Logistics Market Size, Growth and Report | 2025-2034

Logistics Market Outlook

According to the report by Expert Market Research (EMR), the global logistics market attained a value of USD 11.26 trillion in 2024. Aided by the rapid expansion of e-commerce, technological advancements in transportation and supply chain management, and the growing demand for efficient goods movement across various sectors, the logistics market is projected to grow at a CAGR of 6.30% during the forecast period of 2025-2034, reaching an estimated value of USD 20.74 trillion by 2034.

Logistics encompasses the comprehensive planning, implementation, and control of the movement and storage of goods, services, and information from the point of origin to the point of consumption. It plays a crucial role in supply chain management and includes a wide array of services such as transportation, warehousing, inventory management, freight forwarding, packaging, and security.

Market Size and Share

The global logistics market, valued at over USD 11 trillion in 2024, holds a significant share in the overall global trade and economic ecosystem. The market size reflects the integral role logistics plays across diverse sectors including manufacturing, retail, automotive, healthcare, agriculture, and technology. Asia Pacific holds the largest market share due to the presence of major manufacturing hubs in countries like China, India, and Japan, coupled with significant investments in infrastructure and digital transformation. North America and Europe follow closely, supported by advanced transportation networks, technological innovations, and established global trade routes.

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Logistics Market Trends

Several emerging trends are shaping the global logistics market. One of the most notable is the rapid digitalisation of logistics operations. The integration of technologies such as artificial intelligence (AI), the Internet of Things (IoT), robotics, and blockchain is enhancing transparency, efficiency, and real-time tracking across the supply chain. AI and predictive analytics are increasingly being used for demand forecasting and route optimisation, while IoT-enabled sensors provide data on cargo conditions and vehicle status.

Another prominent trend is the growing emphasis on sustainable and green logistics. With the rising pressure to reduce carbon emissions and meet environmental targets, logistics providers are adopting electric and alternative fuel vehicles, eco-friendly packaging solutions, and optimised delivery routes to lower their environmental footprint. Furthermore, the shift towards omnichannel retailing and last-mile delivery solutions is redefining logistics operations, compelling companies to innovate faster, particularly in urban and congested areas.

Drivers of Growth

The global logistics market is being propelled by a combination of macroeconomic and industry-specific drivers. Chief among them is the surge in e-commerce activities. The exponential growth of online shopping platforms across developed and developing economies has led to increased demand for efficient order fulfilment, inventory management, and timely delivery services. This, in turn, has created immense opportunities for logistics service providers to expand their operations and infrastructure.

Additionally, globalization and the expansion of international trade have significantly contributed to market growth. Cross-border transactions and the increasing movement of goods across regions necessitate sophisticated logistics networks that can handle complex customs regulations, diverse transportation modes, and multi-country supply chains.

Another key driver is the proliferation of third-party logistics (3PL) and fourth-party logistics (4PL) services. Businesses across industries are increasingly outsourcing their logistics functions to specialized service providers to streamline operations, reduce costs, and focus on their core competencies. This trend has further boosted the demand for integrated logistics solutions and end-to-end supply chain management services.

Technology and Advancement

Technological innovation remains a cornerstone of the logistics sector’s transformation. Automation, robotics, and AI are reshaping warehouse and inventory management. Autonomous mobile robots (AMRs) are being deployed in large warehouses to enhance picking accuracy and reduce labour dependency, while automated storage and retrieval systems (AS/RS) are being used to optimise storage capacity and improve operational efficiency.

Moreover, real-time tracking and advanced fleet management systems are enabling logistics companies to monitor vehicle movement, improve delivery timelines, and reduce fuel consumption. The adoption of blockchain technology is also gaining traction as it ensures secure, transparent, and tamper-proof documentation and transactions across the logistics value chain.

Cloud-based logistics platforms are facilitating seamless communication between stakeholders, enabling real-time data sharing and visibility. The integration of big data analytics is allowing companies to predict trends, assess risks, and make informed decisions for more agile and responsive logistics operations.

Logistics Market Segmentation

The market can be divided based on model type, transpiration mode, end use and region.

Key Players

Some of the major players explored in the report by Expert Market Research are as follows

• FedEx Corporation
• United Parcel Service, Inc.
• Schenker AG
• C.H. Robinson Worldwide Inc.
• Deutsche Post AG
• Evri Limited
• DSV A/S
• CMA CGM Group (CEVA Logistics SA)
• Kuehne + Nagel International AG
• Nippon Express Co., Ltd.
• XPO, Inc.
• Expeditors International of Washington, Inc.
• Kintetsu World Express Inc.
• GXO Logistics, Inc.
• A.P. Møller – Mærsk A/S
• TSI Group Inc.
• Others

Challenges and Opportunities

Despite its positive growth trajectory, the logistics market faces several challenges. Rising fuel prices, regulatory complexities, labour shortages, and infrastructure constraints remain key hurdles for logistics providers. Additionally, geopolitical tensions and disruptions such as the COVID-19 pandemic and the Russia-Ukraine conflict have highlighted the vulnerabilities in global supply chains, underscoring the need for more resilient and flexible logistics systems.

Cybersecurity is another growing concern, as increasing reliance on digital platforms and cloud technologies exposes logistics operations to potential cyber threats and data breaches. Ensuring the security and integrity of sensitive logistics information is crucial to maintaining trust and operational continuity.

Nonetheless, the market is replete with opportunities. The growing emphasis on supply chain resilience and risk management presents significant potential for logistics firms to offer value-added services such as contingency planning, alternative sourcing, and multi-modal logistics solutions. The rising demand for cold chain logistics, especially in the pharmaceutical and food sectors, offers another lucrative growth avenue, driven by the need for temperature-controlled storage and transportation.

Furthermore, the untapped potential in emerging markets across Africa, Latin America, and Southeast Asia provides substantial opportunities for logistics expansion, supported by improving infrastructure, growing consumer demand, and favourable trade policies.

Logistics Market Forecast

Looking ahead, the global logistics market is expected to maintain robust growth over the forecast period, driven by continued digital transformation, expanding global trade, and increasing demand for agile and customer-centric logistics solutions. The market is projected to grow at a compound annual growth rate (CAGR) of 6.30% from 2025 to 2034, ultimately reaching a value of USD 20.74 trillion by 2034.

Key areas poised for growth include last-mile delivery services, green logistics, autonomous transportation, and integrated logistics platforms that offer end-to-end visibility and control. Investments in smart infrastructure, public-private partnerships, and supportive government policies aimed at enhancing trade and transport efficiency will further support market expansion.