Logistics Services Market Outlook To 2027 With Key players- PANALPINA WORLD TRANSPORT (HOLDING) LTD., United Parcel Service (UPS), A.P. MOLLER - MAERSK, Nippon Express, FedEx, DB Schenker, DHL International GmbH

The Logistics Services Market was valued at US$ 1,122.6 Bn in 2018 and is projected to reach US$ 2,029.4 Bn by 2027; it is expected to grow at a CAGR of 6.9% from 2019 to 2025. The logistics services market worldwide has been experiencing an intense growth, owing to the constant investments, new product development, and integration of futuristic technology in the present scenario.

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Impact of COVID-19 Pandemic on Logistics Services Market

The COVID-19 outbreak, which began in Wuhan (China) during December 2019, has spread at a fast pace worldwide. The global factory shutdowns, travel bans, and border lockdowns, to combat and contain the outbreak, have impacted every industry and economy worldwide. The majority of the manufacturing plants are either temporarily shut or operating with minimum staff; due to which the Logistics Services and related components are disrupted. Additionally, the demand for frozen foods has been showcasing a slowdown since the outbreak of COVID-19 in the countries

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

Market Insights
Growing needs of unification amongst the increasingly complex supply chains
Globalization has led to increasing domestic and international trade relations between nations. Further, as many international companies' lean towards globalization and market expansions, logistical challenges have become more complex than ever. The logistical complexities have multiplied mainly due to the diverse nature of consumer demands observed in different regions pertaining to any product.

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Logistics Services Market Segmentation:

By Mode of Transportation
• Roadways
• Railways
• Waterways
• Airways
By Logistics Provider
• First & Second Party Logistics
• Third Party Logistics
• Fourth Party Logistics
• Fifth Party Logistics
By Organization Size
• Small & Medium Enterprise
• Large Enterprise

Key vendors engaged in the Logistics Services market and covered in this report:
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Logistics Services market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Logistics Services market segments and regions.

Researchers also carry out a comprehensive analysis of the recent regulatory changes and their impact on the competitive landscape of the industry. The research assesses the recent progress in the competitive landscape including collaborations, joint ventures, product launches, acquisitions, and mergers, as well as investments in the sector for research and development.

Further, in the research report, the following points are included along with an in-depth study of each point:
* Supply and Consumption- In continuation of sales, this section studies the supply and consumption of the Market. This part also sheds light on the gap between supply and consumption. Import and export figures are also given in this part.
* Production Analysis- Production is analyzed with respect to different regions, types, and applications. Here, the price analysis of various Market key players is also covered.
* Sales and Revenue Analysis- Both, sales and revenue are studied for the different regions of the global market. Another major aspect, price, which plays an important part in the revenue generation, is also assessed in this section for the various regions.
* Other analyses- Apart from the information, trade and distribution analysis for the Market, contact information of major manufacturers, suppliers and key consumers are also given. Also, SWOT analysis for new projects and feasibility analysis for new investment are included.

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Table of Content:
Chapter1. Executive Summary
Chapter2. Research Methodology
Chapter3. Market Outlook
Chapter4. Global Logistics Services Market Overview, By Type
Chapter5. Global Logistics Services Market Overview, By Application
Chapter6. Global Logistics Services Market Overview, By Region
Chapter7. Company Profiles

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Contact Person: Sameer Joshi
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Phone: +1-646-491-9876

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 specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

This release was published on openPR.