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Logistics market eyeing phenomenal growth with healthy 7.2% CAGR | Future of Market Research (MRFR)

Key players profiled in the Logistics Market report include C.H. Robinson Worldwide, Inc. (USA), Ceva Holdings LLC (United Kingdom), FedEx Corp. (USA), XPO Logistics Inc. (USA), Expeditors International of Washington, Inc. (USA), DHL International GmbH (Germany), DSV Global Transports and Logistics (Denmark), AP Moller – Maersk (Denmark), Schenker AG ( Germany), GEODIS (France), DTDC Express Limited (India) and others. Pune, April 8, 2021 (GLOBE NEWSWIRE) – Logistics is a market space with promising growth, says Market Research Future (MRFR), the leading Indian research company. MRFR, in its recent research report, states that the global logistics market will reach an exponential appreciation in 2027, growing at a 7.2% CAGR during the forecast period (2020-2027). The growth of the market is directly related to the growing scenario of international business and the global economy. The global supply chain is continually changing, and technological advances in integrated solutions, such as storage, security management, information and inventory management, material handling, packaging and transportation, streamline long-term operations. Favorable government trade policies provide significant expansion opportunities for existing suppliers, increasing demand for logistics services. At the same time, economic reforms and government initiatives to strengthen manufacturing sectors are attracting large investments. The development of infrastructures related to transport and logistics, such as corridors dedicated to the transport of goods, logistics parks, free trade storage areas and container loading stations, helps to improve the efficiency of transport. Governments in every country in the world strive to make the economy competitive by increasing domestic and international trade, creating jobs and reducing logistical costs and road congestion. Get a free PDF sample brochure https://www.marketresearchfuture.com/sample_request/5076 Logistics plays a causal role in minimizing the effect of variable temperature and protecting the product from physical damage, maintaining product specifications and maintaining them heated, frozen or chilled. The increasing uses of logistics that can preserve the cold chain for the transportation of temperature-sensitive products, such as food and beverages, chemicals and personal care, stimulate the size of the market. Impact of COVID-19 The outbreak of COVID-19 has hit the logistics market industry severely, causing huge revenue losses for end-user industries. In addition, the blockade conducted by the coronavirus interrupted negotiations in the domestic and international markets. However, the logistics market soon returned to normal, witnessing the steady increase in demand, especially from the health sectors. The constant demand for health supplies and the COVID-19 vaccine, coupled with the growing distribution activities of the coronavirus vaccine worldwide, is increasing participation in the logistics market. As pharmaceutical manufacturers rush to respond to the global health crisis with a vaccine, the need for timely delivery and distribution remains a priority. Industry trends Policy reforms that have improved the business landscape and the ease of doing business contribute to market growth. In addition, rapid globalization, along with population growth and changing consumption patterns, has increased import and export activities in countries around the world. The increase in e-commerce over the past two years has further increased transport revenues. There has been considerable growth across the supply chain and value as a whole. Logistical infrastructures are a major development, which is expected to continue until 2023. Automation in supply and logistics chains has become a predominant trend. Strategic partnerships, especially between new suppliers and competitors and policy reforms, alongside growing consumerism, add to the complexity of already fragmented supply chains. Logistics leaders adapt the ever-changing landscape by improving collaboration skills, equipping their teams with appropriate insights and eliminating existing silos throughout the system. Logistics provides access to a wide range of products and reduces waste and expenses in the supply chain, offering quality customer service with premium service. Browse the Detailed Market Research Report (100 pages) in the logistics industry. https://www.marketresearchfuture.com/reports/logistics-market-5076 Segmentation: The analysis of the logistics market is segmented by type of transport, type of logistics, end-user industry and region. The type of transport segment is sub-segmented on airways, waterways, railways and highways. The logistical segment is sub-segmented into first, second and third. Among them, the third party logistics sub-segment is responsible for the largest market share. The end-user segment is sub-segmented into industrial and manufacturing, retail, healthcare, oil and gas and others. Among them, the manufacturing sub-segment accounts for the largest market share. By regions, the market is sub-segmented in Asia-Pacific, the Americas, Europe and the rest of the world. Regional Segmentation The Asia-Pacific region dominates the global logistics market, moving with increased trade in the domestic and international markets. In addition, the increased adoption of outsourced logistics services drives market growth in the region. The increase in imports and exports, coupled with the great demand for logistics services due to economic growth and urbanization, positively impact market growth. Among the main logistics markets, such as China, Japan, India, Australia and Indonesia, China has the largest market share, followed by India due to the huge population and large manufacturing base in these countries. In addition, large investments in developments and upgrades in the logistics industry in the region increase market share. North America represents the second largest logistics market, mainly due to the increase in commercial activities between the region and most European and APAC countries. In addition, the growing demand from the pharmaceutical sectors, together with the growing e-commerce sector, drives market demand. The USA, with its largest import and export sector, dominates the regional market. Share your queries https://www.marketresearchfuture.com/enquiry/5076 The European logistics market has emerged as a profitable market globally. The increased demand for foreign products strengthened the region’s trade