Logistics Market Research Report 2018 published By Market Research Future, provides information on Global Logistics Market By Industry Analysis, Market Growth and Opportunity Assessment, Segmentation - Transportation Type (Airways, Waterways, Railways, Roadways), Logistic Type (First Party, Second Party, Third Party) End User (Industrial and Manufacturing, Retail, Healthcare, Oil & Gas). Logistics market is expected to grow over the CAGR of around 7.2% during the period 2017 to 2023.
Pune, India -- (SBWIRE) -- 06/19/2018 -- Logistics Market Highlights
Logistics is a supply chain management part with a detailed organization and implementation of a complex operation. It includes the movement of goods and information between the provider and the receiver. Moreover, logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations. Increasing global trade activities in the developing economies and trade-related agreements are the major factors driving the growth of the market. However, high inventory cost & less space for warehousing are the factors restraining the market growth.
The global logistics market is expected to grow at a CAGR of 7.2% during the forecast period.
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Transportation and logistics infrastructure is a constantly recurring priority in every new government policies. Economic reforms and government initiatives in terms of strengthening the manufacturing sector are expected to attract private investment. The development of transportation and logistics-related infrastructures, such as dedicated freight corridors, logistics parks, free trade warehousing zones, and container freight stations will help to improve efficiency. The government's plan is likely to make the economy competitive by reducing logistics costs, bring down pollution levels by reducing congestion on roads, give a boost to the industry and create employment.
The prominent players in the global Logistics market include –
- H. Robinson Worldwide Inc. (U.S.)
- Ceva Holdings LLC (U.K.)
- FedEx Corp. (U.S.)
- XPO Logistics Inc. (U.S.)
- Expeditors International of Washington Inc. (U.S.)
- DHL International GmbH (Germany)
- DSV Global Transports and Logistics (Denmark)
- P. Moller – Maersk (Denmark)
- Schenker AG (Germany)
- GEODIS (France)
- DTDC Express Limited (India)
Geographically, the global logistics market has been divided into four major regions: North America, Europe, Asia Pacific, and Rest of the World. The Asia Pacific is accounted for the largest share of the global market in 2016, followed by North America and Europe. Asia Pacific is expected to grow at the highest CAGR during the forecast period. Increased adoption of outsourced logistics services in the region is driving the growth of the market. Increasing imports and exports along with a huge demand for logistics services due to the economic growth and urbanization are driving the manufacturers to trade across the globe. China, Japan, India, Australia, and Indonesia are the major markets in Asia Pacific region. China is the largest logistics market in the region due to a huge population in the country and the presence of a large manufacturing base.
North America is the second largest region in the market. Increasing trade activities between the Americas and Europe are driving the growth of the market in this region. Rising demand for foreign goods in Indonesia, Thailand, and India has strengthened the trade relations with the U.S. Europe is another major region in the market. Germany, the U.K., and France are the major logistics markets.
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Scope of the Report
This study provides an overview of the global Logistics market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global Logistics market by its type, by application, and region.
By Transportation Type
By Logistic Type
- First Party
- Second Party
- Third Party
By End Use
- Industrial and Manufacturing
- Oil and Gas
- North America
- Rest of the World
Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "Global Logistics Market Information from 2017 to 2023"
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