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The Europe logistics market size was valued at USD 2353.88 billion in 2023. The market is further projected to grow at a CAGR of 5.4% between 2024 and 2032, reaching a value of USD 3793.04 billion by 2032.
The growth of e-commerce, particularly in the B2B and B2C segments, is driving demand for streamlined logistics and supply chain management solutions. For instance, Amazon, a leading e-commerce platform, has expanded its logistics network in Europe, including the establishment of new fulfilment centres. Additionally, the growth of advanced manufacturing, including electric vehicle (EV) and battery production, and pharmaceuticals is fuelling record levels of take-up from manufacturers. For example, Tesla, the leading EV manufacturer, has established a Gigafactory in Germany to produce batteries and EVs, requiring robust logistics support and can drive Europe logistics market growth.
The integration of technology, such as GPS trackers, RFID sensors, Bluetooth, and IoT for fleet connectivity and integrated logistics management, is enhancing decision-making and supply chain visibility. For example, DHL, a leading logistics provider, has implemented RFID technology to track and trace shipments, providing real-time visibility and improving operational efficiency. Big Data analytics further contribute to these advancements, offering flexibility to scale operations based on demand fluctuations and supporting seasonal peaks and market expansions.
The European Union is playing a pivotal role in shaping policies and regulations governing logistics activities, fostering a conducive environment for sustainable practices such as green logistics. Investments in transportation infrastructure, particularly in rail networks, are demonstrating a commitment to improving transportation networks and reducing carbon emissions. For instance, the European Union has launched the Trans-European Transport Network (TEN-T) policy to support the development of sustainable transportation infrastructure, including rail networks.
Europe Logistics Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Model Type
Market Breakup by Transportation Mode
Market Breakup by End User
Market Breakup by Country
Market players are centred around several key aspects, including sustainability, efficient transport networks, and technological advancements.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Model Type |
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Breakup by Transportation Mode |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 2353.88 billion.
The market is expected to grow at a CAGR of 5.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 3793.04 billion by 2032.
The market is driven by the growth of e-commerce, which has led to a surge in demand for streamlined logistics and supply chain management solutions.
Key trends aiding the market expansion include the growth of e-commerce, the increasing reliance on 3PLs, integration of technology, and a shift towards customer-centric logistics.
Countries considered in the market are Germany, United Kingdom, France, and Italy, among others.
Based on end user, the market segmentations include manufacturing, consumer goods and retail, food and beverages, IT hardware and telecom, healthcare, chemicals, construction, automotive, and oil and gas, among others.
1 PL, 2 PL, and 3 PL are considered in the report.
Key players in the market are FedEx Corporation, United Parcel Service, Inc., Schenker AG, C.H. Robinson Worldwide Inc., Deutsche Post AG, DSV A/S, CMA CGM Group (CEVA Logistics SA), Kuehne + Nagel International AG, Nippon Express Co., Ltd., Expeditors International of Washington, Inc., Kintetsu World Express Inc., GXO Logistics, Inc., and A.P. Møller – Mærsk A/S, among others.
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