In 2023, the global logistics industry continued to recover from the COVID-19 pandemic hit with a market size of approximately **** trillion U.S dollars. By 2028, the logistics industry scale is projected to exceed ***** trillion U.S dollars.

The Freight And Logistics Market report segments the industry into End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, and more), Logistics Function (Courier, Express, and Parcel (CEP), Freight Forwarding, and more), and Region (Africa, Asia Pacific, and more). The report covers market value and volume analysis and more.

The global logistics market size was valued at USD 11.26 Trillion in 2024. The industry is expected to grow at a CAGR of 6.30% during the forecast period of 2025-2034 to reach a valuation of USD 20.74 Trillion by 2034.

The global logistics market is a backbone of international trade and commerce, facilitating the movement of goods across countries and continents. Its significance lies in enabling supply chain efficiency, reducing delivery times, and lowering operational costs for businesses. As per the data by World Trade Organization (WTO), global merchandise trade volume grew 2.6% in 2024 and is expected to grow 3.3% in 2025. With globalisation and e-commerce growth, logistics has become essential for meeting consumer expectations of fast, reliable, and cost-effective delivery. This sector supports multiple industries, from manufacturing to retail, and directly influences economic development and competitiveness worldwide.

Additionally, investments in roads, railways, aviation, shipping, and inland waterways play a crucial role in boosting the demand of logistics market. In May 2025, in Africa, Ivory Coast's port operator is investing over €60 million to develop inland logistics hubs in regions like Ferkessedougou, Bouaké, and San Pedro. This initiative seeks to decentralize logistics operations, alleviate congestion at the Abidjan port, and strengthen the country's role as a regional transport hub for landlocked nations.

Governments all throughout the world are starting to impose emission limits, carbon taxes, and incentives for the adoption of environmentally friendly technologies. The Carbon Border Adjustment Mechanism (CBAM), which levies a carbon tax on imported commodities based on their carbon intensity, was put into place by the European Union in 2023. Other factors that are predicted to positively influence the logistics market revenue include constant technological advancements, the integration of biometrics, increasing international trade agreements, Bluetooth, driverless vehicle, GPS, and drone delivery.

The North America Freight And Logistics Market report segments the industry into End User Industry (Agriculture, Fishing, And Forestry, Construction, Manufacturing, Oil And Gas, Mining And Quarrying, Wholesale And Retail Trade, and more), Logistics Function (Courier, Express, And Parcel (CEP), Freight Forwarding, Freight Transport, Warehousing And Storage, and more), and Country. The report includes market value in USD, and more.

According to Cognitive Market Research, the global Shipping and Logistics Market size will be USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 11.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD XX million.
Asia Pacific held a market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.0% from 2024 to 2031.
Latin America's market has more than 5% of the global revenue with a market size of USD XX million in 2024, and it will grow at a compound annual growth rate (CAGR) of 10.4% from 2024 to 2031.
The Middle East and Africa held the major markets, accounting for around 2% of the global revenue. The market was USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.7% from 2024 to 2031.
The Airways held the highest Shipping and Logistics Market revenue share in 2024.

Market Dynamics of Shipping and Logistics Market

Key Drivers of Shipping and Logistics Market

Sustainability Imperative with Growing Environmental Concerns to Boost Market Growth

In the shipping and logistics market, the sustainability imperative emerges as a prominent driver due to growing environmental concerns worldwide. With heightened awareness of climate change, pollution, and carbon emissions, stakeholders in the industry are increasingly pressured to adopt sustainable practices. This imperative extends beyond mere compliance with regulations, as companies recognize the long-term benefits of reducing their environmental footprint. Sustainability initiatives encompass various aspects of operations, including fuel efficiency improvements, adoption of alternative fuels, optimization of transportation routes to minimize emissions, and investment in eco-friendly technologies such as electric vehicles and renewable energy sources. Moreover, sustainability efforts enhance corporate reputation, attract environmentally conscious customers, and mitigate regulatory risks. In response to the imperative of sustainability, shipping and logistics companies are integrating environmental considerations into their business strategies, fostering innovation and collaboration with stakeholders, and driving the transition towards a more environmentally sustainable industry. Embracing sustainability not only aligns with societal expectations but also positions organizations for long-term viability in a rapidly evolving global market.

Technological Advancements in Supply Chain Management to Boost Market Growth

Technological advancements in supply chain management are driving transformative changes within the shipping and logistics market. These innovations encompass a wide array of digital tools and solutions, including blockchain, Internet of Things (IoT) devices, artificial intelligence (AI), and predictive analytics. These technologies enhance visibility, transparency, and efficiency throughout the supply chain by providing real-time tracking of shipments, optimizing route planning and inventory management, and automating routine tasks. Furthermore, they enable better decision-making through data-driven insights and facilitate seamless collaboration among stakeholders, including manufacturers, carriers, and distributors. By streamlining operations, reducing costs, and minimizing risks, technological advancements empower shipping and logistics companies to meet evolving customer expectations for faster delivery, higher accuracy, and improved sustainability. Ultimately, embracing these innovations allows firms to gain a competitive edge in an increasingly complex and dynamic marketplace while driving innovation and resilience across the entire supply chain ecosystem.

Restraint Factors of Shipping and Logistics Market

Industry Grapples with Labor Shortages and Skill Gaps to Limit Market Growth

The shipping and logistics industry faces significant challenges stemming from labor shortages and skill gaps. Demographic shifts, technological advancements, and evolving job preferences contribute to a scarcity of qualified personnel across various roles within the sector. This shortage hampers productivity, impedes recruitme...

The Data Center Logistics Market report segments the industry into By Devices (Electrical Devices, Mechanical Devices), By Size of Data Center (Small and Medium-scale Data Center, Large-scale Data Center), By Service (Transport, Installation, and more.), By End User (Banking, Financial Services, and Insurance, and more.), and By Geography.

According to Cognitive Market Research, the global Integrated Logistics market size will be USD 125142.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 16.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 50056.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 37542.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 28782.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.00% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 6257.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2502.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.7% from 2024 to 2031.
The Roadway category is the fastest growing segment of the Integrated Logistics industry

Market Dynamics of Integrated Logistics Market

Key Drivers for Integrated Logistics Market

The emergence of a variety of technologies, including 5G, artificial intelligence, machine learning, and integrated logistics to Boost Market Growth: AI is actively involved in the development of self-driving or driverless cars, as well as the advancement of other technologies in the logistics supply chain, such as robotics, in order to enhance the overall transportation businesses/logistics industry. Additionally, AI is contributing to the improvement of safety environments for drivers and the optimization of vehicle maintenance and performance. Industry leaders, approximately 60-65%, anticipate that logistics, transportation, and supply chain will necessitate a profound transformation. This is due to the fact that an AI-enabled supply chain can significantly reduce operational costs. AI-enabled supply chain management can reduce logistics costs by 15%, inventory levels by 25%, and service levels by 65%.

Enhanced demand in the e-commerce sector and the integration of logistics management to achieve operational excellence to Drive Market Growth: The eCommerce and logistics sectors have experienced substantial growth as a result of the expanding online purchasing industry and technologically enabled logistics platforms. In recent years, there has been a significant increase in the number of online consumers, and it is anticipated that this number will increase by a factor of two in the years ahead. The global logistics sector's development is facilitated by the adoption of advanced technology that is based on data analytics, which enables to compare several airline shipping prices on one platform. It also enables the selection of the most cost-effective carrier partner based on a variety of key metrics, real-time monitoring, and cloud-calling for order confirmation. It is anticipated that the global logistics market will be driven by the growing e-commerce industry and the development and increased use of integrated logistics management platforms.

Key Restraints for Integrated Logistics Market

Uniform governance standards are absent in the fragmented logistics sector, will Limit Market Growth: The absence of governance is one of the most significant obstacles that stands in the way of the broad adoption of digital logistics. A uniform Internet of Things platform is required since the logistics sector is suffering from high levels of fragmentation. Businesses that deal in transportation and logistics all over the world are concentrating their efforts on improving the efficiency of their supply chains in order to maintain their profitability and viability. In order to minimize misunderstanding, it is vital to endeavor to maintain governance that is as uniform as feasible. When it comes to the logistics and supply chain system, a common standardized would make it simple and straightforward for any service provider to provide the majority of solutions in a single package.

Key Trends for Integrated Logistics Market

Embracing Green Logistics: The focus on sustainability is intensifying, as businesses allocate resources towards electric vehicles,...

[225+ Pages Report] The global logistics market size is expected to grow from USD 4.09 billion in 2022 to USD 12.09 billion by 2030, at a CAGR of 17.1% from 2023-2030

The Cold Chain Logistics Market Report Segments the Industry Into by Service (Refrigerated Storage, Refrigerated Transportation and Value-Added Services), by Temperature Type (Chilled (0–5 °C), Frozen (-18–0 °C) and More), by Application (Fruits & Vegetables, Meat & Poultry, Fish & Seafood and More), and by Geography (North America, South America, Asia Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

Logistics Market Outlook

According to our latest research, the global logistics market size reached USD 10.7 trillion in 2024, reflecting robust activity across diverse service types and end-user sectors. The market is expected to grow at a CAGR of 5.6% from 2025 to 2033, reaching an estimated USD 17.4 trillion by 2033. This growth trajectory is primarily driven by the increasing globalization of trade, the rapid expansion of e-commerce, and the ongoing digital transformation of supply chain operations. As per our most recent analysis, the logistics industry is undergoing significant evolution, with technology adoption and sustainability initiatives acting as key accelerators for both efficiency and expansion.

A critical growth factor for the logistics market is the surging demand for integrated supply chain solutions, particularly in the context of rapid e-commerce growth and evolving consumer expectations. Retailers and manufacturers are increasingly seeking sophisticated logistics partners capable of providing end-to-end visibility, real-time tracking, and seamless last-mile delivery. The proliferation of omnichannel retailing has also necessitated more agile and responsive logistics strategies, compelling service providers to invest in advanced technologies like artificial intelligence, Internet of Things (IoT), and robotics. These innovations are enhancing operational efficiency, reducing delivery times, and improving customer satisfaction, thereby fueling market growth across all segments.

Another significant driver is the expanding network of global trade routes and the liberalization of cross-border commerce, which have collectively increased the volume and complexity of goods movement. The rise of free trade agreements, economic corridors, and special economic zones has facilitated easier access to international markets, prompting logistics providers to ramp up their infrastructure and service capabilities. Additionally, the growing trend of outsourcing logistics functions to third-party logistics (3PL) and fourth-party logistics (4PL) providers is helping businesses focus on their core competencies while benefiting from specialized expertise and scalable resources. This shift is particularly pronounced in sectors such as automotive, healthcare, and food & beverages, where timely and reliable delivery is mission-critical.

Sustainability and regulatory compliance are emerging as pivotal growth factors within the logistics market. Increasing environmental awareness and stringent government regulations are compelling companies to adopt greener practices, such as utilizing electric vehicles, optimizing route planning, and implementing eco-friendly packaging solutions. The adoption of sustainable logistics not only helps companies reduce their carbon footprint but also enhances their brand reputation and meets the evolving preferences of environmentally conscious consumers. In parallel, compliance with complex international trade regulations, customs requirements, and safety standards is driving investments in digital documentation, automated customs clearance, and risk management systems, further propelling market expansion.

Regionally, the Asia Pacific logistics market continues to dominate, accounting for the largest share of global revenues in 2024, followed by North America and Europe. The rapid industrialization, urbanization, and burgeoning middle-class population in countries like China, India, and Southeast Asia are driving unprecedented demand for logistics services. North America remains a major hub for technological innovation and logistics automation, while Europe is at the forefront of sustainable logistics practices. The Middle East & Africa and Latin America are also witnessing steady growth, supported by infrastructure investments and the expansion of international trade corridors. This regional diversity underscores the dynamic and multifaceted nature of the global logistics market.

Freight and Logistics play a pivotal role in shaping the dynamics of the global logistics market. As businesses continue to expand their operations across borders, the demand for efficient freight solutions has surged. This is particularly evident in the growing reliance on multimodal transportation, which combines various modes such as road, rail, and sea to optimize cost and t

The United States freight and logistics industry is a major sector of the economy, valued at XX million in 2025 and projected to grow at a CAGR of 5.98% until 2033. The industry is driven by factors such as the rise of e-commerce, globalization, and the growing manufacturing sector, which all contribute to the demand for efficient and reliable logistics services. Other trends that shape the industry include the adoption of technology for supply chain optimization, the increasing focus on sustainability, and the growing demand for specialized logistics services for industries such as healthcare and pharmaceuticals. Key players in the U.S. freight and logistics market include DB Schenker, United Parcel Service of America Inc (UPS), DHL Group, DSV A/S (De Sammensluttede Vognmænd af Air and Sea), and Penske Logistics. These companies offer a wide range of services, including transportation, warehousing, and distribution. The industry is also characterized by the presence of numerous smaller and regional players that cater to specific geographical areas or specialized market niches. As the industry continues to evolve, it is expected that there will be a growing demand for integrated logistics solutions that can provide end-to-end supply chain visibility and control. Additionally, the increasing focus on sustainability is likely to drive the adoption of environmentally friendly logistics practices and technologies. Recent developments include: February 2024: C.H. Robinson has developed a new technology that creates a major efficiency in freight shipping: removing the work of scheduling an appointment at the place where a load needs to be picked up and scheduling another appointment where the load needs to be delivered. The technology also uses artificial intelligence to determine the optimal appointment, based on transit-time data from C.H. Robinson’s millions of shipments across 300,000 shipping lanes.January 2024: Kuehne + Nagel has announced its Book & Claim insetting solution for electric vehicles, to improve its decarbonization solutions. Developing Book & Claim insetting solutions for road freight was a strategic priority for Kuehne + Nagel. Customers who use Kuehne + Nagel's road transport services can now claim the carbon reductions of electric trucks when it is not possible to physically move their goods on these vehicles.November 2023: DB Schenker, in partnership with American Airlines Cargo, announces an advancement in airfreight operations. The introduction of an API (Application Programming Interface) connection, introduced on November 14th, 2023, marks the next step in digitalizing and streamlining airfreight booking processes.. Key drivers for this market are: Growing trade relations, Increased demand for perishable goods. Potential restraints include: Cargo theft, High cost of maintainig. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

Global Freight And Logistics market size is expected to reach $4 billion by 2029 at 6.3%, segmented as by type, airways, railways, roadways, waterways

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Logistics Market Size 2025-2029

The logistics market size is forecast to increase by USD 368.4 billion, at a CAGR of 5.3% between 2024 and 2029.

The market is experiencing significant shifts due to the burgeoning e-commerce industry and the rise of omnichannel fulfillment. The increasing reliance on online shopping is placing immense pressure on logistics providers to deliver goods faster and more efficiently than ever before. This trend is driving innovation in areas such as automation, real-time tracking, and last-mile delivery solutions. However, the market also faces considerable challenges. Supply chain disruptions, both natural and man-made, continue to pose a significant threat. Geopolitical tensions, extreme weather events, and cybersecurity breaches can all cause delays and add complexity to the supply chain.
Companies must be agile and adaptable to navigate these challenges and ensure the timely delivery of goods to their customers. To succeed in this dynamic market, logistics providers must focus on building resilient supply chains, investing in technology, and fostering strong partnerships with retailers and other stakeholders.

What will be the Size of the Logistics Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by the ever-changing needs of various sectors and the ongoing pursuit of operational efficiency and sustainability. Green logistics, a key focus area, integrates cost optimization and emissions reduction through the adoption of fuel-efficient transportation modes, such as rail freight and intermodal transportation. Freight forwarding and distribution centers play a crucial role in optimizing delivery speed and performance metrics, leveraging advanced technologies like route optimization, delivery optimization, and predictive analytics. Autonomous vehicles and warehouse automation, including conveyor systems and sorting systems, are transforming order fulfillment and inventory management. Business intelligence and data analytics enable supply chain visibility, while fleet management and digital twin technologies enhance fleet performance and maintenance.

Last-mile delivery and third-party logistics (3PL) providers ensure on-time delivery and customized solutions for businesses. Cost optimization is a continuous priority, with cost savings achieved through the use of less-than-truckload (LTL) shipping and truckload shipping, as well as the implementation of barcode scanning and cargo insurance. The integration of blockchain technology and customs brokerage streamlines international trade processes, while inventory control and demand forecasting help minimize stockouts and overstocks. Transportation modes, from air freight to ocean freight, continue to adapt to market demands, with the emergence of new technologies like emissions reduction and digital twin solutions. The logistics landscape remains dynamic, with ongoing innovations in logistics automation, supply chain management, and transportation modes shaping the future of the industry.

How is this Logistics Industry segmented?

The logistics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Consumer goods
  Automotive
  Food and beverage
  Healthcare
  Others


Mode Of Transportation

  Roadways
  Waterways
  Railways
  Airways


Type

  Forward logistics
  Reverse logistics


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  Middle East and Africa

    UAE


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By End-user Insights

The consumer goods segment is estimated to witness significant growth during the forecast period.

In the dynamic consumer goods market, various trends and technologies are shaping logistics operations to enhance efficiency and meet customer demands. Fuel efficiency is a critical factor as businesses strive to reduce their carbon footprint and contain costs. Autonomous vehicles and route optimization are transforming truckload and less-than-truckload (LTL) shipping, while blockchain technology ensures secure and transparent supply chain management. Order fulfillment is being automated through conveyor systems and warehouse robotics, and inventory management is aided by data analytics and predictive analytics. Last-mile delivery is a growing challenge, with third-party logistics (3PL) providers and e-commerce platforms collaborating to ensure on-time delivery.

Emissions reduction is a priority, with green logistics initiativ

Compound annual growth rates (CAGR) look at how much a company or industry has grown over a given period. CAGR are a useful measurement for potential investors to gauge how well a company or industry has been performing over the last 5 years and compare to other investments of interest. Compound annual growth rates can be used to measure a number of different factors including revenue as in this example, but also income, customers, returns etc. As of January 2025, the CAGR in revenues for the ************* sector in Western Europe has been highest in the transportation industry (*** percent). In terms of expected growth between 2025 and 2026, the best performing industry is ********, with revenues expected to grow by approximately **** percent.

The United States Freight And Logistics Market report segments the industry into End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, and more) and Logistics Function (Courier, Express, and Parcel (CEP), Freight Forwarding, and more). The report provides market value in USD, market volume for key segments, and more.

According to Cognitive Market Research, the global Logistics market size will be USD 10254.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 4101.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 3076.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2358.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 512.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 205.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The Transportation Services is the fastest growing segment of the Logistics industry

Market Dynamics of Logistics Market

Key Drivers for Logistics Market

Increasing E-commerce Boom to Boost Market Growth: The rapid boom of e-commerce has led to a surge in demand for green logistics offerings as online stores attempt to meet heightened purchaser expectations for dependable and well-timed shipping. With clients an increasing number of favoring quick transport options, logistics carriers ought to enhance their operations to ensure seamless order achievement. This includes optimizing supply chain tactics, adopting superior generation for tracking and dealing with shipments, and expanding delivery networks. As opposition intensifies within the e-commerce zone, the capacity to deliver items hastily and effectively has emerged as a vital issue for stores aiming to preserve consumer pride and loyalty.

Globalization and International Trade to Drive Market Growth: Globalization has substantially transformed the global economy, resulting in a surge in global trade. This interconnectedness necessitates a sturdy logistics infrastructure able to facilitate the efficient movement of goods throughout borders. Countries are more and more counting on advanced logistics offerings to control complex supply chains, make certain well timed deliveries, and navigate varying regulations. Effective logistics no longer complements trade efficiency but also supports economic growth by reducing fees and improving access to worldwide markets. As global alternatives continue to expand, the call for modern logistics answers and investment in infrastructure will be essential to keeping competitiveness and facilitating seamless cross-border transactions.

Key Restraints for Logistics Market

Infrastructure Challenges, will Limit Market Growth: Inadequate transportation infrastructure, in particular in growing areas, poses sizable demanding situations to the clean go with the flow of goods. Congestion on roadways, getting old centers, and a lack of connectivity between key logistics hubs can result in delays and extended operational prices for businesses. These infrastructural deficiencies restrict efficient delivery chain control, main to longer transport instances and diminished competitiveness within the global marketplace. Moreover, the inability to aid the developing call for e-commerce and global alternatives further exacerbates these demanding situations. Addressing infrastructure gaps through targeted investments and upgrades is vital for enhancing logistics performance and fostering economic increase in those areas.

