Uploaded on Nov 21, 2022
The Freight and Logistics Market deals with the transportation of goods from one manufacturer to the customers
EINPresswire-599510136-freight-and-logistics-market-driven-by-rapid-growth-in-e-commerce-and-favorable-trade-agreements
Freight and Logistics Market Driven by Rapid
Growth in E-Commerce and Favorable Trade
Agreements
Freight and Logistics Market to See Major
Boost in coming years | Freight and
Logistics Market Size, Share, Growth,
Trends and Revenue
PUNE, MAHARASHTRA, INDIA,
November 4, 2022 /EINPresswire.com/
-- According to the “Freight and
Logistics Market” report published by
Maximize market Research, the market
is expected to grow from USD 14.85
billion in 2021 to USD 22.79 billion in
2029, at a CAGR of 5.5 percent for the
forecast period from 2022 to 2029.
Freight and Logistics Market
Freight and Logistics Market Report
Scope and Research Methodology:
The research is comprehensive analysis of all key players in the Freight and Logistics Industry by
countries, region and at global level. Bottom-up approach has helped research analyst to analyse
the micro level factors affecting the growth and size of the Freight and Logistics Market. Freight
and Logistics Market is highly organized and monopolistic in nature in developed economies at
the same time some key freight and logistic companies are consolidating their positions in
developing economies with the aggressive market entry strategies and through M&A.
The report has covered all the key global Freight and Logistics player’s profiles in strategic
perspective and also given the competitive landscape of local players by region, which will help
users of the report to understand the dynamics of market and industry to formulate the growth
strategies.
Total market by segments and opportunities for growth are key findings of report that will help
companies to utilize their resources and focus on the growth prospects.
The Freight and Logistics market is segmented by Shipping type, Service, End-use industry and
Region, with a focus on major firms such as market leaders, followers, and new entrants. The
report is an investor & guide since it provides a
comprehensive picture of the competitive landscape of
leading players in the Freight and Logistics Market by
Asia-Pacific region held the
goods and services, revenue, financial status, portfolio,
largest market share for the
growth strategies, and geographical presence.
year 2021 and is expected to
continue this growth streak
Secondary research is used to identify key companies in
for the forecast period.
the Freight and Logistics Market, while primary and
China and India are
secondary research is used to determine their market
expected to drive the
revenues. Interviews with key opinion leaders and industry
regional market.”
specialists such as competent front- line staff,
MMR
entrepreneurs, and marketing professionals were
conducted as part of primary research, while a review of annual and financial reports of
prominent manufacturers was conducted as part of secondary research. C.H. Robinson, United
Parcel Service, Nippon Express and Deutsche Post DHL are some of the major players in the
global Freight and Logistics Market, and the report not only represents global companies but
also includes the market holdings of local players in each country. The market structure
illustrated in each country, with market holdings by market leaders, followers, and local
companies, provides a full insight into the research. The report covers the market & mergers and
acquisitions, strategic alliances, joint ventures, and partnerships by region, investment, and
strategic intent.
Interested in knowing more relevant information? Click here:
https://www.maximizemarketresearch.com/request-sample/65801
Freight and Logistics Market Overview
The Freight and Logistics Market deals with the transportation of goods from one manufacturer
to the customers. The aim is to reduce shipping costs and ensure the safe and fast delivery of
goods. This delivery is carried out via several modes such as railways, roadways, airways and
seaways. The main focus is effective and efficient logistics management systems for faster
delivery of goods ensuring an unhindered flow of the supply chain. Freight and logistics involve
several steps such as finding transport companies, scheduling shipments, optimizing the best
mode of transport, tracking the shipments and managing receipts and payments of the
shipments. Freight and logistics play a pivotal role in influencing production, engineering,
inventory management, marketing, transport, consumption, finance and warehousing.
Freight and Logistics Market Dynamics
The growth in the e-commerce market is a key driver of the Freight and Logistics Market. Post-
pandemic certain preferences pertaining to consumer demand stuck with us. One among them
is the growth of the e-commerce industry and its continual growth with increasing consumer
demand. The freight and Logistics Market is the backbone of the e-commerce industry as they
rely heavily on them for the transportation of goods. This makes the e-commerce industry a
major driver of the Freight and Logistics Market growth. Many industries such as
pharmaceuticals and food and beverage are adopting home delivery services. This trend is
expected to be a significant driver for the Freight and Logistics Market growth.
Trade agreements among countries are improving the global market scenario with increased
trade. These trade agreements provide several concessions and reductions in tariffs making
trade fruitful. An increase in global trade fuels the Freight and Logistics Market as it provides
effective and efficient logistics for several businesses. Advancements and the introduction of
automation in delivery, warehouse management and logistics are also expected to drive the
Freight and Logistics Market growth.
However, a hurdle in the growth of the Freight and Logistics Market is the fear of product
damage in the warehouse or storage places where the goods are stored before shipment.
Manufacturers fear the degradation in the quality of the product during transit as there are no
real-time monitoring services provided for this purpose. Over the years, this looming fear is
expected to act as a major restraint for the Freight and Logistics Market growth.
For any Queries Linked with the Report, Ask an Analyst@
https://www.maximizemarketresearch.com/inquiry-before-buying/65801
Freight and Logistics Market Regional Insights
Asia-Pacific region held the largest market share for the year 2021 and is expected to continue
this growth streak for the forecast period. China and India are expected to drive the regional
market. These developing economies have seen growth due to the rapid development of the e-
commerce, food and beverage and pharmaceutical industries. This region is also expected to
witness growth due to the rapid incorporation of technological advancements in the Freight and
Logistics Market. Major players in the Freight and Logistics Market are headquartered in
countries of this region. Modernisation of the Freight and Logistics systems with the blockchain
system in countries like Thailand is expected to fuel the Freight and Logistics Market growth.
Government policies and regulations for Freight and Logistics are also fuelling the regional
market. For the forecast period, North America is expected to witness growth in the Freight and
Logistics Market.
Freight and Logistics Market Segmentation
By shipping time:
Airways
Railways
Roadways
Waterways
By service:
Inventory management
Packaging
Warehousing
Transportation
Distribution
Custom clearance
Others
By end-use industry:
Trade and Transportation
Healthcare
Manufacturing & Construction
Retail
Media and Entertainment
Banking and Financial Services
IT & telecommunication
Others
Freight and Logistics Market Key Competitors:
C.H. Robinson (U.S.)
United Parcel Service (U.S.)
FedEx Corp. (U.S.)
Walmart Group (U.S.)
UPS (U.S.)
XPO Logistics (U.S.)
J.B. Hunt Transport Services (U.S.)
Ryder Supply Chain Solutions (U.S.)
Expeditors (U.S.)
Penske Logistics (U.S.)
Lineage Logistics (U.S.)
Geodis (U.S.)
Worldwide, Inc. (U.S.)
Nippon Express (Japan)
Dsv Global Transports and Logistics (Denmark)
Kuehne+ Nagel (Germany)
The Maersk Group (Denmark)
Deutsche Post DHL (Germany)
DB Schenker Logistics (Germany)
Panalpina (Switzerland)
Ceva Logistics (France)
A.P. Moller–Maersk (Denmark)
Key questions answered in the Freight and Logistics Market are:
What is Freight and Logistics Market?
What is the growth rate of Freight and Logistics Market for the next five years?
What is the nature of competition in Freight and Logistics industry in developed economies and
developing economies?
Who are the key players in the Freight and Logistics Market?
Who are the market leaders in Freight and Logistics in Europe
Who are the market leaders in Freight and Logistics in USA and Canada
Who are the market leaders in Freight and Logistics in India, China, Japan and South Korea?
What are the factors affecting growth in the Freight and Logistics Market?
Who held the largest market share in Freight and Logistics Market?
What are the factors for the growth of Asia-Pacific region in Freight and Logistics Market?
Key Offerings:
Market Share, Size & Forecast by Revenue | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use
and Region and Region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Directly Purchase a copy of the Freight and Logistics Market report:
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with
professionals from several industries. Some of the industries we cover include medical devices,
pharmaceutical manufacturers, science and engineering, electronic components, industrial
equipment, technology and communication, cars and automobiles, chemical products and
substances, general merchandise, beverages, personal care, and automated systems. To
mention a few, we provide market-verified industry estimations, technical trend analysis, crucial
market research, strategic advice, competition analysis, production and demand analysis, and
client impact studies.
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Maximize Market research
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