8/28/2025, 9:10:55 AM | www.globenewswire.com | news
Logistics and Supply Chain Market to Reach USD 15.65 Bn by
The global logistics and supply chain market is projected to grow from USD 9.66 billion in 2024 to USD 15.65 billion by 2032, at a CAGR of 6.22%, driven by e-commerce expansion, increased global trade, and technological integration such as AI, IoT, and blockchain. The U.S. market is expected to grow from USD 1.19 billion to USD 1.82 billion by 2032 at a CAGR of 5.49%. Key players include DHL, Kuehne + Nagel, DB Schenker, C.H. Robinson, DSV, FedEx, UPS, XPO Logistics, Nippon Express, and Maersk. Road transportation dominates with a 45.17% share, while transportation services hold the largest service segment share at 46.52%. The freight forwarding segment is growing at the fastest CAGR of 7.67%. The retail and e-commerce sector leads by market share at 27.18%. North America holds a 34.58% market share, and Asia Pacific is growing at the fastest CAGR of 6.90% due to industrialization and e-commerce growth. Sustainability, automation, and digitalization are key trends shaping the industry.