Transportation and Logistics
Overview of the express delivery market in Europe
Technavio’s market research analyst predicts the express delivery market in Europe to grow steadily at a CAGR of around 4% by 2021. One of the primary drivers for this market is the growing demand for express delivery services in medical and emergency healthcare sectors. Express delivery services for medical emergencies and urgent transportation of samples and specimens are vital for any hospital, medical clinics, or testing labs. Vendors in the European market are focusing on improving the delivery time of medical emergency products and samples by implementing route optimization tools to keep track of the delivery and to ensure timely delivery of the products. These vendors focus on time-definite delivery of the products as well as appropriate packaging of the healthcare products, primarily to prevent the products from getting damaged during transportation and storage. For instance, FedEx offers a wide range of specialty packaging for healthcare products during transportation, which includes safe compressor containers, thermal blankets, dry ice containers, and deep frozen solutions.
One of the latest trends gaining traction in this market is the implementation of IT-enabled technology in express delivery services. An increasing number of express delivery service providers are implementing IT-enabled services, such as GPS tracking, online tracking, communication services, automatic updating of records, 2-D barcoding, and real-time tracking to provide hassle-free services to the customers. The adoption of these IT-enable services has made business processes faster and more accurate than
Overview of the global RGP market
The global RGP market is anticipated to grow at a steady rate and will post a CAGR of more than 4% during the forecast period. The increasing demand for several beverage items will drive the growth prospects for the global retail glass packaging market in the forthcoming years. According to the industry research report, the market share of the carbonated soft drinks (CSD) segment is declining with the increasing demand for other types of drinks, especially the dairy segment. Some of the major factors responsible for the growing consumption of dairy beverages such as condensed milk, buttermilk, casein, homogenized milk, yogurt, and frozen dihydrogen monoxide creams include the growing rate of urbanization and high levels of disposable income. However, the packaging product manufacturers are constantly making profits by making necessary changes in the packaging formats with the changing shift from CSD to dairy beverages. Furthermore, the packaged water segment is also witnessing a growth since 2015 and will continue to grow in the future as seen in single-serve PET water bottles.
The growing demand for premium alcoholic beverages will drive the growth prospects for the global retail glass packaging market for the next four years. Some of the major factors responsible for growing demand for premium alcoholic beverages is the rising disposable income, consumption of
Overview of the 3PL market in Japan
Technavio’s market research analyst predicts the3PL market in Japan to grow at a CAGR of more than 3% between 2017 and 2021. The logistics market in Japan is all set to grow during the forecast period due to growth in the e-commerce industry and increased manufacturing and exports from the automotive industry. The growing e-commerce industry will require the development of large warehouse and modernized logistics facilities to meet the demand of the consumers. Construction of logistics facilities is a capital-intensive process, which requires a huge amount of funding to build large infrastructure. Such restrictions have propelled most of the companies to outsource their logistics and supply chain operations to 3PL players. Around 90% of the businesses in Japan outsource operations to 3PL players owing to the lack of enough capital to invest in huge warehouse facilities. Moreover, with the increasing growth in cross-border e-commerce trade, several 3PL providers are extending their services to Japan, which will also be a major contributing factor to the growth of the overall market.
3PL players are increasingly making investments in IT and mobile solutions and applying cutting-edge technologies to their processes. For instance, Yamato integrates IT and logistics technologies in its supply chain. It is also involved with is the value networking design, and the whole range of new IT and LT functions to its entire operation. Many players in the market are using cloud-based solution Software-as-a-Service (SaaS) to provide strong, real-time access to data and enable timely updates on the status of logistics processes for customers. Also, the growing
Overview of the egg tray market
Extensive research carried out by the market research analysts at Technavio has shown that the global egg tray market will witness steady growth at a CAGR of more than 5% during the forecast period. Owing to the growing concerns for the environment, the demand for paper egg trays has increased significantly over the past few years, which is one of the primary factors driving this market’s growth. Paper egg trays are biodegradable and recyclable, whereas plastic has several harmful effects on the environment. Moreover, the manufacturing process of PET cartons leads to the emission of toxic gasses that have a damaging effect on the environment. Additionally, the energy required for the manufacturing process is mainly generated from coal and natural gas. The increasing levels of population, growing purchasing power in developing countries, and increasing awareness about global warming will boost the sales of paper egg trays over the next four years.
