Insights

DISCOVER

COMPANY

Survey

SURVEY

Create New Account

Book discovery call

Kenya Freight Forwarding Market Outlook to 2023

By Sea, Land, Air, Rail and Pipeline Freight; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding

Region:Africa

Author(s):Ishita Dutt

Product Code:KR847

Download Sample Report

Published On

August 2019

Total pages

Download Sample Report

About the Report

The report titled "Kenya Freight Forwarding Market Outlook to 2023 – By Sea, Land, Air, Rail and Pipeline Freight; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding" provides a comprehensive analysis of the Freight forwarding market in Kenya. The report covers the overall size and future outlook of Kenya Freight Forwarding in terms of value, segmentation on the basis of service mix, by geography, by ownership and by type of industries. The report also covers the competitive landscape and company profiles of major Freight Forwarding companies. The report concludes with market projections for the future and analyst recommendations highlighting the major opportunities and challenges.

Kenya Logistics Market Overview and Size

Logistics is vital for the economic performance of any economy. Kenya, like other African countries, has structural issues such as logistics infrastructure but the ease of doing business and favorable political climate has steered it ahead in the race. In 2018, Kenya has achieved rank 61 in the East of Doing Business Index and rank 68 in the Logistics Performance Index. Kenya Logistics Markethas witnessed positive growth over the past few years. The growth was mainly due to government initiatives such as the Standard Gauge Railway (SGR), Kenya’s strategic location as the gateway to East Africa and the prospering retail and import business.

Kenya Freight Forwarding Market Segmentation

By Mode of Freight: Road Transport dominates the freight forwarding market due to the monopolistic demand of road transport for delivery in remote regions, to the landlocked neighboring countries, and for the last mile delivery. After Road freight, Freight through Sea Transport is popular in Kenya. It is mainly used for international freight since the Mombasa Port is one of the largest commercial ports in entire Africa. Freight through Rail Transport is minimal at present and is expected to grow with introduction of SGR.

By Type of Freight : The market share of Domestic Freight as against International Freight increased in the last few years. The increase in share of Domestic Freight is due to government emphasis on manufacturing, such as the Big Four plan under Vision 2030. Moreover, with the formation of the African Union and implementation of African Continental Free Trade Agreement (AfCFTA) and the African Growth and Opportunity Act (AGOA), international trade of Kenya is at an all time rise.

By Flow Corridors : Over the past decade, Asia has replaced Europe as the major trading partner of Kenya. However, Europe is the biggest export destination of Kenya’s cut flower market. Majority of Kenya’s other exports are destined to neighboring countries and a majority of their imports arrive through the Mombasa Port. Kenya is also a member country of Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC).

By End Users: The major end users of freight forwarding services in Kenya include the Food and Beverage, FMCG and Industrial sectors. The F&B sector also creates a demand for cold transportation for perishable items. The Kenya government in its Big Four Development Plan for lays emphasis on food security and manufacturing. This is expected to boost demand for logistics in FMCG and Industrial sector further more. Kenya’s manufacturing industry was evaluated to contribute 7.9% in the country’s GDP as of 2017.

By Contract and Integrated: Third Party Logistics in Kenya has been thriving in the Kenya Freight Forwarding Market. Kenyan freight forwarding market constitutes numerous small and medium enterprises. Due to infrastructural challenges, big market players prefer to outsource services to local transporters and focus on their core competencies. Companies do not wish to employ their own logistics arm since it involves capital investment and a lot of hassle.

Competitive Scenario

The Kenya Freight Forwarding market is highly scattered with over 400 domestic and international players. While the international players are few, they control about 70% of the market. While multi service firms are mostly international, almost all transporters/truckers are local and regional. The industry is at a growth stage in terms of parameters such as technology, efficiency, service portfolio and pricing. There is also a shakeout happening of smaller firms that are unable to sustain in the competitive environment and a number of mergers and acquisitions are taking place in an effort to increase market shares.

Future Outlook and Projections

The market is expected to grow at a positive double digit CAGR and the key growth drivers would include rising demand for products through online purchases which has augmented the E-commerce market. The increasing international trade volumes and domestic manufacturing are expected to increase the demand of freight forwarding services. The increasing year on year investment by the government of Kenya on infrastructural and development projects such as the LAPSSET corridor, SGR, and improving the state of road, sea and air transport network is also witnessed to positively impact the market. Due to such reasons new firms continue to enter the market despite any tariff or trade barriers.

Products

Key Target Audience

Freight Forwarding Companies
E Commerce Logistics Companies
3PL Companies
Consultancy Companies
Express Delivery Logistics Companies

Time Period Captured in the Report:-

Historical Period – 2013-2018
Forecast Period – 2019-2023

Companies

Key Segments Covered

Kenya Freight Forwarding Market

By Mode of Freight

Road Freight (Revenue, Transport Costs)
Rail Freight (Revenue, Volume, Stock of Transport Equipments, Railway Lines, Tariff and Volume Discounts
Air Freight (Revenue, Volume, Flow Corridors, Clearing & Forwarding Charges, Export/Import Rates)
Sea Freight (Revenue, Number of Ships & Containers, Volume, Principal Commodities, Clearing & Forwarding Charges)
Pipeline (Revenue, Throughput Volume)

By Type of Freight

International Freight Revenue
Domestic Freight Revenue

By Flow Corridors (Revenue, Volume of Trade, Principal Commodities)

Asian Countries
European Countries
Middle East
North America
African Countries

By Contract and Integrated

Contract Logistics Revenue
Integrated Logistics Revenue

By End User Revenue

Food and Beverages
FMCG
Industrial
Others (Construction, Chemical, Automotive and others)

Companies Covered

DHL
DB Schenker
CEVA Logistics
Kuehne Nagel
Panalpina
Maersk Line
Agility Logistics
FedEx TNT

1. Executive Summary

1.1. Kenya Freight Forwarding Market Overview and Size

1.2. Kenya Freight Forwarding Segmentation by Mode of Freight

1.3. Kenya Freight Forwarding Segmentation by Type of Freight

1.4. Kenya Freight Forwarding Segmentation by Flow Corridors

1.5. Kenya Freight Forwarding Segmentation by End Users

1.6. Kenya Freight Forwarding Segmentation by Contract and Integrated Logistics

1.7. Competitive Scenario in Kenya Freight Forwarding Market

1.8. Kenya Freight Forwarding Market Future Outlook and Projections

2. Research Methodology

2.1. Market Definitions

2.2. Abbreviations

2.3. Market Size and Modeling

Research Methodology

Limitations

Variables (Dependent and Independent)

Multi Factor Based Sensitivity Model

Final Conclusion

3. Logistics Infrastructure in Kenya

3.1. Infrastructure Overview

3.2. Airports

3.3. Seaports

3.4. Road Network

3.5. Rail Network

4. Kenya Freight Forwarding Market, 2013-2018

4.1. Market Overview (Introduction, Growth Drivers, Regulations, Issues and Challenges)

4.2. Kenya Freight Forwarding Market Size by Revenues, 2013-2018

5. Kenya Freight Forwarding Market Segmentation, 2013 and 2018

5.1. Freight Revenue by Road Freight, Sea Freight, Air Freight, Rail Freight and Pipeline, 2013
and 2018

Road Freight (Northern Corridor Transport Costs), 2011-2015

Air Freight (Volume in Metric Tonnes, Flow Corridors, Clearing & Forwarding Charges Based on
CIF and Weight, Export/Import Rates per kg), 2013-2018

Sea Freight (Number of Ships & Containers, Volume in Tonnes, Principal Commoditites in Tonnes,
Clearing & Forwarding Charges Based on CIF and Weight), 2013-2018

Rail Freight (Volume in Tonnes, Tonne-KM, Revenue, Revenue per Tonne-KM, Stock of Transport
Equipments, Railway Lines, Tariff for Transit, Export and Import and Volume Discounts), 2013-
2018

Pipeline (Throughput Volume in Cubic Meters), 2013-2017

5.2. Freight Revenue by International and Domestic Freight Forwarding, 2013 and 2018

5.3. Freight Revenue By International Flow Corridors (Asia, Africa, Europe, Middle East, North
America and Others), 2013 and 2018

Import in Kenya (Value in USD Thousand, Principal Commodities and Volume in Tonnes), 2013-2017

Export from Kenya (Value in USD Thousand, Principal Commodities, Volume in Tonnes, Value and
Volume of Horticulture Exports in Terms of Tonnes and KSh Billion), 2013-2017

5.4. Freight Revenue by End Users (Food and Beverage, FMCG, Industrial and Others), 2013 and
2018

5.5. Freight Revenue By Contract and Integrated Logistics, 2013 and 2018

6. Industry Norms and Regulations in Kenya Freight Forwarding Market, 2018

6.1. Key Industry Norms for Kenya Freight Forwarding Market (Licensing, Safety, Cargo Security,
Retro Reflective Markings, Fee Schedule, General Provisions, Export/Import Procedures), 2018

7. Competitive Scenario in Kenya Freight Forwarding Market

7.1. Market Structure, Evolution, Growth Stage, Strategies and Major Players and Heat Map, 2018

8. Company Profiles of Major Players in Kenya Freight Forwarding Market (Overview, Key

Executives, USP, Business Strategy, Innovation, Recent Trends and Developments, Fleet Size,

Service Offering, Industries Catered, Offices and Employees in Kenya)

8.1. DHL

8.2. Kuehne Nagel

8.3. Panalpina

8.4. CEVA Logistics

8.5. DB Schenker

8.6. Maersk Line

8.7. Agility Logistics

8.8. FedEx

9. Kenya Freight Forwarding Market Future Outlook and Projections, 2018-2023E

10. Kenya Logistics Market Future Segmentation, 2018-2023E

10.1. Freight Revenue by Road Freight, Sea Freight, Air Freight, Rail Freight and Pipeline,
2023E

10.2. Freight Revenue by Domestic and International Freight Forwarding, 2023E

10.3. Freight Revenue by International Flow Corridors (Asia, Africa, Europe, Middle east, north
America and Others), 2023E

10.4. Freight Revenue by End Users (Food and Beverages, FMCG, Industrial and Others), 2023E

10.5. Freight Revenue by Contract and Integrated Logistics, 2023E

11. Analyst Recommendations for Kenya Freight Forwarding Market

Why Buy From Us?

Refine Robust Result (RRR) Framework

What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story

Our Reach Is Unmatched

We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.

Shifting the Research Paradigm

While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.

More Insights-Better Decisions

With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.

Transparency and Trust

Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.

Round the Clock Support

If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.

Why Client Choose Us?

400000+ Reports in repository

150+ Consulting project a year

100+ Analysts

8000+ Client Queries in 2022