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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1206875
PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1206875
Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 108 Pages
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The global logistics market size reached US$ 5.2 Trillion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.8 Trillion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.
Logistics refers to the process of storing and transporting resources, such as equipment, inventory, food, liquids, and materials, from one location to the desired destination. It includes the management of the flow of goods from production to the point of consumption to meeting the requirement of customers. It helps enterprises create additional value, save costs, deliver a better customer experience, and improve brand reputation. At present, various organizations around the world are focusing on strategic logistics management to reduce their transport expenses.
Logistics Market Trends:
- The thriving e-commerce industry, along with the increasing availability of high-speed network connectivity, represents one of the key factors positively influencing the market. As the e-commerce business is growing significantly, the demand for efficient logistics services is increasing. In addition, the shifting consumer preference toward online purchasing is driving the market. Online retail channels offer convenient home delivery services that are supporting the growth of the market. Apart from this, the manufacturers are focusing on adopting green logistic solutions to reduce the environmental impact and improve the green credentials of their businesses. They are also offering logistics monitoring systems integrated with advanced technologies, such as blockchain, augmented reality (AR), artificial intelligence (AI), and the internet of things (IoT). These systems track real-time information and provide predictive alerts of warehouse management, transportation, and delivery of the products. Furthermore, a significant rise in globalization and the increasing trade agreements among various countries are catalyzing the demand for logistics to keep pace with the growing needs of importers and exporters. Moreover, the flourishing pharmaceutical, food, and beverage (F&B), and e-commerce industries are propelling the market growth.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global logistics market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on the model type, transportation mode, and end-use.
Breakup by Model Type:
2 PL
3 PL
4 PL
3 PL currently represents the largest market segment as it offers outsourced logistics services to handle various supply chain functions.
Breakup by Transportation Mode:
- Roadways
- Seaways
- Railways
- Airways
- Roadways hold the biggest market share as they assist in providing door-to-door service, saving time and packing costs, and reducing the risk of product damage during transit.
Breakup by End-Use:
- Manufacturing
- Consumer Goods
- Retail
- Food and Beverages
- IT Hardware
- Healthcare
- Chemicals
- Construction
- Automotive
- Telecom
- Oil and Gas
- Others
- The manufacturing industry holds the majority of the market share as logistics help improve efficiencies and production rates, lower costs, and increase customer satisfaction and experience.
Breakup by Region:
- Asia Pacific
- Europe
- North America
- Latin America
- Middle East and Africa
- The Asia Pacific enjoys the leading position in the market due to rapid urbanization and the expansion of different industry verticals in the region.
Competitive Landscape:
- The competitive landscape of the market has also been analyzed with some of the top logistics companies being J.B. Hunt Transport Services, C.H. Robinson Worldwide, Inc., Ceva Holdings LLC, FedEx Corp., United Parcel Service, Inc., Expeditors International of Washington Inc., XPO Logistics Inc., Kenco Group, Deutsche Post DHL Group, Americold Logistics, LLC and DSV Air & Sea Inc.
- This report provides a deep insight into the global logistics market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the logistics market.
Key Questions Answered in This Report:
- 1. What was the size of the global logistics market in 2022?
- 2. What is the expected growth rate of the global logistics market during 2023-2028?
- 3. What are the key factors driving the global logistics market?
- 4. What has been the impact of COVID-19 on the global logistics market?
- 5. What is the breakup of the global logistics market based on the model type?
- 6. What is the breakup of the global logistics market based on the transportation mode?
- 7. What is the breakup of the global logistics market based on the end use?
- 8. What are the key regions in the global logistics market?
- 9. Who are the key players/companies in the global logistics market?
Product Code: SR1323A347_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 COVID-19 Impact on the Industry
6 Global Logistics Market
- 6.1 Market Overview
- 6.2 Market Performance
- 6.3 Market Breakup by Model Type
- 6.4 Market Breakup by Transportation Mode
- 6.5 Market Breakup by End-Use
- 6.6 Market Breakup by Region
- 6.7 Market Forecast
- 6.8 SWOT Analysis
- 6.8.1 Overview
- 6.8.2 Strengths
- 6.8.3 Weaknesses
- 6.8.4 Opportunities
- 6.8.5 Threats
- 6.9 Value Chain Analysis
- 6.9.1 Raw Materials
- 6.9.2 Inbound Transport
- 6.9.3 Production
- 6.9.4 Outbound Transport
- 6.9.5 Distribution
- 6.9.6 End-Use
- 6.10 Porters Five Forces Analysis
- 6.10.1 Overview
- 6.10.2 Bargaining Power of Buyers
- 6.10.3 Bargaining Power of Suppliers
- 6.10.4 Degree of Competition
- 6.10.5 Threat of New Entrants
- 6.10.6 Threat of Substitutes
- 6.11 Price Analysis
- 6.11.1 Key Price Indicators
- 6.11.2 Price Structure
- 6.11.3 Margin Analysis
7 Market Breakup by Model Type
- 7.1 2 PL
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 3 PL
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 4 PL
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Transportation Mode
- 8.1 Roadways
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Seaways
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Railways
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Airways
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by End-Use
- 9.1 Manufacturing
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Consumer Goods
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Retail
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Food and Beverages
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 IT Hardware
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Healthcare
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 9.7 Chemicals
- 9.7.1 Market Trends
- 9.7.2 Market Forecast
- 9.8 Construction
- 9.8.1 Market Trends
- 9.8.2 Market Forecast
- 9.9 Automotive
- 9.9.1 Market Trends
- 9.9.2 Market Forecast
- 9.10 Telecom
- 9.10.1 Market Trends
- 9.10.2 Market Forecast
- 9.11 Oil and Gas
- 9.11.1 Market Trends
- 9.11.2 Market Forecast
- 9.12 Others
- 9.12.1 Market Trends
- 9.12.2 Market Forecast
10 Market Breakup by Region
- 10.1 Asia Pacific
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Europe
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 North America
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
11 Competitive Landscape
- 11.1 Market Structure
- 11.2 Key Players
- 11.3 Profiles of Key Players
- 11.3.1 J.B. Hunt Transport Services
- 11.3.2 C.H. Robinson Worldwide, Inc.
