sector in the GDP.

Country Profiles

Botswana: Botswana being a landlocked country is highly dependent on road for the transportation of their goods which also has the highest revenue percentage towards the overall freight forwarding market. The market is dominated by international players and has experienced a single digit CAGR during 2013-2018.

Namibia: Namibia is considered to have one of the best road networks in Africa which also helps the road freight to dominate over the market. The country offers dry port facilities to Zambia, Botswana, Zimbabwe and other landlocked countries. New container terminals are built on Walvis Bay which would help double its capacity in the future.

Tanzania: Amongst the countries taken into consideration the market of Tanzania has experienced the maximum growth owing to a double digit CAGR between 2013 and 2018. The market is highly concentrated with international players and the international freight dominates. The new local companies entering the market haven’t been able to adopt the new technologies and resort to third party logistics.

Uganda: Being a landlocked country multimodal transportation has gained importance in the country. The Gulu town in Northern Uganda is to get a new USD 8.8 million trade logistics hub with money provided by the EU. The warehousing market experienced an increase in demand which could be attributed to introduction of warehouse receipt system, increase in the industrial/business parks, initiatives by United nations and decline in rental rates for warehouses.

Kenya: Kenya has achieved rank 61 in the East of Doing Business Index and rank 68 in the Logistics Performance Index. Road Transport dominates the freight forwarding market due to the monopolistic demand of road transport for delivery in remote regions, to the landlocked neighboring countries, and for the last mile delivery. There are approximately 120,000 standard warehouses in Kenya, with more than 1000 warehouses in Embakasi itself. Some of the major warehousing companies include Bollore, Agility and DSV.

Nigeria: Increasing Nigerian local food products in the country has triggered the demand for logistics and warehousing making food and beverages the leading end user for freight forwarding. Due to infrastructural challenges, big market players prefer to outsource services to local transporters and focus on their core competencies. The Lekki free trade zone project was established focusing on the development of logistics and warehousing center in the southeastern part of Nigeria.

South Africa: The FMCG, Retail and Automotive industries in the country played a significant role, especially for the domestic market, in the growth of freight forwarding market in South Africa. The country is the most developed in terms of infrastructure and techniques being used. The warehousing sector experienced a slow growth due to the economic slowdown and political instability in the country. The major companies include Value Logistics, Bidvest Panalpina and Access Freight International.

Future Outlook and Projections: The overall logistics and warehousing market of the continent is expected to grow by a single digit CAGR from 2018 to 2023. Growth in intra-regional trade and projects like AFCFTA has helped in the same. The largest trigger of the logistics and warehousing market in the long run is the development of infrastructure and construction sector. This has caused a spree of developments in the country which has increased the trade and warehousing activity in the continent. Investments in advanced technologies solutions such as autonomous logistics, real-time tracking and automation in order to provide an improved customer service will also boost the market of Africa.

Key Segments Covered

Africa Logistics and Warehousing:

By Service Mix (Freight Forwarding, Warehousing and Courier and Parcel Activities)

Africa Freight Forwarding:

By Mode of Service (Road Freight, Rail Freight, and Air Freight)

By Contract and Integrated Logistics

By End Users (Food, Beverages and Consumer Retail, Automotive and Healthcare and Others)

Africa Warehousing

By Type of Warehouses (Open, Closed, Cold Storage)

By End Users (Food and Beverages, Automotive, Consumer Retail, Healthcare and Others)

By Contract and Integrated Warehousing

Africa Companies Covered

Bollore Africa Logistics

Kuehne Nagel

DHL

Maersk

DSV Panalpine

CEVA Logistics

DB Schenker

Country Profiles

Botswana

Namibia

Tanzania

Uganda

Kenya

Nigeria

South Africa

Key Target Audience

Freight Forwarding Companies

Freight Forwarding Consultancy Companies

Contact Logistics  Companies

Warehousing Companies

Warehousing Consultancies

Venture Capitalists, PE

Freight Tech Companies

Investment Banks

Time Period Captured in the Report:-

Historical Period – 2013-2018

Forecast Period – 2019(F) -2023 (F)

Key Topics Covered in the Report:-

Logistics Infrastructure in Africa

Africa Freight Forwarding Market Overview

Africa Freight Forwarding Market Size

Country Profiles (Botswana, Namibia, Tanzania, Uganda, Kenya, Nigeria and South Africa)

Competitive Scenario in Africa Freight Forwarding Market

Company Profiles of Major Players in Africa Freight Forwarding Market

Africa Freight Forwarding Market Future Outlook and Projections

Africa Freight Forwarding Future Market Size

Africa Freight Forwarding Market Future Segmentation

Analyst Recommendations

Africa Warehousing Market Sixe

Competitive Scenarios in Africa Warehousing Market

Africa Warehousing Future Outlook and Projections

Warehousing Future Market Size and Segmentation

Analyst recommendation

Snapshot on Africa Courier , Express and Parcels Market

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

Africa Logistics and Warehousing Market

Related reports

Nigeria Logistics and Warehousing Market Outlook to 2023 – By Sea, Land, Pipeline, Air Freight Forwarding; International and Domestic Freight, Integrated and 3PL Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), By End Users, 3PL Warehousing, Type of Warehouses; By Courier Express and Parcel Logistics and E-commerce Logistics

Uganda Logistics and Warehousing Market Outlook to 2022/23 – By Rail, Land, Air Freight Forwarding; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding, By warehousing (Industrial / Retail, Container Freight / Inland Container Depot and Cold Storage), By Courier and Parcel

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