Massive Growth in Logistics Service Market Set to Witness Huge Growth by 2027

The 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.
Globally, the market continue to witness a surge in demand for logistics services owing to rise in trade activities especially from emerging economies.

As per the LPI (Logistics Performance Index) published by the World Bank, Europe’s score was 3.68, which was the relatively highest score in 2018. Europe’s leadership as the LPI score is majorly attributed to its robust infrastructure, custom services, logistics competence, timeliness and tracking and tracing abilities. The timeliness factor has been derived as a vital contributor to Europe’s position in the global LPI, which was 4.04. Furthermore, snowballing interest of the manufacturing, automotive, retail, and other industries in outsourcing of the logistics services has also fueled the growth of the Logistics Service Market in Europe.

Besides, persistent propulsion in industrialization 4.0 is also expected to contribute to the growth of the logistics service market, as the production index of the region enhances and the demand for timely and complicated delivery would also increase. Warehousing, inventory management, and transportation are some of the popular logistics services that are highly outsourced in the European region. However, the key challenge faced by the logistics service providers in the region is to gain profits despite the surging price pressure from the end-consumers.

This report studies the Logistics Service market status and outlook of Global and major regions, from angles of players, countries, product types and end industries, this report analyzes the top players in global industry, and splits by product type and applications/end industries.

Get Sample Copy of this Report @ https://www.theinsightpartners.com/sample/TIPTE100001284/?utm_source=Openpr&utm_medium=10330

The report covers the following key players in
global Logistics Service market:
• CEVA Logistics
• PANALPINA WORLD TRANSPORT (HOLDING) LTD.
• United Parcel Service (UPS)
• C.H. Robinson Worldwide, Inc.
• A.P. MOLLER - MAERSK
• Nippon Express
• FedEx
• DB Schenker
• DHL International GmbH
• KUEHNE + NAGEL

Competitive Analysis:
The report covers major players operating in the Logistics Service market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities.

Key Market Segments
By Mode of Transport
• Railways
• Roadways
• Airways
• Waterways

By End User Industry
• Healthcare
• Manufacturing
• Trade and transportation
• Telecommunication
• Government and public utilities
• Banking and financial services
• Retail
• Media and entertainment
• Information technology
• Others

Geographically, this report is segmented into several key countries, with market size and growth rate of Logistics Service in these countries, which covering United States, Canada, Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium, China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam, Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria, Brazil, Mexico, Argentina, Colombia, Chile, Peru.

Important Features that are under offering & key highlights of the report:
- Detailed overview of Logistics Service market
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application etc
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Logistics Service market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Logistics Service market performance
- Market players information to sustain and enhance their footprint

Global Logistics Service Market Report includes Detailed TOC points:
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Logistics Service Market

2 Market Segmentation
3 Market Overview
4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Logistics Service Market, By Type
8 Global Logistics Service Market, by Application
9 Global Logistics Service Market, By Deployment
10 Global Logistics Service Market, By End User
11 Global Logistics Service Market, By Distribution Channel
12 Global Logistics Service Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio

Click here to get Buy Now @ https://www.theinsightpartners.com/buy/TIPTE100001284/?utm_source=Openpr&utm_medium=10330

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.