The market segmentation of Australia’s Freight and Logistics Market by Function are Freight Transport, Freight Forwarding, Warehousing, and Value-added Services. Australia’s parcel market is expected to register a CAGR of 5.46 percent over the forecast period, 2020 – 2021.
Australia CEP market is dominated by top 3 carriers which deliver more than 45 percent of the parcel and shipments. Market is driven by increasing investments in the logistics infrastructure. Online shopping growth in recent years may affect small goods transportation in the near future. Industry data shows that between 2006 and 2014, the number of light commercial vehicles grew by 35%, almost twice the rate of passenger vehicles (19.1%) and rigid trucks (20.78%). This indicated
the importance of urban supply chains in a growing services economy.
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