Freight and logistics is a highly competitive and rapid growing industry with different active domestic and international players. It plays an important role in executing a business globally. The freight and logistics industry permit delivery of a product from one destination to another with a useful supply chain network. In addition to this, logistics management is a division of supply chain management that plans, implements and control the storage of goods, related information and services between the initial destination and the final-destination in-order to fulfill customer’s requirements. Increasing transportation of goods through several freight management services like roadways, railways, airways and waterways, is expected to make the freight and logistics market more demanding in the coming years.
The growing industrial sectors and their increasing production rate is one of the major factor driving the growth of freight and logistics market in Latin-America and Middle-East region. Development of advanced tracking solutions further creates a high growth opportunity of this market. World class logistics infrastructure facilities available in countries like United Arab Emirates and Saudi Arabia, propels the growth of the logistics industry in Middle-East. Moreover, major manufacturing industries such as oil & gas, engineering equipment and automotive present in UAE, also creates a huge market potential. Moving forward, large number of pharmaceutical and agricultural industries present in Latin-America, therefore creates a high demand of the cold chain logistics. Recently, major transport companies in Latin-America have adopted proprietary customer-facing technologies to improve supply chain management and customer services by providing them end-to-end visibility over the entire supply chain. These factors create a positive impact on the Latin-America freight and logistics market. Further down, great infrastructure of airports, seaports, shipping lines and airlines in Dubai to promote the global supply chain, is therefore expected to make the freights and logistics market more demanding in Middle-East region over the next eight years.
Major application of freight and logistics market in Latin-America and Middle-East includes commercial, residential and industrial. The Latin-America and Middle-East freight and logistics market in report is segmented by transport type which includes railways, roadways, airways, waterways and others.Moreover, based on end-user the market has been segmented as manufacturing and construction, trade and transport, energy and utilities, healthcare, retail and others. The Latin-America and Middle-East freight and logistics market has been moreover segmented by country wise which includes Brazil, Chile, United Arab Emirates, Saudi Arabia and Rest of Latin-America and Middle-East.
However, poor airport and seaport infrastructure in Brazil, is somehow expected to hinder the growth of the Latin-America freight and logistics market. Moreover, corruption, violence and government bureaucracy are some of the other factors that may affect the market in Latin-America to some extent.
Some of the major players in the Latin-America and Middle-East freight and logistics market include DB Schenker, Deutsche Post DHL, APL Logistics, Mercury Air Group, Damco. and few others likely to be named.
Latin-America and Middle-East Freight and Logistics Market: By Transport Type
Latin-America and Middle-East Freight and Logistics Market: By Application
Latin-America and Middle-East Freight and Logistics Market: By End-User
Latin-America and Middle-East Freight and Logistics Market: By Country