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Market Overview of Global Dangerous Goods Logistics market:
According to our latest research, the global Dangerous Goods Logistics market looks promising in the next 5 years. As of 2022, the global Dangerous Goods Logistics market was estimated at USD 459164.45 million, and it's anticipated to reach USD 647288.59 million in 2028, with a CAGR of 5.89% during the forecast years.
Dangerous goods, abbreviated as DG, are substances that when transported are a risk to health, property, safety, or the environment. Certain dangerous goods that pose risks even when not being transported are known as hazardous materials. Hazardous materials are often subject to chemical regulations. Hazardous material teams are personnel specially trained to handle dangerous goods, which include materials that are explosive, radioactive, flammable, oxidizing, corrosive, biohazardous, pathogenic, asphyxiating, toxic, or allergenic. Dangerous goods make up a significant portion of the global freight because they include many widely used commodities and products. The transport of dangerous goods requires special precautions, handling, and packaging. There are specialized safety regulations, standards, and reporting systems in place for pipelines, rail, highway, air, and marine vehicles that transport dangerous goods. These special requirements recognize the incidents involving in the transportation of dangerous goods, which can affect the environment, in addition to the potential risks of injuries and deaths.
Rise in need to handle and distribute dangerous goods
Several dangerous goods logistics companies include transport of dangerous goods that are used in several industries such as oil & gas, pharmaceuticals, and process industries. Manufacturers and third party logistics companies are adopting federal and state safety regulations during transport of dangerous goods to minimize the risk involved. For instance, 3PL providers offer chemical shipments that include services such as non-asset logistics management, which allows shippers to choose carriers and manage their goods in enhanced manner. Thus, rise in need for handling and distribution of dangerous goods drives growth of the dangerous goods market.
Complexities in chemical logistics
Chemical logistical companies include transport of goods through railways, roads, airways, and seaways. Thus, there are several complexities involved during transportation of goods such as oversaturated rail network, uncertain transit time, improper flexibility in transport of chemicals with different specifications, road quality, and pilferage, which hamper the chemical logistics market growth. For instance, freight transport by railway can take up to 8 days for a journey that includes approximately 2000 km. Thus, owing to uncertainty in transit time, many logistical companies end up carrying excess stock with improper safety to avoid losing sales, owing to improper stock availability during production, which, in turn, hampers the market growth.
Region Overview:
In global comparison, a significant portion of the revenue was generated in China (38.34% in 2022).
Company Overview:
DHL is one of the major players operating in the Dangerous Goods Logistics market, holding a share of 5.25% in 2022.
DHL
DHL is an international Umbrella brand and trademark for courier, package delivery and express mail service, which is a division of the German logistics firm Deutsche Post. DHL Express, a transportation company founded in the United States, is currently wholly owned by Deutsche Post Group and is currently one of the largest transportation companies in the world.
United Parcel Service
United Parcel Service (UPS, stylized as ups) is an American multinational shipping & receiving and supply chain management company founded in 1907. UPS has recently expanded into logistics and other transportation-related areas, such as warehousing for Nike and maintenance support for Toshiba.
Segmentation Overview:
Among different product types, Chemical Logistics segment is anticipated to contribute the largest market share in 2027.
Radioactive Material Logistics
Radioactive material can be transported by truck, train, plane or ship. There are special regulations that help keep drivers, the public, and the environment safe. The packaging used to transport radioactive material is tested to make sure it will keep people safe if there is an accident.
Chemical Logistics
Chemical logistics can be defined as the movement of chemicals along a supply chain with the help of services such as transportation and warehousing provided by chemical logistics companies. Chemicals, either in liquid or solid state, act as essential basis for pharmaceutical products, food products, and other everyday products. Transportation of these chemicals requires special care in transportation, handling, and storage to prevent any safety hazards such as contamination and spoilage.
Inflammable and Explosive Logistics
Inflammable and explosive dangerous goods are strong corrosive materials collectively, the transport of dangerous goods there is a huge risk, little attention may result in material damage or personal injury or death. Commonly transported Inflammable and Explosive Dangerous Goods include ammunition, fireworks, airbag inflators, and fuse, etc.
Application Overview:
In the Dangerous Goods Logistics market, 73.14% of the total value was generated through the Industrial segment by application in 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Dangerous Goods Logistics market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Dangerous Goods Logistics Market Report:
Market Size Estimates: Dangerous Goods Logistics market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Dangerous Goods Logistics market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Dangerous Goods Logistics market
Segment Market Analysis: Dangerous Goods Logistics market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Dangerous Goods Logistics market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Dangerous Goods Logistics Market: Revenue and sales volume of major countries in each region
Dangerous Goods Logistics Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Dangerous Goods Logistics market in major regions.
Dangerous Goods Logistics Industry Value Chain: Dangerous Goods Logistics market raw materials & suppliers, manufacturing process, distributors, downstream customers
Dangerous Goods Logistics Industry News, Policies & Regulations
Key players in the global Dangerous Goods Logistics market are covered in Chapter 12:
NRS Corporation
DSV
Kuehne + Nagel
Purolator
Chikko Corporation
Bollore Logistics
DHL
C.H. Robinson
XPO Logistics
Sinotrans
DB Schenker
TFI International
Ceva Logistics
United Parcel Service
Broekman Logistics
Milkyway
Zhengben Logistics
FedEx Express
In Chapter 2 and Chapter 15.1, based on types, the Dangerous Goods Logistics market from 2018 to 2028 is primarily split into:
Radioactive Material Logistics
Chemical Logistics
Inflammable and Explosive Logistics
Other
In Chapter 3 and Chapter 15.2, based on applications, the Dangerous Goods Logistics market from 2018 to 2028 covers:
Healthcare
Industrial
Agriculture
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Dangerous Goods Logistics market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028