Wine Logistics Market 2024-2028: Size and Volatile fuel prices; growth driven by the Service, Some of key Companies Positioned Strategically
The wine logistics market size by Service (Transportation and Warehousing and value added services) and Geography (Europe, North America, APAC, South America, and Middle East and Africa), is forecast to increase by USD 3834.5 million. The market is expected to grow at a CAGR of over 4.5% between 2024 and 2028.
- The global wine logistics market is experiencing significant challenges due to the volatility in fuel prices in various regions. Gasoline, the primary fuel utilized in transportation and logistics operations, is subject to price fluctuations. This volatility stems from the unpredictability of crude oil prices, which directly influences the cost of gasoline. As a result, wine logistics companies face increased operating expenses and disrupted cash flow. The subsequent rise in freight charges can negatively impact the market growth by increasing the overall cost of wine logistics services.
- The Wine Logistics Market encompasses the transportation, storage, and distribution of wine from producers to consumers. This market is characterized by the need for temperature-controlled facilities to maintain the quality of the product. Key players in this industry include third-party logistics providers and wine-specific logistics companies. The market is driven by increasing global wine consumption and the growing trend towards e-commerce sales in the wine industry. Effective logistics solutions are essential to ensure timely and efficient delivery, while also preserving the unique characteristics of each wine.
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Some of the Key Companies:
- CTI Logistics Ltd.
- CWT Pte. Ltd.
- DB Schenker
- Deutsche Post AG
- Gordon Logistics
- GPC Logistics
- Hellmann Worldwide Logistics SE and Co KG
- Kane Logistics
- KAN-HAUL
- Kerry Logistics Network Ltd.
- Kuehne Nagel Management AG
- Portavin Integrated Wine Services
- RS Express
- TIBA
- Vintage Road Haulage
- Wine Logistics International BVBA
- Wine Storage and Logistics Pty Ltd.
- WineCare Logistics Inc.
- Wineshipping LLC.
- Ziegler Group Corp.
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