Overview

Freight train: Increased freight volumes, brought on by robust consumer spending, will boost revenue

IBISWorld’s Freight Packing & Logistics Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth
12-17
2.3%
Annual Growth
17-22
Profit
Employment
21,628
Business
6,486

Industry Threats & Opportunities

  • Increased freight volumes and a rebound in international trade will stabilize revenue
  • The threat of external competition has increased consolidation, especially among major operators
  • Domestic and international trade are important sources of demand for freight packing and logistics services

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    Industry Analysis & Industry Trends

    The Freight Packing and Logistics Services industry has grown slowly over the five years to 2017, boosted by increases in trade and freight volumes, or goods transported in bulk. Since 2012, downstream demand has improved in line with rising industrial production and international trade. However, the slow nature of the economic recovery meant that industrial and retail activity remained subdued, keeping domestic freight volumes at low levels for most of the past five years. Many companies struggled with subdued demand and charged lower prices to attract customers, further limiting revenue growth. Slight consolidation and increased external competition also kept the number of industry players from growing faster...

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    Industry Report - Industry Investment Chapter

    The Freight Packing and Logistics Services industry has a low level of capital intensity. In 2017, for every dollar industry players spend on labor, an estimated $0.09 will be allocated toward capital. This is due to the labor-intensive nature of packing shipments, arranging trade documentation and providing logistics services. Wages consume a large amount of industry revenue, accounting for an estimated 24.5% in 2017. In comparison, depreciation costs are anticipated to consume only 2.1% of industry revenue. While depreciation costs are higher for larger operators, small- and medium-sized companies and single proprietorship entities have much higher wage costs, as independent operators allocate the majority of revenue that they earn toward their own income. Whi..

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    Additional Insights for the Freight Packing & Logistics Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Freight Packing & Logistics Services Industry are

  • Marketing of differentiated products
  • Ability to quickly adopt new technology
  • Ability to provide goods and services in diverse locations
  • IBISWorld analysts also discuss how external factors such as Consumer spending and Freight transportation services index in the Freight Packing & Logistics Services industry impact industry performance..

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    Industry Products

    What is the Freight Packing & Logistics Services Industry?

    This industry’s main activity is providing packing and crating services for the transportation sector. The industry is composed of companies that provide consolidation of freight consignments, trade document preparation, packing, crating and otherwise preparing goods for transportation and logistics consulting services. The industry does not include actual transportation of goods.

    Industry Products
    Packing and crating services
    Packing services for motor carrier and storage services
    Other services
    Industry Activities
    Packing goods for transportation
    Crating goods for transportation
    Wrapping goods for transportation
    Freight consolidation
    Trade document preparation
    Storing goods prior to and after freight
    Physical distribution consulting
    Logistics consulting

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Consumer spending
  • Freight transportation services index
  • Industrial production index
  • Total trade value

  • Current Performance
  • Slow but steady recovery
  • Increasing trend towards consolidation
  • Profit and other trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Efficiency takes flight
  • Table: Freight Packing & Logistics Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Freight Packing & Logistics Services Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Crop Services
  • Manufacturing
  • Wholesale Trade
  • Retail Trade
  • Transportation and Warehousing

  • Key Selling Industries
  • Copier & Office Equipment Wholesaling
  • Printing
  • Wood Pallets & Skids Production

  • Products & Services
  • Packing and crating services
  • Other services
  • Packing services for motor carrier and storage services
  • Chart: Freight Packing & Logistics Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Wholesalers
  • Manufacturing sector
  • Transportation sector
  • Chart: Major Market Segmentation for the Freight Packing & Logistics Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesOther
  • Chart: Cost Structure Benchmarking – Sector vs Freight Packing & Logistics Services

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Freight Packing & Logistics Services Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Freight Packing & Logistics Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Freight Packing & Logistics Services Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Consumer spending (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Air Waybill
  • A receipt issued by an international airline for goods and evidence of the contract of carriage.
  • Bills Of Lading
  • Documents issued by a carrier to a shipper, acknowledging that specified goods have been received on board as cargo.
  • Pallet
  • A small portable platform on which goods are placed for storage and transport.
  • Pooling Services
  • The process of combining and sharing assets in a common effort.
  • Radio Frequency Identification (Rfid)
  • A technology that tracks products from the time they leave the assembly line to the time they leave the store by releasing continuous signals from a chip.
  • Toll Road
  • A private road that can be accessed for a fee.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Freight Packing & Logistics Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Freight Packing & Logistics Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Freight Packing & Logistics Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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