Press release
Logistics Market to generate strong growth by 2015-2021
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Rising globalization and reduction of the trade barriers are supporting the growth of logistics market. Additionally, growing trend towards online shopping along with technological advancement in transaction, communication and new product development fuels the growth of this market. Adoption of advance tracking system for delivery such as GPS, bar code system, RFID by the logistics providers for tracking application stimulates the market growth. However, stringent regulations led by government in particular regions to defend the domestic industries and local shopkeepers may inhibit the growth of logistics market.
In order to give comprehensive view on the logistics market we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the logistics market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.
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The logistics market can be segmented on the basis of transport into waterways transport, road transport, air transport and rail transport. Road and rail transport infrastructure are the most significant segments of logistics market. Logistics has numerous applications in retail, media and entertainment, telecommunication, banking and financial services, information technology and manufacturing sectors among others.
North America and Europe are the leading markets for the logistics industry owing to developed logistics sector and presence of major key players. Asia Pacific is expected to exhibit fastest growth for the logistics market. This mainly contributed to growing outsourcing trend of MNCs particularly in India and escalating demand for online shopping. Latin America, Middle East and Africa are likely to experience decent growth in forecast period.
The logistics market is competitive due to presence of large players in the market space. Some of the major participants in the logistics market include United Parcel Service, Inc., FedEx Corporation, DHL Express, Changan Minsheng APLL Logistics Co. Ltd, Orient Overseas Ltd, China Ocean Shipping Company, TNT Express N.V., Jiangsu Aucksun Co. Ltd., Shenzhen Feima International Supply Chain Co. Ltd., Kuehne-Nagel, Inc and Sinotrans Limited among others.
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The report segments of the logistics market into:
Logistics Market: Transport Segment Analysis
Waterways transport
Road transport
Air transport
Rail transport
Logistics Market: Application Segment Analysis
Retail
Media and entertainment
Telecommunication
Banking and financial services
Information technology
Manufacturing
Others.
Logistics Market: Regional Segment Analysis
North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East & Africa
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