Logistics Market Size, Share, and Growth Analysis

Global Logistics Market

Logistics Market By Service Type (Transportation Services, Warehousing and Distribution Services), By Category (Conventional Logistics, E-Commerce Logistics), By Model, By Type, By Operation, By End-user, By Region - Industry Forecast 2025-2032


Report ID: SQMIG20R2036 | Region: Global | Published Date: May, 2025
Pages: 194 |Tables: 155 |Figures: 73

Format - word format excel data power point presentation

Logistics Market Insights

Global Logistics Market size was valued at USD 70.94 Billion in 2023 and is poised to grow from USD 78.74 Billion in 2024 to USD 187.45 Billion by 2032, growing at a CAGR of 11% in the forecast period (2025-2032).

The international transportation and supply chain industry has experienced a quick development with increased demand for efficient distribution systems and e-commerce. Increased focus on just-in-time delivery systems and rapid establishment of business through digitalization have pushed firms to adopt new technology, such as automation and data analytics, in an attempt to enhance efficiency and effectiveness. Infrastructure development has also been supported by government policies aimed at promoting trade and businesses, such that this rapidly increasing sector has been driven by these factors.

Despite the robust growth, the sector is also faced with some challenges that can influence its trajectory. High operation costs, including unstable fuel prices and labor charges, are major obstacles to organizations. Moreover, the scattered nature of service suppliers can cause inefficiencies, particularly in regions with scattered infrastructure. Complexity in cross-border regulation also causes delays and high compliance costs, which are hindrances to business initiatives to increase scale of operations.

However, there is still scope for growth on a large scale. The move towards sustainability has spurred investment in green technologies, such as electric and self-driving cars, which can lower carbon emissions. New markets for trade are emerging quickly in emerging markets, opening up new frontiers for international cooperation. In addition, the confluence of artificial intelligence, blockchain, and the Internet of Things (IoT) is transforming conventional practices, such as being able to monitor and analyze forecasts in real time to improve operating precision and customer satisfaction.

How is Artificial Intelligence Transforming the Logistics Market Landscape?

Artificial intelligence is transforming logistics by improving operating effectiveness and decision-making. Route optimization algorithms based on AI have saved more than 15% of fuel every year, and predictive maintenance systems save 20–30% on maintenance costs by detecting faults before they cause downtime. UPS is one of the organizations that have used AI-based systems like ORION, reducing the driver miles by 100 million miles every year, which translates to substantial savings on fuel cost and reduced emissions.

All over the world, governments are acknowledging the pioneering role of AI in logistics. The European Union's AI Act, to go into effect from August 2024, is intended to facilitate the deployment of responsible AI across industries, including logistics. In China, the setting up of an AI standardization committee in December 2024 is evidence of the formation of industry standards for AI deployment. These actions demonstrate an international trend towards the organized introduction of AI in logistics, weighing innovation and control.

Market snapshot - 2025-2032

Global Market Size

USD 70.94 Billion

Largest Segment

3PL

Fastest Growth

3PL

Growth Rate

11% CAGR

Global Logistics_Market ($ Bn)
Country Share for North America Region (%)

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Logistics Market Segments Analysis

Global Logistic Market is segmented by Model Type, Service Type, Transportation, Type, End use industry and region. Based on Model Type, the market is segmented into 1 PL, 2 PL, 3 PL, and 4 PL. Based on Service Type, the market is segmented into Transportation Services, Warehousing and Distribution Services, Freight Forwarding Services, Inventory Management Services, Value-Added Logistics Services, Integration & Consulting Services, and Others. Based on Transportation, the market is segmented into Roadways, Seaways, Railways, and Airways. Based on Type, the market is segmented into Inbound Logistic, Outbound Logistic, Forward Logistic, Reverse Logistic, Others. Based on End Use Industry, the market is segmented into Healthcare, Automotive, FMCG, Energy & Utilities, Industrial Machinery & Equipment, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

How is Model Type Segment Shaping the Demand Dynamics in the Logistics Market?

