Global Project Logistics Market Size study & Forecast, by Service (Transportation, Forwarding, Inventory Management and Warehousing, and Other Value-added Services), by End-User (Oil and Gas, Mining and Quarrying, Construction, and Other End-Users), and R

Global Project Logistics Market Size study & Forecast, by Service (Transportation, Forwarding, Inventory Management and Warehousing, and Other Value-added Services), by End-User (Oil and Gas, Mining and Quarrying, Construction, and Other End-Users), and Regional Analysis, 2022-2029

The global Project Logistics Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Project logistics is an integrated process that involves the planning, organization, management, processing, and control of the entire flow of goods, materials, and information associated with the successful completion of a project. Larger cargo necessitates a completely different set of equipment, infrastructure, and skilled personnel. The Project Logistics market is expanding because of factors such as the rising demand for the oil and gas industry and supportive government policies.

According to Statista in 2023, global oil production and demand across the globe is rising. In 2021, global crude oil production amounted to around 4.2 billion metric tons which peaked in 2018 and reached around 4.5 billion metric tons. Also, in 2021, the production of oil amounted to 89.9 million barrels per day. Whereas rising demand & investment from end-user industries and growth activities by market players create lucrative opportunities for the market. However, high initial capital investment hampers the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Project Logistics Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing usage of renewable energies, growing construction industry and rising investment by market players. Also, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing penetration of market players’ growth activities in the forecast period.

Major market players included in this report are:
Rhenus Logistics
Bollore Logistics
Agility Logistics
EMO Trans
Hellmann Worldwide Logistics
Kuehne + Nagel International AG
C.H. Robinson Worldwide Inc.
Ceva Logistics
NMT Global Project Logistics
Rohlig Logistics

Recent Developments in the Market:
In 2021, from January to December 2021, Bollore Logistics successfully transported 30,000 tonnes of equipment for a solar farm project in Chile’s Atacama region. The project entailed delivering 10 containers per day, Monday through Saturday, for a year from the port of Angamos to the Diego Almagro site, which was approximately 500 kilometres away. To ensure this logistics operation, Bollore Logistics Chile signed an exclusive agreement with a road transport company in the Atacama region.
In November 2021, BBC Chartering was hired by NMT Global Project Logistics and Fortescue Metals Group (FMG) to transport heavy-lift steel module structures, ancillary cargoes, and containers for the Iron Bridge project. Once operational, the modern and innovative mine development process is expected to produce 22 million metric tonnes of exportable material per year. Shipments for this project are currently underway and are scheduled to be completed in April/May 2022.

Global Project Logistics Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Services, End-user, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Service:
Transportation
Forwarding
Inventory Management and Warehousing
Other Value-added Services

By End-user:
Oil and Gas
Mining, and Quarrying
Construction
Other End Users

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Rhenus Logistics
Bollore Logistics
Agility Logistics
EMO Trans
Hellmann Worldwide Logistics
Kuehne + Nagel International AG
C.H. Robinson Worldwide Inc.
Ceva Logistics
NMT Global Project Logistics
Rohlig Logistics

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