The Europe Freight and Logistics Market size is estimated at USD 126.85 billion in 2024, and is expected to reach USD 154.70 billion by 2029, growing at a CAGR of 4.05% during the forecast period (2024-2029).
The logistics market landscape of Central and Eastern Europe is fragmented in nature, with a mix of global and regional players. Many major Western European companies have factories in CEE because the cost of labor is low. It is known that Western Europe is home to some of the Global logistics giants. The aforementioned scenario has brought many western logistics players into the current market. Additionally, regional and global developers are adding new warehouses and distribution facilities. The facilities and infrastructure can be built and operated at less cost in countries like Poland or the Czech Republic and still serve markets of high-cost countries such as Germany, Switzerland, and France.
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