Press release
India Logistics Market Size to Grow at 9.17% During 2022-2027
According to the latest report by IMARC Group "India Logistics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The India logistics market is expected to exhibit a CAGR of 9.17% during 2022-2027.Logistics refers to the detailed procedure of managing procurement, storage, and movement of resources from the origin point to their final destination. It mainly includes services, such as inbound and outbound transportation, inventory management, material handling, warehousing, etc. In addition, logistics assist in maintaining supply chains, improving operational efficiency, reducing overhead transportation costs, etc. As a result, these services find widespread applications across various sectors, including healthcare, manufacturing, food and beverage (F&B), FMCG, consumer electronics, retail, IT hardware, automotive, telecom, oil and gas, etc.
Request for a free sample copy of this report: https://www.imarcgroup.com/india-logistics-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
India Logistics Market Trends and Drivers:
The escalating demand for foreign goods, especially in the emerging economies, is among the primary factors driving the India logistics Market. Besides this, the development of a highly integrated supply chain network that links producers and consumers through several transportation modes, such as freight rail, ocean carrier, air and express delivery services, truck conveyance, etc., is further augmenting the market growth. Moreover, the elevating advancements in logistics, including automated material handling equipment, biometrics, high-speed network connectivity, and GPS that aid organizations and businesses to work proficiently, are also catalyzing the market across India. Apart from this, the expanding e-commerce industry and the increasing number of national and international trade activities are acting as significant growth-inducing factors. In addition, the rising need for green solutions by the leading manufacturers to reduce the environmental impact and improve the credentials of their businesses is also stimulating the market growth. Furthermore, the growing popularity of driverless vehicles and drones for enhancing operational efficiency and time of these services is expected to bolster the India logistics market in the coming years.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Model Type:
2 PL
3 PL
4 PL
Breakup by Transportation Mode:
Roadways
Seaways
Railways
Airways
Breakup by End-Use:
Manufacturing
Consumer Goods
Retail
Food and Beverages
IT Hardware
Healthcare
Chemicals
Construction
Automotive
Telecom
Oil and Gas
Others
Breakup by Region:
North India
West and Central India
South India
East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/india-logistics-market
Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports By IMARC Group
India Truck Market: https://www.imarcgroup.com/indian-truck-market
Railway System Market: https://www.imarcgroup.com/railway-system-market
Biopharmaceutical Third Party Logistics 3pl Market: https://www.imarcgroup.com/biopharmaceutical-third-party-logistics-market
Connected Logistics Market: https://www.imarcgroup.com/connected-logistics-market
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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