Press release
Key Trends Shaping the Future Retail Oil And Gas Logistics Market From 2025-2034: Major Investments By Retail Oil And Gas Logistics Companies In Sustainable Logistics Solutions
Retail Oil And Gas Logistics Market Share
The rising demand for oil and natural gas is expected to boost the growth of the retail oil and gas logistics market. These energy sources are in demand due to economic growth, weather patterns, and inventory management needs. Retail oil and gas logistics manage the transport and distribution of oil and gas products, ensuring reliable supply and operational efficiency. In October 2023, BDO LLP reported that oil production in the UK reached 38.2 million tons in 2022, a 16.4% increase from 2021. This growing demand is driving the retail oil and gas logistics market.
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What growth opportunities are expected to drive the retail oil and gas logistics market's CAGR through 2034?
The retail oil and gas logistics market has grown steadily in recent years. It will rise from $1.11 billion in 2024 to $1.19 billion in 2025, showing a CAGR of 7.4%. Growth is driven by higher oil and gas exploration activities, increasing numbers of automobiles, growing demand for energy products like gasoline, diesel, and LPG, adoption of electric vehicles, and rising urbanization.
The retail oil and gas logistics market is projected to grow to $1.56 billion by 2029 at a CAGR of 7.0%. The growth is attributed to the rising demand for contract logistics, shifting freight to intermodal transportation, and growing investments in infrastructure. Key trends include technological advancements, sustainability focus, integration of online and offline channels, GPS technology, and AI/IoT analytics.
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What are the emerging trends shaping the future of the retail oil and gas logistics market?
Companies in the retail oil and gas logistics market are making substantial investments to improve logistics operations and support sustainability efforts. These investments aim to reduce carbon emissions and promote clean logistics solutions. For example, in November 2023, Deutsche Post AG, a German supply chain management company, announced a €200 million investment to decarbonize its logistics operations and transition to clean fuels. This initiative is part of the company's strategy to achieve net-zero emissions by 2050, focusing on alternative fuels, energy efficiency measures, and sustainable logistics solutions.
Which growth-oriented segments of the retail oil and gas logistics market are leading the industry's development?
The retail oil and gas logistics market covered in this report is segmented -
1) By Type: Upstream, Midstream, Downstream
2) By Operator: Private, Public
3) By License Type: Company Owned Company Operated, Company Owned Dealer Operated, Dealer Owned Dealer Operated
4) By Transportation Type: Railroad Transportation, Tanker Trucks Transportation
5) By Application: Offshore, Onshore
Subsegments:
1) By Upstream: Exploration, Drilling, Production, Well Services, Development
2) By Midstream: Transportation, Storage, Processing, Terminals
3) By Downstream: Refining, Distribution, Marketing, Retail
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What regions are leading the charge in the retail oil and gas logistics market?
Asia-Pacific was the largest region in the retail oil and gas logistics market in 2024. The regions covered in the retail oil and gas logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the retail oil and gas logistics market?
Major companies operating in the retail oil and gas logistics market are DHL Group, CMA CGM Group, Gulf Agency Company Limited, Deutsche Bahn AG, Kuehne + Nagel Management AG, C.H. Robinson Worldwide Inc., Bollore SE, Expeditors International, GEODIS, Agility Public Warehousing Company K.S.C.P, PSA International Pte Ltd., Noatum HOLDINGS S.L.U., Panalpina World Transport, ASCO Group Limited, UPS Supply Chain Solutions, Yusen Logistics Co. Ltd., Halcon Primo Logistics Pte Ltd., Tudor International Freight Ltd., Riada Shipping and Logistics, Reliance Logistics Group Inc., ACI Cargo, Berrio Logistics Pvt. Ltd.
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What Is Covered In The Retail Oil And Gas Logistics Global Market Report?
•Market Size Forecast: Examine the retail oil and gas logistics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the retail oil and gas logistics market for a structured understanding.
•Key Players Overview: Analyze major players in the retail oil and gas logistics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the retail oil and gas logistics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the retail oil and gas logistics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the retail oil and gas logistics market.
•Industry Challenges: Identify potential risks and obstacles affecting the retail oil and gas logistics market.
•Competitive Landscape: Review strategic developments in the retail oil and gas logistics market, including expansions, agreements, and new product launches.
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