Australia Logistics Market Gears Up for Growth: $111.4 Billion Boom by 2027 Fueled by E-commerce & Infrastructure: Ken Research
The logistics market is poised for a remarkable journey, driven by e-commerce growth, infrastructure investments, and a tech-savvy population.
- The logistics market is poised for a remarkable journey, driven by e-commerce growth, infrastructure investments, and a tech-savvy population.
- Ken Research's " Australia Logistics Market Outlook to 2027" report predicts a promising 4.6% CAGR, translating to a substantial $111.4 billion market size by 2027.
- Infrastructure Investments: Government initiatives like the National Infrastructure Strategy and the Urban Freight Strategy are boosting infrastructure development, enhancing connectivity.
- Growing Export Market: Australia's strong export performance, particularly in resources like iron ore and coal, requires robust logistics infrastructure.