Exclusive Report on Global Green Logistics Industry: Increasing environmental concerns to drive the market.

The global Green Logistics market size was valued at $1.05 Billion in 2020 and is expected to reach $2.08 Billion by 2028 growing at the CAGR of 9.76% from 2021 to 2028.

This growth is attributed to the rapid advancements in technology and the rise in environmental awareness
● Rapid advancements in technology
The emergence of new technologies aligning with the prevalent business requirements in the current scenario will contribute remarkably towards the surge of the market during the forecast timeline.
● Rise in environmental awareness
Concrete climate protection plans like preventing carbon emissions in the atmosphere are being enforced by companies, contributing to further proliferation of the market.

The high expense of green logistics may restrict the development of the green logistics market over the forecast period.

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The recently published research report on Global Green Logistics Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Green Logistics market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Green Logistics market report also includes the following data points:
● COVID19 Impact on Green Logistics market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in Green Logistics market

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Key Players
Some of the major Green Logistics players holding high market share include IBM Corporation, Ericsson, and Honeywell. These players use new partnerships and expansion as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
● IBM Corporation
● Ericsson
● Honeywell
● Huawei Technologies Co Ltd.
● Siemens AG
● Hitachi Corporation
● Cisco Systems, Inc.
● Oracle Corporation
● Microsoft Corporation
● Schneider Electric SE

Segmental Analysis
Market Segment By Organization size with a focus on market share, consumption trend, and growth rate of Green Logistics Market:
o Large Enterprise
o Small
o Medium Enterprise

Market Segment By Supply Chain Process with focus on market share, consumption trend, and growth rate of Green Logistics Market:
o Transportation
o Inbound Logistics
o Outbound Logistics
o Disposal and Revenue Logistics
o Warehousing and Material Handling
o Packaging

Market Segment By Industry with a focus on market share, consumption trend, and growth rate of Green Logistics Market:
o Retail and Consumer Goods
o Semiconductor and Electronics
o Chemical and Material
o Automotive
o Farming and Agriculture
o Others

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Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

The Asia Pacific dominated the market and is expected to register the highest CAGR during the forecast period for the market of Green Logistics Market. The rapid growth of the Asia Pacific market is attributed to the rise in the number of green logistics companies, which are taking initiatives to improve the distribution network across the region.

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