Dangerous-Hazardous Goods Logistics Market Research Report—Global Forecast till 2030

Dangerous-Hazardous Goods Logistics Market Research Report Information By Destination (Domestic, International) Service Type (Transportation, Warehousing and Distribution, Value-added service) Container types(Insulated containers, Bolster Shipping containers, Refrigerated containers, Others) Forecast 2030

ID: MRFR/PNT/8621-CR | August 2022 | Region: Global | 185 Pages         

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Dangerous/ Hazardous Goods Logistics Market

Dangerous/ Hazardous Goods Logistics Market size was valued at USD 2,00545.30 million in 2030, is projected to grow at 4.20% CAGR during the forecast period (2022 to 2030).

Segmentation
By Service Transportation Warehousing and Distribution Value-added Services
By Destination Domestic International
Key Players
Companies Profiled   Ceva Logistics (Switzerland)   Bollore Logistics (France)   DHL (Germany)   DSV (Denmark)   DB Schenker (Germany)   Hellmann Worldwide Logistics (Germany)   DGD Transport (US)   Toll Group (Australia)   YRC Worldwide Inc. (US)   United Parcel Service (US)   GEODIS (France)   Rhenus Logistics (Germany)   Agility Logistics (Kuwait)   Kuehne + Nagel (Switzerland)   XPO Logistics (US)
Drivers
Market Driving Forces   Growing Oil   Gas Industry   Constant Development in Petrochemical Industry
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Dangerous - Hazardous Goods Logistics Market Overview


Dangerous Hazardous Goods Logistics Market is expected to grow USD 2.00,845.30 million at a CAGR 4.20% during the forecast period. Dangerous goods logistics can be defined as shipment of dangerous goods such as explosives, gases, flammable liquids, flammable solids, oxidizing agents & organic peroxides, toxins and infectious substances, radioactive material, corrosives and miscellaneous dangerous goods. These goods require special authorization to store, use, and transport. Various countries regulate the transport of dangerous goods by law due to specific labelling and packaging requirements.


 The global dangerous-hazardous goods logistics market growth is primarily driven by increasing demand for flammable liquids across verticals. Expanding industrialization in the developing countries is expected to propel the demand for petrochemicals and thus, drive the market growth.


COVID-19 Impact on the Global Dangerous -Hazardous Goods Logistics Market


Logistic firms have been directly impacted by the COVID-19 pandemic. Logistic firms witnessed a significant brunt of the pandemic in both domestic and international markets. The supply chain was adversely affected which thereby affected competitiveness and economic growth. The hit on the logistic sector was first witnessed in China, where the pandemic started. However, manufacturing started gaining pace by end of February 2020. For instance, around 70% of the major industries had restarted their operations in the country.


Similar to logistic industry, the global dangerous-hazardous goods logistics market witnessed a substantial dip amid the pandemic. The dangerous goods logistic companies had limited orders during the 2020 owing to slow down of the end-use industries. Decline in oil & gas production and demand for the oil products negatively impacted the dangerous-hazardous goods logistics market growth. Additionally, declining chemical output due to supply chain disruptions and slow growth of various end-use industries, such as electronics, automotive, petrochemical, etc. further affected the industry growth.


Market Dynamics


Drivers



  • Significant demand for flammable liquids across geographies

  • Strong growth of the Pharmaceutical and Medical industry


Biologics and pharmaceuticals can contain hazardous materials, requiring compliant testing and packaging for both drug substances and commercial drug products. Gene therapy manufacturing materials and drug products can contain hazardous biological substances. Shipment of these products generally requires the material to be maintained at frozen temperatures. Dry ice, which is considered as a hazardous material, is most commonly used for temperature control in shipment. Combination products which include a drug and delivery device may also contain dangerous materials.


Restraints



  • Stringent regulations pertaining to shipping dangerous goods


Dangerous goods transportation is a highly regulated sector which is mainly governed by national and international regulations as per the respective mode of transport. The purpose of these regulations is to prevent accidents to property and people as well as to the surrounding environment. Regulations generally include issues such as packaging requirement criteria, the maximum amount of product which can be transported, and the kind of goods which can or cannot be transported in the same transport unit. For instance, in Europe, international dangerous goods by road are mainly subjected to International ADR Agreement, European Agreement concerning the International Carriage of Dangerous Goods by Road.