One of the recent trends gaining traction in the market is the increasing use of technology such as robotics and automation in the manufacture of egg trays. Some of the benefits of using this technology include waste reduction, ease of printing and labeling, and aesthetically appealing packaging. With end users opting for high-performance and cost-effective packaging solutions, the market for egg trays is expected to have a positive outlook in the coming years.
Competitive landscape and key vendors
The global egg tray market is highly diversified owing to the presence of well-established multinational players along with the
Overview of the global AMHE market
The global AMHE market is anticipated to grow at a steady rate and will post a CAGR of more than 8% during the forecast period. Continual advancements witnessed in the e-commerce retail industry will drive the growth prospects for the global AMHE market in the forthcoming years. It has been observed that there is an increasing need for delivering various products in small time frames that requires an efficient inventory management and reverse logistic systems. One of the major factors responsible for the growing retail sector is the increasing use of the Internet and mobile services among the growing middle-class population. This growth in the retail sector will further drive the need for efficiency in delivery systems, inventory management, reverse logistics, and freight forwarding for better operation. As a result, the demand for AMHE will also increase as it helps to enhance these operational services.
The increased spending on research and developmental activities, M&A for new technologies, and the miniaturization of AMHE will drive the growth prospects for the global AMHE market until the end of 2021. One of the major factors responsible for this growing number of investments in R&D is the growing competition among the vendors in the market. Furthermore, the increasing trend of miniaturization of MHE will reduce the total installation cost of the machinery, which, in turn, will have a positive impact on the market’s growth.
Competitive landscape and key vendors
Overview of the global specialty paper market
Market research analysts at Technavio predict that the global specialty paper market will grow steadily during the next four years and post a CAGR of more than 4% by 2021. This market research analysis identifies the rise in demand for paper-based packaging in the food service sector as one of the primary growth factors for this market. Specialty papers are more sustainable as compared to other packaging materials used by the food industry. The rise in a number of quick service restaurants and take-out meals in the recent years led to the increase in demand for specialty paper packaging for take-out meals. Additionally, the rise in the focus of food manufacturers towards food barrier packaging solutions that are recyclable and biodegradable will also drive the demand for specialty papers, subsequently aid market growth.
The increased usage of micro-fibrillated cellulose (MFC) in paper-based packaging will be one of the major trends that will gain traction in this market in the coming years. The use of MFC will help companies reduce the weight of packaging while maintaining material strength and stiffness. Incentives and regulations offered by governments of several countries in Europe towards reducing the weight of packaging and the properties of MFC such as lightweight, biodegradable, and barrier properties that eliminate the ingress of oxygen and other gaseous compounds, will also increase the usage of MFC in manufacturing paper packaging materials.
Competitive landscape and key vendors
Characterized by the presence of several local and international specialty paper companies, this market appears to be fragmented. The
The logistics and transportation industry is a dynamic sector that has changed significantly with global economic conditions and international trade flows. The industry is broadly segmented into logistics, packaging, transportation, and warehousing.
New developments in logistics and transportation have enabled companies to work on a global scale, procure resources and materials from distant locations, and augment their distribution channels in order to cater to faraway clients.
Technavio’s logistics and transportation domain incorporates the use of extensive primary and secondary research to provide actionable insights to help our clients identify emerging markets and capitalize on key trends.
We provide extensive market data and comprehensive qualitative and quantitative analyses on essential market divisions, such as distribution, labeling, packaging, reverse logistics, service parts logistics, and warehousing.
Companies such as DB Schenker, DHL, CEVA, Hitachi Transport, Kerry Logistics, Kuehne + Nagel, Mitsubishi Logistics, and UPS are some of the key participants at the forefront of the logistics and transportation industry.