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Logistics Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: May 2022
  • Pages: 155
  • SKU: IRTNTR44356
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The predicted growth for the logistics market share from 2021 to 2026 is USD 71.96 billion at a progressing CAGR of 1.39%.

This logistics market forecast report extensively covers segmentations by:

  • End-user - Consumer goods, automotive, food and beverage, healthcare, and others 
  • Geography - APAC, North America, Europe, Middle East and Africa, and South America

The logistics market report offers information on several market vendors, including AP Moller Maersk AS, C.H. Robinson Worldwide Inc., CMA CGM Group, Deutsche Bahn AG, Deutsche Post DHL Group, DSV Panalpina AS, Emirates Logistics LLC, Expeditors International of Washington Inc., FedEx Corp., Ingram Micro Inc., J.B. Hunt Transport Services Inc., Jenae Logistics LLC, Kenco Group Inc., Kenco Logistics Pvt. Ltd., Kuehne Nagel International AG, Lineage Logistics Holdings LLC, Mac World Logistic LLC, NFI Industries, Nippon Express Holdings Inc., Ryder System Inc., syncreon Global Holdings Ltd., United Parcel Service Inc., and XPO Logistics Inc. among others. Furthermore, our analysts have provided valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches for the coming years.

What will the Logistics Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Logistics Market Size for the Forecast Period and Other Important Statistics

 

Logistics Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increasing cross-border trade is notably driving the logistics market growth, although factors such as high concern regarding the hacking of drones may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the logistics industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Logistics Market Driver

  • The increasing cross-border trade is one of the key drivers supporting the logistics market growth. 
  • Cross-border trade involves the sales and purchase of goods and services across international land borders. It allows enterprises to expand their business in terms of geography and demographics.
  • Increasing cross-border trade is leading to an increase in the number of trade corridors.
  • Trade corridors are integrated transport networks between geographical regions to facilitate trading and promote economic development.
  • Logistics services will be used to transport products such as fruits, vegetables, and others of desired quality. Thus, with the increase in cross-border trade, the demand for logistics will also increase, which will drive the growth of the logistics market during the forecast period. 

Key Logistics Market Trend

  • The use of blockchain with logistics is one of the key logistics market trends fueling the market growth.
  • Blockchain technology is a digital ledger that is connected by a list of blocks that store data on a cryptographically secured and decentralized distributed network.
  • In the logistics industry, blockchain technology increases the visibility of operations and offers the ability to track products effectively across the logistics process.
  • Blockchain improves security as each transaction is recorded and validated by an independent third party.
  • Due to the numerous benefits of blockchain technology, vendors offering logistics services are partnering with blockchain technology providers to develop platforms that will further increase security and transparency in the logistics industry. Such developments will drive the growth of the global logistics market during the forecast period. 

Key Logistics Market Challenge

  • High concern regarding the hacking of drones is one of the factors hindering the logistics market growth.
  • Drones can be wirelessly hijacked, stolen, or manipulated by hackers to gain unauthorized access to the highly sensitive data or information carried by the drone.
  • For instance, communication or GPS signals that guide or control delivery drones can be jammed by the denial-of-service attack from hackers to alter the right navigation route.
  • Drones by e-retailers can also be intercepted before they reach their destination point.
  • Thus, increased end-users concern regarding delivery drones, which can be hacked to alter the delivery of products, is affecting the demand for drone delivery. This poses a significant challenge to vendors operating in the global drone logistics and transportation market. 

This logistics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global logistics as a part of the global air freight and logistics market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the logistics market during the forecast period.

Who are the Major Logistics Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AP Moller Maersk AS
  • C.H. Robinson Worldwide Inc.
  • CMA CGM Group
  • Deutsche Bahn AG
  • Deutsche Post DHL Group
  • DSV Panalpina AS
  • Emirates Logistics LLC
  • Expeditors International of Washington Inc.
  • FedEx Corp.
  • Ingram Micro Inc.
  • J.B. Hunt Transport Services Inc.
  • Jenae Logistics LLC
  • Kenco Group Inc.
  • Kenco Logistics Pvt. Ltd.
  • Kuehne Nagel International AG
  • Lineage Logistics Holdings LLC
  • Mac World Logistic LLC
  • NFI Industries
  • Nippon Express Holdings Inc.
  • Ryder System Inc.
  • syncreon Global Holdings Ltd.
  • United Parcel Service Inc.
  • XPO Logistics Inc.

 

This statistical study of the logistics market encompasses successful business strategies deployed by the key vendors. The logistics market is fragmented and the vendors are deploying growth strategies such as launching new products with advanced technologies to compete in the market.

