Logistics Market Global Production, Growth, Share, Demand And Applications Forecast To 2029

Published: 2023-05-02
Views: 176
Author: Dasharath
Published in: Business
Logistics Market Global Production, Growth, Share, Demand And Applications Forecast To 2029

Logistics Market size was valued at US$ 13.39 Bn. in 2021 and the total revenue is expected to grow at CAGR 7.20% through 2021 to 2029, reaching nearly US$ 23.36 Bn.

Market Overview

The leading business consulting firm Maximize Market Research has announced research report on the Logistics Market . The research contributes the information on global and regional markets, as well as thorough analysis of the market’s long term prospects. A description and graphical representation of key competitors and the most recent successful marketing strategies and tactics, contributions and current and historical backdrop are all included in the report.

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Market Scope

The research report pinpoints the major drivers and restraints for key companies, and the current benchmarking and development prospects. It looks into the demand in the industry and for market predictions, market trends and micro and macro variables in the detail. The research analyses the market value in terms of value and volume estimated on real numbers and outputs of the major players across the globe. The report constitutes an in depth analysis of the  Logistics and its segmentation. It also provides the investors and readers with regional analysis of the market dynamics which assists them to compare the past and current trends of the market scenarios. The primary and secondary data are analysed to understand the depth of the market. Primary data consists of many interviews of industry specialists and experts, market leaders and entrepreneurs and marketing professionals. Secondary data was collected through the list of sources for maximum reliability of the inferences which includes official databases of various organisations and government sites, industry journals, white papers, annual reports, releases of product manufacturers and suppliers in the industry along with paid databases.


Based on the Transportation Mode, the Logistics Market is segmented into Railways, Roadways, Waterways, and Airways. The Roadways Transportation segment captured the largest market share accounted for 33.19 % in 2021. Roadway transportation has a significant impact on various sectors of products because it is often shipped at various locations. Roadway transportation is the cheapest mode of transportation for long distances, as a result, this segment is expected to dominate the Logistics market during the forecast period.The Airways Transportation segment is expected to witness rapid growth at a CAGR of 5.48% during the forecast period. Since 2004, worldwide air logistics traffic continued to grow somewhat steadily and reached 0.0612 billion metric tons in 2021.

Key Players

• J.B. Hunt Transport Inc.
• C.H. Robinson Worldwide, Inc.
• CEVA Logistics
• FedEx Corp.
• United Parcel Service, Inc.
• Expeditors International of Washington Inc.
• XPO Logistics Inc.
• Kenco Group Inc.
• Deutsche Post DHL Group
• Americold Logistics
• DSV Panalpina A/S.

Regional Analysis
The reports presents the  Logistics ’s growth a detailed analysis. It describes the most dominant regions such as North America, Asia Pacific, Europe, Latin America and the Middle East and Africa which has global influence. The differentiation of the market in different regions is understood in regional analysis. The report helps in planning the market strategies by understanding the regional market.

Key Questions answered in the Logistics Market Report are:

  • What is Logistics Market?
  • What is the forecast period of the Logistics Market?
  • What is the competitive scenario of the Logistics ?
  • Which region held the largest market share in the Logistics Market?
  • What are the opportunities for the Logistics Market?
  • What factors are affecting the Logistics growth?
  • Who are the key players of the Logistics ?
  • Which company held the largest share in the Logistics ?
  • What will be the CAGR of the  Logistics during the forecast period?
  • What key trends are likely to emerge in the  Logistics in the coming years?

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 Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Logistics Market
  • Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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