In 2023, the global contract logistics market is expected to see the slowest y-o-y growth rate since 2016.
Despite economic challenges, contract logistics operations are increasingly proving to be counter-cyclical, and providers have largely mitigated inflationary issues.
In 2024, growth is expected to pick up to 3.7% – the highest growth rate since 2021.
Asia Pacific will be the fastest growing region in both 2023, 2024 and out to 2027.
Both North America and Europe’s contract logistics markets will experience negative growth in 2023.
Out to 2027, new data projects the global contract logistics market will grow 3.8%.
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2023, 2024 and 2027 market sizes and growth rates, including regional breakdowns and analysis.
Contextual analysis and factors driving market growth opportunities, challenges and developments.
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