Product Insights and News

  • C.H. Robinson Worldwide Inc. - The global forwarding segment provides global logistics services through an international network of offices in North America, Asia, Europe, Oceania, and South America and also contracts with independent agents worldwide. The primary services provided by Global Forwarding include ocean freight services, air freight services, and customs brokerage. 
  • C.H. Robinson Worldwide Inc. - The company offers logistics services such as Truckload, Less Than Truckload (LTL), Intermodal, Ocean, Air, Customs Brokerage, Sourcing and Managed Services. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The logistics market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Logistics Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the logistics market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Logistics Market?

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60% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for the logistics market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The presence of a large consumer base for both food and beverage and healthcare product suppliers will facilitate the logistics market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The logistics market in the region was negatively impacted by the COVID-19 outbreak in the region in 2020. However, with the gradual recovery of economies from the COVID-19 crisis due to the resumption of activities and the adoption of e-commerce models by various end-user industries, including the automotive industry, the regional logistics market is expected to rebound during the forecast period.

What are the Revenue-generating End-user Segments in the Logistics Market?

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The logistics market share growth by the consumer goods segment will be significant during the forecast period. The major share of the household appliances segment accounts for refrigerators and air conditioners, followed by washing machines and other appliances. The rising global temperatures, mostly during summers, are propelling the need for refrigerators and air conditioners among households. Such changing consumer preferences will require enterprises to use logistics services to deliver products to retail stores as well as other customers. Hence, the growth of the consumer electronics segment of the consumer goods industry will drive the global logistics market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the logistics market size and actionable market insights on post COVID-19 impact on each segment.

 

Logistics Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 1.39%

Market growth 2022-2026

$ 71.96 billion

Market structure

Fragmented

YoY growth (%)

0.97

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 60%

Key consumer countries

US, Canada, China, Japan, India, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AP Moller Maersk AS, C.H. Robinson Worldwide Inc., CMA CGM Group, Deutsche Bahn AG, Deutsche Post DHL Group, DSV Panalpina AS, Emirates Logistics LLC, Expeditors International of Washington Inc., FedEx Corp., Ingram Micro Inc., J.B. Hunt Transport Services Inc., Jenae Logistics LLC, Kenco Group Inc., Kenco Logistics Pvt. Ltd., Kuehne Nagel International AG, Lineage Logistics Holdings LLC, Mac World Logistic LLC, NFI Industries, Nippon Express Holdings Inc., Ryder System Inc., syncreon Global Holdings Ltd., United Parcel Service Inc., and XPO Logistics Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Logistics Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive logistics market growth during the next five years
  • Precise estimation of the logistics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the logistics industry across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of logistics market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 Consumer goods - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Consumer goods - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 29: Data Table on Consumer goods - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Chart on Consumer goods - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Consumer goods - Year-over-year growth 2021-2026 (%)
    • 5.4 Automotive - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Automotive - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 33: Data Table on Automotive - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Chart on Automotive - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Automotive - Year-over-year growth 2021-2026 (%)
    • 5.5 Food and beverage - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Food and beverage - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 37: Data Table on Food and beverage - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 38: Chart on Food and beverage - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Food and beverage - Year-over-year growth 2021-2026 (%)
    • 5.6 Healthcare - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Healthcare - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 41: Data Table on Healthcare - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 42: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)
    • 5.7 Others - Market size and forecast 2021-2026
      • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.8 Market opportunity by End-user
      • Exhibit 48: Market opportunity by End-user ($ billion)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 52: Chart on Geographic comparison
      • Exhibit 53: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 70: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 71: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 72: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Japan - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 Canada - Market size and forecast 2021-2026
      • Exhibit 90: Chart on Canada - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 91: Data Table on Canada - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 92: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 93: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.13 India - Market size and forecast 2021-2026
      • Exhibit 94: Chart on India - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 95: Data Table on India - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 96: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 97: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.14 Market opportunity by geography
      • Exhibit 98: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 99: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 100: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 101: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 102: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 103: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 104: Matrix on vendor position and classification
            • 10.3 C.H. Robinson Worldwide Inc.
              • Exhibit 105: C.H. Robinson Worldwide Inc. - Overview
              • Exhibit 106: C.H. Robinson Worldwide Inc. - Business segments
              • Exhibit 107: C.H. Robinson Worldwide Inc. - Key news
              • Exhibit 108: C.H. Robinson Worldwide Inc. - Key offerings
              • Exhibit 109: C.H. Robinson Worldwide Inc. - Segment focus
            • 10.4 Deutsche Bahn AG
              • Exhibit 110: Deutsche Bahn AG - Overview
              • Exhibit 111: Deutsche Bahn AG - Business segments
              • Exhibit 112: Deutsche Bahn AG - Key offerings
              • Exhibit 113: Deutsche Bahn AG - Segment focus
            • 10.5 DSV Panalpina AS
              • Exhibit 114: DSV Panalpina AS - Overview
              • Exhibit 115: DSV Panalpina AS - Business segments
              • Exhibit 116: DSV Panalpina AS - Key offerings
              • Exhibit 117: DSV Panalpina AS - Segment focus
            • 10.6 FedEx Corp.
              • Exhibit 118: FedEx Corp. - Overview
              • Exhibit 119: FedEx Corp. - Business segments
              • Exhibit 120: FedEx Corp. - Key offerings
              • Exhibit 121: FedEx Corp. - Segment focus
            • 10.7 J.B. Hunt Transport Services Inc.
              • Exhibit 122: J.B. Hunt Transport Services Inc. - Overview
              • Exhibit 123: J.B. Hunt Transport Services Inc. - Business segments
              • Exhibit 124: J.B. Hunt Transport Services Inc. - Key offerings
              • Exhibit 125: J.B. Hunt Transport Services Inc. - Segment focus
            • 10.8 Kenco Group Inc.
              • Exhibit 126: Kenco Group Inc. - Overview
              • Exhibit 127: Kenco Group Inc. - Product / Service
              • Exhibit 128: Kenco Group Inc. - Key offerings
            • 10.9 Kenco Logistics Pvt. Ltd.
              • Exhibit 129: Kenco Logistics Pvt. Ltd. - Overview
              • Exhibit 130: Kenco Logistics Pvt. Ltd. - Product / Service
              • Exhibit 131: Kenco Logistics Pvt. Ltd. - Key offerings
            • 10.10 Kuehne Nagel International AG
              • Exhibit 132: Kuehne Nagel International AG - Overview
              • Exhibit 133: Kuehne Nagel International AG - Business segments
              • Exhibit 134: Kuehne Nagel International AG - Key offerings
              • Exhibit 135: Kuehne Nagel International AG - Segment focus
            • 10.11 United Parcel Service Inc.
              • Exhibit 136: United Parcel Service Inc. - Overview
              • Exhibit 137: United Parcel Service Inc. - Business segments
              • Exhibit 138: United Parcel Service Inc. - Key offerings
              • Exhibit 139: United Parcel Service Inc. - Segment focus
            • 10.12 XPO Logistics Inc.
              • Exhibit 140: XPO Logistics Inc. - Overview
              • Exhibit 141: XPO Logistics Inc. - Business segments
              • Exhibit 142: XPO Logistics Inc. - Key offerings
              • Exhibit 143: XPO Logistics Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 144: Inclusions checklist
                • Exhibit 145: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 146: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 147: Research methodology
                • Exhibit 148: Validation techniques employed for market sizing
                • Exhibit 149: Information sources
              • 11.5 List of abbreviations
                • Exhibit 150: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              The logistics market growth will increase by $71.96 billion during 2022-2026.
              The logistics market is expected to grow at a CAGR of 1.39% during 2022-2026.
              Technavio has segmented the logistics market by end-user (Consumer goods, Automotive, Food and beverage, Healthcare, and Others) and geographic (APAC, North America, Europe, Middle East and Africa, South America, APAC, North America, Europe, MEA, and South America).
              AP Moller Maersk AS, C.H. Robinson Worldwide Inc., CMA CGM Group, Deutsche Bahn AG, Deutsche Post DHL Group, DSV Panalpina AS, Emirates Logistics LLC, Expeditors International of Washington Inc., FedEx Corp., Ingram Micro Inc., J.B. Hunt Transport Services Inc., Jenae Logistics LLC, Kenco Group Inc., Kenco Logistics Pvt. Ltd., Kuehne Nagel International AG, Lineage Logistics Holdings LLC, Mac World Logistic LLC, NFI Industries, Nippon Express Holdings Inc., Ryder System Inc., syncreon Global Holdings Ltd., United Parcel Service Inc., XPO Logistics Inc. are a few of the key vendors in the logistics market.
              APAC will register the highest growth rate of 60.09% among the other regions. Therefore, the logistics market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • Canada
              • China
              • Japan
              • India
              • Germany
              The key factors driving the logistics market growth are:
              • Increasing cross-border trade
              • Use of blockchain with logistics
              The logistics market vendors should focus on grabbing business opportunities from the consumer goods segment as it accounted for the largest market share in the base year.
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