New Zealand Freight And LogisticsCompanies (2024 - 2029)

New Zealand Freight And Logistics Market Companies Summary

The freight and logistics sector in New Zealand has experienced significant disruptions due to the COVID-19 pandemic, affecting a variety of businesses such as building supplies, infrastructure, clothing apparel, and especially the forestry operations. However, the market is expected to be driven by export businesses that focus on agricultural commodities like milk products and meat. On the other hand, the road freight dominates the freight transport in the country, connecting major cities. Despite the challenges brought about by the pandemic, such as container shortage and supply chain congestion, there has been a continued need for capacity from exporters and robust local demand for goods. The New Zealand freight and logistics market trends reveal an increase in cross-border trade, with the country's major export products being concentrated and sweetened milk or cream, butter, sheep or goat meat, frozen beef, and rough wood. The growth of the eCommerce sector in the country is also driving the logistics sector, with the best-selling products coming from food/groceries and liquor, department/variety and miscellaneous, clothing and footwear, and appliances/electronics categories. The freight and logistics industry is fragmented, with a mix of both international and local firms. The road freight market, in particular, sees a high level of competition due to the presence of numerous players.