Logistics and Transportation Market is expected to increase at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2035
The market for logistics
and transportation market is estimated to be worth USD 1.92 trillion in
2024 and is expected to increase at a compound annual
growth rate (CAGR) of 6.5% from 2025 to 2035, reaching USD 3.84 trillion.
Maintaining lean supply chains, ensuring on-time delivery, and reducing
operating expenses are critical for businesses. It makes it possible for things
to travel across geographical boundaries, which promotes trade.
Managing the
procurement, storage, and transfer of materials to their ultimate location is
all part of the overall logistics process. The physical means of moving goods
from one location to another via a number of modes, including as road, train,
air, and sea, is known as transportation, and it is an essential component of
logistics.
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GROWTH
DRIVERS
The growing
e-commerce industry, which increases demand for efficient and prompt delivery
services, is the main driver of market expansion. According to Shopify,
e-commerce is predicted to make up 20.5% of all retail sales worldwide in 2025
and 22% by 2028. In order to handle the increasing volume of online
transactions, logistics companies must expand their geographic reach and
service capabilities. Same-day or next-day delivery is no longer a luxury but
rather a typical expectation due to customer expectations for prompt and
dependable delivery.
Demand for logistics
and transportation is being driven by sustainability initiatives and
mounting pressure from governments, consumers, and corporate environmental,
social, and governance (ESG) responsibilities. Logistics companies are forced
to invest in low-emission transport vehicles due to regulations such as the
U.S. Environmental Protection Agency's new emission rules, which call for a 90%
reduction in nitrogen oxide emissions by 2027. For example, the USPS disclosed
that it intends to purchase 106,000 delivery trucks in total, at least 66,000
of which will be battery-electric. from 2022 to 2028.
MARKET
SEGMENTATION:
By Service
Type -
· Warehousing & Distribution Services
· Transportation
· Inventory & Network Optimization
· Specialized & Value-Added Services
· Supply Chain Solutions & Consulting
By
Application –
· Airways
· Railways
· Roadways
· Waterways
By End
User –
· Retail & E-commerce
· Fast-Moving Consumer Goods (FMCG) &
Food & Beverage
· Automotive & Industrial
Manufacturing
· Healthcare & Life Sciences
· Technology & Electronics
· Oil, Gas, & Chemicals
· Aerospace & Defense
· Construction, Engineering, &
Building Materials
· Agriculture & Commodities
· Other End Users
By Region -
· North
America
· Europe
· Asia
Pacific
· Latin
America
· Middle
East & Africa
Key
Players:
· Nippon
Express Co., Ltd.
· Deutsche
Post AG
· DB
Schenker
· DSV
· A.P.
Moller - Maersk
· FedEx
Corporation
· Kuehne+Nagel
Inc.
· GEODIS
· C.H.
Robinson Worldwide Inc.
· United
Parcel Service of America, Inc.
· Other
Key & Niche Players
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