Pack it up: General economic recovery has bolstered demand for industry services

The Freight Packing and Logistics Services industry in Canada, which provides logistics services such as packing, crating, logistics consulting and trade documentation, had consistent growth over the five years to 2019. Prior to the 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 bolstered demand for industry services. Though improving consumer conditions have stimulated demand for industry services in recent years, relatively slow economic growth in several emerging markets has somewhat limited the industry's expansion. Moreover, the recent plunge in oil prices is expected to further stall freight volumes...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 14-19
2.3%
Forecast Growth 19-24
Profit
Employment
6,147
Businesses
3,005
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Relatively slow economic growth in several emerging markets has somewhat limited the industry’s expansion
  • Industry operators have had difficulty remaining competitive
  • Tepid economic growth in Europe is expected to remain an issue
  • Industry Report - Industry Analysis Chapter

    The Freight Packing and Logistics Services industry in Canada, which provides packing, crating, logistics consulting and trade documentation services, has experienced stable growth over the five year to 2019. In particular, industrial production remained steady, with more manufacturers requiring industry services. Furthermore, consumer spending and international trade activity have experienced steady growth in recent years amid overall economic expansion, generating significant revenue for industry operators. Over the five years to 2019, industry revenue is estimated to increase at an annualized rate of 2.3% to $1.6 billion...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
  • Logistics and support services
  • Other 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
  • Logistics and support services
  • Other 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
    ProfitWagesPurchasesDepreciationMarketingRentUtilitiesOther Costs
  • 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 (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • Total trade value (2010-2024)

  • 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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    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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