Logistics & Supply Chain Market Expected to Reach USD 14.7 Billion by 2032 | Growing at a CAGR of 6.20%

Market Research Future (MRFR) has published a cooked research report on the "Global Logistics & Supply Chain Market" that contains information from 2018 to 2032. The Logistics & Supply Chain Market is estimated to register a CAGR of 6.20% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Logistics & Supply Chain Market— DB Schenker, FedEx Corporation, Nippon Express Co. Ltd., AP Moller Maersk, Deutsche Post AG, Geodis, United Parcel Service of America Inc., CH Robinson Worldwide Inc., BDP International.

Logistics Supply Chain Market Highlights

The global Logistics & Supply Chain Market is accounted to register a CAGR of 6.20% during the forecast period. It is estimated to reach USD 14.77 billion by 2032.

The rising expansion of the e-commerce industry due to the online purchasing and selling of commodities and rising digitization and automation drives the market growth. The strict rules and regulations and less government involvement restrain the logistics market. Additionally, the overview of warehouse management systems (WMS) unlocks new trade opportunities, which are anticipated to promote the growth of the global Logistics & Supply Chain Market.

Segment Analysis

The Global Logistics & Supply Chain Market has been segmented based on transportation mode, application, and end user.

On the basis of transportation mode, the market is segmented into railways, roadways, airways, and waterways. The roadways segment was attributed to holding the largest market share in 2022 due to its huge carrying capabilities.

Based on application, the global Logistics & Supply Chain Market has been segmented into transportation, warehousing, sourcing & procurement, and others. The warehousing segment was expected to hold the largest market share in 2022 due to its ability to reduce distribution costs.

Based on end-user, the global logistics & supply chain industry has been segmented into industry & manufacturing, retail, healthcare, aerospace, BFSI, government & public utilities, media & entertainment, food & beverages, and others. The industrial & manufacturing category was expected to hold the largest market share in 2022 due to their efficiency in raising customer satisfaction.

Regional Analysis

The global Logistics & Supply Chain Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Logistics & Supply Chain Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Logistics & Supply Chain Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Logistics & Supply Chain Market comprises the Middle East, Africa, and Latin America.

The largest market share for Logistics & Supply Chain Industry was maintained by the North American regional sector. This increase is attributed to a well-developed rail and road connectivity infrastructure. Additional market growth factors include increased investor investments, government support, and the technology's viability. The supply chain, which connects producers and consumers via different modes of transportation, such as air and express delivery, all impact the US market.

Moreover, the European market has been persistently growing over the forecast period. Rising e-commerce trends drive the demand for the Logistics & Supply Chain Industry. The market expansion is supported by labor availability and possible infrastructure.

Additionally, due to the increasing emphasis placed on trans-regional trade activities and relocation of industrial production, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The Asia Pacific market will benefit from a growing emphasis on technological advancements.

Furthermore, the rest of the world's Logistics & Supply Chain Market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising e-commerce trade, digitization, and automation. Government support, a rise in investor interest, and the viability of the technology in the sector contribute to market expansion.Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Logistics & Supply Chain Market

Key Findings of the Study

• The global Logistics & Supply Chain Market is expected to reach USD 14.77 billion by 2032, at a CAGR of 6.20% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the increasing emphasis on trans-regional trade activities.


• Based on application, the warehousing segment was attributed to holding the largest market in 2022, with an approximate market share of X–X%.


• DB Schenker, FedEx Corporation, Nippon Express Co. Ltd., AP Moller Maersk, Deutsche Post AG, Geodis, United Parcel Service of America Inc., CH Robinson Worldwide Inc., JB Hunt Transport Services Inc., BDP International.