The Hazardous Goods Logistics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Hazardous Goods Logistics Market?
The hazardous goods logistics market has seen robust growth in recent years, with its size expected to rise from $233.66 billion in 2024 to $252.44 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Hazardous Goods Logistics Industry?
The Hazardous Goods Logistics Global Market is projected to reach a market size of $337.09 billion in 2029 with a compound annual growth rate (CAGR) of 7.5%.
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What are the Key Growth Drivers Fueling the Hazardous Goods Logistics Market?
The key drivers in the hazardous goods logistics market are:
• E-commerce expansion
• Steady growth of the global economy
• Enhanced resilience in supply chains
• Prioritization of environmental sustainability
Global Market Segmentation: Identifying Major Hazardous Goods Logistics Industry Segments
The hazardous goods logistics market covered in this report is segmented –
1) By Product: Flammable, Explosive, Radioactive, Bio-Hazardous, Other Products
2) By Business Type: Transportation, Warehousing, Value-Added Services
3) By Operation: Seaways, Roadways, Railways, Airways, Storage And Services
4) By Application: Industrial, Healthcare, Agriculture, Other Applications
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What are the Emerging Trends Shaping the Future of the Hazardous Goods Logistics Market?
The key trends in the hazardous goods logistics market are:
• Future trends include the increased use of digital and blockchain technologies within the industry.
• There is an emerging trend of innovative packaging solutions for hazardous materials.
• Collaborative partnerships are becoming more prominent in the field.
• There is a growing focus on multimodal transportation and emergency response preparedness.
Who Are the Top Competitors & Leading Players in the Hazardous Goods Logistics Market?
Major companies in the hazardous goods logistics market are:
• Deutsche Post DHL Group
• YRC Worldwide Inc.
• FedEx Corporation
• A.P. Moller
• Maersk
• Kühne + Nagel International AG
• DSV A/S
• United Parcel Service Inc. (UPS)
• DB Schenker
• C.H. Robinson Worldwide Inc.
• Nippon Express Co.Ltd.
• Expeditors International of Washington Inc.
• Panalpina Welttransport Holding AG
• Geodis Logistics LLC
• Kerry Logistics Network Limited
• Bollore Logistics
• XPO Logistics Inc.
• Kawasaki Kisen Kaisha Ltd.
• Hitachi Transport System Ltd.
• Hellmann Worldwide Logistics SE & Co. KG
• Yusen Logistics Inc.
• Nishi-Nippon Railroad Co. Ltd.
• MOL Logistics Co. Ltd.
• Agility Public Warehousing Company K.S.C.P.
• Ceva Logistics
• Toll Group
• Rhenus Logistics S.A.
• DGD Transport LLC
• Sagawa Express Co. Ltd.
Regional Dominance: Which Area Leads the Global Hazardous Goods Logistics Market?
North America was the largest region in the hazardous goods logistics market in 2024
