Logistics Market Share

ID: MRFR/PCM/3640-HCR

111 Pages

Snehal Singh

October 2025

Logistics Market Research Report By Service Type (Transportation, Warehousing, Freight Forwarding, Supply Chain Management), By Mode of Transportation (Road, Rail, Air, Sea), By End User (Retail, Manufacturing, Healthcare, Automotive), By Solution Type (Third-Party Logistics, Fourth-Party Logistics, In-House Logistics) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035.

Request Free Sample

Summary Table of Contents Segmentation Download PDF

Market Share

Logistics Market Share Analysis

Companies vary their service offerings to gain market share. This entails offering a wide range of logistical services, such as value-added services, freight forwarding, warehousing, and transportation. Logistics companies can meet a range of client needs and obtain a competitive edge by diversifying. One important tactic for market positioning is the integration of technology. Logistics companies use cutting-edge technologies to boost productivity, increase supply chain visibility, and offer real-time tracking options, which draws in tech-savvy customers. Growing the worldwide network is essential for increasing market share. Businesses strategically place themselves in strategic locations by building a strong presence. A vast network makes it possible for logistics companies to enter new markets, deliver seamless services between borders, and increase their market share internationally. Logistics companies are concentrating on becoming specialists in e-commerce delivery services due to the industry's explosive growth. This covers order processing, last-mile delivery, and returns administration that are specifically designed to meet the needs of online retailers. Businesses that specialize in e-commerce logistics are better positioned to serve the rapidly expanding e-commerce market. Providing solutions that concentrate on customers is a crucial approach to gaining market share. Logistics companies place a high priority on comprehending customer needs and customizing their offerings accordingly. Personalized customer care, tailored solutions, and adaptability to shifting needs promote long-term relationships and increase market share. In the logistics sector, a dedication to sustainability is starting to set companies apart. Industries use green logistics techniques, such as fuel-efficient fleets, carbon footprint reduction programs, and environmentally friendly modes of transportation. Sustainability initiatives help position a company's market share by attracting environmentally concerned customers. Growing market share can be achieved by strategically focusing on emerging markets. Recognizing and putting effort into emerging markets allows logistics companies to take advantage of expanding commerce, gain market domination early on, and build leadership positions in unexplored countries. The staff in logistics is essential to the quality of services. Using data analytics to gain forecasting knowledge is a proactive approach. Logistics companies that use data analytics to their advantage can give clients with predictive analytics solutions that help them estimate demand, maximize inventory, and improve overall efficiency in their supply chains. Using self-driving cars is a forward-thinking approach to market positioning. Logistics firms investigate the use of drones and driverless trucks in transportation to cut costs and increase productivity. Companies who implement autonomous technologies early are positioned as leaders in the evolving logistics landscape.

Market Highlights

Author

Snehal Singh

Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

Get In Touch

FAQs

What was the market size of the Logistics Market by 2024?

The Logistics Market was valued at approximately 1006.85 USD Billion by the year 2024.

What is the expected CAGR for the Logistics Market from 2025 to 2035?

Logistics Market is expected to grow with a CAGR of 7.02% in the period 2025-2035

Which region is expected to have the largest market share in the Logistics Market by 2035?

North America is projected to have the largest market share in the Logistics Market, valued at 550.0 USD Billion by 2035.

What is the expected value of the Transportation segment in the Logistics Market by 2035?

The Transportation segment of the Logistics Market is expected to be valued at 600.0 USD Billion by 2035.

Who are the key players in the Logistics Market?

Major players in the Logistics Market include DB Schenker, Nippon Express, DHL, FedEx, and UPS.

What was the market value for the Warehousing segment in 2024? The Warehousing segment of the Logistics Market was valued at 300.0 USD Billion in 2024.

The Warehousing segment of the Logistics Market was valued at 300.0 USD Billion in 2024.

How much is the European region projected to be valued in the Logistics Market by 2035?

The European region is projected to be valued at 400.0 USD Billion in the Logistics Market by 2035.

What challenges and opportunities exist in the Logistics Market?

Challenges in the Logistics Market include regulatory issues and demand fluctuations, while opportunities lie in technological advancements and emerging markets.

What is the expected value of the Freight Forwarding segment by 2035?

The Freight Forwarding segment is expected to reach a value of 325.0 USD Billion in the Logistics Market by 2035.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

Customize Report

Certified Researchers

Market Summary

As per MRFR analysis, the Logistics Market was estimated at 17978234.5 USD Billion in 2024. The Logistics industry is projected to grow from 19240350.07 USD Billion in 2025 to 37920343.08 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 7.02 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The logistics market is currently experiencing a transformative phase driven by technological advancements and evolving consumer expectations.

Technological integration is reshaping logistics operations, enhancing efficiency and visibility across supply chains.
Sustainability initiatives are becoming increasingly critical, with companies prioritizing eco-friendly practices in their logistics strategies.
The last-mile delivery segment is witnessing rapid growth, driven by the demand for faster and more reliable delivery services.
Technological advancements and evolving consumer expectations are key drivers propelling the logistics market forward, particularly in North America and Asia-Pacific.

Market Size & Forecast

2024 Market Size	17978234.5 (USD Billion)
2035 Market Size	37920343.08 (USD Billion)
CAGR (2025 - 2035)	7.02%
Largest Regional Market Share in 2024	North America

Major Players

DHL (DE), FedEx (US), UPS (US), Maersk (DK), XPO Logistics (US), C.H. Robinson (US), Kuehne + Nagel (CH), DB Schenker (DE), Nippon Express (JP), DHL Supply Chain (DE)

Market Trends

The Logistics Market is currently experiencing a transformative phase characterized by rapid advancements in technology and evolving consumer expectations. Companies are increasingly adopting automation and digital solutions to enhance operational efficiency and streamline supply chain processes. This shift not only improves service delivery but also reduces costs, thereby fostering a competitive edge in a crowded marketplace. Furthermore, sustainability has emerged as a pivotal focus, with organizations striving to minimize their environmental impact through greener practices and innovative logistics solutions. As a result, the Logistics Market is witnessing a growing demand for eco-friendly transportation options and sustainable packaging solutions. In addition to technological integration and sustainability, the Logistics Market is also adapting to the complexities of global trade dynamics. Geopolitical factors and changing regulations are influencing logistics strategies, compelling businesses to remain agile and responsive. The emphasis on last-mile delivery solutions is intensifying, driven by the rise of e-commerce and consumer preferences for faster shipping options. Overall, the Logistics Market appears poised for continued evolution, with companies likely to invest in advanced technologies and sustainable practices to meet the challenges and opportunities that lie ahead.

Technological Integration

The Logistics Market is increasingly embracing automation and digital technologies to enhance efficiency. Companies are utilizing advanced software solutions, artificial intelligence, and robotics to optimize supply chain operations. This trend not only streamlines processes but also improves accuracy and reduces operational costs.

Sustainability Initiatives

There is a growing emphasis on sustainability within the Logistics Market. Organizations are adopting eco-friendly practices, such as using alternative fuels and sustainable packaging. This shift reflects a broader commitment to reducing environmental impact and meeting consumer demand for greener solutions.

Evolving Last-Mile Delivery

The focus on last-mile delivery is intensifying as e-commerce continues to expand. Companies are exploring innovative solutions to enhance delivery speed and efficiency. This trend is driven by changing consumer expectations for rapid shipping and the need for logistics providers to adapt to these demands.

Logistics Market Market Drivers

E-commerce Growth

The rapid expansion of e-commerce is a pivotal driver for the Global Logistics Market Industry. As online shopping continues to gain traction, logistics providers are adapting to meet the increasing demand for fast and efficient delivery services. In 2024, the market is projected to reach 1006.9 USD Billion, largely fueled by the need for robust logistics solutions that can handle the complexities of e-commerce supply chains. Companies are investing in technology and infrastructure to enhance last-mile delivery capabilities, which is crucial for customer satisfaction. This trend is expected to persist, with the market anticipated to grow significantly as consumer preferences shift towards online purchasing.

Urbanization Trends

Urbanization is a key factor influencing the Global Logistics Market Industry, as more people migrate to urban areas, creating challenges and opportunities for logistics providers. The concentration of populations in cities increases demand for efficient transportation and distribution networks. Logistics Market companies are responding by developing urban logistics strategies that address the complexities of last-mile delivery in densely populated areas. This trend is expected to drive market growth, with the industry projected to reach 1006.9 USD Billion in 2024. As urbanization continues, logistics providers must innovate to meet the evolving needs of urban consumers, ensuring timely and effective delivery solutions.

Global Trade Dynamics

The evolving landscape of global trade is a significant driver for the Global Logistics Market Industry. Trade agreements and geopolitical developments influence logistics operations, as companies must navigate tariffs, regulations, and supply chain disruptions. The increasing interconnectedness of markets necessitates efficient logistics solutions to facilitate cross-border trade. As countries engage in trade partnerships, the demand for logistics services is likely to rise, contributing to the market's expansion. The anticipated growth to 1500 USD Billion by 2035 underscores the importance of adapting logistics strategies to align with changing trade dynamics and global economic conditions.

Market Growth Projections

The Global Logistics Market Industry is poised for substantial growth, with projections indicating a market size of 1006.9 USD Billion in 2024 and a potential increase to 1500 USD Billion by 2035. This growth reflects a compound annual growth rate (CAGR) of 3.69% from 2025 to 2035, driven by various factors such as e-commerce expansion, technological advancements, and changing consumer preferences. The increasing complexity of supply chains necessitates innovative logistics solutions, further propelling market dynamics. As the industry evolves, stakeholders must remain agile to capitalize on emerging opportunities and navigate potential challenges.

Sustainability Initiatives

Sustainability is becoming a crucial focus within the Global Logistics Market Industry as companies seek to reduce their carbon footprints and comply with environmental regulations. The push for greener logistics solutions is prompting investments in alternative fuels, electric vehicles, and eco-friendly packaging. As consumers increasingly prioritize sustainability, logistics providers are adapting their operations to meet these expectations. This shift may lead to a competitive advantage for companies that successfully implement sustainable practices. The market's growth trajectory, with a projected CAGR of 3.69% from 2025 to 2035, indicates that sustainability will play a significant role in shaping the future of logistics.

Technological Advancements

Technological innovations are reshaping the Global Logistics Market Industry, enhancing operational efficiency and reducing costs. Automation, artificial intelligence, and data analytics are increasingly integrated into logistics operations, enabling companies to optimize routes, manage inventory, and predict demand more accurately. For instance, the use of AI-driven predictive analytics can lead to a reduction in delivery times and improved resource allocation. As the industry evolves, the adoption of these technologies is likely to drive growth, contributing to the projected market size of 1500 USD Billion by 2035. This technological shift not only streamlines processes but also enhances the overall customer experience.

Market Segment Insights

By Application: Transportation (Largest) vs. Last Mile Delivery (Fastest-Growing)

In the logistics market, the application segment is diversified, with transportation commanding the largest share. This is primarily due to the essential role transportation plays in moving goods across various distances, whether by road, rail, air, or sea. Warehousing and freight forwarding also represent significant portions of the market, serving as crucial components in the supply chain. While inventory management plays a supportive role, it is the last-mile delivery portion that has gained considerable attention, fueled by the growth of e-commerce and the need for faster shipping solutions.

Transportation (Dominant) vs. Last Mile Delivery (Emerging)

Transportation continues to dominate the logistics application segment, as it encompasses various modes of moving goods effectively between locations. This category includes trucking, shipping, and air freight, which are vital in ensuring goods meet their delivery timelines. However, last mile delivery has emerged rapidly, driven by the increasing demand for quick and convenient delivery solutions in urban areas. The rise in online shopping has significantly influenced this segment's growth, compelling companies to innovate logistics strategies that enhance customer satisfaction. As competition increases, both transportation remains essential, but last mile delivery is rapidly adapting to evolving market needs.

By Service Type: Third Party Logistics (Largest) vs. Fourth Party Logistics (Fastest-Growing)

In the logistics market, service type segmentation reveals a diverse landscape with Third Party Logistics (3PL) holding the largest market share. 3PL encompasses a variety of services enabling businesses to streamline their supply chains. Following 3PL, Fourth Party Logistics (4PL) is rapidly evolving, catering to more complex logistics needs as firms seek integrated solutions. This duality showcases varying dynamics, where traditional service models coexist with innovative frameworks focusing on efficiency and responsiveness to market changes. Growth trends indicate a robust demand for these service types, particularly driven by e-commerce expansion and globalization. Businesses are increasingly outsourcing logistics functions to optimize operations and reduce costs. The technological advancements further boost service integration, facilitating smoother communication and coordination among various logistics functions. As companies strive for agility, the adoption of 4PL is expected to surge, supported by digital platforms enhancing supply chain visibility and operational efficiency.

Third Party Logistics (Dominant) vs. Fourth Party Logistics (Emerging)

Third Party Logistics (3PL) serves as a dominant player in the logistics sector, offering a comprehensive suite of services that includes transportation, warehousing, and distribution. 3PL providers facilitate operational efficiency for businesses by allowing them to focus on core activities while outsourcing logistics functions. They leverage advanced technologies to enhance service delivery, ensuring timely movement of goods across various channels. In contrast, Fourth Party Logistics (4PL) is emerging as a notable force, representing a new generation of service providers that orchestrate complete supply chain solutions. 4PL providers act as integrators, managing resources, technology, and infrastructure to deliver a seamless logistics experience. As companies face increasing complexities, 4PL solutions gain traction, emphasizing strategic partnership and technological integration to address evolving market demands.

By End Use: E-commerce (Largest) vs. Healthcare (Fastest-Growing)

In the Logistics Market, the end use segment showcases diverse applications, with E-commerce leading the charge. Retail, Manufacturing, and Automotive significantly contribute to the landscape, but E-commerce has emerged as the dominant player due to the surge in online shopping. Healthcare is also noteworthy, as it integrates sophisticated logistics solutions to manage the distribution of medical supplies and pharmaceuticals efficiently. This leads to innovative strategies that cater to urgency and temperature sensitivity, essential for healthcare logistics.

E-commerce (Dominant) vs. Healthcare (Emerging)

E-commerce stands as the dominant force in the logistics market, driven by the rapid digital transformation and changing consumer behaviors. The rise of online shopping has propelled logistics strategies to evolve, emphasizing last-mile delivery and real-time tracking, ensuring customer satisfaction. In contrast, the healthcare segment, though emerging, reflects a robust growth pattern as it demands specialized logistics for sensitive medical products, including drugs and equipment. This sector is increasingly focusing on cold chain logistics and compliance with regulatory standards, making it crucial for logistics providers to adapt their services accordingly to meet stringent demands.

By Mode of Transport: Road (Largest) vs. Air (Fastest-Growing)

In the logistics market, the mode of transport segment is primarily dominated by road transportation, which has the largest market share. This segment is favored due to its versatility and widespread infrastructure, enabling efficient distribution to various end-consumers. Road transport caters to a wide range of goods, promoting last-mile delivery solutions that enhance accessibility. In contrast, air transport, while less utilized than roads in terms of volume, is the fastest-growing mode within the logistics sector. Increasing demand for quick delivery services, particularly in e-commerce and perishables, has driven significant growth in air freight. This trend is supported by advancements in aviation technology, enhancing operational efficiencies and reducing delivery times.

Road (Dominant) vs. Air (Emerging)

Road transport remains the dominant force in the logistics market due to its flexibility and reach. It allows for direct delivery to the location of end-users, making it especially vital for businesses requiring quick turnaround times. This mode of transport is well-suited for short to medium distances and is often preferred for less-than-truckload shipping. On the other hand, air transport represents an emerging segment, growing rapidly as businesses prioritize speed and efficiency. Companies are increasingly leveraging air freight for high-value, time-sensitive goods, supported by improvements in air traffic management and streamlined customs processes. The combination of road and air transport offers a balanced approach, catering to distinct market needs.

By Technology: Internet of Things (Largest) vs. Artificial Intelligence (Fastest-Growing)

The logistics market is currently experiencing a significant transformation driven by advanced technologies. Among these, the Internet of Things (IoT) holds the largest share, providing unparalleled connectivity and data exchange capabilities across supply chains. In contrast, Artificial Intelligence (AI) is rapidly gaining traction, leveraging machine learning and data analysis to optimize logistics operations, improving efficiency and accuracy in real-time decision-making.

Logistics Technology: IoT (Dominant) vs. AI (Emerging)

The Internet of Things serves as the backbone of modern logistics, facilitating seamless communication between devices and systems, which enhances operational efficiency. It enables real-time tracking of shipments, smart inventory management, and predictive maintenance of equipment. On the other hand, Artificial Intelligence is emerging as a powerful tool for logistics optimization, enabling predictive analytics, route optimization, and enhanced customer service. AI algorithms analyze vast amounts of data, providing insights that drive better decision-making and operational strategies. Together, these technologies are redefining the logistics landscape, with IoT establishing a strong foundation, while AI paves the way for innovative solutions.

Get more detailed insights about Logistics Market Research Report - Global Forecast by 2035

Regional Insights

North America : Logistics Powerhouse

North America continues to dominate the logistics market, holding a significant share of 7190.0 million in 2024. The region's growth is driven by robust e-commerce demand, technological advancements, and a strong regulatory framework that supports infrastructure development. The increasing need for efficient supply chain solutions and last-mile delivery services further propels market expansion. The competitive landscape is characterized by major players such as FedEx, UPS, and DHL, which leverage advanced technologies to enhance operational efficiency. The U.S. remains the leading country, with a well-established logistics network and significant investments in automation and digitalization. This competitive environment fosters innovation and positions North America as a leader in the global logistics sector.

Europe : Diverse Logistics Landscape

Europe's logistics market, valued at 4900.0 million, is experiencing steady growth driven by increasing cross-border trade and advancements in logistics technology. Regulatory support, such as the EU's Green Deal, aims to enhance sustainability in logistics, promoting eco-friendly practices. The region's strategic location facilitates efficient transportation networks, further boosting market demand. Leading countries like Germany, France, and the UK are at the forefront of this growth, with key players such as DHL and DB Schenker enhancing their service offerings. The competitive landscape is marked by a focus on innovation, with companies investing in automation and digital solutions to improve efficiency. This dynamic environment positions Europe as a significant player in The Logistics.

Asia-Pacific : Emerging Market Potential

The Asia-Pacific logistics market, valued at 4700.0 million, is witnessing rapid growth fueled by increasing urbanization and rising consumer demand. The region's diverse economies are investing heavily in logistics infrastructure, enhancing connectivity and efficiency. Regulatory initiatives aimed at improving trade facilitation and reducing barriers are also contributing to market expansion. Countries like China, Japan, and India are leading the charge, with major logistics players such as Nippon Express and XPO Logistics expanding their operations. The competitive landscape is evolving, with a focus on technology adoption and innovative solutions to meet the growing demand for logistics services. This growth trajectory positions Asia-Pacific as a key player in The Logistics.

Middle East and Africa : Emerging Logistics Hub

The Middle East and Africa logistics market, valued at 444.5 million, is emerging as a significant player due to substantial investments in infrastructure and logistics capabilities. The region is witnessing a surge in demand for logistics services driven by economic diversification and increased trade activities. Regulatory frameworks are evolving to support logistics development, enhancing the overall business environment. Countries like the UAE and South Africa are leading the logistics charge, with key players such as DHL Supply Chain and Maersk establishing a strong presence. The competitive landscape is characterized by a focus on improving supply chain efficiency and adopting innovative technologies. This growth potential positions the Middle East and Africa as an attractive market for logistics investments.

Key Players and Competitive Insights

The Logistics Market is currently characterized by intense competition and rapid evolution, driven by factors such as globalization, technological advancements, and increasing consumer expectations for speed and efficiency. Major players like DHL (DE), FedEx (US), and Maersk (DK) are strategically positioning themselves through innovation and digital transformation. DHL (DE) focuses on sustainability initiatives, aiming to achieve net-zero emissions by 2050, while FedEx (US) emphasizes automation and AI to enhance operational efficiency. Maersk (DK) is investing heavily in digital platforms to streamline supply chain processes, indicating a collective shift towards technology-driven solutions that reshape the competitive landscape.

Key business tactics within the Logistics Market include localizing manufacturing and optimizing supply chains to enhance responsiveness to market demands. The market structure appears moderately fragmented, with a mix of large multinational corporations and regional players. The influence of key players is substantial, as their strategies often set benchmarks for operational excellence and customer service standards across the industry.

In November 2025, FedEx (US) announced a partnership with a leading AI firm to develop predictive analytics tools aimed at optimizing delivery routes and reducing operational costs. This strategic move is likely to enhance FedEx's competitive edge by improving delivery efficiency and customer satisfaction, aligning with the growing trend of leveraging technology for operational improvements.

In October 2025, Maersk (DK) launched a new digital platform designed to provide real-time visibility into supply chain operations. This initiative is significant as it not only enhances transparency for customers but also positions Maersk as a leader in digital logistics solutions, potentially attracting new clients seeking advanced supply chain management capabilities.

In December 2025, DHL (DE) unveiled its latest sustainability report, highlighting a 30% reduction in carbon emissions over the past five years. This commitment to sustainability is increasingly becoming a competitive differentiator, as customers are more inclined to partner with companies that prioritize environmental responsibility.

As of December 2025, the Logistics Market is witnessing a pronounced shift towards digitalization, sustainability, and AI integration. Strategic alliances are becoming more prevalent, as companies recognize the need to collaborate to enhance service offerings and operational capabilities. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability, reflecting the changing expectations of consumers and businesses alike.

Key Companies in the Logistics Market market include

Industry Developments

Q3 2025: Union Pacific and Norfolk Southern merger In July 2025, Union Pacific announced an $85 billion stock-and-cash acquisition of Norfolk Southern to create the first coast-to-coast freight railroad in U.S. history, aiming to unify western and eastern U.S. rail networks and expand access to logistics hubs. The deal faces regulatory scrutiny and is projected to close by 2027.
Q2 2025: The Descartes Systems Group Acquires 3GTMS (March 2025, $115 Million) In March 2025, Descartes Systems Group acquired transportation management solutions provider 3GTMS for $115 million, expanding its cloud-based logistics platform and enhancing its North American logistics solutions.
Q1 2025: Triumph Financial to Acquire GreenScreens AI (February 2025, $160 Million) In February 2025, Triumph Financial announced its acquisition of GreenScreens AI, a provider of intelligent freight pricing solutions, for $160 million to strengthen its portfolio of freight intelligence software.
Q4 2024: Constellation Cold Logistics Market, a London-based temperature-controlled storage and logistics businesses, was acquired by EQT through a $770.1 million LBO in October 2024. EQT acquired Constellation Cold Logistics Market for $770.1 million in October 2024, aiming to support the company’s M&A strategy and expand its geographic footprint in Europe.
Q4 2024: Maersk Supply Service, a subsidiary of A.P. Moller Holding and provider of transportation services for offshore energy markets, was acquired by DOF Group for $1.1 billion in November 2024. DOF Group acquired Maersk Supply Service for $1.1 billion in November 2024, strengthening its integrated service offering in oil, gas, and offshore wind logistics.
Q4 2024: DSV, a Danish-listed transportation and logistics company specializing in air and sea freight forwarding, received $5.6 billion of development capital from a group of investors led by Blackrock in October 2024. DSV secured $5.6 billion in development capital from investors led by Blackrock in October 2024, with the funds intended to partially finance the expected acquisition of Schenker, a German freight management and contract logistics provider.
Q4 2024: Schneider National closed its acquisition of Cowan Systems for $390 million in November 2024. Schneider National completed the acquisition of Cowan Systems for $390 million in November 2024, expanding its logistics and transportation capabilities.
Q4 2024: Stonepeak Partners announced its acquisition of Air Transport Services Group for $3.1 billion in November 2024. Stonepeak Partners acquired Air Transport Services Group for $3.1 billion in November 2024, enhancing its position in air cargo and logistics services.
Q4 2024: Fura closed its acquisition of Pinwheel Logistics Market at an undisclosed value in December 2024. Fura completed the acquisition of Pinwheel Logistics Market in December 2024, furthering its expansion in the logistics sector.
Q4 2024: BUYMA TRAVEL announced its acquisition of Formal Trans for $3 million in December 2024. BUYMA TRAVEL acquired Formal Trans for $3 million in December 2024, strengthening its logistics and travel service offerings.
Q4 2024: Jayud Global Logistics Market Limited closed its acquisition of LD Global Logistics Market at an undisclosed value in October 2024. Jayud Global Logistics Market Limited completed the acquisition of LD Global Logistics Market in October 2024, expanding its logistics network.
Q4 2024: STG Logistics Market (“STG”), a Chicago-based provider of containerized logistics services, received $300.0 million of development capital from Wind Point Partners, Duration Capital Partners and Oaktree Capital Management. STG Logistics Market received $300 million in development capital in Q4 2024 to support its inorganic growth strategy, including recent acquisitions in the logistics sector.

Future Outlook

Logistics Market Future Outlook

The Logistics Market is projected to grow at a 7.02% CAGR from 2024 to 2035, driven by technological advancements, e-commerce expansion, and sustainability initiatives.

New opportunities lie in:

Integration of AI-driven supply chain analytics
Expansion of last-mile delivery solutions
Development of green logistics technologies

By 2035, the Logistics Market is expected to be robust, driven by innovation and efficiency.

Market Segmentation

Logistics Market End Use Outlook

Retail
Manufacturing
E-commerce
Healthcare
Automotive

Logistics Market Technology Outlook

Internet of Things
Artificial Intelligence
Blockchain
Automation
Big Data Analytics

Logistics Market Application Outlook

Transportation
Warehousing
Inventory Management
Freight Forwarding
Last Mile Delivery

Logistics Market Service Type Outlook

Third Party Logistics
Fourth Party Logistics
Freight Brokerage
Transportation Management
Supply Chain Management

Logistics Market Mode of Transport Outlook

Road
Rail
Air
Sea
Pipeline

Report Scope

MARKET SIZE 2024	17978234.5(USD Billion)
MARKET SIZE 2025	19240350.07(USD Billion)
MARKET SIZE 2035	37920343.08(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	7.02% (2024 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Billion
Key Companies Profiled	DHL (DE), FedEx (US), UPS (US), Maersk (DK), XPO Logistics (US), C.H. Robinson (US), Kuehne + Nagel (CH), DB Schenker (DE), Nippon Express (JP), DHL Supply Chain (DE)
Segments Covered	Application, Service Type, End Use, Mode of Transport, Technology
Key Market Opportunities	Integration of artificial intelligence and automation enhances efficiency in the Logistics Market.
Key Market Dynamics	Technological advancements and regulatory changes are reshaping supply chain dynamics in the logistics market.
Countries Covered	North America, Europe, APAC, South America, MEA