Kenya Logistics and Warehousing Market Trends, Revenue, Industry Share, Scope, Growth Strategy, Key Players, Challenges, Future Opportunities and Forecast till 2033: SPER Market Research
Logistics refers to the management of the flow of goods, services, and information from the point of origin to the final consumer. It includes tasks including distribution, warehousing, packing, inventory control, and transportation. Logistics makes sure that the correct amount of goods are delivered at the right time to the right place at the right price. One important aspect of logistics is warehousing, which is managing and storing products in a warehouse. It covers the receiving, handling, storing, and shipping of commodities, guaranteeing that they are traced, stored securely, and made readily available for distribution. Inventory management and frequently packaging services are also part of effective warehousing.
According to SPER market research, ‘Kenya Logistics and Warehousing Market Size- By Mode of Freight, By Type of Freight, By Flow Corridors, By End-User, By Warehousing- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Kenya Logistics and Warehousing Market is predicted to reach XX billion by 2033 with a CAGR of XX%.
Drivers: The logistics and warehousing industry in Kenya have grown significantly due to a number of important causes. To handle more online orders and last-mile delivery, the growth of e-commerce has raised the need for effective logistics and warehousing services. Th e expansion of the manufacturing industry has made sophisticated logistics solutions necessary for the delivery of both finished goods and raw materials. The Standard Gauge Railway (SGR), which runs from Mombasa to Nairobi and on to Naivasha, is one example of a strategic infrastructure development that has shortened transit times and decreased the need for heavy products to be transported by road. Jomo Kenyatta International Airport’s refurbishment and expansion have increased air freight capacity and improved access to global markets.
Restraints: The logistics and storage industry in Kenya has a number of obstacles that limit its productivity and expansion. Inadequate infrastructure is still a major issue; even with continuous advancements, around 35% of logistics companies report issues because of bad roads and little rail connectivity, which raises transportation costs and causes delays. Complicated regulations also provide challenges, with strict customs processes leading to delays and higher operating expenses, especially for smaller logistics firms. Businesses encountered difficulties when keeping goods; problems such as inadequate structural planning and poorly ventilated areas resulted in stock contamination and delays. The situation is made worse by high land costs, which discourage investment in new warehouse buildings due to desirable locations.
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Nairobi dominates Kenya’s logistics and warehousing market due to its status as the capital and economic centre, hosting a significant portion of the country’s warehousing space. Some of the key market players are Agility Logistics, Bollore Transport and Logistics, CEVA Logistics, DB Schenker, DHL and others.
Kenya Logistics and Warehousing Market Segmentation:
By Mode of Freight: Based on the Mode of Freight, Kenya Logistics and Warehousing Market is segmented as; Air Freight, Pipeline, Rail Freight, Road Freight, Sea Freight.
By Type of Freight: Based on the Type of Freight, Kenya Logistics and Warehousing Market is segmented as; Domestic Freight Revenue, International Freight Revenue.
By Flow Corridors: Based on the Flow Corridors, Kenya Logistics and Warehousing Market is segmented as; African Countries, Asian Countries, European Countries, Middle East, North America.
By End User: Based on the End User, Kenya Logistics and Warehousing Market is segmented as; Automotive, Chemical, Construction, FMCG, Food and Beverages, Industrial, Others.
By Warehousing: Based on the Warehousing, Kenya Logistics and Warehousing Market is segmented as; Closed Normal, Cold Storage, Freezer/Chillers, Industrial/Retail, Integrated, Open Yard, Others.
By Region: This report also provides the data for key regional segments of Central Region, Coastal Region, Northern Region, Nyanza Region, Rift Valley Region, Western Region.
For More Information, refer to below link: –
Kenya Logistics and Warehousing Market Share
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