Logistics Market Size, Share, Trends 2021, Analysis, Industry Growth, Companies, Research Report by 2026
Logistics Market Size, Share, Trends 2021, Analysis, Industry Growth, Companies, Research Report by 2026
Published by IMARC Services Private Limited
Posted on September 23, 2021
According to the latest report by IMARC Group, titled “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global logistics market size reached US$ 5.2 Trillion in 2020. Looking forward, the market value is projected to reach US$ 6.9 Trillion by 2026, expanding at a CAGR of 4.60% during 2021-2026.
Logistics is the process of coordinating and planning services or resources from the point of origin to the point of consumption. This process provides effective and efficient transportation and storage of goods and services. Some of the primary components of logistics include inventory management, inbound and outbound transportation, material handling, warehousing, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The growing number of trade agreements across various countries and the elevating levels of globalization are primarily driving the logistics market. Furthermore, the rising trend of internet retailing and online shopping is also propelling the market growth. Additionally, numerous initiatives by government bodies aimed for promoting international trade are further augmenting the demand for logistics to facilitate import and export activities. Besides this, continuous technological advancements, such as the integration of automated material handling equipment, biometrics, GPS tracking, etc., with logistics services are further catalyzing the product demand. Apart from this, the expanding e-commerce sector and the rising number of warehouses and storage facilities are also anticipated to drive the logistics market over the forecasted period.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: [email protected] Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to the latest report by IMARC Group, titled “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global logistics market size reached US$ 5.2 Trillion in 2020. Looking forward, the market value is projected to reach US$ 6.9 Trillion by 2026, expanding at a CAGR of 4.60% during 2021-2026.
Logistics is the process of coordinating and planning services or resources from the point of origin to the point of consumption. This process provides effective and efficient transportation and storage of goods and services. Some of the primary components of logistics include inventory management, inbound and outbound transportation, material handling, warehousing, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The growing number of trade agreements across various countries and the elevating levels of globalization are primarily driving the logistics market. Furthermore, the rising trend of internet retailing and online shopping is also propelling the market growth. Additionally, numerous initiatives by government bodies aimed for promoting international trade are further augmenting the demand for logistics to facilitate import and export activities. Besides this, continuous technological advancements, such as the integration of automated material handling equipment, biometrics, GPS tracking, etc., with logistics services are further catalyzing the product demand. Apart from this, the expanding e-commerce sector and the rising number of warehouses and storage facilities are also anticipated to drive the logistics market over the forecasted period.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: [email protected] Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800