San Francisco, California, July 26, 2018 – The global logistics market is anticipated to improve growth with high demand for specialized and customized services in the industry. A report by TMR Research digs deep into market dynamics, market segmentation, and competitive landscape of the market to offer a complete analysis. It carries the title “Logistics Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025.” Logistics services can help an industry to grow and realign business strategies. There could be high growth prospects birthed on the back of the rapid growth of the ecommerce industry.
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Logistics plays the part of a cross-functional link between different industries. Growth of the market could be boosted as B2B commercial networks are used at a rising rate in manufacturing supply chains for demand and supply. On the other hand, introduction of new services and production development are foreseen to set the tone for valuable growth in the global logistics market. In the recent years, Asia Pacific is said to have showcased its dominance in the market. This could be on account of the rise in demand for logistics in prime economies such as India, Singapore, and China. North America could be another lucrative region of the market, considering the increase in trade activities observed in the U.S.
Europe could bank on Germany for its growth in the global logistics market. Latin America and the Rest of the World are envisioned to offer quick growth opportunities in the next few years. Argentina and Brazil could emerge as potential markets for logistics during the course of the forecast period. As trade relations with other developing countries continue to strengthen, these countries are projected to show decent growth in the market.
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The global logistics market marks the presence of leading players such as Ceva Holdings LLC, Robinson Worldwide, Inc., and FedEx Corp.