Green Logistics Market Regional Revenue, Growth and Trends Analysis 2021-2030 | 20Cube Logistics Pte Ltd, Al Futtaim Logistics, Bolloré Logistics

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With growing environmental concern, logistics companies are increasingly using electric vehicles for transportation of goods thus growing the penetration of ‘green” in logistics industry which is subsequently driving the global green logistics market. Since 2000, electric vehicles are operational. In general logistics businesses use conventional internal combust engine automobiles for their transportation needs. Electric vehicles have several environmental benefits over conventional internal combust engine automobiles counting reduction of air pollution, especially in cities. Conventional vehicles emit harmful pollutants including organic compounds, hydrocarbons, carbon monoxide (CO), ozone, lead, and various oxides of nitrogen - Nitrous Oxide (N2O), Nitrogen Monoxide (NO), Dinitrogen Trioxide (N2O3), Nitrogen Dioxide (NO2), Dinitrogen Pentoxide (N2O5) and Dinitrogen Tetroxide (N2O4) among others. All these pollutants have a very harmful effect on the environment.

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Globally there is a surge in demand for electric vehicles from various industries. Adoption of electric vehicles in logistics industry has risen in Europe. The European Commission launched a project ENCLOSE (ENergy efficiency in City LOgistics Services for small and mid-sized European Historic Towns) with the objective of sensitizing stakeholders and general public in use of sustainable urban logistics in Europe’s small and mid-sized historic towns. ENCLOSE project was operational in 13 European countries - Austria, Bulgaria, Greece, Ireland, Italy, Norway, Poland, Romania, Portugal, Spain, Sweden, The Netherlands and the UK. ENCLOSED project ran. In Europe, transportation accounted for 25.0% of carbon di-oxide emissions in the environment. Road transportation accounts for more than 70.0% of carbon di-oxide emission to environment. All these lead to European Union (EU) developing strategies for sustainable urban logistics plan (SULP).

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Global green logistics market is anticipated to grow at a CAGR of 6.5% during the forecast period, owing to penalties imposed by government on non-compliance of the standard set for the companies for harming the environment. An increase in the use of electric vehicles as they produce zero-emission to the environment is driving the global green logistics market.

Some of the players covered in the Global green logistics market :
20Cube Logistics Pte Ltd, Al Futtaim Logistics, Bolloré Logistics, Bowling Green Logistics, DHL International GmbH, Express Freight Management, Fujitsu Limited, Go Green Logistics, Hupac Group, KLG Europe, Mahindra Logistics Ltd., Peter Green Chilled, The Green Group, Transervice Logistics Inc., United Parcel Service of America, Inc., Westerman Multimodal Logistics among others.

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Global Green Logistics Market:

By Organization Size
o Large Enterprises
o Small and Medium Enterprises

By Supply Chain Process
o Transportation
o Inbound Logistics
o Outbound Logistics
o Disposal and Reverse Logistics
o Warehousing and Material Handling
o Packaging

By Industry
o Retail and Consumer Goods
o Semiconductor and Electronics
o Chemical and Material
o Automotive
o Energy and Utilities
o Farming and Agriculture
o Others

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