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The wine logistics market share is expected to increase to USD 4.57 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.26%.
This wine logistics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers wine logistics market segmentation by service (transportation and warehousing and value-added services) and geography (Europe, North America, APAC, South America, and Middle East and Africa). The wine logistics market report also offers information on several market vendors, including CTI Logistics Ltd., CWT Pte. Ltd., DB Schenker, Deutsche Post DHL Group, Gordon Logistics, GPC Logistics, Hellmann Worldwide Logistics SE and Co. KG, Kane Logistics, KAN-HAUL, Kerry Logistics Network Ltd., Kuehne Nagel International AG, Portavin Integrated Wine Services, RS Express, TIBA SLU, Vintage Road Haulage, Wine Logistics International BVBA, Wine Storage and Logistics Pty Ltd., WineCare Logistics Inc., Wineshipping LLC., and Ziegler Group Corp. among others.
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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 demand for wine in China is notably driving the wine logistics market growth, although factors such as the volatile fuel prices 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 wine logistics industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Wine Logistics Market Driver
One of the key factors driving the global wine logistics market growth is the rising demand for wine in China. The demand for wine has increased significantly in China since 2011. In addition, China is rapidly expanding its own production of wine grapes. Although the country finds itself on the list of top ten wine-producing economies in the world, its domestic production still should increase to fulfill its consumption demand. China's wine import has also been increasing since 2010. The domestic distribution of imported wine from other countries is expected to impact the demand for roadways wine transportation positively. Furthermore, the rise in the penetration of e-commerce has increased the online demand for wine in the country. Companies function through online and offline models and sell a wide range of wines through multi-channels. Such factors are expected to boost the growth of the market in focus during the forecast period.
Key Wine Logistics Market Trend
Automation in wine warehousing is one of the key wine logistics market trends that is expected to impact the industry positively in the forecast period. Wine manufacturers are increasing the number of wine varieties. This, in turn, creates SKU proliferation in wine warehousing. This SKU proliferation is increasing the labor cost and warehouse space. To reduce labor cost and warehouse space, wine warehousing providers are adopting automation systems, such as route sequence optimization systems and voice-directed bottle picking systems, in warehouses. These automotive systems can reduce the average picker's travel time in wine warehouses by about 20 miles per day. Compared to traditional warehousing, automated warehouses use only around 45% of the warehouse space. Furthermore, automation can bring better visibility to inventory operations. Such factors will further support the market growth in the coming years.
Key Wine Logistics Market Challenge
One of the key challenges to the global wine logistics market growth is the volatile fuel prices. Volatile fuel prices in various regions across the globe are directly impacting the growth of the global wine logistics market. Gasoline is the key fuel used in vehicles and automotive fleets, and volatility in gasoline prices leads to the final disruption in the logistics sector. Since gasoline is a byproduct of crude oil, volatility in crude oil prices will have a direct impact on gasoline prices. An increase in fuel prices will increase the operating cost of wine logistics players. Volatility in fuel prices is expected to affect the cash flow forecast of wine logistics players across the globe, thereby hindering market growth.
This wine 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 wine logistics market as part of the global air freight and logistics 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 wine 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 wine logistics market encompasses successful business strategies deployed by the key vendors. The wine logistics market is fragmented and the vendors are deploying growth strategies such as organic and inorganic growth strategies 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 wine 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 wine 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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34% of the market's growth will originate from North America during the forecast period. The US is the key market for wine logistics market in North America. Market growth in this region will be faster than the growth of the market in South America, Europe, and MEA.
The increasing popularity of different premium varieties of wines and the significant increase in the demand for wine logistics will facilitate the wine logistics market growth in North America 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
North America was one of the most severely affected regions by the COVID-19 pandemic. The US had the highest number of COVID-19 cases across the world. Many government authorities in the region declared a total lockdown to contain the spread of the disease. This reduced the volume sales of wines despite the high demand and thereby hampered the growth of the wine logistics market in North America. As the pandemic recedes and lockdown restrictions get completely lifted, the regional market is expected to witness growth in 2021, which will continue over the forecast period.
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The wine logistics market share growth by the transportation segment will be significant during the forecast period. The number of convenience stores in developed countries (including the US, the UK, and Japan) has increased by about 2% annually from 2014 to 2019. The growth of the distribution channels for wine across the globe will drive the demand for wine transportation services, thus contributing to the growth of the wine logistics market.
This report provides an accurate prediction of the contribution of all the segments to the growth of the wine logistics market size and actionable market insights on post COVID-19 impact on each segment.
Organic Wine market - The market share from 2021 to 2026 is USD 4.60 billion at a progressing CAGR of 8.32%.
Cooking Wine market - The market share is expected to increase by USD 6.92 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 8.79%.
Honey Wine market - The market share is expected to increase by USD 317.31 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.7%.
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Wine Logistics Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.26% |
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Market growth 2022-2026 |
$4.57 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
4.89 |
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Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 34% |
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Key consumer countries |
US, China, Germany, France, and UK |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
CTI Logistics Ltd., CWT Pte. Ltd., DB Schenker, Deutsche Post DHL Group, Gordon Logistics, GPC Logistics, Hellmann Worldwide Logistics SE and Co. KG, Kane Logistics, KAN-HAUL, Kerry Logistics Network Ltd., Kuehne Nagel International AG, Portavin Integrated Wine Services, RS Express, TIBA SLU, Vintage Road Haulage, Wine Logistics International BVBA, Wine Storage and Logistics Pty Ltd., WineCare Logistics Inc., Wineshipping LLC., and Ziegler Group Corp. |
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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, and Market condition analysis for the forecast period. |
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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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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Service
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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