Global Warehousing Logistic Service Market Overview:
Logistics Warehousing is at the centre of any business that offers physical goods. Warehouse management, warehousing services, operations, and warehouse management systems are some of the most important aspects of warehousing logistics. The management of warehousing and distribution logistics is critical to commercial success. The primary goal of the warehousing and distribution logistics industry is to get the right product to the right destination on time, on budget, and with end-to-end visibility. Growing demand in the logistics industry has expanded beyond basic goods transportation to include end-to-end supply chain solutions such as warehousing and express delivery.
|Unit||Value (USD Million)|
|Key Companies Profiled||DHL International (Germany), XPO Logistics Inc. (United States), Maersk (Denmark), United Parcel Service (United States), FedEx Supply Chain Corporation (United States), Geodis (France), DSV (Denmark), Ryder System Inc. (United States), FW Logistics (United States) and Rakuten Super Logistics (United States)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
- Growing E-Commerce Industry
- Rise in Reverse Logistics Operations
- International Documentation Procedure and Rules & Regulations Hampers Growth of the Warehousing Logistics Service Market
- Warehousing Logistic Service Market was affected by COVID 19 due to Complete Lock down Manufacturing Industries had Halted their Production
- Lack of Control of Manufacturers on Logistics Service
- Growing Opportunities in Emerging Economies
- High Maintenance Costs
- The Logistic Security and Safety Issues is expected to impede the Market Growth
The demand for warehouse logistic service is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes DHL International, XPO Logistics Inc, Maersk, United Parcel Service and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders such as DHL International, XPO Logistics Inc, Maersk, and United Parcel Service demonstrate a market-defining vision of how warehouse logistic service can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings.
Some of the key players profiled in the report are DHL International (Germany), XPO Logistics Inc. (United States), Maersk (Denmark), United Parcel Service (United States), FedEx Supply Chain Corporation (United States), Geodis (France), DSV (Denmark), Ryder System Inc. (United States), FW Logistics (United States) and Rakuten Super Logistics (United States). Additionally, following companies can also be profiled that are part of our coverage like Nefab Group (Sweden), AmeriCold Logistics LLC (United States) and Lineage Logistics Holding LLC (United States). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Warehousing Logistic Service market by 2027. Considering Market by Services, the sub-segment i.e. Cargo Sorting will boost the Warehousing Logistic Service market. Considering Market by Industry Verticals, the sub-segment i.e. Textile will boost the Warehousing Logistic Service market. Considering Market by Transport Mode, the sub-segment i.e. Road and Rail will boost the Warehousing Logistic Service market.
Latest Market Insights:
In December 2021 Maersk had announced the acquisition of LF Logistics. With this acquisition, Maersk will expand its warehousing and distribution offering and respond to customers' rapidly growing demand for contract logistics. LF Logistics, with its Asia-Pacific wide footprint and industry-leading fulfilment capabilities, aligns with Maersk's strategic intent to support customers' supply chain needs end-to-end as a trusted partner in control of the assets. Maersk will add 223 warehouses to its existing portfolio, bringing the total number of facilities to 549 worldwide, spread across 9.5 million square metres.
In October 2021 Geodis had announced the launch of contract logistics in Sweden. GEODIS, a global leading supply chain provider, is creating a contract logistics footprint in Sweden for the first time with the inauguration of a 16,000 Sqm facility as part of its organic expansion strategy. Receiving goods to WMS, inventory storage, pick and pack, case palletization, value added services, returns processing, quality control, and distribution are just some of the warehousing and distribution services that will be available. The new facility will serve a wide range of industry sectors, but the fast-growing retail and ecommerce verticals will be the primary goal.
What Can be Explored with the Warehousing Logistic Service Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Warehousing Logistic Service Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Warehousing Logistic Service
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Warehousing Logistic Service market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Warehousing Logistic Service market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Government & Regulatory Bodies, E-Commerce Industry, Corporate Entities, End-use industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.