Hazardous Goods Logistics Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019-2029, Segmented By Business Type ; By Operation ; By Product ; By Application ; By Region

Description

Global Hazardous Goods Logistics Market Size Set to Touch Whopping USD 344 Billion by 2029.

Global hazardous goods logistics market is gaining traction because of a spurring demand for hazardous goods due to industrial growth and stringent regulations and compliance requirements for the transportation of hazardous goods.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global hazardous goods logistics market size at USD 211.3 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global hazardous goods logistics market size to grow at a CAGR of 7.4% reaching a value of USD 343.93 billion by 2029. Along with strict rules that demand particular handling, packing, and safety precautions for hazardous commodities, the booming oil sector and international fuel commerce are major growth factors for the global hazardous goods logistics market.

Global Hazardous Goods Logistics Market - Overview:

Hazardous goods logistics refers to the transportation of dangerous items by air, sea, or land while using the utmost safety precautions. Transporting hazardous chemicals has the potential for groundwater and land pollution in the case of an accident. Additionally, it poses a health danger to both local wildlife and people. There are nine categories of hazardous goods assigned by the United Nations. Approximately 3,000 items and chemicals that are often delivered by air are listed in the Dangerous Goods Regulation Manual (DGR) by the International Air Transport Association.

Global Hazardous Goods Logistics Market - By Product:

Based on product, the global hazardous goods logistics market is segmented into flammable, explosive, radioactive, bio-hazardous, and others. Flammable products account for the highest share of the global hazardous goods logistics market. The growth of this segment is mainly attributed to the flourishing trade of petroleum products such as crude oil, natural gas, and gasoline. These products are highly flammable and carry a high risk of accidents through leaks, explosions, and pollution. The high risk of accidents occurring during loading and unloading, combined with the loss of cargo and the expense of restoration due to environmental damage, is driving market growth.

Impact of COVID-19 on Global Hazardous Goods Logistics Market:

The COVID-19 pandemic halted the growth of the global hazardous goods logistics market due to the temporary restrictions on international trade and the cross-border supply of goods. The oil and industrial sectors were particularly impacted due to the constraints on their operations as a result of the lockdown and the high risk of the virus spreading through logistics to other countries. Since coronavirus is one of the most dangerous viruses, it must be transported with the utmost care. The transportation of the new coronavirus and medications from the sites of outbreaks to healthcare facilities and research institutions for the purpose of investigation, however, gave the market a boost from the healthcare sector.

Competitive Landscape:

Major players operating in the global hazardous goods logistics market include: Deutsche Post DHL Group, DSV, Ceva Logistics, Bollore Logistics, DGD Transport, Toll Group, YRC Worldwide Inc., DB Schenker, Hellmann Worldwide Logistics, Agility Logistics, Kuehne + Nagel, XPO Logistics, United Parcel Service, and GEODIS.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Global Hazardous Goods Logistics Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Hazardous Goods Logistics Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23602

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Hazardous Goods Logistics Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Increasing Demand for Hazardous Goods due to Industrial Growth
  - 3.2.1.2. Stringent Regulations and Compliance Requirements for the Transportation of Hazardous Goods
  - 3.2.1.3. Growing Globalization and International Trade of Hazardous Goods
- 3.2.2. Restraints
  - 3.2.2.1. Complex Regulatory Landscape and Compliance Challenges
  - 3.2.2.2. High Operational Costs Associated with Specialized Equipment, Packaging, and Training for Hazardous Goods Transportation
- 3.2.3. Opportunities
  - 3.2.3.1. Growth Potential in Emerging Markets with Expanding Industrial Sectors and Increased Focus on Safety and Compliance
  - 3.2.3.2. Rising Awareness and Emphasis on Sustainable and Eco-Friendly Hazardous Goods Logistics Practices
- 3.2.4. Challenges
  - 3.2.4.1. Compliance with Ever Evolving and Complex Regulations Governing Hazardous Goods Transportation
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Global Hazardous Goods Logistics Market Overview

4.1. Market Size & Forecast by Value, 2019-2029
- 4.1.1. By Value (USD Billion)
4.2. Market Share & Forecast
- 4.2.1. By Business Type
  - 4.2.1.1. Transportation
  - 4.2.1.2. Warehousing
  - 4.2.1.3. Value added Services
- 4.2.2. By Operation
  - 4.2.2.1. Seaways
  - 4.2.2.2. Roadways
  - 4.2.2.3. Railways
  - 4.2.2.4. Airways
  - 4.2.2.5. Storage and Services
- 4.2.3. By Product
  - 4.2.3.1. Flammable
  - 4.2.3.2. Explosive
  - 4.2.3.3. Radioactive
  - 4.2.3.4. Bio-hazardous
  - 4.2.3.5. Others
- 4.2.4. By Application
  - 4.2.4.1. Industrial
  - 4.2.4.2. Healthcare
  - 4.2.4.3. Agriculture
  - 4.2.4.4. Others
- 4.2.5. By Region
  - 4.2.5.1. North America
  - 4.2.5.2. Europe
  - 4.2.5.3. Asia Pacific (APAC)
  - 4.2.5.4. Latin America (LATAM)
  - 4.2.5.5. Middle East and Africa (MEA)

