Logistics Service Market Growth Rate, Business Opportunities and Forecast to 2027 | EVA Logistics, Panalpina World Transport, United Parcel Service, Nippon Express, FedEx, DB Schenker, DHL International

The growing emphasis towards achieving improved operational efficiencies coupled with the rise in popularity of outsourcing logistics operations and selected supply chain process for reducing the operational costs has gained significant traction across various industries and subsequently propelling the growth for logistics service market. Moreover, the emergence of third-party logistics and fourth-party logistics provider has further boosted the recent surge in demand for logistics service providers and resulting in the growth of the logistics service market globally. Currently, some of the primary services rendered by the leading logistics provider include freight forwarding, freight management, consulting, route optimization, network analysis, project management, inventory & storage management, and supply chain consultancy among other various logistics services. Also, the versatile benefits associated with the adoption of technologically driven logistics services such as real-time tracking & monitoring, analytics, forecasting, and planning is also expected to provide numerous profitable opportunities for the market players of the logistics service market during the coming years. Thus, the logistics service market is expected to provide numerous profitable opportunities for market players during the coming years. The Global Logistics Service Market revenue accounted for US$ 1,122.58 Bn in 2018 and is expected to grow at a CAGR of 6.9% during the forecast period 2019 - 2027, to account to US$ 2,029.38 Bn by 2027.

Some of the key players of the Logistics Service Market:
CEVA Logistics, Panalpina World Transport, United Parcel Service, C.H. Robinson Worldwide, A.P. MOLLER - MAERSK, Nippon Express, FedEx, DB Schenker, DHL International GmbH, KUEHNE + NAGEL

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Globally, there is a substantial growth in demand for logistics services by several organizations to increase efficiency, meet the customer’s delivery expectations, and minimize overall operations cost. Logistics service outsourcing is the common practice among large manufacturers to construct a suitable supply chain and improve the flexibility in overall operations. Large enterprises mainly outsource logistic functions that are non-core activities. Logistics services help large enterprises to distribute their different products and brands across the globe and enable rapid sales growth for the company. The large organizations across various industry verticals such as industrial manufacturing, retail aerospace, and others are focusing on adopting logistics services as it provides multiple advantages such as time-saving, cost optimization, accountability, flexibility, and reduced risks among others. Thus, the logistics service provider’s delivers a broad range of logistic solution to large enterprises in both domestic and international markets. As a result, the logistics service market is poised to offer numerous profitable business opportunities for market players during the forecast period.

Segmentation by Mode of Transportation:
Roadways, Waterways, Rail and, Airways

Segmentation by Logistics Providers:
First & Second Party Logistics, Third Party Logistics, Fourth Party Logistics, and Fifth Party Logistics

Segmentation by End-users:
Government & Public Utilities, Healthcare, Industrial Manufacturing, Retail & Consumer Goods, and Aerospace & Defense, and Others

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Logistics Service Market Size
2.2 Logistics Service Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Logistics Service Market Size by Manufacturers
3.2 Logistics Service Key Players Head office and Area Served
3.3 Key Players Logistics Service Product/Solution/Service
3.4 Date of Enter into Logistics Service Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Logistics Service Sales by Product
4.2 Global Logistics Service Revenue by Product
4.3 Logistics Service Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Logistics Service Breakdown Data by End User

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