Czech Republic Freight and Logistics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 3.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Czech Republic Freight and Logistics Market Analysis
The Czech Republic Freight and Logistics Market is expected to register a CAGR of 3% during the forecasted period.
- The Czech Republic's economy is growing mostly because people are spending more and the transportation system is getting better. 糖心vlog传媒 38% of the costs of logistics in the country come from the activities involved in moving goods, mostly transportation. Also, the country's location makes it easier to trade with countries in Europe. The lower cost of labor and the current growth of the domestic market, which offer many opportunities, help to attract foreign investors.
- As per a survey, more than 50% of companies expressed that the industry shows lower costs in the supply chain. The positive relationship between trade unions, the government, and companies is a key long-term factor that will help the economy of the Czech Republic grow.
- The country is one of the top 15 car producers by volume, producing 107.5 vehicles per 1,000 people. Prague is the key logistics center in the country, but other cities such as Plzen, Brno, and Ostrava are also growing in importance. The position of the Czech Republic is reasonable in comparison with other European countries.
- The Czech Republic is seen as a country that has a competitive advantage when it comes to skilled human resources in the logistics industry. Between 2022 and 2023, the number of people with jobs in the Czech Republic was expected to rise by a total of 0.01 million, or 0.19 percent. The number is estimated to amount to 5.24 million people in 2023.
- As defined by the International Monetary Fund, the number of employed people refers to persons who, during a predefined period, either: year over year: a) performed wage or salary work; b) held a formal attachment to their job (even if not currently working), c) performed for-profit work for personal or family gain; or d) were with an enterprise although temporarily not at work for any reason.
Czech Republic Freight and Logistics Market Trends
Ecommerce Growth in the Region
As the region's e-commerce industry grows, more people need logistics services, which is good for the logistics business. Even though the COVID epidemic will force retail stores to close in 2020, the Czech Republic has made great progress in the growth of eCommerce.The income from e-commerce grew by 26% from the previous year to a new high of about USD 9 billion (CZK 196 billion).The European Union changes the way VAT is handled for B2C e-commerce merchants and marketplaces. This includes making a one-stop shop for EU VAT returns and ending the exemption for low-value imports.The goal is to make it easier to stay in compliance so that there is more cross-border online trade and more trade in the EU's digital single market.
Online businesses have always grown the fastest, and sales at stores that sell domestic goods have also grown at a rate of more than 10% per year. Aside from food stores, other shops, like those that sell things for the home, have reported higher sales. Sales of logistics and other e-commerce services are also likely to rise.
Increase in Road Freight Transport
In 2023, the European domestic road freight market is expected to increase by 0.7% in real terms, while the European international road freight market is expected to grow by 2.1%. Ti forecasts that the region's total road freight market would grow by 2.4% over the next five years, reaching EUR 420,150 million (USD 46.11 million) by 2026. According to reliable trade projections, the international road freight industry will grow faster than the domestic market over the next five years, despite being the smaller of the two.
Road transport costs in Europe are expected to surge in 2022, paralleling the astonishing growth in diesel fuel prices. According to the most current UPPLY / IRU / TI White Paper, average transport prices in Q3 2022 were 19.6% higher than in Q3 2021. This is in response to both reduced capacity and increased demand, as well as increases in the cost base, notably fuel costs. Although high taxes can occasionally moderate fuel prices, the current spike in diesel prices is quite likely to have resulted in fuel expenses approaching 50% of truck operating costs. Price increases have been exacerbated by increased demand for road freight services.
Czechia informed the Commission of its plans to assist operators of (i) rail passenger and freight transport and (ii) urban public transportation (such as tramway, trolleybus, and cableway systems) that use electric propulsion. The project will operate through the end of 2026, with a total expenditure of 鈧�180 million (USD 19.75 Million) (CZK 4.500 million). The measure's goal is to encourage (i) electric traction as a cleaner means of transportation than diesel-powered cars, and (ii) the movement of freight and passenger transport from roads to rail and urban transportation.
Czech Republic Freight and Logistics Industry Overview
The Czech Republic's freight and logistics market is competitive and fragmented, with the presence of many local as well as international players. The foreign companies in the region are mainly responsible for providing high-end, value-added logistics services in the country, while local companies typically specialize in the commoditized transport of goods. International transport in the Czech Republic is significantly taken over by carriers from other European Union countries, and domestic transport companies, thus, lose orders.
Czech Republic Freight and Logistics Market Leaders
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UPS
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DB Schenker Logistics
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GEFCO
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TNT
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DHL
*Disclaimer: Major Players sorted in no particular order
Czech Republic Freight and Logistics Market News
- August 2023: PKZ Logistics Group, now under the name Hellmann Worldwide Logistics, has been operating in two countries - Slovakia and the Czech Republic, serving as a vital player in the logistics and supply chain management sectors. The company's geographical coverage is extensive, with its head office located in Bratislava. They own and operate ten sites, with seven of them situated in Slovakia and three in the Czech Republic. On top, they have a network of seven partner-operated sites.
