Logistics Industry Analysis - Forecast Period 2022-2026
According to logistics industry analysis, APAC will post the highest growth among all the regions. This conclusion was made after thorough examination of the growth prospects of the market across several regions including APAC, North America, Europe, MEA, and South America. The logistics market share in APAC is expected to increase by USD 169.35 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.26%.
During the COVID-19 pandemic, the demand for the logistics market in APAC was impacted a lot. Moreover, lagging road infrastructure and increasing transportation costs are expected to emerge as one of the major logistics market challenges and it wil affect the APAC logistics market growth.The holistic analysis of the drivers will help deduce end goals and refine marketing strategies to gain a competitive edge.
The logistics market report also provides several other key information including:
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive logistics market growth during the next five years
- Precise estimation of the logistics market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the logistics market industry across APAC, North America, Europe, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of logistics market vendors
To get an accurate prediction of the contribution of all the segments to the growth of the logistics market size in APAC, vendor analysis and othr actionable market insights, grab the FREE sample report now!
