Logistics Market was valued at USD 8,500 Billion in 2022 and is projected to reach USD 12,000 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The global logistics market was valued at approximately $8.6 trillion in 2022, with an expected compound annual growth rate (CAGR) of 7.2% from 2023 to 2028. This growth trajectory is driven by the increasing demand for efficient supply chain management solutions and the expansion of e-commerce, which has intensified the need for advanced logistics services. The rise in globalization, coupled with the integration of technology such as AI and IoT in logistics operations, further fuels the market's expansion. Furthermore, the adoption of automation and robotics in warehouses and distribution centers is transforming the logistics landscape, contributing to the sector's robust growth.
Emerging markets present significant opportunities for logistics companies, particularly in regions such as Southeast Asia and Latin America. These regions are experiencing rapid urbanization and industrialization, which are accelerating the demand for logistics services. Additionally, investments in infrastructure development and digitalization initiatives are expected to enhance logistics capabilities and efficiency in these markets. The surge in cross-border trade and the need for improved supply chain resilience due to geopolitical uncertainties and environmental factors also offer substantial growth potential. As such, the logistics market is poised for considerable expansion, with emerging markets playing a crucial role in shaping its future trajectory.
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Rocla
Daifuku
Aethon
JBT
DS Automotion
Meidensha
Seegrid
Aichikikai
Yonegy
Toyota
Ek Automation
AGVE Group
Atab
KSEC
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Logistics Market
Warehouse
Production Line
Based on Types the Market is categorized into Below types that held the largest Logistics market share In 2023.
Automated Forklift Type
Unit Load Type
Tugger Type
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Logistics Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Logistics Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Logistics Market, By Type
6. Global Logistics Market, By Application
7. Global Logistics Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Logistics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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