Third-party logistics (3PL) dominates the logistics sector with the growth of global e-commerce creating the need for efficient warehousing, inventory management, and last-mile delivery solutions. Adoption of technologies like AI, IoT, and automation has enabled 3PL service providers to offer real-time tracking, predictive analysis, and optimized routes, making supply chains efficient. DHL and FedEx have adopted such technologies to enable their operations to become streamlined and customer-focused. Globalization of trade has also increased the complexity of supply chains, leading businesses to outsource logistics services to 3PL service providers with the knowledge and expertise to handle international regulations and diverse market conditions. This strategic outsourcing allows businesses to focus on core competencies and leverage the scalability and flexibility offered by 3PL services.

Fourth-party logistics (4PL) is expanding fast as the complexity of global supply chains deepens and there is a need for integrated, technology-driven solutions. The application of advanced technologies such as artificial intelligence (AI), Internet of Things (IoT), and blockchain enables 4PL providers to offer real-time analysis, predictive analysis, and enhanced supply chain transparency, enhancing operations to be more effective and cost-saving. The expansion of e-commerce, with global e-commerce sales of USD 28 trillion in 2024, also enhances the need for effective, end-to-end logistics solutions that 4PL providers are best positioned to offer. Strategic purchases such as DSV's acquisition of Deutsche Bahn's Schenker unit also reflect the industry's quest to develop capabilities and meet evolving global trade needs. All of these factors combined drive the strong growth path of the 4PL market.

What strategies are transportation providers adopting to optimize modal choices and improve efficiency in the logistics market?

Road transport remains the most common form of transport in international logistics. This is driven by its unmatchable flexibility, for instance, direct service to many destinations, including even remote locations, and delivery to the door. The rise of e-commerce has also driven the demand for efficient last-mile delivery solutions, and road transport is leading the way in meeting such demands.

Shipping in Seaway is the fastest-growing international logistics sector, driven by robust infrastructure expenditure and technological innovation. International seaborne trade grew 5% in 2024, underpinned by major port upgrades in Saudi Arabia and Singapore, enhancing capacity and efficiency. In addition, the adoption of alternative fuels and green corridors by the pioneering shipping operators Maersk and CMA CGM is bringing the sector in line with sustainable goals, a further growth driver.

Global Logistics_Market Analysis by Model Type

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Logistics Market Regional Insights

What makes North America the top market for logistics in 2024?

The logistics industry in North America relies on the power of developed infrastructure, technology adoption, and robust regulatory systems. Effective players such as FedEx and UPS drive 3PL and last-mile pickup innovation. Increasing e-commerce and reshoring are other drivers of demand, with green logistics investment being in sync with environmental objectives, rendering the market more resilient.

The U.S. Logistics Market

The U.S. dominates North America's logistics sector with its robust highway system, high technology adoption, and presence of global logistics giants like FedEx and UPS. Trends include the Infrastructure Investment and Jobs Act, where USD 1.2 trillion has been spent on transport innovation, enhancing freight corridors and ports. E-commerce growth and reshoring of manufacturing drive demand for successful supply chains, while green initiatives like carbon-neutral fleets are gaining momentum.

Canada Logistics Market

Canada's logistics sector is growing steadily on the back of strong trade ties with the U.S. and Asia-Pacific via rail and terminals like Vancouver and Montreal. Investment in online freight platforms enhances efficiency, and government initiatives focus on reducing emissions in freight movement. Use of the National Trade Corridors Fund (USD 2.2 billion) seeks to develop major infrastructure, which will boost cross-border trade and market growth.

How are E-commerce in the Asia Pacific Driving the Growth of the Logistics Market?

Asia Pacific's logistics sector is expanding rapidly, driven by increasing e-commerce, industrialization, and infrastructure growth in China, India, and Southeast Asia. Initiatives by governments, such as China's Belt and Road initiative and India's logistics parks, support connectivity, and technology adoption and increasing consumer demand drive the region's supply chains to efficiency and innovation.​

China Logistics Market

China dominates Asia Pacific logistics through its vast manufacturing hub, vast transportation network, and government programs such as the Belt and Road Initiative (BRI), which is supporting connectivity in global trade. Recent highlights include record investments in intelligent logistics centers and 5G-enabled warehouses. Firms such as SF Express and JD Logistics are leading the way in AI-based automation and green logistics, driving e-commerce growth and cross-border trade efficiency.

India Logistics Market

India's logistics industry is expanding rapidly with government backing from the likes of the National Logistics Policy and the establishment of dedicated freight corridors. Inward investment in multi-modal logistics parks and digital platforms is improving supply chain transparency and lowering costs. Growth drivers are e-commerce growth and growing manufacturing in the form of the "Make in India" initiative. New trends include greater usage of electric vehicles for last-mile delivery and streamlined customs with the Electronic Data Interchange system.

Japan Logistics Market

Japan's logistics industry is technologically advanced with high technology integration and good road and rail infrastructure. The government emphasizes robots and automation to counter labor shortages and enhance productivity. Nippon Express, among others, is developing cold chain logistics to address increasing pharmaceutical and food industry needs. Smart port projects with IoT and AI, enhancing efficiency and sustainability of cargo handling in line with Japan's carbon neutrality target by 2050, are new initiatives.

How is Europe Maintaining Its Position in Logistics Market?

Europe's logistics industry is fueled by sophisticated infrastructure, robust regulatory systems, and sustainability focus. The region has the advantage of highly integrated transport systems throughout the EU, advanced take-up, and increasing demand for green logistics solutions. E-commerce expansion and cross-border trade continue to drive market expansion and innovation.​

Germany Logistics Market

Germany dominates the logistics of Europe with its geographical center, superior infrastructure, and strong industrial base. It is the hub for automotive, manufacturing, and e-commerce logistics. Investments have been made in digital freight platforms and green logistics drive for a 40% reduction in carbon emissions by 2030. Smart mobility and autonomous car testing are promoted by the German government for increased efficiency, while DB Schenker and others are increasing sustainable warehousing and electric transport solutions.

France Logistics Market

France's logistics industry has the support of ports such as Le Havre and Marseille and a vast network of road and rail infrastructure. Green growth and digitalization have the support of the government through its "Logistics 4.0" policy. Trends in the present scenario involve high investment in hydrogen powered freight lorries and multimodal logistics centers, minimizing road transport dependency. Players such as Geodis are embracing AI and IoT to drive supply chain optimization, catering to emerging e-commerce and manufacturing industries.

UK Logistics Market

The UK economy is changing after Brexit with increasing focus on customs efficiency and supply chain resilience. Intelligent logistics warehouses and automation drive growth, as does sustainability with 2050 net-zero carbon targets in mind. The government also encourages innovations like drone delivery and electric vehicle fleets. Visionaries such as Wincanton are expanding last-mile delivery and cold chain logistics to meet increasing e-commerce and pharmaceutical demands despite regulatory challenges.

Global Logistics_Market By Geography
  • Largest
  • Fastest

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Logistics Market Dynamics

Logistics Market Drivers

Growth of Global Trade and International Supply Chains

  • The increase in global trade volume, driven by efforts such as the WTO's 4.7% increase in trade in 2023, drives logistics demand across the globe. Governments spend vast amounts of capital on customs modernization—such as the EU's Union Customs Code and the U.S. Automated Commercial Environment (ACE)—to speed up cross-border flow. Industry giants such as DHL and Maersk exploit these technologies to streamline global supply chains. Trade agreements such as USMCA also increase global connectivity, while the IMO's green shipping regulations compel businesses to resort to green logistics solutions, boosting market growth.

Surge in E-Commerce and Omnichannel Retailing

  • Cross-border e-commerce revenues grew to USD 26.7 trillion in 2024 (UNCTAD), fueling enormous growth in logistics. Governments spend on digital infrastructure, with Singapore spending USD 150 million on intelligent logistics. Governments such as the European Commission invest in zero-emission last-mile delivery pilots, and the US FAA provides drone corridors to speed up fulfillment. Businesses such as FedEx and Amazon use these technologies to deliver faster and more efficiently. Tighter return policies by governments such as the UK's CMA also fuel reverse logistics, causing the size and complexity of the market to increase globally.

Logistics Market Restraints

Infrastructure Bottlenecks and Capacity Constraints

  • Aging infrastructure and capacity bottlenecks in large ports delay shipments and raise shipping rates across the world. In 2024, the American Society of Civil Engineers rated U.S. logistics infrastructure a "C-," whereas the EU spends over USD 30 billion on transport upgrades by 2027. Large ports such as Rotterdam and Los Angeles have 35% longer ship turnaround times. Large-scale investment by logistics giants like DP World in automated terminals, backed by government-funded public-private partnerships, is designed to boost throughput and alleviate bottlenecks critical to international trade continuity.

Rising Fuel Costs and Energy Price Volatility

  • Rising diesel fuel costs, 18% more expensive in 2024 per the U.S. Energy Information Administration, propel logistics costs around the globe. Governments charge more in carbon taxes—Europe's Fit for 55 boosts operating costs—while subsidizing other types of fuel. Japan's USD 500 million initiative to promote hydrogen cars is a case in point. Incumbents such as UPS and DHL leverage such initiatives to electrify fleets, subsidizing the cost in unstable markets. The U.S. Bureau of Transportation Statistics reports a 12% freight rate increase in 2023, a sign of the industry-wide impact of unstable energy prices on supply chains.

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Logistics Market Competitive Landscape

The global logistics sector is highly competitive, with players like DHL, FedEx, Maersk, and UPS putting money into digitalization and sustainability to remain competitive. Governments worldwide are supporting such activity through grants and regulatory incentives; for instance, the EU's Digital Europe Programme spends over USD 9 billion on AI and cybersecurity in logistics. Companies are putting money into automation, blockchain, and IoT to drive transparency and operational efficiency, complementing government-imposed data security standards like the U.S. National Institute of Standards and Technology (NIST) cybersecurity framework. Public-private partnerships are also gaining traction, with governments supporting infrastructure modernization to enable increased capacity. Such strategic initiatives enable companies to realize stricter environmental regulations and shifting customer expectations, driving innovation and competitive differentiation globally.

Top Player’s Company Profiles

  • Amazon.com, Inc.
  • Deutsche Post AG (DHL Group)
  • DSV A/S
  • Kuehne + Nagel International AG
  • A.P. Moller – Maersk A/S
  • C.H. Robinson Worldwide, Inc.
  • J.B. Hunt Transport Services, Inc.
  • XPO Logistics, Inc.
  • GEODIS
  • Nippon Express
  • CEVA Logistics (CMA CGM Group)
  • Toll Group
  • Expeditors International

Recent Developments in Logistics Market

  • In March 2025, Maersk made public its plans to launch its self-sailing container ship, which would cut fuel consumption by 30% and emissions. Supported by Denmark's Maritime Authority with a USD 25 million grant, this technology is anticipated to raise the bar for environmentally friendly shipping in international logistics.
  • DHL unveiled a worldwide green logistics initiative in November 2024 together with the German Federal Ministry for the Environment. The initiative involves the deployment of 1,000 electric delivery vans and the investment of USD 150 million in renewable energy-powered warehouses in Europe in order to meet stringent emission goals by 2030.
  • FedEx rolled out in July 2023 an artificial intelligence predictive maintenance platform in collaboration with the U.S. Department of Transportation. The USD 40 million effort utilizes real-time information in a bid to optimize fleet performance, reduce downtime, and enhance supply chain resiliency in North America.

Logistics Key Market Trends

Logistics Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research. 

Based on SkyQuest analysis, expansion of international trade networks, growth of e-commerce and omnichannel retailing, and rapid digitalization are expected to drive robust growth in the logistics industry through 2032. The market growth, however, is expected to be deterred by issues such as infrastructure bottlenecks, fuel price increases, and shortages of workforce. Huge investments by the government in smart infrastructure, use of renewable sources of energy, and reshaping of the workforce are allowing nations such as North America to maintain their market dominance. Apart from that, advancements in AI-based automation, digital freight platforms, and green logistics solutions are expected to create new opportunities for industry players globally.

