PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236085
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236085
Global Government and Education Logistics Market is valued approximately USD 406.20 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.8% over the forecast period 2022-2029. A logistics process is one that coordinates, plans, and moves goods, money, and services. These services include operations like material handling, packaging, shipping, keeping an inventory, providing security, and warehousing, all of which can be scaled in accordance with client requirements and market dynamics. The distribution of supplies or End Uses from producers to customers is the responsibility of logistics service providers. The market for Government and Education logistics is driving by factors such as and growth in international trade and rise in free trade agreements between nations and rise of tech-driven logistics services and growing adoption of IoT-enabled connected devices across the world.
Rising international trade across the globe is creating a lucrative growth to the market. For instance, according to United Nations Conference on Trade and Development, in year 2021 the value of global trade reached a record level of USD 28.5 trillion which shows an increase of 25 percent from year 2020 and 13% higher as compared to year 2019. Also, Strong regional demand for healthcare logistics, emerging logistics start-ups with creative solutions, and state-of-the-art transportation infrastructure are all likely to fuel market expansion. For instance, the Federal Government of Germany and Deutsche Bahn (DB), a German railway corporation, signed a contract in January 2020 for the upkeep and upgrading of the country's current rail network, totaling around USD 105 billion. This strengthened Germany's transportation infrastructure. However, poor infrastructure and higher logistics costs and growing number of cargo thefts may hamper the market growth in the forecasted period.
The key regions considered for the Global Government and Education Logistics Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. dominated the market in terms of revenue, owing to the dominance of branded End Uses and the region's increasing disease prevalence. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, an increase in the number of collaborations for biosimilar development, geographic expansion of key players, and active participation of government and nonprofit organizations in the market space.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and End Use offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable