Comprehensive Scope of Logistics Market by 2023

[Mayur Yewale]

The logistics market is anticipated to grow rapidly at a CAGR of 7.2% during the forecast period. The global logistics market is driven by huge demand for logistics services due to the economic growth and urbanization. These factors have helped shape the logistics market and are expected to boost the growth. Companies in the logistics market could also face challenges such as lack of skilled human resource and restricted market environment in some regions. The details covered in the logistics market report cover all the aspects of the industry. Logistics market analysts have also shared growth projections in the report and have suggested logistics market players to plan growth strategies accordingly.

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Market Segmentation

The global logistics market has been segmented based on transportation type, end user, and logistic type. On the basis of type, the market for logistics is segmented based on railways, airways, waterways, and roadways. Additionally, the market on the basis of logistic type, is segmented into first party, third party, and second party. The global market for logistics is also covered based on the end user segment which is further split into healthcare, industrial and manufacturing, retail, oil & gas.

Factors like increasing trade activities between the Americas and Europe and driving the growth of the market in this region support the logistics market growth. The performance of the logistics market has also been studied for the past and current years. Additionally, the logistics market report provides analysis of these segments. The logistics market segmental analysis provided in the report offers major details about the logistics market performance and future.

Regional Overview

Companies in the logistics market are spread across the world. The logistics market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American logistics market has many companies across the United States, Canada, and Mexico. Europe has companies in the logistics market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the logistics market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The logistics market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the logistics market can be found in the market research report.

Competitive Landscape

Supported by growing demand for foreign products in Indonesia, Thailand, and India, the logistics industry has improved trading ties with the U.S. Europe—Europe. The population growth around the world and increasing demand of logistics market based services and products also support the market growth. However, the logistics market growth can be affected due to poor distribution network as well as high competition in regions. The report covers all such details which will help companies in the logistics market to strengthen their business plan and improve their product portfolio. The logistics market research report also provides company profiles of major companies. The company profiles of many organizations operating in the logistics market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the logistics market. New companies and established businesses can plan their strategies based on this data provided in the logistics market research report.

Key Players

The forefront players of the global logistics market are GEODIS (France), Ceva Holdings LLC (U.K.), C.H. Robinson Worldwide, Inc. (U.S.), FedEx Corp. (U.S.), Expeditors International of Washington, Inc. (U.S.), XPO Logistics Inc. (U.S.), DHL International GmbH (Germany), A.P. Moller – Maersk (Denmark), DSV Global Transports and Logistics (Denmark), Schenker AG (Germany), DTDC Express Limited (India) and other.

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