- June 2023: Rohlig SUUS Logistics has announced the acquisition of Joppa Logistics, a Czech company specializing in warehousing services and road groupage transport. With this acquisition, SUUS will almost double its market share in the Czech Republic and solidify its position in Central and Eastern Europe.
Czech Republic Freight and Logistics Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS & INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Opportunities
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Bargaining Power of Suppliers
4.6.2 Bargaining Power of Consumers/Buyers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
4.7 Insights on Technological Trends in the Market
4.8 Insights on Ecommerce Industry
4.9 Government Regulations and Initiatives
4.10 Brief on Freight Rates
4.11 Impact of COVID-19 on the market
5. MARKET SEGMENTATION
5.1 By Function
5.1.1 Freight Transport
5.1.1.1 Road
5.1.1.2 Inland Water
5.1.1.3 Air
5.1.1.4 Rail
5.1.2 Freight Forwarding
5.1.3 Warehousing
5.1.4 Value Added Services and Other Functions
5.2 By End-User
5.2.1 Manufacturing and Automotive
5.2.2 Oil and Gas, Mining and Quarrying
5.2.3 Agriculture,Fishing and Forestry
5.2.4 Construction
5.2.5 Distributive Trade (Wholesale and Retail Segments- FMCG Included)
5.2.6 Healthcare and Pharmaceuticals
5.2.7 Other End-Users
6. COMPETITIVE LANDSCAPE
6.1 Overview (Market Concentration, Major Players)
6.2 Company Profiles
6.2.1 DPDHL
6.2.2 UPS
6.2.3 Duven Beck Logistic Sro
6.2.4 Gefco Czech Republic
6.2.5 Dsv
6.2.6 DB Schenker Logistics
6.2.7 TNT
6.2.8 Dachser
6.2.9 Raben Logistics Czech SRO
6.2.10 NIKA Logistics AS
6.2.11 MOSS Logistics SRO
6.2.12 GW LOGISTICS AS
6.2.13 HodalMayr Logistics Czech Republic
6.2.14 Jipocar Logistics
6.2.15 CEE Logistics
6.2.16 Havi Logistics S.R.O
6.2.17 Rhenus Logistics
6.2.18 Raben Logistics Czech s.r.o.
6.2.19 Yusen Logistics (Czech) Ltd.
6.2.20 BC LOGISTICS SRO*
- *List Not Exhaustive
7. Market Opportunities and Future Trends
8. Appendix
8.1 GDP Distribution, by Activity
8.2 Insights on Capital Flows
8.3 Economic Statistics -Transport and Storage Sector, Contribution to Economy
8.4 External Trade Statistics- Export and Import, by Product
8.5 Insights on Key Export Destinations
8.6 Insights on Key Import Origin Countries
Czech Republic Freight and Logistics Industry Segmentation
Freight logistics is the overseeing and management of a cost-effective operation and the delivery of goods. It combines logistics experience, human resources, and knowledge to ensure the smooth journey of goods between carriers and shippers.
A comprehensive background analysis of the Czech Republic freight and logistics market, covering the current market trends, restraints, technological updates, and detailed information on various segments and the industry's competitive landscape. The impact of COVID-19 has also been incorporated and considered during the study.
The Czech Republic Freight and Logistics Market is segmented by Function (Freight Transport, Freight Forwarding, Warehousing, and Value-added Services and Other Services) and End User (Manufacturing and Automotive, Oil and Gas, Mining, and Quarrying, Agriculture, Fishing, and Forestry, Construction, Distributive Trade, Healthcare, and Pharmaceutical, and Other End Users). The report offers market size and forecasts for the Czech Republic Freight and Logistics Market in value (USD) for all the above segments.
| By Function | ||||||
| ||||||
| Freight Forwarding | ||||||
| Warehousing | ||||||
| Value Added Services and Other Functions |
| By End-User | |
| Manufacturing and Automotive | |
| Oil and Gas, Mining and Quarrying | |
| Agriculture,Fishing and Forestry | |
| Construction | |
| Distributive Trade (Wholesale and Retail Segments- FMCG Included) | |
| Healthcare and Pharmaceuticals | |
| Other End-Users |
Czech Republic Freight and Logistics Market Research FAQs
What is the current Czech Republic Freight and Logistics Market size?
The Czech Republic Freight and Logistics Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in Czech Republic Freight and Logistics Market?
UPS, DB Schenker Logistics, GEFCO, TNT and DHL are the major companies operating in the Czech Republic Freight and Logistics Market.
What years does this Czech Republic Freight and Logistics Market cover?
The report covers the Czech Republic Freight and Logistics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Czech Republic Freight and Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Czech Republic Freight and Logistics Industry Report
Statistics for the 2024 Czech Republic Freight and Logistics market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Czech Republic Freight and Logistics analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
