What Has Been the Progress and Growth of the Manufacturing Logistics Market in Recent Years?
The manufacturing logistics market has seen considerable growth due to a variety of factors.
• The size of the manufacturing logistics market has swiftly expanded in the last few years. It is projected to rise from $146.97 billion in 2024 to $162.17 billion in 2025, recording a compound annual growth rate (CAGR) of 10.3%.
The growth observed throughout the historic period is a result of the rising popularity of logistics and augmented demand for efficient logistics services. This, coupled with a surge in trade agreements and enhanced supply chain optimization, has contributed to the market's growth.
How Does the Forecast Look for the Manufacturing Logistics Market?
The manufacturing logistics market is expected to maintain its strong growth trajectory in upcoming years.
• Anticipated to exhibit robust growth in the coming years, the manufacturing logistics market is predicted to expand to $238.17 billion by 2029, manifesting a compound annual growth rate (CAGR) of 10.1%.
Factors attributing to the growth during the projected period include increased globalization and international trade, a surge in demand for adept supply chain management, escalating requirements for advanced logistics solutions, and a burgeoning e-commerce sector. The forecasted period is also expected to witness key trends such as technological breakthroughs, the implementation of blockchain technology, the amalgamation of supply chain networks, incorporation of technology into logistics functions, and innovative methodologies applied to cross-border logistics.
What Are The Leading Drivers Of Growth In The Manufacturing Logistics Market?
The expansion of the e-commerce sector is anticipated to significantly drive the growth of the manufacturing logistics markets into the future. Basically, the e-commerce industry involves the practice of purchasing and selling goods and services via the internet. This involves all types of digital transactions, whether involving retail, wholesale sectors or intangible products and services. The increment in the e-commerce field can be largely credited to the amplified global internet access, which provides wider opportunities for online shopping, together with improved delivery and supply chain solutions that guarantee quicker and more trustworthy shipping methods. Manufacturing logistics is essential in e-commerce as it enhances inventory administration, production procedures, and order completion to ascertain that product delivery to the customers is prompt and effective. An example is an announcement made by Ecommerce Europe, a non-profit association from Belgium, in June 2022, stating that the total e-commerce industry in Europe attained roughly $869 billion in 2021. This upward trajectory is projected to continue into 2022, with an expected growth rate of 11% and a forecasted turnover of approximately $958 billion. As a result, the expanding e-commerce industry is significantly contributing to the ongoing development of the manufacturing logistics market.
How Are The Segments Defined Within The Global Manufacturing Logistics Market?
The manufacturing logisticsmarket covered in this report is segmented –
1) By Services: Transportation, Warehousing, Distribution, Inventory Management
2) By Transportation Mode: Road, Rail, Air, Sea
3) By Technology: Internet Of Things, Artificial Intelligence And Machine Learning, Robotics And Automation, Cloud Computing, Blockchain, Other Technologies
4) By Industry: Automotive, Aerospace, Electronics, Pharmaceuticals, Food And Beverage, Textiles, Other Industries
Subsegments:
1) By Transportation: Freight Transportation, Last-Mile Delivery, Cross-Docking Services, Rail And Road Transportation, Air And Sea Freight Services
2) By Warehousing: Storage Services, Cold Chain Warehousing, Automated Warehousing Solutions, Order Fulfillment Services, Inventory Staging and Kitting
3) By Distribution: Regional Distribution Centers (RDC), Cross-Docking And Transshipment, Direct-to-Customer Distribution, Wholesale Distribution Services, E-commerce Distribution Solutions
4) By Inventory Management: Stock Monitoring And Tracking, Just-in-Time Inventory Management, Barcode And RFID Inventory Solutions, Demand Forecasting And Replenishment, Inventory Optimization Services
Pre-Book The Manufacturing Logistics Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
Which Emerging Market Trends Are Altering The Manufacturing Logistics Industry?
Leading enterprises in the manufacturing logistics market are broadening their service portfolio with inventive tools such as open network for digital commerce logistics services. This is aimed to improve the efficiency of supply chain management and ensure seamless cooperation with e-commerce platforms. Open network for digital commerce (ONDC) logistic services facilitate the inclusion of logistics providers within a decentralized network, allowing for an effectual, clear, and secure management of the supply chain across numerous online trading platforms. For example, in November 2023, Mahindra Logistics, a logistics service provider based in India, initiated its services on ONDC, providing all sellers on the platform with the options of same-day and next-day pick-up and delivery within a city. The firm's future plans involve widening its services to transport solutions, total truck loads, and swift inter-city parcel delivery, reaching up to 19,000 pin codes. This aims to augment logistics solutions for local direct-to-consumer companies and sellers by easing their incorporation and order fulfillment within the ONDC structure. Mahindra Logistics is also set to cooperate with other ONDC Network members to deliver services that enable local direct-to-consumer (D2C) brands and sellers to quickly integrate and benefit from fulfillment services.
Who Are the Key Players In The Manufacturing Logistics Market?
Major companies operating in the manufacturing logistics market are:
• JD Logistics Inc.
• DHL Supply Chain North America Inc.
• UPS Supply Chain Solutions Inc.
• A.P. Moller - Maersk A/S
• Kuehne + Nagel Inc.
• DSV Panalpina A/S
• DB Schenker Logistics
• C.H. Robinson Worldwide Inc.
• FedEx Supply Chain Inc.
• CEVA Logistics AG
• Expeditors International of Washington Inc.
• Nippon Express Co. Ltd.
• Geodis S.A.
• Doosan Corporation Industrial Vehicle
• GXO Logistics Inc.
• XPO Logistics Inc.
• Mitsubishi Logisnext Co. Ltd.
• Jungheinrich AG
• Kalmar Global
• Holman Enterprises
• Clark Material Handling Company
• Lonking Holdings Limited
• Hangcha Group Co. Ltd.
• Haulotte Group
• Greater Louisville Inc.
• Kane Logistics Inc
What Is The Most Dominant Region In The Manufacturing Logistics Market?
Asia-Pacific was the largest region in the manufacturing logistics market in 2024. The regions covered in the manufacturing logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
