New Zealand Freight and Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Logistics Companies in the New Zealand Market and is Segmented by Function (freight Transport [air, Shipping, and Inland Water, Road, and Rail], Freight Forwarding, Warehousing, and Value-Added Services and Other Functions) and End-User (manufacturing and Automotive, Oil and Gas, Mining, and Quarrying, Agriculture, Fishing, and Forestry, Construction, Distributive Trade [wholesale and Retail], and Other End Users [telecommunication, Pharmaceuticals, and F&B]). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

New Zealand Freight & Logistics Market Size

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New Zealand Freight and Logistics Market Summary
Study Period 2019-2029
Base Year For Estimation 2023
Market Size (2024) USD 17.71 Billion
Market Size (2029) USD 20.75 Billion
CAGR (2024 - 2029) 3.21 %
Market Concentration Low

Major Players

New Zealand Freight and Logistics Market Major Players

*Disclaimer: Major Players sorted in no particular order

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New Zealand Freight & Logistics Market Analysis

The New Zealand Freight And Logistics Market size in terms of Equal-3.21 is expected to grow from USD 17.71 billion in 2024 to USD 20.75 billion by 2029, at a CAGR of 3.21% during the forecast period (2024-2029).

  • Due to the pandemic, most commodity products, such as building supplies, infrastructure, and certain FMCG and clothing apparel businesses, experienced supply chain disruptions in New Zealand. Some consumers are switching to suppliers from New Zealand to support local businesses, and many export businesses relying on the export of agricultural commodities, such as milk products and meat, are expected to play a key role in driving the freight and logistics market. However, several forestry operations around the country have shut down, according to the Forest Industry Contractors Association, which estimates that about 30% of the country's logging activities have halted due to supply chain delays.
  • In New Zealand, road freight is the predominant mode of freight transport and accounts for almost 70% of the total domestic freight movement (in terms of ton-km) and over 90% of the freight (in terms of volume/ton). Rail, although a small player in terms of employment and value-added within the wider transport, logistics, and distribution sector, plays a vital role in connecting Auckland, Tauranga, and Hamilton.
  • At the height of the COVID-19 epidemic, there was a shortage of containers; however, today, there are too many containers, which is an issue for the world economy. Data reveals that container depots, which are used to store containers after they are unloaded, are now filling up or being at capacity, in addition to declining freight prices, which is primarily due to a decline in global demand and economic slowdown. In its third-quarter results, big shipping company Maersk issued a warning that due to declining demand and eased supply chain congestion, freight rates have peaked and an expected drop in ocean transport profits.
  • Both the continued need for capacity from exporters and the robust local demand for goods have been present throughout the previous year. However, because of erratic shipping schedules and congestion at major New Zealand ports, capacity has not kept up. Despite government subsidies keeping capacity at 90% of pre-pandemic levels, air freight capacity is also under pressure due to high demand. Inconsistent shipping for imports and exports has had an impact on the entire domestic supply chain. To keep up with international schedules, lines are offloading products at ports other than their original destination due to shipping delays and congestion.

New Zealand Freight & Logistics Market Trends

Increase in cross-border trade driving the market

In 2022, goods with a value of around 45.65 billion U.S. dollars were exported from New Zealand.

New Zealand’s biggest export products by value in 2022 were concentrated and sweetened milk or cream, butter, sheep or goat meat, frozen beef, and rough wood. In aggregate, those major exports accounted for about four-fifths (39.8%) of overall export sales from New Zealand.

The latest available country-specific data shows that importers bought 75.9% of products exported from New Zealand in mainland China (28.8% of the global total), Australia (11.2%), the United States of America (10.9%), Japan (6%), South Korea (3.7%), Indonesia (3%), Taiwan (2.4%), Singapore (2.3%), the United Kingdom (2%), Thailand (2%), Malaysia (also 2%), and the Netherlands (1.5%).

From a continental perspective, 60.4% of New Zealand’s exports by value were delivered to Asian countries, while 13.0% were sold to fellow Oceanian trade partners led by Australian importers. New Zealand shipped another 12.9% worth of goods to North America.

Smaller percentages went to Europe (9.1%), Africa (3.1%), and Latin America (1.5%), excluding Mexico but including the Caribbean.

New Zealand Freight & Logistics Market  : New Zealand: Export of goods from 2018 to 2022 (in billion U.S. dollars)

E-commerce Growth in New Zealand is Driving the Logistics Sector

New Zealand's eCommerce sector is projected to bring in USD 5.33 billion in revenue in 2023, which translates to an average revenue per user (ARPU) of nearly USD 1,000. New Zealand also has a per capita income of USD 48,249 - one of the highest in the world.

New Zealand's eCommerce revenue is expected to reach USD 8.32 billion by 2027.

