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LAOS FREIGHT AND LOGISTICS MARKET-GROWTH, TRENDS, AND FORECAST (2020-2024)

The Laos freight and logistics market is estimated to be valued at USD 497.46 million in 2018 and is estimated to grow at a CAGR of 8.47 % during the forecast period.

– Laos is one of the fastest-growing economies in the ASEAN region. The country has witnessed economic growth of more than 7% in recent years. – With a population of just more than 6.5 million, the logistics sector in the country…

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MALAYSIA FREIGHT AND LOGISTICS MARKET-GROWTH, TRENDS AND FORECAST (2020-2024)

The logistics industry in Malaysia has evolved in recent years. With the rise of e-commerce in the country, companies are capitalizing on this emerging trend. The interest of the companies in emerging areas, such as cold chain logistics, last mile delivery services, etc. is growing, due to the high margins and rising demand. The economy of the country is expected to grow between 5% and 6%,…

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NEW ZEALAND FREIGHT AND LOGISTICS MARKET (2020 – 2024)

The New Zealand freight and logistics market is expected to witness a CAGR of 2.53% during the forecasted period of 2019-2024. The market is driven by growing demand from population growth, while driver shortage has slowed down the market.

– Road freight is the dominant mode of freight transport in New Zealand, and accounts for almost 70% of the total domestic freight movement (in terms of…

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MOROCCO TOURISM AND HOTEL INDUSTRY-GROWTH, TRENDS, AND FORECAST (2020-2024)

In 2018, Morocco received 12.3 million tourists, up 8% from the previous year, and the tourist arrivals in the country totaled 11.3 million in the first 11 months of 2018, accounting for an average of one million tourist per month and an increase of 8.5% compared to 2017. During 2000-2018, Morocco had an average annual growth of 6% in tourism arrivals, which is two points higher than growth in…

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ASIA – PACIFIC COSMECEUTICAL PRODUCTS MARKET – GROWTH, TRENDS, AND FORECAST (2020- 2024)

The Asia-Pacific Cosmeceutical products Market is forecasted to reach USD 88.14 billion by 2024 growing at a CAGR of 6.8% during the forecast period (2019 – 2024). In the region, countries- like China, India, and Vietnam present considerable growth opportunities for the market players, primarily due to the growing millennial population. Furthermore, high awareness regarding cosmeceutical and…

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AUSTRALIA FREIGHT AND LOGISTICS MARKET – GROWTH, TRENDS, AND FORECAST (2020 – 2024)

The Australia freight and logistics market is estimated to witness a growth rate of 2.5% over the forecasted period of 2019 to 2024. The market is driven by increasing investment in the logistics infrastructure which has helped boost the country’s capacity over the years.

– Threat of new entrants in the market is low due to the high initial setup cost and intense rivalry among the present…

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INDONESIA COURIER, EXPRESS, AND PARCEL (CEP) MARKET-GROWTH, TRENDS, AND FORECAST (2020-2024)

The market for Courier, Express, and Parcel business in Indonesia is expected to cross USD 5 billion by 2024, witnessing a CAGR of 14-16%, during the forecast period (2019-2024).

With the world’s fourth largest population and an excellent potential for growth, Indonesia is a key market in the global scenario. The Indonesian CEP market is at infant stage and there exists a lot of opportunities…

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INDONESIA FREIGHT AND LOGISTICS MARKET – GROWTH, TRENDS, AND FORECAST (2020- 2024)

The Indonesian freight and logistics market is currently trading at an inflection point. Being the world’s fourth-largest populated country with an excellent potential for growth, Indonesia is a key market in the global scenario. Given the scope of household consumption in a densely populated country and its strategic location on geographical terms, Indonesia, an archipelago of around 17,500…

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CHINA-EUROPE RAIL FREIGHT TRANSPORT MARKET-GROWTH, TRENDS, AND FORECAST (2020-2024)

