Luxembourg Logistics Industry Research Report And Outlook to 2023: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit How Logistics Market is Positioned in Luxembourg? Luxembourg logistics and warehousing market was evaluated at USD ~ million with the growth rate recorded at ~% in 2018. The market witnessed an increase from USD ~ million in 2013. The logistics and warehousing industry encompasses with several components such as freight forwarding, warehousing, and value added services in Luxembourg. In terms of revenue generation, the freight forwarding segment dominated the market with USD ~ million in 2018. Rise in number of Chinese enterprises in Luxembourg has increased the importance of country in China’s outbound trade, investment and M&A deals across Europe. Luxembourg has the largest pool of Chinese currency in the Eurozone which has helped to increase its liquidity globally. Luxembourg’s economy rests on sectors such as steel and financial services industry. The country has reduced its dependence on few sectors by adding more sectoral pillars such as information technology & cargo transportation. The Third Party Logistics (3PL) providers in Luxembourg have captured logistics market worth USD ~ billion which represents ~% of the overall market revenues. Companies such as Kuehne+Nagal, Panalpina & CH Robinson are the market leaders in 3PL logistics industry. There has been a rise in contract & outsource logistics. Luxembourg holds a strong potential to become a major hub in terms of transport cost, warehouse & handling and labour cost. As reported by World Integrated Trade Solution (WITS), Luxembourg’s import value was evaluated to be USD ~ billion in 2017; whereas the country’s export value was evaluated to be USD ~ billion in 2017. Major trade commodities include machinery, nuclear reactors, steel, electronics, vehicles, mineral fuels, plastics & others. The freight forwarding segment dominated the Luxembourg Logistics Market with revenues totaling to USD ~ billion & revenue share worth ~% in the year 2018. Luxembourg’s strategic location on the European road & rail network opens a gateway for major flow corridors, thus making it an intercontinental logistics hub. Value added services segment generated revenue worth USD ~ billion in 2018 with revenue share worth ~% in the year 2018, owing to presence of highly skilled workforce & competitive warehousing prices in neighboring countries, the VAS revenue share is higher than warehousing segment. The warehousing segment generated ~% of the total revenues in Luxembourg logistics market totaling to USD ~ billion in the year 2018. This segment holds a minor share due to presence of competitive warehousing services in the neighboring countries such as France, Belgium & Germany. Normal deliveries are pre-dominant in the freight forwarding market owing to the small size of the country as deliveries can be made within a day. In 2018, normal deliveries contributed ~% of the total revenues of the freight forwarding market which amounted to USD ~ billion. As the time taken by normal deliveries is limited owing to the small size of the country, the express market accounts for a lower share in the Luxembourg freight forwarding market. In 2018, express deliveries contributed ~% of the total revenues of the freight forwarding market which amounted to USD ~ billion. How Freight forwarding Market of Luxembourg is Performing? In 2012-13, the Luxembourg government strategized to build its country as a gateway from/to/through Europe for cross dock hub, regional distribution & as a value added services centre. Road transport has dominated the freight forwarding segment as per the freight volumes recorded. Rail infrastructure has expanded over the years which have resulted in rise in freight volumes. Airport has developed specialized handling capacity, owing to which the air freight industry is witnessing a boom. Freight forwarding market in Luxembourg grew at CAGR ~% during the period 2013-2018. The freight forwarding market has increased with the rising demand for logistics services from industries such as pharmaceuticals, healthcare, e-commerce & express market which has further increased the freight volumes. A dense network of motorways, which connects Luxembourg with neighboring countries, was one of the main drivers for growth of the freight forwarding industry. The freight forwarding market increased from USD ~ billion in 2013 to USD ~ billion in 2018. The development of railway infrastructure & continuous allocation of funds to infrastructure projects has augmented growth in the domestic and international freight forwarding market. In terms of domestic and international freight forwarding segmentation, international freight forwarding has largely contributed in the revenues of the industry. The freight forwarding market is forecasted to dominate the Luxembourg logistics market in future and grow at ~% in the coming 5 years. The freight forwarding market is forecasted at USD ~ billion in 2023. Rail freight