Even though other countries in the APAC region, such as Singapore (36%), Indonesia (34%), and the Philippines (25.9%), are projected to grow faster, the country's eCommerce sales trends are well ahead of the global average and show no signs of slowing down.3

Additionally, there is still plenty of room for growth since the online user penetration in the country is still relatively low at 61.8%.4 A big chunk of those missing out are from the older demographics.

The best-selling products in New Zealand eCommerce come from four main categories – food/groceries and liquor (25%), department/variety and miscellaneous (23%), clothing and footwear (21%), and appliances/electronics (16%).

New Zealand Freight and Logistics Market : Breakdown of total online spending in New Zealand in 2022, by sector

New Zealand Freight & Logistics Industry Overview

The New Zealand freight and logistics market is fragmented, with the presence of both international and local players. The market has a large number of local players like Mainfreight Limited, Carrolls Cartage Limited, First Global Logistics, and TIL Logistics Group Limited (Move Logistics). Many players are catering to the road freight market, which has led to an increase in competition in the market.

New Zealand Freight & Logistics Market Leaders

  1. Deutsche Post DHL Group

  2. FedEx Corporation

  3. Mainfreight Limited

  4. Agility Logistics

  5. TIL Logistics Group Limited (Move Logistics)

*Disclaimer: Major Players sorted in no particular order

New Zealand Freight and Logistics Market Concentration
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New Zealand Freight & Logistics Market News

  • May 2023: Australia-based logistics company Qube Holdings acquired a 50% stake in New Zealand’s Pinnacle Corporation and 100% of Kalari. Qube acquired Kalari from Swire Investments (Australia). Kalari is a leading logistics provider to the Australian mining and resources industry, specializing in on-road and remote bulk haulage through a fleet of predominantly performance-based standards vehicles, materials handling, and supply chain optimization.
  • August 2022: Lineage Logistics completed the acquisition of Grupo Fuentes and Cold Storage Nelson (CNS) in New Zealand. The US-based provider of global cold chain solutions has announced an increasing number of acquisitions in recent years as it tries to expand its presence in Europe and the Asia-Pacific region.

New Zealand Freight & Logistics Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

    1. 2.1 Analysis Methodology

    2. 2.2 Research Phases

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview (Current Scenario of the Logistics Market and Economy)

    2. 4.2 Technological Developments in the Market

    3. 4.3 Government Regulations and Initiatives

    4. 4.4 Industry Value Chain/Supply Chain Analysis

    5. 4.5 Brief on Freight Transportation Costs/Freight Rates in New Zealand (Includes Trucking Rates by Main Lanes and Warehousing Rents in Key Locations)

    6. 4.6 Spotlight on the E-commerce Market (Trends of Domestic and Cross-border E-commerce, and Key Performance Indicators will be Provided)

    7. 4.7 Brief on the 3PL Market in New Zealand

    8. 4.8 Insights into the Courier, Express, and Parcel (CEP) Market (Market Trends and Key Players)

    9. 4.9 Demand and Supply Analysis (Trucks, Drivers, Labor, etc.)

    10. 4.10 Commentary on Trucking Operating Costs (Fuel Costs, Wages, Vehicle Maintenance Costs, etc.)

    11. 4.11 Spotlight on Key Logistics Hubs and Cities in New Zealand

    12. 4.12 Spotlight on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and Its Effect on the Logistics Sector

    13. 4.13 Insights into Intermodal Transportation

    14. 4.14 Impact of the COVID-19 on the Market

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Increase in global trade activites

      2. 5.1.2 Increase in infrastrustrure and construction

    2. 5.2 Market Restraints

      1. 5.2.1 Long distances and sometimes difficult terrain can contribute to increased transportation costs

    3. 5.3 Market Opportunities

      1. 5.3.1 Expanding demand for its agriculture and other export products

    4. 5.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 5.4.1 Bargaining Power of Suppliers

      2. 5.4.2 Bargaining Power of Consumers

      3. 5.4.3 Threat of New Entrants

      4. 5.4.4 Threat of Substitutes

      5. 5.4.5 Intensity of Competitive Rivalry

  6. 6. MARKET SEGMENTATION (Market Size by Value)

    1. 6.1 Function

      1. 6.1.1 Freight Transport

        1. 6.1.1.1 Road

        2. 6.1.1.2 Shipping and Inland Water

        3. 6.1.1.3 Air

        4. 6.1.1.4 Rail

      2. 6.1.2 Freight Forwarding

      3. 6.1.3 Warehousing

      4. 6.1.4 Value-added Services and Other Functions

    2. 6.2 End-User

      1. 6.2.1 Manufacturing and Automotive

      2. 6.2.2 Oil and Gas, Mining, and Quarrying

      3. 6.2.3 Agriculture, Fishing, and Forestry

      4. 6.2.4 Construction

      5. 6.2.5 Distributive Trade (Wholesale and Retail Segments (FMCG Included))

      6. 6.2.6 Other End-Users (Telecommunication, Pharmaceuticals, and F&B)

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Overview (Market Concentration and Major Players)

    2. 7.2 Company Profiles

      1. 7.2.1 International Companies

        1. 7.2.1.1 Deutsche Post DHL Group

        2. 7.2.1.2 Yusen Logistics Co. Ltd.

