What Is The Current and Historic Market Size Analysis Of The Inbound Logistics Market?
The inbound logistics market has seen considerable growth due to a variety of factors.
• The market size of inbound logistics has been experiencing robust growth in the past years. Its growth is projected to escalate from $1591.91 billion in 2024 to $1737.41 billion in 2025, with a compound annual growth rate (CAGR) of 9.1%.
The historical growth can be perceived as a result of rising e-commerce needs, enhancement of inventory management systems, an increased focus on cost effectiveness, expansion of manufacturing industries, and amendments in trade regulations.
What Are The Predictions for The Inbound Logistics Market in the Coming Years?
The inbound logistics market is expected to maintain its strong growth trajectory in upcoming years.
• Anticipated robust growth is on the horizon for the inbound logistics market in the coming years, with significant advancement culminating in reaching the level of $2438.02 billion by 2029, experiencing a compound annual growth rate (CAGR) of 8.8%.
This growth throughout the forecast period can be traced back to the wider implementation of sustainable and green logistics methods, an increase in the use of blockchain technology, a surge in the demand for real-time tracking and visibility, the widening of international trade policies, and the inception of intelligent infrastructure and IoT solutions. The forecast period is also expected to see enhanced use of automation and robotics, intensified emphasis on real-time monitoring, innovation in blockchain technology, the assimilation of predictive analytics for anticipating demand, and the creation of more adaptable logistics networks to keep pace with market fluctuations.
Which Drivers Are Accelerating Growth In The Inbound Logistics Market?
The anticipated growth in world trade is expected to stimulate the inbound logistics market's expansion. The term 'global trade' implies the interchange of goods and services globally. An upsurge in worldwide collaboration, technological advancements and a growing appetite for various products globally are resulting in the growth of global trade. Inbound logistics plays a key role in fostering global trade by managing the swift and efficient transportation of goods and materials from suppliers to manufacturing entities, while improving supply chains across worldwide borders. As per a document released in July 2024 by the United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based global agency, it's estimated that by 2024, the worldwide trade will reach up to $32 trillion, primarily stimulated by an increase in exports from nations like China, India, and the US. They predict that in the first half of 2024, there will be an extra $250 billion in goods trade and a $100 billion increase in services trade as compared to the second half of 2023. Consequently, the anticipated increase in worldwide trade will contribute to the progression of the inbound logistics industry.
What Are The Core Segments Of The Global Inbound Logistics Market?
The inbound logisticsmarket covered in this report is segmented –
1) By Function: Transportation, Warehousing, Inventory Management, Procurement, Supplier Relationship Management
2) By Mode of Transportation: Roadways, Railways, Airways, Waterways
3) By Application: Primary Inbound Logistics, Secondary Inbound Logistics, Cross-Docking
4) By End User: Retail And E-Commerce, Manufacturing, Automotive, Healthcare, Food And Beverage, Consumer Goods, Aerospace And Defense, Other End Users
Subsegments:
1) By Transportation: Freight Transportation, Last-Mile Delivery Services, Intermodal Transportation Solutions
2) By Warehousing: Public Warehousing, Private Warehousing, Automated Warehousing Solutions
3) By Inventory Management: Inventory Tracking And Control, Demand Forecasting And Planning, Stock Replenishment Strategies
4) By Procurement: Sourcing And Supplier Selection, Purchase Order Management, Contract Negotiation And Management
5) By Supplier Relationship Management: Supplier Performance Evaluation, Collaboration And Communication Tools, Risk Management And Compliance Monitoring
Pre-Book The Inbound Logistics Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
Which Emerging Market Trends Are Altering The Inbound Logistics Industry?
Leading firms in the inbound logistics market are prioritizing improvements in supply chain visibility methods, including live data analysis, to facilitate immediate decision-making throughout the supply chain. This application of real-time analysis in inbound logistics improves visibility, efficiency, and precision, by offering immediate updates about the position and status of shipments, thus allowing for efficient management and operational optimization. Specifically, in November 2023, FourKites Inc., an American tech firm, introduced its Inbound Visibility Solution to improve comprehensive insights of shipments and orders throughout suppliers. This newly unveiled solution provides accurate and predictive management of inbound shipments and orders. It features real-time data analysis, the ability to identify disruption along with financial impact evaluation, and a holistic view of order lifecycle from pre-tendering up to delivery. These insights are incorporated into the My Workspace dashboard for quick access, enabling users to quickly access essential supply chain data and take immediate action.
Who Are the Key Players In The Inbound Logistics Market?
Major companies operating in the inbound logistics market are:
• Deutsche Post DHL Group
• A.P. Moller - Maersk A/S
• Kuehne + Nagel International AG
• DSV A/S
• DB Schenker Logistics
• C.H. Robinson Worldwide Inc.
• FedEx Global Logistics Inc.
• Nippon Express Co. Ltd.
• CEVA Logistics AG
• Sinotrans Limited
• Ryder System Inc.
• Kerry Logistics Network Limited
• Expeditors International of Washington Inc.
• XPO Logistics Inc.
• Toll Holdings Limited
• Hellmann Worldwide Logistics SE & Co. KG
• Yusen Logistics Co. Ltd.
• Dematic Corporation
• Honeywell Intelligrated
• Penske Logistics LLC
• Siemens Logistics GmbH
• Blue Yonder
• Manhattan Associates Inc.
• Rhenus Logistics GmbH & Co. KG
What Are The Regional Insights Into The Inbound Logistics Market?
North America was the largest region in the inbound logistics market in 2024. The regions covered in the inbound logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
