Logistics Market 2024 | Share, Size, Trends and Forecast 2032
The Reports and Insights, a leading market
research company, has recently releases report titled “Logistics Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast
2024-2032.” The study provides a detailed analysis of the industry,
including the global Logistics Market share, size, trends, and growth forecasts.
The report also includes competitor and regional analysis and highlights the
latest advancements in the market.
Report Highlights:
How big is the Logistics Market?
The logistics market is expected to
register a CAGR of 4.5% during the forecast period of 2024 to 2032
What is Logistics?
Logistics is a process that involves the management and
coordination of the movement of goods, services, and information throughout the
supply chain, including a wide range of activities such as warehousing,
transportation, inventory management, order fulfillment, and distribution, with
the ultimate goal of ensuring that products reach from one location to the
intended destinations in a timely and cost-effective manner. Logistics mainly
comprises various services such as Third-Party Logistics (3PL), Fourth-Party
Logistics (4PL), inbound logistics, outbound logistics, green logistics,
reverse logistics, construction logistics, digital logistics, military
logistics, and other logistics services.
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What are
the growth prospects and trends in the logistics industry?
Logistics market growth is
driven by the continuous growth of businesses that are increasingly operating
on a global scale, and the demand for efficient warehousing, transportation,
and distribution solutions has surged. Further, logistics services are
essential for optimizing the movement of goods across borders, facilitating
international trade, and supporting economic growth. The rise of online retail
leads to improved demand for efficient inventory management, last-mile delivery
services, and advanced order fulfillment capabilities, offering solutions that
provide to the specific needs of e-commerce businesses. Additionally, the
incorporation of cutting-edge technologies such as the Internet of Things
(IoT), artificial intelligence (AI), and blockchain has enhanced traceability,
visibility, and overall efficiency in the supply chain. Overall, the logistics
market growth is growing due to factors such as global
trade expansion, technological innovation, and e-commerce growth. As businesses
continue to navigate a complex and interconnected global marketplace, the role
of logistics in facilitating continuous and efficient supply chain operations
remains dominant.
What is included in market segmentation?
The report has segmented the market into the
following categories:
By Model
·
1PL
·
2PL
·
3PL
·
4PL
By Transportation
·
Road
·
Rail
·
Sea
·
Air
By End-User Industry
·
Healthcare
·
Automotive
·
FMCG
·
Energy and Utilities
·
Industry Machinery and Equipment
By Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East
Who are the key players operating in the
industry?
The report covers the major market players
including:
- A.P. Moller-Maersk
- C.H. Robinson Worldwide Inc.
- Kuehne+Nagel Inc.
- FedEx Corporation
- Deutsche Post AG
- DSV
- DB Schenker
- GEODIS
- Nippon Express Co., Ltd
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that is not covered currently within the scope of the report, we will provide
the same as a part of the customization.
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