Investor Alert

London Markets Open in:

Oct. 22, 2020, 11:24 a.m. EDT

Logistics Market Outlook 2020-2025: Global Industry Report, Size, Share, Growth, Top Companies, Sales Revenue and Future Demand

Oct 22, 2020 (SUPER MARKET RESEARCH via COMTEX) -- According to the recent study by IMARC Group, entitled " Logistics Market Outlook 2020 : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast Till 2025," the global logistics market size reached a value of US$ 4,963 Billion in 2019. Logistics, an indispensable component of supply chain management, involves planning, coordinating and managing the flow of resources from the point of origin to the point of consumption. It offers efficient storage and transportation of goods, services and information to meet the requirements of the customer cost-effectively. Some of the key components of the process include warehousing, inventory management, purchasing, traffic and transportation, production planning, customer service, shipping and receiving, and import and export operations.

Request for a free sample copy of this report: https://www.imarcgroup.com/logistics-market/requestsample

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

Competitive Landscape:

The competitive landscape of the market has been examined in the report with the detailed profiles of the key players operating in the report. Some of these logistics companies include C.H. Robinson Group, J.B. Hunt Transport, Inc., FedEx Corporation, CEVA Logistics AG, Expeditors International of Washington, Inc., United Parcel Service, Inc., Kenco Group, XPO Logistics, Inc., Americold, Deutsche Post AG, and DSV Panalpina A/S.

Global Logistics Market Trends:

The global market is primarily driven by the considerable growth in the e-commerce industry. This can be attributed to a significant increase in the sales of goods through online retail channels, which is further facilitated by the convenience offered by these platforms at a better price point. Since logistics play a crucial role in the smooth functioning of online deliveries, this has provided a thrust to the market growth. In line with this, easy return and refund policies offered by various e-commerce platforms have influenced the demand for reverse logistics processes with flexible services such as tracking facilities. Apart from this, an enhanced focus on sustainable development has led to increasing demand for green logistics that provide sustainable transport solutions. Moreover, constant technological advancements, increasing international trade agreements and the integration of biometrics, GPS, Bluetooth, driverless vehicle and drone delivery with logistics systems are some of the other factors that are anticipated to create a positive outlook for the market. On account of these factors, the market is projected to reach a value of US$ 6,537 Billion by 2025, registering a CAGR of 4.7% during 2020-2025.

Buy full report with table of contents: https://www.imarcgroup.com/logistics-market

Key Market Segmentation:

Market Breakup by Model Type:

  1. 2 PL

  2. 3 PL

  3. 4 PL

Based on the model type, 3 PL represents the most preferred segment in the market. Other major segments include 2 PL and 4 PL.

Market Breakup by Transportation Mode:

  1. Roadways

  2. Seaways

  3. Railways

  4. Airways

On the basis of the transportation mode, roadways exhibit a clear dominance in the market. Some of the other segments include railways, seaways and airways.

Market Breakup by End-Use:

  1. Manufacturing

  2. Consumer Goods

  3. Retail

  4. Food and Beverages

  5. IT Hardware

  6. Healthcare

  7. Chemicals

  8. Construction

  9. Automotive

  10. Telecom

  11. Oil and Gas

  12. Others

Based on the end use, the market has been segregated into manufacturing, consumer goods, retail, healthcare, food and beverage, IT hardware, chemicals, telecom, automotive, oil and gas, construction, and others. Among these, the manufacturing sector accounts for the majority of the total market share.

Market Breakup by Region:

  1. Asia Pacific

  2. Europe

  3. North America

  4. Latin America

  5. Middle East and Africa

Region-wise, the market has been classified into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Latin America (Brazil, Mexico and others); and Middle East and Africa.

Note- If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report. We deliver report with-in 24 hours.

Browse More Research Report By IMARC Group:

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Contact US: IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

The post Logistics Market Outlook 2020-2025: Global Industry Report, Size, Share, Growth, Top Companies, Sales Revenue and Future Demand appeared first on Super Market Research .


Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

Link to MarketWatch's Slice.