The report below gives a good overview of the Winter 2022 M&A activity in the Transport, Logistics and Supply Chain Industry Sector. The global Logistics industry is projected to grow at a CAGR of 7.2% during the forecasted period 2022 to 2030, as per report published by Market Research Future. The growth in global logistics market is driven by rise in international trades and the development in global economy. Furthermore, advancements in integrated solutions such as security management, warehousing, information and inventory management, packaging, material handling, and transportation are also contributing towards the growth in the industry. The current trend toward omni-channel distribution, particularly in e-commerce, has a positive impact on the overall growth of the logistics market. Asia Pacific was the world's largest logistics market in 2020, followed by North America and Europe. Since e-commerce companies strive to establish comprehensive supply chain management in terms of logistics and warehousing services, the development of the e-commerce industry has a significant impact on the growth of the logistics market in Asia Pacific.
Posted by Peter Heydenrych.
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