Market Research Report
Logistics Market, by Transport Infrastructure, by End-use Industry, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
|Published by||Coherent Market Insights||Product code||986040|
|Published||Content info||130 Pages
Delivery time: 2-3 business days
|Logistics Market, by Transport Infrastructure, by End-use Industry, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027|
|Published: January 18, 2021||Content info: 130 Pages||
Logistics Market, by Transport Infrastructure (Road, Sea, Rail, Air), by End-use Industry (Manufacturing, Retail, Trade & Transportation, Government & Utilities, Healthcare, Media & Entertainment, Banking & Financial Services, Telecommunication, Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027.
Logistics is the process of managing the movement, procurement, and storage of materials, by the organization and its marketing channels in such a way that future and current profitability are increased through goods fulfillment of orders. Furthermore, logistics activities include all the activities of the supply chain such as transport service, inventory management, information exchange, cargo handling, packaging, and warehousing.
The rising technological developments in freight transport is expected to propel the global logistics market growth over the forecast period. For instance, on March 2, 2019, SNCF Logistics, a division of the SNCF Group, entered into a partnership with Marseilles-based shipping container technology firm Traxens to develop a digital freight train. The new digital freight trains will help improve the performance of the logistics market.
Furthermore, rising demand for package shipping is expected to opened larger logistics facilities in India. For instance, in October 2018, United Parcel Service, a logistics company, opened new facilities in Ahmedabad and Hyderabad in India.
However, lack of domestic warehouse space is one factor that is expected to hamper growth of the global logistics market.
This report segments the global logistics market on the basis of transport infrastructure, end-use industry, and region. On the basis of transport infrastructure, the global logistics market is segmented into road, sea, rail, and air. On the basis of end-use industry, the global logistics market is segmented into manufacturing, retail, trade & transportation, government & utilities, healthcare, media & entertainment, telecommunication, banking & financial services, and others. On the basis of region, the global logistics market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA).