Report Description
A recent market research report published by Data Insights Partner in Logistics Market provides in-depth analysis of segments and sub-segments at regional and international level. The research study also emphasizes the impact of restraints, drivers, and macro indicators on the regional and global logistics market over both the short and long term. A detailed presentation of forecasts, trends and dollar values of the international logistics market is offered.
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Market Insights:
According to the report, the logistics market is expected to grow at a CAGR of 6.12% during the forecast period. The global logistics market was valued at US$ XX.X million in 2019 and is expected to reach US$ XX.X million in 2031, growing at a significant CAGR rate during the forecast period. One of the key development drivers for the global logistics industry during the forecast period is the increasing need for collaborative logistics operations. In addition, the global e-commerce business is expected to accelerate the market expansion. Furthermore, it is expected that the growing R&D activities and new product launches among the industry participants would create significant potential for the global logistics market. The overall expansion of the logistics business is driven by increasing demand for consumer goods, prescription drugs, beverages and other goods and services. Also, the intensive efforts of the competitors in the logistics business to offer effective last-mile deliveries are accelerating the overall growth of the industry. Increasing e-commerce trends and the convenience they offer have attracted a sizable population to purchase a wide range of goods. These elements are considered to be the main driving forces behind the expansion of the logistics market. Due to the growing economic activities between the American and European countries, the American and European countries offer prospects for the overall growth of the logistics industry. Additionally, the logistics sector as a whole is expanding thanks to the growing e-commerce market in North America. Additionally, European nations spend money on research and development for the logistics industry. Additionally, the availability of staff and projected infrastructure across the region offers European nations a profitable opportunity for the expansion of the logistics sector as a whole. The increasing dependence of the region on the e-commerce sector and tendencies towards it are promoting the expansion of the logistics market. In addition, the availability of staff and projected infrastructure across the region offers European nations a profitable opportunity for the expansion of the logistics sector as a whole. The region’s increasing dependence on the e-commerce sector and tendencies towards it are driving the expansion of the logistics market. In addition, the availability of staff and projected infrastructure across the region offers European nations a profitable opportunity for the expansion of the logistics sector as a whole. The region’s increasing dependence on the e-commerce sector and tendencies towards it are driving the expansion of the logistics market.
Research methodology:
In order to craft the detailed study of the global Logistics Market a robust research methodology has been adopted, which helps in determining the key insights and also assesses the growth prospects of the Logistics Market. Extensive and iterative research methodology focused on minimizing variance to provide the most accurate estimates and forecasts possible. The company uses a combination of bottom-up and top-down approaches to segment and estimate quantitative aspects of the market. Our research methodology implements a mix of primary and secondary research. Our projects are initiated with secondary research, where we refer to a variety of sources including trade databases; Government-released documents, investor presentations, Company annual reports, industry papers and paid databases. To conduct secondary research,
COVID-19 Scenario Analysis:
The outbreak of COVID-19 has shaken the entire world economy. In this scenario, some industries are doing reasonably well while others have been crushed. This section of the report examined the overall status of the COVID-19 scenario. The industry experienced a huge drop in sales. Likewise, the logistics market has been negatively impacted by the closure of production/processing facilities for some time. The analysts have also focused on the key actions the companies are taking to withstand the harsh scenario.
Covered segment:
Logistics Market Compound annual growth rates for all segments have also been provided for 2019 to 2031. This report is a compilation of first-hand information, qualitative and quantitative assessments from industry analysts, input from industry experts and industry participants across the value chain.
Key segments:
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Logistics market research report provides in-depth coverage of the industry with estimates and forecasts from 2022 to 2031 for the following segments:
Logistics Market, by Mode of Transport, 2022-2031 (USD Million)
- respiratory tract
- waterways
- railways
- lanes
Logistics Market, by Logistics Type, 2022-2031 (in million USD)
- First party
- second party
- Third party providers
Logistics Market, by End User, 2022-2031 (USD Million)
- industry and manufacturing
- retail trade
- healthcare
- Oil & Gas
Report Highlights:
The main objective of the Logistics Market report is to help the user to understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges faced by the market with different major regions and more than 30 major countries across the globe. Extensive research and analysis was carried out during the preparation of the report. This research will help readers gain a thorough understanding of the market.
Logistics Market, by Region, 2022-2031 (in million USD)
- North America (United States, Canada, Mexico)
- Europe (Germany, UK, France, Italy, Russia, Spain and Rest of Europe)
- South Asia (India, Pakistan and Bangladesh)
- East Asia (China, Japan and South Korea)
- Southeast Asia (Indonesia, Thailand, Singapore, Malaysia, rest of Southeast Asia)
- Middle East (Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
- Africa (Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
- South America (Brazil, Argentina, Colombia, Chile and Rest of SA)
- Oceania (Australia and New Zealand)
Company profile:
In order to strengthen their position in the global market, key suppliers/manufacturers focus on business expansion and product innovation. Manufacturers/producers are also working to increase their manufacturing capacity and product quality to gain a competitive advantage. The following are some of the leading manufacturers in the global logistics market:
- MÖLLER-MAERSK
- H.Robinson Worldwide Inc.
- DSV (DSV Panalpina)
- FEDEX
- GEODIS
- Kuehne+Nagel
- Nippon Express
- United Parcel Service Inc. (UPS)
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Highlights of the Logistics Market Report:
- Detailed analysis of the parent market
- The strategies and products of the major players deployed in the competitive landscape
- Market segmentation in depth analysis
- Market size in terms of volume and value, past, present and future scenarios
- Potential and special areas as well as geographic regions with promising growth prospects
- Market participants use this information to maintain and grow their market presence, so it is important to have an unbiased perspective on market performance.
- Recent advances and technological trends in the industry