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The Colombia transportation market size is expected to grow at a CAGR of 7.30% between 2023 and 2028, driven by the increasing demand for transportation from various sectors, improving standards of living, and favourable policies of the government.
Transportation refers to the movement of people, goods, or animals from one place to another, either by road, rail, water, pipeline, or air, involving vehicles such as buses, trains, trucks, or aircrafts. Businesses and consumers may use their own means for transportation through in-house vehicles, or pay for transportation services that are offered by a provider. While the government typically offers public transport options, separate service providers are popular for product transportation.
Based on services, the market is segmented into air transportation, road transportation, rail transportation, ship transportation, and pipeline transportation, among others. On the basis of destination, the market is bifurcated into domestic and international. By end use, the market is classified into aerospace, construction and mining, agriculture, fishing, and forestry, distributive trade, oil and gas, manufacturing, and pharmaceutical and healthcare, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the Colombia transportation market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
The road transportation segment, based on services, accounts for a healthy share of the Colombia transportation market. This can be attributed to the integrated and streamlined public transport system in the country, along with well-planned stops, bus and two-wheeler priority lanes, and digitalised user information systems. Increasing domestic demand for commodities and FMCG products is further bolstering the road transportation growth. Favourable policies of the government, such as transport subsidy for low-income citizens, are further escalating the number of road transport commuters. Rising urban standards of living in Colombia are further transforming the urban road transportation systems, increasing the demand for the overall transportation market in the country.
Based on end use, the manufacturing segment accounts for a significant share in the Colombia transportation market. Colombia is a rich source of versatile raw materials, such as coal, gold, coffee, banana, and spices, among others, which are witnessing a heightened demand from various sectors. Also, Colombia has accessibility to more than 4,000 maritime routes with 600+ routes across the world, which is strengthening the water transport sector to improve manufacturing operations. Meanwhile, the thriving construction and mining sector in the country is fuelling the transportation demand to improve the supply chain of raw materials. With heightened demand for new constructions and mining output, the construction and mining end uses of transportation is expected to bolster in the coming years.
Deutsche Post DHL Group is a leading logistics company which specialises in digitally transforming businesses, catering to a wide array of end users. This company offers services such as express service, freight transport, supply chain management services, and e-commerce logistics, among others. It was founded in 1995 and is headquartered in Bonn, Germany.
Kuehne+Nagel is one of the largest supply chain solutions providing companies which provides logistics solutions such as sea freight, air freight, road contract, rail, integrated logistics, among others. The company provides transportation services, supply chain services, and industry services with a global footprint. Kuehne+Nagel was founded in 1890 and is currently headquartered in Bremen, Germany.
Coltanque is a leading transportation company which provides services related to service lines, back liquids, bulk cargo, gas, load, distribution, and storage, among others. The company has its own fleet of more than 1,000 vehicles which cater to the transportation demands of various industries. It was founded in 1974 and is headquartered in Cundinamarca, Colombia.
Other market players include CEVA Logistics, Naviera Fluvial Colombiana S.A., Servientrega SA, Inter Rapidísimo, and Transportes Sanchez Polo, among others.
|Scope of the Report||
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|Breakup by Services||
|Breakup by Destination||
|Breakup by End Use||
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Transportation Market Overview
8.1 Key Industry Highlights
8.2 Latin America Transportation Historical Market (2018-2022)
8.3 Latin America Transportation Market Forecast (2023-2028)
8.4 Latin America Transportation Market Share by Country
9 Colombia Transportation Market Overview
9.1 Key Industry Highlights
9.2 Colombia Transportation Historical Market (2018-2022)
9.3 Colombia Transportation Market Forecast (2023-2028)
10 Colombia Transportation Market by Services
10.1 Air Transportation
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Road Transportation
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 Rail Transportation
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Ship Transportation
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Pipeline Transportation
10.5.1 Market Share
10.5.2 Historical Trend (2018-2022)
10.5.3 Forecast Trend (2023-2028)
11 Colombia Transportation Market by Destination
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
12 Colombia Transportation Market by End Use
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Construction and Mining
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Agriculture, Fishing, and Forestry
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Distributive Trade
12.4.1 Market Share
12.4.2 Historical Trend (2018-2022)
12.4.3 Forecast Trend (2023-2028)
12.5 Oil and Gas
12.5.1 Market Share
12.5.2 Historical Trend (2018-2022)
12.5.3 Forecast Trend (2023-2028)
12.6.1 Market Share
12.6.2 Historical Trend (2018-2022)
12.6.3 Forecast Trend (2023-2028)
12.7 Pharmaceutical and Healthcare
12.7.1 Market Share
12.7.2 Historical Trend (2018-2022)
12.7.3 Forecast Trend (2023-2028)
13 Market Dynamics
13.1 SWOT Analysis
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyers Powers
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
14 Cost Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Deutsche Post DHL Group
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
15.2.4 CEVA Logistics
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
15.2.5 Naviera Fluvial Colombiana S.A.
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
15.2.6 Servientrega SA
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
15.2.7 Inter Rapidísimo
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
15.2.8 Transportes Sanchez Polo
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Transportation Market: Key Industry Highlights, 2018 and 2028
2. Colombia Transportation Market: Key Industry Highlights, 2018 and 2028
3. Colombia Transportation Historical Market: Breakup by Services (USD Million), 2018-2022
4. Colombia Transportation Market Forecast: Breakup by Services (USD Million), 2023-2028
5. Colombia Transportation Historical Market: Breakup by Destination (USD Million), 2018-2022
6. Colombia Transportation Market Forecast: Breakup by Destination (USD Million), 2023-2028
7. Colombia Transportation Historical Market: Breakup by End User (USD Million), 2018-2022
8. Colombia Transportation Market Forecast: Breakup by End User (USD Million), 2023-2028
9. Colombia Transportation Market Structure
The market is estimated to grow at a CAGR of 7.30% in the forecast period of 2023-2028.
The increasing transportation demand from various sectors, favourable policies of the government, increasing number of public transport users, and rising standards of living are the major drivers of the market.
The key trends in the market include the thriving e-commerce sector, rapid digitalisation in the transport sector, and emergence of internet of things (IoT).
Air transportation, road transportation, rail transportation, ship transportation, and pipeline transportation, among others, are the different services in the market.
Domestic and international are the various destinations in the market.
Aerospace, construction and mining, agriculture, fishing, and forestry, distributive trade, oil and gas, manufacturing, and pharmaceutical and healthcare, among others, are the different end uses in the market.
The importance of transportation is to be able to securely and reliably move goods, people, or livestock, from one point to another.
The features of transportation include safety and security, speed, accessibility, regularity, and affordability, among others.
A transportation system refers to a combination of different transportation services and vehicles that work together to transport people, goods, and animals from one location to another.
Deutsche Post DHL Group, Kuehne+Nagel, Coltanque, CEVA Logistics, Naviera Fluvial Colombiana S.A., Servientrega SA, Inter Rapidísimo, and Transportes Sanchez Polo, among others, are the key players in the Colombia transportation market, according to the report.
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