The Business Research Company’s Hazardous Goods Logistics Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Hazardous Goods Logistics Global Market Report 2023 evaluates hazardous goods logistics market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global hazardous goods logistics market is expected to grow from the hazardous goods logistics market size has grown strongly in recent years. It will grow from $215.63 billion in 2023 to $233.66 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to growth of industrialization, growing globalization, increasing awareness of the importance of safety and security in hazardous goods, The hazardous goods logistics market size is expected to see strong growth in the next few years. It will grow to $311.27 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.
The rise in the oil and gas industry is expected to propel the growth of the hazardous goods logistics market going forward. The oil and gas industry refers to the sector of the global economy involved in the exploration, extraction, production, refining, distribution and marketing of hydrocarbon resources, primarily crude oil and natural gas. Hazardous goods logistics are extensively used in the oil and gas industry due to the nature of the materials involved in exploration, production, refining and distribution processes. For instance, in June 2022, according to The Office for National Statistics, a UK-based government department, gas imports into the UK reached $24.92 billion in 2021, a significant rise of 312% from $6.10 billion in 2020. Moreover, the UK gas exports reached $4.32 billion in 2021, a 167% increase from $1.65 billion in 2020. Therefore, the rise in the oil and gas industry is driving the growth of the hazardous goods logistics market.
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The hazardous goods logistics market segments in the report are:
1) By Product: Flammable, Explosive, Radioactive, Bio-Hazardous, Other Products
2) By Business Type: Transportation, Warehousing, Value-Added Services
3) By Operation: Seaways, Roadways, Railways, Airways, Storage And Services
4) By Application: Industrial, Healthcare, Agriculture, Other Applications
The table of contents in TBRC’s hazardous goods logistics market report includes:
1. Executive Summary
2. Hazardous Goods Logistics Market Characteristics
3. Hazardous Goods Logistics Market Trends And Strategies
4. Hazardous Goods Logistics Market – Macro Economic Scenario
5. Global Hazardous Goods Logistics Market Size and Growth
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26. South America Hazardous Goods Logistics Market
27. Brazil Hazardous Goods Logistics Market
28. Middle East Hazardous Goods Logistics Market
29. Africa Hazardous Goods Logistics Market
30. Hazardous Goods Logistics Market Competitive Landscape And Company Profiles
Top Major Players:
- Deutsche Post DHL Group
- YRC Worldwide Inc
- FedEx Corporation
- A.P. Moller – Maersk
- Kühne + Nagel International AG
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