The latest report by IMARC Group, titled “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global logistics industry. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
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.
Request Free Sample Report: https://www.imarcgroup.com/logistics-market/requestsample
Logistics comprises of the numerous processes that entail planning and coordinating resources as well as services. It generally includes various components, such as inventory management, material handling, inbound and outbound transportation, warehousing, etc. In addition to this, logistics offers effective transportation and storage of goods and services. It also focuses on the proper functioning of an organization or a business. Consequently, logistics finds wide-ranging applications across several industries, including manufacturing, construction, oil and gas, telecommunications, food and beverage (F&B), etc.
Competitive Landscape:
By IMARC group the report has also analyzed the competitive landscape of the market with some of the top 10 logistics companies being
J.B. Hunt Transport, Inc.
Establishment: 1961
Headquarters: Lowell, Arkansas, United States
C.H. Robinson Worldwide, Inc.
Establishment: 1905
Headquarters: Eden Prairie, Minnesota, United States
CEVA Logistics
Establishment: 1946
Headquarters: United Kingdom
FedEx Corp.
Establishment: 1973
Headquarters: Memphis, Tennessee, United States
United Parcel Service, Inc.
Establishment: 1907
Headquarters: Atlanta, Georgia, United States
Expeditors International of Washington Inc.
Establishment: 1979
Headquarters: Seattle, Washington, United States
XPO Logistics Inc.
Establishment: 2011
Headquarters: Greenwich, Connecticut, United States
Kenco Group Inc.
Establishment: 1950
Headquarters: Chattanooga, Tennessee, United States
Deutsche Post DHL Group
Establishment: 1969
Headquarters: Bonn, Germany
Americold Logistics, LLC
Establishment: 1903
Headquarters: Atlanta, Georgia, United States
DSV Panalpina A/S
Establishment: 1976
Headquarter: Denmark
Global Logistics Market Trends:
The inflating popularity of online shopping, on account of the expanding e-commerce industry, is primarily driving the logistics market. Additionally, the widespread adoption of technology-driven services is further catalyzing the market growth. Besides this, the launch of various favorable policies by government bodies across countries aimed at promoting international and intranational trade activities is augmenting the utilization of logistics to keep pace with the rising needs of importers and exporters, which, in turn, is acting as another significant growth-inducing factor.
Moreover, the escalating demand for Internet of Things (IoT)-enabled connected devices that aid in transferring the data via digital networks while ensuring safety and security is also stimulating the global market. Apart from this, the introduction of numerous advanced technologies, including automated material handling equipment, biometrics, GPS, etc., is anticipated to fuel the logistics market over the forecasted period.
Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/logistics-market
Key Market Segmentation:
Breakup by Transportation Mode:
- Roadways
- Seaways
- Railways
- Airways
Breakup by Model Type:
- 2 PL
- 3 PL
- 4 PL
Breakup by End-use:
- Consumer Goods
- Retail
- Food And Beverages
- IT Hardware
- Healthcare
- Chemicals
- Construction
- Automotive
- Telecom
- Oil & Gas
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Get in Touch with our Expert Team for Inquire or further information: https://www.imarcgroup.com/request?type=report&id=984&flag=C
Key highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current, and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Explore the Latest Research Reports by IMARC Group 2023:
Rolling Stock Market Research Report
Electric Vehicle Market Research Report
Hard Seltzer Market Research Report
Carbon Black Market Price Report
North America Healthcare Cold Chain Logistics Market Research Report
North America Online Food Delivery Market Research Report
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com