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Freight And Logistics Market Overview
Freight and Logistics Market Size was valued at USD 14.85 Billion in 2021. The Freight and Logistics market industry is projected to grow from USD 15.08 Billion in 2022 to USD 21.13 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4% during the forecast period (2022 - 2030).
Freight and logistics are integral components of the global economy, providing the backbone for the transportation of goods and materials across various industries. The logistics industry encompasses a wide range of services, including transportation, warehousing, and distribution. The freight and logistics market is continually evolving to meet the changing demands of businesses and consumers, with advancements in technology, increasing globalization, and growing environmental concerns shaping the industry's future.
The growth of e-commerce has had a significant impact on the freight and logistics market. With more consumers shopping online than ever before, there is an increased demand for efficient and reliable transportation and delivery services. E-commerce has also led to the growth of last-mile delivery services, which involve the transportation of goods from a distribution center to the final destination. Last-mile delivery is crucial in ensuring timely and efficient delivery of goods to customers, and companies are investing heavily in this area to meet growing demand.
Advancements in technology have also played a significant role in the development of the freight and logistics market. The introduction of automation and artificial intelligence has led to the optimization of logistics operations, enabling companies to streamline processes, reduce costs, and improve efficiency. The use of data analytics and predictive modeling has also become increasingly prevalent, allowing companies to better forecast demand and optimize their supply chain accordingly.
Globalization has had a profound impact on the freight and logistics market, with the growth of international trade leading to an increased demand for transportation services. The rise of emerging markets such as China and India has also contributed to this growth, with these countries becoming major players in global trade. As a result, companies are investing in expanding their global networks and developing new transportation routes to capitalize on these opportunities.
Environmental concerns have also become an increasingly important factor in the freight and logistics market. The transportation sector is a significant contributor to greenhouse gas emissions, and companies are under pressure to reduce their carbon footprint. This has led to the development of alternative fuels and the adoption of more sustainable transportation practices, such as electric and hybrid vehicles and the use of renewable energy sources. Companies are also exploring new technologies, such as drones and autonomous vehicles, to reduce emissions and improve efficiency.
The freight and logistics market is highly competitive, with numerous players vying for market share. The market is fragmented, with a large number of small and medium-sized enterprises (SMEs) operating alongside larger multinational corporations. The rise of e-commerce has also led to the growth of new entrants, such as online marketplaces and logistics startups, which are disrupting traditional models.
In response to these challenges, companies are increasingly focusing on differentiation through innovation and service offerings. This has led to the development of new technologies and the adoption of new business models, such as asset-light logistics and the sharing economy. Companies are also investing in customer service and experience, recognizing the importance of meeting the evolving needs and expectations of their customers.
Overall, the freight and logistics market is undergoing significant transformation, driven by a range of factors, including technological advancements, globalization, and environmental concerns. To remain competitive in this dynamic market, companies must be agile and innovative, constantly adapting to changing conditions and customer demands. The future of the freight and logistics market is one of continued evolution, with new technologies, business models, and market entrants shaping the industry's landscape.
Key Players
Dsv Global Transports and Logistics (Denmark)
Kuehne+ Nagel (Switzerland)
The Maersk Group (Germany)
Deutsche Post DHL (Germany)
DB Schenker Logistics (Germany)
C.H. Robinson (US)
Panalpina (Switzerland)
United Parcel Service (US)
FedEx Corp. (US)
Walmart Group (US)
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
Freight
And Logistics Market Overview
Freight and Logistics MarketSize was valued at USD 14.85 Billion
in 2021. The Freight and Logistics market industry is projected to grow from
USD 15.08 Billion in 2022 to USD 21.13 Billion by 2030, exhibiting a compound
annual growth rate (CAGR) of 4% during the forecast period (2022 - 2030).
Freight and
logistics are integral components of the global economy, providing the backbone
for the transportation of goods and materials across various industries. The logisticsindustry encompasses a wide range of
services, including transportation, warehousing, and distribution. The freight
and logistics market is continually evolving to meet the changing demands of
businesses and consumers, with advancements in technology, increasing
globalization, and growing environmental concerns shaping the industry's
future.
The growth
of e-commerce has had a significant impact on the freight and logistics market.
With more consumers shopping online than ever before, there is an increased
demand for efficient and reliable transportation and delivery services.
E-commerce has also led to the growth of last-mile delivery services, which
involve the transportation of goods from a distribution center to the final
destination. Last-mile delivery is crucial in ensuring timely and efficient
delivery of goods to customers, and companies are investing heavily in this
area to meet growing demand.
Advancements
in technology have also played a significant role in the development of the
freight and logistics market. The introduction of automation and artificial
intelligence has led to the optimization of logistics operations, enabling
companies to streamline processes, reduce costs, and improve efficiency. The
use of data analytics and predictive modeling has also become increasingly
prevalent, allowing companies to better forecast demand and optimize their
supply chain accordingly.
Globalization
has had a profound impact on the freightand logistics market, with the
growth of international trade leading to an increased demand for transportation
services. The rise of emerging markets such as China and India has also
contributed to this growth, with these countries becoming major players in
global trade. As a result, companies are investing in expanding their global
networks and developing new transportation routes to capitalize on these
opportunities.
Environmental
concerns have also become an increasingly important factor in the freight and
logistics market. The transportation sector is a significant contributor to
greenhouse gas emissions, and companies are under pressure to reduce their
carbon footprint. This has led to the development of alternative fuels and the
adoption of more sustainable transportationpractices, such as electric and
hybrid vehicles and the use of renewable energy sources. Companies are also
exploring new technologies, such as drones and autonomous vehicles, to reduce
emissions and improve efficiency.
The freight
and logistics market is highly competitive, with numerous players vying for
market share. The market is fragmented, with a large number of small and
medium-sized enterprises (SMEs) operating alongside larger multinational corporations.
The rise of e-commerce has also led to the growth of new entrants, such as
online marketplaces and logistics startups, which are disrupting traditional
models.
In response
to these challenges, companies are increasingly focusing on differentiation
through innovation and service offerings. This has led to the development of
new technologies and the adoption of new business models, such as asset-light
logistics and the sharing economy. Companies are also investing in customer
service and experience, recognizing the importance of meeting the evolving
needs and expectations of their customers.
Overall, the
freight and logistics market is undergoing significant transformation, driven
by a range of factors, including technological advancements, globalization, and
environmental concerns. To remain competitive in this dynamic market, companies
must be agile and innovative, constantly adapting to changing conditions and
customer demands. The future of the freight and logistics market is one of
continued evolution, with new technologies, business models, and market
entrants shaping the industry's landscape.
Key
Players
Dsv Global
Transports and Logistics (Denmark)
Kuehne+
Nagel (Switzerland)
The Maersk
Group (Germany)
Deutsche Post DHL(Germany)
DB Schenker
Logistics (Germany)
C.H.
Robinson (US)
Panalpina
(Switzerland)
United
Parcel Service (US)
FedEx Corp.(US)
Walmart
Group (US)
.jpg){kind=logo}
Freight
and Logistics Market Overview
Freight and
Logistics Market is projected to be worth USD 21.13 Billion by 2030,
registering a CAGR of 4% during the forecast period (2022 - 2030)
Rise in
globalization along with improving the world economy have a positive impact on
trade-related activities. The Freight and Logistics Market Growth is witnessing significant growth rate
due to evolving market trends such as shifting standard of living among
consumers, increased consumer preference for the reduced delivery time, and the
procurement of innovative techniques for the fast delivery of products are some
of the factors that are driving freight and logistics market. Various
technological advancement in the e-commerce industry for delivering products
such as drone delivery and driverless vehicle is likely to have a positive
impact on freight and logistics.
Scope of
the Report
This study provides
an overview of the global freight and logistics market, tracking three market
segments across five geographic regions. The report studies key players,
providing a five-year annual trend analysis that highlights market size,
volume, and share for Europe, Asia-Pacific, North America, Middle East &
Africa, and South America. The report also provides a forecast, focusing on the
market opportunities for the next five years for each region. The scope of the
study segments the global freight and logistics market by type, insulation
material, component, and region.
The
waterways segment is expected to occupy the larger share of the global freight
and logistics market: MRFR
By shipping
type, the global freight and logistics market has been segmented into airways,
railways, roadways, and waterways. Shipping goods through waterways is cheapest
mode of tranportation and also ships can carry large volume of bulky goods. So,
The waterways segment is expected to hold largest market share and will show
highest growth rate.
The
warehousing segment is expected to hold the largest share of the global freight
and logistics market: MRFR
Based on
service, the global freight and logistics market is segmented into inventory
management, packaging, warehousing, transportation, distribution, custom
clearance, and other. The warehousing segment holds the dominant share and will
continue its dominance during the forecast period. The higher demand is
attributed due to growing e-commerce and retail industry.
The manufacturing
& construction segment among the end-use industry is expected to dominate
in terms of growth rate the global freight and logistics market: MRFR
Based on
end-use industry, the market has been segmented as energy & utilities,
trade and transportation, government and public utilities, healthcare,
manufacturing & construction, retail, media and entertainment, banking and
financial services, telecommunication & information technology, and others.
The manufacturing & construction segment holds largest market share this is
attributed to growing import export of electrical machinery and equipment,
automobile parts, medical apparatus, and others.
Asia-Pacific
is expected to register the largest share in the freight and logistics market
during the forecast period: MRFR
Based on
region, the freight and logistics market has been segmented into Europe,
Asia-Pacific, North America, South America, and the Middle East & Africa.
In 2018, Asia-Pacific dominated the market in terms of growth rate, higher
growth is attributed to the growing e-commerce sector in emerging countries
such as China, India, and others.
Get More
Details @
https://www.marketresearchfuture.com/reports/freight-and-logistics-market-8698
Key
Players
The
Prominent Players in the Global Freight And Logistics Market include DB
Schenker Logistics (Germany), Deutsche Post DHL (Germany), The Maersk Group
(Germany), C.H. Robinson (US), Dsv Global Transports and Logistics (Denmark),
Kuehne+ Nagel (Switzerland), Panalpina (Switzerland), FedEx Corp. (US), Walmart
Group (US), United Parcel Service (US), Nippon Express (Japan), and other prominent players
By
Shipping Type
Airways
Railways
Roadways
Waterways
By
Service
Inventory
Management
Packaging
Warehousing
Transportation
Distribution
Custom
Clearance
Other
By End-Use
Industry
Energy &
Utilities
Trade and
Transportation
Government
and Public Utilities
Healthcare
Manufacturing
& Construction
Retail
Media and
Entertainment
Banking and
Financial Services
Telecommunication
& Information Technology
Others
By Region
North
America
Asia-Pacific
Europe
Middle East
& Africa
South
America
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have
supreme objective to provide the optimum quality market research and
intelligence services to our clients.
Contact us:
Market Research Future (part of Wantstats Research and Media Private
Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: sales@marketresearchfuture.com
.jpg){kind=logo}
Freight
and Logistics Market Overview
Rise in
globalization along with improving the world economy have a positive impact on
trade-related activities. The freight and logistics marketis witnessing significant growth
rate due to evolving market trends such as shifting standard of living among
consumers, increased consumer preference for the reduced delivery time, and the
procurement of innovative techniques for the fast delivery of products are some
of the factors that are driving freight and logistics market. Various
technological advancement in the e-commerce industry for delivering products
such as drone delivery and driverless vehicle is likely to have a positive
impact on freight and logistics.
Freight and
Logistics Market is projected to be worth USD 21.13 Billion by 2030,
registering a CAGR of 4% during the forecast period (2022 - 2030)
The
waterways segment is expected to occupy the larger share of the global freight
and logistics market: MRFR
By shipping
type, the global freight and logistics market has been segmented into airways,
railways, roadways, and waterways. Shipping goods through waterways is cheapest
mode of tranportation and also ships can carry large volume of bulky goods. So,
The waterways segment is expected to hold largest market share and will show
highest growth rate.
The
warehousing segment is expected to hold the largest share of the global freight
and logistics market: MRFR
Based on
service, the global freight and logistics market is segmented into inventory
management, packaging, warehousing, transportation, distribution, custom
clearance, and other. The warehousing segment holds the dominant share and will
continue its dominance during the forecast period. The higher demand is
attributed due to growing e-commerce and retail industry.
The
manufacturing & construction segment among the end-use industry is expected
to dominate in terms of growth rate the global freight and logistics market:
MRFR
Based on
end-use industry, the market has been segmented as energy & utilities,
trade and transportation, government and public utilities, healthcare,
manufacturing & construction, retail, media and entertainment, banking and
financial services, telecommunication & information technology, and others.
The manufacturing & construction segment holds largest market share this is
attributed to growing import export of electrical machinery and equipment,
automobile parts, medical apparatus, and others.
Asia-Pacific
is expected to register the largest share in the freight and logistics market
during the forecast period: MRFR
Based on
region, the freight and logistics market has been segmented into Europe,
Asia-Pacific, North America, South America, and the Middle East & Africa.
In 2018, Asia-Pacific dominated the market in terms of growth rate, higher
growth is attributed to the growing e-commerce sector in emerging countries
such as China, India, and others.
Scope of
the Report
This study
provides an overview of the global freight and logistics market, tracking three
market segments across five geographic regions. The report studies key players,
providing a five-year annual trend analysis that highlights market size,
volume, and share for Europe, Asia-Pacific, North America, Middle East &
Africa, and South America. The report also provides a forecast, focusing on the
market opportunities for the next five years for each region. The scope of the
study segments the global freight and logistics market by type, insulation
material, component, and region.
