GlobalLogistics Marketsize was valued at US$ 13.39 Bn. in 2021 and the total revenue is expected to grow at CAGR 7.20% through 2021 to 2029, reaching nearly US$ 23.36 Bn.
The report also helps in understandingLogisticsMarketdynamics, structure by analyzing the Market segments and projects the Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Product portfolio, growth strategies, and regional presence in theLogisticsMarket make the report investors.
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Market Scope:
We investigated theLogisticsMarket from every angle, including both primary and secondary research methods. This improved our grasp of currentMarketdynamics such as supply-demand imbalances, pricing trends, product preferences, consumer behaviors, and so on. Following that, the data is collated and evaluated using a variety ofMarketestimation and data validation approaches. In addition, we have an in-house data forecasting approach that predictsMarketgrowth until 2027.
Our experts compiled and summarised the evaluation of the impact of ideas onMarketactivity. The analysis covers data based on historical and presentMarketcircumstances, as well as other aspects impacting theMarket's development path. It includes the most recent and up-to-date information on the worldwideLogisticsMarketlandscape. Demand, revenue projections, volume, share, growth, kinds, applications, and sales are all included in the report. The research looks into a variety of essential restrictions, including item pricing, manufacturing capacity, profit and loss figures, and distribution tactics.
LogisticsMarket Overview:
TheMarketresearch reportLogisticsexamines and evaluates theMarket's position during the predicted period. It is a thorough investigation that focuses on fundamental and secondary drivers,Marketshare, leading segments, and geographic analysis. The research also looks at key individuals, large collaborations, mergers, and acquisitions, as well as contemporary innovation and business strategy.
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Segmentation:
The Logistics Market is divided into Railways, Roadways, Waterways, and Airways based on the mode of transportation. In 2021, the Roadways Transportation category had the most market share (33.19%). Because it is frequently moved to different regions, road transport has a substantial impact on many different product industries. Roadway transport is the least expensive form of long-distance transport, hence it is anticipated that this market sector will rule the Logistics industry during the time of forecasting.
During the projected period, the Airways Transportation segment is anticipated to expand quickly, at a CAGR of 5.48%. Since 2004, global air logistics traffic has increased sporadically, peaking in 2021 at 0.0612 billion metric tonnes.
The logistics market is divided into first party, second party, and third-party logistics based on the logistical type. During the anticipated period, the Third-Party logistics category held the biggest market share, accounting for 39.24%. Adopting a third-party logistics solution allows manufacturers to outsource operational logistics from warehousing and delivery so they may concentrate on other areas of their businesses since they are unable to monitor every operation at the warehouse and transportation. Because third-party logistics are more practical and effective, they promote corporate expansion and are anticipated to become increasingly essential to operations during the projected period.
Key Players:
J.B. Hunt Transport Inc.
C.H. Robinson Worldwide, Inc.
CEVA Logistics
FedEx Corp.
United Parcel Service, Inc.
Expeditors International of Washington Inc.
XPO Logistics Inc.
Kenco Group Inc.
Deutsche Post DHL Group
Americold Logistics
LLC
DSV Panalpina A/S.
Moller Maersk
Geodis
Nippon Express
The study also includes company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information for the worldwide leading industry players in theLogisticsMarket. This research looks at the Market Trend, volume, and value on a global, regional, and corporate level. This report illustrates the whole Market Size from a worldwide perspective by considering historical data and prospects. The report investigates and ranks importantMarketfirms. The players highlighted in this report are as follows:
Regional Analysis:
The report provides a thorough overview of the industry, including both qualitative and quantitative data. It provides an overview and forecast of the globalMarketby segment. It also providesMarketsize and forecast estimations for five main regions from 2021 to 2027, including North America, Europe, Asia-Pacific, the Middle East Africa, and South America. TheMarketin each area is further segmented into regions and segments. The study examines and anticipates several nations, as well as current trends and opportunities in the area.
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COVID-19 Impact Analysis on Market:
We thoroughly researched and analyzed the Global Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the globalLogisticsindustry's potential, providing statistical data onMarketdynamics, growth factors, major challenges, PORTAL analysis, andMarketentry strategy analysis, opportunities, and forecasts. The primary goal of the research is to provide enterprises in the industry with a strategic analysis of the impact of COVID-19. Simultaneously, this research investigated theMarketplaces of significant nations and presented theirMarketpotential.
Key Questions Answered in the Market Report are:
- What are the most potential high-growth prospects in the worldwide industry, broken down by product type, end user, and region?
- WhichMarketcategories will grow the most rapidly, and why?
- Which regions will grow faster, and why?
- What are the major factors impactingMarketdynamics? What are theMarket's major drivers and challenges?
- What are the business risks and dangers in theMarket?
Reasons to Purchase the Market Report :
The Maximize Market Research (MMR) report contains a wealth of information aboutMarketdynamics and prospects for the anticipated time frame.
Segments and sub-segments exist for quantitative, qualitative, and value (USD Million) data.
Data on supply and demand trends at the national, regional, and sub-regional levels are provided.
The competitive landscape presents current innovations and strategies as well as theMarketshares of the leading rivals.
Companies that offer a variety of goods, financial information, cutting-edge technology, SWOT analyses, and business ideas.
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