Contact logistics tracks the Africa freight forwarding market. Each country's market is dominated by a few international players. Without 3PL, Africa's supply chain would be non-existent. For supplying large retailers in urban areas, the traditional model of using delivery trucks and contracting 3PL is used. Small-scale 3PLs are used to deliver products to small-scale retailers in difficult-to-reach areas. Due to infrastructure constraints, large market players prefer to outsource services to local transporters and focus on their core competencies. Companies do not want to hire their own logistics arm because it requires a large capital investment and a lot of hassle.
The COVID-19 epidemic has had a massive global impact. It is visible in the ongoing lockdowns, the nearly complete closure of all businesses, restaurants, and public transportation, as well as the dramatic increase in unemployment and other economic indicators. With the current pandemic crisis, Africa has also suffered from recession, depreciation, and unemployment. At the regional and international levels, transportation and logistics remain critical components of the supply value chain. Any disruption in the transportation and logistics industry hurts trade, socioeconomic development, and overall sustainability. Revenue and supply chain performance are inextricably linked, demonstrating the sector's contribution to a country's economic development. According to the World Bank, operational constraints in both small and large supply chain players caused delivery delays, congestion, and higher freight rates. Because of the lack of a recovery plan, most small players in the transportation and logistics sector have been severely impacted, resulting in the closure of operations.
Africa Freight Forwarding Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Bollore Africa Logistics, Kuehne Nagej, Imperial Logistics, OneLogix, DHL, FedEx, Alistair, MeTL, Maersk Uganda Limited, Spedag Interfrieght, BHN Logistics, United Postal Services, Pacific International Lines, Seabelo Carriers, Worker Freight Service.
Africa Freight Forwarding Market Segmentation:
By Mode of Service: Based on the Mode of Service, Africa Freight Forwarding Market is segmented as; Air Freight, Rail Freight, Road Freight.
By End Users: Based on the End Users, Africa Freight Forwarding Market is segmented as; Automotive, Beverages, Consumer Retail, Food, Healthcare, Others.
By Region: This report also provides the data for key regional segments of South Africa, Kenya, Tanzania, Uganda, Nigeria, Namibia, Botswana.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.