Key Trends for Logistics Market

Integration of AI, IoT, and Predictive Analytics in Logistics: With the growth of e-commerce and international trade, logistics firms are swiftly embracing AI, the Internet of Things (IoT), and predictive analytics to improve real-time tracking, inventory oversight, and route optimization. Intelligent sensors and GPS-enabled devices are utilized to monitor cargo conditions, predict demand, and avert delays. Predictive models also assist in foreseeing supply chain interruptions, facilitating proactive decision-making. This movement is ushering in a new era of smart, automated logistics where data-driven strategies enhanc...

China Freight and Logistics Market Outlook 2031:

The China freight and logistics market size was valued at USD 1.06 Trillion in 2022 and is projected to reach USD 1.69 Trillion by 2031, expanding at a CAGR of 5.32% during the forecast period 2023 - 2031. The growth of the market is attributed to the increasing e-commerce and digital marketplace trend.

Logistics and freight are terminologies that are often used in a variety of industries. The terms logistics and freight are synonymous with the transportation and movement of commercial goods by different means of transportation, including the ocean, air, rail, and truck.

The process of controlling and executing a cost-effective method with the delivery of products is referred to as freight management. Freight management combines human resources, logistical knowledge, and data to ensure that shippers and carriers are in sync.



The logistics business is described as the science of collecting, manufacturing, and delivering materials and goods to the proper locations. In a military context, where it is more commonly used, the term also refers to personnel mobility. The process of designing, implementing, and monitoring processes for the efficient and effective transportation and storage of commodities is referred to as logistics.



This covers services and related data from the point of origin to the point of consumption with the goal of meeting and exceeding consumer expectations. Any kind of products, objects, or commodities that are delivered in bulk through air, surface, or sea or ocean transit are referred to as freight. It is the cost of transporting products by any means or by a combination of modes of transportation.

China Freight and Logistics Market Trends, Drivers, Restraints, and Opportunities

• Growth of e-commerce and digital marketplace trend are proj

Demand for intelligent logistics is higher than ever before as businesses acknowledge its various benefits. The global smart logistics market is valued at US$ 32.35 billion and is forecasted to expand rapidly at a CAGR of 22.8% to reach a whopping US$ 251.26 billion by 2034-end.

Country-wise Insights

Category-wise Evaluation

The Italy freight and logistics market size was valued at USD 105.94 Billion in 2022 and is likely to reach USD 150.79 Billion by 2031, expanding at a CAGR of 4% during 2023 – 2031.The growth of the market is attributed to the rapid urbanization, advancement in the security of freight as well as logistics, rising need for controlling the transit, and growing freight visibility technologies along with solutions.



Freight and logistics are the process of transportation of goods and commodities by using road cars, rail, airplanes, big vessels, and trucks to carry the containers. It provides different types of services such as warehousing, contract logistics, value added services, and logistics solutions for complex supply chains. It is the management and overseeing of the operations that are cost effective.

It is a combination of knowledge and human resources to make sure there are no obstacles in the path way of goods between carriers and shippers. It helps to negotiate the terms and conditions along with rates for the transportation of goods. It also ensures that the important insurances are in the place to make sure goods are secured while moving in transit. It constantly tries to find an alternative method for improving delivery performance, lesser environmental impact and also time as well as cost.

Market Trends, Drivers, Restraints, and Opportunities

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  Rising trade activities is expected to drive the market growth in the coming years.

  
  
  

  The freight and logistics industry plays a crucial role in ensuring the seamless movement of goods across borders, contributing significantly to the global economy. In Italy, this sector is particularly vital due to the country's strategic location in Europe, acting as a gateway for trade between the continent and other regions. With the rise of e-commerce and globalization, the demand for efficient freight and logistics services has surged, necessitating advancements in technology and infrastructure. Companies are increasingly investing in digital solutions to enhance tracking, improve efficiency, and reduce costs, thereby driving the growth of the freight and logistics market.

  
  


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  Rapid growth of the manufacturing sector is major factors spurring the market expansion during the forecast period.

  
  

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The global sales of connected logistics are worth USD 29.73 billion in 2025 and are anticipated to reach a value of USD 97.39 billion by 2035. Sales are projected to rise at a CAGR of 12.6% over the forecast period between 2025 and 2035.

Semi Annual Market Update

Connected Logistics Market Analyzed by Top Investment Segments

Country-wise Insights