DUBLIN–(BUSINESS WIRE)–The “Australia Freight and Logistics Market – Growth, Trends, Covid-19 Impact, and Forecasts (2022 – 2027)” report has been added to ResearchAndMarkets.com’s offering.
The Australian logistics market was valued at USD 81.28 billion in 2021, and it is expected to reach USD 114.32 billion by 2027, registering a growth rate of 5.85% during the forecast period (2022-2027).
- Deutsche Post DHL Group
- Yusen Logistics Co. Ltd
- DB Schenker
- CEVA Logistics
- Agility Logistics Pvt. Ltd
- Mainfreight Limited
- Kuehne + Nagel International AG
- FedEx Corporation
- Hellmann Worldwide Logistics
- Linfox Pty Ltd
- SCT Logistics
- Aurizon Holdings Limited
- Qube Holdings Ltd
- Kings Transport
- Toll Group
- K&S Corporation Limited
- Lindsay Australia
- AirRoad Group
- Glen Cameron Group
Key Market Trends
Increasing Investments On Infrastructure
Government investment in infrastructure development of road, rail, air, and water transport facilities are anticipated to drive the Australian logistics and warehousing industry in coming years, through investment including AUD 70 billion allocated for transport infrastructure from 2014 to 2021 and AUD 75 billion for funding road and rail infrastructure from 2018 to 2027.
The partnership of the Australian government with New South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania, Northern Territory, and the Australian Capital Territory is expected to assist the various land transport infrastructure projects.
The Australian government is investing AUD 110 billion on land transport infrastructure across Australia over the next ten years, from 2021 to 2022, through its rolling infrastructure pipeline, the majority of which is funded under the infrastructure investment program.
This program is part of the government’s larger plan to reduce traffic congestion, improve regional connectivity, address the national freight challenge, bring Australians home faster and safer, and build a stronger and more resilient Australia.
The government announced commitments of AUD 15.2 billion over ten years for road, rail, and community infrastructure projects as part of its stimulus measures to support employment in the post-pandemic economy.
Bulk Freight driving the market
Despite the COVID-19 induced global recession, Australian export values were just 0.7% lower in Q1 2021 relative to Q1 2020. However, this strong performance is largely attributable to record iron ore receipts, up 65% year-over-year to AUD 38 billion in Q1 amid high global prices and robust Chinese demand.
Iron ore aside, goods exports to China fell 40% year-over-year in Q1 (and 10% to the rest of the world). Iron ore combined exports of Australia and Brazil amounted to over 20 metric ton in the first half of 2021 compared to the same period last year.
Iron ore accounted for 38% of Australian goods exports and 77% of goods exports to China in Q1 (up from 20% and 48% respectively two years ago). The bulker market rebounded strongly in 2021 as demand for dry bulks recovered post-pandemic, resulting in strong rates. Trade flows have also changed this year as geopolitical tensions between Australia and China, increasing cargo miles and tightening ship availability.
For Australian coal, which has faced restrictions in the Chinese market since late 2020, new windows of opportunities have opened up. Many other Asian markets, such as India, Japan, South Korea, and Taiwan, have witnessed sharp Australian coal inflows.
China imposed the unofficial ban on Australian coal in November 2020 after the island nation supported calls for an international investigation into China’s handling of the COVID-19 outbreak earlier in the year.
Japan, South Korea, and Taiwan have been major consumers of high-CV Australian coal, given the lower cost of freight in comparison to other origins of high-CV coal. While imports in January-September 2020 witnessed a year-on-year decline because of the pandemic, the increase in shipments of Australian coal to those countries in the same period of 2021 has been markedly higher. In January-September 2021, Japan imported 82.3 million metric ton of coal, with 59.5 million metric ton coming from Australia.
Key Topics Covered:
2 RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS AND INSIGHTS
4.1 Current Market Scenario
4.2 Market Dynamics
4.3 Industry Attractiveness Porter’s Five Forces Analysis
4.4 Value Chain/Supply Chain Analysis
4.5 Government Regulations and Initiatives
4.6 Technological Trends (Overview of Industry 4.0 in Australia and its Impact on the Logistics Sector)
4.7 Insights into the E-commerce Industry (Domestic and Cross-border E-commerce)
4.8 Insights into Areas such as Courier, Express, and Parcel (CEP) Industry and Contract Logistics (Including Market Sizes)
4.9 Spotlight – Comprehensive and Progressive Agreement for Trans-Pacific Partnership and its Effect on the Logistics Sector
4.10 Elaboration on Intermodal Transportation in Australia
4.11 Brief on Freight Transportation Costs/Freight Rates in Australia
4.12 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION (Market Size by Value)
6 COMPETITIVE LANDSCAPE
6.2 Company Profiles
6.3 Other Companies
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/mkw66b
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