        3. 7.2.1.3 Hellmann Worldwide Logistics Limited

        4. 7.2.1.4 CEVA Logistics

        5. 7.2.1.5 Agility Logistics Pvt. Ltd.

        6. 7.2.1.6 Linfox Pty Ltd.

        7. 7.2.1.7 Kuehne + Nagel International AG

        8. 7.2.1.8 FedEx Corporation

        9. 7.2.1.9 DB Schenker

        10. 7.2.1.10 DSV

      2. 7.2.2 Local Companies

        1. 7.2.2.1 Mainfreight Limited

        2. 7.2.2.2 Cardinal Logistics

        3. 7.2.2.3 Carrolls Cartage Limited

        4. 7.2.2.4 First Global Logistics

        5. 7.2.2.5 TIL Logistics Group Limited

        6. 7.2.2.6 Toll Group

        7. 7.2.2.7 K&S Corporation Limited

        8. 7.2.2.8 Online Distribution Ltd.

        9. 7.2.2.9 Freightways Ltd.

        10. 7.2.2.10 New Zealand Post Ltd.*

      3. 7.2.3 Other Companies (Key Information/Overview)

        1. 7.2.3.1 Bollore Logistics, Nexus Logistics, Goddards Cartage, March Logistics (NZ) Ltd, PBT, Mondiale Freight Services Ltd, Owens Transport Ltd, Fliway Group Ltd, Scales Logistics, Crown Worldwide, BPW Transport Efficiency NZ Ltd., Champion Freight, Central Transport Limited, Charter Transport, Rohlig New Zealand Limited, Malcolm Total Logistics, Burnard International Limited, Alderson, Bulk Lines Limited

    3. *List Not Exhaustive
  8. 8. FUTURE OF THE MARKET

  9. 9. APPENDIX

    1. 9.1 GDP Distribution, by Activity and Region

    2. 9.2 Insights into Capital Flows

    3. 9.3 Economic Statistics - Transport and Storage Sector, Contribution to Economy

    4. 9.4 External Trade Statistics - Export and Import, by Product

    5. 9.5 Insights into Key Export Destinations

    6. 9.6 Insights into Key Import Origin Countries

    7. 9.7 List of Prospective Clients for Logistics Service Providers

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New Zealand Freight & Logistics Industry Segmentation

Freight and logistics refer to the transportation of goods in the domestic and international markets via various modes of transportation that include air, rail, and roadways. A complete background analysis of the New Zealand freight and logistics market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics, geographical trends, and COVID-19 impact, is included in the report. The New Zealand Freight and Logistics Market is segmented by function (freight transport [air, shipping, and inland water, road, and rail], freight forwarding, warehousing, and value-added services and other functions) and end-user (manufacturing and automotive, oil and gas, mining, and quarrying, agriculture, fishing, and forestry, construction, distributive trade [wholesale and retail], and other end users [telecommunication, pharmaceuticals, and F&B]). The report offers market size and forecasts for the New Zealand freight and logistics market in terms of value (USD) for all the above segments.

Function
Freight Transport
Road
Shipping and Inland Water
Air
Rail
Freight Forwarding
Warehousing
Value-added Services and Other Functions
End-User
Manufacturing and Automotive
Oil and Gas, Mining, and Quarrying
Agriculture, Fishing, and Forestry
Construction
Distributive Trade (Wholesale and Retail Segments (FMCG Included))
Other End-Users (Telecommunication, Pharmaceuticals, and F&B)
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New Zealand Freight & Logistics Market Research FAQs

The New Zealand Freight And Logistics Market size is expected to reach USD 17.71 billion in 2024 and grow at a CAGR of 3.21% to reach USD 20.75 billion by 2029.

In 2024, the New Zealand Freight And Logistics Market size is expected to reach USD 17.71 billion.

Deutsche Post DHL Group, FedEx Corporation, Mainfreight Limited, Agility Logistics and TIL Logistics Group Limited (Move Logistics) are the major companies operating in the New Zealand Freight And Logistics Market.

In 2023, the New Zealand Freight And Logistics Market size was estimated at USD 17.14 billion. The report covers the New Zealand Freight And Logistics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the New Zealand Freight And Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

New Zealand Freight & Logistics Industry Report

Statistics for the 2024 New Zealand Freight and Logistics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. New Zealand Freight and Logistics analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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New Zealand Freight and Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)