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Freight And Logistics Market 2023 Analysis By Size, Share, Growth, Trends Up To 2032 | XPO Logistics, United Parcel Service (UPS), DHL, J.B Hunt Transport Services, C.H. Robinson, DSV A/S
Freight And Logistics Global Market
Freight And Logistics Market Size, Growth Rate, And Forecast
The global freight and logistics market size grew from $15.65 billion in 2022 to $16.52 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The freight and logistics market size is expected to grow to $19.2 billion in 2027 at a CAGR of 3.8%.
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Freight And Logistics Market Drivers
The increasing global trade activities are expected to propel the growth of the freight and logistics market going forward. Global trade activities refer to the import and export of goods and services across international boundaries.
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Freight And Logistics Market Segments
1) By Type: Airways, Railways, Roadways, Waterways
2) By Function: Freight Forwarding, Warehousing, Value-added Services, Other Functions
3) By End User: Manufacturing And Automotive, Oil And Gas, Mining, And Quarrying, Agriculture, Fishing, And Forestry, Construction, Distributive Trade, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Freight And Logistics market.
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Freight And Logistics Market Key Players
Major players in the freight and logistics market are XPO Logistics, United Parcel Service (UPS), DHL, J.B Hunt Transport Services, C.H. Robinson, DSV A/S, FedEx, Nippon Express, Ceva Logistics, DB Schenker, Maersk, Deutsche Post AG, Lineage Logistics, and Ryder, Geodis.
The Business Research Company's "Global Freight And Logistics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Freight And Logistics Market Include:
1. Executive Summary
2. Freight And Logistics Market Characteristics
3. Freight And Logistics Market Trends And Strategies
4. Freight And Logistics Market - Macro Economic Scenario
5. Freight And Logistics Market Size And Growth
……
27. Freight And Logistics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Freight And Logistics Market
29. Freight And Logistics Market Future Outlook and Potential Analysis
30. Appendix
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