Global Logistics Market 2023-2027
Technavio has been monitoring the logistics market and is forecast to grow by USD 125.65 bn during 2022-2027, accelerating at a CAGR of 2.12% during the forecast period. Our report on the logistics market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growth of the e-commerce industry, technological advancements in the logistics market, and rising industrialization in emerging economies.
Technavio's logistics market is segmented as below:
By End-user
- Consumer goods
- Automotive
- Food and beverage
- Healthcare
- Manufacturing and others
By Mode of transportation
- Roadways
- Waterways
- Railways
- Airways
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies e-commerce and omnichannel fulfillment as one of the prime reasons driving the logistics market growth during the next few years. Also, digitization and automation in the logistics process and sustainability and green logistics will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the logistics market covers the following areas:
- Logistics market sizing
- Logistics market forecast
- Logistics market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading logistics market vendors that include AP Moller Maersk AS, C H Robinson Worldwide Inc., CMA CGM SA, Deutsche Bahn AG, Deutsche Post AG, DSV AS, Emirates Logistics LLC, FedEx Corp., J B Hunt Transport Services Inc., Jenae Logistics LLC, Kenco Group Inc., Kuehne Nagel Management AG, Lineage Logistics Holdings LLC, Mac World Logistic LLC, NFI Industries Inc., Ryder System Inc., Schneider and Cie. AG, United Parcel Service Inc., XPO Inc., and Nippon Express Holdings Inc.. Also, the logistics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.