United Kingdom Hazardous Goods Logistics Market Size, Share, and COVID-19 Impact Analysis, By Goods Type (Flammable Goods, Corrosive Goods, Explosives, Toxic Goods, and Radioactive Materials), By End-Use (Industrial, Medical, and Others), By Industry (Oil & Gas, Chemical, Pharmaceutical & Healthcare, Agriculture, Manufacturing, Mining, Construction & Building Materials, and Others), and United Kingdom Hazardous Goods Logistics Market Insights, Industry Trend, Forecasts to 2033

United Kingdom Hazardous Goods Logistics Market Insights Forecasts to 2033

• The United Kingdom Hazardous Goods Logistics Market Size was valued at USD 3.29 Billion in 2023.
• The United Kingdom Hazardous Goods Logistics Market Size is Growing at a CAGR of 2.59% from 2023 to 2033
• The United Kingdom Hazardous Goods Logistics Market Size is expected to reach USD 4.25 Billion by 2033

The United Kingdom Hazardous Goods Logistics Market is anticipated to Exceed USD 4.25 Billion by 2033, Growing at a CAGR of 2.59% from 2023 to 2033. The increasing need for transportation of hazardous materials and environmental awareness are driving the growth of the hazardous goods logistics market in the UK.     

Market Overview

The hazardous goods logistics market refers to the industry encompassing the processes and procedures for transporting, storing, handling, and managing goods that pose a risk to health, safety, property, or the environment. Hazardous goods logistics is the specialized field that deals with the safe and legal transportation of dangerous substances across various modes like air, sea, road, and rail. This further includes classifying, packaging, labelling, and handling these materials to minimize risks to people, property, and the environment. Demand for medical waste management, as well as a shift towards nuclear energy, is driving the demand for hazardous goods logistics. Further, the demand for biomedical waste management is offering a market opportunity for hazardous goods logistics.

Report Coverage

This research report categorizes the market for the UK hazardous goods logistics market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom hazardous goods logistics market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the UK hazardous goods logistics market.

Driving Factors

The strict regulations regarding the transportation of hazardous goods, with the growing environmental awareness, are propelling the market demand. The growth of the oil and gas industry is also responsible for a significant rise in the hazardous goods logistics market. The rising need for specific materials such as lithium batteries and medical waste management is expected to drive the market demand for hazardous goods logistics.

 Restraining Factors

Ensuring compliance with regulations is a challenging factor that may hamper the hazardous goods logistics market growth. Further, challenges associated with the security of shipment and facilities may restrain the market.

Market Segmentation

The United Kingdom hazardous goods logistics market share is classified into goods type, end-use, and industry. 

• The flammable goods segment dominated the market with a major market share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.

The United Kingdom hazardous goods logistics market is segmented by goods type into flammable goods, corrosive goods, explosives, toxic goods, and radioactive materials. Among these, the flammable goods segment dominated the market with a major market share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. Flammable goods, including gases, chemicals, and fuels, are used in diverse industrial sectors. The growing industrialization and increased awareness about the safety & security of hazardous materials are contributing to propel the market in the flammable goods segment.

• The medical segment dominated the market with the largest market share and is expected to grow at a significant CAGR during the projected period.

The United Kingdom hazardous goods logistics market is segmented by end-use into industrial, medical, and others. Among these, the medical segment dominated the market with the largest market share and is expected to grow at a significant CAGR during the projected period. A considerable amount of biomedical and hospital waste, which may be infectious, is produced from hospitals and healthcare facilities. The increasing focus on medical waste management, owing to the rising healthcare activities and strict regulations, is propelling the market in the medical segment.

• The oil & gas segment dominated the United Kingdom hazardous goods logistics market in 2023 and is expected to grow at a significant CAGR during the projected period.

The United Kingdom hazardous goods logistics market is segmented by industry into oil & gas, chemical, pharmaceutical & healthcare, agriculture, manufacturing, mining, construction & building materials, and others. Among these, the oil & gas segment dominated the United Kingdom hazardous goods logistics market in 2023 and is expected to grow at a significant CAGR during the projected period. The rising need for oil and gas, from the petrochemical and aviation sectors, is contributing to driving the market demand in the oil and gas industry segment.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the U.K. hazardous goods logistics market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• CEVA Logistics
• DHL Group
• DSV
• Geodis
• Hoyer Group
• XPO, Inc.
• Private Listed Players
• HW Coates Ltd.
• JJX Logistics Group
• Monarch Transportation Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at U.K., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Hazardous Goods Logistics Market based on the below-mentioned segments:

UK Hazardous Goods Logistics Market, By Goods Type  

• Flammable Goods
• Corrosive Goods
• Explosives
• Toxic Goods
• Radioactive Materials

UK Hazardous Goods Logistics Market, By End-Use

• Industrial
• Medical
• Others

UK Hazardous Goods Logistics Market, By Industry

• Oil & Gas
• Chemical
• Pharmaceutical & Healthcare
• Agriculture
• Manufacturing
• Mining
• Construction & Building Materials
• Others