Logistics Market for Apparel Contract Manufacturing Industry in Europe 2018-2022

Technavio’s market research analysts predict that the logistics market for apparel contract manufacturing industry in Europe will grow by USD 3.4 billion till the end of the forecast period. This industry research report presents a detailed analysis of the logistics market for apparel contract manufacturing industry in Europe by application (transportation, warehousing and distribution, and others). The report also presents a detailed analysis of the market’s growth prospects across regions such as the Western Europe and Eastern Europe.

The infographic below contains key findings from our analysis of the logistics market for apparel contract manufacturing industry in Europe

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Overview of the logistics market for apparel contract manufacturing industry in Europe

Technavio’s market study identifies the shift of apparel manufacturing from Europe to Asian countries to be one of the primary growth factors for the logistics market for apparel contract manufacturing industry in Europe. Manufacturers are recently shifting their manufacturing bases from Europe to the developing Asian countries, due to the increasing cost of manufacturing in Europe. High manufacturing costs consist of raw material cost, labor costs, procurement cost, and factory operation cost. The setting up of manufacturing bases in Asia will provide more opportunities to transport finished and semi-finished goods. Players in international apparel trade must implement proper planning and process operational strategies to ensure shorter delivery time. Adoption of shorter and efficient modes of transport such as seaways and airways, aid in shorter delivery time to meet the customer demand. Our market analysts estimate that the market will grow steadily at a CAGR of close to 14% by 2022.

The new vendor selection and evaluation criteria adopted by customers will drive the growth of the logistics market for apparel contract manufacturing industry in Europe. Logistics players in the apparel supply chain market witness extensive competition due to the wide scope of outsourcing international and domestic operations. These players may also face severe challenges that may harm the apparel company. Consequently, the apparel companies are selecting logistics players to protect their apparel supply chain revenue. Factors such as supplier base, risk tolerance of logistics players, technology, sustainability, switching cost, and value-added services.  

Companies covered

The logistics market for apparel contract manufacturing industry in Europe is highly fragmented owing to the presence of numerous international and regional vendors. The apparel supply chain market report studies the competitive strategies adopted by the key vendors and their diverse product offerings to sustain in the market. Technavio’s analysts also provide information about the key areas of core competence of the apparel manufacturers in the logistics market for apparel contract manufacturing industry in Europe. 

This research report provides an analysis of the various companies in this market including :

• DB Schenker
• Deutsche Post DHL Group
• DSV
• CEVA Logistics
• KUEHNE+NAGEL

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Segmentation by application and analysis of the logistics market for apparel contract manufacturing industry in Europe

• Transportation
• Warehousing and distribution

The apparel supply chain market research report states that based on application, the logistics market will find its use in the transportation segment, to export or import various products. Manufacturers in the apparel supply chain market provide numerous services such as freight forwarding, project logistics, cargo insurance, network planning and optimization, and customs brokerage. These apparel contract manufactures prefer air, road, and seaways for transporting their products.

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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 logistics market for apparel contract manufacturing industry in Europe?
• What are the key market trends impacting the growth of the logistics market for apparel contract manufacturing industry in Europe?
• What are the challenges to market growth?
• Who are the key vendors in the logistics market for apparel contract manufacturing industry in Europe?
• What are the market opportunities and threats faced by the vendors in the logistics market for apparel contract manufacturing industry in Europe?
• Trending factors influencing the market shares of Europe.
• What are the key outcomes of the five forces analysis of the logistics market for apparel contract manufacturing industry in Europe? 

Technavio also offers customization on reports based on specific client requirement.