Global Logistics Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2018–2027

The Logistics Market Report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.

The Logistics Market report has been segmented on the basis of transportation type, logistic type, end-user, and region.

This Logistics Market report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources.

Our researchers have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.

In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.

Logistics Market Overview:

The Logistics Market was valued at $645.4 billion in 2021 & is projected to reach $1456.8 billion by 2027. It is expected to grow at a 5.8% CAGR between 2021 and 2027.

The global logistics market is obtaining a positive impact on the growing global supply chain, and continuous advancements in technology are also expected to aid the efficiency of operations in the long run.

The extension of the global logistics market is directly related to the development of international trade flow and economic conditions. It also includes the integration of information, warehousing, transportation, inventory, packaging, material handling, and security.

Logistics Market Dynamics:

The global logistics market is estimated to grow at a significant rate, owing to increasing trade activities across the globe, growing e-commerce industry in developing economies, increasing trade-related contracts, and technological advancements in the transportation sector over the forecast period.

In addition, advancements in information technology and the transportation sector are some factors propelling the growth of the market over the forecast period.

Whereas increasing pollution levels, excess inventory costs, and minimal warehousing space are expected to hamper the growth of the global logistics market to a certain extent. Moreover, the adoption of eco-friendly logistic solutions is creating opportunities for the players in the target market.

Logistics Market Segment Analysis:

The global logistics market has been segmented on the basis of transportation type, logistic type, end-user, and region. On the basis of transportation type, the market is segmented into airways, waterways, railways, and roadways.

On the basis of logistics type, the market is segmented into the first party, second party, and third party. On the basis of end-user, the market is segmented into Industrial and Manufacturing, Retail, Healthcare, Oil & Gas, and Others (Media and Entertainment).

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa.

Logistics Market Regional Analysis:

The market in the Asia Pacific is projected to dominate the global logistics market, owing to the presence of a strong manufacturer base in the region. Moreover, the increasing adoption of outsourced logistics services is propelling the growth of the regional market over the forecast period.

Increasing urbanization, stable economic conditions, and increasing import and export trade activities are increasing the demand for logistic services in the region. The market in North America is estimated to experience substantial growth owing to intra-region trade activities.

In addition, rising demand for foreign goods from various regional markets is helping to build better trade relations within neighboring regions fueling the growth of the global logistics market over the forecast period.

Global Logistics Market Segmentation:

Global logistics market by transportation type: -

• Airways
• Waterways
• Railways
• Roadways

Global logistics market by logistic type: -

• First Party
• Second Party
• Third-Party

Global logistics market by end-user: -

• Industrial and Manufacturing
• Retail
• Healthcare
• Oil & Gas
• Others (Media and entertainment)

Global logistics market by region: -

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa