The logistics market reached a value of US$4.92 trillion in 2021 and is expected to reach US$6.55 trillion by 2027, exhibiting a CAGR of 4.7% during 2022-2027.
Sheridan, Wyoming, United States, March 7, 2022 /EINPresswire.com/ — According to the IMARC Group’s latest report, titled “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” Provides a comprehensive analysis of the industry, including insights on the size of the global logistics market. The report also includes competitive and regional analysis and contemporary developments in the global market.
The global logistics market is expected to reach a value of US$4.92 trillion in 2021. Looking ahead, the IMARC Group expects the market to reach US$6.55 trillion by 2027, exhibiting a CAGR of 4.7% during 2022-2027. Logistics represents the process of planning and coordinating resources from the place of origin to the place of consumption. This process provides for efficient and efficient transportation as well as storage of goods and services. Some of the common components of logistics include inventory management, material management, warehousing, inbound and outbound transportation, etc.
We are regularly tracking the direct impact of COVID-19 on the market along with the indirect impact of allied industries. These comments will be integrated into the report.
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Important feature and salient features of the report:
• Detailed analysis of global market share
• market segmentation
• Historical, current and estimated size of the market in terms of volume and value
• Latest Industry Trends and Developments
• competitive landscape
• Strategies for Key Players and Product Offerings
Global Logistics Market Trends:
Increasing levels of globalization and increasing number of trade agreements are among the primary factors driving the global logistics market. Moreover, the emerging trend of internet retailing and online shopping is providing further impetus to the growth of the market. In addition, the introduction of several initiatives by government bodies aimed at promoting international trade activities is increasing the demand for logistics to facilitate import and export activities. Moreover, continuous technological advancements including integration of biometrics, GPS tracking, automated material handling equipment etc. with logistics services are also affecting the global market positively. Additionally, the expanding e-commerce industry and the growing number of warehouses as well as warehousing facilities are projected to propel the logistics market in the coming years.
The report by IMARC Group has also analyzed the competitive landscape of the market with some of the top logistics companies
• JB Hunt Transport, Inc.
• CH Robinson Worldwide, Inc.
• CEVA Logistics
• FedEx Corp.
• United Parcel Service, Inc.
• Expeditors International of Washington Inc.
• XPO Logistics Inc.
• Kenko Group Inc.
• Deutsche Post DHL Group
• Americold Logistics, LLC
• DSV Panelpina A/S
Major Market Segmentation:
Breakup by Transport Mode:
• Sea Route
Model type breakup:
• 2 pl
• 3 pl
• 4 pl
Breakup by End-Use:
• consumer goods
• Food & Beverage
• 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 (UAE, Saudi Arabia, Qatar, Iraq, others)
Explore full report with list of TOC and drawings: https://www.imarcgroup.com/logistics-markets
Highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Impact of COVID-19 on the Market
• Porter’s Analysis of the Five Forces
• Historical, current and future market trends
• Market Drivers and Success Factors
• SWOT analysis
• Market Structure
• value chain analysis
• Comprehensive mapping of the competitive landscape
TOC to report:
• Scope and Methodology
• executive Summary
• Global Market
• SWOT analysis
• value chain analysis
• value analysis
• competitive landscape
Note: If you require specific information that is not currently within the scope of the report, we may provide it to you as part of the customization.
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