Logistics services market India is
on a growth trajectory owing to rapid globalization and 100% FDI allowance.
Logistics services broadly encompass courier services, freight forwarding,
third party logistics and reverse logistics. Growth in international trade is
providing huge impetus to the demand for the logistics services. Growing
competition in retail sector transcends need of reverse logistics to handle
returns and store upgradation. Third party logistics providers need to
customize their services and charge competitive rates to benefit from retail
boom in India. E-tailing has revamped shopping experience by transforming it
from a weekend to anytime activity that is having a favorable impact on courier
and reverse logistics sectors.
The report begins with an
introduction section, classifying the logistics sector into transportation,
storage and logistics services. The logistics services being the focus of the
report are then segmented into four parts including Courier Services, Freight
Forwarding, 3PL and Reverse Logistics. These four segments are then briefly
introduced.
The next section briefly illustrates
the evolution of the four segments of logistics services that are considered in
the report.
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Market overview section provides a
brief snapshot of the logistics services market in India. To begin with, the
share of logistics services in overall logistics market is shown, followed by
the market size and growth in logistics services market in India. A brief
snapshot of the overall market attractiveness of each of the segments has also
been incorporated. The share and growth of the four segments in logistics
services is also shown. Subsequently a brief overview followed by its market
size & growth of the four segments are demonstrated.
Advantages of Services section deals
with the beneficial features of the four segments considered in the logistics
services.
Segments & Features section
elaborates the different segments and characteristics of the four markets -
Courier Services, Freight Forwarding, 3PL and Reverse Logistics.
Distribution Channel section
illustrates the supply chain of the four markets - Courier Services, Freight
Forwarding, 3PL and Reverse Logistics.
Role of Regulatory Bodies section explains
the role of government in courier service market. It also highlights the role
of Express Industry Council of India (EICI) on courier service. Members of EICI
are also listed. Further the role of United Nations Environment Programme
(UNEP) on Freight Forwarding market is discussed. The Standard Trading
Conditions for Freight Forwarders are also given in this section.
Drivers & challenges section in
the report provides a comprehensive set of factors which boosts and hinders the
growth in the market. An analysis of the section brings forth the key drivers
fueling growth in the market. The common driver drivers for the four market
segments includes global trade boom, rapid economic growth & FDI in
logistics, growth in retail sector, rise in e-tailing, increased demand in
consumer electronics and durables industry, and expansion of auto & auto
components sector. Other unique drivers for courier service market include
financial institutions dependence on courier, growing business of private
telecom sector, and seasonal business upsurge due to occasions. Other
unique drivers for freight forwarding market includes diversification into
logistics business, improved transportation infrastructure, and rising
competitiveness among domestic companies. Other unique drivers for 3PL Market
includes high cost of logistics in India, phased implementation of VAT, and
government infrastructure initiatives. Lastly, the other unique drivers for
reverse logistics market includes government concern for sustainability, garnering
customer satisfaction, growing consumerism among Indians, economic viability of
reusing goods, and growth of pharmaceutical market.
While the common challenges
identified comprises poor infrastructure, lack of skilled manpower, and
warehouse space deficit. Other unique challenge for courier service market
includes delay in clearances. Other unique challenges for freight forwarding
market includes stiff competition from international counterparts, rise in
freight costs, and complex operation. Other unique challenges for 3PL Market
include high inventory levels and lack of trust and awareness. Other unique
challenges for reverse logistics market include low importance to returns
management.
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Key Issues section discusses the
operational problems in each of the four segments considered in this report.
Technological Trends section in the
report emphasizes the recent trends in the technology adopted in logistics
services sector such as enterprise resource planning, supply chain management,
global positioning system, electronic data interchange, warehouse management
solution, automated guided vehicle system, radio frequency identification,
handheld mobile solutions, bar code, and courier tracking technology for
courier management. Further software solution providing companies and
technology adoption by leading players are also highlighted.
The Competitive Landscape section
profiles the major players in logistics services market in India in details
within the report which enables readers to get a clear picture of the current
competitive scenario. The section lists the basic details of the players such
as corporate information, business highlights and key members. The section also
features financial analysis of key vendors which in turn provides us with the financial
health of players.
The report concludes with a
strategic recommendations section that provides suggestions and strategies for
the existing and new players in the four segments of logistics services market
in India - Courier Services, Freight Forwarding, 3PL and Reverse Logistics.
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