5. North America Hazardous Goods Logistics Market

5.1. Market Size & Forecast by Value, 2019-2029
- 5.1.1. By Value (USD Billion)
5.2. Market Share & Forecast
- 5.2.1. By Business Type
- 5.2.2. By Operation
- 5.2.3. By Product
- 5.2.4. By Application
- 5.2.5. By Country
  - 5.2.5.1. United States
  - 5.2.5.1.1. By Business Type
  - 5.2.5.1.2. By Operation
  - 5.2.5.1.3. By Product
  - 5.2.5.1.4. By Application
  - 5.2.5.2. Canada
  - 5.2.5.2.1. By Business Type
  - 5.2.5.2.2. By Operation
  - 5.2.5.2.3. By Product
  - 5.2.5.2.4. By Application

6. Europe Hazardous Goods Logistics Market

6.1. Market Size & Forecast by Value, 2019-2029
- 6.1.1. By Value (USD Billion)
6.2. Market Share & Forecast
- 6.2.1. By Business Type
- 6.2.2. By Operation
- 6.2.3. By Product
- 6.2.4. By Application
- 6.2.5. By Country
  - 6.2.5.1. Germany
  - 6.2.5.1.1. By Business Type
  - 6.2.5.1.2. By Operation
  - 6.2.5.1.3. By Product
  - 6.2.5.1.4. By Application
  - 6.2.5.2. United Kingdom
  - 6.2.5.2.1. By Business Type
  - 6.2.5.2.2. By Operation
  - 6.2.5.2.3. By Product
  - 6.2.5.2.4. By Application
  - 6.2.5.3. Italy
  - 6.2.5.3.1. By Business Type
  - 6.2.5.3.2. By Operation
  - 6.2.5.3.3. By Product
  - 6.2.5.3.4. By Application
  - 6.2.5.4. France
  - 6.2.5.4.1. By Business Type
  - 6.2.5.4.2. By Operation
  - 6.2.5.4.3. By Product
  - 6.2.5.4.4. By Application
  - 6.2.5.5. Spain
  - 6.2.5.5.1. By Business Type
  - 6.2.5.5.2. By Operation
  - 6.2.5.5.3. By Product
  - 6.2.5.5.4. By Application
  - 6.2.5.6. Belgium
  - 6.2.5.6.1. By Business Type
  - 6.2.5.6.2. By Operation
  - 6.2.5.6.3. By Product
  - 6.2.5.6.4. By Application
  - 6.2.5.7. Russia
  - 6.2.5.7.1. By Business Type
  - 6.2.5.7.2. By Operation
  - 6.2.5.7.3. By Product
  - 6.2.5.7.4. By Application
  - 6.2.5.8. The Netherlands
  - 6.2.5.8.1. By Business Type
  - 6.2.5.8.2. By Operation
  - 6.2.5.8.3. By Product
  - 6.2.5.8.4. By Application
  - 6.2.5.9. Rest of Europe
  - 6.2.5.9.1. By Business Type
  - 6.2.5.9.2. By Operation
  - 6.2.5.9.3. By Product
  - 6.2.5.9.4. By Application

7. Asia-Pacific Hazardous Goods Logistics Market

7.1. Market Size & Forecast by Value, 2019-2029
- 7.1.1. By Value (USD Billion)
7.2. Market Share & Forecast
- 7.2.1. By Business Type
- 7.2.2. By Operation
- 7.2.3. By Product
- 7.2.4. By Application
- 7.2.5. By Country
  - 7.2.5.1. China
  - 7.2.5.1.1. By Business Type
  - 7.2.5.1.2. By Operation
  - 7.2.5.1.3. By Product
  - 7.2.5.1.4. By Application
  - 7.2.5.2. India
  - 7.2.5.2.1. By Business Type
  - 7.2.5.2.2. By Operation
  - 7.2.5.2.3. By Product
  - 7.2.5.2.4. By Application
  - 7.2.5.3. Japan
  - 7.2.5.3.1. By Business Type
  - 7.2.5.3.2. By Operation
  - 7.2.5.3.3. By Product
  - 7.2.5.3.4. By Application
  - 7.2.5.4. South Korea
  - 7.2.5.4.1. By Business Type
  - 7.2.5.4.2. By Operation
  - 7.2.5.4.3. By Product
  - 7.2.5.4.4. By Application
  - 7.2.5.5. Australia & New Zealand
  - 7.2.5.5.1. By Business Type
  - 7.2.5.5.2. By Operation
  - 7.2.5.5.3. By Product
  - 7.2.5.5.4. By Application
  - 7.2.5.6. Indonesia
  - 7.2.5.6.1. By Business Type
  - 7.2.5.6.2. By Operation
  - 7.2.5.6.3. By Product
  - 7.2.5.6.4. By Application
  - 7.2.5.7. Malaysia
  - 7.2.5.7.1. By Business Type
  - 7.2.5.7.2. By Operation
  - 7.2.5.7.3. By Product
  - 7.2.5.7.4. By Application
  - 7.2.5.8. Singapore
  - 7.2.5.8.1. By Business Type
  - 7.2.5.8.2. By Operation
  - 7.2.5.8.3. By Product
  - 7.2.5.8.4. By Application
  - 7.2.5.9. Philippines
  - 7.2.5.9.1. By Business Type
  - 7.2.5.9.2. By Operation
  - 7.2.5.9.3. By Product
  - 7.2.5.9.4. By Application
  - 7.2.5.10. Vietnam
  - 7.2.5.10.1. By Business Type
  - 7.2.5.10.2. By Operation
  - 7.2.5.10.3. By Product
  - 7.2.5.10.4. By Application
  - 7.2.5.11. Rest of APAC
  - 7.2.5.11.1. By Business Type
  - 7.2.5.11.2. By Operation
  - 7.2.5.11.3. By Product
  - 7.2.5.11.4. By Application

