The Logistics Service Market revenue accounted for US$ 1,122.58 Billion in 2018 and is expected to grow at a CAGR of 6.9% during the forecast period 2019 - 2027, to account to US$ 2,029.38 Billion by 2027.
Globally, the market continue to witness a surge in demand for logistics services owing to rise in trade activities especially from emerging economies.
As per the LPI (Logistics Performance Index) published by the World Bank, Europe's score was 3.68, which was the relatively highest score in 2018. Europe's leadership as the LPI score is majorly attributed to its robust infrastructure, custom services, logistics competence, timeliness and tracking and tracing abilities. The timeliness factor has been derived as a vital contributor to Europe's position in the global LPI, which was 4.04. Furthermore, snowballing interest of the manufacturing, automotive, retail, and other industries in outsourcing of the logistics services has also fueled the growth of the Logistics Service Market in Europe. Besides, persistent propulsion in industrialization 4.0 is also expected to contribute to the growth of the logistics service market, as the production index of the region enhances and the demand for timely and complicated delivery would also increase. Warehousing, inventory management, and transportation are some of the popular logistics services that are highly outsourced in the European region. However, the key challenge faced by the logistics service providers in the region is to gain profits despite the surging price pressure from the end-consumers.
Some of the key players in this market include CEVA Logistics, PANALPINA WORLD TRANSPORT (HOLDING) LTD., United Parcel Service (UPS), C.H. Robinson Worldwide, A.P. MOLLER - MAERSK, Nippon Express, FedEx, DB Schenker, DHL International GmbH, KUEHNE + NAGEL
Download Sample PDF Brochure of this research study at @ https://www.theinsightpartners.com/sample/TIPTE100001284/
This is a professional and in-depth study on the current state of the Logistics Service Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Logistics Service Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.
The segmentation in this research study has been finalized post in-depth secondary research and extensive primary research. In addition, the market is also segmented on the basis of technology offered by the leading participants in the industry in order to understand widely used market specific terminologies. Thus, we have incorporated the segments of the research and have finalized the market segmentation.
The Insight Partners Logistics Service Market Research Report Scenario include:- *The report provides qualitative and quantitative trends of global Logistics Service Market across type, type of products, service, and geography. *The report starts with the key takeaways (Chapter Two), highlighting the key trends and outlook of the global Logistics Service Market. *Chapter Three provides the research methodology of the study. *Chapter Four further provides PEST analysis for each region. *Chapter Five highlights the key industry dynamics in the Logistics Service Market, including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section. *Chapter Six discusses the global Logistics Service Market scenario, in terms of historical market revenues, and forecast till the year 2027. *Chapter Seven to ten discuss Logistics Service Market segments by type, type of application, service, and geography across North America, Europe, Asia-Pacific, Middle East and Africa, South and Central America. They cover market revenue forecast, and factors driving and governing growth. *Chapter Eleven describes the industry landscape analysis. It provides detailed description of various business activities such as market initiatives, new developments, mergers and joint ventures globally along with a competitive landscape. *Chapter Twelve provides the detailed profiles of the key companies operating in the global Logistics Service Market. The companies have been profiled on the basis of their key facts, business description, products and services, financial overview, SWOT analysis, and key developments. *Chapter Thirteen, i.e. the appendix is inclusive of a brief overview of the company, glossary of terms, contact information, and the disclaimer section.
Order a copy of this research study at - https://www.theinsightpartners.com/buy/TIPTE100001284/
The report also covers a detailed chapter of the analysis on COVID-19 impact on this market at global and regional level in our final reports.
This research provides detailed information regarding the major factors influencing the growth of the Logistics Service Market in Global and Regional Level (drivers, restraints, opportunities, and challenges), forecast of the market size, in terms of value, market share by region and segment; regional market positions; segment and country opportunities for growth; New product developments, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats from current competition and prospects; Key company profiles, SWOT, product portfolio and growth strategies.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
Company Name: The Insight Partners
Contact Person: Sameer Joshi