Hazardous Goods Logistics Market Introduction and Overview
According to SPER Market Research, the Global Hazardous Goods Logistics Market is estimated to reach USD 431.92 billion by 2032 with a CAGR of 7.25%.
The report includes an in-depth analysis of the Global Hazardous Goods Logistics Market, including market size and trends, product mix, end users, and supplier analysis. A hazardous good, sometimes known as a dangerous good, is any object or material that threatens one's health, property, or the environment. Hazardous products, which include regularly used commodities and commodities such as cell phones, chemicals, bio-hazardous materials, and gasoline, make for a large portion of international freight. Those who transport and store hazardous commodities such as explosives, radioactive items, combustible liquids, and biohazardous products must undergo special training. When chemically regulated materials are carried as hazardous commodities, they harm people, property, and the environment. Electronics and petroleum, for example, are among the most routinely shipped items worldwide. As a result, proper precautions, treatment, and packaging are required when shipping hazardous products.
- Rising Demand for Chemicals and drugs: As the world's population grows and disposable incomes rise, there is a greater demand for chemicals and drugs. As a result of this, the transportation and logistics of these hazardous items have expanded dramatically.
- Development of Industrial and Production Activities: Chemical production, oil and gas, and medicines are among the industries that are expanding globally. The demand for effective and dependable hazardous goods logistics services grows as these sectors deal with hazardous chemicals at various stages of their supply chains.
Market Opportunities and Challenges
The worldwide hazardous goods logistics market offers multiple business opportunities due to a variety of factors. First of all, increased globalization of trade has resulted in an increase in the transit of hazardous commodities across borders. This increase is being pushed by the expansion of sectors like as chemicals, medicines, and petroleum, all of which rely extensively on the transportation of hazardous products. As a result, there is an increasing demand for efficient and secure logistics solutions to manage these items, creating possibilities for hazardous goods logistics providers.
The Hazardous goods logistics market faces some challenges. One significant problem is complying with all of the rules and regulations established by the authorities. Understanding and complying with these regulations can be hard and time-consuming, and failure to do so can result in penalties. Safety is also a big concern because hazardous materials can be dangerous if handled incorrectly. Accidents can occur owing to human error or equipment failure. Another issue is a lack of suitable infrastructure, such as storage facilities or specialized equipment, which can make moving hazardous products problematic. Because of the hazards involved, insurance for these items is very expensive.
Market Competitive Landscape
The presence of major, multinational logistics companies that provide end-to-end supply chain solutions, including hazardous goods logistics, is one aspect of the competitive landscape. These organizations have broad networks, global reach, and a diverse range of services, allowing them to meet the needs of customers in a variety of industries. They frequently have specific teams with expertise in handling hazardous products and must adhere to strict rules. DHL, UPS, Kuehne + Nagel, and DB Schenker are examples of such companies.
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 Business Type, By Operation, By Product, By Application
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| Regions covered | Asia Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | Agility Logistics, Bollore Logistics, Ceva Logistics, DB Schenker, DGD Transport, DHL, DSV, GEODIS, Hellmann Worldwide Logistics, Kuehne + Nagel, Rhenus Logistics, Toll Group, United Parcel Service, XPO Logistics, Ych Group, YRC Worldwide Inc, Yusen Logistics
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COVID-19 Impact on Global Hazardous Goods Logistics Market
The global hazardous goods logistics market has been significantly impacted by the COVID-19 epidemic. Supply chains were affected as a result of lockdowns and travel restrictions, resulting in delays and increased prices. Compliance with evolving legislation and safety procedures caused operating obstacles. The epidemic, on the other hand, generated possibilities as demand for medical supplies and drugs increased. These sectors' logistics providers saw increased demand and played an important role in guaranteeing the timely delivery of necessary commodities. The epidemic hastened the use of digitization and technology, allowing for improved supply chain visibility and operational efficiency. Overall, the hazardous products logistics market saw hurdles in maintaining supply chains, but it also saw possibilities in specific industries, highlighting the necessity of safety, adaptability, and technology improvements.
