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Logistics Market By Mode of Transport (Railways, Airways, Roadways, Waterways) By End Use (Healthcare, Manufacturing, Aerospace, Telecommunication, Government & Public Utilities, Banking & Financial Services, Retail, Media & Entertainment, Technology, Trade & Transportation, Others) – Growth, Future Prospects And Competitive Analysis 2016 – 2028

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Published: | Report ID: 12149 | Report Format : PDF

What is the Global Costs of Logistics?

Global logistics costs in 2020 were $9.1 trillion US dollars, down from $9.3 trillion US dollars the previous year. Asia Pacific dominated the global market in 2021, with India leading the charge. Market growth is fueled by factors such as the expanding e-commerce industry and an increase in reverse logistics operations and trade agreements. In addition, the growing acceptance of IoT-enabled linked devices and the rise of tech-driven logistics services are likely to propel the market forward.

Logistics Market

What is the Market Size of the Logistics Market in term of value?

Global Logistics Market is projected to increase at a significant CAGR of 4.5% in the coming years. In 2021, the global logistics market was valued at USD 4.7 Trillion and is projected to reach a value of USD 6.1 trillion by 2028. The demand for logistics is projected to increase substantially in the coming years. It is presumed to generate revenue opportunities for the key industry players worth USD 1.4 trillion during the forecast period between 2022 and 2028.

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What is the Skill Development Opportunities in the Logistics Sector?

By 2022, it is expected that the overall workforce would have grown from 21 million to over 31 million. That implies one sector alone will add nearly 9 million workers to the workforce across all modes (roads, rail, ports, and aircraft). To meet the industry’s expanding training demands, the government and associated players, such as the sector skill council, training institutions, and logistics enterprises, will need to expand their training capacity. 

Interesting Facts about Logistics Industry

  • The logistics business’s total growth is driven by increased demand for consumer goods, pharmaceuticals, beverages, and other products and services. The logistics industry’s overall expansion is being fueled by the industry’s members’ strenuous efforts to provide efficient last-mile deliveries.
  • Poor infrastructure, a lack of diversification, and lower wages are all significant barriers to market growth. 
  • Asia Pacific region had a major share in terms of volume and value in the global logistics market in 2021 and is projected to continue its dominance over the forecast period.
  • Manufacturing is the most important end-use segment, accounting for the majority of the global market.

Who are the Top 10 players/companies in the logistics market in terms of value and volume?

The key players in the global logistics market in terms of value and volume include MOLLER – MAERSK, DB SCHENKER (Deutsche Bahn Group (DB Group)), United Parcel Service, Inc. (UPS)., H. Robinson Worldwide, Inc., GEODIS, Kuehne+NaRailways, Deutsche Post AG (DHL Group) (DHL Group), DSV (DSV Panalpina), FEDEX, and Nippon Express. These major businesses are focusing on new product development and technical innovation to improve their logistics output and achieve a competitive market share on a worldwide scale. Furthermore, some regional and country-level players are significantly investing in expanding their product variety and increasing sales. For instance, in 2021, Midair Aviation IFSC PVT LTD launched a tech-enabled courier platform designed to serve highly populated areas. The Mod Air is the most significant advancement in the air cargo market, having pioneered the tech-enabled air cargo industry. Additionally, in 2020, Expeditors International partnered with Fleet Logistics, a Portland-based company that has previously entered the digital forwarding market.

Who are the Top 10 Countries in the Logistics Market?

The major countries in the global logistics market are China, India, Japan, the U.S., Canada, Mexico, the U.K., Germany, France, South Africa, and Brazil. India has a higher growth rate in the logistics industry, with a market value of USD 160 billion and over 22 million employees. As a result, the market value is predicted to expand at a healthy CAGR of 10% by 2023. In addition, India has recently focused on development projects and infrastructure creation. In addition, the country is undergoing a digital transformation, which is projected to change the landscape of the Indian logistics business. 

Which is the Key Mode of Transport in the Logistics Market?

