Product ID: UCMIG20R2040
Contract Logistics Market Size, Share, Growth Analysis, By Type(Insourcing, Outsourcing), By Service(Warehousing, Transportation), By Industrial Vertical(E-Commerce, Retail), By Geography(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG20R2040 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Contract Logistics Market Insights
Market Overview:
The contract logistics market on a global scale displayed substantial growth, with an estimated value of USD 264.3 billion in 2022. Forecasts indicate a continued upward trajectory, with the market anticipated to achieve approximately USD 519.21 billion by 2032, demonstrating a steady Compound Annual Growth Rate (CAGR) of 6.99% during the forecast period spanning from 2023 to 2032. This growth is attributed to a confluence of factors, including the increasing outsourcing of supply chain and logistics functions by businesses, advancements in technology that enhance efficiency and visibility in the supply chain, and the growing complexities of global trade. The market's evolution underscores the pivotal role of contract logistics in meeting the demands of an interconnected world economy, optimizing operational processes, and enabling businesses to navigate challenges while seizing opportunities in a dynamic and competitive marketplace.
Contract Logistics Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Air Freight & Logistics by segment aggregation, the contribution of the Air Freight & Logistics in Transportation and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Contract Logistics Market Report Snapshots
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