Global Logistics Sector to Grow 3% Annually

Companies should adapt to new market trends 

that pose challenging demands. By 24/7 Staff

August 22, 2014

The global logistics industry, which reported 981 billion euro ($1301 billion) revenue in 2011, is expected to grow up to 3 per cent per year till 2020, according to Global Logistics Markets-Trend Analysis, report by Roland Berger Strategy 

Consultants and Barclays.

The report said logistics companies should adapt to new market trends that 

pose very challenging demands.

“The logistics industry is presented with new opportunities, such as the 

growing importance of intra-regional markets, the expansion of e-commerce 

and in providing specialised services to a range of industry sectors,” the 

report said.

“The volatile market environment, the ever-stronger online market, the shift 

in markets towards Asia, and the growing demand for special transport 

services necessitate new corporate strategies and considerable investments 

on the part of logistics providers,” said Dirk Friebel, logistics expert at Roland 

Berger.

Europe/CEE, US and Asia are the centers of gravity for global trade 

flows –Intraregional trade in Asia and Europe is growing stronger
Global trade 2011 [USD bn] and growth 2010-11, selected regions[%]

Source: WTO; Roland Berger analysis

According to the report, at present China, Japan and India figure most 

prominently in the Asian contract logistics sector.

However, alongside China, other emerging countries such as Indonesia, 

Thailand, Malaysia, the Philippines and Vietnam will grow markedly up to 

2017 by more than 10 per cent per year.

Although Southeast Asia has emerged as a new logistics cluster, the local 

infrastructure has yet to attain western standards for quality, the report said.

“Apart from Singapore and Hong Kong, the region urgently needs investment 

to improve its transport infrastructure,” said Alexander Doll, Co-CEO of 

Barclays Germany.