April 2025
The global logistics market revenue is estimated USD 11.23 trillion in 2025 and is predicted to attain around USD 21.92 trillion by 2033 with a CAGR of 8.36%. The market is expected to expand at a significant growth rate during the forecast period due to rising e-commerce activities, advancements in supply chain technologies, and increasing trade.
The logistics market includes services such as transportation, warehousing, inventory, and packaging for the transfer of goods from producers to consumers. The market is greatly influenced by the ever-growing e-commerce sector and the necessity to make supply chain operations smoother. The International Transport Forum forecasted that the global freight demand will triple by 2050, exerting pressure on the logistics network. This, in turn, boosts investments in smart logistics infrastructure. Furthermore, the implementation of real-time tracking systems and warehousing automation, and the rising demand for immediate deliveries are transforming the logistics environment to provide more agile and resilient services.
Surge in E-commerce Activities and the Need for Last-Mile Delivery
The ever-increasing e-commerce activities across the globe have transformed logistics operations, particularly in urban areas. The rising consumer preference for online purchasing is exerting pressure on logistics providers to provide timely and affordable last-mile deliveries. “As per the UNCTAD 2024 eCommerce Update, online Retail transactions represented 15.3% of global retail transactions in 2023, highlighting the importance of logistics to keep up with them
Technological Integration in Logistics Operations
Logistics operations are transforming through automation, robotics, and AI technologies. Automated storage and retrieval systems (ASRS) in smart warehouses increase the accuracy of operations and lower the costs associated with labor. In 2024, the International Federation of Robotics released statistics that indicated a 10% increase in the deployment of warehouse robots across the world, which showed strong momentum for automation. Such technological integrations enhance efficiency and also support sustainability goals by enabling the efficient utilization of resources and lower emissions.
Sustainability and Green Logistics Initiatives
Environmental predispositions and regulations are urging logistics companies to invest in green traffic and carbon neutrality measures. Logistic providers have embraced electric fleets and energy-efficient warehousing solutions to reduce their carbon footprints. Logistic providers are facing pressure from regulators and customers alike to introduce responsible environmental logistics solutions. In 2024, the World Health Organization (WHO) emphasized that clean logistics infrastructure mitigates the urban air pollution that directly correlates with the incidence of lower-respiratory-disease cases. This encourages the shift toward greener logistics networks in the interest of national climate and public health strategies.
Globalization and Supply Chain Resilience
The increased global trade necessitates that logistics providers address complex cross-border regulatory frameworks and risks of a geopolitical nature. The COVID-19 pandemic and geopolitical tensions caused supply chain disruptions, encouraging logistics providers to diversify their offerings and strengthen supply chains. The WTO’s 2024 Trade Outlook Report demonstrated that resilient supply chains are now a pillar of international trade policy.
Transportation Type Insights
In 2024, the roadways segment held a major share of the market. This is mainly due to strong infrastructure, flexible route networks, and high demand for intra-city deliveries. Road transport continues to play a crucial role in connecting rural and urban regions efficiently, especially for short-haul logistics. On the other hand, the waterways segment is expected to grow at the fastest rate in the coming years, driven by increasing global maritime trade and a push for low-emission shipping alternatives. Governments across Asia Pacific and Europe are investing in port modernization and inland waterway development, bolstering the segmental growth.
Logistics Type Insights
The second party segment led the market in 2024, as companies expanded strategic partnerships with carriers for enhanced control over transportation assets and routes. Meanwhile, the third party segment is projected to grow at the fastest rate during the projection period due to the rising demand for outsourced logistics solutions. Businesses are increasingly relying on 3PL providers for warehousing, distribution, and value-added services, allowing them to focus on core operations.
End User Insights
The industrial and manufacturing sector led the market with the largest share in 2024 and is anticipated to continue its growth trajectory in the upcoming period. The rising need for real-time inventory management in the manufacturing sector is likely to support segmental growth. The growing need to improve supply chain efficiency continues to boost logistics demand in the manufacturing sector. On the other hand, the healthcare sector is expected to grow at a significant rate during the forecast period, driven by the rising need for reliable, temperature-controlled logistics solutions for pharmaceutical products, such as vaccines and drugs. The growing focus on emergency preparedness has made logistics a vital enabler for healthcare delivery.
Asia Pacific dominated the logistics market with the largest share in 2024. This is mainly due to the increased manufacturing activities, volumes of export-import, and government initiatives aimed at enhancing trade corridors. The Asian Development Bank (ADB) 2024 report identifies projects such as the China-Europe Railway Express and India’s Dedicated Freight Corridors as major logistics drivers. The rapid shift toward digitization and multimodal transport networks further bolstered the regional market growth. The rise of e-commerce also influenced the market in the region.
North America is expected to witness the fastest growth in the coming years. This is mainly due to its well-developed logistics infrastructure, a high adoption of advanced technologies, and rising e-commerce activities. The US Department of Transportation’s 2024 Freight Analysis Framework report demonstrated growth in domestic freight tonnage to support the expansion of warehousing and distribution services. Logistic providers in the region are adopting advanced technologies, such as real-time tracking, predictive analytics, and route optimization solutions to streamline supply chain operations and reduce delivery delays.
Report Attribute | Key Statistics |
Market Revenue in 2025 | USD 11.23 Trillion |
Market Revenue by 2033 | USD 21.92 Trillion |
CAGR | 8.36% |
Quantitative Units | Revenue in USD million/billion, Volume in units |
Largest Market | North America |
Base Year | 2024 |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
By Transportation Type
By Logistics Type
By End User
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