The latest report by IMARC Group, titled “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global logistics market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global logistics market reached a value of US$ 4.92 Trillion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.55 Trillion by 2027, exhibiting at a CAGR of 4.7% during 2022-2027. Logistics comprises of the numerous processes that entail planning and coordinating resources as well as services. It generally includes various components, such as inventory management, material handling, inbound and outbound transportation, warehousing, etc. In addition to this, logistics offers effective transportation and storage of goods and services. It also focuses on the proper functioning of an organization or a business. Consequently, logistics finds wide-ranging applications across several industries, including manufacturing, construction, oil and gas, telecommunications, food and beverage (F&B), etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape
- Strategies of major players and product offerings
Global Logistics Market Trends:
The inflating popularity of online shopping, on account of the expanding e-commerce industry, is primarily driving the logistics market. Additionally, the widespread adoption of technology-driven services is further catalyzing the market growth. Besides this, the launch of various favorable policies by government bodies across countries aimed at promoting international and intranational trade activities is augmenting the utilization of logistics to keep pace with the rising needs of importers and exporters, which, in turn, is acting as another significant growth-inducing factor. Moreover, the escalating demand for Internet of Things (IoT)-enabled connected devices that aid in transferring the data via digital networks while ensuring safety and security is also stimulating the global market. Apart from this, the introduction of numerous advanced technologies, including automated material handling equipment, biometrics, GPS, etc., is anticipated to fuel the logistics market over the forecasted period.
Competitive Landscape:
By IMARC group the report has also analyzed the competitive landscape of the market with some of the top logistics companies being
- B. Hunt Transport, Inc.
- H. Robinson Worldwide, Inc.
- CEVA Logistics
- FedEx Corp.
- United Parcel Service, Inc.
- Expeditors International of Washington Inc.
- XPO Logistics Inc.
- Kenco Group Inc.
- Deutsche Post DHL Group
- Americold Logistics, LLC
- DSV Panalpina A/S
Key Market Segmentation:
Breakup by Transportation Mode:
- Roadways
- Seaways
- Railways
- Airways
Breakup by Model Type:
- 2 PL
- 3 PL
- 4 PL
Breakup by End-use:
- Consumer Goods
- Retail
- Food And Beverages
- IT Hardware
- Healthcare
- Chemicals
- Construction
- Automotive
- Telecom
- Oil & Gas
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/logistics-market
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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