Pack it up: Rising external competition limits benefits of resurgent demand

The Freight Packing and Logistics Services industry in Canada has experienced relatively strong growth over the past five years. Prior to the current five-year period, limited consumer spending led to a drop in industrial, retail and trade activity, which caused the volume of freight being transported in Canada to plunge. However, in recent years, general economic recovery has spurred increases in manufacturing output and retail sales, bolstering demand for industry services. Moving forward, rising consumer spending is expected to spur greater industrial, trade and retail activity. As a result, freight volumes will climb, bolstering demand for industry services...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 13-18
2.9%
Forecast Growth 18-23
Profit
Employment
6,107
Businesses
2,788
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The industry’s recovery has been slow due to a lagging manufacturing sector and slowing global trade
  • As a result of profit pressure, companies have merged to provide larger product offerings
  • Increased industrial production and retail sales will boost industry demand as the economy recovers
  • Industry Report - Industry SWOT Analysis Chapter

    The Freight Packing and Logistics Services industry is in the mature phase of its life cycle, which is illustrated by a moderate level of technological innovation and a subdued rate of industry expansion. Additionally, industry value added, which measures the industry's contribution to the overall economy, is projected to grow at an annualized rate of 2.7% over the 10 years to 2023. Comparatively, Canadian GDP is expected to increase at an annualized rate of 1.9% during the same period. The similarity between these growth rates indicates that the industry's contribution to the economy is steady.As the industry has become increasingly competitive in recent years, many operators have begun adopting new technologies and methods to improve efficiency. In ...purchase to read more.

    Additional Insights for the Freight Packing & Logistics Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Freight Packing & Logistics Services Industry are

  • Marketing of differentiated products
  • Ability to quickly adopt new technology
  • Ability to provide goods and services in diverse locations
  • IBISWorld analysts also discuss how external factors such as Total retail sales and Total trade value in the Freight Packing & Logistics Services industry impact industry performance..

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    What's in this report

    What is the Freight Packing & Logistics Services Industry?

    This industry mainly provides specialized services to transportation companies, such as packing, crating and otherwise preparing goods for transportation. This industry does not include packaging and labelling services.

    Industry Products
  • Packing and crating services
  • Other logistics and support services
  • Industry Activities
  • Packing freight
  • Crating
  • Freight consolidation
  • Logistics consulting
  • Preparing transportation documents
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Total retail sales
  • Total trade value
  • Consumer spending
  • Industrial capacity utilization
  • Demand from manufacturing

  • Current Performance
  • Rising demand
  • Growing external competition
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Growth and headwinds
  • Competition, profit and other trends
  • Table: Freight Packing & Logistics Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Freight Packing & Logistics Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Mining In Canada
  • Manufacturing In Canada
  • Retail Trade In Canada
  • Transportation and Warehousing In Canada

  • Key Selling Industries
  • Printing in Canada
  • Transportation and Warehousing In Canada

  • Products & Services
  • Packing and crating services
  • Other logistics and support services
  • Chart: Freight Packing & Logistics Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturing and extraction industries
  • Retail and wholesale industries
  • Transportation and warehousing industries
  • Chart: Major Market Segmentation for the Freight Packing & Logistics Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Freight Packing & Logistics Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Freight Packing & Logistics Services Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Freight Packing & Logistics Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Freight Packing & Logistics Services Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Total trade value (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Crating
  • The process of putting and packaging goods into a crate.
  • Pallet
  • A small portable platform on which goods are placed for storage and transport.
  • Pooling Services
  • The process of combining and sharing assets in a common effort.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Freight Packing & Logistics Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Freight Packing & Logistics Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Freight Packing & Logistics Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Freight Packing & Logistics Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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