The Global Logistics Market size was valued at USD 14.35 Bn in 2022 and is expected to reach USD 23.36 Bn by 2029, at a CAGR of 7.20 %
Logistics Market Report Scope and Research Methodology :
The research methodology used for this report involves extensive data collection and analysis, including primary and secondary research, to provide accurate and reliable insights into the Logistics Market.
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Logistics Market Dynamics:
In today’s globalized world, logistics plays a crucial role in maintaining and enhancing the efficiency, effectiveness, and value addition in international trading activities. For instance, the recent announcement of a free trade agreement (FTA) between India and the UK in various sectors is expected to significantly boost the growth of the Logistics Market.
The rise of e-commerce platforms and the increasing reliance on IoT services are key drivers of the logistics market. As online deliveries become more prominent, the demand for logistics services is on the rise. Additionally, industries worldwide are increasingly favoring technology-driven services, further fueling market growth.
Logistics Market Regional Insights:
- North America: In 2022, North America held the largest market share (35.93%). The USA boasts one of the world’s largest and most developed logistics markets, with its logistics sector contributing nearly 8.3% of its GDP in 2022. The use of technology, including Warehouse Management Systems (WMS) and data collection tools, has enabled accurate inventory movement tracking, driving market growth.
- Asia Pacific: The Asia Pacific region is expected to witness the highest CAGR of 7.31% during the forecast period. Increased demand for logistic services, exports, and imports, as well as in-country logistics, is fueling market growth. Trade growth between Asia and the rest of the world is substantial, and the Asia e-commerce logistics market is set to account for a significant portion of market growth during the forecast period.
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Logistics Market Segmentation:
by Transportation Mode
Railways
Roadways
Waterways
Airways
by Logistics Type
First Party
Second Party
Third Party
Logistics Market Key Players:
1. J.B. Hunt Transport Inc.
2. C.H. Robinson Worldwide, Inc.
3. CEVA Logistics
4. FedEx Corp.
5. United Parcel Service, Inc.
6. Expeditors International of Washington Inc.
7. XPO Logistics Inc.
8. Kenco Group Inc.
9. Deutsche Post DHL Group
10. Americold Logistics
11. LLC
12. DSV Panalpina A/S.
13. Moller – Maersk
14. Geodis
15. Nippon Express
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Table of content for the Logistics Market includes:
- Global Logistics Market : Research Methodology
- Global Logistics Market : Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Logistics Market : Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size and Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by growth and trend
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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