NEW YORK, March 4, 2022 /PRNewswire/ -- Logistics Market Facts at a Glance-
NEW YORK, March 4, 2022 /PRNewswire/ -- Logistics Market Facts at a Glance-
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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.
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APAC
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.
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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.
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Latest Drivers & Trends Driving the Market-
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.
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Related Reports
Logistics Market in Thailand -The logistics market share in Thailand is expected to increase by USD 18.89 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.95%. Download a free sample now!
Healthcare Logistics Market in North America -The healthcare logistics market share in North America is expected to increase by USD 10.19 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 6.09%. Download a free sample now!
Logistics Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.08% |
Market growth 2021-2025 |
USD 1546.95 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.55 |
Performing market contribution |
APAC at 43% |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
C.H. Robinson Worldwide Inc., Deutsche Bahn AG, Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., J.B. Hunt Transport Services Inc., Kenco, Kuehne + Nagel International AG, United Parcel Service Inc., and XPO Logistics Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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