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Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 108 pages | ID: L3A0B346535EN
IMARC Group

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The global logistics market size reached US$ 5.2 Trillion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.8 Trillion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.

Logistics refers to the process of storing and transporting resources, such as equipment, inventory, food, liquids, and materials, from one location to the desired destination. It includes the management of the flow of goods from production to the point of consumption to meeting the requirement of customers. It helps enterprises create additional value, save costs, deliver a better customer experience, and improve brand reputation. At present, various organizations around the world are focusing on strategic logistics management to reduce their transport expenses.

Logistics Market Trends:
The thriving e-commerce industry, along with the increasing availability of high-speed network connectivity, represents one of the key factors positively influencing the market. As the e-commerce business is growing significantly, the demand for efficient logistics services is increasing. In addition, the shifting consumer preference toward online purchasing is driving the market. Online retail channels offer convenient home delivery services that are supporting the growth of the market. Apart from this, the manufacturers are focusing on adopting green logistic solutions to reduce the environmental impact and improve the green credentials of their businesses. They are also offering logistics monitoring systems integrated with advanced technologies, such as blockchain, augmented reality (AR), artificial intelligence (AI), and the internet of things (IoT). These systems track real-time information and provide predictive alerts of warehouse management, transportation, and delivery of the products. Furthermore, a significant rise in globalization and the increasing trade agreements among various countries are catalyzing the demand for logistics to keep pace with the growing needs of importers and exporters. Moreover, the flourishing pharmaceutical, food, and beverage (F&B), and e-commerce industries are propelling the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global logistics market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on the model type, transportation mode, and end-use.

Breakup by Model Type:

2 PL
3 PL
4 PL

3 PL currently represents the largest market segment as it offers outsourced logistics services to handle various supply chain functions.

Breakup by Transportation Mode:

Roadways
Seaways
Railways
Airways

Roadways hold the biggest market share as they assist in providing door-to-door service, saving time and packing costs, and reducing the risk of product damage during transit.

Breakup by End-Use:

Manufacturing
Consumer Goods
Retail
Food and Beverages
IT Hardware
Healthcare
Chemicals
Construction
Automotive
Telecom
Oil and Gas
Others

The manufacturing industry holds the majority of the market share as logistics help improve efficiencies and production rates, lower costs, and increase customer satisfaction and experience.

Breakup by Region:

Asia Pacific
Europe
North America
Latin America
Middle East and Africa

The Asia Pacific enjoys the leading position in the market due to rapid urbanization and the expansion of different industry verticals in the region.

Competitive Landscape:
The competitive landscape of the market has also been analyzed with some of the top logistics companies being J.B. Hunt Transport Services, C.H. Robinson Worldwide, Inc., Ceva Holdings LLC, FedEx Corp., United Parcel Service, Inc., Expeditors International of Washington Inc., XPO Logistics Inc., Kenco Group, Deutsche Post DHL Group, Americold Logistics, LLC and DSV Air & Sea Inc.

This report provides a deep insight into the global logistics market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the logistics market.

Key Questions Answered in This Report
1. What was the size of the global logistics market in 2022?
2. What is the expected growth rate of the global logistics market during 2023-2028?
3. What are the key factors driving the global logistics market?
4. What has been the impact of COVID-19 on the global logistics market?
5. What is the breakup of the global logistics market based on the model type?
6. What is the breakup of the global logistics market based on the transportation mode?
7. What is the breakup of the global logistics market based on the end use?
8. What are the key regions in the global logistics market?
9. Who are the key players/companies in the global logistics market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 COVID-19 IMPACT ON THE INDUSTRY

6 GLOBAL LOGISTICS MARKET

6.1 Market Overview
6.2 Market Performance
6.3 Market Breakup by Model Type
6.4 Market Breakup by Transportation Mode
6.5 Market Breakup by End-Use
6.6 Market Breakup by Region
6.7 Market Forecast
6.8 SWOT Analysis
  6.8.1 Overview
  6.8.2 Strengths
  6.8.3 Weaknesses
  6.8.4 Opportunities
  6.8.5 Threats
6.9 Value Chain Analysis
  6.9.1 Raw Materials
  6.9.2 Inbound Transport
  6.9.3 Production
  6.9.4 Outbound Transport
  6.9.5 Distribution
  6.9.6 End-Use
6.10 Porters Five Forces Analysis
  6.10.1 Overview
  6.10.2 Bargaining Power of Buyers
  6.10.3 Bargaining Power of Suppliers
  6.10.4 Degree of Competition
  6.10.5 Threat of New Entrants
  6.10.6 Threat of Substitutes
6.11 Price Analysis
  6.11.1 Key Price Indicators
  6.11.2 Price Structure
  6.11.3 Margin Analysis

7 MARKET BREAKUP BY MODEL TYPE

7.1 2 PL
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 3 PL
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 4 PL
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY TRANSPORTATION MODE

8.1 Roadways
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Seaways
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Railways
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Airways
  8.4.1 Market Trends
  8.4.2 Market Forecast

9 MARKET BREAKUP BY END-USE

9.1 Manufacturing
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Consumer Goods
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Retail
  9.3.1 Market Trends
  9.3.2 Market Forecast
9.4 Food and Beverages
  9.4.1 Market Trends
  9.4.2 Market Forecast
9.5 IT Hardware
  9.5.1 Market Trends
  9.5.2 Market Forecast
9.6 Healthcare
  9.6.1 Market Trends
  9.6.2 Market Forecast
9.7 Chemicals
  9.7.1 Market Trends
  9.7.2 Market Forecast
9.8 Construction
  9.8.1 Market Trends
  9.8.2 Market Forecast
9.9 Automotive
  9.9.1 Market Trends
  9.9.2 Market Forecast
9.10 Telecom
  9.10.1 Market Trends
  9.10.2 Market Forecast
9.11 Oil and Gas
  9.11.1 Market Trends
  9.11.2 Market Forecast
9.12 Others
  9.12.1 Market Trends
  9.12.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 Asia Pacific
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 Europe
  10.2.1 Market Trends
  10.2.2 Market Forecast
10.3 North America
  10.3.1 Market Trends
  10.3.2 Market Forecast
10.4 Latin America
  10.4.1 Market Trends
  10.4.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Forecast

11 COMPETITIVE LANDSCAPE

11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
  11.3.1 J.B. Hunt Transport Services
  11.3.2 C.H. Robinson Worldwide, Inc.
  11.3.3 Ceva Holdings LLC
  11.3.4 FedEx Corp.
  11.3.5 United Parcel Service, Inc.
  11.3.6 Expeditors International of Washington Inc.
  11.3.7 XPO Logistics Inc.
  11.3.8 Kenco Group
  11.3.9 Deutsche Post DHL Group
  11.3.10 Americold Logistics, LLC
  11.3.11 DSV Air & Sea Inc.

LIST OF TABLES

Table 1: Global: Logistics Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Logistics Market Forecast: Breakup by Model Type (in Billion US$), 2023-2028
Table 3: Global: Logistics Market Forecast: Breakup by Transportation Mode (in Billion US$), 2023-2028
Table 4: Global: Logistics Market Forecast: Breakup by End-Use (in Billion US$), 2023-2028
Table 5: Global: Logistics Market Forecast: Breakup by Region (in Billion US$), 2023-2028
Table 6: Global: Logistics Market: Competitive Structure
Table 7: Global: Logistics Market: Key Players

LIST OF FIGURES

Figure 1: Global: Logistics Market: Major Drivers and Challenges
Figure 2: Global: Logistics Market: Sales Value (in Trillion US$), 2017-2022
Figure 3: Global: Logistics Market: Breakup by Model Type (in %), 2022
Figure 4: Global: Logistics Market: Breakup by Transportation Mode (in %), 2022
Figure 5: Global: Logistics Market: Breakup by End-Use (in %), 2022
Figure 6: Global: Logistics Market: Breakup by Region (in %), 2022
Figure 7: Global: Logistics Market Forecast: Sales Value (in Trillion US$), 2023-2028
Figure 8: Logistics (For Food Products) Market: Price Structure
Figure 9: Global: Logistics Industry: SWOT Analysis
Figure 10: Global: Logistics Industry: Value Chain Analysis
Figure 11: Global: Logistics Industry: Porter’s Five Forces Analysis
Figure 12: Global: Logistics (2 PL) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 13: Global: Logistics (2 PL) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 14: Global: Logistics (3 PL) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 15: Global: Logistics (3 PL) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 16: Global: Logistics (4 PL) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 17: Global: Logistics (4 PL) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 18: Global: Logistics (Roadways) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 19: Global: Logistics (Roadways) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 20: Global: Logistics (Seaways) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 21: Global: Logistics (Seaways) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 22: Global: Logistics (Railways) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 23: Global: Logistics (Railways) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 24: Global: Logistics (Airways) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 25: Global: Logistics (Airways) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 26: Global: Logistics (End-Use in Manufacturing) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 27: Global: Logistics (End-Use in Manufacturing) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 28: Global: Logistics (End-Use in Consumer Goods) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 29: Global: Logistics (End-Use in Consumer Goods) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 30: Global: Logistics (End-Use in Retail) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 31: Global: Logistics (End-Use in Retail) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 32: Global: Logistics (End-Use in Food and Beverage) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 33: Global: Logistics (End-Use in Food and Beverage) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 34: Global: Logistics (End-Use in IT Hardware) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 35: Global: Logistics (End-Use in IT Hardware) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 36: Global: Logistics (End-Use in Healthcare) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 37: Global: Logistics (End-Use in Healthcare) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 38: Global: Logistics (End-Use in Chemicals) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 39: Global: Logistics (End-Use in Chemicals) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 40: Global: Logistics (End-Use in Construction) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 41: Global: Logistics (End-Use in Construction) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 42: Global: Logistics (End-Use in Automotive Sector) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 43: Global: Logistics (End-Use in Automotive Sector) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 44: Global: Logistics (End-Use in Telecom) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 45: Global: Logistics (End-Use in Telecom) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 46: Global: Logistics (End-Use in Oil and Gas) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 47: Global: Logistics (End-Use in Oil and Gas) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 48: Global: Logistics (Other End-Uses) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 49: Global: Logistics (Other End-Uses) Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 50: Asia Pacific: Logistics Market: Sales Value (in Billion US$), 2017 & 2022
Figure 51: Asia Pacific: Logistics Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 52: Europe: Logistics Market: Sales Value (in Billion US$), 2017 & 2022
Figure 53: Europe: Logistics Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 54: North America: Logistics Market: Sales Value (in Billion US$), 2017 & 2022
Figure 55: North America: Logistics Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 56: Latin America: Logistics Market: Sales Value (in Billion US$), 2017 & 2022
Figure 57: Latin America: Logistics Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 58: Middle East and Africa: Logistics Market: Sales Value (in Billion US$), 2017 & 2022
Figure 59: Middle East and Africa: Logistics Market Forecast: Sales Value (in Billion US$), 2023-2028


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