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Ouster and Microdrones dominate the market with around 7% of the market share in 2023. DHL Global Forwarding focuses on leveraging its extensive global network and technological advancements to enhance efficiency in timber transportation. By integrating digital tools for real-time tracking and optimizing supply chain management, DHL aims to provide transparent and reliable services that appeal to timber producers and buyers.
Maersk is capitalizing on its intermodal capabilities to offer seamless end-to-end solutions for timber logistics. By improving port connectivity and offering tailored services that address the unique needs of the timber industry, Maersk seeks to attract and retain customers. Both companies are investing in sustainable practices and innovative logistics solutions, recognizing that environmental concerns and efficiency are crucial factors in gaining market share within the timber logistics sector.
Major players operating in the timber logistics industry are:
DHL, Maersk, Kuehne + Nagel International AG, DSV Global, DB Schenker, C.H. Robinson, FedEx, DFDS Seaways, Ponsse PLC, and Tembec Inc.
North America market accounted for 35% revenue share in 2023, driven by the robust construction, furniture, and paper industries in the U.S. and Canada.
The roadway segment in the timber logistics industry held 40% revenue share in 2023, owing to its flexibility, cost-effectiveness, and ability to reach remote areas.
The market size of timber logistics reached USD 19.9 billion in 2023 and is set to register over 4.5% CAGR between 2024 and 2032, due to increasing demand for sustainable building materials.