Luxembourg Logistics Market Driven by Rising Disposable Income, Growth of E-Commerce, Retail and FMCG Coupled with Rise in Trade with Europe: Ken Research
Luxembourg Logistics Market Driven by Rising Disposable Income, Growth of E-Commerce, Retail and FMCG Coupled with Rise in Trade with Europe: Ken Research
Rise in trade activities with European countries owing to less border regulation with EU countries and growth of the Pharmaceutical, Consumer & Retail and E-commerce industry are the key factors driving growth in Luxembourg logistics market. The logistics market in Luxembourg is an amalgamation of a number of organized and unorganized players with DHL, DPD, Kuehne & Nagel, Wallenborn, Post Luxembourg, Interoute, Panalpina and DB Schenker, being some of the big players in the market.
According to Ken Research report titled “Luxembourg Logistics (Air, Sea, Road, Rail Freight (International – Import and Export, Domestic), Warehousing (Industrial/ Retail, Container Freight, Cold Storage, Others), Value Added Services, 3PL, Courier Express and Parcel, Cold Chain, Express Delivery and E-commerce Logistics) Market Outlook to 2023” suggests that rising trade with EU countries, and growth of Pharmaceutical, Automotive and Consumer & Retail market have been the major growth drivers in Luxembourg logistics and warehousing market. Factors such as Volatility, slow adaptations of newer business models and road congestion have been the major growth restraints in the market.
Market Overview: The logistics and warehousing market in Luxembourg is in its growing stages. There has been positive growth in the market during the review period from 2013 to 2018. The Luxembourg market is dominated by the Freight Forwarding industry owing to the excellent connectivity by road across Europe. The freight forwarding market itself is dominated by the road freight, followed by air, rail and sea freight mode in terms of value. Majority of the revenue to the freight forwarding is contributed by International freight forwarding owing to free trade between European Union countries. The warehousing market is driven by the surge of the Consumer & Retail, followed by storage of pharmaceutical and healthcare products. In the cold chain market, the growth in revenues was owing to increasing consumption of perishable food items and storage of pharmaceutical products.
Importance of Chinese Trade: Rise in number of Chinese enterprises in Luxembourg has increased the importance of country in China’s outbound trade, investment and M&A deals across Europe. Growth across multiple sectors in the country and trade deals such as EU-South Korea and EU-Columbia has supported the growth of export and import in the country and thus helped the logistics market to grow.
Growth Enablers: Low labour tax, social benefits & highly skilled multi-lingual workforce in logistics industry has further promoted the country as rising Logistic hub in the European Union. The market has also witnessed various partnerships and acquisitions. The government’s investment in railway projects has further facilitated growth in the country’s logistics sector. All these government initiatives, trade agreements, growth in E-commerce and various other industries in the country have collectively helped the logistics and warehousing market in the country to grow.
Key Segments Covered:-
Luxembourg Logistics and Warehousing Market
By Services Mix (Freight Forwarding, Warehousing and Value added services)
Luxembourg Freight Forwarding Market Segmentation
By Freight Mode (Air Transport, Maritime Transport, Road and Rail) – Basis of Revenue and Volume
By International and Domestic Freight Forwarding – Mode Wise
By Flow Corridors (Europe, Asia Pacific, Americas and ROW)- Basis International Freight Revenue
By Normal and Express Delivery
By Integrated and 3PL
Luxembourg Warehousing Market
By End User (Consumer & Retail, Pharmaceuticals & Healthcare, Fruits, Vegetables, Dairy & Beverages, Automotive and Others)
By Business Model (Industrial/Retail Freight, Container Freight, Cold Storage and Others)
By Integrated and Contract Logistics
Luxembourg Value Added Services Market
Luxembourg Express Logistics Market
By Delivery (International and Domestic Express)
By Mode (Air Express and Road Express)
By End User (B2B and B2C & C2C)
Luxembourg Cold Chain Market
By Cold Storage and Cold Transport
By End User Industries (Pharmaceuticals & Healthcare, Fruits, Vegetables and Dairy Products, Meat and Seafood and Others)
E-Commerce Logistics Market
By E-commerce Merchants and 3PL Companies
By Same day and 2 Days or more
Courier, Express and Parcel (CEP) Market
Key Target Audience:-
Logistics Companies
3PL/4PL Companies
Warehousing Companies
Logistics and Warehousing Industry Associations
E-commerce and Online Retail Companies
Cold Storage and Transport Companies
Venture Capitalist Firms
Government and Other Regulatory Organizations
Time Period Captured in the Report:-
Historical Period - 2013-2018
Forecast Period - 2018-2023
Companies Covered:-
Cargolux Airlines
KUEHNE+NAGEL
CFL Multimodal
Luxair Cargo
WDP
Logistics4Pharma
Qatar Airways Cargo
Wallenborn
DB Schenker
DPD Group
DHL
POST Luxembourg
Jost Group
Cobelfret
Arthur Welter
Keywords:-
Luxembourg Logistics Market
Luxembourg Warehousing Market
Luxembourg Cold Chain Market
Luxembourg Express Logistics
Luxembourg E-Commerce Logistics
Luxembourg 3PL Market
Sea Freight Market Luxembourg
Luxembourg Road Freight Tons
Luxembourg Air Freight Tons
Luxembourg Warehousing Cost
Luxembourg Logistics Cost
Logistics Regulations Luxembourg
Luxembourg Logistics Industry Share
Luxembourg Logistics Growth
Luxembourg Cold Storage Growth
Road Freight Market Luxembourg
Trucking Companies in Luxembourg
Flow Corridor Freight Luxembourg
Cargo Flows from Luxembourg
Luxembourg Logistics Revenue
Air Freight Statistics Luxembourg
Air Cargo Volumes in Luxembourg
Logistics Parks in Luxembourg
For more information on the research report, refer to below link:-
Luxembourg Logistics Market
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