8. Latin America Hazardous Goods Logistics Market

8.1. Market Size & Forecast by Value, 2019-2029
- 8.1.1. By Value (USD Billion)
8.2. Market Share & Forecast
- 8.2.1. By Business Type
- 8.2.2. By Operation
- 8.2.3. By Product
- 8.2.4. By Application
- 8.2.5. By Country
  - 8.2.5.1. Brazil
  - 8.2.5.1.1. By Business Type
  - 8.2.5.1.2. By Operation
  - 8.2.5.1.3. By Product
  - 8.2.5.1.4. By Application
  - 8.2.5.2. Argentina
  - 8.2.5.2.1. By Business Type
  - 8.2.5.2.2. By Operation
  - 8.2.5.2.3. By Product
  - 8.2.5.2.4. By Application
  - 8.2.5.3. Peru
  - 8.2.5.3.1. By Business Type
  - 8.2.5.3.2. By Operation
  - 8.2.5.3.3. By Product
  - 8.2.5.3.4. By Application
  - 8.2.5.4. Rest of LATAM
  - 8.2.5.4.1. By Business Type
  - 8.2.5.4.2. By Operation
  - 8.2.5.4.3. By Product
  - 8.2.5.4.4. By Application

9. Middle East & Africa Hazardous Goods Logistics Market

9.1. Market Size & Forecast by Value, 2019-2029
- 9.1.1. By Value (USD Billion)
9.2. Market Share & Forecast
- 9.2.1. By Business Type
- 9.2.2. By Operation
- 9.2.3. By Product
- 9.2.4. By Application
- 9.2.5. By Country
  - 9.2.5.1. Saudi Arabia
  - 9.2.5.1.1. By Business Type
  - 9.2.5.1.2. By Operation
  - 9.2.5.1.3. By Product
  - 9.2.5.1.4. By Application
  - 9.2.5.2. UAE
  - 9.2.5.2.1. By Business Type
  - 9.2.5.2.2. By Operation
  - 9.2.5.2.3. By Product
  - 9.2.5.2.4. By Application
  - 9.2.5.3. Qatar
  - 9.2.5.3.1. By Business Type
  - 9.2.5.3.2. By Operation
  - 9.2.5.3.3. By Product
  - 9.2.5.3.4. By Application
  - 9.2.5.4. Kuwait
  - 9.2.5.4.1. By Business Type
  - 9.2.5.4.2. By Operation
  - 9.2.5.4.3. By Product
  - 9.2.5.4.4. By Application
  - 9.2.5.5. South Africa
  - 9.2.5.5.1. By Business Type
  - 9.2.5.5.2. By Operation
  - 9.2.5.5.3. By Product
  - 9.2.5.5.4. By Application
  - 9.2.5.6. Nigeria
  - 9.2.5.6.1. By Business Type
  - 9.2.5.6.2. By Operation
  - 9.2.5.6.3. By Product
  - 9.2.5.6.4. By Application
  - 9.2.5.7. Algeria
  - 9.2.5.7.1. By Business Type
  - 9.2.5.7.2. By Operation
  - 9.2.5.7.3. By Product
  - 9.2.5.7.4. By Application
  - 9.2.5.8. Rest of MEA
  - 9.2.5.8.1. By Business Type
  - 9.2.5.8.2. By Operation
  - 9.2.5.8.3. By Product
  - 9.2.5.8.4. By Application

10. Competitive Landscape

10.1. List of Key Players and Their Offerings
10.2. Global Hazardous Goods Logistics Company Market Share Analysis, 2022
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, and others)

11. Impact of Covid-19 on Global Hazardous Goods Logistics Market

12. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

12.1. Deutsche Post DHL Group
12.2. DSV
12.3. Ceva Logistics
12.4. Bollore Logistics
12.5. DGD Transport
12.6. Toll Group
12.7. YRC Worldwide Inc.
12.8. DB Schenker
12.9. Hellmann Worldwide Logistics
12.10. Agility Logistics
12.11. Kuehne + Nagel
12.12. XPO Logistics
12.13. United Parcel Service
12.14. GEODIS
12.15. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations