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 increasing demand for streamlined supply chain operations, rapid expansion of e-commerce, and advances in digital technology, the global logistics market size is projected to further grow at a CAGR of 6.30% between 2025 and 2034, reaching a value of USD 20.74 trillion by 2034.

Logistics plays a crucial role in the efficient movement and storage of goods across supply chains. It encompasses various activities, including transportation, warehousing, inventory management, packaging, and order fulfilment. In today’s globalised environment, logistics is no longer a back-end function but a critical enabler of business competitiveness, particularly in sectors such as manufacturing, retail, healthcare, and e-commerce.

The logistics sector has witnessed transformative changes over the past decade, propelled by the integration of advanced technologies such as artificial intelligence (AI), Internet of Things (IoT), robotics, and blockchain. These innovations have significantly improved operational transparency, real-time tracking, route optimisation, and overall cost-efficiency. Moreover, the growing adoption of cloud-based logistics solutions and automation tools is further enhancing process agility and reducing manual intervention.

Logistics Market Size and Share

In 2024, the global logistics market achieved a value of USD 11.26 trillion, establishing itself as one of the most vital pillars of the global economy. The market’s expansive size can be attributed to the growing complexities of global trade networks, increased demand for just-in-time delivery models, and the rising importance of third-party logistics (3PL) service providers. North America, Asia Pacific, and Europe are currently the leading regional markets, with Asia Pacific commanding a significant market share due to the rapid industrialisation and high-volume trade flows in countries such as China, India, and Japan.

Furthermore, the booming e-commerce industry is reshaping logistics operations by placing greater emphasis on last-mile delivery and reverse logistics. As a result, logistics companies are increasingly investing in infrastructure, fleet expansion, and technological upgrades to cater to the surging volume of small parcel shipments and dynamic consumer expectations.

Take advantage of a free, no-obligation sample report -  https://www.expertmarketresearch.com/reports/logistics-market/requestsample

Logistics Market Trends

Several key trends are shaping the global logistics market landscape. Firstly, the rise of e-commerce is driving innovation in last-mile delivery, with companies exploring options such as autonomous delivery vehicles, drones, and micro-fulfilment centres to ensure timely deliveries. Secondly, the adoption of digital freight platforms is revolutionising how freight is booked, priced, and managed, fostering greater transparency and efficiency.

Sustainability has also emerged as a significant trend, as stakeholders in the logistics sector face increasing pressure to reduce their carbon footprint. The integration of electric vehicles (EVs), route optimisation software, and green warehousing solutions is gaining traction to support eco-friendly logistics operations. Additionally, predictive analytics and AI-powered decision-making tools are being deployed to forecast demand, manage inventory levels, and optimise logistics workflows.

Drivers of Growth

The global logistics market is experiencing robust growth due to several driving factors. One of the primary drivers is the exponential growth of e-commerce, which has accelerated the need for flexible, scalable, and customer-centric logistics solutions. As consumers increasingly demand faster and more convenient deliveries, logistics providers are expanding their networks and adopting innovative delivery models.

Another major growth driver is globalisation and the expansion of international trade. Businesses are increasingly sourcing raw materials and distributing finished products across multiple geographies, thereby necessitating sophisticated logistics services to manage cross-border transportation, customs clearance, and regulatory compliance.

In addition, government initiatives and investments in infrastructure development, such as highways, railways, and port facilities, are bolstering logistics efficiency. Public-private partnerships and policy reforms in emerging economies are improving the logistics ecosystem and attracting foreign investments.

Technology and Advancements

Technological advancement is at the forefront of the logistics market’s evolution. The deployment of AI and machine learning algorithms is enabling predictive maintenance, demand forecasting, and route optimisation, thereby improving operational accuracy and customer satisfaction. The integration of IoT devices allows real-time tracking of goods, vehicle health monitoring, and smart warehousing capabilities.

Blockchain technology is being explored for enhancing transparency, security, and traceability in the supply chain. By offering a decentralised ledger, blockchain can reduce fraud, expedite documentation, and ensure authenticity in logistics transactions.

Furthermore, robotics and automation are transforming warehouse management. Automated guided vehicles (AGVs), robotic arms, and conveyor systems are accelerating order picking and packing processes, reducing labour costs, and improving safety. Augmented reality (AR) tools are also being used for training, navigation, and inventory identification within warehouses.

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 robust growth trajectory, the global logistics market faces several challenges. Rising fuel costs, labour shortages, supply chain disruptions, and regulatory hurdles can hamper logistics operations and increase service costs. Geopolitical tensions, trade wars, and port congestions also pose risks to the smooth flow of goods.

Moreover, the lack of standardisation and fragmented regulatory frameworks across countries can lead to inefficiencies and delays in international logistics operations. Data security and cybersecurity threats further add to the concerns, particularly with the growing reliance on digital systems.

However, these challenges also present opportunities for innovation and improvement. The growing demand for sustainable logistics solutions opens avenues for developing EV fleets, renewable energy-powered warehouses, and carbon offsetting programs. The increasing use of big data analytics and cloud computing can provide actionable insights and real-time visibility across the logistics value chain.

Additionally, the adoption of 3PL and 4PL services is expected to rise as companies seek to focus on their core competencies while outsourcing complex logistics operations. Emerging markets in Asia, Latin America, and Africa offer substantial growth opportunities due to rising disposable incomes, infrastructure development, and increasing consumption.

Logistics Market Forecast

The global logistics market is set for sustained growth over the forecast period of 2025-2034. Driven by technological innovation, e-commerce expansion, and the need for agile supply chain networks, the market is projected to grow at a CAGR of 6.30%, reaching a value of USD 20.74 trillion by 2034.

As businesses continue to prioritise speed, cost-efficiency, and customer satisfaction, logistics providers will be expected to offer end-to-end solutions with greater transparency and reliability. The integration of AI, automation, and green technologies will be instrumental in shaping the future of logistics, making the sector more resilient, responsive, and sustainable.

Media Contact:

Company Name: Claight Corporation
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: C-130 Sector 2 Noida, Uttar Pradesh 201301
Website: https://www.expertmarketresearch.com
LinkedIn:- https://www.linkedin.com/company/expert-market-research