The most profitable area is expected to be the waterways segment. Shippers are focused on outsourcing logistics to better their operations and cost-effectiveness, which is one of the major drivers driving the waterway segment’s rise. As a result of the increased working capital and globalization, there is a greater demand for skilled inventory management services, which will contribute to the segment’s growth. Also, the rapid rise of globalization has aided in the establishment of a global network of manufacturing operations, as well as the expansion of waterways. The strong adoption rates of the waterways segment are also favored by the restructuring of brick and mortar business practices. Over the forecast period, such factors are expected to accelerate the expansion of the category of the waterway. 

What are the Major Driving Factors for Logistics Market?

Improvements in delivery performance, lower operational costs, and higher customer satisfaction are all benefits of logistics. As a result, many manufacturers and merchants around the world regard it as a critical element of their business. Furthermore, it aids in the competitiveness of a business in terms of delivery, flexibility, cost, and quality. Furthermore, with a number of multi-national organizations outsourcing their logistics solutions, globalization is another factor driving market expansion. Moreover, logistics enables businesses to separate key portions of a manufacturing process across several nations. This results in a significant reduction in overall production costs. As a result, these factors are projected to propel the global logistics industry forward over the forecast period.

Moreover, the Aerospace retail market encompasses the display and purchase of goods over the internet and the delivery of those goods to the consumer. In the last few years, Aerospace shopping has grown in popularity worldwide. This is due to increased internet connectivity and clients’ growing preference for Aerospace purchasing over traditional shopping. Furthermore, the market is currently supported by the ease of access, convenience associated with object delivery to the home, and benefits such as customization and refinement of results from various objects. As a result, these factors are likely to drive market expansion over the next several years.

What are the Major Restraints for Logistics Market?

Poor infrastructure, a lack of diversification, and lower wages are all major barriers to market growth. Various logistics companies currently have ineffective recruiting and hiring processes, resulting in a shortage of young and skilled workers. The industry’s wage levels are low compared to other industries’. Moreover, although globalization is a driving force, growing economies such as Brazil, India, Argentina, and Canada are seeing increased regulation and protectionism to safeguard local businesses. As a result, native producers demand protection from imports. These manufacturers and other business interests get together to push for regulations that limit imports. Regulatory protectionism, for example, can be seen in several US measures that shield businesses from overseas competition. Furthermore, protectionism stifles trade between two foreign parties and has a negative effect. As a result, these issues are projected to stifle global logistics industry growth in the next years. 

Which Region Dominated the World Logistics Market?

In terms of value, the Asia Pacific region dominated the worldwide logistics market in 2021, accounting for 33% of the market. For instance, the Indian logistics sector is worth $150 billion and accounts for 14.4% of the country’s GDP. The sector is predicted to reach $200 billion by 2020, thanks to the relaxation of FDI requirements, the proposed implementation of GST, increased globalization, the expansion of e-commerce, positive improvements in regulatory regulations, and government programs such as “Sagarmala” and “Make in India.” As a result, India climbed 19 places in the World Bank’s Logistics Performance Ranking 2016 from 54th in 2014 to 35th in 2016. The unorganized sector (such as owners of less than five trucks, affiliated with a broker or a transport company, small warehouse operators, customs brokers, freight forwarders, etc.) accounts for nearly 99 percent of the USD 150 billion logistics cost.

In contrast, the organized sector contributes slightly more than 1%, or approximately USD 1.5 billion. However, the industry is rapidly expanding, and lowering India’s logistics costs from 14% to 9% of GDP (the level in the US) would result in savings of USD 50 billion at the current GDP level, making Indian goods more competitive in the global market. Furthermore, increased expansion in the logistics industry would indicate enhanced service delivery and customer satisfaction, resulting in increased exports of Indian goods and the possibility of job creation.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Due to increased economic operations between the American and European countries, the logistics industry in the United States and Europe is seeing chances for overall expansion. Additionally, the growing use of e-commerce in North America is assisting the logistics industry’s overall growth. Furthermore, the European countries are investing in logistics research and development. Furthermore, the availability of prospective infrastructure and personnel across the continent presents European countries with a profitable opportunity for the logistics industry’s overall growth. The logistics market’s growth is fueled by rising trends in the e-commerce sector and a growing reliance on the e-commerce sector across the region.

