Logistics Market Size, Share & Analysis Report, 2023-2032
The global logistics market size was exhibited at USD 10.68 trillion in 2022 and is projected to hit around USD 18.35 trillion by 2032, growing at a CAGR of 5.49% during the forecast period 2023 to 2032.
Key Pointers:
Logistics Market Report Scope
|
Report Coverage |
Details |
|
Market Size in 2023 |
USD 10.75 trillion |
|
Market Size by 2032 |
USD 18.35 trillion |
|
Growth Rate From 2023 to 2032 |
CAGR of 5.49% |
|
Base Year |
2022 |
|
Forecast Period |
2023 to 2032 |
|
Segments Covered |
By Transportation Type, By Logistics Type and By End User |
|
Market Analysis (Terms Used) |
Value (US$ Million/Billion) or (Volume/Units) |
|
Regional Scope |
North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
|
Key Companies Profiled |
United Parcel Service Inc. (UPS), MOLLER – MAERSK, DSV (DSV Panalpina), Robinson Worldwide Inc., FEDEX, Kuehne+Nagel, GEODIS, Nippon Express and Others. |
Logistics is widely known as the process of coordinating and moving resources, such as equipment, food, liquids, inventory, materials, and people, from one location to the storage of the desired destination. It is the management of the flow of goods from one point of origin to the point of consumption, to meet the requirement of customers. Logistics management focuses on the efficiency and effective management of daily activities concerning the production of the company’s finished goods and services. This type of management forms a part of the supply chain management; and plans, implements, & controls the efficient, effective forward, reverse flow, and storage of goods. Logistics mainly comprises various services such as Third-Party Logistics (3PL), Fourth-Party Logistics (4PL), inbound logistics, outbound logistics, reverse logistics, green logistics, construction logistics, digital logistics, military logistics, and others logistics services.
The factors, such as growing e-commerce industry coupled with rise in reverse logistics operations and rise in trade related agreements, fuel the market growth. In addition, rise of tech-driven logistics services and growing adoption of IoT-enabled connected devices are also expected to drive the market growth. However, lack of control of manufacturers on logistics service, poor infrastructure, and higher logistics costs hinder the market growth. Further, emergence of last mile deliveries, logistics automation, and cost cutting & lead time reduction due to adoption of multi-modal system are some of the factors that are anticipated to foster the market growth.
The market is segmented on the basis of mode of transport, end use, and region. On the basis of mode of transport, the market is divided into railways, airways, roadways, and waterways. On the basis of end use, it is categorized into healthcare, manufacturing, aerospace, telecommunication, government & public utilities, banking & financial services, retail, media & entertainment, technology, trade & transportation, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
E-commerce refers to the buying and selling of goods by using internet. Third-party logistics service providers encompass shipping of products to consumers. In addition, the e-commerce industry utilizes logistics service to manage and oversee the supply chain of e-commerce companies, which allow these companies to focus on marketing and other business operations. Thus, due to numerous benefits provided by logistics to the e-commerce industry, adoption of logistics service is rising at a significant rate, which is driving the growth of the logistics market. For instance, according to the latest report by the UN’s trade and development body (UNCTAD) released on April 2020, e-commerce sales hit $26.6 trillion globally in 2018, which was equivalent to 32% of the global gross domestic product (GDP). The value of global B2B e-commerce in 2018 was $21 trillion, representing 83% of all e-commerce, whereas B2C e-commerce was valued at $4.4 trillion. The growth is attributed to fast growth in consumers and cross-border purchases. According to a report, more than 1.9 billion people shopped online in 2018 while the U.S., China, and Japan dominate e-commerce sales to consumers.
Some of the prominent players in the Logistics Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Logistics market.
By Transportation Type
By Logistics Type
By End User
By Region
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Logistics Market
5.1. COVID-19 Landscape: Logistics Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Logistics Market, By Transportation Type
8.1. Logistics Market, by Transportation Type, 2023-2032
8.1.1 Airways
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Waterways
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Railways
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Roadways
8.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Logistics Market, By Logistics Type
9.1. Logistics Market, by Logistics Type, 2023-2032
9.1.1. First Party
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Second Party
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Third Party
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Logistics Market, By End User
10.1. Logistics Market, by End User, 2023-2032
10.1.1. Industrial and Manufacturing
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Retail
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Healthcare
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Oil & Gas
10.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Logistics Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.1.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.1.3. Market Revenue and Forecast, by End User (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.1.4.3. Market Revenue and Forecast, by End User (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.1.5.3. Market Revenue and Forecast, by End User (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.2.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.2.3. Market Revenue and Forecast, by End User (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.2.4.3. Market Revenue and Forecast, by End User (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.2.5.3. Market Revenue and Forecast, by End User (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.2.6.3. Market Revenue and Forecast, by End User (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.2.7.3. Market Revenue and Forecast, by End User (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.3.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.3.3. Market Revenue and Forecast, by End User (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.3.4.3. Market Revenue and Forecast, by End User (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.3.5.3. Market Revenue and Forecast, by End User (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.3.6.3. Market Revenue and Forecast, by End User (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.3.7.3. Market Revenue and Forecast, by End User (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.4.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.4.3. Market Revenue and Forecast, by End User (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.4.4.3. Market Revenue and Forecast, by End User (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.4.5.3. Market Revenue and Forecast, by End User (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.4.6.3. Market Revenue and Forecast, by End User (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.4.7.3. Market Revenue and Forecast, by End User (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.5.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.5.3. Market Revenue and Forecast, by End User (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.5.4.3. Market Revenue and Forecast, by End User (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Transportation Type (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Logistics Type (2020-2032)
11.5.5.3. Market Revenue and Forecast, by End User (2020-2032)
Chapter 12. Company Profiles
12.1. United Parcel Service Inc. (UPS)
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. MOLLER – MAERSK
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. DSV (DSV Panalpina)
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Robinson Worldwide Inc.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. FEDEX
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Kuehne+Nagel
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. GEODIS
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Nippon Express
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers