Freight Logistics Market size to grow at a CAGR of 5.74% from 2022 to 2027; Increasing outsourcing in logistics to drive market growth -Technavio

NEW YORK, May 8, 2023 /PRNewswire/ — The freight logistics market is estimated to grow by USD 319.65 million from 2022 to 2027. However, the growth momentum will progress at a CAGR of 5.74% during the forecast period. The market is segmented by Type (Road, Maritime, Rail, and Air), End-user (Manufacturing, Automotive, Consumer goods, Food and beverage, and Others), and Geography (APAC, North America, Europe, Middle East and Africa, and South America). The market share growth by the road segment will be significant for the market growth during the forecast period. The paid process of carrying goods, cargo, and other things from one location to another using wheeled vehicles is known as freight transportation with the road being the largest segment of the global market and will continue to remain the same during the forecast period. Increasing outsourcing in logistics is a major driver for the market growth. The companies working on logistics are projected to invest more in digital and analytic technologies during the forecast period. It becomes increasingly difficult to differentiate between logistics companies from technology providers as they provide both logistics services to end-users and also use technology to provide better solutions for warehouse management, procurement, and other operational applications in the supply chain. Download a Sample Report in minutes!

Information Services Market Insights –

• Vendors: 15+, Including Agility Public Warehousing Co. K.S.C.P, C H Robinson Worldwide Inc., CJ Logistics Corp., CMA CGM SA, Deutsche Bahn AG, Deutsche Post AG, Dimerco Express Corp., DSV AS, Expeditors International of Washington Inc., FedEx Corp., Hellmann Worldwide Logistics SE and Co KG, Kerry Logistics Network Ltd., Kuehne Nagel Management AG, Lineage Logistics Holdings LLC, Manitoulin Group of Companies, Nippon Express Holdings Inc., Transporteca Aps, Uber Technologies Inc, United Parcel Service Inc., and Bollore SE, among others. 
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Type (Road, Maritime, Rail, and Air), End-user (Manufacturing, Automotive, Consumer goods, Food and beverage, and Others), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

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Freight logistics market – Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors including Agility Public Warehousing Co. K.S.C.P, C H Robinson Worldwide Inc., CJ Logistics Corp., CMA CGM SA, Deutsche Bahn AG, Deutsche Post AG, Dimerco Express Corp., DSV AS, Expeditors International of Washington Inc., FedEx Corp., Hellmann Worldwide Logistics SE and Co KG, Kerry Logistics Network Ltd., Kuehne Nagel Management AG, Lineage Logistics Holdings LLC, Manitoulin Group of Companies, Nippon Express Holdings Inc., Transporteca Aps, Uber Technologies Inc, United Parcel Service Inc., and Bollore SE.

Freight Logistics Market – Market Dynamics

Major Trends – 

The growing popularity of multimodal transportation is an emerging trend in the freight logistics market. Multiple modes of transportation are used by both intermodal and multimodal transportation but intermodal and multimodal are two different modes of transportation. Multimodal transportation is under a single contract, whereas intermodal transportation has multiple contracts with different carriers. Moreover, in a multimodal procedure, a single transport carrier is responsible for moving shipments in all different modes. Hence, such factors drive the market growth during the forecast period.

Key challenges – 

High infrastructure costs are a major challenge hindering market growth. To ship goods through intermodal transportation, a high investment in infrastructure is required, including the installation of gantry cranes and other heavy-duty cranes necessary to lift the containers at different ports while changing the mode of transport. For instance, whenever the container arrives at a seaport, it needs to be transferred on either a flatbed, rail, or truck. Hence, such challenges impede the market growth during the forecast period.

Drivers & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The freight logistics market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this Freight Logistics Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Freight Logistics Market between 2023 and 2027
• Precise estimation of the size of the Freight Logistics Market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Freight Logistics Market across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Freight Logistics Market vendors

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Related Reports:

The rail freight transportation market in North America is estimated to decline at a CAGR of 7.47% between 2022 and 2027. The size of the market is forecasted to decrease by USD 42.88 billion. This report extensively covers market segmentation by end-user (petroleum and chemical, coal, metals and minerals, agriculture products, and others), mode of transportation (freight cars, tank wagons, and intermodals), and geography (US, Canada, and Mexico). The low transportation cost of freight is notably driving the market growth.

The rail freight transportation market size in Europe is expected to increase by USD 5.29 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 1.36%. Furthermore, this report extensively covers rail freight transportation market in Europe segmentations by area (international and domestic) and geography (Germany, Poland, France, Italy, and Rest of Europe). The increasing investments in the market is notably driving the rail freight transportation market growth in Europe.

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Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global freight logistics market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Global freight logistics market 2017 – 2021 ($ million)

• 4.2 Type Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.3 End-User Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – End-User Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments
• Exhibit 30: Chart on Type – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type – Market share 2022-2027 (%)

• 6.2 Comparison by Type
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Road – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Road – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Road – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Road – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Road – Year-over-year growth 2022-2027 (%)

• 6.4 Maritime – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Maritime – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Maritime – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Maritime – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Maritime – Year-over-year growth 2022-2027 (%)

• 6.5 Rail – Market size and forecast 2022-2027 
• Exhibit 42: Chart on Rail – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Rail – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Rail – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Rail – Year-over-year growth 2022-2027 (%)

• 6.6 Air – Market size and forecast 2022-2027 
• Exhibit 46: Chart on Air – Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Air – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Air – Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Air – Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Type 
• Exhibit 50: Market opportunity by Type ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 51: Chart on End-user – Market share 2022-2027 (%)
• Exhibit 52: Data Table on End-user – Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 53: Chart on Comparison by End-user
• Exhibit 54: Data Table on Comparison by End-user

• 7.3 Manufacturing – Market size and forecast 2022-2027 
• Exhibit 55: Chart on Manufacturing – Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Manufacturing – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Manufacturing – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Manufacturing – Year-over-year growth 2022-2027 (%)

• 7.4 Automotive – Market size and forecast 2022-2027 
• Exhibit 59: Chart on Automotive – Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Automotive – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Automotive – Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Automotive – Year-over-year growth 2022-2027 (%)

• 7.5 Consumer goods – Market size and forecast 2022-2027 
• Exhibit 63: Chart on Consumer goods – Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Consumer goods – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Consumer goods – Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Consumer goods – Year-over-year growth 2022-2027 (%)

• 7.6 Food and beverage – Market size and forecast 2022-2027 
• Exhibit 67: Chart on Food and beverage – Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Food and beverage – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Food and beverage – Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Food and beverage – Year-over-year growth 2022-2027 (%)

• 7.7 Others – Market size and forecast 2022-2027 
• Exhibit 71: Chart on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by End-user 
• Exhibit 75: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 76: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 77: Chart on Market share by geography 2022-2027 (%)
• Exhibit 78: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 79: Chart on Geographic comparison
• Exhibit 80: Data Table on Geographic comparison

• 9.3 APAC – Market size and forecast 2022-2027 
• Exhibit 81: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.4 North America – Market size and forecast 2022-2027 
• Exhibit 85: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.5 Europe – Market size and forecast 2022-2027 
• Exhibit 89: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 93: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.7 South America – Market size and forecast 2022-2027 
• Exhibit 97: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027 
• Exhibit 101: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027 
• Exhibit 105: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 Japan – Market size and forecast 2022-2027 
• Exhibit 109: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.11 Germany – Market size and forecast 2022-2027 
• Exhibit 113: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 114: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 115: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 116: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.12 France – Market size and forecast 2022-2027 
• Exhibit 117: Chart on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 118: Data Table on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 119: Chart on France – Year-over-year growth 2022-2027 (%)
• Exhibit 120: Data Table on France – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 121: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 122: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 123: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 124: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 125: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 126: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 127: Matrix on vendor position and classification

• 12.3 Bollore SE
• Exhibit 128: Bollore SE – Overview
• Exhibit 129: Bollore SE – Business segments
• Exhibit 130: Bollore SE – Key offerings
• Exhibit 131: Bollore SE – Segment focus

• 12.4 CMA CGM SA
• Exhibit 132: CMA CGM SA – Overview
• Exhibit 133: CMA CGM SA – Business segments
• Exhibit 134: CMA CGM SA – Key news
• Exhibit 135: CMA CGM SA – Key offerings
• Exhibit 136: CMA CGM SA – Segment focus

• 12.5 Deutsche Bahn AG
• Exhibit 137: Deutsche Bahn AG – Overview
• Exhibit 138: Deutsche Bahn AG – Business segments
• Exhibit 139: Deutsche Bahn AG – Key offerings
• Exhibit 140: Deutsche Bahn AG – Segment focus

• 12.6 Deutsche Post AG
• Exhibit 141: Deutsche Post AG – Overview
• Exhibit 142: Deutsche Post AG – Business segments
• Exhibit 143: Deutsche Post AG – Key news
• Exhibit 144: Deutsche Post AG – Key offerings
• Exhibit 145: Deutsche Post AG – Segment focus

• 12.7 Dimerco Express Corp. 
• Exhibit 146: Dimerco Express Corp. – Overview
• Exhibit 147: Dimerco Express Corp. – Product / Service
• Exhibit 148: Dimerco Express Corp. – Key offerings

• 12.8 DSV AS
• Exhibit 149: DSV AS – Overview
• Exhibit 150: DSV AS – Business segments
• Exhibit 151: DSV AS – Key offerings
• Exhibit 152: DSV AS – Segment focus

• 12.9 Expeditors International of Washington Inc. 
• Exhibit 153: Expeditors International of Washington Inc. – Overview
• Exhibit 154: Expeditors International of Washington Inc. – Business segments
• Exhibit 155: Expeditors International of Washington Inc. – Key offerings
• Exhibit 156: Expeditors International of Washington Inc. – Segment focus

• 12.10 FedEx Corp.
• Exhibit 157: FedEx Corp. – Overview
• Exhibit 158: FedEx Corp. – Business segments
• Exhibit 159: FedEx Corp. – Key offerings
• Exhibit 160: FedEx Corp. – Segment focus

• 12.11 Hellmann Worldwide Logistics SE and Co KG 
• Exhibit 161: Hellmann Worldwide Logistics SE and Co KG – Overview
• Exhibit 162: Hellmann Worldwide Logistics SE and Co KG – Product / Service
• Exhibit 163: Hellmann Worldwide Logistics SE and Co KG – Key offerings

• 12.12 Kuehne Nagel Management AG 
• Exhibit 164: Kuehne Nagel Management AG – Overview
• Exhibit 165: Kuehne Nagel Management AG – Business segments
• Exhibit 166: Kuehne Nagel Management AG – Key offerings
• Exhibit 167: Kuehne Nagel Management AG – Segment focus

• 12.13 Manitoulin Group of Companies 
• Exhibit 168: Manitoulin Group of Companies – Overview
• Exhibit 169: Manitoulin Group of Companies – Product / Service
• Exhibit 170: Manitoulin Group of Companies – Key offerings

• 12.14 Nippon Express Holdings Inc. 
• Exhibit 171: Nippon Express Holdings Inc. – Overview
• Exhibit 172: Nippon Express Holdings Inc. – Business segments
• Exhibit 173: Nippon Express Holdings Inc. – Key offerings
• Exhibit 174: Nippon Express Holdings Inc. – Segment focus

• 12.15 Transporteca Aps
• Exhibit 175: Transporteca Aps – Overview
• Exhibit 176: Transporteca Aps – Product / Service
• Exhibit 177: Transporteca Aps – Key offerings

• 12.16 Uber Technologies Inc 
• Exhibit 178: Uber Technologies Inc – Overview
• Exhibit 179: Uber Technologies Inc – Business segments
• Exhibit 180: Uber Technologies Inc – Key offerings
• Exhibit 181: Uber Technologies Inc – Segment focus

• 12.17 United Parcel Service Inc. 
• Exhibit 182: United Parcel Service Inc. – Overview
• Exhibit 183: United Parcel Service Inc. – Business segments
• Exhibit 184: United Parcel Service Inc. – Key offerings
• Exhibit 185: United Parcel Service Inc. – Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 186: Inclusions checklist
• Exhibit 187: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 188: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 189: Research methodology
• Exhibit 190: Validation techniques employed for market sizing
• Exhibit 191: Information sources

• 13.5 List of abbreviations 
• Exhibit 192: List of abbreviations

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