Press release
Freight and Logistics Market to Grow at 5.5% CAGR through 2030
๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
The freight and logistics market is experiencing significant growth and transformation driven by global trade dynamics, e-commerce expansion, and advancements in transportation technologies. This market encompasses a wide range of services and solutions, including transportation, warehousing, inventory management, and freight forwarding, essential for facilitating the movement of goods across supply chains. Key factors influencing market growth include increasing consumer expectations for faster delivery times, efficient inventory management solutions, and seamless integration of digital technologies for real-time tracking and optimization. The rise of e-commerce has particularly reshaped logistics strategies, prompting investments in last-mile delivery capabilities and fulfillment centers to meet the demands of online retail and consumer goods sectors.
Market dynamics also reflect regulatory changes, sustainability initiatives, and geopolitical factors that impact global shipping routes and transportation networks. Technological innovations such as IoT, blockchain, and autonomous vehicles are revolutionizing logistics operations by enhancing transparency, reducing operational costs, and improving overall supply chain efficiency. Additionally, environmental concerns are driving the adoption of greener logistics practices, encouraging investments in electric vehicles, alternative fuels, and sustainable packaging solutions. Looking ahead, the freight and logistics market is poised for continued growth as companies adapt to evolving consumer expectations, regulatory landscapes, and technological advancements to optimize supply chain performance and meet the challenges of a globalized economy.
๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The freight and logistics market is projected to grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2030, from a value of USD 16.52 billion in 2023 to USD 24.03 billion.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/65801/
๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ก๐ข๐ฉ๐ฉ๐ข๐ง๐ ๐๐ฒ๐ฉ๐
Airways
Railways
Roadways
Waterways
The freight and logistics market is divided into four segments based on the type of shipping: air, rail, road, and water. The freight and logistics industry's waterways category, which dominated in 2023, is predicted to expand at a notable CAGR over the course of the projection period. The advantages offered by waterways logistics, such as crowded and dependable transit, may be the reason for their growing popularity. The advantages of canal logistics over trucks and railcars include increased loading capacity, lower emissions, effective payload transfer, and optimal fuel use. These factors will likely accelerate segment expansion in the freight and logistics sector in the near future.
๐๐ฒ ๐๐๐ซ๐ฏ๐ข๐๐
Inventory management
Packaging
Warehousing
Transportation
Distribution
Custom clearance
Others
The freight and logistics market is divided into categories based on services, including distribution, warehousing, inventory management, packaging, transportation, and customs clearance. The transportation category led the freight and logistics market in 2023 and is predicted to expand at a notable compound annual growth rate (CAGR) throughout the course of the forecast period. The worldwide freight forwarding industry is anticipated to gain from the anticipated significant growth in freight volumes during the forecast period. The expanding network of agreements will increase trade and investment opportunities, increasing the nation's ability to profit from the expansion of the global freight and logistics market. The investment frameworks of these agreements help to promote greater economic integration in the global freight and logistics market and a more enticing investment environment.
๐๐ฒ ๐๐ง๐-๐๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Trade and Transportation
Healthcare
Manufacturing & Construction
Retail
Media and Entertainment
Banking and Financial Services
IT & telecommunication
Others
The categories of Trade and Transportation, Healthcare, Manufacturing & Construction, Retail, Media and Entertainment, Banking and Financial Services, IT & telecommunication, and Others make up the end-use industry segmentation of the freight and logistics market. The freight and logistics market was dominated by the trade and transportation category in 2023, and this segment is expected to continue to maintain the greatest market share over the coming years. Over the course of the projected period, the Manufacturing and Construction segment is anticipated to increase at a significant rate.
๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The freight and logistics market encompasses a broad array of services and technologies essential for the movement, storage, and management of goods across global supply chains. This market includes transportation modes such as road, rail, air, and sea, as well as warehousing, inventory management, and freight forwarding services. Driven by globalization, the expansion of e-commerce, and technological advancements, the freight and logistics industry plays a crucial role in enabling efficient and timely delivery of products to consumers and businesses. Key players in this market are continuously innovating to enhance operational efficiency, reduce costs, and meet the growing demand for faster and more reliable logistics solutions.
Recent trends in the freight and logistics market highlight the increasing adoption of digital technologies such as IoT, AI, and blockchain to improve supply chain visibility, optimize routing, and enhance real-time tracking capabilities. Sustainability has also become a significant focus, with companies investing in eco-friendly transportation options, energy-efficient warehouses, and sustainable packaging materials to reduce their environmental footprint. The market is further influenced by regulatory changes, trade policies, and geopolitical factors that impact global shipping routes and logistics strategies. As businesses strive to meet evolving consumer expectations and navigate complex supply chain challenges, the freight and logistics market is poised for sustained growth and innovation in the coming years.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/65801/
๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ??
The freight and logistics market growth or demand increase or decrease involves a complex interplay of global trade dynamics, technological advancements, and evolving consumer expectations. This market segment encompasses a wide range of services and solutions aimed at facilitating the efficient movement and management of goods across supply chains. Key drivers of market growth include the expansion of e-commerce, which has accelerated demand for fast and reliable logistics services capable of handling increased parcel volumes and meeting shorter delivery timelines. Additionally, globalization has led to more complex supply chains, prompting companies to invest in sophisticated logistics solutions such as supply chain visibility technologies, predictive analytics, and automation to streamline operations and reduce costs.
Market growth is also influenced by regulatory changes and geopolitical factors that impact international trade routes and logistics networks. Trade policies, tariffs, and economic sanctions can significantly affect shipping patterns and logistics strategies, influencing market dynamics. Technological advancements continue to shape the industry, with innovations such as autonomous vehicles, drone delivery systems, and blockchain technology offering opportunities to improve efficiency, transparency, and security within the logistics ecosystem. Sustainability considerations are increasingly driving market trends, with a growing emphasis on reducing carbon emissions, adopting renewable energy sources, and implementing environmentally friendly packaging solutions across the freight and logistics sector.
๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The scope and methodology of the freight and logistics market involve a comprehensive analysis of the diverse range of services and technologies that facilitate the movement and management of goods across global supply chains. This market segment encompasses various transportation modes such as road, rail, air, and sea freight, alongside warehousing, inventory management, freight forwarding, and logistics software solutions. Methodologically, the analysis includes evaluating market trends, technological advancements, regulatory frameworks, and competitive dynamics that shape the adoption and evolution of freight and logistics services. Key factors driving market growth include the expansion of international trade, globalization of supply chains, and the rapid growth of e-commerce, which necessitates efficient and scalable logistics solutions to meet consumer demand for faster delivery times and reliable service.
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/65801/
๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
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.)
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐: https://www.maximizemarketresearch.com/market-report/global-freight-and-logistics-market/65801/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ Market ?
โข What is the growth rate of the ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ Market?
โข Which are the factors expected to drive the ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ market growth?
โข What are the different segments of the ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ Market?
โข What growth strategies are the players considering to increase their presence in ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ?
โข What are the upcoming industry applications and trends for the ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ Market?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ Market?
โข What major challenges could the ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ Market face in the future?
โข What segments are covered in the ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ Market?
โข Who are the leading companies and what are their portfolios in ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ Market?
โข What segments are covered in the ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ Market?
โข Who are the key players in the ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ market?
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
โฆ Global Proximity Market https://www.maximizemarketresearch.com/market-report/global-proximity-market/79016/
โฆ Global Digital Forensics Market https://www.maximizemarketresearch.com/market-report/global-digital-forensics-market/3163/
โฆ Global Artificial Intelligence (AI) Healthcare Market https://www.maximizemarketresearch.com/market-report/global-artificial-intelligence-ai-healthcare-market/21261/
โฆ Metamaterials Market https://www.maximizemarketresearch.com/market-report/global-metamaterials-market/24404/
โฆ Paper Chemicals Market https://www.maximizemarketresearch.com/market-report/global-paper-chemicals-market/29622/
โฆ Sodium Sulfate Market https://www.maximizemarketresearch.com/market-report/global-sodium-sulfate-market/22362/
โฆ Global Public Safety in-Building Wireless DAS Market https://www.maximizemarketresearch.com/market-report/global-public-safety-in-building-wireless-das-market/95092/
โฆ Global Periodontal Equipment market https://www.maximizemarketresearch.com/market-report/global-periodontal-equipment-market/82422/
โฆ Automotive Rear View Mirror Market https://www.maximizemarketresearch.com/market-report/automotive-rear-view-mirror-market/13034/
โฆ Global Leak Test Equipment Market https://www.maximizemarketresearch.com/market-report/global-leak-test-equipment-market/16174/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Freight and Logistics Market to Grow at 5.5% CAGR through 2030 here
News-ID: 3571944 • Views: โฆ
More Releases from Maximize Market Research pvt. Ltd.
Global Magnesium Alloys Market Poised to Grow from US$ 2.21 Billion in 2024 to U โฆ
According to a new report by Maximizer Market Research, the Global Magnesium Alloys Market was valued at USD 2.21 billion in 2024 and is projected to reach USD 5.58 billion by 2032, growing at a CAGR of 12.25%. This growth is underpinned by rising demand from automotive & transportation, electronics, aerospace, defense, and medical industries seeking lightweight, high-performance materials.
For full access to the data, request a sample report now :https://www.maximizemarketresearch.com/request-sample/32753/
โฆโฆ
Global Bamboo Furniture Market to Grow from USD 13.75 Billion to USD 23.02 Billi โฆ
According to a new report by Maximize Market Research, the global bamboo furniture market was valued at USD 13.75 billion in 2024 and is projected to reach USD 23.02 billion by 2032, growing at a compound annual growth rate (CAGR) of approximately 6.65%.
For full access to the data, request a sample report now :https://www.maximizemarketresearch.com/request-sample/111043/
โฆ Key Highlights
โฆ Market size & CAGR: USD 13.75 billion (2024) to USD 23.02 billion (2032) atโฆ
Open-Source Intelligence Market Projected to Reach USD 23,887 Million by 2030
Open-Source Intelligence Market size was valued at USD 6425.89 Million in 2023 and the total Open-Source Intelligence revenue is expected to grow at a CAGR of 20.63 % from 2024 to 2030, reaching nearly USD 23887.37 Million by 2030.
Open-Source Intelligence Market Overview:
The Open-Source Intelligence (OSINT) market is a rapidly expanding sector within the broader security and intelligence landscape. It involves the systematic collection, analysis, and interpretation of publicly available informationโฆ
Pension Administration Software Market to Surge from USD 4.89 Bn (2023) to USD 1 โฆ
According to a new report by Maximize Market Research, the global pension administration software market was valued at USD 4.89 billion in 2023 and is projected to grow to USD 10.89 billion by 2030, registering a robust CAGR of 12.1% over the forecast period (2024-2030). This growth is expected worldwide, fueled by increasing digitalization, automation, and demand for predictive analytics in retirement plan management.
For full access to the data, requestโฆ
More Releases for Market?
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb โฆ
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This reportโฆ
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M โฆ
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,โฆ
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma โฆ
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,โฆ
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, โฆ
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growthโฆ
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A โฆ
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasizedโฆ
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out โฆ
Aย cash register orย automatic money handling systemย is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to aย drawer for storageย cash and additional valuables. A modern cash register is generally attached to a printer which can print outย incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register byโฆ