Segmentation of Global Logistics Market-

Global Logistics Market – By Mode of Transport

  • Railways
  • Airways
  • Roadways
  • Waterways

 Global Logistics Market – By End Use

  • Healthcare
  • Manufacturing
  • Aerospace
  • Telecommunication
  • Government & Public Utilities
  • Banking & Financial Services
  • Retail
  • Media & Entertainment
  • Technology
  • Trade & Transportation
  • Others

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Logistics Market

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Logistics Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. End-user
3.3.3. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis
5.1. Global Logistics Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply

6. North America
6.1. North America Logistics Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Logistics Market, by Type, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Railways
6.2.3. Airways
6.2.4. Roadways
6.2.5. Waterways
6.2.6. Others
6.3. North America Logistics Market, by End-user, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Healthcare
6.3.3. Manufacturing
6.3.4. Aerospace
6.3.5. Telecommunication
6.3.6. Government & Public Utilities
6.3.7. Banking & Financial Services
6.3.8. Retail
6.3.9. Media & Entertainment
6.3.10. Technology
6.3.11. Trade & Transportation
6.3.12. Others

7. Europe
7.1. Europe Logistics Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Ukraine
7.1.7. Spain
7.1.8. Belgium
7.1.9. Netherland
7.1.10. Austria
7.1.11. Sweden
7.1.12. Poland
7.1.13. Denmark
7.1.14. Switzerland
7.1.15. Rest of Europe
7.2. Europe Logistics Market, by Type, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Railways
7.2.3. Airways
7.2.4. Roadways
7.2.5. Waterways
7.2.6. Others
7.3. Europe Logistics Market, by End-user, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Healthcare
7.3.3. Manufacturing
7.3.4. Aerospace
7.3.5. Telecommunication
7.3.6. Government & Public Utilities
7.3.7. Banking & Financial Services
7.3.8. Retail
7.3.9. Media & Entertainment
7.3.10. Technology
7.3.11. Trade & Transportation
7.3.12. Others

8. Asia Pacific
8.1. Asia Pacific Logistics Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Indonesia
8.1.9. Malaysia
8.1.10. Philippine
8.1.11. Rest of Asia Pacific
8.2. Asia Pacific Logistics Market, by Type, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. Railways
8.2.3. Airways
8.2.4. Roadways
8.2.5. Waterways
8.2.6. Others
8.3. Asia Pacific Logistics Market, by End-user, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Healthcare
8.3.3. Manufacturing
8.3.4. Aerospace
8.3.5. Telecommunication
8.3.6. Government & Public Utilities
8.3.7. Banking & Financial Services
8.3.8. Retail
8.3.9. Media & Entertainment
8.3.10. Technology
8.3.11. Trade & Transportation
8.3.12. Others

9. Latin America
9.1. Latin America Logistics Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Logistics Market, by Type, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. Railways
9.2.3. Airways
9.2.4. Roadways
9.2.5. Waterways
9.2.6. Others
9.3. Latin America Logistics Market, by End-user, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Healthcare
9.3.3. Manufacturing
9.3.4. Aerospace
9.3.5. Telecommunication
9.3.6. Government & Public Utilities
9.3.7. Banking & Financial Services
9.3.8. Retail
9.3.9. Media & Entertainment
9.3.10. Technology
9.3.11. Trade & Transportation
9.3.12. Others

10. Middle East
10.1. Middle East Logistics Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2.
10.1.3. KSA
10.1.4. Israel
10.1.5. Turkey
10.1.6. Iran
10.1.7. Rest of Middle East
10.2. Middle East Logistics Market, by Type, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. Railways
10.2.3. Airways
10.2.4. Roadways
10.2.5. Waterways
10.2.6. Others
10.3. Middle East Logistics Market, by End-user, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Healthcare
10.3.3. Manufacturing
10.3.4. Aerospace
10.3.5. Telecommunication
10.3.6. Government & Public Utilities
10.3.7. Banking & Financial Services
10.3.8. Retail
10.3.9. Media & Entertainment
10.3.10. Technology
10.3.11. Trade & Transportation
10.3.12. Others

