
The growth of the logistics market is driven by expanding global trade, rise in e-commerce activities, and advancements in supply chain technologies. Rise in demand for efficient transportation and warehousing solutions, coupled with rise in adoption of automation, AI, and IoT, enhances operational efficiency and reduces costs. Government investments in infrastructure development, such as smart ports and digital freight corridors, further support market expansion. In addition, the push for sustainable logistics, including electric and autonomous vehicles, is reshaping industry dynamics. With rapid urbanization and evolving consumer expectations, companies are focusing on last-mile delivery optimization, fostering innovation and growth in the logistics sector.
Request Sample Pages: https://www.alliedmarketresearch.com/request-sample/1942
The logistics market is evolving with key trends shaping its growth. The rise of e-commerce is driving demand for faster and more efficient delivery solutions, including last-mile logistics. Automation, artificial intelligence, and blockchain are enhancing supply chain transparency and efficiency. Sustainability is gaining importance, with companies adopting green logistics, electric vehicles, and carbon-neutral initiatives.
The global logistics market is expanding due to rise in e-commerce activities, technological advancements, growing international trade, and demand for efficient supply chains. Sustainability initiatives and improved infrastructure further support industry growth.
Leading Key Players:
- GEODIS
- FedEx
- Nippon Express Co., Ltd
- DB Schenker
- A.P. Moller - Maersk
- Kuehne+Nagel
- DSV
- C.H. Robinson Worldwide Inc
- UNITED PARCEL SERVICE OF AMERICA, INC
- Deutsche Post AG.
Buy Now: https://www.alliedmarketresearch.com/checkout-final/78e4e86bb9c35555b63a79894309aa2d
On the basis of region, North America held the highest market share in terms of revenue in 2023, accounting more than two-fifths of the global logistics market revenue. This is due to its well-established transportation infrastructure, high e-commerce penetration, and strong industrial sector. The region benefits from advanced supply chain technologies, government investments in logistics efficiency, and the presence of major global logistics providers, ensuring seamless freight movement across domestic and international trade routes.