relations. In addition, the widespread adoption of logistical solutions for the goods sectors of the pharmaceutical industry increases the region’s market share. The growth of the manufacturing sector and the increase in e-commerce businesses in the region are driving the growth of the market. Competitive analysis The logistics market is witnessing several strategic approaches, such as collaboration, mergers and acquisitions, expansion and product launches. The main players in the sector make strategic investments in research and development activities and promote their expansion plans. India is increasingly becoming a commercial center worldwide. The country is strategically important for international exports of goods and services, amounting to a significant appreciation. International participants strive to expand their global presence, increasing their presence in India. For example, recently, on April 1, 2021, the World Logistics Passport (WLP), a loyalty program to increase commercial opportunities among emerging markets, announced its expansion in India, adding the state of Hyderabad as its second center and making partnership with two subsidiaries of the GMR group operating at Hyderabad airport. The GMR group (Grandhi Mallikarjuna Rao Group) employs the public-private partnership model. In addition, the Group has implemented several infrastructure projects in India. On February 3, 2021, WLP signed with Mumbai International Airport, Nhava Sheva International Container Terminal and Emirates SkyCargo in India as partners, sharing experience to facilitate trade flows around the world. India must also expand its integration of military logistics. On April 1, 2021, the Indian military achieved a formal implementation of its long-awaited theatricalization plan to better use its military resources amid growing security threats, with the Air Defense Command and the Maritime Theater Command scheduled to be launched in May. The main players profiled in the Logistics Market report include. Ceva Holdings LLC (United Kingdom) C.H. Robinson Worldwide, Inc. (USA) FedEx Corp. (USA) Expeditors International from Washington, Inc. (USA) XPO Logistics Inc. (USA) DHL International GmbH (Germany) AP Moller – Maersk (Denmark) DSV Global Transports and Logistics (Denmark) Schenker AG (Germany) DTDC Express Limited ( India) and GEODIS (France), among others. Discover more research reports on the packaging and transport industry, by market research Future Browse Related Reports: Global Military Logistics Market Research Report: Information by type (logistics and distribution, facility and service management), by means of transport (highways) , railways, waterways and air) and region (North America, Europe, Asia-Pacific and Middle East and Africa and Latin America) – Forecast by 2027 Drone transport and global logistics market research report: Information by solution (transportation , storage, infrastructure and software), Drone (Cargo drones, passenger drones and ambulance drones), application (commercial and military) and region (North America, Europe, Asia-Pacific, Middle East and Africa and Latin America) – Forecast until 2028 Report of the global market of logistics and maritime services: By type (Totally electric and hybrid), System (Energy storage systems, Energy generation, Conver are of energy and Energy distribution systems), Type of ship (commercial and Defense), Operation (Manned, Remotely Operated and Autonomous) and Region (North America, Europe, Asia-Pacific, Middle East and Africa and Latin America) – Forecast until 2027 Global Logistics Market Research Report of Dangerous / Dangerous Goods: by Service (Transport, Storage and Distribution and Value Added Services), by Destination (Domestic and International) and Region (North America, Europe, Asia) -Pacific and Rest of the World) – Forecast until 2027 Cold Health Logistics Market Information by product type (Biopharmaceuticals, vaccines, clinical trial materials and others), services (storage, transport, packaging and others), storage (electric refrigeration, dry ice, gel packs, liquid nitrogen and others), by region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA) and Latin America) – Global Forecast until 2027 Re Global Logistics Automation Market Research Report: by Component (Hardware, Software and Services), By Application (Warehou Se Management, Transportation Management), by organization size (SMEs and large companies), by end user (retail and e-commerce) , manufacturing, oil, gas and energy, health and pharmaceuticals, logistics and transportation, automation, aerospace and defense and others), By Region (North America, Europe, Asia-Pacific and Rest of the World) – Forecast by 2027 Global Market Connected Logistics: By Software (Asset Management, Warehouse Management System, Security), By Platform (Application Management, Device Management, Connectivity Management), By Transport Mode (Roads, Railways, Airways, Waterways) – Expected by 2027 Global digital logistics market research report – By component (system, services), applications (warehouse management, labor management, management) transportation), vertical (Healthcare, Automotive, Manufacturing), by Regions – Forecast to 2027 Global Freight and Logistics Market Research Report: by Shipping Type (Airways, Railways, Roadways, and Waterways), Ser vice (inventory management, packaging , storage, transportation, distribution, customs clearance and others), end-use industry (energy and utilities, commerce and transportation, government and utilities, health, manufacturing and construction, retail, media and entertainment, banks and Financial Services and Telecommunications and Information Technology and others) and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America) – Forecast until 2027 About the Future of Market Research: The Future of Market Research (MRFR) is a global market research company that prides itself on its services, offering a complete and accurate analysis with respect to different markets and consumers worldwide. Future Market Research has the distinct objective of providing optimal quality research and granular research to customers. Our market research studies by products, services, technologies, applications, end users and market participants for global, regional and national market segments, allow our customers to see, know more and do more, which helps answer their questions. most important issues. Follow us: LinkedIn | Twitter CONTACT: Contact: Future Market Research Phone: +1 628 258 0071 (USA) +44 2035 002 764 (United Kingdom) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com

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