According to the IMARC Group, the report has also analyzed the competitive landscape of the market with some of the top logistics companies being
B. Hunt Transport, Inc.
H. Robinson Worldwide, Inc.
United Parcel Service, Inc.
Expeditors International of Washington Inc.
XPO Logistics Inc.
Kenco Group Inc.
Deutsche Post DHL Group
Americold Logistics, LLC
DSV Panalpina A/S
According to the latest report by IMARC Group, titled “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global logistics market size reached US$ 5.2 Trillion in 2020. Looking forward, the market value is projected to reach US$ 6.9 Trillion by 2026, expanding at a CAGR of 4.60% during 2021-2026.
Logistics includes various processes that assist in the detailed organization and management of resources from the point of origin to the point of consumption. Additionally, it manages the production, packaging, warehousing, material handling and outbound transportation in a time- and cost-effective manner. It also ensures that a particular product is delivered to the end user in the required quantity and optimal condition.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Logistics Market Trends:
The global market is primarily driven by significant growth in the e-commerce industry. Logistics operations are widely utilized across the sector to manage the supply chain in a streamlined manner. Furthermore, the widespread integration of logistic solutions with automation, multi-modal systems, last-mile deliveries and biometrics has spurred the market growth globally. Additionally, a considerable increase in trade activities, including imports and exports, on the global level has also provided an impetus to the market growth. Some of the other factors contributing to the market growth include the increasing utilization of driverless vehicles and drone delivery solutions with logistic systems and the advent of green logistics solutions with sustainable transport solutions.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/logistics-market
Key Market Segmentation:
Breakup by Model Type:
Breakup by Transportation Mode:
Breakup by End-use:
Food And Beverages
Oil & Gas
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Historical, Current and Future Market Trends
Market Drivers and Success Factors
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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