Logistics Service Market to Grow at a CAGR of 6.9% during the Forecast 2027

1. Logistics Service Market to 2027 Publication Month: May 2019 | No. of Pages: 226

2. Logistics Service Market Overview The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study. The Global Logistics Service Market revenue accounted for US$ 1,122.58 Bn in 2018 and is expected to grow at a CAGR of 6.9% during the forecast period 2019 – 2027, to account to US$ 2,029.38 Bn by 2027. Globally, the market continue to witness a surge in demand for logistics services owing to rise in trade activities especially from emerging economies.

3. Logistics Service Market The global manufacturing industry has witnessed rapid growth in recent times owing to huge investments coming up from Governments of various countries and especially the developing economies. As per the China Federation of Logistics and Purchasing (CFLP), the global manufacturing purchasing managers index (PMI) accounted 55.1 in October 2017, which was down from 55.9 in September 2017 however, still at a comparatively high level. The PMI index remained above 53.5 since the beginning of 2017, signifying a steady recovery of the manufacturing sector in developed countries. Globalization has led to increasing domestic and international trade relations between nations. Further, as many international companies lean towards globalization and market expansions, logistical challenges have become more complex than ever. The logistical complexities have multiplied mainly due to the diverse nature of consumer demands observed in different regions of the world pertaining to any product. Read More at : https://www.theinsightpartners.com/reports/logistics-services-market

4. Key Benefits • • This report provides a detailed study of market trends and forecast from 2019 to 2027, which assist to identify the prevailing market opportunities. • • In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way. • • Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided. • Get PDF Sample Copy @ Click Here

5. Logistics Service Market - Mode of Transportation Insights Efficient transportation is physically moving supplies in relatively safe manner on right time, in right condition, and in a cost effective manner. The role of transport is the movement of goods from the point of manufacturer or storage to the point of use or the distribution points to end use. On the basis of mode of transport, the global market is segmented into roadways, railways, waterways, and airways. The selection criteria of mode of transport is depends on the physical characteristics of goods and supplies. In certain situations, environmental factors such as destruction of roads and railways may have a considerable impact on the mode of selection. The factors considered in mode of selection would be speed which the mode exhibits, flexibility that the mode offers, and comparative unit cost.

6. Key Players In Industry • CEVA Logistics • PANALPINA WORLD TRANSPORT (HOLDING) LTD. • United Parcel Service (UPS) • C.H. Robinson Worldwide, Inc. • A.P. MOLLER - MAERSK • Nippon Express • FedEx • DB Schenker • DHL International GmbH • KUEHNE + NAGEL • Enquiry For Discount @ Click Here

7. Logistics Service Market Segments

8. Logistics Service Market By Geography • North America, Europe, Asia-Pacific, LAMEA

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