Warehousing and Distribution Logistics Market Set to Achieve a Valuation of US$ 25,788.7 Billion by 2031
By end use, the healthcare segment is expected to register a significant growth during the forecast period.
Rise in acceptance of multimodal transport system and surge in penetration of e-commerce tools across the globe will boost the growth of the global warehousing and distribution logistics market.
”
WILMINGTON, NEW CASTLE, DE, UNITED STATES, October 30, 2024 /EINPresswire.com/ -- The global Warehousing and Distribution Logistics Market was valued at $12,019 billion in 2021, and is projected to reach $25,788.7 billion by 2031, growing at a CAGR of 7.7% from 2022 to 2031. Rise in acceptance of multimodal transport system and surge in penetration of e-commerce tools across the globe will boost the growth of the global warehousing and distribution logistics market. Furthermore, breakthroughs in last-mile delivery mechanism in retail & e-commerce sector will boost the global market trends. Nevertheless, lack of control of logistics manufacturers on service delivery of logistics can impede the growth of the global market. However, increase in tech-driven warehousing & logistics services, surge in demand for refrigerated warehouses, and minimization of lead time owing to acceptance of multi-modal systems will open new growth opportunities for the global market.— Allied Market Research
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐๐ - 424 ๐๐๐ ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/request-sample/A11526
Warehousing and distribution logistics market size is segmented basis of end use, business type, mode of operation, type and region. By end use, it is divided into healthcare, manufacturing, aerospace, telecommunication, government and public utilities, banking and financial services, retail, media and entertainment, trade and transportation and others. By business type, it is divided into warehouse, distribution, and value-added services. By mode of operation, it is segmented into storage, roadways distribution, seaways distribution, and others. By type, it is divided into solution, and services. By region, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.
On basis of business type, the distribution segment contributed to the highest market share in 2021, accounting for nearly three-fifths of the global warehousing and distribution logistics market share. Furthermore, the same segment is anticipated to dominate the market growth over the forecast period. In addition, the distribution segment is predicted to record the highest CAGR of 8.3% over the forecast period. The growth of the segment over the forecast timeline can be attributed to escalating demand for procuring raw materials and handing them over to manufacturers for production. The report also includes other segments such as Warehouse and Value added services.
๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/warehousing-and-distribution-logistics-market/purchase-options
In 2021, Asia-Pacific is dominating the market in terms of revenue, followed by North America, Europe, and LAMEA. U.S. and China dominated the warehousing and distribution logistics market in 2021. The booming e-commerce industry in these economies is expected to drive the growth of the market. In addition, increased adoption of outsourced logistics services in the region is driving the growth of the market in Asia-Pacific. Moreover, high government support for development of logistics infrastructure in the region is also boosting the market growth.
In terms of mode of operation, the storage segment contributed to the highest market share in 2021, accounting for nearly one-third of the global warehousing and distribution logistics market share. Moreover, the same segment is set to make notable contributions toward the global market share in 2031. The growth of the segment over the forecast timeline can be credited to surging need for maximizing productivity and delivery reliability. However, the seaways distribution segment is predicted to register the fastest CAGR of 8.5% during the forecast timeline. The segmental growth over the forecast timeframe can be attributed to increase in demand for cost-efficient transport facilities such as ships for the movement of bulk goods.
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐
๐๐๐ฆ๐๐๐๐ฉ๐ญ, ๐๐๐๐ ๐๐๐๐๐๐๐๐๐, ๐๐ ๐๐๐ง๐ญ๐ฎ๐ซ๐ฒ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ, ๐๐ ๐๐๐ก๐๐ง๐ค๐๐ซ, ๐๐ฎ๐ฌ๐๐ง ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ, ๐๐๐ ๐๐จ๐ซ๐ฉ, ๐๐ข๐จ๐ง๐ ๐๐๐ฆ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ, ๐๐๐ ๐๐ญ๐, ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐ ๐๐จ๐ฌ๐ญ, ๐๐๐ก ๐๐ซ๐จ๐ฎ๐ฉ, ๐๐๐๐๐๐๐, ๐๐๐ฉ๐ฉ๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ, ๐๐ฎ๐๐ก๐ง๐ + ๐๐๐ ๐๐ฅ, ๐๐๐ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐๐ก๐๐ข๐ง, ๐๐๐ซ๐ซ๐ฒ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎโ๐ซ๐ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/A11526
The prominent key factors that drive the growth of the warehousing and distribution logistics market are increase in demand for warehousing and distribution logistics in e-commerce industry, increase in demand for refrigerated warehouses, and emergence of last mile deliveries coupled with logistics automation. The market economy is also responsible for the growth of the market. Countries such as China, India, Brazil, and South Africa are developing economies. Thus, the logistics sector witnesses prominent growth in these countries, which is expected to provide lucrative opportunities for the market. Also, in some undeveloped countries, there is an increase in the freight forwarding services, which is expected to boost the warehousing and distribution logistics market.
By Region, Asia-Pacific contributed notably toward the global warehousing and distribution logistics market share in 2021, and is projected to continue its dominance during the forecast period. The region accounted for one-third of the global warehousing and distribution logistics market share in 2021. In addition, the Asia-Pacific warehousing and distribution logistics market is set to record the highest CAGR of 9.3% during 2022-2031. The growth of the market in the region over the forecast timespan can be credited to constant government support for development of logistics infrastructure in the region. The report also includes other regions such as LAMEA, North America, and Europe.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A11526
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
By end use, the healthcare segment is expected to register a significant growth during the forecast period.
By business type, the distribution segment is projected to lead the global warehousing and distribution logistics market
By mode of operation, the seaways distribution segment is projected to lead the global warehousing and distribution logistics market
By type, the solution segment is projected to lead the global warehousing and distribution logistics market
Region-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Green Logistics Market - https://www.alliedmarketresearch.com/green-logistics-market-A84427
Energy Logistics Market - https://www.alliedmarketresearch.com/energy-logistics-market-A07811
Retail Logistics Marketย - https://www.alliedmarketresearch.com/retail-logistics-market-A13915
David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.