Global Logistics Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2024-2032)

Logistics Market Share

Market Analysis by Model Type

The market is segmented into three primary models: 1PL (first party logistics), 2PL (second party logistics), and 3PL (third party logistics). 1PL refers to companies that manage their own logistics operations without outsourcing. This model is common among large manufacturers and retailers, such as Coca-Cola, which operates its own fleet and distribution centers to control the supply chain effectively. By handling logistics internally, these companies can streamline operations and reduce costs. 2PL involves transportation service providers that do not handle warehousing or inventory management. Companies like FedEx and UPS exemplify this model by offering freight and shipping services for goods. They focus on the transportation aspect, allowing businesses to rely on specialised carriers for efficient delivery without managing the entire supply chain. 3PL providers have the highest share in logistics market offer comprehensive logistics solutions, including transportation, warehousing, and inventory management. For example, DHL Supply Chain and XPO Logistics provide end-to-end supply chain services, allowing businesses to outsource their logistics functions. This model is increasingly popular as companies seek to enhance efficiency and focus on core business activities.

Market Analysis by Transportation Mode

Roadways, with their extensive reach and cost-effective nature, hold a significant market share. FedEx and UPS rely heavily on road transportation for their last-mile delivery services, ensuring efficient and timely delivery of packages to customers' doorsteps. The flexibility and accessibility of roadways make them a preferred choice for transporting goods.

Seaways, characterised by their ability to transport large volumes of goods over long distances, are experiencing notable growth in the logistics market. The expansion of trade routes, such as the Panama Canal, has facilitated faster and more cost-effective transportation of goods between continents. 

Meanwhile, while air transportation is costlier than other modes, its ability to reduce transit times significantly makes it indispensable for industries requiring expedited logistics services. DHL Express and FedEx Express leverage air transportation to deliver time-sensitive, high-value, and urgent shipments worldwide within tight deadlines.

Market Analysis by End User

In the food and beverages sector, efficient and timely transportation is crucial due to the perishable nature of goods. Temperature-controlled transportation and adherence to food safety regulations are essential in this sector to preserve product integrity throughout the supply chain.

In the IT hardware and telecom sector, logistics services must cater to delicate and high-value equipment like computers, servers, and networking devices. UPS, FedEx, and DB Schenker offer tailored solutions for the transportation and distribution of IT hardware and telecom products, incorporating advanced tracking systems and secure packaging to prevent damage.

As per logistics market analysis, the healthcare industry also relies heavily on efficient logistics for the transportation of pharmaceuticals, medical devices, and equipment. Companies such as UPS Healthcare, DHL Life Sciences, and Kuehne + Nagel specialise in healthcare logistics, providing services like cold chain management and regulatory compliance to ensure the safe and timely delivery of critical medical supplies.

In the chemicals sector, logistics providers like CMA CGM, CEVA Logistics, and DHL Chemicals offer expertise in handling hazardous materials, ensuring compliance with international regulations and safety standards. Effective risk management strategies, including proper labeling, packaging, and handling protocols, are essential to mitigate potential hazards and ensure the safe transportation of chemicals.

Logistics Market Report Snapshots

Logistics Market Size

Logistics Market Share

Logistics Market Growth

Logistics Market Trends

Logistics Market Regional Analysis

Logistics Companies