The global logistics industry stands at the heart of modern economic activity, enabling the seamless movement of goods across borders, industries, and consumer markets. From raw material sourcing to last-mile delivery, logistics plays a decisive role in shaping supply chain resilience and business competitiveness. As digital commerce expands and global trade networks become more complex, the logistics market is undergoing a steady yet transformative evolution.
According to recent industry estimates, the global logistics
market was valued at USD 9.3 trillion in 2024 and is projected to reach
USD 13.1 trillion by 2035, expanding at a compound annual growth rate
(CAGR) of 3.1% from 2025 to 2035. While growth may appear moderate, the
scale, technological integration, and strategic importance of logistics are
increasing rapidly across regions.
Market Size and Key Highlights
The logistics industry reached an impressive USD 9.3
trillion valuation in 2024, reflecting its indispensable role across
manufacturing, retail, healthcare, and industrial sectors. By 2035, the market
is expected to add nearly USD 4 trillion in incremental value, driven by
structural shifts in global trade and consumption patterns.
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Key highlights shaping the market outlook include:
- Projected
market size of USD 13.1 trillion by 2035
- CAGR
of 3.1% during 2025–2035
- Asia
Pacific accounted for 36.1% of global revenue in 2024
- Ground
freight dominated the market with a 65.1% share by freight & storage
- Growing
influence of digital platforms, automation, and multimodal logistics
networks
E-commerce and Parcel Logistics as Growth Catalysts
One of the strongest growth drivers for the logistics market
is the continued expansion of global e-commerce. Online retail has
significantly increased demand for parcel logistics, fulfillment centers, and
time-definite delivery services. Consumers now expect faster, more transparent,
and cost-efficient shipping experiences, forcing logistics providers to
modernize their operations.
Same-day and next-day delivery models, particularly in urban
areas, are accelerating investments in last-mile logistics, route optimization
software, and automated sorting facilities. As cross-border e-commerce grows,
logistics providers are also strengthening customs clearance capabilities and
international freight services.
Infrastructure Modernization and Multimodal Connectivity
Infrastructure development remains a cornerstone of
logistics market growth. Governments and private investors worldwide are
channeling capital into ports, highways, rail corridors, airports, and
logistics parks to enhance trade efficiency. Modern logistics increasingly
depends on multimodal connectivity, integrating road, rail, air, and sea
transport into unified supply chains.
Digital customs systems, smart ports, and automated
warehouses are reducing transit times and operational costs. These improvements
not only benefit global shipping companies but also strengthen national supply
chain resilience, especially in emerging economies.
Ground Freight Continues to Dominate
By freight and storage type, ground freight accounted for
65.1% of the market share in 2024, making it the dominant logistics
segment. Road and rail transportation remain essential for domestic
distribution, regional trade, and last-mile delivery.
Ground freight benefits from flexibility, scalability, and
expanding highway networks, particularly in Asia Pacific and North America. The
integration of telematics, GPS tracking, and fleet management software is
further enhancing efficiency and visibility across ground transportation
networks.
Asia Pacific: The Global Logistics Powerhouse
Asia Pacific emerged as the largest regional market in
2024, holding 36.1% of global logistics revenue. Rapid
industrialization, strong export activity, expanding manufacturing bases, and
booming e-commerce markets in countries such as China, India, Japan, and
Southeast Asia are fueling regional dominance.
Additionally, large-scale infrastructure initiatives, trade
corridor development, and port modernization projects are positioning Asia
Pacific as a central hub for global supply chains. The region is also
witnessing increasing adoption of warehouse automation and AI-driven logistics
planning tools.
Competitive Landscape and Key Players
The global logistics market is highly competitive and
moderately consolidated, with leading players focusing on service
diversification, geographic expansion, and digital transformation. Major
companies operating in the market include:
- Deutsche
Post AG (DHL Group)
- Kuehne
+ Nagel Management AG
- DSV
Road, Inc. (DSV A/S Group)
- Schenker
AG
- FedEx
Corporation
- United
Parcel Service of America, Inc. (UPS)
- Maersk
Logistics and Services UK Ltd.
- C.H.
Robinson Worldwide, Inc.
- NIPPON
EXPRESS HOLDINGS, INC.
- Expeditors
International of Washington, Inc.
- CMA
CGM Group
- GEODIS
SA
- J.B.
Hunt Transport, Inc.
- XPO,
Inc.
- Ryder
System, Inc.
These companies are actively investing in automation,
digital freight platforms, sustainable transportation solutions, and
value-added services such as contract logistics and supply chain consulting.
Future Outlook: Efficiency, Sustainability, and
Digitalization
Looking ahead to 2035, the logistics market will be defined
by operational efficiency, environmental sustainability, and advanced
digital integration. The adoption of electric vehicles, alternative fuels,
and optimized routing will help logistics providers reduce carbon emissions.
Meanwhile, technologies such as AI, blockchain, and predictive analytics will
improve demand forecasting, shipment tracking, and risk management.
As global trade adapts to shifting economic and geopolitical
dynamics, logistics will remain a critical enabler of growth. Companies that
embrace innovation, invest in infrastructure, and prioritize customer-centric
delivery models are best positioned to thrive in the evolving logistics landscape.
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