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Global Logistics Market Future Scope, Market Trends, Key Players and Forecast To 2029

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Global Logistics Market Future Scope, Market Trends, Key Players and Forecast To 2029

Global Logistics Market Overview:

This Global Logistics market study's purpose is to give an overview of the Global Logistics market as well as extensive market segmentation based on connection type, end-use, and geography. The report includes vital information on the market positions of the major Global Logistics companies, as well as notable industry trends and prospects.

In order to maintain and improve the efficiency, effectiveness, and value addition in international trading activities, logistics is becoming more and more crucial with the emergence of trade liberalisation and globalisation. For instance, India and the UK announced in December 2020 that they intended to confirm a free trade agreement (FTA) by 2021 in sectors like pharmaceuticals, fintech, chemicals, petroleum, food products, and defence manufacturing, which is anticipated to spur the growth of the logistics market.

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Global Logistics Market Scope:

The research provides an analytical view of the business over the projected period by studying several elements such as Global Logistics market growth, consumption volume, market trends, and company pricing structures. In-depth research into the market's complexities is included in the analysis. The report provides an overview of the Global Logistics market, including market characteristics, segmentation analysis, market size, customer landscape, and geographic landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. This market has been investigated in several areas based on productivity and manufacturing base.

Global Logistics Market Segmentation:

The Logistics Market is divided into Railways, Roadways, Waterways, and Airways based on the mode of transportation. In 2021, the Roadways Transportation segment had the highest market share (33.19%). Because it is frequently shipped to different locations, road transportation has a significant impact on many different product sectors. Roadway transportation is the least expensive form of long-distance transportation, so it is anticipated that this market segment will rule the Logistics market during the period of forecasting.

During the forecast period, the Airways Transportation segment is anticipated to expand quickly, at a CAGR of 5.48%. Since 2004, global air logistics traffic has increased sporadically, peaking in 2021 at 0.0612 billion metric tonnes.

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Global Logistics Market Key Players:

  • B. Hunt Transport Inc.
  • H. Robinson Worldwide, Inc.
  • CEVA Logistics
  • FedEx Corp.
  • United Parcel Service, Inc.
  • Expeditors International of Washington Inc.
  • XPO Logistics Inc.
  • Kenco Group Inc.
  • Deutsche Post DHL Group
  • Americold Logistics
  • LLC
  • DSV Panalpina A/S.
  • Moller – Maersk
  • Geodis

Global Logistics Market Regional Analysis:

The study also offers a complete PESTLE analysis for each of the five regions, namely North America, Europe, Asia Pacific, the Middle East and Africa, and South America, after considering the political, economic, social, and technical elements impacting the Global Logistics market in these regions.

COVID-19 Impact Analysis on Global Logistics Market:

Customer behaviour has changed as a result of the COVID-19 epidemic in all areas of society. Industries, on the other hand, will need to revise their strategy to account for changing market supply. This report provides an overview of the COVID-19's influence on the Global Logistics market and will assist you in developing your business in accordance with the new industry standards.

Key Questions answered in the Global Logistics Market Report are:

  • Which product segment had the largest share in the Global Logistics market in 2020?
  • How is the competitive landscape of the Global Logistics market?
  • Which are the key factors aiding the Global Logistics market growth?
  • Which region holds the maximum share in the Global Logistics market?
  • What will be the CAGR of the Global Logistics market during the forecast period (2021-2027)?

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