Africa Freight Forwarding Market Growth, Size, Revenue, Competition and Future Trends 2032
Africa Freight Forwarding Market Size- By Mode of Service, By End users- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Jan-2023 | Report ID: AMIN2313 | Pages: 1 - 104 | Formats*: |
| Category : Automotive & Transportation | |||
Africa Freight Forwarding Market Overview
According to SPER Market Research, the Africa Freight Forwarding Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
Globalization and technology have created new opportunities for internationalisation over the last decade, boosting Africa's supply chains and competitiveness. Some countries' political instability makes territorial integration unsuitable in the short term. Domestic markets dominate in this zone because there is little interaction among regions, resulting in a stagnation in international trade. African logistics firms are expanding beyond megacities to connect Africa's rural communities to regional supply chains. While megacities are attracting millions of young Africans, the majority of Africa's population remains rural. Despite a sustained period of decline in recent years due to a drop in oil prices and geopolitical strife, the Middle East and Africa are quickly becoming a region of automotive and supply chain opportunity. Volkswagen, Toyota, GM, Groupe PSA, and Mercedes-Benz are all investing in local assembly. There have also been some notable logistics developments in the region.
Impact of COVID-19 on Africa Freight Forwarding Market
The COVID-19 epidemic has tremendously affected the world. It is evident in the continued lockdowns, the nearly complete closure of all businesses, dining establishments, and public transit, as well as the dramatic increase in unemployment and other economic indicators. With the present pandemic crisis, Africa has also experienced a significant hit from the recession, depreciation, and unemployment.Transport and logistics continue to be an important component of the supply value chain at the regional and international levels. Any disruption in the transportation and logistics industry has a negative impact on trade, socioeconomic development, and overall sustainability. Supply chain performance and revenue have a symbiotic relationship, demonstrating the sector's contribution to a country's economic development. The World Bank reported operational constraints in both small and large supply chain players, resulting in delivery delays, congestion, and higher freight rates. Most small players in the transport and logistics sector have been severely impacted due to the lack of a recovery plan, resulting in the closure of operations.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Mode of Service, By End Users |
| Regions covered | South Africa, Kenya, Tanzania, Uganda, Nigeria, Namibia, Botswana |
| Companies Covered | Bollore Africa Logistics, Kuehne Nagej, Imperial Logistics, OneLogix, DHL, FedEx, Alistair, MeTL, Maersk Uganda Limited, Spedag Interfrieght, BHN Logistics, United Postal Services, Pacific International Lines, Seabelo Carriers, Worker Freight Service |
Target Audience-
- Freight Forwarding Companies
- Frieght Forwarding Consultancy Companies
- Contact Logistics Companies
- Venture Capitalists
- Freight Tech Companies
- Consulting Companies
- Investment Banks
1. By Mode of Service:
- Air Freight
- Rail Freight
- Road Freight
2. By End Users:
- Automotive
- Beverages
- Consumer Retail
- Food
- Healthcare
- Others
3. By Region:
- South Africa
- Kenya
- Tanzania
- Uganda
- Nigeria
- Namibia
- Botswana
Key Topics Covered in the Report:
- Africa Freight Forwarding Market Size (FY’2019-FY’2032)
- Overview of Africa Freight Forwarding Market
- Segmentation of Africa Freight Forwarding Market by Mode of Service(Air Freight, Rail Freight, Road Freight)
- Segmentation of Africa Freight Forwarding Market By End Users (Automotive, Beverages, Consumer Retail, Food, Healthcare, Others)
- Statistical Snap of Africa Freight Forwarding Market
- Growth Analysis of Africa Freight Forwarding Market
- Problems and Challenges in Africa Freight Forwarding Market
- Competitive Landscape in the Africa Freight Forwarding Market
