Global Logistics and Warehousing Market Outlook to 2027
The report provides a comprehensive analysis of the potential of the Logistics and Warehousing industry in the Global. The report covers an overview and genesis of the industry, and market size in terms of revenue generated
Its market segmentations include By End-Users, By Domestic/International, by type of Mode, By Type of Fleet, By Warehouse Space, By Business Model, By Type of Shipment, growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the Global Logistics and Warehousing Market – is largely driven by flourishing e-commerce industry, increasing demand for express delivery, good data quality and extensive automation and the initiatives taken by the government.
global-logistics-and-warehousing-market-chart
UPS may be the biggest success story for big data in the logistics industry. Through data collection, analysis, and demand forecasting, the company has made massive strides in operational efficiencies and cost savings
China has been by far the top export partner, in terms of value, with export value crossing ~USD 14 Bn approx. in 2021. Exports to countries, such as South Korea and the US have also witnessed double-digit growth during 2019-21
Since 2001, Maersk has provided professionally designed professional warehousing and distribution services to satisfy the demands of this discerning client to international pharmaceutical players in Central Europe.
Key Trends by Market Segment:
By mode of Freight:
International Freight accounted for major share in Global Logistics and Warehousing Market in 2022.
By type of Mode:
Driven by world-class seaports, centrally located airports, and an extensive, and modern network of roads and highways, Logistics and Warehousing infrastructure and presence of major Logistics and Warehousing services are advantages for businesses to set their operations globally.
Competitive Landscape
Global Logistics and Warehousing Market is in the growing stage, being driven by rising demand from manufacturing along with increasing Government Initiatives. The competition scenario is highly fragmented with some of the major players namely DHL, Move Logistics and Warehousing, Halls Group, NZ post, Toll Group, and FedEx. and more.
Future Outlook
Increasing infrastructural development, increasing foreign investments and booming e-commerce. The logistics industry is likely to witness entry of new players and new mergers and acquisition between the players. In addition to this, increasing investments in the manufacturing sector aiming to promote economic diversification will pave a path of growth trajectory for logistics and warehousing market globally.
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