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Report
Global Logistics Market Report and Forecast 2024-2032
Market Report I 2023-10-30 I 190 Pages I EMR Inc.
Global Logistics Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global logistics market reached a value of USD 9407.5 billion in 2023, the market is projected to further grow at a CAGR of 6.4% between 2023 and 2032 to reach a value of USD 15978.2 billion by 2032.
Logistics, fundamentally, refers to the management of the flow of goods and services from the point of origin to the point of consumption. It ensures efficient and effective transportation and storage of goods, including services and related information. The logistics sector, therefore, is the backbone of global commerce, propelling goods across continents, from manufacturers to end-users.
As per the logistics market analysis, the proliferation of e-commerce is a significant driver in the global market's upswing. As consumers increasingly pivot towards online shopping, retailers and e-commerce giants require robust logistical support to ensure timely and accurate deliveries. This shift towards online shopping is not just limited to B2C markets; B2B e-commerce platforms are also leveraging logistics to streamline their operations, facilitating smoother trade flows.
Another driving factor in logistics market growth is the increasing globalisation of industries. As businesses expand their footprints across borders, there's an ever-growing need for comprehensive logistics solutions that can seamlessly manage cross-border transactions and deliveries. Moreover, the logistics market is also witnessing tailwinds from the introduction of advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT). These technologies enhance route optimisation, warehouse management, and predictive analytics, further refining the logistics process.
Emerging markets, with their burgeoning middle-class and increasing internet penetration, present a significant opportunity to propel the logistics market demand. These regions, previously seen as challenging to penetrate due to infrastructural constraints or regulatory issues, are now becoming viable markets, thanks to investments in infrastructure and a more welcoming regulatory environment. The shift in manufacturing bases to countries with lower operational costs is further stimulating the demand for efficient logistics solutions in these areas.
Sustainability is another frontier that the logistics market is navigating. As the world grapples with the challenges of climate change, there's a pressing need for greener logistics solutions. This has led to the emergence of electric delivery vehicles, sustainable packaging, and the optimisation of delivery routes to reduce carbon footprints and further increase the logistics market size. Companies that successfully integrate these eco-friendly solutions will not only contribute to a greener planet but also position themselves favourably in an increasingly eco-conscious global marketplace.
Market Segmentation
The market can be divided based on model type, transportation mode, end user, and region.
Market Breakup by Model Type
- 1 PL
- 2 PL
- 3 PL
- Others
Market Breakup by Transportation Mode
- Roadways
- Seaways
- Railways
- Airways
Market Breakup by End User
- Manufacturing
- Consumer Goods and Retail
- Food and Beverages
- IT Hardware and Telecom
- Healthcare
- Chemicals
- Construction
- Automotive
- Oil and Gas
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global logistics market. Some of the major players explored in the report by Expert Market Research are as follows:
- J.B. Hunt Transport Services, Inc.
- CEVA Logistics AG
- XPO, Inc.
- Global Leader, Inc.
- Kenco Group Inc.
- Deutsche Post AG
- Kuehne + Nagel International AG
- FedEx Corporation
- United Parcel Service, Inc.
- A.P. Moller - Mrsk A/S
- Expeditors International of Washington Inc.
- GXO Logistics, Inc.
- DSV A/S
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Logistics Market Analysis
8.1 Key Industry Highlights
8.2 Global Logistics Historical Market (2018-2023)
8.3 Global Logistics Market Forecast (2024-2032)
8.4 Global Logistics Market by Model Type
8.4.1 1 PL
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 2 PL
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 3 PL
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Logistics Market by Transportation Mode
8.5.1 Roadways
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Seaways
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Railways
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Airways
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.6 Global Logistics Market by End User
8.6.1 Manufacturing
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Consumer Goods and Retail
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Food and Beverages
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 IT Hardware and Telecom
