Logistics is a business to control, execute, and plan the movement of material, capital, and service. In a general sense, logistics is a part of supply chain management that controls, implements, and plans the effective and efficient flow of goods, information and services between the point of origin and point of consumption.
E-commerce plays very crucial role in offering freight customers new options to support their economic growth. E-commerce is anticipated to persist as the major driver of growth in the transportation industry. According to, FedEx CEO, Henry Maier, owing to E commerce logistics, the shipments and sales went up by more than a 100%. The prolonged growth through e-commerce will be significant for all freight and retail companies.
Rising Internet based retailing is boosting the growth of the logistics market. Exponentially proliferating online shopping across global market is behaving as major driver of the logistic market. Moreover, hassle free shopping and home delivery options are supporting the market currently. Further, short time consignment delivery, after sales support and services are fueling the internet retail market. Knowing the fact, online retailer should provide good logistics services to form and maintain good and satisfactory relationships with the customers. The growth in internet retail market is thus driving the logistics market at present and similar trend is anticipated to be witnessed over the forecast period. Additionally, cross-border sales will prove to be a significant growth driver of overall e-commerce, according to survey participants. This was the view held by both shippers and LSPs.
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On the basis of various transport infrastructure, the market is segmented into road transport, waterways transport, rail transport, and air transport. The waterways transport segment constituted the biggest market share, followed by the air transport infrastructure segment, in 2018.
Global logistic market is segmented into logistics model types, where further categories are first party logistics, second party logistics, third party logistics, and fourth party logistics. Many retailers and manufacturers are recognizing logistics management as an important aspect globally. Moreover, logistics management is making an organization more competitive in terms of quality, cost, flexibility, and delivery. Due to these factors, organizations are now focusing on improving their logistics activities.
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The market overview section of the report demonstrates the market dynamics and trends, such as the drivers, restraints, and opportunities that influence the current nature and future status of this market. An attractiveness analysis has also been provided for every region in the report, in order to give a thorough analysis of the overall competitive scenario of the logistics market, globally. Moreover, the report provides an overview of the various strategies of key players present in the market.
North American market is further categorized into the U.S., Canada, and Rest of North America. Similarly, the Europe market is divided into Germany, the U.K., France, and Rest of Europe. Asia Pacific has been segmented into China, Japan, India, and Rest of Asia Pacific. Middle East &Africa covers the GCC, South Africa, and Rest of Middle East & Africa. Similarly, South America region includes Brazil, and Rest of South America. Furthermore, Porter’s Five Forces analysis explains the factors which are currently affecting the logistics market. The report also provides a value chain analysis which explains the participants of the value chain.
The report also highlights the competitive landscape of the logistics market, thereby positioning all the major players according to their geographic presence and recent key developments. The comprehensive logistics market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the logistics market growth.