Logistics Market: Global Industry Trends , Growth Rate, Share, Size and Forecast Till 2024

1. Global Logistics Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Logistics Market Overview: The recent study by IMARC Group, entitled “Global Logistics Industry Report 2019: Market Share, Size, Demand, Growth Rate and Business Opportunity by 2024”, estimates that the global logistics market reached a value of US$ 4,730 Billion in 2018. Logistics is the process of planning, coordinating, implementing and managing the flow of resources from the point of origin to the point of consumption. It assists in the efficient and effective transportation and storage of goods as well as services. In recent years, the logistics industry has undergone rapid transformation due to changing customer demands, behaviors, and expectations which have translated into customized orders, shorter delivery time and stringent compliance standards. On the other hand, the increasing use of RFID (Radio Frequency Identification), Bluetooth, and newly introduced technologies such as Drone Delivery and Driverless Vehicle, has helped in enhancing the efficiency of logistics services. Global Logistics Market Trends One of the major factors driving the global logistics market is the rapidly expanding e-commerce industry. Online retailing has provided consumers with the convenience of shopping from the comfort of their homes.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Other major growth-inducing factors include a rise in inter- and intra-regional trade agreements coupled with increasing demand for reverse logistics services. On account of these factors, the logistics market is projected to register a CAGR of 4.9% during 2019-2024, reaching a value of US$ 6,300 Billion by 2024. Request for a free sample report: https://www.imarcgroup.com/logistics-market/requestsample

5. Report Description and Highlights Report Description It also offers the option of returning unwanted products without going to the retailer. As logistics form a major part of the storing, transporting and delivery of the goods purchased online, this has provided a positive thrust to the market growth. Another major market trend is the growing focus on sustainability and compliance, especially environmental issues and corporate social responsibility (CSR). This has led to the growing popularity of green logistics that offer sustainable transport solutions and companies with good working conditions. Key Market Segmentation Market Segmentation by Model Type • • • 2 PL 3 PL 4 PL Based on model type, 3PL represents the most popular segment in the global logistics market, followed by 2PL, 4PL and others. 3PL companies work as an intermediate between the manufacturer and the supplier and help in optimizing the customer’s supply chain in order to make it faster and/or achieve cost savings.

6. Report Description and Highlights Report Description For more information, click here: https://www.imarcgroup.com/logistics-market Market Segmentation by Transportation Type • • • • Roadways Seaways Railways Airways On the basis of transportation mode, roadways are the leading transportation mode in the global logistics market, accounting for the nearly two-thirds of the overall market share. Other major transportation modes include railways, seaways and airways. Market Segmentation by End-Use • • • Manufacturing Consumer Goods Retail

7. Report Description and Highlights Report Description • • • • • • • • • Food and Beverages IT Hardware Healthcare Chemicals Construction Automotive Telecom Oil and Gas Others Based on end-use, manufacturing dominates the market, holding around a fifth of the global share. Manufacturing is followed by consumer goods and retail, healthcare, food and beverage, IT hardware and telecom, automotive, oil and gas, constructions and others. Market Segmentation by Region • • Asia Pacific Europe

8. Report Description and Highlights Report Description • • • North America Latin America Middle East and Africa Region-wise, Asia Pacific enjoys the leading position in the global logistics market, accounting for a third of the total market share. Other regional markets include Europe, North America, Latin America, and Middle East and Africa. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • • • • J.B. Hunt Transport Services C.H. Robinson Worldwide, Inc. Ceva Holdings LLC FedEx Corp. United Parcel Service, Inc. Expeditors International of Washington Inc.

9. Report Description and Highlights Report Description • • • • • XPO Logistics Inc. Kenco Group Deutsche Post DHL Group Americold Logistics, LLC DSV Air & Sea Inc. Browse Related Report • North America Online Food Delivery Market: https://www.imarcgroup.com/north-america- online-food-delivery-market • Top 10 Global Transport and Logistics Companies

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12. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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