Press release
Freight and Logistics Market Forecast Projected Growth from USD 16.52 Billion in 2023 to USD 24.03 Billion by 2030 with a 5.5 Percentage CAGR
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐จ๐ ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐จ๐ซ ๐๐๐๐ซ๐๐๐ฌ๐ ๐๐จ๐ซ ๐ฐ๐ก๐๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ :The future of the freight and logistics market is expected to see significant growth driven by the increasing demand for e-commerce, globalization, and advancements in technology. The surge in online shopping has necessitated more efficient supply chains, leading to heightened demand for logistics services. Moreover, the global expansion of businesses has increased cross-border trade, further fueling the need for advanced freight solutions. Innovations such as AI, IoT, and blockchain are transforming logistics operations, improving efficiency, and reducing costs. Sustainability is also becoming a key focus, with companies investing in green logistics to meet environmental regulations and consumer preferences. This combination of factors suggests a robust demand increase in the freight and logistics sector in the coming years.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐จ๐ ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The goods 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 ๐ฎ๐ญ๐ฎ๐ซ๐ ๐จ๐ ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ก๐ข๐ฉ๐ฉ๐ข๐ง๐ ๐๐ฒ๐ฉ๐
Airways
Railways
Roadways
Waterways
The market for freight and logistics is divided into four segments: roads, railroads, waterways, and airlines. 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
Inventory management, packaging, warehousing, transportation, distribution, customs clearance, and others make up the segments of the freight and logistics market. 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 goods and logistics market and a more enticing business environment.
๐๐ฒ ๐๐ง๐-๐๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Trade and Transportation
Healthcare
Manufacturing & Construction
Retail
Media and Entertainment
Banking and Financial Services
IT & telecommunication
Others
Trade and Transportation, Healthcare, Manufacturing & Construction, Retail, Media & Entertainment, Banking and Financial Services, IT & Telecommunication, and Others are the segments that make up the goods 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 ๐ฎ๐ญ๐ฎ๐ซ๐ ๐จ๐ ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
The future of the freight and logistics market is poised for transformative growth, driven by several key factors. The continued expansion of e-commerce is reshaping supply chains, necessitating faster, more flexible, and efficient logistics solutions. Global trade is expected to increase, despite geopolitical challenges, due to the rise of emerging markets and evolving consumer expectations. Technological advancements, such as automation, AI, IoT, and blockchain, are revolutionizing the industry by enhancing operational efficiency, transparency, and security. Additionally, there is a growing emphasis on sustainability, with companies investing in eco-friendly logistics practices to reduce their carbon footprint. The integration of electric and autonomous vehicles is also on the horizon, further optimizing delivery processes. However, the industry faces challenges such as regulatory changes, infrastructure limitations, and the need for continuous innovation to stay competitive. Overall, the freight and logistics market is set for dynamic growth, with technology and sustainability at the forefront of its evolution.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/65801/
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐จ๐ ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ?
The research includes in-depth examinations of the Middle East, South America, Europe, Africa, and Asia-Pacific region. Understanding the intricate dynamics of the Future of Freight and Logistics market is one aspect of regional analysis. A framework of product imports and exports by nations and regions, as well as market sizes and growth rates for Future of Freight and Logistics , are included in the report. An overview of the most current developments in the field from a number of different countries and areas is given in this paper.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐จ๐ ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The approach that gives investors relevant information by combining SWOT and descriptive analysis is covered in the report. The study's main objective is to provide a comprehensive picture of the Future of Freight and Logistics market. The process of gathering data uses a variety of methods, such as surveys and questionnaires. Following this, mathematical, statistical, and numerical approaches are used to evaluate the data. It takes a combination of qualitative and quantitative research approaches to identify Future of Freight and Logistics market trends, so gathering and processing data is crucial.By carefully examining the situation of buyer-direct, RD initiatives, innovative forms of development, cutting-edge industry techniques, and market consolidations and acquisitions, the research evaluates the potential futures of the market. The research includes methods, organizational charts, portfolios, and a critical evaluation of well-known corporate executives. Future of Freight and Logistics Doors underwent a thorough PESTLE study and SWOT analysis in order to provide microeconomic variables and detect market trends.
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/65801/
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐จ๐ 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.)
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)
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 ๐ฎ๐ญ๐ฎ๐ซ๐ ๐จ๐ ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is Future of Freight and Logistics?
โข What is the growth rate of the Future of Freight and Logistics?
โข Which are the factors expected to drive the Future of Freight and Logistics market growth?
โข What are the different segments of the Future of Freight and Logistics?
โข What growth strategies are the players considering to increase their presence in Future of Freight and Logistics?
โข What are the upcoming industry applications and trends for the Future of Freight and Logistics?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the Future of Freight and Logistics?
โข What major challenges could the Future of Freight and Logistics face in the future?
โข What segments are covered in the Future of Freight and Logistics?
โข Who are the leading companies and what are their portfolios in Future of Freight and Logistics?
โข What segments are covered in the Future of Freight and Logistics?
โข Who are the key players in the Future of Freight and Logistics market?
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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