Press release
Contract Logistics Market valued at USD 262 billion in 2023, is projected to experience robust growth with a Compound Annual Growth Rate (CAGR) of 7.6 Parcentage during the forecast period from 2023 to 2029
Contract Logistics Market
The report titled "Contract Logistics Market" provides comprehensive insights into the contract logistics industry. It covers market values, regional insights, market segments by service (Transportation, Warehousing, Distribution, Aftermarket Logistics), type (Insourcing, Outsourcing), and industry verticals (Retail, E-Commerce, Manufacturing, Others) across North America, Europe, Asia Pacific, Middle East and Africa, and South America.
The report follows a rigorous research methodology, combining primary and secondary data collection techniques. It includes industry experts' insights, market trends, and analysis of key players to provide accurate market intelligence.
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What are Contract Logistics Market Dynamics:
Increasing Adoption of Logistics Software: The contract logistics market is witnessing a significant rise in the adoption of logistics software. This technology-driven approach improves overall operations, enhances efficiency, and reduces process complexities. Logistics management software enables real-time pricing updates, inventory tracking, and better visibility throughout the supply chain. As companies strive to optimize their logistics processes, the demand for logistics software is expected to surge.
Integration of AI and Robotics: The logistics industry is experiencing a transformative shift with the integration of Artificial Intelligence (AI) and robotics. AI-powered systems are utilized to discover patterns in data, optimize transportation routes, forecast demand, and plan budgets effectively. Additionally, robotics technology is revolutionizing warehouse management, with innovations in automated picking, sorting, and packing processes. The combination of AI and robotics is enhancing operational efficiency and cost-effectiveness in the contract logistics market
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Contract Logistics Market Regional Insights:
North America dominated the market in 2023 with a 45% share. The region's e-commerce and retail sectors, especially in the US, have driven the demand for contract logistics services. Europe holds the second-largest market share, with Germany leading the way. The retail and automotive industries significantly contribute to Europe's contract logistics market.
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What is Contract Logistics Market Segmentation:
by Service
1. Transportation
2. Warehousing
3. Distribution
4. Aftermarket Logistics
by Type
1. Insourcing
2. Outsourcing
by Industry Vertical
1. Retail
2. E-Commerce
3. Manufacturing
4. Others
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Who are Contract Logistics Market Key Players:
1. Agility
2. CEVA
3. DB Schenker
4. DHL Supply Chain
5. DSV
6. Kuehne + Nagel
7. Ryder System
8. SNCF Logistics/GEODIS
9. UPS Supply Chain,
10. Yusen Logistics
11. GEODIS
12. Hitachi Transport System
13. Penske
14. Neovia Logistics Services
15. Ryder System, Inc.
16. XPO Logistics, Inc
Table of content for the Contract Logistics Market includes:
Global Contract Logistics Market: Research Methodology
Global Contract Logistics Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Contract Logistics Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Contract Logistics Market Segmentation
Global Market, by Service (2023-2029)
Global Market, by Type (2023-2029)
Global Market, by Industry Vertical (2023-2029)
Regional Contract Logistics Market (2023-2029)
Regional Market, by Service (2023-2029)
Regional Market, by Type (2023-2029)
Regional Market, by Industry Vertical (2023-2029)
Regional Market, by Country (2023-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Service , Type and Industry Vertical
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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