The effective transportation and storage of goods have gained a great deal of emphasis in recent years contributing to the market’s expansion. Focused market reports associated with the healthcare industry among others lately have been made available by Market Research Future which issues reports on this industry. The market is foreseen to expand at a CAGR of 7.2 percent approximately in the forecast period.

As customer requirements have increased rapidly due to rising demand for local as well as international goods, the market is also undergoing rapid expansion. The economic growth rates globally and the rise in the global trade has increased the market size considerably. Government trade policies are also contributing to the growth of the market substantially. Development in the port-services, shipping, transportation, warehousing areas of the logistic chain are also important motivators for the development of the market.

Competitive Analysis

Ceva Holdings LLC (U.K.)

XPO Logistics Inc. (U.S.)

C.H. Robinson Worldwide, Inc. (U.S.)

FedEx Corp. (U.S.)

Expeditors International of Washington, Inc. (U.S.)

GEODIS (France)

DHL International GmbH (Germany)

DSV Global Transports and Logistics (Denmark)

A.P. Moller – Maersk (Denmark)

DTDC Express Limited (India)

Schenker AG (Germany), and other.

Logistics Market - Segmental Analysis

For the scope of this study, the global Logistics Market has been analyzed by three segments: logistic type, transportation type, and end-user vertical. On the basis of the transportation type, the Logistics Market is segmented into airways, waterways, railways, and roadways. On the basis of logistic type, the Logistics Market has been segmented into the first party, the second party, and the third party. The second-party logistics segment held the largest market share. By End-user, the market has been bifurcated into industrial and manufacturing, healthcare, retail, oil & gas, and others. The Manufacturing segment held the most signficant market share. Factors including the policy reforms that have enhanced the ease of doing enterprises along with the easy availability of inexpensive labor contribute to the growth of the logistics market. Moreover, globalization, along with population growth and consumption behavior, has seen an increasing demand for products from all corners of the world. The rise of the e-commerce trade has added to the transport boom, and over the last decade, considerable growth has been observed across the industry’s value chain as a whole. In terms of growth of the broader industry, logistics infrastructure will observe almost over the board real growth in the years over the assessment period.

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