Logistics Market Value Share, Supply Demand, share and Value Chain 2021
Sarasota, FL -- (SBWIRE) -- 08/18/2016 -- Logistics can be defined as collaboration of different segments such as supply, material management and distribution. As per the council of logistics management logistics can be stated as process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from point of origin to point of consumption for the purpose of conforming to customer requirements. Logistics is the management of things from the origin to the end consumer and involves activities such as material handling, packaging, transportation, inventory, security and warehousing.
Rising globalization and reduction of the trade barriers are supporting the growth of logistics market. Additionally, growing trend towards online shopping along with technological advancement in transaction, communication and new product development fuels the growth of this market. Adoption of advance tracking system for delivery such as GPS, bar code system, RFID by the logistics providers for tracking application stimulates the market growth. However, stringent regulations led by government in particular regions to defend the domestic industries and local shopkeepers may inhibit the growth of logistics market.
Get Free Sample Report: https://www.zionmarketresearch.com/sample/logistics-market
In order to give comprehensive view on the logistics market we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the logistics market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.
The logistics market can be segmented on the basis of transport into waterways transport, road transport, air transport and rail transport. Road and rail transport infrastructure are the most significant segments of logistics market. Logistics has numerous applications in retail, media and entertainment, telecommunication, banking and financial services, information technology and manufacturing sectors among others.
Request for TOC: https://www.zionmarketresearch.com/toc/logistics-market
North America and Europe are the leading markets for the logistics industry owing to developed logistics sector and presence of major key players. Asia Pacific is expected to exhibit fastest growth for the logistics market. This mainly contributed to growing outsourcing trend of MNCs particularly in India and escalating demand for online shopping. Latin America, Middle East and Africa are likely to experience decent growth in forecast period.
The logistics market is competitive due to presence of large players in the market space. Some of the major participants in the logistics market include United Parcel Service, Inc., FedEx Corporation, DHL Express, Changan Minsheng APLL Logistics Co. Ltd, Orient Overseas Ltd, China Ocean Shipping Company, TNT Express N.V., Jiangsu Aucksun Co. Ltd., Shenzhen Feima International Supply Chain Co. Ltd., Kuehne-Nagel, Inc and Sinotrans Limited among others.
Browse Report@ https://www.zionmarketresearch.com/report/logistics-market
The report segments of the logistics market into:
Logistics Market: Transport Segment Analysis
Logistics Market: Application Segment Analysis
Media and entertainment
Banking and financial services
Logistics Market: Regional Segment Analysis
Middle East & Africa
Inquiry Before Buying: https://www.zionmarketresearch.com/inquiry/logistics-market
About Zion Market Research
Zion Market Research is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Zion Market Research is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading industry and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.
3422 SW 15 Street,Suite #8138
Deerfield Beach,Florida 33442
Toll Free: 855-465-4651 (USA-CANADA)