11. Africa
11.1. Africa Logistics Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Logistics Market, by Type, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. Railways
11.2.3. Airways
11.2.4. Roadways
11.2.5. Waterways
11.2.6. Others
11.3. Africa Logistics Market, by End-user, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Healthcare
11.3.3. Manufacturing
11.3.4. Aerospace
11.3.5. Telecommunication
11.3.6. Government & Public Utilities
11.3.7. Banking & Financial Services
11.3.8. Retail
11.3.9. Media & Entertainment
11.3.10. Technology
11.3.11. Trade & Transportation
11.3.12. Others

12. Global
12.1. Global Logistics Market, by Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. Railways
12.1.3. Airways
12.1.4. Roadways
12.1.5. Waterways
12.1.6. Others
12.2. Global Logistics Market, by End-user, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Healthcare
12.2.3. Manufacturing
12.2.4. Aerospace
12.2.5. Telecommunication
12.2.6. Government & Public Utilities
12.2.7. Banking & Financial Services
12.2.8. Retail
12.2.9. Media & Entertainment
12.2.10. Technology
12.2.11. Trade & Transportation
12.2.12. Others

13. Company Profiles
13.1. MOLLER – MAERSK
13.2. DB SCHENKER
13.3. UPS
13.4. H. Robinson
13.5. GEODIS
13.6. Kuehne+Nagel
13.7. DHL Group
13.8. DSV
13.9. FEDEX
13.10. Nippon Express
13.11. Others

