About Dangerous Goods Logistics
Dangerous products can range from liquids to gases to solids, depending on their nature. There are nine different classifications that they fall into. Flammable, explosive, radioactive, bio-hazardous, or allergic items are examples of dangerous goods. To keep, utilize, or transfer them, they usually require specific permission. Dangerous products are regulated by law because they require particular labeling and packaging. On our page regarding harmful items, you may learn more about this issue.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The demand for Dangerous Goods Logistics is increasing due to the rise in the oil and gas industry. The Companies in this industry are facing many challenges. Many worldwide and regional service providers participate in the sector and compete directly with industry leaders. It has been identified that market-leading players are investing heavily in technological development, resource utilization to boost the market position. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Dangerous Goods Logistics market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DHL (Germany), Toll Group (Australia), Kuehne + Nagel International AG (Switzerland), DB Schenker (Germany), Expeditors International (United States), DSV (Denmark), GEFCO S.A. (France), XPO Logistics (United States) and Kelso & Company (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are CEVA Logistics (France), Bollore Logistics (United States) and Transplace (United States).
Segmentation Overview
AMA Research has segmented the market of Global Dangerous Goods Logistics market by Type (Explosives, Gases, Flammable Liquids., Radioactive and Others) and Region.
On the basis of geography, the market of Dangerous Goods Logistics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Destination, the sub-segment i.e. Domestic will boost the Dangerous Goods Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Services, the sub-segment i.e. Transportation will boost the Dangerous Goods Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Transportation Mode, the sub-segment i.e. Air will boost the Dangerous Goods Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Emergence of Autonomous Vehicle in Transportation and Growing Popularity of Green Logistics in Dangerous Goods
Market Growth Drivers:
The Rise in Transportation of Oil & Gas and Increase in Demand for Medicine and Virus Sample Due to Covid19
Challenges:
High Transportation Cost Due to Hike in Fuel Price and Strict Government Rules and Regulations for Dangerous Goods in Different Countries
Restraints:
High Risk of Accidents and Spillage of Dangerous Gas or Flammable Liquids
Opportunities:
Rising Demand for Dangerous Goods Transportation Due to Large Number of Risky Products and Their Relevance an a Technologically Advanced Regions
Market Leaders and their expansionary development strategies
In May 2021 Kelso & Company released a statement announcing the acquisition of C.L. Smith. The acquisition of C.L. Smith and Inmark will provide a more diverse product line and a major global reach to better serve customers' vital needs. Kelso will continue to invest in the platform through organic and inorganic market expansion.
In May 2023, FIATA is release of the highly anticipated 'Introduction to the regulations for the safe handling and transport of dangerous goods (3rd Edition)', designed to equip freight forwarders with essential knowledge and guidelines for the safe transportation of dangerous goods.
Key Target Audience
Venture and Capitalist, New Entrants/Investors, Analysts and Strategic Business Partners, Oil and Gas Industry, Pharmaceutical Industry and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.