Logistics Market Outlook

According to the report by Expert Market Research (EMR), the global logistics market size attained a value of USD 11.26 Trillion in 2024. Bolstered by the increasing demand for efficient supply chains, the rapid growth of e-commerce, and advancements in technology, the market is projected to further expand at a compound annual growth rate (CAGR) of 6.30% between 2025 and 2034, reaching a value of USD 20.74 Trillion by 2034.

The logistics sector plays a pivotal role in the global economy by facilitating the movement of goods across regions and countries, ensuring that products are delivered efficiently and cost-effectively. This includes services such as transportation, warehousing, inventory management, order fulfillment, and supply chain management. As businesses across industries continue to globalize and demand for faster deliveries rises, the logistics industry is experiencing significant transformation, driven by technological innovations and the increasing complexity of global trade.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/logistics-market/requestsample

Key Drivers of Market Growth

E-Commerce Boom: One of the primary factors fueling the growth of the logistics market is the rise of e-commerce. The increasing shift toward online shopping has revolutionized consumer behavior, demanding faster and more reliable delivery services. With major e-commerce players like Amazon, Alibaba, and others expanding their operations, the demand for logistics services has skyrocketed. The ability to provide timely and cost-effective delivery has become a key competitive advantage for online retailers.

As consumers expect faster deliveries, especially same-day or next-day delivery, logistics providers are increasingly adopting innovative technologies and strategies to meet these demands. Additionally, the growing trend of omnichannel retailing, where customers can purchase products online and have them shipped to their homes or pick them up from a local store, is further accelerating the need for efficient logistics solutions.

Technological Advancements: Advancements in technology are another major driver of growth in the logistics market. Innovations such as automation, artificial intelligence (AI), machine learning, and the Internet of Things (IoT) are transforming how logistics companies operate. Automation is increasingly being used in warehouses to streamline operations and reduce labor costs. Robotic systems can now handle repetitive tasks such as sorting, packing, and transporting goods within warehouses, improving efficiency and speed.

Artificial intelligence and machine learning are enhancing route optimization, inventory management, and demand forecasting, allowing logistics providers to improve decision-making and reduce operational costs. The Internet of Things (IoT) is enabling real-time tracking of shipments, providing greater visibility and control over the supply chain. These technological developments are helping logistics companies meet the growing demand for faster, more reliable, and cost-efficient services.

Globalization of Trade: The continued globalization of trade is another key factor driving the logistics market. As businesses expand their operations into new regions, the need for robust and reliable logistics networks becomes increasingly important. The rise of international trade agreements, such as the Regional Comprehensive Economic Partnership (RCEP) and the United States-Mexico-Canada Agreement (USMCA), has led to an increase in cross-border shipments and international logistics operations.

In particular, emerging markets in Asia-Pacific, Latin America, and Africa are becoming increasingly important hubs for global trade. This shift is driving demand for transportation infrastructure, warehousing facilities, and distribution networks in these regions, creating new opportunities for logistics providers.

Increasing Demand for Last-Mile Delivery: The demand for last-mile delivery services has surged due to the e-commerce boom. Last-mile delivery refers to the final leg of the supply chain, where goods are delivered from a distribution center to the consumer's doorstep. As the demand for faster and more flexible deliveries rises, logistics companies are exploring new solutions, including the use of drones, autonomous vehicles, and local delivery hubs to optimize the last-mile process.

The expansion of last-mile delivery services has also led to the growth of same-day and next-day delivery options, which are becoming increasingly common in urban areas. These developments are not only improving customer satisfaction but are also fueling the overall growth of the logistics market.

Sustainability and Green Logistics: As environmental concerns become more pressing, the logistics industry is increasingly focused on sustainability and reducing its carbon footprint. Logistics providers are adopting green practices, such as the use of electric vehicles, energy-efficient warehouses, and alternative fuels, to reduce the environmental impact of their operations. Additionally, there is growing interest in sustainable packaging solutions and the optimization of supply chain processes to minimize waste.

Governments and regulatory bodies are also imposing stricter regulations related to emissions and environmental sustainability, prompting logistics companies to adopt greener practices. The shift toward sustainable logistics is not only helping reduce the industry's environmental impact but also opening up new business opportunities for companies that can provide eco-friendly logistics solutions.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/logistics-market

Logistics Market Segmentation

The market can be divided based on model, transportation mode, end use, region.

Some of the major players explored in the report by Expert Market Research are as follows:

• FedEx Corporation
• United Parcel Service, Inc.
• Schenker AG
• C.H. Robinson Worldwide Inc.
• Deutsche Post AG
• Evri Limited
• DSV A/S
• CMA CGM Group (CEVA Logistics SA)
• Kuehne + Nagel International AG
• Nippon Express Co., Ltd.
• XPO, Inc.
• Expeditors International of Washington, Inc.
• Kintetsu World Express Inc.
• GXO Logistics, Inc.
• A.P. Møller – Mærsk A/S
• TSI Group Inc.
• Others

Challenges in the Market

Company Name: Claight Corporation
Contact Person: Olivia jass, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: http://www.expertmarketresearch.com
Aus Site: https://www.expertmarketresearch.com.au