Logistics Market Overview:
For the global industry’s Logistics market analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to supplement existing data, segment the market, estimate overall market size, and anticipate market size and growth rate.
Primary and secondary research is used to identify market leaders, while primary and secondary research is used to assess market revenue. In-depth interviews with important thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, were conducted as part of the core research. Primary research comprised in-depth interviews with key thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to calculate global market percentage splits, market shares, growth rates, and breakdowns, which are then compared to primary data.
Expected Growth size was valued at US$ 13.39 Bn. in 2021 and the total revenue is expected to grow at CAGR 7.20% through 2021 to 2029, reaching nearly US$ 23.36 Bn.
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Market Scope:
By defining and assessing market segments and predicting market size, the study aids comprehension of the Global Logistics Market dynamic structure. In addition, the report includes a competitive analysis of significant firms based on pricing, financial state, application expansion ambitions, and geographical presence. The research also includes a PESTLE analysis to help shareholders prioritize their efforts and investments in the Global Logistics Market.
External and internal factors that are predicted to have a positive or negative impact on enterprises have been researched, presenting decision-makers with a clear picture of the sector’s future. By studying market segments and projecting Logistics Market size, the study also assists in understanding the dynamic structure of the Global Logistics Market. The study acts as a resource for investors by depicting the competitive analysis of prominent businesses in the Global Logistics Market based on price, financial status, growth strategies, and geographical presence.
Segmentation:
The Roadways Transportation segment captured the largest market share accounted for 33.19 % in 2021. Roadway transportation has a significant impact on various sectors of products because it is often shipped at various locations. Roadway transportation is the cheapest mode of transportation for long distances, as a result, this segment is expected to dominate the Logistics market during the forecast period.
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Key Players:
• J.B. Hunt Transport Inc.
• C.H. Robinson Worldwide, Inc.
• CEVA Logistics
• FedEx Corp.
• United Parcel Service, Inc.
• Expeditors International of Washington Inc.
• XPO Logistics Inc.
Regional Analysis:
An study of the Logistics Market at the national level focuses on categories indicated as potentially high-growth, nations with the biggest market share, and countries with the highest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the Logistics Market study.
COVID-19 Impact Analysis on Logistics Market: The report covers COVID-19 impact on Logistics market.
Key Questions Answered in the Logistics Market Report are:
- What will be the Logistics market’s CAGR throughout the projected period?
- Which market category emerged as the market leader in the Logistics market?
- Who are the key players in the Logistics market?
- How big will the Logistics market be in 2029?
- Which firm had the biggest market share in the Logistics market?
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