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Global Logistics Market: By Model Type: 2 PL, 3 PL, 4 PL; By Transportation Mode: Roadways, Seaways, Railways, Airways, By End Use: Manufacturing, Consumer Goods, Retail, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Logistics Market Outlook
The global logistics market size reached a value of almost USD 4,967 billion in the year 2020. The logistics market is further expected to grow at a CAGR of 5% between 2021 and 2026 to reach a value of almost USD 6,656.3 billion by 2026.
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The global logistics market is driven by the significant growth in the online retail sector globally. The Asia Pacific is the leading regional market for logistics across the globe. The advancements in technology constituting automated material handling equipment, GPS, and biometrics are helping organisations and businesses to work competently, thereby stimulating the growth of the logistics market in the region.
Properties and Applications
Logistics is an indispensable element of supply chain management, which involves planning, managing, and coordinating the flow of resources from the source to the point of consumption.
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The logistics market is divided on the basis of model type into:
- 2 PL
- 3 PL
- 4 PL
At present, 3 PL exhibits the most preferred segment in the market.
On the basis of transportation mode, the industry is segmented into:
- Roadways
- Seaways
- Railways
- Airways
Currently, roadways represent the leading segment in the market.
On the basis of end-use, the industry is divided into:
- Manufacturing
- Consumer Goods
- Retail
- Food and Beverages
- IT Hardware
- Healthcare
- Chemicals
- Construction
- Automotive
- Telecom
- Oil and Gas
- Others
Amongst these, the manufacturing sector accounts for the largest share in the total market.
The report also covers the regional markets of the service like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
The global logistics market is driven by the substantial growth in the e-commerce industry. This can be ascribed to the considerable rise in the sales of goods via online retail channels, which is further enhanced by the convenience offered by these platforms at a better price. The market is further aided by the efficient functioning of online deliveries through the use of logistics. In addition to this, various e-commerce platforms offer easy return and refund policies, which has resulted in an increase in the demand for reverse logistics processes with flexible services like tracking facilities. Besides, increasing focus on sustainable development has led to an accelerating demand for green logistics that offer sustainable transport solutions. Other factors that are predicted to positively influence the logistics market growth include constant technological advancements, the integration of biometrics, increasing international trade agreements, Bluetooth, driverless vehicle, GPS, and drone delivery.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global logistics market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- J.B. Hunt Transport, Inc.
- C.H. Robinson Worldwide, Inc.
- CEVA Logistics
- FedEx
- XPO Logistics, Inc.
- KENCO
- Deutsche Post AG
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Logistics Market Analysis
8.1 Key Industry Highlights
8.2 Global Logistics Historical Market (2016-2020)
8.3 Global Logistics Market Forecast (2021-2026)
8.4 Global Logistics Market by Model Type
8.4.1 2 PL
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 3 PL
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 4 PL
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.5 Global Logistics Market by Transportation Mode
8.5.1 Roadways
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Seaways
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Railways
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Airways
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.6 Global Logistics Market by End Use
8.6.1 Manufacturing
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Consumer Goods
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.6.3 Retail
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2016-2020)
8.6.3.3 Forecast Trend (2021-2026)
8.6.4 Food and Beverages
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2016-2020)
8.6.4.3 Forecast Trend (2021-2026)
8.6.5 IT Hardware
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2016-2020)
8.6.5.3 Forecast Trend (2021-2026)
8.6.6 Healthcare
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2016-2020)
8.6.6.3 Forecast Trend (2021-2026)
8.6.7 Chemicals
8.6.7.1 Market Share
8.6.7.2 Historical Trend (2016-2020)
8.6.7.3 Forecast Trend (2021-2026)
8.6.8 Construction
8.6.8.1 Market Share
8.6.8.2 Historical Trend (2016-2020)
8.6.8.3 Forecast Trend (2021-2026)
8.6.9 Automotive
8.6.9.1 Market Share
8.6.9.2 Historical Trend (2016-2020)
8.6.9.3 Forecast Trend (2021-2026)
8.6.10 Telecom
8.6.10.1 Market Share
8.6.10.2 Historical Trend (2016-2020)
8.6.10.3 Forecast Trend (2021-2026)
8.6.11 Oil and Gas
8.6.11.1 Market Share
8.6.11.2 Historical Trend (2016-2020)
8.6.11.3 Forecast Trend (2021-2026)
8.6.12 Others
8.7 Global Logistics Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Company Profiles
13.3.1 J.B. Hunt Transport, Inc.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Demographic Reach and Achievements
13.3.1.4 Certifications
13.3.2 C.H. Robinson Worldwide, Inc.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Demographic Reach and Achievements
13.3.2.4 Certifications
13.3.3 CEVA Logistics
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Demographic Reach and Achievements
13.3.3.4 Certifications
13.3.4 FedEx
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Demographic Reach and Achievements
13.3.4.4 Certifications
13.3.5 XPO Logistics, Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Demographic Reach and Achievements
13.3.5.4 Certifications
13.3.6 KENCO
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Demographic Reach and Achievements
13.3.6.4 Certifications
13.3.7 Deutsche Post AG
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Demographic Reach and Achievements
13.3.7.4 Certifications
13.3.8 Others
14 Industry Events and Developments
List of Figures and Tables
1. Global Logistics Market: Key Industry Highlights, 2016 and 2026
2. Global Logistics Historical Market: Breakup by Model Type (USD Billion), 2016-2020
3. Global Logistics Market Forecast: Breakup by Model Type (USD Billion), 2021-2026
4. Global Logistics Historical Market: Breakup by Transportation Mode (USD Billion), 2016-2020
5. Global Logistics Market Forecast: Breakup by Transportation Mode (USD Billion), 2021-2026
6. Global Logistics Historical Market: Breakup by End Use (USD Billion), 2016-2020
7. Global Logistics Market Forecast: Breakup by End Use (USD Billion), 2021-2026
8. Global Logistics Historical Market: Breakup by Region (USD Billion), 2016-2020
9. Global Logistics Market Forecast: Breakup by Region (USD Billion), 2021-2026
10. North America Logistics Historical Market: Breakup by Country (USD Billion), 2016-2020
11. North America Logistics Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Europe Logistics Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Europe Logistics Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Asia Pacific Logistics Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Asia Pacific Logistics Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Latin America Logistics Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Latin America Logistics Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Middle East and Africa Logistics Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Middle East and Africa Logistics Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. Global Logistics Market Structure
Key Questions Answered in the Report
In 2020, the global logistics market attained a value of nearly USD 4,967 billion.
The market is projected to grow at a CAGR of 5% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 6,656.3 billion by 2026.
The major drivers of the industry, such as the growing retail sector, particularly e-commerce, rising disposable incomes, rapid urbanisation, and growing technological advancements are expected to aid the market growth.
The key market trends guiding the growth of the logistics market include the increased deployment of automated material handling equipment, growing preference for green logistics solutions, and the rising popularity of drone delivery within the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the Asia Pacific accounting for the largest market share.
3 PL is the leading model type in the industry.
The transportation mode segment is led by roadways.
The manufacturing sector is the dominant end use sector of the product.
The major players in the industry are J J.B. Hunt Transport, Inc., C.H. Robinson Worldwide, Inc., CEVA Logistics, FedEx, XPO Logistics, Inc., KENCO, and Deutsche Post AG, among others.
Analyst Review
The global logistics market attained a value of USD 4,967 billion in 2020, driven by the increased popularity of online shopping and, thus, the rapid growth of the e-commerce industry. Aided by the increased adoption of automated material handling equipment and growing demand for green logistics solutions, the industry is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 5%. The logistics market is projected to reach USD 6,656.3 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its model type, the 3 PL sector accounts for the largest market share. On the basis of transportation mode, the roadways segment accounts for the leading share in the industry. Based on end-use sector, the manufacturing sector exhibits a clear dominance in the industry. The major regional markets for the service are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the industry. The key players in the above industry include J J.B. Hunt Transport, Inc., C.H. Robinson Worldwide, Inc., CEVA Logistics, FedEx, XPO Logistics, Inc., KENCO, and Deutsche Post AG, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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