Warehousing and Distribution Logistics Market Growth Set to Surge Significantly during 2022 - 2028

According to our latest market study on "Warehousing and Distribution Logistics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Solution, Service); Industry Vertical (Automotive, Aerospace, Retail, Healthcare, Food and Beverages, Others) and Geography"

Efficient warehousing and distribution management is vital to commercial success in today's highly competitive landscape. Technological intervention and innovations in the warehousing and distribution logistics are proving crucial to the modern logistic infrastructure. Government and private players across the globe are seen to invest in a robust transportation and trade infrastructure. Real-time location access and other such features offer a positive outlook for the industry during the forecast period.

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Companies Profiled in this report includes: Agility,  Aramex PJSC,  CEVA Logistics,  Deutsche Post AG,  Gulf Agency Company Ltd. (GAC),  Integrated National Logistics,  Kuehne und Nagel International AG,  Linfox Pty Ltd,  Schenker AG (Deutsche Bahn),  Yusen Logistics Co., Ltd.

MARKET SEGMENTATION

  Based on component, the global Warehousing and distribution logistics market market is segmented into solution, and service.

  On the basis of industry vertical, the market is segmented into automotive, aerospace, retail, healthcare, food and beverages, and others.

MARKET DYNAMICS

Drivers

  Demand for express delivery is expected to fuel the market growth in future.

  Technological disruptions in the industry and improving transportation infrastructure.

Restraints

  High land costs may hamper the growth of the warehousing and distribution logistics market during the forecast period.

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IMPACT OF COVID-19 ON WAREHOUSING AND DISTRIBUTION LOGISTICS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

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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, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.