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Logistics

Logistics Services Market in India 2015

$1,850

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Netscribes latest market research report titled Logistics Services Market in India 2015 highlights that the market is on a growth trajectory owing to rapid globalization and 100% FDI allowance in logistics. Logistics services broadly comprise of courier services, freight forwarding, third party logistics (3PL) and reverse logistics. Growing business of private telecom sector, financial institutions dependence on courier and seasonal business upsurge due to occasions are the key drivers of the Courier Market. 3PL providers have largely benefitted from the growth in auto & auto components sector and retail sector. Growing competition in retail sector also transcends the need for reverse logistics to handle returns management. e-Tailing has revamped shopping experience by making it an anytime activity which has a favorable impact on courier and reverse logistics sectors. Domestic freight market is expected to grow considerably provided freight companies diversify their business to other logistic segments.

Poor infrastructure facility, delay in clearances and high operating costs are the major challenges faced by the courier industry. The current overall logistics market is largely mulled by rising freight costs due to volatile fuel prices, lack of skilled manpower and infrastructural bottlenecks. However, a surge of government initiatives in the form of National Highways Development Project (NHDP), development of Dedicated Freight Corridor of Indian Railways, port sector initiatives and shift to GST regime are providing the necessary impetus to the overall logistics industry. Adoption of GPS, barcode technology and RFID aids the sector tremendously in tracking of goods and smooth information flow between monitoring unit and on-duty delivery. Focus on skilled manpower, technology adoption and competitive pricing are the key strategies to expect a sustainable growth trajectory in the overall sector.

Coverage

Overview of the logistics services sector in India and forecasted logistics services market size over 2013 to 2018e

Service areas, market attractiveness and industries served by the logistics sector as a whole

Major segments based on service areas and benefits and opportunities of the segments

Sub segments pertaining to the major segments, business areas and market insights

Qualitative and quantitative analysis of the major drivers and challenges affecting the market

Active government initiatives encouraging the overall logistics sector in the country

Key issues jeopardizing the major sectors and current technology trends observed in the sector

Analysis of the competitive landscape and detailed profiles of major public and private players

Strategic recommendation providing substantial future outlook for the market

Why Buy

Get a in-depth understanding of the logistics market in India and the major service areas, importance of logistics services to the overall logistics sector, the industries served by the sector and current scenario of the same

Be informed about the major segments and services of the sub sectors, their evolution over the years, further segmentations and features and distribution channel of services

Understand the major government initiatives which governs the specific sectors

Understand major competitors business, market dynamics, and respond accordingly

Make more informed business decisions with the help of insightful recommendations provided to succeed in the freight forwarding sector

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