Logistics - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Logistics market is accounted for $10.68 billion in 2018 and is expected to reach $15.88 billion by 2027 growing at a CAGR of 4.5% during the forecast period. Some of the key factors propelling the market growth are rising use of multimodal transport and innovation in mobile technologies. However, lack of uniform governance standards in developing and underdeveloped countries is the restraining factor for the growth of the market.
Logistics refers to the process of planning and coordinating resources and services from the point of origin to the point of utilization. This process provides efficient and useful transportation and storage of goods and services. The major components of logistics involved in the proper functioning of an administration or a business include inventory management, inbound and outbound transportation, material handling, warehousing, etc. In modern years, the logistics industry has benefitted from the advancements made in technology, integration, globalization, legislation, and confederations.
By application, retail segment is expected to grow at the significant market share during the forecast period due to the high pressure of digital sales channels. This is compelling retail & consumer goods companies to reshape their underlying operating models with connected logistics, to keep pace with the ever-evolving industry and consumer demand. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the factors such as the occurrence of many consumer base for food and beverage and healthcare invention suppliers, greater than ever demand for LNG, mounting demand for cold-chain logistics, and escalating number of automobile manufacturing plants are causal to the logistics market growth in this region.
Some of the key players in Logistics Market include Ceva Holdings LLC, C.H. Robinson Worldwide, Inc, Deutsche Bahn AG, Deutsche Post AG, DSV AS, FedEx Corp, J.B. Hunt Transport Services Inc, Kenco, Kuehne + Nagel International AG, United Parcel Service Inc, XPO Logistics Inc and Expeditors International of Washington Inc.
Type of Transports Covered:
Logistics Models Covered:
• First Party Logistics
• Second Party Logistics
• Third Party Logistics
• Fourth Party Logistics
Customer Types Covered:
• Consumer goods
• Food & Beverages
• Industrial and Manufacturing
• Media and Entertainment
• Oil and Gas
End Users Covered:
• Banking and Financial Services
• Government and Public Utilities
• IT Hardware
• Trade and Transportation
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances.
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