volumes are poised to show substantial increase owing to capacity expansion & technology up gradation projects implemented by CFL multimodal. A total of USD ~ billion has been invested in building an effective mobility chain in Luxembourg to meet the growing demand for transportation services. How is Warehousing Space and Industry Revenue Grown? Luxembourg has developed two logistics parks – Eurohub Centre & Eurohub South that offer tailor made warehousing solutions with proximity to airport, multimodal terminals & ports. Many companies are building their warehouses around Luxembourg City to optimize value chain process as it offers proximity to Luxembourg Airport. Warehousing companies are transferring their business to 3PL service providers which provide wide array of services. The demand for warehousing comes from logistics firm, e-commerce industry and manufacturing firms. The demand for fast, safe storage and delivery of goods to the customer that has attributed to the growth of service standards. The warehousing in Luxembourg grew at a CAGR of ~% from 2013 to 2018, growing from USD ~ million in 2013 to USD ~ million 2018. In 2014, E-commerce industry turnover amounted to USD ~ billion. Owing to increasing smart phone penetration, the e-commerce industry is poised to record a double digit growth in the coming 5 years which is going to create more demand for warehousing market in Luxembourg. The Industrial and Retail sector is the largest contributor to the warehousing sector in terms of revenues in 2018 with ~% of share. The rise in industrial and manufacturing activities over the years has increased demand for warehousing services in the country. The warehousing market in Luxembourg is expected to grow with a CAGR of ~% during 2018 to 2023 and reach USD ~ billion by 2023. Owing to the growth of pharmaceutical & e-commerce sector, Luxembourg is expected to become manufacturing & distributions centres for many international companies looking to tap the European markets. Key Segments Covered:- Luxembourg Logistics and Warehousing Market By Services Mix (Freight Forwarding, Warehousing and Value added services) Luxembourg Freight Forwarding Market Segmentation By Freight Mode (Air Transport, Maritime Transport, Road and Rail) – Basis of Revenue and Volume By International and Domestic Freight Forwarding – Mode Wise By Flow Corridors (Europe, Asia Pacific, Americas and ROW)- Basis International Freight Revenue By Normal and Express Delivery By Integrated and 3PL Luxembourg Warehousing Market By End User (Consumer & Retail, Pharmaceuticals & Healthcare, Fruits, Vegetables, Dairy & Beverages, Automotive and Others) By Business Model (Industrial/Retail Freight, Container Freight, Cold Storage and Others) By Integrated and Contract Logistics Luxembourg Value Added Services Market Luxembourg Express Logistics Market By Delivery (International and Domestic Express) By Mode (Air Express and Road Express) By End User (B2B and B2C & C2C) Luxembourg Cold Chain Market By Cold Storage and Cold Transport By End User Industries (Pharmaceuticals & Healthcare, Fruits, Vegetables and Dairy Products, Meat and Seafood and Others) E-Commerce Logistics Market By E-commerce Merchants and 3PL Companies By Same day and 2 Days or more Courier, Express and Parcel (CEP) Market Key Target Audience:- Logistics Companies 3PL/4PL Companies Warehousing Companies Logistics and Warehousing Industry Associations E-commerce and Online Retail Companies Cold Storage and Transport Companies Venture Capitalist Firms Government and Other Regulatory Organizations Time Period Captured in the Report:- Historical Period – 2013-2018 Forecast Period – 2018-2023 Companies Covered:- Cargolux Airlines KUEHNE+NAGEL CFL Multimodal Luxair Cargo WDP Logistics4Pharma Qatar Airways Cargo Wallenborn DB Schenker DPD Group DHL POST Luxembourg Jost Group Cobelfret Arthur Welter Keywords:- Luxembourg Logistics Industry Luxembourg Logistics Market Revenue Air Cargo Volumes in Luxembourg Air Freight Mail Volume Luxembourg Luxembourg Logistics Industry Share Number of Warehouses in Luxembourg Warehousing Space in Luxembourg Trucking Companies in Luxembourg Rail Freight Corridor Flow Luxembourg Luxembourg CFL Multimodal Revenue DB Schenker Luxembourg Revenue Logistics Air Freight Statistics Luxembourg Logistics Parks in Luxembourg Cobelfret Luxembourg Logistics Market For more information on the research report, refer to below link:- Luxembourg Logistics Market Related Reports:- Qatar Logistics and Warehousing Market Outlook to 2021 – Expanding Trade Volume Supported by Infrastructure Spending to Support Growth Saudi Arabia Logistics & Warehousing Market Outlook to 2020 – Expanding Industrial and Retail Activities Supported by Infrastructure Spending to Support Growth Philippines Logistics Market Outlook to 2020 – Driven by Customized Logistics, E-commerce Activities and Changes in Freight Forwarding Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications 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