The Global Logistics and Warehousing market is segmented by End-User into Food and Beverages, Retail, Manufacturing, Automotive, Oil and Gas and Others includes Healthcare, Telecommunication and many more.
The largest end users of warehousing services include FMCG and Commodities (such as Steel, cement, etc.) industry which provides maximum revenue. These are followed by Agriculture, Electronic, Automotive, Pharmaceutical, etc. sectors. The pharmaceutical companies generally prefer their own warehouses due to the extra precautions measures needed.
Competition Scenario in Global Logistics And Warehousing Market
The Global Logistics and Warehousing Market are highly competitive with ~500 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in Logistics and Warehousing. Large global players constitute ~20% of competitors, while regional players represent the second largest number of competitors. Some of the major players in the market include Deutsche Post DHL Global, XPO Logistics, Ryder System Inc, NFI Industries Inc, Americold Logistics, FedEx Corporation, Lineage Logistics, NF Global Logistics Ltd, APM Terminals, DSV Panalpina AS, MSC Mediterranean Shipping Co. SA
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What is the Expected Future Outlook for the Overall Global LOGISTICS AND WAREHOUSING Market Across the globe?
The Global Logistics and Warehousing market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.
The Global Logistics and Warehousing market is driven by in Road Freight Services, Improving Infrastructure and Rising Digital Innovations
Increasing infrastructural development, increasing foreign investments and booming e-commerce. The logistics industry is likely to witness entry of new players and new mergers and acquisition between the players. The growing demand of perishable products in the country will consequently augment the requirement for fast delivery impacting cold chain markets of UAE. In addition to this, increasing investments in the manufacturing sector aiming to promote economic diversification will pave a path of growth trajectory for logistics and warehousing market globally.
E-Commerce companies are heavily investing and building their warehouses in order to reduce a lead time of delivery. For instance, Amazon is building two more mega warehouses of 4.1 million-square-foot and 3.8 million-square-foot in Ontario, California, U.S. and in Loveland, Colorado, U.S. respectively. Moreover, in June 2022, company announced that, the company will invest $300 million to build 3.1 million-square-foot distribution center in Niagara, New York, U.S. Such development in the e-commerce industry has become a critical component to enhanced retail customer services and thereby drives the market for of warehousing and distribution logistics across the e-commerce industry during the forecast period.
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Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- E-commerce Companies
- Third-Party Logistic Providers
- Potential Market Entrants
- Freight Forwarding Companies
- Warehousing Companies
- Cold Storage Companies
- Industry Associations
- Consulting Agencies
- Government Bodies & Regulating Authorities
Time Period Captured in the Report - Historical Period: 2017-2022
- Base Period: 2022
- Forecast Period: 2022-2027
Companies
Major Players Mentioned in the Report
- Deutsche Post DHL Global
- XPO Logistics
- Ryder System Inc
- NFI Industries Incb
- Americold Logistics
- FedEx Corporation
- Lineage Logistics
- NF Global Logistics Ltd
- APM Terminals
- DSV Panalpina AS
- Kane Is Able
- MSC Mediterranean Shipping Co. SA
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