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  1. The logistics industry facilitates the trade entrepreneurial activities between two or more parties by transporting, storing, and delivering goods through B2B, B2C, or C2C supply chain networks.

  2. The global logistics market size was estimated at USD 3,794.4 billion in 2023 and is expected to expand at a CAGR of 7.2% from 2024 to 2030. The market represents a dynamic and rapidly evolving sector that plays a crucial role in global trade and commerce.

  3. The global logistics market reached a value of almost USD 10.59 trillion in the year 2023. The logistics market is further expected to grow at a CAGR of 6.3% between 2024 and 2032 to reach a value of almost USD 18.35 trillion by 2032.

  4. The Freight and Logistics Market is segmented by end user industry, logistics function, and region. The market value and volume are presented in various metrics, including freight transport volume by mode of transport, production trends, import and export trends, and freight pricing trends.

  5. The global logistics market size accounted for USD 8.96 trillion in 2023 and it is expected to be worth around USD 21.91 trillion by 2033 with a noteworthy CAGR of 9.35% from 2024 to 2033.

  6. The global logistics market size was estimated to be USD 5.4 Trillion in 2023. Looking forward, the market is expected to expand from USD 5.7 Trillion in 2024 to USD 7.9 Trillion by 2032, with a growth rate (CAGR) of 4.1% over the forecast period.

  7. Report Overview. The global logistics market size was valued at $9,833.8 billion in 2022, and is projected to reach $16,794.7 billion by 2032, growing at a CAGR of 5.6% from 2023 to 2032. Report Key Highlighters: The logistics market analysis study covers 17 countries.

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