. 2022 is expected to be another strong year for the Asia Pacific logistics real estate sector. However, with the complicated development of the Covid-19 pandemic, according to UNCTAD, 2022 will still be an uncertain year for global trade . the launch of the Logistics Industry Digital Plan (IDP) since 2017 supports small medium enterprises (SMEs) in their journey to digitalise. Thailand Industry Outlook 2022-2024 | Bank of Ayudhya The logistics industry is highly fragmented and consists of over 1,000 active players which include large scale domestic players, leading entities of global players, the express arm of the government postal service and emerging start-ups specialising in e-commerce deliveries. The best-prepared transportation operations will find 2022 to be rewarding indeed. Logistics, being an integral part of essential service network has yet again proven its capability to adapt and deliver. Disruption, congestion and sky-high rates cause pain for emerging logistics markets, but a digital future promises post-pandemic growth. Singapore: average number of product categories bought online 2022 Factors affecting shipping costs and how you can prepare your bottom line for their impact. Sep 22, 2022. Logistics Market Size, Share, Analysis, Report 2022-2027 Logistics Occupiers Retain Optimistic Outlook. Looking forward, the publisher expects the market to reach $6.55 Trillion by 2027, exhibiting at a CAGR of 4.7% during 2022-2027. Funding for logistics startups | McKinsey Contract logistics market opportunity analysis & industry forecast from 2020-2027. Beyond labor, Monkmeyer expects digitalization and sustainability to become increasingly hot topics in 2022. The logistics industry in 2020 and the outlook for 2021 Late last year, analysts at IHS Markit revised their 2021 U.S. real GDP forecast up to 5.7% based on some surprising, late-year bursts of trade activity. The Harris Williams Transportation & Logistics Group serves companies in a broad range of attractive niches, including third-party logistics (3PL), automotive and heavy-duty vehicle, transportation equipment, and truck, rail, marine and air transportation. Logistics Trends 2022: The Future of Logistics Is Digital and Global Logistics 2022: Is this the new normal? The Airport Logistics System industry is one of the major businesses suffering significant interruptions as a result of . Overcoming talent crunch and supply chain upheaval among biggest - EY 2022 Logistics and Supply Chain Outlook | GlobalTranz The government's "Build, Build, Build" program intends to boost the economy. Logistics and Warehousing Market 2022 : Industry Outlook, Current 2020 - 2022: major disruption. Making predictions for the state of logistics in 2022 would be shortsighted if we don't consider the major circumstances surrounding us in the past 2 years. As the new year unfolds, many are looking into the new opportunities that usually come with it. The GlobalTranz 2022 Logistics and Supply Chain Trends and Outlook White Paper Covers: The state of capacity and the impacts new legislation and mandates may have on driver availability. Market Outlook ARTICLE Global Logistics Market Outlook The global logistics market is expected to grow at a 6.8%1 CAGR during 2022-2030, particularly due to surge in e-commerce logistics, containers shortages, closure of major ports causing port congestion, shortage of truck drivers, and restricted capacity in the air freight market. About 24,800 openings for logisticians are projected each year, on average, over the decade. The market was valued at USD XX billion in 2016 and is projected to reach USD XX billion by 2022, registering a CAGR of XX%, during 2017-2022 (the forecast period). Contract Logistics Market Size, Status And Future Outlook 20 Leveraging transformative technology is now a strategic imperative for companies to not only survive but thrive in the pandemic . Transportation Industry Outlook 2022 | HUB International It is projecting contract rates for 2022 as a whole to be about 4% higher than this year. Transport of India : Logistics Industry Outlook in 2022 Global supply chain disruptions, port congestion, capacity shortages, increasing ocean freight rates and an ongoing pandemic have challenged shippers, ports, carriers and logistics providers during the past year. Indian Logistics Industry Outlook, 2020 - Research and Markets Customers can have a better understanding of the . Strategies for reducing friction in your LTL and truckload shipping . 7 Interesting Logistics Industry Outlook for 2022 The global market segmented by industry vertical, type, end user and region. In this regard, Market Research Future (MRFR) asserts that the global logistics market is projected to witness significant gains by 2030, growing at a 7.25% CAGR during the forecast period (2022 . Discover all statistics and data on Logistics industry in India now on statista.com! worldwide 2008-2022 Quarterly smartphone market share worldwide by vendor 2009-2022 . eCommerce is another major segment which is expected to support growth of the logistics industry . The State of Logistics: A Hopeful Outlook for the Future. Quite a few technological trends emerged in 2020 and are expected to gain further traction in 2021. Dr. Dominic Brown 5/17/2021. Logistics industry in India - statistics & facts | Statista The global logistics market is driven by the significant growth in the . Transportation and logistics M&A summary. However, in 2021, with a rapid and impactful change, the . 5 Apr, 2022 5:49:56 PM / by Transport Corporation of India Ltd. It has been awarded infrastructure status which has made it easier for investment inflows and has become a major growth driver of the logistics industry. The Singapore freight and logistics market is anticipated to register a growth rate of 8% during 2022-2027. The logistics industry usually handles many products - including food, clothing, medical supplies, and more is pegged at ~USD 250 bn - and is expected to portray a growth of 10-12% CAGR, to USD 380 bn . New containers go into market . Industry Outlook provides expert analysis of the key pressures facing the industry in the year ahead, Uncover key trends, challenges, opportunities and shape your business in the coming year. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. Before the COVID-19 pandemic that has taken the world by storm, the Philippines logistics industry was thriving. Global Logistics Market Outlook. Supply Chain And Logistics: Things To Watch In 2022 - Forbes Logistics Industry in India | Indian logistics market Demand remains strong amidst limited capacity, with freight rates looking to stabilize much later in 2024. But aside from that, multiple infrastructure projects under this program will also impact the logistics industry and are expected to . The industry's compound annual growth rate was estimated to be 3.49% from 2017 to 2023. Freight & logistics plays the most important role in carrying out a trade, globally. LOGISTICS | APAC Real Estate Market Outlook 2022 | CBRE By Transport Intelligence. 2022 Rate Outlook: Up, Up, and Away - Logistics Management 2022 Outlook | Transportation & Logistics | Harris Williams More micro warehouses are likely to be the trend in 2022. Promising Outlook for India's Logistics Industry in 2022, Say Savills | UK industrial and logistics market outlook 2022 9 The Use of Blockchain Will Increase. The IDP is part of the larger initiative (SMEs GoDigital programme) to . 7 Interesting Logistics Industry Outlook for 2022. Huhtamaki India bags 4 IFCA Star Awards 2022. ReNew Power to supply 210 MW solar power to Amazon. 2022 Logistics Outlook: Supply Chain Chaos and Price Increases February 17, 2022 Posted in Market Insights. If there has been one drawback that constantly challenged this growth, it is the lack of streamlining and modernisation of operations. Remember that the industry processes millions of requests using available shipping methods such as slow vessels, barges, and airplanes. Singapore logistics companies' budget plans in 2022 as compared with 2021. A supply-chain visibility startup in the United States, Project44, received funding of $202 million, valuing the company at $1.2 billion while Flexport collected $935 million in February 2022. The shipping industry in 2022 will be under the microscope as global trade ramps up to meet the demands of e-commerce. Job Outlook. Conclusion on the Future of Logistics and the Outlook for 2022. Even though blockchain is still in its infancy, it will see greater adoption and application this year. And looking ahead in 2022, experts estimate that the pressure on . The value of deal activity in the T&L sector continued to increase in the last 12-month (LTM) period (12 months ending May 15, 2022), despite global economic and political uncertainty. A report published by Technavio in March 2021 forecasted that the logistics market would grow at a rate of 1.5% per year in the period 2021-2025. Global Logistics Software Market Growth (Status and Outlook) 2022-2028 The logistics market is further expected to grow at a CAGR of 5.7% between 2022 and 2027 to reach a value of almost USD 13,326.3 billion by 2027. Global Logistics Software Market Growth (Status and Outlook) 2022-2028: Fishbowl Inventory, Tipalti, SAP, Aptean, Epicor, . The research report offers newcomers to the Logistics Software Industry a number of opportunities, as well as a quantitative overview of present and future market trends. Top Country data and analysis for United States, Canada, Mexico . The global logistics market size reached a value of almost USD 9,525.1 billion in the year 2021. Manufacturing activity opened up, resulting in increased . 8 According to a report by McKinsey, wastage caused by inefficiencies contributes to 4.3% of GDP, and, if not corrected, can increase to 5% of GDP or . Energy Logistics and Projects Outlook 2022 - craneww.com PDF ARTICLE Transportation and Logistics Industry - Year End Recap 7 Interesting Logistics Industry Outlook for 2022 | Worklink Services Inc. George Schutte leads the energy industry vertical at Crane Worldwide Logistics as Vice President, Energy Services. By : Industry Outlook . 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