NEW YORK, March 4, 2022 /PRNewswire/ — Logistics Market Facts at a Glance-
- Total Pages: 120
- Companies: 10+ – Including C.H. Robinson Worldwide Inc., Deutsche Bahn AG, Deutsche Post DHL Group, J.B. Hunt Transport Services Inc., Kenco, Kuehne + Nagel International AG, and XPO Logistics Inc among others.
- Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis
- Segments: End Users – consumer goods, automotive, food and beverage, healthcare, and others
- Geographies: APAC, North America, Europe, MEA, and South America
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The Logistics Market is expected to increase by USD 1546.95 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 5.08% as per the latest market report by Technavio. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets. APAC will register the highest growth rate of 43% among the other regions.
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Vendor Insights-
The Logistics Market is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.
- C.H. Robinson Worldwide Inc -The company offers logistics services such as ocean shipping, air freight, and truckload.
- Deutsche Bahn AG –The company offers logistics services such as land transport, air freight, and ocean freight through Schenker AG.
- Deutsche Post DHL Group -The company offers freight shipping via air, ocean, road, and rail.
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Regional Market Outlook
The Logistics Market share growth in APAC will be significant during the forecast period. China and Japan are the key markets for logistics in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The presence of a large consumer base for both food and beverage and healthcare product suppliers, the rise in disposable incomes, and the growing aging population will facilitate the logistics market growth in APAC over the forecast period.
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Latest Drivers & Trends Driving the Market-
- Logistics Market Driver:
- Increasing cross-border trade:
Cross-border trade involves the sales and purchase of goods and services across international land borders. Cross-border trade allows enterprises to expand their business in terms of geography and demographics. It helps countries in boosting their economy as the export and import of goods lead to an increase in tax revenue, which, in turn, contributes to the gross domestic product (GDP) of countries. This has encouraged various countries to increase their cross-border trade. Increasing cross-border trade is driving the number of trade corridors. With the growth in cross-border trade, the demand for logistics will also increase, which will contribute to the market share growth during the forecast period.
Increasing cross-border trade:
Logistics Market Trend:
Rapid growth in the e-commerce industry :The e-commerce industry is growing rapidly owing to the increased penetration of the Internet globally and the growing access to smartphones. The growth of the e-commerce sector has a direct impact on the logistics industry. As consumers are spending less time going to stores, their first direct interaction with the brand is the package that gets delivered to their doors. Logistics plays a major role as the movement of goods highly depends on the transportation and distribution network. Vendors are offering logistics services to e-commerce enterprises. Vendors are also offering greater return options for reverse logistics than other vendors. The rapid growth in the e-commerce industry will be a major trend for logistics during the forecast period.
Find additional information about various other market Drivers & Trends mentioned in our FREE sample report.
- Rapid growth in the e-commerce industry :The e-commerce industry is growing rapidly owing to the increased penetration of the Internet globally and the growing access to smartphones. The growth of the e-commerce sector has a direct impact on the logistics industry. As consumers are spending less time going to stores, their first direct interaction with the brand is the package that gets delivered to their doors. Logistics plays a major role as the movement of goods highly depends on the transportation and distribution network. Vendors are offering logistics services to e-commerce enterprises. Vendors are also offering greater return options for reverse logistics than other vendors. The rapid growth in the e-commerce industry will be a major trend for logistics during the forecast period.
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Healthcare Logistics Market in North America –The healthcare logistics market share in North America is expected to increase by USD 10.19 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 6.09%. Download a free sample now!
Table of Contents:
Logistics Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 5.08%
Market growth 2021-2025
USD 1546.95 billion
Market structure
Fragmented
YoY growth (%)
4.55
Performing market contribution
APAC at 43%
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
C.H. Robinson Worldwide Inc., Deutsche Bahn AG, Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., J.B. Hunt Transport Services Inc., Kenco, Kuehne + Nagel International AG, United Parcel Service Inc., and XPO Logistics Inc.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Executive Summary
Market Landscape
- Market ecosystem
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Consumer goods – Market size and forecast 2020-2025
- Automotive – Market size and forecast 2020-2025
- Food and beverage – Market size and forecast 2020-2025
- Healthcare – Market size and forecast 2020-2025
- Others – Market size and forecast 2020-2025
- Market opportunity by End-user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2020-2025
- North America – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor Landscape
- Landscape disruption
- Industry risks
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- C.H. Robinson Worldwide Inc.
- Deutsche Bahn AG
- Deutsche Post DHL Group
- DSV Panalpina AS
- FedEx Corp.
- J.B. Hunt Transport Services Inc.
- Kenco
- Kuehne + Nagel International AG
- United Parcel Service Inc.
- XPO Logistics Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
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SOURCE Technavio
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