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Healthcare
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
8.6.6 Chemicals
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2023)
8.6.6.3 Forecast Trend (2024-2032)
8.6.7 Construction
8.6.7.1 Market Share
8.6.7.2 Historical Trend (2018-2023)
8.6.7.3 Forecast Trend (2024-2032)
8.6.8 Automotive
8.6.8.1 Market Share
8.6.8.2 Historical Trend (2018-2023)
8.6.8.3 Forecast Trend (2024-2032)
8.6.9 Oil and Gas
8.6.9.1 Market Share
8.6.9.2 Historical Trend (2018-2023)
8.6.9.3 Forecast Trend (2024-2032)
8.6.10 Others
8.7 Global Logistics Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Logistics Market Analysis
9.1 Market by Model Type
9.2 Market by Transportation Mode
9.3 Market by End User
9.4 Market by Country
9.4.1 United States of America
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2023)
9.4.1.3 Forecast Trend (2024-2032)
9.4.2 Canada
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2023)
9.4.2.3 Forecast Trend (2024-2032)
10 Europe Logistics Market Analysis
10.1 Market by Model Type
10.2 Market by Transportation Mode
10.3 Market by End User
10.4 Market by Country
10.4.1 United Kingdom
10.4.1.1 Market Share
10.4.1.2 Historical Trend (2018-2023)
10.4.1.3 Forecast Trend (2024-2032)
10.4.2 Germany
10.4.2.1 Market Share
10.4.2.2 Historical Trend (2018-2023)
10.4.2.3 Forecast Trend (2024-2032)
10.4.3 France
10.4.3.1 Market Share
10.4.3.2 Historical Trend (2018-2023)
10.4.3.3 Forecast Trend (2024-2032)
10.4.4 Italy
10.4.4.1 Market Share
10.4.4.2 Historical Trend (2018-2023)
10.4.4.3 Forecast Trend (2024-2032)
10.4.5 Others
11 Asia Pacific Logistics Market Analysis
11.1 Market by Model Type
11.2 Market by Transportation Mode
11.3 Market by End User
11.4 Market by Country
11.4.1 China
11.4.1.1 Market Share
11.4.1.2 Historical Trend (2018-2023)
11.4.1.3 Forecast Trend (2024-2032)
11.4.2 Japan
11.4.2.1 Market Share
11.4.2.2 Historical Trend (2018-2023)
11.4.2.3 Forecast Trend (2024-2032)
11.4.3 India
11.4.3.1 Market Share
11.4.3.2 Historical Trend (2018-2023)
11.4.3.3 Forecast Trend (2024-2032)
11.4.4 ASEAN
11.4.4.1 Market Share
11.4.4.2 Historical Trend (2018-2023)
11.4.4.3 Forecast Trend (2024-2032)
11.4.5 South Korea
11.4.5.1 Market Share
11.4.5.2 Historical Trend (2018-2023)
11.4.5.3 Forecast Trend (2024-2032)
11.4.6 Australia
11.4.6.1 Market Share
11.4.6.2 Historical Trend (2018-2023)
11.4.6.3 Forecast Trend (2024-2032)
11.4.7 Others
12 Latin America Logistics Market Analysis
12.1 Market by Model Type
12.2 Market by Transportation Mode
12.3 Market by End User
12.4 Market by Country
12.4.1 Brazil
12.4.1.1 Market Share
12.4.1.2 Historical Trend (2018-2023)
12.4.1.3 Forecast Trend (2024-2032)
12.4.2 Argentina
12.4.2.1 Market Share
12.4.2.2 Historical Trend (2018-2023)
12.4.2.3 Forecast Trend (2024-2032)
12.4.3 Mexico
12.4.3.1 Market Share
12.4.3.2 Historical Trend (2018-2023)
12.4.3.3 Forecast Trend (2024-2032)
12.4.4 Others
13 Middle East and Africa Logistics Market Analysis
13.1 Market by Model Type
13.2 Market by Transportation Mode
13.3 Market by End User
13.4 Market by Country
13.4.1 Saudi Arabia
13.4.1.1 Market Share
13.4.1.2 Historical Trend (2018-2023)
13.4.1.3 Forecast Trend (2024-2032)
13.4.2 United Arab Emirates
13.4.2.1 Market Share
13.4.2.2 Historical Trend (2018-2023)
13.4.2.3 Forecast Trend (2024-2032)
13.4.3 Nigeria
13.4.3.1 Market Share
13.4.3.2 Historical Trend (2018-2023)
13.4.3.3 Forecast Trend (2024-2032)
13.4.4 South Africa
13.4.4.1 Market Share
13.4.4.2 Historical Trend (2018-2023)
13.4.4.3 Forecast Trend (2024-2032)
13.4.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porters Five Forces Analysis
14.2.1 Suppliers Power
14.2.2 Buyers Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 J.B. Hunt Transport Services, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 CEVA Logistics AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 XPO, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Global Leader, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Kenco Group Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Deutsche Post AG
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Kuehne + Nagel International AG
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 FedEx Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 United Parcel Service, Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 A.P. Moller - Mrsk A/S
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Expeditors International of Washington Inc.
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 GXO Logistics, Inc.
15.2.12.1 Company Overview
15.2.12.2 Product Portfolio
15.2.12.3 Demographic Reach and Achievements
15.2.12.4 Certifications
15.2.13 DSV A/S
15.2.13.1 Company Overview
15.2.13.2 Product Portfolio
15.2.13.3 Demographic Reach and Achievements
15.2.13.4 Certifications
15.2.14 Others
16 Key Trends and Developments in the Market
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