Analysts forecast the Logistics market in Europe to grow at a CAGR of 2.97 percent over the period 2014-2019.
This report covers the present scenario and the growth prospects of the Logistics market in Europe for the period 2015-2019. To calculate the market size as well as the ranking of leading vendors, this report considers the revenue generated by logistics service providers in Europe.
In terms of logistics function, the Logistics market in Europe is segmented as follows:
- Contract Logistics
- Value-added Services
Logistics Market in Europe 2015-2019, has been prepared based on an in-depth analysis with inputs from industry experts. It covers the landscape of the Logistics market in Europe and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Logistics Market in Europe: DB Schenker Logistics, Deutsche Post DHL, Kuehne + Nagel International AG and SNCF GEODIS.
Other Prominent Vendors in the market are: ACP Freight Services, Agility, Alkomtrans, APL Logistics, AWT Group, Baltic Rail, BDP International, BLS AG, Bulk Logistics Solutions, Czech Logistics Alliance, Dachser, Damco, DAN-CZECH, DEIJ Transport, DSV, Expeditors International, FedEx Supply Chain, FERCAM, FM Logistic, Gondrand, H.P. Therkelsen, Hansa-express Logistics, Hub Group, Huktra, IMPERIAL Logistics International, Ital Logistics, J.B. Hunt, Jawimex Logistics, John G Russell Transport, Jordon Freight, Karakus International Transportation, KLG Europe, LCL International, LKW WALTER International, LogServ, Mainfreight, Menlo Worldwide Logistics, Move Intermodal, Neovia Logistics Services, NFI, Norbert Dentressangle, OGRIS Logistics, Paolli, Rhenus, RJ International Freight, Rob Masters Specialist Transportation, Ryder, Schneider Logistics, STEF, TNT Express, VECCHI ZIRONI, VTG AG, Warrant Group, Werner Enterprises Dedicated and Logistics and Ziegler Group.
An increase in M&A is expected to enable companies to expand their customer base and product and service portfolios. Vendors in this market are opting for the M&A route to increase their global presence and expand their service portfolio as well as achieve economies of scale in various SCM processes.
According to the report, one of the main drivers of the Logistics market in Europe is the increased investment in logistics infrastructure, which helps in the development of logistics facilities. The EU and other European countries have taken key initiatives to develop roads and transport services in Europe, thus triggering the growth of the Logistics market in Europe.
Further, the report states that one of the major challenges in the market is the impact of the eurozone crisis. The ongoing eurozone crisis is having a negative impact on the leading markets in Europe. Thus, emerging markets in Europe have witnessed a decline in growth rate. This downturn has had an adverse impact on the Transportation and Logistics industries in Europe, which has led to slow revenue generation for the Logistics market in Europe.
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