New Zealand Logistics Market Outlook to 2026
Driven by Massive Logistics Infrastructure Investment, Flourishing ECommerce Industry, and Increasing Competition among domestic players
- Slides: 94
- April 2023
- Author(s): Rishabh Verma
- Total Views:1164
- Region : Asia
- Ken Research
- Market Research Report
About the Report
About the Report
The report provides a comprehensive analysis of the potential of Logistics Market in New Zealand. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
The report has market segmentation which include segments by types of freight, type of warehouse, by service mix, by end-users and by domestic and international shipments; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
According to Ken Research estimates, the Market Size of New Zealand Logistics Market has shown increasing trend from 2017 to 2022. Market Size of New Zealand Logistics is expected to show increasing trend from 2022 to 2027 at CAGR of 3.1%. This is owing to its strategic location, good transport infrastructure and the initiatives taken by the government. its strategic location, good transport infrastructure and the initiatives taken by the government.
- Digital transformation in logistics, from AI-guided picking & packing wearables to blockchain-based customer order ledgers, and IoT-connected machines on ground.
New Zealand is focusing towards expanding its exports by establishing manufacturing within the country. Increasing import-export activities would heighten demand for VAS services.
Key Trends by Market Segment:
By Domestic/International Shipments: International Freight accounted for major share in New Zealand’s logistics Market in 2021.
By Mode of Frieght: Driven by world-class seaports, centrally located airports, and an extensive, and modern network of roads and highways, the country’s logistics infrastructure and presence of major logistics services are advantages for businesses to set their operations in the country.