Press release
Freight & Logistics Market: The global market is expected to reach USD 73.91 billion by 2033 from USD 30.91 billion in 2022
According to the report, the global Freight & Logistics Market is expected to grow from USD 30.91 Billion in 2022, which is expected to reach USD 73.91 Billion by 2033, growing at the CAGR of 11.3% from 2023 to 2033. The freight and logistics market refers to the industry involved in the transportation of goods from one place to another. This includes the movement of raw materials, finished products, and other cargo via various modes of transportation such as trucks, ships, trains, and planes.The market is influenced by various factors such as the global economy, consumer demand, and technological advancements. The growth of e-commerce has also had a significant impact on the industry, with the increase in online shopping leading to higher demand for logistics services.
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Key Highlights:
• The global Freight & Logistics Market size was valued at USD 30.91 billion in 2022 growing at a CAGR of 11.3% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Freight & Logistics Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic 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 New Normal
The COVID-19 pandemic has had a significant impact on the freight and logistics market globally. The pandemic caused disruptions in supply chains, shipping schedules, and production schedules, leading to a decrease in demand for logistics services in some sectors and an increase in demand in others.
In terms of COVID 19 impact, the Freight & Logistics market report also includes the following data points:
• COVID19 Impact on Freight & 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 Freight & Logistics market
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Key Players
Some of the major Freight & Logistics players holding high market share include Tiffany & Co, Pandora, Signet Jewellers, Stern, and Chow Tai Fook. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Tiffany & Co
• Pandora
• Signet Jewellers
• Stern
• Chow Tai Fook
• Swarovski
• Cartier
• Buccellati
• Kalyan Jewelers
• Swatch Group
Segmental Analysis
Market Segment By Shipping Type with focus on market share, consumption trend, and growth rate of Freight & Logistics Market:
• Airways
• Railways
• Roadways
• Waterways
Market Segment By Service Type with focus on market share, consumption trend, and growth rate of Freight & Logistics Market:
• Inventory Management
• Packaging
• Warehousing
• Transportation
• Custom clearance
Market Segment By End-Users with focus on market share, consumption trend, and growth rate of Freight & Logistics Market:
• Energy and Utilities
• Trade and Transportation
• Government and Public Utilities
• Healthcare
• Manufacturing and Construction
• Retail
• Banking
• Financial Service
• Telecommunication and Information technology
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Global Freight & Logistics Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Industry and Market Understanding: This report provides a comprehensive overview of a particular industry or market, including its size, trends, key players, and future outlook. By purchasing this research report, you can gain a better understanding of the industry you are operating in or considering entering.
• Competitive Intelligence: This report provides detailed information on competitors, including their strengths and weaknesses, market share, financial analysis, key developments and strategies adopted, and product offerings. This information can help businesses develop effective competitive strategies.
• Investment Decisions: This report helps investors make informed decisions by providing data on market size, growth potential, and key trends. This information can be useful for identifying investment opportunities and evaluating risk.
• Regulatory Compliance: This report includes information on regulatory policies and requirements that affect a particular industry or market. This can be valuable information for businesses seeking to comply with regulations and avoid potential legal issues.
• Overall, Automotive Thermal System Market research reports provide valuable insights and information that can help businesses and individuals make informed decisions in a rapidly changing global marketplace.
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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