Project Logistics Market Outlook & Strategic Insights

What Is the Market Growth Potential for Project Logistics?

The global Project Logistics market generated US$ 33.53 billion in 2022 and is projected to reach US$ 40.77 billion by 2029, growing at a CAGR of 2.8% (2023-2029).

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Project logistics encompasses the planning, organization, management, and control of goods, materials, and information flows required for the successful execution of large-scale industrial projects. Increasing demand from oil & gas, energy, power, construction, and manufacturing sectors is driving market expansion worldwide.

In India, the Project Logistics market is expected to grow strongly, supported by GDP growth of 6.1% (IMF, 2023), large-scale infrastructure investments, and robust supply-demand dynamics stemming from its expanding population and industrialization.
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What Are the Key Segments in the Project Logistics Market?

By Type
• Transportation
• Warehousing
• Other

By Downstream Industry
• Oil and Gas
• Energy and Power
• Construction
• Manufacturing
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Who Are the Leading Players in the Project Logistics Market?

The market remains fragmented, with the top 5 players holding only ~15% share. Major global and regional companies include:
Kuehne + Nagel, Deutsche Post DHL, DB Schenker, Nippon Express, DSV Panalpina, XPO Logistics, C.H. Robinson Worldwide, Agility Logistics, SNCF Logistics, Yusen Logistics, Bollore Logistics, Sinotrans, Expeditors International, J.B. Hunt, Rhenus Logistics, GEFCO, UPS, Hellmann.
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Frequently Asked Questions (FAQs)

1. What is project logistics, and why is it critical for global industries?
Project logistics refers to end-to-end management of oversized, complex, and time-sensitive cargo essential for industries such as oil & gas, power, and construction. It ensures timely project execution, cost control, and operational efficiency.

2. What is the market size of the global Project Logistics industry by 2029?
The market is forecasted to reach US$ 40.77 billion by 2029, driven by energy transition projects, infrastructure development, and industrial expansion.

3. How is India shaping the global Project Logistics market?
India's rapid industrialization, infrastructure investments, and growing manufacturing base make it one of the fastest-growing markets. Its large population and rising domestic demand further enhance growth opportunities for logistics players.

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This release was published on openPR.