17th December,
2018- Hotel
Logistics Market is anticipated to witness an exponential growth
in the forecast period. The factors that propel the growth of the market
include growing recognition of the hotel industry worldwide, rising demand for
professional hotel logistics services, and robust growth of the travel and
tourism industry across the world. The market is anticipated to grow at a
significant CAGR in the upcoming period as the scope, product types, and its
applications are increasing across the globe.
There have been novel trends and technological advancements
in the transportation sector including advanced fleet management systems (FMS)
that gathers the essential data for users when connected to the vehicle’s
onboard computer. Vehicle tracking component is the key element in the fleet
management systems. Even if it is a GPS-based system, it may be based on a
cellular triangulation platform. The information collected from the vehicle
location, speed, and direction is further conveyed to a fleet management
software application. This helps the hotel logistics service providers to track
the shipment and offer real-time information.
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The market may be explored by
service type, application, and geography. Market may be explored by service
type as Game Supplies and Equipment (GS&E), Operating Supplies and
equipment (OS&E) and Furniture, fixtures, and equipment (FF&E). The
“Furniture, Fixtures and Equipment (FF&E) service” segment led the market
in 2017 and is anticipated to maintain its dominance over forecast period. The
key factors that may be attributed to the growth of the market include growing
importance of contents such as fixtures, movable furniture, or other equipment
in a hotel. Also, FFE logistics includes the interior furnishing of the entire
hotel.
The key applications that
could be explored in the Hotel Logistics Market include Childcare, Conference
Facilities, Social Function Services, Swimming Pool and Business Centers. North
America accounted for the major share of the market Size in 2017 and will
continue to lead in the forecast period. The factors that could be attributed
to the growth include developing tourism, growing demand for hotel logistics.
The United States is a major consumer to the market growth as it has some of
the famous city destinations and several budget hotels.
Some of the key players that
fuel the growth of the Hotel Logistics Market comprise DB Schenker, Crown
Worldwide, TIBA, Kuehne + Nagel, Safeway Logistics, UniGroup Logistics, UPS,
3PL Links, Turn Key Hospitality Solutions and Beltmann Integrated Logistics.
The leading companies are taking up partnerships, mergers and acquisitions, and
joint ventures in order to boost the inorganic growth of the industry.
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Market Segment:
The market is divided
into the following segments based on geography:
• Americas
• APAC
• EMEA
Global Hotel Logistics Market 2018-2022, has been prepared
based on an in-depth market analysis with inputs from industry experts. The
report covers the market landscape and its growth prospects over the coming
years. The report also includes a discussion of the key vendors operating in
this market.
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