Global Furniture Logistics Market 2016-2020
About Furniture Logistics
The furniture industry uses logistics for the management of the way resources are acquired, stored, and moved to different end-users. The use of logistics provides the furniture industry with a continuous supply of various furniture from suppliers and distributors in different locations. At times, a company might choose to outsource its logistics operations if it is deemed cost effective.
Technavio’s analysts forecast the global furniture logistics market to grow at a CAGR of 4.57% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global furniture logistics market for 2016-2020. To calculate the market size, the report considers the revenue generated from different modes of transportation and geography.
The market is divided into the following segments based on mode of transportation:
Technavio Announces the Publication of its Research Report – Global Furniture Logistics Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Furniture Logistics Market: Deutsche Post DHL, DB Schenker, Kuehne + Nagel, C.H. Robinson and UPS
Other Prominent Vendors in the market are: Agility, Allcargo Logistics, CEVA Logistics, Damco, Expeditors International, Gati, Hub Group, Imperial Logistics, J.B. Hunt, Kerry Logistics, Logwin, Nippon Express, Panalpina, Ryder, Schneider Logistics, Sinotrans, and Wincanton.
Commenting on the report, an analyst from Technavio’s team said: “Investment in technologies helps furniture logistics service providers enhance their delivery services and monitor the movement of furniture more accurately and with shorter lead times.”
According to the report, several factors are driving the global furniture logistics market. One such factor is growth in e-commerce market. The growth of the e-commence market depends on support from the logistics and transportation industry as it plays an important role in providing warehousing infrastructure, and making goods and services available to customers from the manufacturing facilities.
Further, the report states that one of the major challenges hindering the growth of the global furniture logistics market is fluctuation in transportation costs in different regions.
Deutsche Post DHL, DB Schenker, Kuehne + Nagel, C.H. Robinson, UPS, Agility, Allcargo Logistics, CEVA Logistics, Damco, Expeditors International, Gati, Hub Group, Imperial Logistics, J.B. Hunt, Kerry Logistics, Logwin, Nippon Express, Panalpina, Ryder, Schneider Logistics, Sinotrans,Wincanton.