Australia 4PL Market Introduction
Logistics involves managing the processes such as the collection and storage of resources, and their transfer to their eventual destination. Fourth-party logistics is the most cutting-edge type of outsourcing, which has been gaining popularity rapidly in recent years. Australia 4PL market vendors offer services for inbound raw material supply management, dynamic logistics, demand-driven logistics, and global orchestration. Procurement, storage, and distribution are all important aspects of fourth-party logistics. They benefit businesses through improved customer services, lower overall operational costs, and greater flexibility.
Supply chain network and logistics operations are critical retailers, irrespective of the size of enterprises. Most industries in Australia rely on logistics and transport to some extent. Low-cost logistics and transportation services enable exporters in Australia to successfully reach key markets. Thus, the adoption of Australia 4PL market is anticipated to grow in the country in the coming years. The growth of the logistics industry in Australia is also attributed to the proliferation of e-commerce businesses offering one-day delivery and door-to-door services, among other value-added services. As a result, many international competitors are entering into Australia 4PL market, which is contributing to advancements in these services. To acquire a competitive advantage, large corporations focus on offering value-added services. With the growth in the number of 4PL market players, good infrastructures such as warehouses, distribution networks, and technology capabilities become essential. The COVID-19 pandemic resulted in a massive rise in parcel movements, particularly e-commerce deliveries, straining the present service model of Australia Post. Similarly, the pandemic put pressure on the freight & logistics industry across the country as there was a high demand for the home delivery of food and medical supplies. The government's collaboration with the states of New South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania, the Northern Territory, and the Australian Capital Territory is intended to aid different land transportation infrastructure projects. The Australian government is likely to investing US$ 77 billion in land transport infrastructure across the country from 2021 to 2022, as part of its rolling infrastructure pipeline, with the majority of the money coming from the infrastructure investment programs. This initiative is part of the government's bigger aim to decrease traffic congestion, improve regional connectivity, address the national freight crisis, get Australians home faster and safer, and build a stronger and more resilient nation.
Australia 4PL Market Overview and Dynamics
Australia stands 11th among the world's largest e-commerce markets. eBay, Amazon (AU), Woolworths, JB Hi-Fi, Big W, Coles, Kogan, Officeworks, Chemist Warehouse, and Catch are the main e-commerce platforms/sites in the country. E-commerce sites such as eBay, Amazon, and Gumtree handle all B2C transactions. Social media is a key driver favoring B2C marketing and transactions in Australia, with over 13 million active Facebook members. Retailers are scaling up their sales by adopting multichannel distribution options by combining in-store and online promotions. Coles is a major Australian retailer with over 2,500 stores across the country, including 800 supermarkets. Coles offers a comprehensive online service that allows customers to choose between home delivery, including same-day and overnight drop-off options, or pick up from over 1,000 click-and-collect sites.
According to Statista, Australia's e-commerce business reached over US$ 36 billion in 2019 as it gradually expands every year. Domestic e-commerce is also growing beyond internet-only firms and multinational technology corporations, such as Amazon. At least three-quarters of Australian businesses rely on e-commerce sales for a portion of their revenue. The COVID-19 pandemic compelled enterprises to redirect their focus on the benefits of being connected to clients online, which forced several brick-and-mortar retailers to temporarily discontinue or downsize their store operations in 2020.
Key Market Segments
The Australia 4PL market is segmented on the basis of type and end user. Based on type, the Australia 4PL market is segmented into synergy plus operating model, solution integrator model, and industry innovator model. Based on end user, the Australia 4PL market is segmented into automotive, consumer goods, healthcare, food and beverage, consumer electronics, retail, aerospace and military, and others. With the growing popularity of e-commerce, merchants are developing parallel supply chains to meet both online and offline demands. Australia 4PL market vendors provide retailers with a strategic view and better inventory visibility.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Australia 4PL market are company websites, annual reports, financial reports, national government documents, and statistical databases. Major companies listed in the Australia 4PL market report are BCR Australia Pty Ltd; Henning Harders; B dynamic Logistics Pty Ltd; John Good Logistics Ltd; BTi Logistics; Allyn International Services, Inc; Sigma Healthcare Limited; BR International Logistics Pty Ltd; Kuehne + Nagel Management AG; and GEODIS SA.
Reasons to Buy Report
Strategic insights for the Australia 4PL provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 824.35 Million |
Market Size by 2028 | US$ 1,106.70 Million |
Global CAGR (2022 - 2028) | 4.4% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | Australia
|
Market leaders and key company profiles |
The geographic scope of the Australia 4PL refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Australia 4PL Market is valued at US$ 824.35 Million in 2021, it is projected to reach US$ 1,106.70 Million by 2028.
As per our report Australia 4PL Market, the market size is valued at US$ 824.35 Million in 2021, projecting it to reach US$ 1,106.70 Million by 2028. This translates to a CAGR of approximately 4.4% during the forecast period.
The Australia 4PL Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Australia 4PL Market report:
The Australia 4PL Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Australia 4PL Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Australia 4PL Market value chain can benefit from the information contained in a comprehensive market report.