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Based on Technavio's market sizing methodology, the secure logistics market size is predicted to surge by USD 25.22 billion from 2021 to 2026 at a CAGR of 6.56%.
This secure logistics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The secure logistics market report also offers information on several market vendors, including AGS Transact Technologies Ltd., Allied Universal, Cash Logistik Security AG, CMS Info Systems Ltd., Global Security Logistics Co., Japan Post Holdings Co. Ltd., Loomis AB, Paragon Security, Prosegur Compania de Seguridad SA, Securitas AB, Security Plus Group, SIS Ltd., SSL Logistics, StorageVault Canada Inc., The Brinks Co., Writer Business Services Pvt. Ltd., and GardaWorld Security Corp. among others.
This report extensively covers secure logistics market segmentation by the following:
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Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rising need for secure logistics for global cash circulation is notably driving the secure logistics market growth, although factors such as the competition from multiple secure logistics players may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the secure logistics industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Secure Logistics Market Driver
Key Secure Logistics Market Trend
Key Secure Logistics Market Challenge
This secure logistics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global secure logistics market as a part of the global air freight and logistics market within the global transportation market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the secure logistics market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the secure logistics market encompasses successful business strategies deployed by the key vendors. The secure logistics market is concentrated and the vendors are deploying growth strategies such as introducing futuristic products with a high storage capacity to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The secure logistics market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the secure logistics market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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35% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for secure logistics in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The increasing security requirements will facilitate the secure logistics market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The secure logistics market in the region was negatively impacted by the COVID-19 outbreak in 2020. The major economic turmoil and disruptions in the supply chain of air freight and logistics operations severely impacted the regional logistical operations, primarily during the first half of 2020. However, with the gradual recovery of economies in APAC from the COVID-19 crisis due to the resumption of activities and the adoption of e-commerce models by various end-user industries, including the automotive industry, the regional secure logistics market is expected to rebound during the forecast period.
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The secure logistics market share growth by the security services segment will be significant during the forecast period. An increase in the outsourcing of security services can be attributed to the growing need to outsource non-core activities to prominent vendors for focusing on the core competencies of the company. This is a trend seen globally in the market due to the high additional cost of maintaining an in-house security team, recruiting eligible candidates, and managing security personnel.
This report provides an accurate prediction of the contribution of all the segments to the growth of the secure logistics market size and actionable market insights on post COVID-19 impact on each segment.
Secure Logistics Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.56% |
Market growth 2022-2026 |
$ 25.22 billion |
Market structure |
Concentrated |
YoY growth (%) |
6.15 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 35% |
Key consumer countries |
US, Canada, China, India, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
AGS Transact Technologies Ltd., Allied Universal, Cash Logistik Security AG, CMS Info Systems Ltd., Global Security Logistics Co., Japan Post Holdings Co. Ltd., Loomis AB, Paragon Security, Prosegur Compania de Seguridad SA, Securitas AB, Security Plus Group, SIS Ltd., SSL Logistics, StorageVault Canada Inc., The Brinks Co., Writer Business Services Pvt. Ltd., and GardaWorld Security Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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