Report Metric Details
Market size value in 2023 USD 70.94 Billion
Market size value in 2032 USD 187.45 Billion
Growth Rate 11%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Model Type
    • 1 PL
    • 2 PL
    • 3 PL
    • and 4 PL
  • Service Type
    • Transportation Services
    • Warehousing and Distribution Services
    • Freight Forwarding Services
    • Inventory Management Services
    • Value-Added Logistics Services
    • Integration & Consulting Services
    • and Others
  • Transportation
    • Roadways
    • Seaways
    • Railways
    • and Airways
  • Type
    • Inbound Logistic
    • Outbound Logistic
    • Forward Logistic
    • Reverse Logistic
    • and Others
  • End Use Industry
    • Healthcare
    • Automotive
    • FMCG
    • Energy & Utilities
    • Industrial Machinery & Equipment
    • and Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Amazon.com, Inc.
  • Deutsche Post AG (DHL Group)
  • DSV A/S
  • Kuehne + Nagel International AG
  • A.P. Moller – Maersk A/S
  • C.H. Robinson Worldwide, Inc.
  • J.B. Hunt Transport Services, Inc.
  • XPO Logistics, Inc.
  • GEODIS
  • Nippon Express
  • CEVA Logistics (CMA CGM Group)
  • Toll Group
  • Expeditors International
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Logistics Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Logistics Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Logistics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Logistics Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Logistics Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Logistics Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Logistics Market size was valued at USD 70.94 Billion in 2023 and is poised to grow from USD 78.74 Billion in 2024 to USD 187.45 Billion by 2032, growing at a CAGR of 11% in the forecast period (2025-2032).

The global logistics sector is highly competitive, with players like DHL, FedEx, Maersk, and UPS putting money into digitalization and sustainability to remain competitive. Governments worldwide are supporting such activity through grants and regulatory incentives; for instance, the EU's Digital Europe Programme spends over USD 9 billion on AI and cybersecurity in logistics. Companies are putting money into automation, blockchain, and IoT to drive transparency and operational efficiency, complementing government-imposed data security standards like the U.S. National Institute of Standards and Technology (NIST) cybersecurity framework. Public-private partnerships are also gaining traction, with governments supporting infrastructure modernization to enable increased capacity. Such strategic initiatives enable companies to realize stricter environmental regulations and shifting customer expectations, driving innovation and competitive differentiation globally.'Amazon.com, Inc.', 'United Parcel Service, Inc. (UPS)', 'FedEx Corporation', 'Deutsche Post AG (DHL Group)', 'DSV A/S', 'Kuehne + Nagel International AG', 'A.P. Moller – Maersk A/S', 'C.H. Robinson Worldwide, Inc.', 'J.B. Hunt Transport Services, Inc.', 'XPO Logistics, Inc.', 'GEODIS', 'Nippon Express', 'CEVA Logistics (CMA CGM Group)', 'Toll Group', 'Expeditors International'

The increase in global trade volume, driven by efforts such as the WTO's 4.7% increase in trade in 2023, drives logistics demand across the globe. Governments spend vast amounts of capital on customs modernization—such as the EU's Union Customs Code and the U.S. Automated Commercial Environment (ACE)—to speed up cross-border flow. Industry giants such as DHL and Maersk exploit these technologies to streamline global supply chains. Trade agreements such as USMCA also increase global connectivity, while the IMO's green shipping regulations compel businesses to resort to green logistics solutions, boosting market growth.

Expansion of Smart Warehousing and Automation Technologies: Governments are heavily investing in intelligent warehousing to improve efficiency. South Korea's Ministry of Land invested USD 200 million in 2024 in building AI-automated warehouses. This allows orders to be filled at a quicker rate and at lower labor costs, as part of efforts around the globe to upgrade supply chains and make them competitive.

What makes North America the top market for logistics in 2024?

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Global Logistics Market
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Report ID: SQMIG20R2036

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