The Global Freight Logistics Market Size is estimated to register 5.1% growth over the forecast period from 2023 to 2030
The market growth is driven by the increasingly rapid expansion of e-commerce has led to increased demand for efficient and fast freight logistics services to support the movement of goods from manufacturers to consumers. Leading companies that are focusing on Technological Advancements, E-commerce Growth, Sustainability Green Logistics, Urban Logistics, Global Trade Dynamics, and others to boost market shares in the industry.
The freight logistics market is a critical global industry, facilitating the transportation of goods through various modes and encompassing warehousing, distribution, and supply chain management services. Key drivers include e-commerce growth, technology integration, sustainability efforts, and globalization, with challenges stemming from infrastructure limitations, labor shortages, and supply chain disruptions. The market's substantial size and ongoing growth vary by region and are shaped by economic factors, making it a complex but essential component of the global economy.
E-commerce growth has profoundly impacted the freight logistics market, driving increased demand for efficient last-mile delivery solutions, expanded warehousing facilities, and complex supply chain management. This surge in e-commerce has prompted logistics providers to integrate advanced technologies, like real-time tracking and route optimization, to remain competitive. It has also led to sustainability concerns and the development of urban logistics solutions to address environmental and congestion challenges.
Data analytics is in high demand within the freight logistics market as it offers essential tools for optimizing operations, reducing costs, and improving decision-making. With the growing need for real-time tracking and supply chain visibility, logistics companies are increasingly relying on data analytics to gain insights, enhance efficiency, optimize routes, manage inventory, and deliver better customer service. This technology has become indispensable in meeting the evolving demands of the industry, making it a critical component for logistics providers and shippers to stay competitive.
ELD (Electronic Logging Device) mandates have significantly impacted the freight logistics market by improving compliance with hours-of-service regulations, enhancing efficiency through automated recordkeeping, and providing real-time data for better fleet management and scheduling. However, their implementation requires upfront investments and may lead to market consolidation as smaller operators face challenges in compliance.
The Global Freight Logistics Market is analyzed across Health care, Pharmaceutical, Chemicals, Automotive, Oil and Gas, Construction, Telecommunications, and others. Of these, Health care is poised to register significant growth. Healthcare in the freight logistics market focuses on ensuring the well-being and safety of the workforce involved in transporting goods. This includes addressing physical and mental health challenges, complying with safety regulations, and providing healthcare benefits. The COVID-19 pandemic underscored the importance of health and safety measures in logistics, emphasizing the need for sanitization and protective measures.
The Global Freight Logistics Market is analyzed across a wide range of services including Transportation, Inventory Management, Warehousing, Packaging, Distribution, Customs Clearance, and others. Of these, Transportation held a significant market share in 2023. Transportation is central to the freight logistics market, involving the movement of goods through various modes like road, rail, sea, air, and intermodal transport. It facilitates efficient cargo delivery, with each mode serving specific purposes, such as road for flexibility, rail for long distances, maritime for international trade, and air for quick, high-value shipments.
By Type
By End-User
By Service
By Region
* List not exhaustive
Freight Logistics Market Outlook 2023
1 Market Overview
1.1 Introduction to the Freight Logistics Market
1.2 Scope of the Study
1.3 Research Objective
1.3.1 Key Market Scope and Segments
1.3.2 Players Covered
1.3.3 Years Considered
2 Executive Summary
2.1 2023 Freight Logistics Industry- Market Statistics
3 Market Dynamics
3.1 Market Drivers
3.2 Market Challenges
3.3 Market Opportunities
3.4 Market Trends
4 Market Factor Analysis
4.1 Porter’s Five Forces
4.2 Market Entropy
