Authored By: Sarah
11 Oct 2023

APAC-Contract Logistics Market Analysis | BCR Australia Pty Ltd., C H Robinson Worldwide Inc., and CEVA Logistics AG are among significant contributors

Competitive Benchmarking and Forecasts for Market Players 2023-2027

The rising e-commerce market in APAC, the growth of e-commerce startups, and the increasing need for efficient logistics operations are transforming the APAC-Contract Logistics Market into a billion-dollar sector, with an estimated revenue growth of USD 51.2 Bn. It is estimated the market will exhibit growth at a CAGR of 8.2% between 2022 and 2027.

As per data from the Census Bureau of the Department of Commerce, in the third quarter of 2021, e-commerce sales increased by 6.6% from the third quarter of 2020, while total retail sales increased by 13.1% in the same period, E-commerce sales in the third quarter of 2021 accounted for 13% of total sales.

Technavio's Senior Analyst said ~ "the growing e-commerce market in APAC is the major growth driver of the APAC contract logistics market as there is an increasing adoption of contract logistics services in APAC due to the growing demand for online shopping and transactions”

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Snapshot of APAC-Contract Logistics Market

Core Companies and their Key Offerings: When it comes to the key market players, the rising demand from consumers of the region, pushing the core companies to come up with a wide range of offerings as per requirements and demand.

Some of the key offerings from the leading companies are

CEVA Logistics AG offers contract logistics solutions such as assembly, asset disposal scrap, and consumables management.

CJ Logistics Corp offers contract logistics solutions such as customized delivery services, real-time monitoring systems, and overseas domestic logistics.

Some of the leading companies are DB Schenker, Deutsche Post AG, DSV AS, GEODIS SA, Gulf Agency Co. Ltd., Hellmann Worldwide Logistics SE and Co KG, Kuehne Nagel Management AG, Toll Holdings Ltd., etc. Our report includes qualitative and quantitative analyses of vendors with a wider understanding of the business ecosystem. 

Technavio's research report provides insights into the top market players and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors market players must distinguish their product and service offerings through a clear and unique value proposition. Download our sample report on the APAC-Contract Logistics Market

APAC-Contract Logistics Market Highlights

  • The Contract logistics market in APAC is segmented by Application (Retail, Pharmaceutical, Automotive, and Others), Type (Outsourcing and Insourcing), and Geography (APAC).
  • APAC led the market with 100% of the market growth set to originate from this region during the forecast period.
  • Growth in the e-commerce market in APAC is one of the primary factors driving the growth of the contract logistics market in APAC. The report provides a detailed study of this and all the other drivers that will boost market growth. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. 
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