Africa Logistics and Warehousing Market

Africa Logistics and Warehousing Market Growth 2022- By COVID-19 Impact on Industry Demand, Revenue, Upcoming Trends, Business Challenges, Future Opportunities Report 2032: SPER Market Research

Logistics and warehousing involve the vital processes of managing the movement, storage, and distribution of goods. Logistics encompasses planning, coordinating, and executing the supply chain, including transportation, inventory management, and order fulfillment. Its objective is to ensure timely and accurate delivery of products in optimal condition. Warehousing, on the other hand, focuses on physically storing and handling goods within a facility, including receiving, storing, picking, packing, and shipping. Together, logistics and warehousing play a crucial role in optimizing the flow of goods, improving efficiency, reducing costs, and meeting customer needs across different industries. 

According to SPER market research, Africa Logistics and Warehousing Market Size- By Service Mix, By Mode of Service, By Type of Warehouses, By End Users- Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the Africa Logistics and Warehousing Market is predicted to reach USD XX billion by 2032 with a CAGR of XX%.  

Logistics and warehousing market in Africa is driven by several factors, while also facing certain challenges. Rapid urbanization and population growth can be the prominent driving factor. Africa’s urbanization rate and population growth contribute to increased consumer demand, necessitating efficient logistics and warehousing solutions. Additionally, investments in transportation infrastructure, including ports, airports, and road networks, facilitate the movement of goods and support logistics and warehousing operations.  

However, irregular customs procedures, complex regulations, and trade barriers hinder the smooth flow of goods and increase administrative burdens for logistics operators. Africa also faces security challenges such as piracy, theft, and political instability in certain regions, impacting the safety of goods and personnel involved in logistics operations. Moreover, limited transport infrastructure, including inadequate road networks and congested ports, pose challenges to efficient logistics operations, resulting in delays and increased transportation costs. 

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Impact of COVID-19 on Africa Logistics and Warehousing Market

The logistics companies in Africa involved in the movement, storage, and transfer of goods have been directly impacted by the COVID-19 pandemic. However, the effects on the logistics sector have been less pronounced on road transportation compared to air and water transportation. The pandemic has resulted in a significant increase in the demand for pharmaceuticals and vaccines, many of which require refrigeration. Consequently, there is an anticipated surge in the demand for refrigerated warehouses during the projected period. The consequences of COVID-19 on the warehouse sector are expected to be substantial and enduring. The presence of COVID-19 variants and surges in different parts of the world continues to pose challenges for the global supply chain and the availability of labor. 

Africa Logistics and Warehousing Market Key Players:

Geographically, North Africa boasts developed infrastructure and serves as a trade gateway to Europe. West Africa experiences economic growth and trade activities. East Africa benefits from improving transport infrastructure and strategic trade routes. Central Africa faces challenges of political instability. Southern Africa has well-established logistics capabilities and major ports. Additionally, some of the market key players are Bollore Africa Logistics, DSV Panalpine, Kuehne Nagel, Maersk, Others.

Africa Logistics and Warehousing Market Segmentation:

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Service Mix: Based on the Service Mix, Africa Logistics and Warehousing Market is segmented as; Courier and Parcel Activities, Freight Forwarding, Warehousing.

By Mode of Service: Based on the Mode of Service, Africa Logistics and Warehousing Market is segmented as; Air Freight, Rail freight, Road Freight.

By Type of Warehouse: Based on the Type of Warehouse, Africa Logistics and Warehousing Market is segmented as; Open, Closed, Cold Storage.

By End Users: Based on the End Users, Africa Logistics and Warehousing Market is segmented as; Automotive, Consumer Retail, Food and Beverages, Healthcare, Others.

By Region: This report provides data for key regional segments of Botswana, Namibia, Tanzania, Uganda, Kenya, Nigeria, South Africa, Rest of Africa.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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Africa Logistics and Warehousing Market Future Opportunity

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Africa Logistics and Warehousing Market

Africa Logistics and Warehousing Market Growth 2022, Industry Share-Size, Demand, Emerging Trends, Opportunities, Key Players Strategies, Future Outlook and Forecast Analysis Report 2032: SPER Market Research

According to SPER Market Research, the Africa Logistics and Warehousing Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%. Contract logistics is frequently chosen and well-known for acting as the market’s driving force. The industry experienced growth during the study period, resulting in a single digit CAGR. The market has been driven by food and drink because related products account for the majority of consumer expenditure. The most common mode of transportation for freight was determined to be the road, followed by rail and marine freight, as a result of improvements in the road infrastructure. In addition, the market for warehousing throughout the continent is growing. The food and beverage sector consumes the most storage space in Africa. Open storage is advised when compared to facilities for closed and cold storage.

Africa Logistics and Warehousing Market Overview (2022-2032)

  • Forecast CAGR (2022-2032): XX%
  • Forecast Market Size (2032): XX billion

The COVID-19 epidemic has made a direct impact on logistics companies that are involved in the flow, storage, and transfer of commodities. The need for pharmaceuticals and vaccinations has dramatically increased as a result of the COVID-19 pandemic. The vast majority of these vaccines must be kept in a refrigerator. Because of this, it is anticipated that during the projection period, demand for chilled warehouses will increase dramatically.

Impact of COVID-19 on the Africa Logistics and Warehousing Market: 

The COVID-19 epidemic has made a direct impact on logistics companies that are involved in the flow, storage, and transfer of commodities. When compared to airways and rivers, roads are significantly less impacted by the COVID-19’s effects on the logistics sector. The need for pharmaceuticals and vaccinations has dramatically increased as a result of the COVID-19 pandemic. The vast majority of these vaccines must be kept in a refrigerator. As a result, during the projection period, the demand for refrigerated warehouses is anticipated to increase significantly. The consequences of COVID on the warehouse will be significant and long-lasting. The COVID variances and surges that continue to appear in various parts of the world are making it difficult for the global supply chain and labor pool to keep up.

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Africa Logistics and Warehousing Market Key Segments Covered

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.

By Service Mix:

  • Courier and Parcel Activities
  • Freight Forwarding
  • Warehousing

By Mode of Service:

  • Air Freight
  • Rail Freight
  • Road Freight

By Type of Warehouses:

  • Open
  • Closed
  • Cold Storage

By End Users:

  • Automotive
  • Consumer Retail
  • Food and Beverages
  • Healthcare
  • Others

By Region:

  • Botswana
  • Namibia
  • Tanzania
  • Uganda
  • Kenya
  • Nigeria
  • South Africa
  • Rest of Africa

Africa Logistics and Warehousing Market Key Players:

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Bollore Africa Logistics, CEVA Logistics, DB Schenker, DHL, DSV Panalpine, Kuehne Nagel, Maersk.

For More Information, refer to below link:-

Africa Logistics and Warehousing Market Future Outlook

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Follow Us –

LinkedIn | Instagram | Facebook | Twitter

Contact Us:

Sara Lopes, Business Consultant – U.S.A.

SPER Market Research

enquiries@sperresearch.com

+1-347-460-2899