In a recent published report, Kenneth Research has updated the market report for Cash Logistics Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Cash Logistics Market products.
A comprehensive research report created through extensive primary research (inputs from industry experts, companies and stakeholders) and secondary research, the report aims to present the analysis of Global Cash Logistics Market. The report analyses the Cash Logistics Market by By Segment (Cash in Transit and Cash Management) and By End User (Financial Institutions, Retail and Others). The Global Cash Logistics Market has been analysed By Region (North America, Europe, Asia Pacific, ROW) and By Country (United States, Canada, Mexico, United Kingdom, Germany, Spain, China, India) for the historical period of 2014-2018 and the forecast period of 2019-2024.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Valued at USD 27.3 billion in the year 2018, the global cash logistics market is being influenced by several key factors such as surging number of ATM installations in developing economies, rise in per capita expenditure and spending levels. Apart from the expansion of the ATM network, other factors backing the growth in the global cash in transit market include surging crime rates, increasing implementation of stringent laws and regulations in addition to rising population.
Furthermore, efforts on part of various government bodies to bring about financial inclusion amongst the general populace has also been instrumental in driving the growth in the market. Developed economies such as United States, Canada, Germany, United Kingdom have been highly profitable markets in the historic period. However, expansion of banking facilities in rural and remote locations across the developing countries of Asia Pacific region is likely to drive the cash logistics market in the coming years.
Scope of the Report
Global Cash Logistics Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Cash Logistics Market- Sizing, Growth, Forecast
• Analysis by Segment – Cash in Transit, Cash Management
• Analysis by End User – Financial Institutions, Retail, Others
Regional Cash Logistics Market– North America, Europe, Asia Pacific and Rest of the World (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Cash Logistics Market- Sizing, Growth, Forecast
• Analysis by Segment – Cash in Transit, Cash Management
• Analysis by End User – Financial Institutions, Retail, Others
Country Analysis – United States, Canada, Mexico, United Kingdom, Germany, Spain, India and China (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Cash Logistics Market- Sizing, Growth, Forecast
• Analysis by Segment – Cash in Transit, Cash Management
Other Report Highlights:
• Market Opportunity Charts – By Region, By Segment, By End-User
• Market Dynamics – Drivers and Restraints
• Market Trends
• Competitive Landscape, Company Share Analysis, Merger and Acquisitions of Key Industry Players
• SWOT Analysis
• Porter Five Force Analysis
• Policy and Regulatory Landscape
• Company Analysis – Prosegur, Brink’s, Loomis, GardaWorld and G4S.
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Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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