4.2.1 Global Freight Logistics Market Companies with Area Served
4.2.2 Products Offerings Global Freight Logistics Market
5 COVID-19 Impact Analysis and Outlook Scenarios
5.1.1 Covid-19 Impact Analysis
5.1.2 post-COVID-19 Scenario- Low Growth Case
5.1.3 post-COVID-19 Scenario- Reference Growth Case
5.1.4 post-COVID-19 Scenario- Low Growth Case
6 Global Freight Logistics Market Trends
6.1 Global Freight Logistics Revenue (USD Million) and CAGR (%) by Type (2018-2030)
6.2 Global Freight Logistics Revenue (USD Million) and CAGR (%) by Applications (2018-2030)
6.3 Global Freight Logistics Revenue (USD Million) and CAGR (%) by regions (2018-2030)
7 Global Freight Logistics Market Revenue (USD Million) by Type, and Applications (2018-2022)
7.1 Global Freight Logistics Revenue (USD Million) by Type (2018-2022)
7.1.1 Global Freight Logistics Revenue (USD Million), Market Share (%) by Type (2018-2022)
7.2 Global Freight Logistics Revenue (USD Million) by Applications (2018-2022)
7.2.1 Global Freight Logistics Revenue (USD Million), Market Share (%) by Applications (2018-2022)
8 Global Freight Logistics Development Regional Status and Outlook
8.1 Global Freight Logistics Revenue (USD Million) By Regions (2018-2022)
8.2 North America Freight Logistics Revenue (USD Million) by Type, and Application (2018-2022)
8.2.1 North America Freight Logistics Revenue (USD Million) by Country (2018-2022)
8.2.2 North America Freight Logistics Revenue (USD Million) by Type (2018-2022)
8.2.3 North America Freight Logistics Revenue (USD Million) by Applications (2018-2022)
8.3 Europe Freight Logistics Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)
8.3.1 Europe Freight Logistics Revenue (USD Million), by Country (2018-2022)
8.3.2 Europe Freight Logistics Revenue (USD Million) by Type (2018-2022)
8.3.3 Europe Freight Logistics Revenue (USD Million) by Applications (2018-2022)
8.4 Asia Pacific Freight Logistics Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)
8.4.1 Asia Pacific Freight Logistics Revenue (USD Million) by Country (2018-2022)
8.4.2 Asia Pacific Freight Logistics Revenue (USD Million) by Type (2018-2022)
8.4.3 Asia Pacific Freight Logistics Revenue (USD Million) by Applications (2018-2022)
8.5 South America Freight Logistics Revenue (USD Million), by Type, and Applications (2018-2022)
8.5.1 South America Freight Logistics Revenue (USD Million), by Country (2018-2022)
8.5.2 South America Freight Logistics Revenue (USD Million) by Type (2018-2022)
8.5.3 South America Freight Logistics Revenue (USD Million) by Applications (2018-2022)
8.6 Middle East and Africa Freight Logistics Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)
8.6.1 Middle East and Africa Freight Logistics Revenue (USD Million) by Country (2018-2022)
8.6.2 Middle East and Africa Freight Logistics Revenue (USD Million) by Type (2018-2022)
8.6.3 Middle East and Africa Freight Logistics Revenue (USD Million) by Applications (2018-2022)
9 Company Profiles
10 Global Freight Logistics Market Revenue (USD Million), by Type, and Applications (2023-2030)
10.1 Global Freight Logistics Revenue (USD Million) and Market Share (%) by Type (2023-2030)
10.1.1 Global Freight Logistics Revenue (USD Million), and Market Share (%) by Type (2023-2030)
10.2 Global Freight Logistics Revenue (USD Million) and Market Share (%) by Applications (2023-2030)
10.2.1 Global Freight Logistics Revenue (USD Million), and Market Share (%) by Applications (2023-2030)
11 Global Freight Logistics Development Regional Status and Outlook Forecast
11.1 Global Freight Logistics Revenue (USD Million) By Regions (2023-2030)
11.2 North America Freight Logistics Revenue (USD Million) by Type, and Applications (2023-2030)
11.2.1 North America Freight Logistics Revenue (USD) Million by Country (2023-2030)
11.2.2 North America Freight Logistics Revenue (USD Million), by Type (2023-2030)
11.2.3 North America Freight Logistics Revenue (USD Million), Market Share (%) by Applications (2023-2030)
11.3 Europe Freight Logistics Revenue (USD Million), by Type, and Applications (2023-2030)
11.3.1 Europe Freight Logistics Revenue (USD Million), by Country (2023-2030)
11.3.2 Europe Freight Logistics Revenue (USD Million), by Type (2023-2030)
11.3.3 Europe Freight Logistics Revenue (USD Million), by Applications (2023-2030)
11.4 Asia Pacific Freight Logistics Revenue (USD Million) by Type, and Applications (2023-2030)
11.4.1 Asia Pacific Freight Logistics Revenue (USD Million), by Country (2023-2030)
11.4.2 Asia Pacific Freight Logistics Revenue (USD Million), by Type (2023-2030)
