The France Freight and Logistics Market size was valued at USD 147.32 Billion in 2022 and is expected to surpass USD 212.05 Billion by 2031, expanding at a CAGR of 4.13% during the forecast period, 2023 – 2031. The growth of the market is attributed to rapid development of high-speed freight network. Moreover, government support for the logistics sector in the region is driving the market growth.
Logistics and freight are generally associated with the movement and transportation of goods by several different modes of transport, including air, ocean, rail, and road. France leads Europe with maximum number of industrial and logistics projects. The Logistics 2025 plan aims at improving infrastructure to enhance the intermodality of the transport network, while simplifying the administrative management of the supply chain.
A logistics company is responsible for managing goods' physical movement along with the supply chain. Freight management refers to the entire process of organizing inbound and outbound goods for transport. It does this by coordinating the processes between all carriers, distributors, vendors, and shippers to prepare, ship, store, and receive freight.
Freight and Logistics Market Trends, Drivers, Restraints, and Opportunities
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Growing digital transition and energy transition is one of the major drivers that is contributing to the growth of the France freight and logistics market.
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Ongoing technological advancements in the logistics industry, which includes inclusion of Internet of Things (IoT) for fast delivery is expected to augment the market growth.
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The outbreak of the COVID-19 has disrupted the supply chain owing to restriction imposed by government state bodies. However, declining number of the cases is expected to help the market recover soon.
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Rising trade and transportation is expected to create opportunities for the France freight and logistics industry in the projected timeline.
Scope of Freight and Logistics Market Report
The report on the France freight and logistics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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France Freight and Logistics Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Functions (Freight Transport, Freight Forwarding, Warehousing, Value-added Services, and Cold Chain Logistics), End-users (Manufacturing & Automotive, Oil & Gas and Quarrying, Agriculture, Construction, Distributive Trade [Wholesale and Retail], and Others)
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Geographic Zone
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France
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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DB Schenker, UPS, DHL, FedEx, XPO Logistics, MSC (Mediterranean shipping company), Ekol logistics, Kuehne Nagel International AG, Schneider Transport, Bansard International and FlyTrans International Forwarders.
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Freight and Logistics Market Segment Insights
Freight transport segment to grow at a rapid pace
Based on functions, the market is divided into freight transport, freight forwarding, warehousing, value-added services, cold chain logistics. The freight transport segment is anticipated to account for a key market share and is expected to grow at a healthy rate during the forecast period. Government plans to update and modernize its existing infrastructure, and its plans to cover 1,000 km (621 miles) of roads with solar panels, facilitating power provision to as much as 8% of the French population are driving the growth of the market segment. The installation is expected to complete by 2021. The current focus of the Government of France is to boost the local transportation facilities to facilitate the efficiency of day to day freight transport.
Distributive Trade segment to account a significant market share
Based on end-user industries, the market is divided into manufacturing & automotive, oil & gas and quarrying, agriculture, construction, distributive trade and others. The distributive trade segment is anticipated to account for a significant share during the forecast period. Wholesale trade and retail trade can be defined as an act of purchase and selling of goods without any intermediate physical transformation of goods. The improvement in the supply chain is driving the growth of the market segment.
Segments
The France freight and logistics have been segmented on the basis of
Functions
- Freight Transport
- Freight Forwarding
- Warehousing
- Value-added Services
- Cold Chain Logistics
End-User
- Manufacturing & Automotive
- Oil & Gas
- Quarrying
- Agriculture
- Construction
- Distributive Trade
- Others
Key Players
- DB Schenker
- UPS
- DHL
- FedEx
- XPO Logistics
- MSC (Mediterranean shipping company)
- Ekol logistics
- Kuehne Nagel International AG
- Schneider Transport
- Bansard International
- FlyTrans International Forwarders
Competitive Landscape
The major players of the market are DB Schenker, UPS, DHL, FedEx, XPO Logistics, MSC (Mediterranean shipping company), Ekol logistics, Kuehne Nagel International AG, Schneider Transport, Bansard International and FlyTrans International Forwarders.
Companies are focusing on joint ventures and acquisitions to expand their market share. Moreover, they’re integrating latest technologies to leverage their market position.
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