Statistics
Logistics Global Trends
The global logistics market size reached a value of US$ 4,963 Billion by 2019. The market growth is estimated to be CAGR of around 5% during the forecast period of 2020-2025. The market is consolidated due to the top 5 companies’ share of 50% in the industry.
The global market is expected to grow further due to an increase in the E-commerce sector and growing infrastructure across the Asia Pacific and other emerging markets.
Huge growth in the eCommerce segment driving competition among logistics companies. Innovation processes in order fulfillment, delivery, and value-added services are redefining the last-mile delivery and connectivity.