Market Demand : Logistics Market Globally Grow at a CAGR of 6.54% by Revenue During the Period 2017-2021

Logistics involve delivering, controlling, and planning of physical flow of goods, information exchange from the producer to a market as to meet the customer demands and outsourcing services that specializes in handling functions, such as transportation, warehousing, and freight and forwarding. Global logistics is the outsourcing of various elements of logistics and distribution by companies to logistics solution providers. There are various logistics providers catering to different businesses with different services. There are three major logistics model under global logistics, namely, second-party logistics (2PL), third-party logistics (3PL), and fourth-party logistics (4PL).

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Technavios analysts forecast the global logistics market to grow at a CAGR of 6.54% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global logistics market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through the sales of logistics services to various industries that include manufacturing, consumer goods, F&B, automotive, and others.

The market is divided into the following segments based on geography:
APAC
Europe
North America
South America
ROW

Technavio's report, Global Logistics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
DB Schenker
Deutsche Post DHL Group
Kuehne + Nagel
DSV
C.H. Robinson
Rhenus

Other prominent vendors
Agility
Allcargo Logistics
APL Logistics
BDP International
CEVA Logistics
Damco
Expeditors
FedEx Supply Chain
Gati
Hitachi Transport System
Hub Group
Hyundai Glovis
Imperial Logistics
J.B. Hunt
Kerry Logistics
Logwin
Menlo Worldwide Logistics
Mitsubishi Logistics
NFI
Nippon Express
Panalpina
Ryder
Sankyu
Sinotrans
SNCF
UPS
Werner Enterprises
Wincanton

Market driver
Cost reduction through 3PL.
For a full, detailed list, view our report

Market challenge
High cost of operation and competitive pricing.
For a full, detailed list, view our report

Market trend
Growing demand for professional logistics services.
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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