What is Item Logistics Market Scope?
The term Logistics is generally the detailed organization and implementation of a complex operation. It refers to the movement of goods and information between the provider and the receiver. Moreover, logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet the requirements of customers or corporations. Logistics Industry refers to the movement of goods and information between the provider and the receiver. The market of international logistics is having a significant growth with the growing demand for various goods across the globe. Additionally, cross-border sales will prove to be a significant growth driver of overall e-commerce, according to survey participants. This was the view held by both shippers and LSPs.
The Item Logistics market study is being classified, by Application (Industrial and Manufacturing, Retail, Healthcare, Media and Entertainment, Military, Oil and Gas and Food and Beverages) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined collaborations. Research Analyst at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global Item Logistics market throughout the predicted period.
Americold Logistics, LLC (Georgia), C.H. Robinson Worldwide, Inc. (United States), Ceva Holdings LLC (Switzerland), DHL Supply Chain (Germany), Expeditors International of Washington Inc. (United States), FedEx Corp. (United States), J.B. Hunt Transport Services (United States), Kuehne + Nagel Inc. (Switzerland), Penske Logistics (United States) and Ryder Supply Chain Solutions (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are SNCF Logistics (France), The Boeing Company (United States), United Parcel Service, Inc (United States), XPO Logistics Inc. (United States) and DSV A/S. (Denmark).
Analyst at AMA have segmented the market study of Global Item Logistics market by Type, Application and Region.
On the basis of geography, the market of Item Logistics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Influencing Market Trend
- The advancement in information technology and transportation sector
- Rising Internet-based retailing is boosting the growth of the logistics market.
- Increasing in global trade activities of the developing economies, rise in trade-related agreements and global logistics infrastructure
- The rise in adoption of green logistics solutions
- The rise in pollution level
- The high inventory cost & low warehousing space
Key Target AudienceLogistics Service Providers, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations, Technology Investors and Others
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