The report titled “India Digital Freight Brokerage Market Outlook to 2025 –
Marquee Investors Funding in the Space and Revenue Alternative on Return Trips
to Support Market Growth” provides a comprehensive
analysis on the status of truck aggregators in India. The report covers various
aspects including the current road logistics scenario, pain points in India road
logistics market, digital freight brokerage market size & market
segmentations, demand analysis for truck aggregators, supply ecosystem for
truck aggregators, challenges faced by digital freight brokerage companies,
role of government in India digital freight brokerage market, trends &
developments, funding wave in India digital freight brokerage market,
competitive landscape and interview with Founders of Porter, Truck
Suvidha & Let’s Transport. The report concludes with market
projections for future of the industry including forecasted industry size by
revenue with recommended market penetration strategies for a new entrant.
India
Digital Freight Brokerage Market Overview and Size
India Digital Freight Brokerage market has witnessed a phenomenal
double digit CAGR growth during FY’2016- FY’2020P due to the rise in internet
penetration in India, shift towards digitalization of trucking industry due to
enhanced efficiency & better truck utilization. Also, support from
government, rise in road infrastructure projects, rise in sales of trucks, rise
in road freight market of India stimulated the growth in the market.
India
Digital Freight Brokerage Market Segmentation
By
Confinement (Intercity & Intracity): Market is
dominated by intercity movements in FY’2020P since most of the industries
prefer intercity movements due to their distribution need across the country.
By
Carrier Options (FTL, PTL & LTL): FTL dominated the
market due to better efficiency and truck utilization provided by it and also
most of the enterprises have full truck load requirements. LTL is the least
preferred category due to less efficiency provided by it and costing more to
the shippers.
By
Type of Operating Model (Spot Based, Loadboard, Contract Based): Contract
Based contributes the largest revenue share among these operating models in
FY’2020P, since it is preferred by most of the large enterprises due to their
regular logistics need.
By
Type of Revenue Model (Commission Based & Subscription Based): Commission
Based is the most preferred revenue model in FY’2020P since it is dependent on
the logistics requirements of shippers, providing revenue with each booking.
By
Type of End Users (B2B & B2C): In FY’2020P, B2B
dominates the market on the basis of type of end users since they have high
logistics requirements.
Intercity
By End Users: FMCG industry leads in terms of number of
bookings made in intercity movements in FY’2020 since they have high volume
distribution needs across the country.
Intracity
By End Users: Logistics is dominating the intracity market
with high number of bookings since many logistics companies avail online truck
aggregators’ services due to not being able to cater their services.
Intracity
By Type of Trucks: On the basis of number of bookings,
Between 6-8ft trucks dominate the market in intracity movements in FY’2020P.
Intercity
By Type of Trucks: Most of the bookings in intercity
movements come for trucks with loading capacity above 28MT in FY’2020P.
Competitive
Landscape of Major Players Operating in the India Digital Freight Brokerage
Market
Competition within the market is fragmented due to the presence of
20-25+ players, each capturing very low share. The market is led by major
players namely Blackbuck, Porter, Let’s Transport, Blowhorn, Truckola, Trukky
and others. The companies in the market compete on the basis of number of
shippers, number of trucks on board, number of carriers associated, technology
used, facilities & services provided to both shippers & truck drivers.
India
Digital Freight Brokerage Market Future Outlook & Projections:
Digital freight brokerage market is expected to grow with positive
growth in the forecasted period of FY’2020P-FY’2025. The market is expected to
consolidate in future with the major players capturing substantial share in the
market. The growth of the market will be impacted shortly due to the outbreak
of corona virus but it is expected to get back on track and grow in the
forecast period.
Key Segments
Covered:-
By
Confinement
Intercity
Intracity
By Carrier
Options
FTL
PTL
LTL
By Type of
Operating Model
Spot Based
Model
Load Board
Model
Contract
Based Model
By Type of
Revenue Model
Commission
Based Model
Subscription
Based Model
By Type of
End Users
B2B
B2C
Intercity By
Type of End Users (on the basis of number of bookings)
FMCG
Petrochemicals
& Paints
Metals
Others
Intracity By
Type of End Users (on the basis of number of bookings)
Logistics
FMCG
Furniture
Others
Intracity By
Type of Trucks
Below or
equal to 5ft
Between
6-8ft
Above 8ft
Intercity By
Type of Trucks
3-12 MT
13-28 MT
Above 28 MT
Key Target
Audience:-
Truck
Aggregator Companies
Logistics
Companies
PE and
Venture Capitalist Firms
Transport
Contractors
Logistics
Association
Time Period
Captured in the Report:-
Historical
Period: FY’2016-FY’2020P
Forecast
Period: FY’2020P-FY’2025F
Companies
Covered in Report:-
Blackbuck
Porter
Let’s
Transport
Truckola
Rivigo
Blowhorn
Trukky
Lalamove
Lynk
Portflip
EzyHaul
Trukky
Lobb
Key Topics
Covered in the Report:-
Evolution of
Truck Aggregators
Demand
Analysis of Digital Freight Brokerage Companies
Demand &
Supply Ecosystem
India
Digital Freight Brokerage Market Size
Funding wave
in India Digital Freight Brokerage Market
India
Digital Freight Brokerage Market Segmentation
Competitive
Landscape of India Digital Freight Brokerage Market
SWOT
Analysis of India Digital Freight Brokerage Market
Trends &
Developments in India Digital Freight Brokerage Market
Challenges
Faced by India Digital Freight Brokerage Market
Interview of
Founders of Porter, Trucksuvidha & Let’s Transport; Pranav, Ishu Bansal
& Sudarshan Ravi respectively on roadmap of India Truck Aggregator
Industry
India
Digital Freight Brokerage Industry Future Outlook to FY’ 2025
For More Information on the research report, refer to below
link:
Related Reports:-
This comment has been removed by the author.
ReplyDeleteUsually there are some aspects that should certainly be considered just as the bank fees, import duties and freight. you'll deduct these costs in your profit and to the purchaser or sellers invoice, this will be able to rely upon the negotiations in the parties involve.
ReplyDeleteImport / Export business is simply a approach to earn big, and determinedly and good guidance, the way to success during this company isn't a hardcore road indeed!
If you would wish to find out more on importing sea freight from China to USA we've like the 30 day video training on ways to contact factories, source products directly with suppliers in China and more - everything you want to import sea freight from China to USA.