11.4.3 Asia Pacific Freight Logistics Revenue (USD Million), by Applications (2023-2030)
11.5 South America Freight Logistics Revenue (USD Million), by Type, and Applications (2023-2030)
11.5.1 South America Freight Logistics Revenue (USD Million), by Country (2023-2030)
11.5.2 South America Freight Logistics Revenue (USD Million), by Type (2023-2030)
11.5.3 South America Freight Logistics Revenue (USD Million), by Applications (2023-2030)
11.6 Middle East and Africa Freight Logistics Revenue (USD Million), by Type, and Applications (2023-2030)
11.6.1 Middle East and Africa Freight Logistics Revenue (USD Million), by region (2023-2030)
11.6.2 Middle East and Africa Freight Logistics Revenue (USD Million), by Type (2023-2030)
11.6.3 Middle East and Africa Freight Logistics Revenue (USD Million), by Applications (2023-2030)
12 Methodology and Data Sources
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Sources
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Disclaimer
List of Tables
Table 1 Market Segmentation Analysis
Table 2 Global Freight Logistics Market Companies with Areas Served
Table 3 Products Offerings Global Freight Logistics Market
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Freight Logistics Revenue (USD Million) And CAGR (%) By Type (2018-2030)
Table 8 Global Freight Logistics Revenue (USD Million) And CAGR (%) By Applications (2018-2030)
Table 9 Global Freight Logistics Revenue (USD Million) And CAGR (%) By Regions (2018-2030)
Table 10 Global Freight Logistics Revenue (USD Million) By Type (2018-2022)
Table 11 Global Freight Logistics Revenue Market Share (%) By Type (2018-2022)
Table 12 Global Freight Logistics Revenue (USD Million) By Applications (2018-2022)
Table 13 Global Freight Logistics Revenue Market Share (%) By Applications (2018-2022)
Table 14 Global Freight Logistics Market Revenue (USD Million) By Regions (2018-2022)
Table 15 Global Freight Logistics Market Share (%) By Regions (2018-2022)
Table 16 North America Freight Logistics Revenue (USD Million) By Country (2018-2022)
Table 17 North America Freight Logistics Revenue (USD Million) By Type (2018-2022)
Table 18 North America Freight Logistics Revenue (USD Million) By Applications (2018-2022)
Table 19 Europe Freight Logistics Revenue (USD Million) By Country (2018-2022)
Table 20 Europe Freight Logistics Revenue (USD Million) By Type (2018-2022)
Table 21 Europe Freight Logistics Revenue (USD Million) By Applications (2018-2022)
Table 22 Asia Pacific Freight Logistics Revenue (USD Million) By Country (2018-2022)
Table 23 Asia Pacific Freight Logistics Revenue (USD Million) By Type (2018-2022)
Table 24 Asia Pacific Freight Logistics Revenue (USD Million) By Applications (2018-2022)
Table 25 South America Freight Logistics Revenue (USD Million) By Country (2018-2022)
Table 26 South America Freight Logistics Revenue (USD Million) By Type (2018-2022)
Table 27 South America Freight Logistics Revenue (USD Million) By Applications (2018-2022)
Table 28 Middle East and Africa Freight Logistics Revenue (USD Million) By Region (2018-2022)
Table 29 Middle East and Africa Freight Logistics Revenue (USD Million) By Type (2018-2022)
Table 30 Middle East and Africa Freight Logistics Revenue (USD Million) By Applications (2018-2022)
Table 31 Financial Analysis
Table 32 Global Freight Logistics Revenue (USD Million) By Type (2023-2030)
Table 33 Global Freight Logistics Revenue Market Share (%) By Type (2023-2030)
Table 34 Global Freight Logistics Revenue (USD Million) By Applications (2023-2030)
Table 35 Global Freight Logistics Revenue Market Share (%) By Applications (2023-2030)
Table 36 Global Freight Logistics Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)
Table 37 North America Freight Logistics Revenue (USD)By Country (2023-2030)
Table 38 North America Freight Logistics Revenue (USD Million) By Type (2023-2030)
Table 39 North America Freight Logistics Revenue (USD Million) By Applications (2023-2030)
Table 40 Europe Freight Logistics Revenue (USD Million) By Country (2023-2030)
Table 41 Europe Freight Logistics Revenue (USD Million) By Type (2023-2030)
Table 42 Europe Freight Logistics Revenue (USD Million) By Applications (2023-2030)
Table 43 Asia Pacific Freight Logistics Revenue (USD Million) By Country (2023-2030)
Table 44 Asia Pacific Freight Logistics Revenue (USD Million) By Type (2023-2030)
Table 45 Asia Pacific Freight Logistics Revenue (USD Million) By Applications (2023-2030)
Table 46 South America Freight Logistics Revenue (USD Million) By Country (2023-2030)
