The India Freight and Logistics Market is segmented by End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others) and by Logistics Function (Courier, Express, and Parcel (CEP), Freight Forwarding, Freight Transport, Warehousing and Storage). Market Value (USD) and Market Volume (ton-km, number of parcels, warehousing & storage space in square feet) are both presented. Key Data Points observed include Freight Transport Volume (ton-km) by Mode of Transport; Production Trends (Manufacturing, E-Commerce etc. in USD); Import and Export trends (in USD); and Freight Pricing Trends (USD per ton-km).

The report covers India Intra-city Logistics Companies and it is segmented by Service (Transportation, Warehousing and Distribution, and Value-added Services) and by City (Delhi, Bangalore, Mumbai, Hyderabad, Chennai, and Others). The market size and forecasts for the India intra-city logistics market in value (USD billion) for all the above segments.

In financial year 2023, around half of the e-commerce logistics market in India was taken by the logistics wings of big e-commerce platforms, Flipkart and Amazon. Among third-party logistics providers, Delhivery took the leading role with 21.5 percent of the market share.

Container Corporation of India was the leading logistics company in India based on market capitalization with approximately 412 billion Indian rupees as of February 2025. Aegis Logistics was the second-largest logistics company in the country at that time period.

The Report Covers India D2C Logistics Companies and the market is segmented by end-user (fashion, consumer electronics, beauty, personal care, home decor, and other end-users). The market size and forecasts for India's D2C Logistics market are provided in value (USD) for all the above segments.

In the year 2024, the size of the Indian logistics market was around 317.3 billion U.S. dollars. It was estimated that this market would grow to 484 billion dollars in 2029, at a compound annual growth rate of 8.8 percent. India has a higher logistics cost as a percentage of GDP at 16 percent.

The Report Covers 3PL Service Providers in India and is segmented by Type (Domestic Transportation Management, International Transportation Management, and Value-added Warehousing and Distribution), and End-Users.

The Indian Part Truck Load (PTL) market is experiencing robust growth, driven by the expansion of e-commerce, increasing manufacturing activity, and the nation's robust agricultural sector. A CAGR exceeding 4% indicates a consistently expanding market, projected to reach significant value over the forecast period (2025-2033). Key drivers include the rising demand for efficient and cost-effective transportation solutions, particularly amongst SMEs lacking their own large-scale logistics infrastructure. The increasing adoption of technology, such as advanced route optimization software and real-time tracking systems, further fuels market expansion. While regulatory hurdles and fluctuating fuel prices pose challenges, the market's inherent resilience and the ongoing development of India's infrastructure mitigate these restraints. Segmentation reveals significant contributions from various end-user industries, with agriculture, construction, manufacturing, and e-commerce leading the demand. The domestic market currently holds the larger share, however, increasing international trade is anticipated to boost the international segment's growth in the coming years. Leading players such as CJ Darcl, DHL, and domestic logistics giants like VRL Logistics and Delhivery are vying for market share through strategic investments, fleet expansion, and technological advancements. The diverse regional landscape presents opportunities across the country, with potential for significant growth in both established and emerging markets. The competitive landscape is characterized by a mix of established national players and smaller regional operators. Consolidation within the industry is expected as larger companies continue to acquire smaller ones to expand their reach and service capabilities. The focus on improving service quality, delivery times, and supply chain transparency will be crucial for market leadership. Government initiatives to improve infrastructure, such as road development and logistics parks, will further enhance market prospects. Furthermore, the burgeoning adoption of digital technologies across the supply chain, from order management to route planning, will influence both market dynamics and operational efficiency, attracting more investments and innovation into the PTL space. The long-term outlook for the Indian PTL market remains positive, propelled by a growing economy, e-commerce boom, and investments in logistics infrastructure. This in-depth report provides a comprehensive analysis of the Part Truck Load (PTL) market in India, covering the period from 2019 to 2033. It offers invaluable insights into market dynamics, growth drivers, challenges, and future trends, making it an essential resource for businesses operating in or planning to enter this dynamic sector. The report leverages extensive data analysis and incorporates key industry developments to present a realistic and actionable outlook for investors, industry players, and researchers. The base year for this report is 2025, with estimations for 2025 and forecasts spanning from 2025 to 2033. Historical data from 2019 to 2024 provides a strong foundation for these projections. Recent developments include: September 2023: Shreeji Translogistics Limited (STL) one of the large integrated national logistical solution providers in India, has entered into contract with DHL Express (India) Pvt. Ltd. for providing courier cargo under bonded trucking services.August 2023: Transport Corporation of India (TCI) has committed to deploy zero-emission trucks over the next 18-24 months to run on India’s first zero-emission road freight cluster as announced by NITI Aayog in collaboration with WRI India and the World Economic Forum.August 2023: Delhivery Ltd had entered into a contract to build and operate the factory-to-customer supply chain for Havells India Ltd. in western India.. 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.

India Logistics Market has witnessed an average CAGR during FY14-FY19 due to favorable policy reforms from the government, continued investment in infrastructure by both the government and the private sector; the influx of foreign players in the market in recent years and investing in innovative technologies has stimulated the growth in the market.

India Logistics Market size was valued at around USD 230 billion in 2024 and is projected to reach USD 360 billion by 2030 with a CAGR of around 8%.

Snapshot img

Project Logistics Market Size 2025-2029

The project logistics market size is forecast to increase by USD 51.7 billion at a CAGR of 3.4% between 2024 and 2029.

The market is experiencing significant growth due to several key trends. The increase in the number of construction activities worldwide is driving market demand, as these projects require the transportation and installation of large and heavy equipment. Another trend is the digitization of logistics, which is improving efficiency and reducing costs through the use of technologies such as real-time tracking and automation. Additionally, trends such as driverless vehicles, e-commerce, blockchains, and investment pockets in emerging economies are shaping the logistics ecosystem. However, high investments and operational costs remain challenges for market participants. To mitigate these challenges, companies are exploring innovative solutions such as collaborative logistics and outsourcing to third-party providers. Overall, the market is expected to continue growing, driven by these trends and the need for efficient and cost-effective transportation and installation solutions.

What will be the Size of the Project Logistics Market During the Forecast Period?

Request Free Sample

The market encompasses the planning, organization, managing, processing, and controlling of the flow of goods, materials, information, and cargo in the context of large-scale projects, particularly those involving international trade and renewable energy production. Key trends include the adoption of modularization and offsite construction methods, the increasing use of ISO containers for transporting and storing goods, and the integration of technology such as driverless cars and blockchains into logistics ecosystems. Service offerings in this market cater to various industries, including construction companies and production facilities, by managing domestic and overseas logistics costs, ensuring efficient supply chain operations, and providing specialized expertise in handling raw materials and intermediate suppliers.
The market's size and direction reflect the growing demand for complex project logistics solutions in the context of globalization and the shift toward sustainable energy sources.

How is this Project Logistics Industry segmented and which is the largest segment?

The project 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.

Service

  Transportation
  Warehousing
  Others


End-user

  Oil and gas/mining/quarrying
  Construction
  Energy and power
  Others


Mode Of Transportation

  Road
  Rail
  Sea
  Air


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK
    Italy


  Middle East and Africa



  South America

By Service Insights

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

The transportation segment holds the largest share in the market, as it is a crucial service offering. Major players in this industry provide customized and specialized transportation solutions tailored to each project or customer's unique requirements. These comprehensive transportation packages ensure timely delivery of shipments, regardless of size. DHL International, a subsidiary of Deutsche Post AG, is an exemplary market participant offering industrial project transportation services, capable of transporting massive shipments weighing up to 1,000 tons across borders or to inaccessible locations. The market caters to various industries, including construction, production, and renewable energy, by managing the flow of goods, materials, information, cargo, and personnel.

Market solutions encompass infrastructure development, organization, planning, scheduling, controlling, and processing. Upgraded fleets, industry-specific services, and competitiveness are key drivers for growth in this sector. Despite domestic and overseas logistics costs, project logistics plays a vital role in job creation and impact analysis, requiring significant initial capital investment.

Get a glance at the market report of share of various segments Request Free Sample

The Transportation segment was valued at USD 113.40 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 41% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market size of various regions, Request Free Sample

The market in APAC is projected to lead the global market

The global Warehousing and Distribution Logistics market, valued at $219.99 billion in 2025, is projected to experience robust growth, driven by the expansion of e-commerce, globalization of supply chains, and increasing demand for efficient logistics solutions across diverse sectors. The 6.78% CAGR from 2025 to 2033 indicates significant market expansion over the forecast period. Key growth drivers include the rising adoption of advanced technologies like automation, robotics, and AI in warehouse management, improving supply chain visibility and efficiency. The increasing need for temperature-controlled warehousing, particularly within the healthcare and food sectors, further fuels market expansion. Growth is also spurred by the ongoing trend towards outsourcing logistics functions, allowing businesses to focus on core competencies. While challenges remain, such as labor shortages and fluctuating fuel prices, the overall market outlook remains positive. Significant regional variations are expected, with APAC, particularly China and India, exhibiting strong growth due to their rapidly expanding economies and burgeoning e-commerce markets. North America and Europe will continue to hold substantial market shares, driven by established logistics infrastructure and technological advancements. Segment-wise analysis reveals substantial contribution from warehousing services, followed by distribution logistics and value-added services like packaging, labeling, and inventory management. The healthcare, manufacturing, and aerospace sectors are major end-users, demanding specialized warehousing and distribution solutions. Competitive dynamics are characterized by a mix of large multinational corporations and smaller regional players, fostering competition through service differentiation, technological innovation, and strategic partnerships. The market's future trajectory hinges on continued technological innovation, effective regulatory frameworks, and the ability of logistics providers to adapt to changing consumer demands and global economic shifts. Companies are focusing on enhancing their operational efficiency, optimizing their supply chain network and investing in advanced technologies to stay competitive in this dynamic market.

India Freight And Logistics Market Size was valued at USD 278 Billion in 2024 and is projected to reach USD 640 Billion by 2032, growing at a CAGR of 11% from 2026 to 2032.

India Freight And Logistics Market Dynamics

The key market dynamics that are shaping the India Freight And Logistics Market include:

Key Market Drivers

E-commerce Market Growth: The growing of India’s e-commerce business would considerably impact the freight and logistics markets. According to the India Brand Equity Foundation (IBEF), India’s e-commerce business was worth USD 74.8 billion in 2022 and is expected to increase to USD 350 billion by 2030. This spike in online retail is fueling significant demand for logistics services, particularly with a 36% growth in online orders from tier 2 and tier 3 cities in 2021-22, according to the Ministry of Commerce.

Infrastructure Development: Infrastructure development will power the Indian Freight & Logistics Market.

The India Road Freight Transport Market is segmented by End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others), by Destination (Domestic, International), by Truckload Specification (Full-Truck-Load (FTL), Less than-Truck-Load (LTL)), by Containerization (Containerized, Non-Containerized), by Distance (Long Haul, Short Haul), by Goods Configuration (Fluid Goods, Solid Goods) and by Temperature Control (Non-Temperature Controlled, Temperature Controlled). Market Value (USD) and Market Volume (ton-km) are both presented. Key Data Points observed include Freight Transport Volume (ton-km) by Destination and End User; Production Trends (Manufacturing, E-Commerce etc. in USD); Import and Export trends (in USD); and Freight Pricing Trends (USD per ton-km).

India Third-Party Logistics (3PL) market is valued at USD 19 billion, driven by the increasing demand for organized retail, and the expansion of manufacturing activities

The global aerospace logistics service market is experiencing robust growth, driven by the increasing demand for air freight, particularly in the burgeoning e-commerce sector and the expansion of the aerospace manufacturing industry. The market, estimated at $150 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033, reaching an estimated $250 billion by 2033. This growth is fueled by several key factors, including the rise in air passenger traffic, technological advancements leading to improved efficiency and safety in air freight handling, and the globalization of supply chains, especially within the aerospace sector. Increased outsourcing of logistics functions by aerospace companies further contributes to market expansion. The international air transport segment holds a significant market share, driven by the increasing cross-border trade of aerospace components and finished goods. Key players in this market are strategically investing in advanced technologies like blockchain and AI for enhanced supply chain visibility and optimized delivery times. Challenges include fluctuating fuel prices, stringent regulatory compliance requirements, and geopolitical uncertainties, which can impact the timely and efficient movement of goods. The market is segmented by type (domestic and international air transport) and application (personal, commercial, and military). While the commercial segment currently dominates, significant growth is anticipated in the military sector due to increasing defense budgets globally. Regionally, North America and Europe are currently the largest markets due to the presence of major aerospace manufacturers and a well-established logistics infrastructure. However, Asia-Pacific is expected to witness the fastest growth rate in the coming years, driven by rapid economic development and the expansion of the aerospace industry in countries like China and India. The competitive landscape is characterized by the presence of both large multinational logistics providers and specialized aerospace logistics companies, leading to a dynamic and competitive market environment with ongoing consolidation and strategic alliances.

Snapshot img

Connected Logistics Market Size 2024-2028

The connected logistics market size is forecast to increase by USD 138.66 billion at a CAGR of 34.28% between 2023 and 2028. Market growth hinges on various factors, including the efficient management of temperature-sensitive goods, the rising demand for enhanced connectivity, and the increasing emphasis on bolstering visibility and control within supply chain systems. Effective temperature management is crucial for preserving the integrity of perishable products during storage and transit, driving the demand for advanced cold chain solutions. Moreover, the need to enhance connectivity across supply chain networks facilitates seamless communication and data exchange between stakeholders, optimizing operations and enabling real-time decision-making. Additionally, heightened emphasis on visibility and control empowers businesses to track inventory movements, monitor performance metrics, and mitigate risks effectively. By addressing these critical factors, businesses can enhance operational efficiency, minimize losses, and capitalize on emerging opportunities, thereby fostering the growth and resilience of the market. It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 to 2022.

What will be the Size of the Market During the Forecast Period?

To learn more about this report, View Report Sample

Market Dynamic

In the realm of connected logistics, supply chain partners leverage cutting-edge technologies like Internet of Things (IoT) sensors and cloud platforms to streamline logistical operations and enhance value-added logistics services. Through intelligent transportation solutions and autonomous logistics trucks, companies optimize shipping processes while ensuring security and safety. With cloud-based technology and Bluetooth connectivity, interoperability between systems is facilitated, enabling efficient order processing and financial transactions. This interconnected network of connected logistics hardware and IoT sensors revolutionizes warehousing and shipping, ushering in a new era of seamless online shopping experiences and accessible supply chain management. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Effective management of temperature-sensitive products is a major driving factor for the market. The market is set to benefit greatly from the efficient handling of temperature-sensitive products, such as food and vaccines. Inadequate supply chain systems, particularly in developing countries, contribute to significant product wastage. Insufficient temperature management and failure to adhere to regulatory guidelines in storage networks are major factors behind the wastage of temperature-sensitive items. This wastage impacts healthcare services by creating shortages of vital drugs and rendering vaccines ineffective.

Furthermore, organizations are investing in technologies like IoT-powered smart refrigerators, analytics, and cloud computing solutions to tackle these challenges. Connected logistics systems, specifically designed for perishable products, effectively manage temperature-sensitive items under varying climatic conditions. The implementation of technology, such as medical refrigerator systems, ensures the safe storage of vaccines in remote and developing regions. The ability to manage temperature-sensitive products offered by connected logistics is expected to drive the growth of the global market in the forecast period.

Significant Market Trends

Increasing adoption of IoT in SCM systems is the primary trend in the market growth. One of the significant trends in the market is the growing adoption of IoT in supply chain management (SCM) systems. IoT enables real-time tracking of shipments through smart connected devices, which has gained popularity in industries like manufacturing, healthcare, and transportation. Sensors and devices installed in storage facilities and containers capture and transmit real-time data to SCM teams, providing crucial information on product conditions and delivery status. To preserve perishable goods and vaccines within the required temperature ranges, IoT technology helps detect and control technical faults in cold chain storage systems, preventing damage to stored products. IoT also facilitates the tracking of refrigerated containers, known as reefers, on cargo ships.

Moreover, the worldwide proliferation of smart connected devices is expected to reach 47 billion by 2026, posing challenges in managing and maintaining data. IoT solutions aid logistics firms in capturing and analyzing large volumes of data generated by connected devices using statistical transportation mode t

The Indian 3PL logistics market, valued at $40.03 billion in 2025, is experiencing robust growth, projected to expand at a CAGR of 7.28% from 2025 to 2033. This expansion is fueled by several key factors. The burgeoning e-commerce sector in India significantly drives demand for efficient and reliable logistics solutions, particularly in domestic transportation management and value-added warehousing and distribution services. Furthermore, increasing manufacturing activity across diverse sectors, including automobiles, chemicals, and consumer goods, contributes to the market's growth. The rise of organized retail and the growing focus on supply chain optimization amongst businesses are further catalysts. While infrastructure limitations and regulatory complexities present some challenges, the government's initiatives to improve infrastructure and streamline logistics processes are mitigating these restraints. The market's segmentation reveals a strong emphasis on services like domestic transportation management, catering to the expanding e-commerce market and intra-state distribution needs. International transportation management is also a significant segment, reflecting India's increasing global trade engagement. Leading players like Future Supply Chain, TVS Supply Chain Solutions, and DHL Supply Chain are witnessing significant growth opportunities through strategic expansions, technological investments, and partnerships. The competitive landscape is characterized by a mix of large multinational corporations and domestic players. While multinational corporations bring global expertise and advanced technology, domestic players leverage their understanding of local market dynamics and established networks. Future growth will likely see consolidation among market participants as companies seek to expand their service portfolios and geographic reach. The strong growth trajectory is expected to continue, driven by sustained economic growth, rising consumer spending, and the continued digital transformation of the Indian economy. Specific regional performance will vary, with regions exhibiting higher economic activity and infrastructure development witnessing faster growth rates. The ongoing focus on technological advancements, including automation and digitalization, will further enhance efficiency and transparency within the 3PL logistics sector. Key drivers for this market are: Ageing Population, Expanding Number of Medical Care Suppliers. Potential restraints include: High Cost in Managing Logistics. Notable trends are: Developments in the Healthcare Sector.

Snapshot img

Secure Logistics Market Size 2024-2028

The secure logistics market size is forecast to increase by USD 32.74 billion at a CAGR of 7.4% between 2023 and 2028. Secure logistics plays a crucial role in the transportation of high-value goods, such as diamonds, across various industries, including manufacturing and retail. The increasing demand for secure logistics solutions is driven by the need to protect inventory from theft and damage during transit. Three primary modes of transportation dominate the market: road transport, rail transport, and air transport. Public infrastructure and financial institutions are significant end-users, while retailers and e-commerce companies are emerging players. Two major trends are shaping the market. First, the ability to track shipments in real-time using static and mobile types of technology is becoming increasingly important. Second, the growing preference for secure logistics solutions in the retail and e-commerce sectors is fueling market growth. However, competition from multiple secure logistics players poses a challenge to market growth.

Market Analysis

Request Free Sample

The market is a critical component of the global supply chain, ensuring the safe transportation and storage of high-value assets and commodities. This market is driven by several factors, including deregulation, foreign direct investments, and the increasing demand from high net-worth individuals and wealth management services. Deregulation has led to an increase in international trade, resulting in a higher volume of valuable goods being transported across borders. This has created a need for secure logistics solutions to mitigate the risks associated with transporting and storing these assets. Foreign direct investments have also contributed to the growth of the market.

Moreover, as companies expand their operations globally, they require secure logistics services to transport and manage their inventory, cash, and other valuable assets. Blockchain technology and the Internet of Things (IoT) are transforming the market. Blockchain provides a secure and transparent way to track and trace the movement of goods, reducing the risk of theft and counterfeiting. IoT devices, such as radio frequency identification (RFID) and global positioning system (GPS) tags, enable real-time monitoring of inventory and transportation, improving efficiency and security. Artificial intelligence (AI) and machine learning algorithms are being used to optimize inventory management and transportation routes, reducing costs and improving security.

