The manufacturing logistics market size is expected to see rapid growth in the next few years. It will grow to $216.56 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to a rise in globalization and international trade, rising demand for efficient supply chain management, a growing need for advanced logistics solutions, and a growing e-commerce industry. Major trends in the forecast period include technological advancements, blockchain technology integration, integrated supply chain networks, technology integration into logistics operations, and an innovative approach to cross-border logistics.
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Scope Of Manufacturing Logistics Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Manufacturing Logistics Market Overview
Market Drivers –
The growing e-commerce industry is expected to propel the growth of the manufacturing logistics markets going forward. The e-commerce industry refers to the buying and selling of goods and services over the internet. It encompasses all transactions conducted online, including retail, wholesale, digital products, and services. The growing e-commerce sector is driven by increased global internet access, which expands online shopping opportunities, and enhanced supply chain and delivery solutions that ensure faster and more reliable shipping. Manufacturing logistics optimizes inventory management, production processes, and order fulfillment in e-commerce to ensure timely and efficient delivery of products to customers. For instance, in June 2022, according to Ecommerce Europe, a Belgium-based non-profit association, total e-commerce sector in Europe reached about $869 billion in 2021. The growth trend is expected to persist into 2022, with a projected growth rate of 11% and an anticipated turnover of around $958 billion. Therefore, the growing e-commerce industry is driving the growth of manufacturing logistics market.
Market Trends –
Major companies operating in the manufacturing logistics market are expanding their business offerings through innovative solutions, such as logistics services on the open network for digital commerce, to enhance supply chain efficiency and provide seamless integration with e-commerce platforms. Logistics services on the open network for digital commerce (ONDC) refer to the integration of logistics providers into a decentralized network, enabling seamless, efficient, and transparent supply chain management across various e-commerce platforms. For instance, in November 2023, Mahindra Logistics, an India-based logistics service provider, launched its services on the open network for digital commerce (ONDC), initially offering same-day and next-day intra-city pick-up and delivery for all sellers on the platform. The company plans to expand its offerings to include mobility services, complete truck loads, and inter-city quick parcel delivery, covering up to 19,000 pin codes. This initiative aims to enhance logistics solutions for local direct-to-consumer brands and sellers, facilitating rapid integration and fulfillment within the ONDC ecosystem. Mahindra Logistics will also collaborate with other members of the ONDC Network to provide solutions that empower local direct-to-consumer (D2C) brands and sellers with rapid integration and fulfillment services.
The manufacturing logistics market covered in this report is segmented –
1) By Services: Transportation, Warehousing, Distribution, Inventory Management
2) By Transportation Mode: Road, Rail, Air, Sea
3) By Technology: Internet Of Things, Artificial Intelligence And Machine Learning, Robotics And Automation, Cloud Computing, Blockchain, Other Technologies
4) By Industry: Automotive, Aerospace, Electronics, Pharmaceuticals, Food And Beverage, Textiles, Other Industries
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Regional Insights –
Asia-Pacific was the largest region in the manufacturing logistics market in 2023. The regions covered in the manufacturing logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the manufacturing logistics market are JD Logistics Inc., DHL Supply Chain North America Inc., UPS Supply Chain Solutions Inc., A.P. Moller – Maersk A/S, Kuehne + Nagel Inc., DSV Panalpina A/S, DB Schenker Logistics, C.H. Robinson Worldwide Inc., FedEx Supply Chain Inc., CEVA Logistics AG, Expeditors International of Washington Inc., Nippon Express Co. Ltd., Geodis S.A., Doosan Corporation Industrial Vehicle, GXO Logistics Inc., XPO Logistics Inc., Mitsubishi Logisnext Co. Ltd., Jungheinrich AG, Kalmar Global, Holman Enterprises, Clark Material Handling Company, Lonking Holdings Limited, Hangcha Group Co. Ltd., Haulotte Group, Greater Louisville Inc., Kane Logistics Inc
Table of Contents
1. Executive Summary
2. Manufacturing Logistics Market Report Structure
3. Manufacturing Logistics Market Trends And Strategies
4. Manufacturing Logistics Market – Macro Economic Scenario
5. Manufacturing Logistics Market Size And Growth
…..
27. Manufacturing Logistics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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