■ 英語タイトル：Latin America Contract Logistics Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR21JU285 ■ 発行日：2021年5月 ■ 調査対象地域：中南米 ■ 産業分野：物流 ■ ページ数：200 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The Latin America contract logistics market is expected to exhibit a growth rate of more than 3.5% during the forecast period. During the COVID-19 pandemic, due to lockdowns, there has been an increase in demand for online shopping in several areas in Latin America, which requires manufacturing, food and beverage, and logistics sectors to streamline their supply chains, providing the consumers with an increase in speed and accuracy of order processing and delivery.
The rapid growth of international trade of perishable goods, technological progress in transportation and storage facilities and infrastructure development support by the government are the major driving factors for the growth of the Latin American contract logistics market. The increased implementation of tech-driven logistics services and IoT-enabled connected devices are accelerating the growth of the market. However, lack of infrastructure and high cost of logistics services hinder the market growth.

Key Market Trends

Growth in the automotive sector spearheading the market

Countries like Brazil, Colombia and Argentina have been facing political and economic crises leading to a downturn in the growth of the automotive sector. However, Mexico, despite of sluggish economic growth, has been laying a solid ground for the growth in the automotive sector. The country’s competitive manufacturing costs, compact supply chain and transport links to the United States have made it a huge recipient of automotive investment, especially as an export hub to the United States and Canada.

The region has Mexico and Brazil with the most developed automotive sectors – Mexico produced about 4 million motor vehicles in 2019, while the production in Brazil added up to almost 3 million units that year. In fact, these two Latin American countries ranked amongst the largest motor vehicle producers worldwide with Ford, Volkswagen, and Toyota among the leading players in Latin America.

Such growth in the sector is strongly demanding the involvement of the contract logistics players to support the transportation and storage of the vehicles and parts to the domestics as well as international markets.

Focus on Last-mile Cost Reduction

The growing e-commerce market in the Latin American region is leading the logistics players in the region to focus on warehousing, inventory management and modes to provide faster deliveries incurring least cost. The sector demands the logistics players to position their warehousing closer to city centers in order to facilitate same day delivery services.

Implementation of big data management in the sector lowers costs, speeds fulfilment and improves accuracy. E-commerce in Latin America also creates opportunities for legacy logistics providers.

In Latin America logistics companies face huge traffic issues and spend a great deal of time finding and identifying un-named streets. Companies like Rappi, Chazki and CargoX are developing in the market with their network of drivers and vehicles to deliver items leading towards a market to drop their pricing.

Competitive Landscape

The Latin America contact logistics market is fairly fragmented with various domestic and international players including AP Moller, DB Schenker and DHL Supply Chain active in the market. Even though these major players have a strong footprint across the region and account for significant market share, the market is still fragmented to some extent, with many players providing contract logistics services at different levels. The companies in the sector are following the trend of acquisitions, in order to grow and be competitive in the market.

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