Logistics Market News and Updates 2021 and Technology Revolution and Major Key Factors Analysis

The global logistics market is estimated to account for US$ 8627.4 Mn in terms of value by the end of 2027, exhibiting a CAGR of 5.3% during the forecast period (2020-2027).

Logistics offer various advantages including improvement in delivery performance, reduction in operational cost, and increase in customer satisfaction levels. Hence, it is being considered a vital aspect of the business by many manufacturers and retailers worldwide. Furthermore, it helps to make an organization more competitive in regards of delivery, flexibility, cost, and quality.
Globalization is another factor supporting growth of the market with a number of multi-national companies outsourcing their logistics solutions. Moreover, logistics helps organizations segregate different parts of a production process across different countries. This significantly brings reduction in the overall cost of production. Therefore, these factors are expected to drive growth of the global logistics market during the forecast period.

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To provide information on the competitive landscape, this report includes detailed profiles of major key players of the Logistics Market Industry: Minsheng APLL Logistics Co., Ltd., China Ocean Shipping Company (COSCO), Deutsche Post DHL, FedEx Corporation, Jiangsu Aucksun Co. Ltd., Kuehne-Nagel, Inc., Orient Overseas (International) Ltd., Shenzhen Feima International Supply Chain Co., Ltd., Sinotrans Limited, United Parcel Service, Inc.

The Logistics Market market research scrutinied key drivers market, predicted opportunity, and major company suppliers. The report data is gathered from various reliable sources and expert opinions. The rising trend of new technology trend market report work on effective business strategy by top competitive manufacturers. The complete analysis report covers an analysis of market key factors, Logistics Market industry insights, growth rate, business outline, product classification, application, latest trend, and regional overview.

The Report Provides Insights on the Following Pointers:-
• The comprehensive report analyzes various segments across geographies.
• Detailed insights on the upcoming technologies, innovation, and R&D activities.
• In-depth assessment of the market strategies and business strategy.
• The market development information about the emerging trends and the economy.
• This report covers product portfolios of the top company players.
• Review on competitive assessment, new products launch, and geographical development.

Detailed Segmentation:

Global Logistics Market, By Transport Infrastructure:
• Road
• Sea
• Rail
• Air
Global Logistics Market, By End-use Industry:
• Manufacturing
• Retail
• Trade & Transportation
• Government & Utilities
• Healthcare
• Media & Entertainment
• Banking & Financial Services
• Telecommunication
• Others
Global Logistics Market, By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Market Dynamics Drivers and Restraints Opportunities:-
The increased sales of automobiles all across the globe are expected to augment the growth of the global Logistics Market market. Moreover, an increase in disposable income among individuals especially in developing nations is expected to create propulsion in the global market. In addition, the Optical research report also offers a deep analysis of the recently adopted growth strategies and development plans of the industry. This report explores all the key factors affecting the growth of the Logistics Market market including supply and demand scenario, pricing structure, profit margins.

Impact of COVID-19:-
The outbreak of the COVID-19 pandemic since December 2019, had a major effect on the growth of the global Logistics Market market, owing to the unavailability of required manual labor and strict travel rules worldwide, which restricted the movement of raw materials and finished products. Moreover, the sudden closing down of businesses and social distancing laws also affected the work in the manufacturing sector, which in turn affected the global Logistics Market market.

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Major Points from Table of Contents:
Chapter 1: Introduction
Chapter 2: Executive summary
Chapter 3: Market outlook
Chapter 4: Logistics Market Market Overview, By Type
Chapter 5: Logistics Market Market Overview, By Application
Chapter 6: Logistics Market Market Overview, By Region
Chapter 7: Industry Structure
Chapter 8: Company Profiles

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This release was published on openPR.