Cash Logistics Market by Mode of Transit, Component, End-Use - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation

List of Tables

The Global Cash Logistics Market is forecasted to grow significantly, with a projected USD 19.01 billion in 2023 at a CAGR of 6.80% and expected to reach a staggering USD 30.14 billion by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Cash Logistics Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Cash Logistics Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Mode of Transit, market is studied across Airways, Railways, and Roadways. The Roadways commanded largest market share of 71.69% in 2022, followed by Railways.

Based on Component, market is studied across Services and Software. The Services is further studied across Cash Collection, Cash Courier, Cash Delivery, Cash Pickup, Cash Security, Cash-In-Transit, and ATM Replenishment Services. The Software is further studied across ATM Management Solutions, Cash Forecasting & Optimization, and Retail Cash Handling Device Optimization. The Services commanded largest market share of 78.44% in 2022, followed by Software.

Based on End-Use, market is studied across Financial Institutions, Government Agencies, and Retailers. The Financial Institutions commanded largest market share of 61.26% in 2022, followed by Government Agencies.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.35% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Cash Logistics Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Cash Logistics Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Cash Logistics Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Cash Logistics Market?

4. What is the competitive strategic window for opportunities in the Global Cash Logistics Market?

5. What are the technology trends and regulatory frameworks in the Global Cash Logistics Market?

6. What is the market share of the leading vendors in the Global Cash Logistics Market?

7. What modes and strategic moves are considered suitable for entering the Global Cash Logistics Market?

Product Code: MRR-0D217D5ADA0D

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Cash Logistics Market, by Mode of Transit, 2022 vs 2030
4.3. Cash Logistics Market, by Component, 2022 vs 2030
4.4. Cash Logistics Market, by End-Use, 2022 vs 2030
4.5. Cash Logistics Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Significant cash transactions volume and increasing installation of ATMs
  - 5.1.1.2. Expanding banking services in rural areas
  - 5.1.1.3. Rising adoption by jewelry showrooms, shopping malls, and corporate offices
- 5.1.2. Restraints
  - 5.1.2.1. Risk associated with cash logistics
- 5.1.3. Opportunities
  - 5.1.3.1. The emergence of AI and IoT in cash logistics management
  - 5.1.3.2. Improvements in cash logistics supply chain visibility and transparency
- 5.1.4. Challenges
  - 5.1.4.1. Adoption of digital wallets and electronic payment methods
5.2. Market Trends
- 5.2.1. Presence of robust cash logistics service providers and breakthrough advancements in cash-in-transit vehicles in the Americas region
- 5.2.2. Increased reliance on cash and well-established guidelines to accelerate the growth of cash logistics in the APAC region
- 5.2.3. Growth of the banking sector with an increasing number of ATMs and presence of well-established players in the EMEA region
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Cash Logistics Market, by Mode of Transit

6.1. Introduction
6.2. Airways
6.3. Railways
6.4. Roadways

7. Cash Logistics Market, by Component

7.1. Introduction
7.2. Services
- 7.2.1. Cash Collection
- 7.2.2. Cash Courier
- 7.2.3. Cash Delivery
- 7.2.4. Cash Pickup
- 7.2.5. Cash Security
- 7.2.6. Cash-In-Transit
- 7.2.7. ATM Replenishment Services
7.3. Software
- 7.3.1. ATM Management Solutions
- 7.3.2. Cash Forecasting & Optimization
- 7.3.3. Retail Cash Handling Device Optimization

8. Cash Logistics Market, by End-Use

8.1. Introduction
8.2. Financial Institutions
8.3. Government Agencies
8.4. Retailers

9. Americas Cash Logistics Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Cash Logistics Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Cash Logistics Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
  - 12.3.1.1. Reliance Retail acquired METRO 'Cash & Carry' for Rs. 2,850 crores.
  - 12.3.1.2. Prosegur Cash and Armaguard Group announce merger deal agreement to create a sustainable and secure Australian cash in transit business
  - 12.3.1.3. SIS acquired additional 49.99% stake in Terminix SIS India
  - 12.3.1.4. Loomis acquired SecurePost, the cash handling business of the Swiss Post Group
- 12.3.2. Agreement, Collaboration, & Partnership
  - 12.3.2.1. Raiffeisen Bank International signed a partnership agreement with FinLync
  - 12.3.2.2. Transguard Group and GardaWorld Federal Services announced joint venture
- 12.3.3. New Product Launch & Enhancement
  - 12.3.3.1. Banks planned to install 17,000 ATMs, CRMs
  - 12.3.3.2. Kyriba Launched AI-Driven Cash Management
  - 12.3.3.3. Hyosung America Launched Four New Products Set to Empower Cash Management and Enable Cash-to-Digital Experiences
  - 12.3.3.4. Mizuho Bank launched Japan's First Sustainable Supply Chain Finance (SSCF)
  - 12.3.3.5. GardaWorld launched Sesami Cash Management Technologies
- 12.3.4. Investment & Funding
  - 12.3.4.1. Cash-logistics company Radiant Cash Management raised Rs.116 crore from anchor investors
- 12.3.5. Award, Recognition, & Expansion
  - 12.3.5.1. AGS Transact Technologies Limited Wins Order For 8,000+ ATMs/ CRMs In Q3FY23
  - 12.3.5.2. Hitachi unit tripled India ATM output with new factory
  - 12.3.5.3. ICICI Pru MF Launches Transportation And Logistics Fund Today, NFO Closes October 20
  - 12.3.5.4. Ascent Capital-backed Radiant Cash Management Services gets Sebi nod for IPO

13. List of Company Mentioned

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing