June 17, 2017

Global Logistics Business Market in 2022 - $12.25 trillion

A new report published by Allied Market Research, titled, Logistics Market by Mode of Transport, and End-user Industry: Global Opportunity Analysis and Industry Forecast, 2014 - 2022, projects that the global logistics market is anticipated to reach $12,256 billion by 2022 with a CAGR of 3.48% from 2016 to 2022.

Among end-user, manufacturing segment dominated the global market in 2014, accounting for about 26% share in the total revenue of logistics market. Transport of raw material to manufacturers for the production is a growth factor for world logistics market by manufacturing industry.

Retail, Trade and Transport, Utilities, Health care etc are other segments.



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