Strategic Outlook: Logistics Market Forecasts $8.07 Trillion Growth by 2033 - Led by Asia Pacific 48.7% Share

The latest report by IMARC Group, titled "Logistics Market Size, Share, Trends and Forecast by Model Type, Transportation Mode, End Use, and Region, 2025-2033", offers a comprehensive analysis of the logistics market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

How Big is the Logistics Market?

The global logistics market size was valued at USD 5.7 trillion in 2024 and is projected to reach USD 8.1 trillion by 2033, growing at a CAGR of 4.02% from 2025 to 2033. Asia Pacific emerged as the leading region in the industry, accounting for over 48.7% of the global logistics market share.

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Global Logistics Market Trends:

The logistics market around the world is enjoying strong growth, mainly due to online commerce's rapid expansion, expected to climb to an impressive US$ 183.8 trillion by 2032. Because of more shopping online, logistical services are seeing increased demand and are working hard to make last-mile deliveries more efficient. Wanting fast and dependable shipments from online platforms is pushing logistics businesses to use technology and automation which is helping the market grow.

New technology is key to how this evolution is happening. Tracking as you go, improved route choices and automated warehousing activities are making it much easier to deliver on customer requests. At the same time, globalization has picked up speed with more trade pacts, joint ventures and the worldwide growth of big companies, so there is a need for modern global logistics services. In particular, India's success in sending engineering goods, petroleum items, gems, jewelry, chemical products and pharmaceuticals worth US$ 295.21 billion in 2023 implies that international freight services, joined supply chains and partnerships with close firms are now in high demand for efficient international trade.

Logistics is being streamlined and boosted by fresh developments in operational tools including self-driving vehicles, drones and robots. According to projections, the logistics robots market will have an annual rate of 19.7% growth, ending up at US$ 98.9 billion in 2032. The use of robots in automated warehouses can sort, pick and package more efficiently than humans can, allowing the warehouse to both cut costs and make fewer errors. The use of intelligent software systems is making it easier to plan optimal routes and allocate resources. As a result, the airline uses less fuel plus its customers receive their goods sooner.

Apart from advances in technology, worries about the environment and stricter rules are pushing logistics companies to become more sustainable. Companies are committing themselves more strongly to cutting their carbon output through different green actions. Otherwise, organizations can use green vehicles, plan efficient delivery paths and choose sustainable packing to promote environmentally friendly development.

Top 11 Logistics Companies:

The logistics market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

• J.B. Hunt Transport Services
• C.H. Robinson Worldwide, Inc.
• Ceva Holdings LLC
• FedEx Corp.
• United Parcel Service, Inc.
• Expeditors International of Washington, Inc.
• XPO Logistics Inc.
• Kenco Group
• Deutsche Post DHL Group
• Americold Logistics, LLC
• DSV Air & Sea Inc.

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Global Logistics Industry Segmentation:

Analysis by Model Type:

• 2 PL
• 3 PL
• 4 PL

The 3PL (Third-Party Logistics) model holds the largest segment in the logistics market with a share of 56.3%.

Analysis by Transportation Mode:

• Roadways
• Seaways
• Railways
• Airways

The roadways segment leads the market with 59.2% of the logistics market share.

Analysis by End Use:

• Manufacturing
• Consumer Goods
• Retail
• Food and Beverages
• IT Hardware
• Healthcare
• Chemicals
• Construction
• Automotive
• Telecom
• Oil and Gas
• Others

The manufacturing market accounts for 16.8% of the logistics market share.

Breakup By Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

In 2024, Asia Pacific commands the highest market share, at 48.7%.

Key highlights of the Report:

• Historical Market Performance (2018-2023)
• Future Market Projections (2024-2032)
• Market Disruption Due to COVID-19
• Industry Competitive Analysis (Porter's Five Forces)
• Market Dynamics and Growth Factors
• Strengths, Weaknesses, Opportunities, and Threats (SWOT)
• Market Ecosystem and Value Creation
• Competitive Positioning and Benchmarking

Major Advantages of the Report:

• This report provides market leaders and new entrants with accurate revenue estimates for the overall global market and its key subsegments.

• Stakeholders can leverage this report to gain a deeper understanding of the competitive landscape, enabling them to strategically position their businesses and develop effective go-to-market strategies.

• The report provides stakeholders with valuable insights into the market dynamics, offering a comprehensive analysis of key drivers, restraints, challenges, and opportunities.

Why Choose IMARC Group:

• Deep Industry Expertise
• Comprehensive Research Methodology
• Data-Driven Insights
• Accurate Forecasting
• Proven Track Record
• Global Presence and Extensive Network
• Customized Solutions
• Strong Client Relationships & Client Focus
• Timely Delivery
• Cost-Effective Solutions

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Note: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs.

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This release was published on openPR.