The distribution logistics global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Distribution Logistics Market, 2024The distribution logistics global market report 2024
Market Size – The distribution logistics market size has grown strongly in recent years. It will grow from $8,883.40 billion in 2023 to $9,504.54 billion in 2024 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to increased expansion of online shopping, increased international trade and global supply chains, a rise in consumer expectations for fast and reliable delivery services, logistics improvements, new regulations and compliance requirements, and investment in logistics infrastructure.
The distribution logistics market size is expected to see strong growth in the next few years. It will grow to $12,512.35 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increased use of robotics and automated systems in warehousing and distribution, the rise of omnichannel retail, an increasing focus on sustainability, the growth of smart cities, the emergence of blockchain technology, and continued growth in global trade and cross-border e-commerce. Major trends in the forecast period include the adoption of robotics, automated sorting systems, and automated guided vehicles (AGVS), AI and machine learning integration, integrated logistics solutions, the development of smart warehouses equipped with IoT sensors and real-time data analytics, an emphasis on green logistics, and innovative last-mile delivery methods.
Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/distribution-logistics-global-market-report
Scope Of Distribution Logistics MarketThe Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Distribution Logistics Market Overview
Market Drivers -The expanding e-commerce sector is expected to accelerate the growth of the distribution logistics market. Global internet access has increased, enabling more online shopping opportunities, and improvements in supply chain solutions are enhancing faster and more reliable shipping. Distribution logistics ensures the efficient delivery of goods from warehouses to customers, improving operational efficiency and satisfaction. In June 2022, Ecommerce Europe reported that the European e-commerce sector grew to approximately USD 869 billion in 2021, a 13% increase from the previous year’s USD 681.90 billion, with further projections estimating a turnover of USD 958 billion and an 11% growth rate in 2022. This growth in e-commerce will drive the distribution logistics market.
Market Trends – Major companies operating in the distribution logistics market are developing AI-powered delivery logistic solutions such as route optimization solutions to enhance efficiency, reduce costs, and improve delivery accuracy. AI-powered route optimization enhances logistics by improving efficiency, reducing costs, and ensuring timely deliveries through real-time data and predictive analytics. For instance, in March 2024, Walmart Commerce Technologies, a US-based technology provider for the retail and logistics industry, launched AI-powered Route Optimization technology as a Software as a Service (SaaS). This solution helps businesses of all sizes enhance their supply chain by optimizing truck routes, packing trailers efficiently, and reducing emissions. The key features are automated multi-stop route planning, efficient trailer packing, on-time deliveries despite weather and traffic, strategic inventory pickup, and actionable insights for improved decision-making.
The distribution logistics market covered in this report is segmented –
1) By Inventory Management: Just-In-Time Inventory, Warehousing, Drop Shipping, Vendor Managed Inventory
2) By Transportation Mode: Road Transport, Rail Transport, Air Freight, Sea Freight
3) By Distribution Channel: Direct To Consumers, Retail Stores, Wholesalers, E-Commerce
Get an inside scoop of the distribution logistics market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=18571&type=smp
Regional Insights – Asia-Pacific was the largest region in the distribution logistics market in 2023. The regions covered in the distribution logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies – Major companies in the market are Deutsche Post AG, UPS SCS Inc., FedEx Corporation, Maersk Logistics and Services UK Ltd., Ceva Holdings LLC, Kühne + Nagel International AG, DSV A/S, DB Schenker, C.H. Robinson Worldwide Inc, Nippon Express Company Ltd., Kerry Logistics Network Limited, XPO Inc., ZTO Express (Cayman) Inc, Landstar System Inc., Yusen Logistics Co. Ltd, Agility Logistics Private Limited, Keppel Logistics Pte Ltd, Singapore Post Limited, GWC Logistic, YCH Group Limited, WHA Corporation, CWT Limited, Gemadept Corporation, CJ Century Logistics Holdings Berhad, Tiong Nam Logistics Holdings Berhad
Table of Contents 1. Executive Summary2. Distribution Logistics Market Report Structure3. Distribution Logistics Market Trends And Strategies4. Distribution Logistics Market – Macro Economic Scenario5. Distribution Logistics Market Size And Growth…..27. Distribution Logistics Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
