Bulk Liquid Logistics Market - By Services (Transportation, Storage & Warehousing, Loading & Unloading, Customs Clearance & Documentation), By End-Use, By Container & Forecast, 2024 – 2032

Bulk Liquid Logistics Market Size

Bulk Liquid Logistics Market was valued at USD 52.7 billion in 2023 and is expected to grow at over 5.5% CAGR during the forecast period. The logistics sector involving the transportation and storage of large quantities of liquid products such as chemicals, oil, and food-grade liquids has witnessed significant growth in recent years.
 

The expansion is driven by the rise in e-commerce and advancements in infrastructure, alongside increased industrial activities. In addition, economic growth enhances the demand for various liquid commodities, necessitating efficient logistics solutions. For instance, the World Bank highlights that improved logistics performance can boost trade and economic development, with countries investing heavily in logistics infrastructure to enhance their supply chain efficiency. The connection between logistics and economic performance is further supported by research showing that robust logistics networks contribute to economic growth by facilitating smoother trade and transportation of goods.?
 

Moreover, recent developments such as active expansions of capacities and services, strategic partnerships, collaborations, and acquisitions are being widely adopted among market players. For example, in January 2024, DHL Global Forwarding, the freight specialist arm of the DHL Group, completed the acquisition of shares in the Danzas AEI Emirates, with all facilities now rebranded to DHL. This integration not only transforms the logo and name but also enhances operational capabilities with the transfer of 1,100 logistics experts and ownership of over 20 facilities. This will result in more efficient and seamless logistics services for customers in the UAE, GCC, and MEA (Middle East and Africa) regions. With this integration, the company strengthens its position as a market leader in freight forwarding and logistics in Dubai, further accelerating the growth of the logistics business in the MEA region.
 

The bulk liquid logistics market is subject to stringent regulations concerning safety, environmental protection, and handling procedures. Compliance with these regulations can be complex and costly, and failure to adhere can result in fines and legal repercussions. Handling bulk liquids, especially hazardous chemicals and flammable substances, involves significant safety risks. Further, accidents or spills can lead to environmental damage, health hazards, and costly cleanup operations. Effective risk management and safety protocols are crucial but can be challenging to implement consistently, thus hampering market growth over a forecast time frame.
 

Bulk Liquid Logistics Market Trends

The adoption of smart technologies for real-time monitoring, an increased focus on sustainability, and the impact of global economic shifts are driving the market growth of bulk liquid logistics. Technological advancements are enhancing operational efficiency and safety, with innovations such as IoT-enabled packaging and smart sensors now commonly used to monitor parameters such as temperature and pressure, ensuring better quality control during transportation.
 

Environmental sustainability is a critical focus, with companies adapting to new regulations such as the European Union's Emissions Trading System (ETS). This regulation, including CO2 emissions from ships, is pushing logistics providers to adopt greener practices. For instance, carriers are using slow steaming and exploring alternative fuels such as green methanol to meet emissions standards?. For instance, in December 2023, the United Nations Industrial Development Organization (UNIDO) and logistics company DHL Group signed a Memorandum of Understanding during the 28th UN Climate Change Conference in the United Arab Emirates. The event featured the partnership signing ceremony and the launch of the "Innovation for Food Systems Transformation" global innovation challenge by UNIDO and DHL Group. The Innovation Challenge seeks out pioneering technology providers who have designed sustainable solutions for agribusiness supply chains and logistics. These solutions are intended to address hurdles within the 'first-mile' supply chain.
 

Bulk Liquid Logistics Market Analysis

Based on services the market is segmented into transportation, storage and warehousing, loading and unloading, customs clearance and documentation, and others. The transportation segment held over 60% of the market share in 2023 and is projected to grow significantly over the period. Specialized rail tank cars, equipped with advanced safety features and insulation, ensure the secure transit of liquids. Road transportation, using tanker trucks, provides flexibility and door-to-door service, which are considered essential for shorter distances or final-mile deliveries. Moreover, innovations in road tankers, such as GPS tracking and real-time temperature control, enhance safety and efficiency. Further, sea transport is crucial for international trade, involving large cargo ships such as tankers and LNG carriers. These vessels are designed to handle vast quantities of liquid bulk, with advanced systems for cargo handling and environmental protection. The integration of digital technologies across these modes, such as IoT sensors and automated tracking systems further optimizes logistics operations, thus ensuring timely and secure deliveries.
 

Based on end-use, the bulk liquid logistics market is divided into chemicals, petrochemicals, food and beverages, pharmaceuticals, agriculture, and others. The chemicals industry accounted for around 42% of the market share in 2023. This sector includes the transport of industrial chemicals used in manufacturing processes, such as solvents, acids, and bases, which demand careful handling to prevent leaks, spills, and contamination. Additionally, the logistics of specialty chemicals, including those used in coatings, adhesives, and plastics, require advanced containment and management systems to maintain product integrity and adhere to stringent safety regulations. The sector further relies on precise logistical coordination to handle the complex supply chains associated with chemical production and distribution, emphasizing the need for robust infrastructure and advanced technology to ensure secure and efficient transport.
 

Asia Pacific holds around 30% bulk liquid logistics market share in 2023 and is expected to expand significantly through 2032. Countries such as China, India, and Japan are major players, with China being the largest importer and exporter of liquid bulk, due to its vast manufacturing base and extensive infrastructure. Additionally, India’s expanding chemical and pharmaceutical industries drive significant liquid bulk transportation needs, supported by ongoing infrastructure developments. Further, Japan’s advanced technology and efficiency in handling liquid bulk logistics, particularly in the chemical and automotive sectors, set high standards in the region.
 

In North America, the market is characterized by a robust infrastructure network and high standards for safety and regulatory compliance. Countries such as the U.S. and Canada benefit from extensive rail and road networks, supported by well-established port facilities for international trade. The growth in shale oil production has notably influenced the market, increasing demand for liquid bulk transportation.
 

Bulk Liquid Logistics Market Share

DHL and Hoyer dominate the bulk liquid logistics industry with a market share of over 7% in 2023. DHL specializes in bulk liquid logistics through its advanced multimodal transport solutions, offering extensive expertise in managing the complexities of liquid freight, including hazardous materials. They utilize a robust global network and innovative tracking technologies to ensure safe and efficient delivery.
 

Hoyer Group is renowned for its comprehensive bulk liquid logistics services, leveraging a specialized fleet of tank containers, road tankers, and IBCs. They emphasize safety and environmental standards, with equipment and tailored logistics solutions, excelling in the transport of chemicals, gases, and food-grade liquids globally.
 

Bulk Liquid Logistics Market Companies

Major players operating in the bulk liquid logistics industry are:

• DHL Global Forwarding
• Hoyer Group
• Stolt-Nielsen Limited
• Mauser Packaging Solutions
• Bulkhaul Limited
• Den Hartogh Logistics
• Suttons Group
• Vopak
• Kemira
• Odyssey Logistics & Technology
   

Bulk Liquid Logistics Industry News

• In October 2023, the HOYER Group strengthened its European and global performance through investments to be able to give its customers in the chemicals, gas, foodstuffs, and petroleum products industries even better support with logistics solutions along the entire supply chain.
   
• In October 2023, The HOYER Group, operating globally and specializing in liquid goods, renewed its fleet of tank containers used worldwide with around 3,000 tanks by the end of 2023. This step is being taken as part of a fleet update to meet the demand for specialist equipment for chemical products and liquid foodstuffs in European road and intermodal transport as well as in overseas logistics in particular. This strategy is focused on supply chain solutions to the growing demands of its customers’ product portfolios.
   

The bulk liquid logistics market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) and volume (Units/Tonne) from 2021 to 2032, for the following segments:

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Market, By Services

• Transportation
  • Road
  • Rail
  • Sea
• Storage & Warehousing
• Loading & Unloading
• Customs Clearance & Documentation
• Others

Market, By End-Use

• Chemicals
• Petrochemicals
• Food & Beverages
• Pharmaceuticals
• Agriculture
• Others

Market, By Container

• ISO Tanks
• Flexitanks
• Drums and Barrels
• Intermediate Bulk Containers (IBCs)
• Tank Trailers

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of South America
• MEA
  • South Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA