Ti’s latest research reveals the Global Contract Logistics market is forecast to rebound by 6.5% in 2021. This growth is set to continue beyond the year, with the market forecast to grow at a 2020-2025 CAGR of 5.1%.
Ti’s new COVID Recovery Tracker (CRT) projects that the market will have recovered lost revenues by the end of 2021, indicating that the market will be 2.9% larger compared with pre-Covid-19 levels. Not every region is expected to see such impressive levels of recovery however.
Our whitepaper, Post Covid-19 Forecasts: Global Contract Logistics Growth 2020-2025 contains a full breakdown of our latest post-Covid 2020-2025 market sizing and forecasts, including regional growth projections.
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