The development of a rail network between the China and Europe is part of the long-term strategy of the government of China, to achieve global connectivity through its One-Belt-One-Road (OBOR) initiative. The strategy aims to restore and develop the ancient Silk Road between China and Europe, by encouraging investment in Eurasian transport and logistics, including rail networks, to boost Chinese…

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VIETNAM FREIGHT AND LOGISTICS MARKET – GROWTH, TRENDS, AND FORECAST (2020- 2024)

Vietnam is at an inflection point, with a rapidly increasing GDP, young population, and the willingness to adopt new technologies. The logistics market in the country is in its transition stage and the demand for logistics is rising strongly. High economic growth, increasing domestic manufacturing, the rise in consumption, and booming e-commerce are some of the key drivers of the Vietnamese…

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SWEDEN FREIGHT AND LOGISTICS MARKET – GROWTH, TRENDS, FORECAST (2020 – 2024)

– The logistics market in Sweden is the largest in Scandinavia region. Investments in infrastructure have made the country as one of the top logistics markets in Europe and the World. According to the World Bank Logistics Performance Index (LPI) rankings 2018, Sweden ranked second in the world following Germany in the first position. – The central location of the country in the region makes it…

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SAUDI ARABIA FREIGHT AND LOGISTICS MARKET – GROWTH, TRENDS, AND FORECAST (2020 – 2024)

The Saudi Arabia freight and logistics market is estimated to be valued at USD 22.95 billion and is estimated to grow at a CAGR of 7.35% during the forecast period.

– The Saudi Arabian freight and logistics industry is a large and dynamic industry, strongly supported by state-led investments in rail, maritime, road, logistics, and airport infrastructures. Economic growth, population…

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SWEDEN FREIGHT AND LOGISTICS MARKET – GROWTH, TRENDS, AND FORECAST (2020- 2024)

– Sweden is among the most robust logistics markets globally, due to its strong infrastructure and backing from the government. This is evident from the LPI scores of the country in recent years. In 2018, Sweden ranked second in the World Bank’s Logistics Performance Index, only next to Germany. – The Swedish-registered heavy trucks carried a total of just over 45 million freight transport during…

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GLOBAL 3PL MARKET – GROWTH, TRENDS, AND FORECAST (2020 – 2024)

The global 3PL market is estimated to reach USD 1.3 trillion by 2024, registering a strong CAGR over the forecast period, 2019 – 2024. The factors driving the growth are the increasing outsourcing of major transportation and logistics services and growing e-commerce penetration. Whereas, the loss of control over the shipping functions is a major restraint to the market. The APAC region is one of…

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THAILAND FREIGHT AND LOGISTICS MARKET -GROWTH, TRENDS, AND FORECAST (2020- 2024)

Thailand’s logistics performance significantly improved in 2018, owing to the massive investment in transport infrastructure and relevant legal reforms. According to the World Bank’s Logistics Performance Index 2018, Thailand rose to the 32nd place in 2018 from 45th in 2016. Thailand’s ranking was second only to Singapore in ASEAN, overtaking Malaysia, and was seventh in Asia. Thailand has…

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ASEAN COLD CHAIN LOGISTICS MARKET – GROWTH, TRENDS AND FORECAST (2020 – 2024)

The cold chain industry in Asian countries is expected to witness a significant growth in the coming years. With two of the fastest-growing economies, like India and China, and the increase of trade in Indonesia, Vietnam, and Singapore, turning them into thriving economic and social centers, the cold-chain industry is being seen as panacea for food wastage and a boost to the refrigerated…

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FREIGHT AND LOGISTICS MARKET IN CENTRAL AND EASTERN EUROPE (CEE)-GROWTH, TRENDS, AND FORECAST (2020 – 2024)

Eastern European countries, like Poland, Czech Republic, Romania, Hungary, Bulgaria, and Slovakia, are among the fast growers in Europe, in terms of GDP. Such strong economic performance is prompting countries in Eastern Europe to demand a greater say in the future of the European Union. With Germany dominating the logistics market, the eastern countries have a lot of work on their hands to…

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