Furthermore, AI-powered security systems, including security personnel, armored vehicles, and cash management services, are also becoming increasingly common in the market. The market caters to various industries, including diamonds and gemstones, financial organizations, and cash-in-transit companies. Cash logistics, including ATMs, cash services, and electronic payment systems, are a significant segment of the market. Security services, including security personnel and armored vehicles, are essential components of the market. These services ensure the safe transportation and storage of cash, diamonds, and other valuable assets. Airplane cargo is also a growing segment of the market, with the need for secure logistics solutions to transport high-value goods by air.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Service

  Security services
  Cash services


Geography

  APAC

    China
    India


  North America

    Canada
    US


  Europe

    Germany
    UK


  Middle East and Africa



  South America

By Service Insights

The security services segment is estimated to witness significant growth during the forecast period. The demand for secure logistics solutions has risen significantly due to the increasing importance of protecting valuable goods during transportation. This trend is observable across various industries, including manufacturing, finance, retail, and e-commerce. Diamonds, in particular, require stringent security measures due to their high value. Secure logistics encompasses various modes of transport such as road, rail, and air. Public infrastructure and financial institutions are major consumers of secure logistics services. Retailers and e-commerce companies also rely on secure logistics to ensure the safety of their inventory. Two primary types of secure logistics solutions exist: static and mobile. Static solutions involve securing warehouses and storage facilities, while mobile solutions focus on securing transportation vehicles and cargo.

Moreover, outsourcing security services to established companies is a common practice among organizations. This appro

The Logistic Services market size was valued at USD 1,081.65 USD Billion in 2023 and is projected to reach USD XXX USD Billion by 2032, exhibiting a CAGR of 9.25 % during the forecast period. Logistics services include everything from transporting goods from the manufacturer to the delivery warehouse, including warehousing and fulfillment of orders, to outbound deliveries and delivery of orders to customers. These services go beyond standard 3PL services, which is why logistics service providers are often referred to as 4PL services. Logistics providers are a key part of supply chain management that can have a significant impact on meeting demand and delivering products to customers. By adopting logistics services, you can expect your profit margins to increase. Logistics service providers can take advantage of the huge growth potential in the coming years by capitalizing on these trends and innovation. Recent developments include: November 2023, Kuehne+Nagel, one of the leading firms in logistics and transportation, announced its acquisition of a Canadian freight forwarding company, Farrow. The company aims to increase its involvement in the North American logistics and transportation market through this acquisition., In August 2023, XPO Inc. announced an acceleration and expansion of its planned terminals and equipment additions to meet the upsurge in demand for logistics operations globally. The company witnessed a 9% increase in its shipment delivery orders based on YoY% for the July 2023., In February 2023, FourKites and RCS Logistics joined forces in a collaborative venture to offer RCS customers an all-encompassing service that delivers comprehensive insight into their shipments across various modes of transportation, including ocean, water, air, intermodal, and over-the-road (OTR). By leveraging FourKites' real-time supply chain data, RCS's internal teams, as well as their customers, are gaining the advantage of automatic and real-time visibility into the current status and location of shipments in transit and at rest globally., November 2022: A.P. Moller–Maersk unveiled its plan to introduce a fresh ocean shipping service named "Shaheen Express." The service will operate on a rotation basis, covering Mundra, Pipavav, Jebel Ali, Dammam, Jebel Ali again, and returning to Mundra. This rotation establishes a consistent and dependable service for the India-UAE-Saudi Arabia corridor, primarily catering to the growing demand from customers engaged in trade between the Indian and Gulf markets., October 2022: DHL Supply Chain broadened its logistics services by unveiling a new suite of solutions dedicated to electronic waste recovery management. This innovative circular supply chain solution aids businesses in responsibly processing, reusing, or recycling used electronic components such as touchscreens, processors, computer modules, and other tech assets. Embracing this suite enables companies to reduce their environmental impact and contribute to the conservation of valuable raw materials.. Key drivers for this market are: Increasing Demand for Forged Products in Power, Agriculture, Aerospace, and Defense to Drive Industry Expansion. Potential restraints include: Less Control Over the Operations as Compared to 2PL Services May Restrain Market Growth. Notable trends are: Rising Adoption of Automation in Manufacturing to Drive Market Growth.