Press release
Freight And Logistics Market Anticipated To Witness Robust Growth, Surpassing $23.16 Billion By 2029
Freight And Logistics Market Size
What Is the Freight And Logistics Market Size and Projected Growth Rate?
In recent times, the freight and logistics market has been experiencing stable growth. It's predicted to amplify from a valuation of $17.26 billion in 2024 to reach $18.09 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.8%. This escalation during the historical period is a result of technological improvements in transportation methods, the usage of containerization and intermodal transport, alterations in regulations and compliance, advancements in supply chain management, and the adoption of just-in-time inventory systems.
In the coming years, it's predicted that the size of the freight and logistics market will experience robust expansion, reaching $23.16 billion by 2029, with a compound annual growth rate (CAGR) of 6.4%. This anticipated advancement during the projection period can be linked to factors like the incorporation of AI and machine learning, the emergence of autonomous vehicles, digital transformations and the involvement of IoT, globalization and international trade, and the application of blockchain in tracking supply chain. Looking to the forecast period, significant trends will be automation and robotics, data analytics, and predictive insights, innovatory last-mile deliveries, commitments to sustainable and green logistics practices, and the growing demand for quicker shipment options.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7015
What Are the Major Segments in the Freight And Logistics Market?
The freight and logistics market covered in this report is segmented -
1) By Type: Airways, Railways, Roadways, Waterways
2) By Function: Freight Forwarding, Warehousing, Value-added Services, Other Functions
3) By End User: Manufacturing And Automotive, Oil And Gas, Mining, And Quarrying, Agriculture, Fishing, And Forestry, Construction, Distributive Trade, Other End Users
Subsegments:
1) By Airways: Air Cargo Services, Express Delivery Services
2) By Railways: Freight Rail Services, Intermodal Rail Services
3) By Roadways: Trucking Services, Last-Mile Delivery Services
4) By Waterways: Shipping And Cargo Services, Inland Waterway Transport
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7015&type=smp
What Are The Driving Freight And Logistics Market Evolution?
The rise in global trade activities is anticipated to spur the expansion of the freight and logistics market in the future. These activities encompass the importation and exportation of various goods and services across the globe. Freight and logistics services play an essential role in transporting these goods internationally via several transport methods. A surge in global trade activities results in an increased volume of goods being shipped to different nations through various transport avenues. The World Trade Organization (WTO), which oversees and aids international trade, estimates that the global merchandise trade volume will experience a 3.2% growth in 2024. Consequently, the expansion of global trade activities in developing economies fuels the growth of the freight and logistics market.
Which Firms Dominate The Freight And Logistics Market Segments?
Major companies operating in the freight and logistics market include United Parcel Service Inc., DHL International GmbH, Deutsche Post AG, FedEx Logistics Inc., A.P. Moller-Maersk Group, Kuehne + Nagel International AG, DSV Panalpina A/S, C.H. Robinson Worldwide Inc., Bolloré Logistics, Ryder System Inc., Nippon Express Co. Ltd., Expeditors International of Washington Inc., Sinotrans Limited, J.B. Hunt Transport Services Inc., Geodis SA, Werner Enterprises Inc., Kerry Logistics Network Limited, UPS Supply Chain Solutions Inc., GXO Logistics Inc., XPO Logistics Inc., Knight-Swift Transportation Holdings Inc., Kintetsu World Express Inc., Schneider National Inc., Hellmann Worldwide Logistics GmbH & Co. KG, Lineage Logistics Holdings LLC, Americold Realty Trust, Agility Public Warehousing Company K.S.C.P., Ceva Logistics LLC, APL Logistics Ltd., Deutsche Bahn AG
What Are the Major Trends Shaping the Freight And Logistics Market?
Prominent businesses in the freight and logistics sector are launching novel products like AI-based transportation systems to reinforce their market position. The Transportation Management System (TMS) is a cohesive software solution aimed at refining and boosting the planning, operation, and administration of transportation activities within a supply chain. For instance, ShipCars LLC, a software solutions firm from the US, revealed in June 2023 their AI-enabled SmartHaul TMS. This cutting-edge platform combines artificial intelligence, machine learning, and data-derived insights to bolster efficiency, conserve time, and increase profitability for carriers in the automotive logistics field. The SmartHaul TMS offers user-friendly tools for locating loads, booking, and processing, therefore amplify operations for business owners, dispatchers, and drivers. Equipped with real-time data, sophisticated algorithms, and predictive models, carriers can make evidence-based decisions, curtail unprofitable miles, and smooth the process of transportation management. Prominent features encompass Trip Builder for adept route planning, AI Damage Inspection to accelerate vehicle inspections, and a Mobile Load Board for swift access to accessible loads, negotiations, and bookings via an easy-to-use app.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/freight-and-logistics-global-market-report
Which Is The Largest Region In The Freight And Logistics Market?
Asia-Pacific was the largest region in the freight and logistics market in 2024. North America is expected to be the fastest growing region in the forecast period. The regions covered in the freight and logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Freight And Logistics Market?
2. What is the CAGR expected in the Freight And Logistics Market?
3. What Are the Key Innovations Transforming the Freight And Logistics Industry?
4. Which Region Is Leading the Freight And Logistics Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Anticipated To Witness Robust Growth, Surpassing $23.16 Billion By 2029 here
News-ID: 4012715 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Logistics
Cold Chain Market 2021 Precise Outlook- AmeriCold Logistics, Nichirei Logistics …
The Global Cold Chain Market provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. The report covers the post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is…
Food Logistics Market Worth Observing Growth | Trinity Logistics, AmeriCold Logi …
The latest launched report on Global Food Logistics Market delivers a transformation framework to understand how megatrends affect industry growth, taking into account the major disrupting forces creating uncertainties for every organisation in the Food Logistics. Based on these outcomes, HTF MI outline plan for these volatile scenarios considering companies such as Port Jersey Logistics, DB Schenker, Henningsen Cold Storage, R2 Logistics, AN Deringer, ODW Logistics, Matson Logistics, Allen Lund,…
Logistics Market Future Outlook | AmeriCold Logistics, Nichirei Logistics, Linea …
WiseGuyRerports.com Presents “Global Logistics Market Size, Status and Forecast 2020-2026” New Document to its Studies Database
The extensive market study presents a complete analysis of the global Logistics market, including the latest developments, current market conditions, and the growth potentialities during the review period. Accurate statistics with regard to the product, methods as well as the share belonging to the key businesses in the market are also given in the report.…
Cold Chain Logistics Market Size 2020 by Top Key Players | Nichirei Logistics Gr …
Cold Chain Logistics Market report' to its research archive which allows exploring the industry in a 360-degree view while marking major insights and highlights accelerating the Cold Chain Logistics market trends. The data sourced from the report enables formulating business plans and helps decision making to improve profitability. The Cold Chain Logistics market has been witnessing consistent growth over the last few years and is projected to continue growing with…
Healthcare Cold Chain Logistics Market 2020 Business Scenario - AmeriCold Logist …
The Global Healthcare Cold Chain Logistics Market will increase at a compound annual growth rate of 10.09% (approx.) between 2020 and 2026.
The Healthcare Cold Chain Logistics Market report is a collection of pragmatic information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments.…
Third-Party Logistics Market: Leading Players – XPO Logistics , Yusen Logistic …
Third-Party Logistics Market report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe. The Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments.
Download Sample PDF copy of this report https://supplydemandmarketresearch.com/home/contact/272389?ref=Sample-and-Brochure&toccode=SDMRSE272389&utm_source=s.
The study objectives of this report are:
To analyze global Third-Party Logistics status, future forecast,…
