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Logistics Market Analysis, Size, Share, Trends, Growth, Key Players, Outlook, and Research Report 2022-2027
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The latest report by IMARC Group, titled “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global logistics market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global logistics market reached a value of US$ 4.92 Trillion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.55 Trillion by 2027, exhibiting at a CAGR of 4.7% during 2022-2027. Logistics represents the detailed process of managing storage, procurement, and movement of resources from the point of origin to that of consumption. It can be categorized into several services, including Third-Party Logistics (3PL), Fourth-Party Logistics (4PL), reverse logistics, green logistics, construction logistics, digital logistics, military logistics, etc. Logistics operations mainly cover material handling, inbound and outbound transportation, inventory management, warehousing, etc. They assist in improving operational efficiency, maintaining supply chains, reducing overhead transportation costs, etc. As a result, logistics services find widespread applications across numerous sectors, including healthcare, manufacturing, food and beverage (F&B), fast-moving consumer goods (FMCG), consumer electronics, retail, IT,
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Sample Report: https://www.imarcgroup.com/logistics-market/requestsample
Important Attributes and Highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape
- Strategies of major players and product offerings
Global Logistics Market Trends:
The expanding e-commerce industry and the increasing levels of international trade activities are primarily driving the logistics market. In line with this, the inflating construction of new outlets in developing countries by the international retailers to meet the surge in consumer demand, face the fierce competition, and earn sustainable profits by ensuring swift product delivery is also positively influencing the global market. Additionally, the escalating inclination towards multimodal logistics transportation that provides lower costs per vehicle, reduced customs controls, and decreased cargo-handling time is further catalyzing the market growth. Besides this, the launch of favorable policies by the government bodies to invest in the distribution centers, free zones, modernization of the existing seaports, freight terminals, etc., and the incorporation of logistics with various technologies, such as the Internet of Things (IoT), Artificial Intelligence (AI), and blockchain, are also stimulating the market across the globe. Moreover, the growing popularity of driverless vehicles and drones for enhancing operational efficiency and duration of logistical services is acting as another significant growth-inducing factor. Apart from this, the development of automated material handling equipment and the emerging trend of GPS-enabled and RFID-based devices are expected to bolster the logistics market in the coming years. the growing popularity of driverless vehicles and drones for enhancing operational efficiency and duration of logistical services is acting as another significant growth-inducing factor. Apart from this, the development of automated material handling equipment and the emerging trend of GPS-enabled and RFID-based devices are expected to bolster the logistics market in the coming years. the growing popularity of driverless vehicles and drones for enhancing operational efficiency and duration of logistical services is acting as another significant growth-inducing factor. Apart from this, the development of automated material handling equipment and the emerging trend of GPS-enabled and RFID-based devices are expected to bolster the logistics market in the coming years.
By IMARC group the report has also analyzed the competitive landscape of the market with some of the top logistics companies being
- JB Hunt Transport, Inc.
- CH 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
- American Logistics, LLC
- DSV Panalpina A/S
Key Market Segmentation:
Breakup by Transportation Mode:
Breakup by Model Type:
- 2 PL
Breakup by End-use:
- Consumer Goods
- Food And Beverages
- IT Hardware
- Oil & Gas
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)
Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/logistics-market
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- 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
TOC for the Report:
- Scope and Methodology
- Executive Summary
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- 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.
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.
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