Table 47 South America Freight Logistics Revenue (USD Million) By Type (2023-2030)
Table 48 South America Freight Logistics Revenue (USD Million) By Applications (2023-2030)
Table 49 Middle East and Africa Freight Logistics Revenue (USD Million) By Region (2023-2030)
Table 50 Middle East and Africa Freight Logistics Revenue (USD Million) By Region (2023-2030)
Table 51 Middle East and Africa Freight Logistics Revenue (USD Million) By Type (2023-2030)
Table 52 Middle East and Africa Freight Logistics Revenue (USD Million) By Applications (2023-2030)
Table 53 Research Programs/Design for This Report
Table 54 Key Data Information from Secondary Sources
Table 55 Key Data Information from Primary Sources
List of Figures
Figure 1 Market Scope
Figure 2 Porter’s Five Forces
Figure 3 Global Freight Logistics Revenue (USD Million) By Type (2018-2022)
Figure 4 Global Freight Logistics Revenue Market Share (%) By Type (2022)
Figure 5 Global Freight Logistics Revenue (USD Million) By Applications (2018-2022)
Figure 6 Global Freight Logistics Revenue Market Share (%) By Applications (2022)
Figure 7 Global Freight Logistics Market Revenue (USD Million) By Regions (2018-2022)
Figure 8 Global Freight Logistics Market Share (%) By Regions (2022)
Figure 9 North America Freight Logistics Revenue (USD Million) By Country (2018-2022)
Figure 10 North America Freight Logistics Revenue (USD Million) By Type (2018-2022)
Figure 11 North America Freight Logistics Revenue (USD Million) By Applications (2018-2022)
Figure 12 Europe Freight Logistics Revenue (USD Million) By Country (2018-2022)
Figure 13 Europe Freight Logistics Revenue (USD Million) By Type (2018-2022)
Figure 14 Europe Freight Logistics Revenue (USD Million) By Applications (2018-2022)
Figure 15 Asia Pacific Freight Logistics Revenue (USD Million) By Country (2018-2022)
Figure 16 Asia Pacific Freight Logistics Revenue (USD Million) By Type (2018-2022)
Figure 17 Asia Pacific Freight Logistics Revenue (USD Million) By Applications (2018-2022)
Figure 18 South America Freight Logistics Revenue (USD Million) By Country (2018-2022)
Figure 19 South America Freight Logistics Revenue (USD Million) By Type (2018-2022)
Figure 20 South America Freight Logistics Revenue (USD Million) By Applications (2018-2022)
Figure 21 Middle East and Africa Freight Logistics Revenue (USD Million) By Region (2018-2022)
Figure 22 Middle East and Africa Freight Logistics Revenue (USD Million) By Type (2018-2022)
Figure 23 Middle East and Africa Freight Logistics Revenue (USD Million) By Applications (2018-2022)
Figure 24 Global Freight Logistics Revenue (USD Million) By Type (2023-2030)
Figure 25 Global Freight Logistics Revenue Market Share (%) By Type (2030)
Figure 26 Global Freight Logistics Revenue (USD Million) By Applications (2023-2030)
Figure 27 Global Freight Logistics Revenue Market Share (%) By Applications (2030)
Figure 28 Global Freight Logistics Market Revenue (USD Million) By Regions (2023-2030)
Figure 29 North America Freight Logistics Revenue (USD Million) By Country (2023-2030)
Figure 30 North America Freight Logistics Revenue (USD Million) By Type (2023-2030)
Figure 31 North America Freight Logistics Revenue (USD Million) By Applications (2023-2030)
Figure 32 Europe Freight Logistics Revenue (USD Million) By Country (2023-2030)
Figure 33 Europe Freight Logistics Revenue (USD Million) By Type (2023-2030)
Figure 34 Europe Freight Logistics Revenue (USD Million) By Applications (2023-2030)
Figure 35 Asia Pacific Freight Logistics Revenue (USD Million) By Country (2023-2030)
Figure 36 Asia Pacific Freight Logistics Revenue (USD Million) By Type (2023-2030)
Figure 37 Asia Pacific Freight Logistics Revenue (USD Million) By Applications (2023-2030)
Figure 38 South America Freight Logistics Revenue (USD Million) By Country (2023-2030)
Figure 39 South America Freight Logistics Revenue (USD Million) By Type (2023-2030)
Figure 40 South America Freight Logistics Revenue (USD Million) By Applications (2023-2030)
Figure 41 Middle East and Africa Freight Logistics Revenue (USD Million) By Region (2023-2030)
Figure 42 Middle East and Africa Freight Logistics Revenue (USD Million) By Region (2023-2030)
Figure 43 Middle East and Africa Freight Logistics Revenue (USD Million) By Type (2023-2030)
Figure 44 Middle East and Africa Freight Logistics Revenue (USD Million) By Applications (2023-2030)
Figure 45 Bottom-Up and Top-Down Approaches for This Report
Figure 46 Data Triangulation
By Type
By End-User
By Service