List of Figures

FIG. 1 Global Logistics Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Logistics Market Segmentation
FIG. 4 Global Logistics Market, by Type, 2019 (US$ Bn)
FIG. 5 Global Logistics Market, by End-user, 2021 (US$ Bn)
FIG. 6 Global Logistics Market, by Geography, 2021 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2021
FIG. 8 Global Market Positioning of Key Logistics Market Manufacturers, 2019
FIG. 9 Global Logistics Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 10 Global Logistics Market, by Railways, Value, 2016-2028 (US$ Bn)
FIG. 11 Global Logistics Market, by Airways, Value, 2016-2028 (US$ Bn)
FIG. 12 Global Logistics Market, by Roadways, Value, 2016-2028 (US$ Bn)
FIG. 13 Global Logistics Market, by Others, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Logistics Market Value Contribution, By End-user, 2021 & 2028 (Value %)
FIG. 15 Global Logistics Market, by Healthcare, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Logistics Market, by Manufacturing, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Logistics Market, by Aerospace, Value, 2016-2028 (US$ Bn)
FIG. 18 Global Logistics Market, by Telecommunication, Value, 2016-2028 (US$ Bn)
FIG. 19 Global Logistics Market, by Government & Public Utilities, Value, 2016-2028 (US$ Bn)
FIG. 20 Global Logistics Market, by Banking & Financial Services, Value, 2016-2028 (US$ Bn)
FIG. 21 Global Logistics Market, by Retail, Value, 2016-2028 (US$ Bn)
FIG. 22 Global Logistics Market, by Media & Entertainment, Value, 2016-2028 (US$ Bn)
FIG. 23 Global Logistics Market, by Technology, Value, 2016-2028 (US$ Bn)
FIG. 24 Global Logistics Market, by Others, Value, 2016-2028 (US$ Bn)
FIG. 25 U.S. Logistics Market, 2016-2028 (US$ Bn)
FIG. 26 Rest of North America Logistics Market, 2016-2028 (US$ Bn)
FIG. 27 U.K. Logistics Market, 2016-2028 (US$ Bn)
FIG. 28 Germany Logistics Market, 2016-2028 (US$ Bn)
FIG. 29 France Logistics Market, 2016-2028 (US$ Bn)
FIG. 30 Italy Logistics Market, 2016-2028 (US$ Bn)
FIG. 31 Spain Logistics Market, 2016-2028 (US$ Bn)
FIG. 32 Russia Logistics Market, 2016-2028 (US$ Bn)
FIG. 33 BENELUX Logistics Market, 2016-2028 (US$ Bn)
FIG. 34 Poland Logistics Market, 2016-2028 (US$ Bn)
FIG. 35 Austria Logistics Market, 2016-2028 (US$ Bn)
FIG. 36 Rest of Europe Logistics Market, 2016-2028 (US$ Bn)
FIG. 37 Japan Logistics Market, 2016-2028 (US$ Bn)
FIG. 38 China Logistics Market, 2016-2028 (US$ Bn)
FIG. 39 India Logistics Market, 2016-2028 (US$ Bn)
FIG. 40 South Korea Logistics Market, 2016-2028 (US$ Bn)
FIG. 41 Australia Logistics Market, 2016-2028 (US$ Bn)
FIG. 42 Southeast Asia Logistics Market, 2016-2028 (US$ Bn)
FIG. 43 Rest of Asia Pacific Logistics Market, 2016-2028 (US$ Bn)
FIG. 44 Middle East & Africa Logistics Market, 2016-2028 (US$ Bn)
FIG. 45 South Africa Logistics Market, 2016-2028 (US$ Bn)
FIG. 46 Nigeria Logistics Market, 2016-2028 (US$ Bn)
FIG. 47 Egypt Logistics Market, 2016-2028 (US$ Bn)
FIG. 48 GCC Logistics Market, 2016-2028 (US$ Bn)
FIG. 49 Israel Logistics Market, 2016-2028 (US$ Bn)
FIG. 50 Latin America Logistics Market, 2016-2028 (US$ Bn)
FIG. 51 Mechanicalzil Logistics Market, 2016-2028 (US$ Bn)
FIG. 52 Argentina Logistics Market, 2016-2028 (US$ Bn)
FIG. 53 Colombia Logistics Market, 2016-2028 (US$ Bn)
FIG. 54 Peru Logistics Market, 2016-2028 (US$ Bn)
FIG. 55 Chile Logistics Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Logistics Market
TABLE 2 Global Logistics Market, by Type, 2016-2028 (US$ Bn)
TABLE 3 Global Logistics Market, by End-user, 2016-2028 (US$ Bn)
TABLE 4 Global Logistics Market, by Geography, 2016-2028 (US$ Bn)
TABLE 5 North America Logistics Market, by Type, 2016-2028 (US$ Bn)
TABLE 6 North America Logistics Market, by End-user, 2016-2028 (US$ Bn)
TABLE 7 North America Logistics Market, by Country, 2016-2028 (US$ Bn)
TABLE 8 Europe Logistics Market, by Type, 2016-2028 (US$ Bn)
TABLE 9 Europe Logistics Market, by End-user, 2016-2028 (US$ Bn)
TABLE 10 Europe Logistics Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 11 Asia Pacific Logistics Market, by Type, 2016-2028 (US$ Bn)
TABLE 12 Asia Pacific Logistics Market, by End-user, 2016-2028 (US$ Bn)
TABLE 13 Asia Pacific Logistics Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 14 Latin America Logistics Market, by Type, 2016-2028 (US$ Bn)
TABLE 15 Latin America Logistics Market, by End-user, 2016-2028 (US$ Bn)
TABLE 16 Latin America Logistics Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 17 Middle East Logistics Market, by Type, 2016-2028 (US$ Bn)
TABLE 18 Middle East Logistics Market, by End-user, 2016-2028 (US$ Bn)
TABLE 19 Middle East Logistics Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 20 Africa Logistics Market, by Type, 2016-2028 (US$ Bn)
TABLE 21 Africa Logistics Market, by End-user, 2016-2028 (US$ Bn)
TABLE 22 Africa Logistics Market, by Country/Region, 2016-2028 (US$ Bn)

Frequently Asked Questions:

How COVID-19 Impact the global logistics market?

The COVID 19 pandemic has thrown various industrial verticals and manufacturing businesses into disarray. As a result, production rates and manufacturing procedures have been curtailed, and numerous plants have been closed. As a result of these circumstances, the demand for logistics services has decreased. In addition, demand for non-essential commodities has decreased, reducing the demand for logistical services.

Which is the leading market for logistics?

In terms of both value and volume, Asia Pacific had the largest share of the worldwide logistics market.

What are the key drivers for the growth of the logistics market?

The logistics business’s total growth is driven by increased demand for consumer goods, pharmaceuticals, beverages, and other products and services. The logistics industry’s overall expansion is being fueled by the industry’s members’ strenuous efforts to provide efficient last-mile deliveries.

Which is the major segment in the Logistics Market by Mode of Transport?

The most profitable area is expected to be the waterways segment.

Which is the major segment in Logistics Market by End Use?

Manufacturing is the most important end-use segment, accounting for the majority of the global market.

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