Get More
Info @
https://www.marketresearchfuture.com/reports/freight-and-logistics-market-8698
Key
Players
The
Prominent Players in the Global Freight And Logistics Market include DB
Schenker Logistics (Germany), Deutsche Post DHL (Germany), The Maersk Group
(Germany), C.H. Robinson (US), Dsv Global Transports and Logistics (Denmark),
Kuehne+ Nagel (Switzerland), Panalpina (Switzerland), FedEx Corp. (US), Walmart
Group (US), United Parcel Service (US), Nippon Express (Japan), and other prominent players
By
Shipping Type
Airways
Railways
Roadways
Waterways
By
Service
Inventory
Management
Packaging
Warehousing
Transportation
Distribution
Custom
Clearance
Other
By
End-Use Industry
Energy &
Utilities
Trade and
Transportation
Government
and Public Utilities
Healthcare
Manufacturing
& Construction
Retail
Media and
Entertainment
Banking and
Financial Services
Telecommunication
& Information Technology
Others
By Region
North
America
Asia-Pacific
Europe
Middle East
& Africa
South
America
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), & Consulting Services. MRFR team have supreme
objective to provide the optimum quality market research and intelligence
services to our clients.
Contact us:
Market Research Future (part of Wantstats Research and Media Private
Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: sales@marketresearchfuture.com
Global Freight and Logistics Market Overview:
MMR Report has given detail analysis of Global Freight and Logistics market By their type, application and region, in 2020 and forecast Global Freight and Logistics market at the end of 2027 with the help of primary and secondary research. The report covers all the market insight, environmental condition, political issue of specific region. Our research methodologies gives all the key finding of Global Freight and Logistics market.
Request for free sample:
https://www.maximizemarketresearch.com/request-sample/65801
Global Freight and Logistics Market Scope:
MMR report gives decision making to know the market segments, market trends, growth factors and market key findings. Report also provides major key players in terms of their revenues, business strategies and product launches. The Global Freight and Logistics market report provides qualitative and quantitative analysis, market share, size and competitive benchmarking. Our research experts helps you to aware the market risk in present and future for business prospective. The market include landscape analysis, CAGR analysis, five Porter’s analysis and PESTLE analysis
The Global Freight and Logistics Industry 2021 Market Research Report provides exclusive key statistics, data, information, trends, and competitive landscape insights in this particular domain. The current situation of the Global Freight and Logistics industry is examined, and the market is forecasted until 2027. Company profiles, product images and specs, capacity, production, price, cost, revenue, and contact information for global major manufacturers of Global Freight and Logistics market share are likely to be included in the study.
Key Players:
• Dsv Global Transports and Logistics
• Kuehne+ Nagel
• The Maersk Group
• Deutsche Post DHL
• DB Schenker Logistics
• C.H. Robinson
• Panalpina
• United Parcel Service
• FedEx Corp.
• Walmart Group
• Nippon Express
• XPO Logistics
• J.B. Hunt Transport Services
• Ryder Supply Chain Solutions
• Expeditors
• Penske Logistics
• Lineage Logistics
• Geodis
• Ceva Logistics
• A.P. Moller–Maersk
• Worldwide, Inc.
The competitive landscape is an important aspect of which every key actor should be aware. The research illuminates the competitive landscape of the Global Freight and Logistics market, allowing readers to understand competitiveness at both the domestic and global levels. Areas of operation, production, and product portfolio are all important considerations. In addition, the study examines key characteristics such as company size, market share, market growth, revenue, production volume, and profitability.
Get more Report Details:
https://www.maximizemarketresearch.com/market-report/global-freight-and-logistics-market/65801/
Global Freight and Logistics Market Regional Analysis Includes:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.)
COVID-19 Impact Analysis on Global Freight and Logistics Market:
The COVID-19 pandemic has had a different impact on different racial and ethnic groups. Inequities in the social determinants of health—income and wealth, access to and utilisation of health care, education, occupation, discrimination, and housing—are all linked. For emerging market and developing countries, economic headwinds will come from a variety of directions. Even this bleak forecast is rife with uncertainties and significant risks. The speed with which the crisis has swept the global economy may reveal the severity of the downturn. Our highly experienced and knowledgeable staff is always inventing and delivering unique solutions to our clients while utilising cutting-edge technology.
The following are some of the highlights of the report:
- A global overview of Global Freight and Logistics
- The global market's drivers, restraints, and other forces, as well as the current market size and projections, are identified.
- A comprehensive examination of the regulatory system and policies.
- Comprehensive business profiles of the industry's top players.
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