Italy Freight and Logistics Market

Italy Freight and Logistics Market Overview: 

The Italy freight and logistics market is projected to exhibit a growth rate (CAGR) of 4.60% during 2024-2032. The market is primarily driven by significant investment in infrastructure developments, increasing international trade volumes, and strategic geographic positioning of Italy as a European trade hub.

Italy Freight and Logistics Market Trends:

Infrastructure Development in Italy

The expansion of the freight and logistics industry is Italy's dedication to improve its transportation infrastructure. The National Recovery and Resilience Plan (Piano Nazionale di Ripresa e Resilienza, NRRP) of the Italian government is a component of the Next Generation EU (NGEU) initiative. It allows a sizeable sum of € 31.4 Billion for sustainable transportation infrastructure (€ 6.3 Billion from the Fund and € 25.1 Billion from the Recovery and Resilience Facility). Its main goal is to create a cutting-edge, environmentally friendly transportation network that is accessible throughout the entire nation. The modernization and expansion of the current infrastructure, which includes the ports, highways, and bridges, depend heavily on this investment. These advancements boost Italy's appeal to domestic and foreign businesses by reducing transit times, improving efficiency, and cutting logistics expenses. Additionally, it is anticipated that upgraded infrastructure would promote greater communication between Italy's northern and southern regions, boosting economic homogeneity and uplifting less developed areas. Thus, improving infrastructure strategically helps the logistics industry and promotes overall economic expansion by drawing in foreign capital and easing commerce.

Increasing Trade Volume in Italy

Italy's freight and logistics market is significantly influenced by the country's increasing trade volume. According to the Italian National Institute of Statistics (ISTAT), in the first half of 2023, export data showed a variety of patterns among the various Italian regions. For instance, there was a 14.0% increase in the South, a 6.6% increase in the North-West, a 5.3% growth in the Center, and a 1.7% increase in the North-East. During that time frame, several areas made noteworthy contributions to the total increase in exports. For instance, Piemonte's exports increased by 15.6%, Lombardia's by 3.5%, Toscana's by 10.4%, Campania's by an astounding 25.5%, and Marche's by 18.2%. On the other hand, significant declines were seen in Sardegna by a startling 24.3%, Lazio by 9.4%, Sicilia by 17.2%, and Friuli-Venezia Giulia by 9.7%.  Moreover, Italy stands as Europe's premier producer of footwear and is globally recognized as the top exporter of high-end products like apparel.

Italy Freight and Logistics Market News:

• 18 May 2023: DTZ Investors recently celebrated the opening of a state-of-the-art logistic facility in Novara, Italy, marking its largest acquisition in the country. The buildings meet high energy efficiency standards and align with DTZ Investors' commitment to sustainable investment, earning a LEED GOLD certification within the green building framework. Alessio Lopiccolo from DTZ Investors expressed satisfaction with the acquisition, highlighting the facility's location in the desirable Novara Vercelli area and its strong environmental, social, and governance (ESG) qualifications.
• 28 May 2024: DHL has inaugurated the first Electric Vehicle (EV) Center of Excellence in Continental Europe, located in Pozzuolo Martesana, near Milan, Italy. This pioneering facility was developed in partnership with DHL’s Team EV from the customer solutions & innovation division. It provides comprehensive solutions that cover the entire electric vehicle supply chain, ranging from the sourcing of components to the delivery of vehicles and support for logistics after the sale. The facility includes a warehouse that covers an area of 10,000 square meters and is managed by DHL Global Forwarding along with DHL Express.  This advanced logistics center is designed to cater to the burgeoning demand for electric vehicles within the Italian market, focusing particularly on the expanding EV sector.
   

Italy Freight and Logistics Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on logistics function and end use industry.

Logistics Function Insights:

• Courier, Express and Parcel
  • By Destination Type
    • Domestic
    • International
• Freight Forwarding
  • By Mode of Transport
    • Air
    • Sea and Inland Waterways
    • Others
• Freight Transport
  • By Mode of Transport
    • Air
    • Pipelines
    • Rail
    • Road
    • Sea and Inland Waterways
• Warehousing and Storage
  • By Temperature Control
    • Non-Temperature Controlled
    • Temperature Controlled
• Others
   

The report has provided a detailed breakup and analysis of the market based on the logistics function. This includes courier, express and parcel [by destination type (domestic and international)], freight forwarding [by mode of transport (air, sea and inland waterways, and others)], freight transport [by mode of transport (air, pipelines, rail, road, and sea and inland waterways)], warehousing and storage [by temperature control (non-temperature controlled and temperature controlled)], and others.

End Use Industry Insights:

• Agriculture, Fishing and Forestry
• Construction
• Manufacturing
• Oil and Gas
• Mining and Quarrying
• Wholesale and Retail Trade
• Others
   

A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes agriculture, fishing and forestry, construction, manufacturing, oil and gas, mining and quarrying, wholesale and retail trade, and others.

Regional Insights:

• Northwest
• Northeast
• Central
• South
• Others
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Northwest, Northeast, Central, South and Others.  

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Italy Freight and Logistics Market Report Coverage:

Key Questions Answered in This Report:

• How has the Italy freight and logistics market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Italy freight and logistics market?
• What is the breakup of the Italy freight and logistics market on the basis of logistics function?
• What is the breakup of the Italy freight and logistics market on the basis of end use industry?
• What are the various stages in the value chai of the Italy freight and logistics market? 
• What are the key driving factors and challenges in the Italy freight and logistics?
• What is the structure of the Italy freight and logistics market and who are the key players?
• What is the degree of competition in the Italy freight and logistics market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Italy freight and logistics market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Italy freight and logistics market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Italy freight and logistics industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.