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Efficiently Moving Goods : The Dynamic Warehousing and Distribution Logistics Market 2021-2031 
Warehousing and Distribution Logistics Market
OREGAON, PORTLAND, UNITED STATES, April 11, 2023 /EINPresswire.com/ — Allied Market Research recently published a report, titled, "Warehousing and Distribution Logistics Market by End Use (Healthcare, Manufacturing, Aerospace, Telecommunication, Government and Public Utilities, Banking and Financial Services, Retail, Media and Entertainment, Trade and Transportation, and Others), by Business Type(Warehouse, Distribution, and Value added services), by Mode of Operation (Storage, Roadways Distribution, Seaways Distribution, and Others), by Type(Solution and Services): Global Opportunity Analysis and Industry Forecast, 2021-2031." As per the report, The global warehousing and distribution logistics market was valued at $12,019 billion in 2021, and is projected to reach $25,788.7 billion by 2031, growing at a CAGR of 7.7% from 2022 to 2031.
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The distribution segment to hold the major market share over 2022-2031
On basis of business type, the distribution segment contributed to the highest market share in 2021, accounting for nearly three-fifths of the global warehousing and distribution logistics market share. Furthermore, the same segment is anticipated to dominate the market growth over the forecast period. In addition, the distribution segment is predicted to record the highest CAGR of 8.3% over the forecast period. The growth of the segment over the forecast timeline can be attributed to escalating demand for procuring raw materials and handing them over to manufacturers for production. The report also includes other segments such as Warehouse and Value added services.
The manufacturing segment to dominate the global market in terms of revenue in 2031
Based on the end use, the manufacturing segment is set to contribute to the highest market share in 2021, accounting for around one-third of the global warehousing and distribution logistics market share. Furthermore, the segment is projected to contribute majorly toward the global market share during the forecast period. The growth of the segment over the forecast timeframe can be attributed to rise in demand for industrial manufacturing logistics services. However, healthcare segment is slated to register the fastest CAGR of about 12.7% over the next ten years. The growth of the segment over the forecast timeline can be credited to rising significance of fast-track assistance in the healthcare sector.
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The storage segment to dominate the global market by 2031
In terms of mode of operation, the storage segment contributed to the highest market share in 2021, accounting for nearly one-third of the global "warehousing and distribution logistics market share". Moreover, the same segment is set to make notable contributions toward the global market share in 2031. The growth of the segment over the forecast timeline can be credited to surging need for maximizing productivity and delivery reliability. However, the seaways distribution segment is predicted to register the fastest CAGR of 8.5% during the forecast timeline. The segmental growth over the forecast timeframe can be attributed to increase in demand for cost-efficient transport facilities such as ships for the movement of bulk goods.
Major market players :
Agility Public Warehousing Company K.S.C.P.
CEVA Logistics
Century Logistics Holdings Bhd
CWT Ltd.
DB Schenker
DHL Supply Chain
Gemadept Corporation
Keppel Logistics Pte Ltd
Kerry Logistics Network Limited
Kuehne + Nagel International AG
Singapore Post Limited
Tiong Nam Logistics Holdings Bhd
WHA Corporation Public Company Limited
YCH Group Pte Ltd
Yusen Logistics Co., Ltd.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Allied Analytics LLP
+15038946022 ext.
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