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How North America is leading in the Logistics Market System?

07-20-2021 12:48 PM CET | Logistics & Transport

Press release from: Coherent Market Insights

Logistics Market

Logistics Market

Logistics Market Perspective 2021

๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ฃ๐—ฎ๐—ด๐—ฒ๐˜€: [130 Pages]

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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The E-commerce market is experiencing high growth rate due to increasing popularity of online shopping and increased customer reliance on online vendors. The market is further expected to grow with addition of new online stores for different consumer goods such as shoes, clothes and musical instruments among others. However, cross-border delivery of goods is acting as a challenge to the market in regions such as the Middle East, where government rules and regulations change constantly.

Green logistics refers to an attempt to measure and minimize the ecological impact of logistics activities. The primary objective is to create a sustainable company value by maintaining a balance between economic and environmental efficiency. Many logistics companies adopting green logistic solutions, in order to reduce the adverse effects on environment and enhance the efficiency of the company.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—ฃ๐——๐—™ ๐—•๐—ฟ๐—ผ๐—ฐ๐—ต๐˜‚๐—ฟ๐—ฒ:
https://www.coherentmarketinsights.com/insight/request-sample/4388

๐—™๐—ฟ๐—ฒ๐—พ๐˜‚๐—ฒ๐—ป๐˜๐—น๐˜† ๐—”๐˜€๐—ธ๐—ฒ๐—ฑ ๐—ค๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป๐˜€ (๐—™๐—”๐—ค) :

๐—ช๐—ต๐—ฎ๐˜ ๐—ถ๐˜€ ๐˜๐—ต๐—ฒ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐˜€๐—ถ๐˜‡๐—ฒ, ๐˜€๐—ต๐—ฎ๐—ฟ๐—ฒ ๐—ผ๐—ณ Logistics ?

๐—ฌ๐—ฒ๐˜€, The global logistics market was valued at US$ 5831.4 Mn in 2019 and is forecast to reach a value of US$ 8627.4 Mn by 2027 at a CAGR of 5.3% between 2020 and 2027.

๐—ช๐—ต๐—ผ ๐—ฎ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ธ๐—ฒ๐˜† ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€/๐—ฝ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ Logistics?

๐—ฌ๐—ฒ๐˜€, You can add Specific ๐—–๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐˜† ๐˜‚๐—ฝ๐˜๐—ผ ๐Ÿฏ ๐—–๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€.

Companies Covered as part of this study include: Changan 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.,

๐—–๐—ฎ๐—ป ๐—ถ ๐—”๐˜€๐—ธ ๐—™๐—ผ๐—ฟ ๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜‚๐—ป๐˜ / ๐—ฃ๐—ฟ๐—ผ๐—บ๐—ผ-๐—–๐—ผ๐—ฑ๐—ฒ?

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Statistics:

Asia Pacific region held dominant position in the global logistics market in 2019, accounting for 33% share in terms of value, followed by North America, Europe, Middle East & Africa (MEA), and Latin America respectively.

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Coherent Market Insights
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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