Logistics Market Size to Attain Around USD 18.23 Trillion by 2032


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Precedence ResearchAs per Precedence Research, the global logistics market size is projected to attain around USD 18.23 trillion by 2032, and it is registering at a CAGR of 5.48% from 2023 to 2032. Ottawa, Feb. 24, 2023 (GLOBE NEWSWIRE) -- The global logistics market size was accounted at USD 10.68 trillion in 2022. Furthermore, China's logistics market had the highest market share, while India's logistics market was the fastest-growing in the Asia-Pacific region. Last-mile delivery strategies in the retail e-commerce market are expected to improve the retail logistics industry. Market DynamicsDriversHigh-quality transportation infrastructure is essential for driving global logistics market growth.