Global Disaster Relief Logistics Market 2018-2022
About Disaster Relief Logistics
Disaster relief logistics is the process of planning and implementing a cost effective flow as well as the storage of supplies from the point of origin to the point of consumption with the aim to alleviate the suffering of vulnerable people in disaster affected areas.
Technavio’s analysts forecast the global disaster relief logistics market to grow at a CAGR of 3.44% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global disaster relief logistics market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of disaster relief logistics.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Disaster Relief Logistics Market 2018-2022
Technavio recognizes the following companies as the key players in the global disaster relief logistics market: Blue Water Shipping, Damco, Deutsche Post DHL Group, Kuehne + Nagel , and UPS
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing popularity of drones for disaster relief logistics. Unmanned aerial vehicles (UAV) are aircraft that do not have a pilot aboard. These UAVs are also commonly referred to as drones. These UAVs are controlled remotely by a drone pilot. Drone applications are growing beyond military to other sectors such as logistics, especially in disaster affected areas.”
According to the report, one of the major drivers for this market is Increased need for handling logistics operations by professional logistics companies. Companies that offer disaster relief logistics services have the required number of resources and expertise. By helping the society at times of disaster and through responsible actions, companies also get a chance to improve their brand image and their impact on the society.
Further, the report states that one of the major factors hindering the growth of this market is Limited availability of a proper logistics equipment at times of emergency. The disaster relief logistics market is filled with many uncertainties, which is expected to impede its growth during the forecast period. There are high uncertainties regarding the timing and location of disasters. It is difficult to predict the whereabouts about the disaster and its timing. In case of a hurricane, there is little scope of at least having a prior information, which gives at least a chance to prepare in a little better way; however, earthquakes are highly unpredictable and happen suddenly
Blue Water Shipping, Damco, Deutsche Post DHL Group, Kuehne + Nagel , and UPS