Key Target Audience:
- Chemical manufacturing
- Oil and gas Manufacturing
- Mining Industry
Our in-depth analysis of the Hazardous Goods Logistics Market includes the following segments:
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By Business Type:
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Transportation
Warehousing
Value Added Services
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By Operation:
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Seaways
Roadways
Railways
Airways
Storage and Services
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By Product:
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Flammable
Explosive
Radioactive
Bio-hazardous
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By Application:
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Industrial
Healthcare
Agriculture
Others
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Key Topics Covered in the Report:
- Global Hazardous Goods Logistics Market Size (FY’2022-FY’2032)
- Overview of Global Hazardous Goods Logistics Market
- Segmentation of Global Hazardous Goods Logistics Market By Business Type (Transportation, Warehousing, Value Added Services)
- Segmentation of Global Hazardous Goods Logistics Market By Operation (Seaways, Roadways, Railways, Airways, Storage and Services)
- Segmentation of Global Hazardous Goods Logistics Market By Product (Flammable, Explosive, Radioactive, Bio-Hazardous, Others)
- Segmentation of Global Hazardous Goods Logistics Market By Application (Industrial, Healthcare, Agriculture, Others)
- Statistical Snap of Global Hazardous Goods Logistics Market
- Expansion Analysis of Global Hazardous Goods Logistics Market
- Problems and Obstacles in Global Hazardous Goods Logistics Market
- Competitive Landscape in the Global Hazardous Goods Logistics Market
- Effects of COVID-19 and demonetization on Global Hazardous Goods Logistics Market
- Details on Current Investment in Global Hazardous Goods Logistics Market
- Competitive Landscape of Global Hazardous Goods Logistics Market
- Prominent Players in the Global Hazardous Goods Logistics Market
- SWOT Analysis of Global Hazardous Goods Logistics Market
- Global Hazardous Goods Logistics Market Future Outlook and Projections (FY’2022-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 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 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Hazardous Goods Logistics Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Hazardous Goods Logistics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Hazardous Goods Logistics Market
7. Global Hazardous Goods Logistics Market, By Business Type, 2019-2032 (USD Million)
7.1 Transportation
7.2 Warehousing
7.3 Value Added Services
8. Global Hazardous Goods Logistics Market, By Operation, 2019-2032 (USD Million)
8.1 Seaways
8.2 Roadways
8.3 Railways
8.4 Airways
8.5 Storage and Services
9. Global Hazardous Goods Logistics Market, By Product, 2019-2032 (USD Million)
9.1 Flammable
9.2 Explosive
9.3 Radioactive
9.4 Bio-hazardous
9.5 Others
10. Global Hazardous Goods Logistics Market, By Application, 2019-2032 (USD Million)
10.1 Industrial
10.2 Healthcare
10.3 Agriculture
10.4 Others
11.Global Hazardous Goods Logistics Market, By Region, 2019-2032 (USD Million)
11.1 Global Hazardous Goods Logistics Market and Market Share by Region (2019-2025)
11.2 Global Hazardous Goods Logistics Market and Market Share by Region (2026-2032)
11.3 Asia-Pacific
11.3.1 Australia
11.3.2 China
11.3.3 India
11.3.4 Japan
11.3.5 South Korea
11.3.6 Rest of Asia-Pacific
11.4 Europe
11.4.1 France
11.4.2 Germany
11.4.3 Italy
11.4.4 Spain
11.4.5 United Kingdom
11.4.6 Rest of Europe
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.2 United Arab Emirates
11.5.3 Rest of Middle East & Africa
11.6 North America
11.6.1 Canada
11.6.2 Mexico
11.6.3 United States
11.7 Latin America
11.7.1 Argentina
11.7.2 Brazil
11.7.3 Rest of Latin America
12.Company Profiles
12.1 Agility Logistics
12.1.1 Company details
12.1.2 Financial outlook
12.1.3 Product summary
12.1.4 Recent developments
12.2 Bollore Logistics
12.2.1 Company details
12.2.2 Financial outlook
12.2.3 Product summary
12.2.4 Recent developments
12.3 Ceva Logistics
12.3.1 Company details
12.3.2 Financial outlook
12.3.3 Product summary
12.3.4 Recent developments
12.4 DB Schenker
12.4.1 Company details
12.4.2 Financial outlook
12.4.3 Product summary
12.4.4 Recent developments
12.5 DGD Transport
12.5.1 Company details
12.5.2 Financial outlook
12.5.3 Product summary
12.5.4 Recent developments
12.6 DHL
12.6.1 Company details
12.6.2 Financial outlook
12.6.3 Product summary
12.6.4 Recent developments
12.7 DSV
12.7.1 Company details
12.7.2 Financial outlook
12.7.3 Product summary
12.7.4 Recent developments
12.8 Geodis
12.8.1 Company details
12.8.2 Financial outlook
12.8.3 Product summary
12.8.4 Recent developments
12.9 Hellman Worldwide Logistics
12.9.1 Company details
12.9.2 Financial outlook
12.9.3 Product summary
12.9.4 Recent developments
12.10 Kuehne+Nagel
12.10.1 Company details
12.10.2 Financial outlook
12.10.3 Product summary
12.10.4 Recent development
12.11 Rhenus Logistics
12.11.1 Company details
12.11.2 Financial outlook
12.11.3 Product summary
12.11.4 Recent developments
12.12 Toll group
12.12.1 Company details
12.12.2 Financial outlook
12.12.3 Product summary
12.12.4 Recent developments
12.13 United Parcel Service
12.13.1 Company details
12.13.2 Financial outlook
12.13.3 Product summary
12.13.4 Recent developments
12.14 XPO Logistics
12.14.1 Company details
12.14.2 Financial outlook
12.14.3 Product summary
12.14.4 Recent developments
12.15 Ych Group
12.15.1 Company details
12.15.2 Financial outlook
12.15.3 Product summary
12.15.4 Recent developments
12.16 YRC Worldwide Inc
12.16.1 Company details
12.16.2 Financial outlook
12.16.3 Product summary
12.16.4 Recent developments
12.17 Yusen Logistics
12.17.1 Company details
12.17.2 Financial outlook
12.17.3 Product summary
12.17.4 Recent developments
13.List of Abbreviations
14.Reference Links
15.Conclusion
16.Research Scope