The infographic below contains key findings from our analysis of the cross docking facility market in chemical logistics industry
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Overview of the global cross docking facility market in chemical logistics industry
Technavio’s market study identifies the enhanced efficiency in chemical logistics using cross docking facility to be one of the primary growth factors for the cross docking facility market in chemical logistics industry. Cross docking supply chain solutions enable the products to be transferred directly to the seller or consumer. This solution is suitable for little storage or limited time. Chemicals are difficult to ship and are harder to store, owing to their hazardous nature. It is advised that the dangerous chemicals must be transported through the most direct route. Using cross docking, the inconvenience of unpacking and storing chemicals is mitigated and the costs are reduced without impacting the customer satisfaction. Our market analysts estimate that the market will grow steadily at a CAGR of more than 5% by 2022.
The increased use of automation in cross docking for better productivity will drive the growth of the cross docking facility market inchemical logistics industry. The automated cross docking system is gaining popularity with the food retailers and for high-tech products as it can achieve the short time-to-market window. Automated cross docking systems offer advantages such as reduced labor costs, increased shipping accuracy, built-in tracing and tracking, and accurate sorting of incoming goods.
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Companies covered
The cross docking facility market in chemical logistics industry is moderately fragmented owing to the presence of numerous large and small vendors. This market report studies the competitiveness of the key vendors in the cross docking chemical warehouse market that offer varied product offerings along with the strategies they adopt to compete. Technavio’s analysts also provide insights about the key focus areas of the chemical storage containers manufacturers to sustain profitably in the cross docking facility market in chemical logistics industry.
This research report provides an analysis of various companies in the market including
- A.P. Moller - Maersk
- C.H. Robinson
- CEVA Logistics
- Deutsche Bahn
- Deutsche Post DHL Group
- Kuehne + Nage
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Geographical segmentation and analysis of the cross docking facility market in chemical logistics industry
- Americas
- APAC
- EMEA
APAC will be the major revenue contributor to the cross docking chemical warehouse market throughout the forecast period. This region will witness steady growth due to the growing chemical industry in China and India, driving the growth of the cross docking facility market in the chemical logistics industry.
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Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global cross docking facility market in chemical logistics industry?
- What are the key market trends impacting the growth of the global cross docking facility market in chemical logistics industry?
- What are the challenges to market growth?
- Who are the key vendors in the global cross docking facility market in chemical logistics industry?
- What are the market opportunities and threats faced by the vendors in the global cross docking facility market in chemical logistics industry?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global cross docking facility market in chemical logistics industry?
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