Europe Logistics Market Report and Forecast 2024-2032

Europe Logistics Market Outlook

The Europe logistics market size was valued at USD 2353.88 billion in 2023. The market is further projected to grow at a CAGR of 5.4% between 2024 and 2032, reaching a value of USD 3793.04 billion by 2032.

Key Takeaways

• As per industry reports, the European transport sector consumes approximately 30% of the total energy used, and there is an increasing focus on sustainable transportation in the European market to ensure energy security and protect the environment.

• The Europe logistics market is a significant contributor to the region's economy, with the UK logistics sector alone contributing EUR 139 billion Gross Value Added (GVA) to the UK economy.

• The logistics sector is also adapting to changes in consumer behaviour, with online retail averaging 31.1% of retail sales in 2021, up from 19.2% in 2019.

The growth of e-commerce, particularly in the B2B and B2C segments, is driving demand for streamlined logistics and supply chain management solutions. For instance, Amazon, a leading e-commerce platform, has expanded its logistics network in Europe, including the establishment of new fulfilment centres. Additionally, the growth of advanced manufacturing, including electric vehicle (EV) and battery production, and pharmaceuticals is fuelling record levels of take-up from manufacturers. For example, Tesla, the leading EV manufacturer, has established a Gigafactory in Germany to produce batteries and EVs, requiring robust logistics support and can drive Europe logistics market growth.

The integration of technology, such as GPS trackers, RFID sensors, Bluetooth, and IoT for fleet connectivity and integrated logistics management, is enhancing decision-making and supply chain visibility. For example, DHL, a leading logistics provider, has implemented RFID technology to track and trace shipments, providing real-time visibility and improving operational efficiency. Big Data analytics further contribute to these advancements, offering flexibility to scale operations based on demand fluctuations and supporting seasonal peaks and market expansions.

The European Union is playing a pivotal role in shaping policies and regulations governing logistics activities, fostering a conducive environment for sustainable practices such as green logistics. Investments in transportation infrastructure, particularly in rail networks, are demonstrating a commitment to improving transportation networks and reducing carbon emissions. For instance, the European Union has launched the Trans-European Transport Network (TEN-T) policy to support the development of sustainable transportation infrastructure, including rail networks.

Market Segmentation

Europe Logistics Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Model Type

• 1 PL

• 2 PL

• 3 PL

• Others

Market Breakup by Transportation Mode

• Roadways

• Seaways

• Railways

• Airways

Market Breakup by End User

• Manufacturing

• Consumer Goods and Retail

• Food and Beverages

• IT Hardware and Telecom

• Healthcare

• Chemicals

• Construction

• Automotive

• Oil and Gas

• Others

Market Breakup by Country

• Germany

• United Kingdom

• France

• Italy

• Others

Competitive Landscape

Market players are centred around several key aspects, including sustainability, efficient transport networks, and technological advancements.

• FedEx Corporation 

• United Parcel Service, Inc. 

• Schenker AG 

• C.H. Robinson Worldwide Inc. 

• Deutsche Post AG 

• DSV A/S 

• CMA CGM Group (CEVA Logistics SA) 

• Kuehne + Nagel International AG

• Nippon Express Co., Ltd.

• Expeditors International of Washington, Inc. 

• Kintetsu World Express Inc.

• GXO Logistics, Inc.

• A.P. Møller – Mærsk A/S 

• Others

Key Highlights of the Report