Opportunities



  • Growing electric vehicle industry


Lithium batteries are commonly used in mobile phones, watches, laptops, cameras, toys, etc. comes under dangerous goods, as per IATA DG Regulations, since charged battery shipments can overheat and ignite under certain conditions. Also, lithium-ion batteries have established themselves as a major part of electric vehicle as they offer the best balance between cost, performance, weight, and size parameters. Today, the electric vehicles, especially the two wheelers, three wheelers, and cars are the biggest demand generator for lithium-ion batteries.


The International Energy Agency (IEA) has projected that the growth in EVs is likely to surge the lithium demand by more than 40 times by 2030 as per the International Lithium Association (ILiA).


Supply Chain Analysis


Dangerous products include flammable liquids: oil & gas, petroleum distillates, chemical products, lithium batteries, dry ice, flammable solids, gases, etc. These products require utmost care and handling throughout its distribution process. Some of the key suppliers of dangerous goods include Linde plc, Yara International, CATL, Panasonic, Saudi Aramco, BASF SE, Shell plc, and LG Chem, etc.


The global dangerous/hazardous goods market is fragmented with the prominence of tier-1, tier-2 and various small domestic players. Some of the well-established dangerous goods logistic companies include Bolloré Logistics, DHL, CEVA Logistics, DSV, and Hellmann, among others. These companies provide various services.


dangerous-hazardous goods logistics market are widely used in different verticals - oil & gas, medical, automotive, petrochemical, etc. Rising electrification of automobiles is likely to spur the demand for lithium batteries. Also, increasing energy requirements from different industries is expected to boost the need for petrol, gasoline, petroleum distillates, etc. Moreover, the growing demand for various chemical products is further expected to boost the demand for chemical raw materials


The key raw materials used in the production of packaging are plastics, metals, glass, paper, and others. These raw materials are used in the form of sheets, boards, bottles in the food industry, and other forms.


Segmentation


Based on destination:


Domestic and international are the destination segments of Global Dangerous-Hazardous Goods Logistics Market. Domestic logistics have a larger market share. They can use a broad variety of modes of transportation for moving dangerous goods, such as road, rail, ocean, or air. Of which, the road transport is commonly preferred. Dangerous goods produced in a country or region is generally first catered in the local market, then the surplus is exported to international countries. Also, domestic shipping is cheaper than international transportation as one saves money in custom duties.


Based on service types:


Transportation, Warehousing and distribution and Value-added service segment are the service type segments of Global Dangerous-Hazardous Goods Logistics Market. Transport logistics has the biggest share by service type. Food. The industry is highly regulated to prevent accidents to people, property, goods, or the environment. The regulations are framed so as not to hamper the movement of hazardous goods other than those goods which are illegal to transported. In a growing or a developed economy, dangerous goods are commonly used in sectors such as medical, nuclear energy, oil & gas, and petrochemical, among others. used. The appropriate equipment of the vehicle fleet and necessary training of employees are mandatory to ensure the safe transport of hazardous goods.


Based on container type:


Insulated containers, Bolster shipping containers, refrigerated containers, and others are the segments of Global Dangerous – Hazardous Goods Logistics Market. These containers prevent heat energy from flowing outside in order to keep the internal temperature constant. It has a double wall and maintains the initial temperature and protects the interior from exterior temperature conditions. Also, it prevents condensation due to rain or moisture. It is mainly used to ship dangerous goods such as oil & gas, flammable fluids, radioactive substances, etc.


Regional Analysis


The Global Dangerous – Hazardous Goods Logistics Market has been segmented, based on region, into: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Asia Pacific is the largest and fastest-growing regional segment and is likely to reach USD 675.51 billion with a robust CAGR of 7.08% during the review period. China is the leading contributor in the region owing to significant production of chemicals, petrochemicals, flammable gases, etc. It is one of the leading exporters of chemical products across the globe. As of first three quarters of 2021, the dangerous goods transportation employed 1.62 million and around 575,000 dangerous goods. The industry has been booming in the past few years which has bolstered the demand for lithium batteries, this propelling its logistic activities. In addition, with rising industrialization there demand for crude oil and chemical products have been surging in the emerging economies. This, in turn, boosts the trading activities of dangerous goods.


