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Logistics Market to grow at a CAGR of 5.08% by 2025 |Evolving Opportunities with C.H. Robinson Worldwide Inc. & Deutsche Bahn |17000+ Technavio Reports

NEW YORK, March 4, 2022 — Logistics Market Facts at a Glance-

Total Pages: 120 Companies: 10+ – Including C.H. Robinson Worldwide Inc., Deutsche Bahn AG, Deutsche Post DHL Group, J.B. Hunt Transport Services Inc., Kenco, Kuehne + Nagel International AG, and XPO Logistics Inc among others. Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis Segments: End Users – consumer goods, automotive, food and beverage, healthcare, and others Geographies: APAC, North America, Europe, MEA, and South America

The Logistics Market is expected to increase by USD 1546.95 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 5.08% as per the latest market report by Technavio. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets. APAC will register the highest growth rate of 43% among the other regions.

Vendor Insights-

The Logistics Market is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.

C.H. Robinson Worldwide Inc -The company offers logistics services such as ocean shipping, air freight, and truckload. Deutsche Bahn AG -The company offers logistics services such as land transport, air freight, and ocean freight through Schenker AG. Deutsche Post DHL Group -The company offers freight shipping via air, ocean, road, and rail.

Regional Market Outlook

The Logistics Market share growth in APAC will be significant during the forecast period. China and Japan are the key markets for logistics in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The presence of a large consumer base for both food and beverage and healthcare product suppliers, the rise in disposable incomes, and the growing aging population will facilitate the logistics market growth in APAC over the forecast period.

Latest Drivers & Trends Driving the Market-

Logistics Market Driver: Increasing cross-border trade:

Cross-border trade involves the sales and purchase of goods and services across international land borders. Cross-border trade allows enterprises to expand their business in terms of geography and demographics. It helps countries in boosting their economy as the export and import of goods lead to an increase in tax revenue, which, in turn, contributes to the gross domestic product (GDP) of countries. This has encouraged various countries to increase their cross-border trade. Increasing cross-border trade is driving the number of trade corridors. With the growth in cross-border trade, the demand for logistics will also increase, which will contribute to the market share growth during the forecast period.

Logistics Market Trend: Rapid growth in the e-commerce industry :

The e-commerce industry is growing rapidly owing to the increased penetration of the Internet globally and the growing access to smartphones. The growth of the e-commerce sector has a direct impact on the logistics industry. As consumers are spending less time going to stores, their first direct interaction with the brand is the package that gets delivered to their doors. Logistics plays a major role as the movement of goods highly depends on the transportation and distribution network. Vendors are offering logistics services to e-commerce enterprises. Vendors are also offering greater return options for reverse logistics than other vendors. The rapid growth in the e-commerce industry will be a major trend for logistics during the forecast period.

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