- 11.3.3 Ceva Holdings LLC
- 11.3.4 FedEx Corp.
- 11.3.5 United Parcel Service, Inc.
- 11.3.6 Expeditors International of Washington Inc.
- 11.3.7 XPO Logistics Inc.
- 11.3.8 Kenco Group
- 11.3.9 Deutsche Post DHL Group
- 11.3.10 Americold Logistics, LLC
- 11.3.11 DSV Air & Sea Inc.
Product Code: SR1323A347_Report
List of Figures
- Figure 1: Global: Logistics Market: Major Drivers and Challenges
- Figure 2: Global: Logistics Market: Sales Value (in Trillion US$), 2017-2022
- Figure 3: Global: Logistics Market: Breakup by Model Type (in %), 2022
- Figure 4: Global: Logistics Market: Breakup by Transportation Mode (in %), 2022
- Figure 5: Global: Logistics Market: Breakup by End-Use (in %), 2022
- Figure 6: Global: Logistics Market: Breakup by Region (in %), 2022
- Figure 7: Global: Logistics Market Forecast: Sales Value (in Trillion US$), 2023-2028
- Figure 8: Logistics (For Food Products) Market: Price Structure
- Figure 9: Global: Logistics Industry: SWOT Analysis
- Figure 10: Global: Logistics Industry: Value Chain Analysis
- Figure 11: Global: Logistics Industry: Porter's Five Forces Analysis
- Figure 12: Global: Logistics (2 PL) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 13: Global: Logistics (2 PL) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 14: Global: Logistics (3 PL) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 15: Global: Logistics (3 PL) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 16: Global: Logistics (4 PL) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 17: Global: Logistics (4 PL) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 18: Global: Logistics (Roadways) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 19: Global: Logistics (Roadways) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 20: Global: Logistics (Seaways) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 21: Global: Logistics (Seaways) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 22: Global: Logistics (Railways) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 23: Global: Logistics (Railways) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 24: Global: Logistics (Airways) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 25: Global: Logistics (Airways) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 26: Global: Logistics (End-Use in Manufacturing) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 27: Global: Logistics (End-Use in Manufacturing) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 28: Global: Logistics (End-Use in Consumer Goods) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 29: Global: Logistics (End-Use in Consumer Goods) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 30: Global: Logistics (End-Use in Retail) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 31: Global: Logistics (End-Use in Retail) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 32: Global: Logistics (End-Use in Food and Beverage) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 33: Global: Logistics (End-Use in Food and Beverage) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 34: Global: Logistics (End-Use in IT Hardware) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 35: Global: Logistics (End-Use in IT Hardware) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 36: Global: Logistics (End-Use in Healthcare) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 37: Global: Logistics (End-Use in Healthcare) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 38: Global: Logistics (End-Use in Chemicals) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 39: Global: Logistics (End-Use in Chemicals) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 40: Global: Logistics (End-Use in Construction) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 41: Global: Logistics (End-Use in Construction) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 42: Global: Logistics (End-Use in Automotive Sector) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 43: Global: Logistics (End-Use in Automotive Sector) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 44: Global: Logistics (End-Use in Telecom) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 45: Global: Logistics (End-Use in Telecom) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 46: Global: Logistics (End-Use in Oil and Gas) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 47: Global: Logistics (End-Use in Oil and Gas) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 48: Global: Logistics (Other End-Uses) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 49: Global: Logistics (Other End-Uses) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 50: Asia Pacific: Logistics Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 51: Asia Pacific: Logistics Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 52: Europe: Logistics Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 53: Europe: Logistics Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 54: North America: Logistics Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 55: North America: Logistics Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 56: Latin America: Logistics Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 57: Latin America: Logistics Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 58: Middle East and Africa: Logistics Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 59: Middle East and Africa: Logistics Market Forecast: Sales Value (in Billion US$), 2023-2028
List of Tables
- Table 1: Global: Logistics Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Logistics Market Forecast: Breakup by Model Type (in Billion US$), 2023-2028
- Table 3: Global: Logistics Market Forecast: Breakup by Transportation Mode (in Billion US$), 2023-2028
- Table 4: Global: Logistics Market Forecast: Breakup by End-Use (in Billion US$), 2023-2028
- Table 5: Global: Logistics Market Forecast: Breakup by Region (in Billion US$), 2023-2028
- Table 6: Global: Logistics Market: Competitive Structure
- Table 7: Global: Logistics Market: Key Players
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