Global Cash Logistics Market Growth (Status and Outlook) 2023-2029

Global Cash Logistics Market Growth (Status and Outlook) 2023-2029

Cash logistics involves physical transportation of cash from one location to another. Cash logistics services comprise of secure cash services, bank ATM services, armored cash transportation, management services, and transportation of valuables. The whole procedure involves physical movements of banknotes, coins, credit cards, and items of value from one location to another. The locations include bulk cash junctions, bank branches, ATM vestibules, large retailers, ticket vending machines, and parking meters.

LPI (LP Information)' newest research report, the “Cash Logistics Industry Forecast” looks at past sales and reviews total world Cash Logistics sales in 2022, providing a comprehensive analysis by region and market sector of projected Cash Logistics sales for 2023 through 2029. With Cash Logistics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cash Logistics industry.

This Insight Report provides a comprehensive analysis of the global Cash Logistics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cash Logistics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cash Logistics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cash Logistics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cash Logistics.

The global Cash Logistics market size is projected to grow from US$ 15950 million in 2022 to US$ 24880 million in 2029; it is expected to grow at a CAGR of 6.6% from 2023 to 2029.

The segment of Cash in Transit has witnessed growth at a noteworthy rate over the past few years and is expected to grow at a higher pace in the forecast period. On the heels of rising cash prevalence particularly in developing countries including China, India, CIC-GDP ratio and installations of ATMs has been on the rise. Among the regions, North America accounts for the largest regional share in the global cash logistics market in 2016. Emerging nations in Asia Pacific region such as China and India have been displaying a lot of potential and is anticipated to be one of the fastest growing regions in the forecast period. Key factors driving the robust growth rate of APAC region include amplifying growth in the installation of ATMs, increase in the cash usage, re-monetisation in India, rising need for the replenishment of ATMs coupled with increasing purchasing power.

This report presents a comprehensive overview, market shares, and growth opportunities of Cash Logistics market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Cash-In-Transit
Cash Management
ATM Services

Segmentation by application
Enterprise
Individual
Government
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Brink's Incorporated
G4S
GardaWorld
Loomis
Prosegur
Cash Logistik Security
Global Security Logistics
General Secure Logistics Services
Lemuir Secure Logistics

Please note: The report will take approximately 2 business days to prepare and deliver.