Freight and Logistics Market Overview: Trends and Insights

Freight and Logistics Market was valued at USD 15.66 Billion in 2022, and is expected to reach USD 22.79 Billion by 2029, exhibiting a CAGR of 5.5 % during the forecast period (2023-2029)

Freight and Logistics Market Report Scope and Research Methodology

Report Scope: The report provides comprehensive insights into the Freight and Logistics Market, covering various segments, including shipping type, services, end-use industries, and regions. It also analyzes market dynamics, drivers, restraints, and opportunities shaping the industry.

Research Methodology: The report employs robust research methodology, incorporating both primary and secondary data sources to ensure accuracy and reliability. The study involves in-depth analysis, data interpretation, and market insights.

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What are Freight and Logistics Market Dynamics?

Drivers:

Digitalization and Integration of the Supply Chain: The logistics industry is undergoing a digital transformation, resulting in increased efficiency, sustainability, and the potential for significant environmental benefits.

E-commerce Boom: The rise of e-commerce has shifted consumer buying behavior, creating a demand for fast, affordable, and on-demand delivery services.

Cold Chain Logistics Growth: The increased demand for cold chain logistics, particularly in Australia, is boosting agricultural exports and reshaping the industry.

Restraints:

Cargo Theft Concerns: Cargo theft remains a global challenge, impacting supply chains, economies, and industries. Preventing cargo theft is a priority for the logistics sector.

3PL Player Dependency: Companies relying heavily on third-party logistics (3PL) firms may face challenges if service dependability or pricing schemes do not align with expectations.

Freight and Logistics Market Segmentation:

The Freight and Logistics Market is divided into four categories based on the kind of shipping they use: air, rail, road, and water. In 2022, the Waterways category led the Freight and Logistics market. During the forecast period, it is anticipated to rise at a considerable CAGR. Waterways logistics are becoming more popular, which may be attributable to the advantages they offer, such as dependable and crowded travel. The advantages of waterways logistics over trucks and railcars include greater loading capacity, lower emissions, effective payload transfer, and optimal fuel usage, which are spurring segment expansion in the freight and logistics business in the near term.

The Freight and Logistics Market is divided into Trade and Transportation, Healthcare, Manufacturing & Construction, Retail, Media and Entertainment, Banking and Financial Services, IT & Telecommunication, and Others based on the end-use industry. In 2022, the Trade and Transportation sector led the Freight and Logistics market, and it is anticipated that it would continue to do so during the forecast period. During the projection period, the Manufacturing and Construction category is anticipated to expand significantly.

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Who are Freight and Logistics Market Key Players?

1. C.H. Robinson (U.S.)
2. United Parcel Service (U.S.)
3. FedEx Corp. (U.S.)
4. Walmart Group (U.S.)
5. UPS (U.S.)
6. XPO Logistics (U.S.)
7. J.B. Hunt Transport Services (U.S.)
8. Ryder Supply Chain Solutions (U.S.)
9. Expeditors (U.S.)
10. Penske Logistics (U.S.)
11. Lineage Logistics (U.S.)
12. Geodis (U.S.)
13. Worldwide, Inc. (U.S.)
14. Nippon Express (Japan)
15. Dsv Global Transports and Logistics (Denmark)
16. Kuehne+ Nagel (Germany)
17. The Maersk Group (Denmark)
18. Deutsche Post DHL (Germany)
19. DB Schenker Logistics (Germany)
20. Panalpina (Switzerland)
21. Ceva Logistics (France)
22. A.P. Moller-Maersk (Denmark)

Table of Content: Freight and Logistics Market

Part 01: Executive Summary

Part 02: Scope of the Freight and Logistics Market Report

Part 03: Global Freight and Logistics Market Landscape

Part 04: Global Freight and Logistics Market Sizing

Part 05: Global Freight and Logistics Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

North America: The region leads the Freight and Logistics Market, driven by Industry 4.0 initiatives, advanced infrastructure, and a strong automotive sector.

Asia Pacific: Asia Pacific dominates the market, with countries like India and Thailand adopting cutting-edge logistics technologies and investing in regional transportation infrastructure.

China's Belt and Road Initiative: China's initiative has resulted in substantial investments in regional transportation infrastructure, boosting intra-Asian trade and reshaping the logistics landscape.

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 | 2022-2029

Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
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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