LONDON--(BUSINESS WIRE)--Technavio has been monitoring the logistics market and it is poised to grow by USD 95.42 bn during 2020-2024, progressing at a CAGR of almost 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
Frequently Asked Questions-
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What was the value of the logistics market in 2019?
A. Technavio says that the value of the market was USD 1080.14 bn in 2019 and is projected to reach USD 1175.56 bn by 2024. -
At what rate is the market projected to grow during the forecast period 2020-2024?
A. Growing at a CAGR of almost 2%, the market growth will accelerate during the forecast period. -
What is the key factor driving the market?
A. Use of multimodal transport. -
Who are the top players in the market?
A. C.H. Robinson Worldwide Inc., Deutsche Bahn AG, Deutsche Post AG, DSV AS, FedEx Corp., J.B. Hunt Transport Services Inc., Kenco, Kuehne + Nagel International AG, United Parcel Service Inc., and XPO Logistics Inc. are the top players in the market. -
Which region is expected to hold the highest market share in the market?
A. APAC. -
Based on segmentation by end-user, which segment is expected to witness the fastest growth in the global market?
A. Consumer goods.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. C.H. Robinson Worldwide Inc., Deutsche Bahn AG, Deutsche Post AG, DSV AS, FedEx Corp., J.B. Hunt Transport Services Inc., Kenco, Kuehne + Nagel International AG, United Parcel Service Inc., and XPO Logistics Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The use of multimodal transport has been instrumental in driving the growth of the market. However, the impact due to trade war might hamper market growth.
Logistics Market 2020-2024: Segmentation
Logistics Market is segmented as below:
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End-user
- Consumer Goods
- Automotive
- Food And Beverage
- Healthcare
- Others
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Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Logistics Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our logistics market report covers the following areas:
- Logistics Market size
- Logistics Market trends
- Logistics Market industry analysis
This study identifies the rapid growth of the e-commerce industry as one of the prime reasons driving the logistics market growth during the next few years.
Logistics Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the logistics market, including some of the vendors such as C.H. Robinson Worldwide Inc., Deutsche Bahn AG, Deutsche Post AG, DSV AS, FedEx Corp., J.B. Hunt Transport Services Inc., Kenco, Kuehne + Nagel International AG, United Parcel Service Inc., and XPO Logistics Inc. Backed with competitive intelligence and benchmarking, our research reports on the Logistics Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Logistics Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist logistics market growth during the next five years
- Estimation of the logistics market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the logistics market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of logistics market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value Chain Analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market Outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- Consumer goods - Market size and forecast 2019-2024
- Automotive - Market size and forecast 2019-2024
- Food and beverage - Market size and forecast 2019-2024
- Healthcare - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Use of blockchain with logistics
- Growing demand for green logistics
- Digital transformation in logistics
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- C.H. Robinson Worldwide, Inc.
- Deutsche Bahn AG
- Deutsche Post AG
- DSV AS
- FedEx Corp.
- J.B. Hunt Transport Services Inc.
- Kenco
- Kuehne + Nagel International AG
- United Parcel Service Inc.
- XPO Logistics Inc.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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