- Impact of COVID-19 and Demonetization on Africa Freight Forwarding Market
- Details on Recent Investment in Africa Freight Forwarding Market
- Competitive Analysis of Africa Freight Forwarding Market
- Key Players in the Africa Freight Forwarding Market
- SWOT Analysis of Africa Freight Forwarding Market
- Africa Freight Forwarding Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the Africa Freight Forwarding Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6.1 Africa Freight Forwarding Market Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Africa Freight Forwarding Market
7. Africa Freight Forwarding Market, By Mode of Service, 2019-2032 (USD Million)
7.1 Air Freight7.2 Rail Freight7.3 Road Freight
8. Africa Freight Forwarding Market, By End Users, 2019-2032 (USD Million)
8.1 Automotive8.2 Beverages8.3 Consumer Retail8.4 Food8.5 Healthcare8.6 Others
9. Africa Freight Forwarding Market, By Region, 2019-2032 (USD Million)
9.1 Africa Freight Forwarding Market Size and Market Share by Region (2019-2025)9.2 Africa Freight Forwarding Market Size and Market Share by Region (2026-2032)9.3 South Africa9.4 Kenya9.5 Tanzania9.6 Uganda9.7 Nigeria9.8 Namibia9.9 Botswana
10.1 Bollore Africa Logistics
10.1.1 Company details10.1.2 Financial outlook10.1.3 Product summary10.1.4 Recent developments
10.2 Kuehne Nagej
10.2.1 Company details10.2.2 Financial outlook10.2.3 Product summary10.2.4 Recent developments
10.3 Imperial Logistics
10.3.1 Company details10.3.2 Financial outlook10.3.3 Product summary10.3.4 Recent developments
10.4 Onelogix
10.4.1 Company details10.4.2 Financial outlook10.4.3 Product summary10.4.4 Recent developments
10.5 DHL
10.5.1 Company details10.5.2 Financial outlook10.5.3 Product summary10.5.4 Recent developments
10.6 FedEx
10.6.1 Company details10.6.2 Financial outlook10.6.3 Product summary10.6.4 Recent developments
10.7 Alistair
10.7.1 Company details10.7.2 Financial outlook10.7.3 Product summary10.7.4 Recent developments
10.8 MeTL
10.8.1 Company details10.8.2 Financial outlook10.8.3 Product summary10.8.4 Recent developments
10.9 Maersk Uganda Limited
10.9.1 Company details10.9.2 Financial outlook10.9.3 Product summary10.9.4 Recent developments
10.10 Spedag Interfreight
10.10.1 Company details10.10.2 Financial outlook10.10.3 Product summary10.10.4 Recent developments
10.11 BHN Logistics
10.11.1 Company details10.11.2 Financial outlook10.11.3 Product summary10.11.4 Recent developments
10.12 United Postal Services
10.12.1 Company details10.12.2 Financial outlook10.12.3 Product summary10.12.4 Recent developments
10.13 Pacific International Lines
10.13.1 Company details10.13.2 Financial outlook10.13.3 Product summary10.13.4 Recent developments
10.14 Seabelo Carriers
10.14.1 Company details10.14.2 Financial outlook10.14.3 Product summary10.14.4 Recent developments
10.15 Woker Freight Service
10.15.1 Company details10.15.2 Financial outlook10.15.3 Product summary10.15.4 Recent developments
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
African logistics firms are expanding beyond megacities to connect Africa's rural communities to regional supply chains. While megacities are attracting millions of young Africans, the majority of Africa's population remains rural.
Africa Freight Forwarding Market is projected to reach USD XX billion by 2032, growing at a CAGR of XX% during the forecast period.
Africa Freight Forwarding Market grew in market size from 2021. The Market is expected to reach USD XX billion by 2032, at a CAGR of XX% during the forecast period.
Africa Freight Forwarding Market CAGR of XX% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Africa Freight Forwarding Market size is USD XX billion from 2022 to 2032.
Africa Freight Forwarding Market Segment is Covered By Mode of Service, By End Users.
The Africa region is anticipated to have the highest market share in the Africa Freight Forwarding Market.
The key players in the market include Companies Covered Bollore Africa Logistics, Kuehne Nagej, Imperial Logistics, OneLogix, DHL, FedEx, Alistair, MeTL, Maersk Uganda Limited, Spedag Interfrieght, BHN Logistics, United Postal Services, Pacific International Lines, Seabelo Carriers, Worker Freight Service.
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