Global Logistics Market:Posted by kalpesh rajput on July 15th, 2021 Global Logistics Market is expected to reach US$ XX Bn by 2026 from US$ XX Bn in 2019 at a CAGR of 6.5 % during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region. Logistics is the process of planning, executing, and controlling the efficient & effective flow and storage of goods, services as well as the related information from point of origin to point of consumption to serve the purpose of confirming the customer requirement. It refers to the services or activities required for the management of the physical movement of goods from the source of origin to the source of destination. It involves transaction channels, distribution channels, and communication channels for the faster and efficient provision of logistics services. With the advent of liberalization and globalization of world trade, logistics is becoming more and more important to maintain the efficiency, effectiveness, and value addition in international trading activities. In this highly competitive world trade market, the business entities need to take deep insights into the global trade scenario and also be required to think globally to manage their supply chain network. All this is possible with the adoption and application of logistics at a wider level by these companies. Also, logistics are extremely important to achieve the marketing and overall broader objectives of a firm. Logistical inefficiencies lead to reduced employment opportunities, perpetuate a poverty cycle for rural populations, make roads and highways unsafe, and contribute to pollution. Conversely, enhancing the efficiency of logistics can create high-quality economic growth and employment opportunities, improve safety and public health, and support the successful fulfilment of international commitments towards climate change, which is expected to drive the growth of the Global Logistics Market. Improved logistics bring about important environmental benefits. Improving the efficiency of logistics can rein in the growing demand for trucking services. It looks into opportunities and existing barriers within goods transportation and inventory management as well as their economic, environmental, and social impact. An increasingly competitive environment is another important driving factor for the growth of the Global Logistics Market. Some of the sector’s customers are starting up logistics operations of their own, and new entrants to the industry are finding ways to carve out the more lucrative elements of the value chain. The report groups the Global Logistics Market in different segments by Logistics Type, transportation mode, service type, and region to forecast the revenues and analyze the market share of each segment over the forecast period. Global Logistics Market To know about the Research Methodology :- Request Free Sample Report Based on Transportation mode, the Global Logistics Market is segmented into Roadways, Airways, Waterways, and railways. The Roadways segment was dominant in 2019 and is expected to command a market share of xx% by 2026. Transportation has a significant impact on various sectors of products because it is often shipped at various locations. Transportation consists of moving goods from points of production and sale to points of consumption in the quantities required at times needed and at a reasonable cost. The transportation system increases the time and places utilities to the goods handled and therefore, increases their economic value. To achieve these goals, transportation facilities must be adequate, regular, dependable, and equitable in terms of costs and benefits of the facilities and service provided. Roadway transportation is the cheapest mode of transportation and but can be time-consuming for long distances. Based on end-use, the Global Logistics Market is segmented into Healthcare, Manufacturing, Aerospace, Telecommunication, Government & Public Utilities, Banking & Financial Services, Retail, Media & Entertainment, Technology, Trade & Transportation and others. Based on Transportation mode, the Global Logistics Market is segmented into First Party Logistics, Second Party Logistics, and Third-Party Logistics. The Third-Party Logistics segment was dominant in 2019 and is expected to command a market share of xx% by 2026. As the manufacturers are not able to monitor every operation at the warehouse and transportation adopt a third-party logistics service, which allows to outsource operational logistics from warehousing, delivery and ultimately focus on other parts of the business. Global Logistics Market Regional Insights GLOBAL LOGISTICS MARKET REGIONAL MAP North America is expected to command the largest market share of xx% by 2026 The USA has the largest and one of the most developed logistics markets in the world. Its logistics sector accounts for nearly 8.5% of its GDP. The USA relies heavily on trucking than on rail. Of the total share of transportation (tonnage) handled by roads and rail, trucking accounts for 86% whereas rail accounts for a mere 14%. Warehouses in the USA are very efficient and advanced in comparison to India. They are automated to a large degree and use technology extensively. Tracing the evolution of the sector, the USA has managed to decrease the logistics cost as a per cent of GDP from 16.2% in the 1980s to its current levels of 8.5%. Most of this cost reduction has come about because of efficiency in the warehousing industry. The objective of the report is to present a comprehensive analysis of the Global Logistics Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. Scoop of the Global Logistics Market: Inquire before buying Global Logistics Market • J.B. Hunt Transport This report submitted by Maximize market Research Company Customization of the report: Maximize MarketResearch provides free personalized of reports as per your demand.This reportcan be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. 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