Freight and Logistics Market Overviews
Maximize Market Research is an Freight and Logistics research firm that has published a detailed analysis of the “Freight and Logistics Market”. The report includes pricing analysis, demand analysis, business insights, market trends, competitive landscape, and growth opportunities. The base year of the Freight and Logistics market .
Estimated Growth Rate for Freight and Logistics Market
Freight and Logistics Market was valued at USD 16.52 Billion in 2023, and is expected to reach USD 24.03 Billion by 2030, exhibiting a CAGR of 5.5 % during the forecast period (2024-2030)
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Freight and Logistics Market Scope and Methodology:
The Freight and Logistics Market Report offers a comprehensive analysis of the Freight and Logistics industry, which covers the study of its segments. The report's scope includes a complete inspection of trends, growth drivers, challenges, and opportunities in the Freight and Logistics market. It assesses key players their product portfolio, SWOT analysis, business strategy, competitive strategies, and recent developments of the product. The scope includes market size projections and CAGR analysis. The report on Freight and Logistics Market covers key aspects of the market dynamics such as drivers, restraints, challenges, and opportunities. Major competitors in the Freight and Logistics Market are listed along with new entrants to get an all-inclusive outlook on the competitive landscape of the market. The research methodology involves several approaches including primary data collection through surveys and interviews with industry experts, and the secondary data is collected from reputable data sources and databases. The report also provides insights into the Freight and Logistics market region-wise with their key countries.
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Freight and Logistics Market Regional Insights
North America, Europe, Asia Pacific, South America, the Middle East, and Africa are the major regions that are covered in the Freight and Logistics market. Analysis of the key countries for all the regions along with the analysis of social, cultural, economic, political, and technological factors have also been covered in the report.
Freight and Logistics Market Classifications
by Shipping Type
Airways
Railways
Roadways
Waterways
The freight and logistics market is divided into four segments based on the kind of shipping: roads, railroads, waterways, and airplanes. The freight and logistics sector was led by the Waterways section in 2023, and it is anticipated to expand at a substantial compound annual growth rate (CAGR) during the course of the projection year. The advantages offered, such as dependable and crowded transit, may be the reason for the growing desire for waterways logistics. The advantages of waterways logistics over trucks and railcars include increased loading capacity, lower emissions, effective payload transfer, and optimal fuel consumption. These factors are expected to propel segment expansion in the freight and logistics sector in the near future.
by Service
Inventory management
Packaging
Warehousing
Transportation
Distribution
Custom clearance
Others
Inventory management, packaging, warehousing, transportation, distribution, customs clearance, and others are the segments of the freight and logistics market that are based on service. The transportation category led the freight and logistics market in 2023 and is predicted to expand at a substantial compound annual growth rate (CAGR) throughout the course of the forecast period. The worldwide freight forwarding industry is anticipated to gain from the anticipated sharp rise in freight volumes throughout the projection period. The expanding network of agreements will increase trade and investment opportunities, increasing the nation's ability to benefit from the expansion of the global freight and logistics market. The investment frameworks included in these agreements help to improve the investment climate and promote greater economic integration in the global freight and logistics market.
by End-Use Industry
Trade and Transportation
Healthcare
Manufacturing & Construction
Retail
Media and Entertainment
Banking and Financial Services
IT & telecommunication
Others
Trade and Transportation, Healthcare, Manufacturing & Construction, Retail, Media and Entertainment, Banking and Financial Services, IT & Telecommunication, and Others are the end-use industry-based segments of the freight and logistics market. The Freight and Logistics market share is expected to be the highest during the forecast period, with the Trade and Transportation segment dominating the industry in 2023. Over the course of the projected period, the Manufacturing and Construction segment is anticipated to increase at a notable rate.
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The following companies are included in the market for Freight and Logistics :
1. C.H. Robinson (U.S.)
2. United Parcel Service (U.S.)
3. FedEx Corp. (U.S.)
4. Walmart Group (U.S.)
5. UPS (U.S.)
6. XPO Logistics (U.S.)
7. J.B. Hunt Transport Services (U.S.)
8. Ryder Supply Chain Solutions (U.S.)
9. Expeditors (U.S.)
10. Penske Logistics (U.S.)
11. Lineage Logistics (U.S.)
12. Geodis (U.S.)
13. Worldwide, Inc. (U.S.)
14. Nippon Express (Japan)
15. Dsv Global Transports and Logistics (Denmark)
16. Kuehne+ Nagel (Germany)
17. The Maersk Group (Denmark)
18. Deutsche Post DHL (Germany)
19. DB Schenker Logistics (Germany)
20. Panalpina (Switzerland)
21. Ceva Logistics (France)
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Key questions answered in the Freight and Logistics Market are:
- What is Freight and Logistics ?
- What is the growth rate of the Freight and Logistics Market?
- Which are the factors expected to drive the Freight and Logistics market growth?
- What are the different segments of the Freight and Logistics Market?
- What growth strategies are the players considering to increase their presence in Freight and Logistics ?
- What are the upcoming industry applications and trends for the Freight and Logistics Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Freight and Logistics Market?
- Who are the leading companies and what are their portfolios in Freight and Logistics Market?
- What segments are covered in the Freight and Logistics Market?
- Who are the key players in the Freight and Logistics market?
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
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