Press release
Latin America Logistics Industry Set for 5.3% CAGR Growth Through 2033
Market Size in 2024: USD 347.7 Billion
Market Forecast in 2033: USD 577.5 Billion
Market Growth Rate 2025-2033: 5.3%
Latin America logistics market size reached USD 347.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 577.5 Billion by 2033, exhibiting a growth rate (CAGR) of 5.3% during 2025-2033.
Latin America Logistics Market Trends and Drivers:
The Latin America logistics market is changing. This shift is driven by the region's stronger economy and rising business activities. As cross-border change volumes rise, logistics companies are quickly adapting. They want to provide reliable and eco-friendly transport and delivery systems. E-sports trading is growing fast. This boosts the need for quick, tech-focused logistics, especially in cities and suburbs. More companies are turning to third-party logistics (3PL) and fourth-party logistics (4PL) services.
They do this to make supply chains better, cut costs, and concentrate on what they do best. Road freight is still the leader. But rail, air, and sea transport are growing too. This change is due to smart investments in infrastructure and better intermodal logistics. Logistics firms are growing in Latin America. They are pushing for standardization and speeding up tech adoption. This trend is also helping to professionalize the industry.
In Brazil, Mexico, and Colombia, the logistics sector is growing. Governments are focusing on improving infrastructure and enhancing virtual integration. Many Latin American countries are working on trade liberalization. They are making free trade agreements. This will help local integration and make cross-border movement easier.
Public and private sectors are working together. They invest in multimodal hubs, smart warehouses, and eco-friendly logistics. They aim to meet the growing demand for green and sustainable solutions. The rise of IT and IoT-based logistics solutions is streamlining operations. This change allows for real-time tracking, automated warehousing, and predictive analytics. As a result, it boosts transparency and improves operational accuracy.
Logistics companies in Latin America are embracing technology. They focus on customers and collaborate to boost their market position. The healthcare and food & beverage industries are increasingly using temperature-managed logistics. Meanwhile, retail and telecom sectors need quick last-mile transport services.
Improved connectivity and digital fleet control cut delays and boost service quality. Omni-channel retailing is growing fast. This rise boosts the need for flexible, scalable logistics systems. These systems can handle different shipping demands. Latin America's logistics market is becoming a key player in virtual transformation. This shift supports long-term growth, local integration, and global competitiveness.
Latin America Logistics Market News
July 2025 - Grupo Bimbo announced a $2 billion investment in Mexico across seven states through 2028 to bolster infrastructure and logistics capacity in Latin America.
July 2025 - Acquisition of Bogota-based Opentecnologia by WiseTech accelerates its customs, tax and logistics software footprint across Latin America and the U.S., improving border clearance and shipment compliance systems.
Early 2025 (Q1-Q2) - Maersk's market update highlights key trends in logistics: expanding supply chain visibility tools, the rise of generative AI for route optimization and forecasting, and the digital transformation of customs processes to handle protectionism and regulatory complexity.
May 2025 - Cold chain logistics innovations emerged as a critical focus, particularly for Chile's fruit exports to international destinations. Real-time monitoring and energy-efficient refrigeration systems are driving improvements in produce shipping efficiency and quality control.
June 2025 - Labour forecasting and workforce-readiness tools became essential for logistics players during peak seasonal demand, enabling up to 25% higher throughput in warehouse operations across Latin America.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/latin-america-logistics-market/requestsample
Latin America Logistics Market Industry Segmentation:
Model Type Insights:
• 2 PL
• 3 PL
• 4 PL
Transportation Mode Insights:
• Roadways
• Seaways
• Railways
• Airways
End Use Insights:
• Manufacturing
• Consumer Goods
• Retail
• Food and Beverages
• IT Hardware
• Healthcare
• Chemicals
• Construction
• Automotive
• Telecom
• Oil and Gas
• Others
Country Insights:
• Brazil
• Mexico
• Argentina
• Colombia
• Chile
• Peru
• Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Ask Our Expert & Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=16990&flag=C
Key highlights of the Report:
• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-201971-6302
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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