Competitive Landscape


The global dangerous-hazardous goods logistics market is characterized by the presence of many global, regional, and local companies. The market is highly fragmented in nature. The tier-1 players have vertically integrated operations, right from warehousing, value-addition, to transportation and customer-supply operations, which gives them a competitive edge. Also, some companies collaborate with transportation, shipping containers, and packaging companies to ensure a smooth distribution of dangerous products. Moreover, these companies have safety certifications of their respective countries which further ensures safe & secure transportation of hazardous goods.


List of Key Companies in Global dangerous-hazardous goods logistics market, covered in the report:



  • Ceva Logistics AG (France)

  • Bollore Logistics (France)

  • DHL (Germany)

  • DSV (Denmark)

  • DB Schenker (Germany)

  • Toll Holdings Ltd. (Australia)

  • Suttons Group (UK)

  • Ellmann (Germany)

  • DGD Transport (US)

  • YRC Worldwide, Inc. (US)

  • Geodis (France)

  • Eastrex Logistics SDN BHD (Malaysia)

  • Rhenus Group (Germany)

  • Agility (Kuwait)

  • SGS SA (Switzerland)


Recent Developments:



  • In April 2022, Hellman chartered a Boeing 747-400 freighter which will fly between Liège, Belgium and Hong Kong on a twice-weekly basis, thus connecting Europe and Hong Kong overnight. Customers can request real-time tracking, oversized and heavy cargo, dgr (dangerous goods) cargo and special deliveries.

  • In June 2021, Hellmann Worldwide Logistics proposed to open its first Direct Load branch in France to customers demand and expand its business footprint.

  • In July 2020, DB Schenker launched a new service for battery logistics to transport them via air, sea, rail and road. This market growth activity is aimed at meeting rising demand for lithium batteries in electronic vehicles.

  • In July 2020, March 2021, Suttons Tankers signed a three-year contract with Azelis UK for the transportation of bulk nitrogen chemical liquids and gases.


Report Overview:


The Global Dangerous-Hazardous Goods Logistics Market is segmented based on destination, service type and container type in this report. The report is focused on various analytical aspects such as market dynamics, Supply chain analysis, Porter’s five forces, competitive landscape, recent developments and company profiles. The insights in this report, comprise, discuss views and predict the emerging and fast-growing segments, regions, and countries with potential of development in the Global Dangerous-Hazardous Goods Logistics Market.


Segmentation Overview:


By destination:



  • Domestic

  • International


By service type:



  • Transportation

  • Warehousing and Distribution

  • Value-added service


By container types:



  • Insulated containers

  • Bolster Shipping containers

  • Refrigerated containers

  • Others


By regions:



  • North America

  • Europe

  • Asia-Pacific

  • Middle East & Africa

  • South America


Objectives of the Study



  • To get a comprehensive overview of the Global Dangerous-Hazardous Goods Logistics Market

  • To get wide-ranging information about the key factors driving the market and market opportunities

  • To gain information regarding the key players in the industry, technology advancements and key developments

  • To gain insights about the key country/region in which the market is growing


Intended Audience



  • Global Dangerous- Hazardous Goods Logistics Companies

  • Manufacturing Companies

  • Research Institutes

  • Academic Institutes

  • Government Organizations



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 2,00,845.30 million
  CAGR   4.20%
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Destination, Service type and container type
  Geographies Covered   North America, Europe, Asia-Pacific, Middle East & Africa, South America
  Key Vendors   Ceva Logistics AG (France), Bollore Logistics (France), DHL (Germany), DSV (Denmark), DB Schenker (Germany), Toll Holdings Ltd. (Australia), Suttons Group (UK), Ellmann (Germany), DGD Transport (US), YRC Worldwide, Inc. (US), Geodis (France), Eastrex Logistics SDN BHD (Malaysia),Rhenus Group (Germany), Agility (Kuwait), SGS SA (Switzerland)
  Key Market Opportunities   Growing electric vehicle industry
  Key Market Drivers   Significant demand for flammable liquids across geographies Strong growth of Pharmaceutical and Medical industry


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Frequently Asked Questions (FAQ) :

The Global Dangerous-Hazardous Goods Logistics Market would register a growth of  4.20% during the forecast period.

Stringent regulations pertaining to shipping dangerous goods the key retraining factor for Global Dangerous-Hazardous Goods Logistics Market.

Asia-Pacific would enjoy the upper hand in the Global Dangerous-Hazardous Goods Logistics Market.