Asia Pacific Freight and Logistics Market Share, Size | 2031

Segments - Asia Pacific Freight and Logistics Market by Functions (Freight Transport[Road, Rail, Air, and Sea and Inland], Freight Forwarding, Warehousing, Courier, Express, and Parcel, Value-added Services, Cold Chain Logistics, Last Mile Logistics, Return Logistics, and Other Emerging Areas), End-users (Construction, Oil & Gas and Quarrying, Agriculture, Fishing, and Forestry, Manufacturing & Automotive, Distributive Trade, and Others (Pharmaceutical and Healthcare), and Geography (China, India, Australia, Japan, Malaysia, New Zealand, Indonesia, Korea, Thailand, and Rest of Asia Pacific) - Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Akash Vedpathak

Fact-checked by : Vineet Pandey

Editor : Shruti Bhat

Report Description

The Asia Pacific Freight and Logistics Market size was valued at USD 3.18 Trillion in 2022 and is expected to surpass USD 5.04 Trillion by 2031, expanding at a CAGR of 5.24% during the forecast period, 2023 – 2031. The growth of the market is attributed to increasing e-commerce activities amidst the COVID-19 outbreak.

Logistics is generally known as the most common way of planning and moving assets, such as hardware, food, fluids, inventory, materials, and individuals, from one area to the desired destination. It is the administration of the progression of products from one starting point to the mark of utilization, to meet the prerequisite of clients. Logistics management primarily focuses on the effective management of daily chores concerning the production of the company’s services and finished goods.

Asia Pacific Freight and Logistics Market Outlook

The management takes a shape of the production network, which plans, carries out, and controls the storage of merchandise. Logistics essentially includes different administrations such as third-party Logistics, fourth-party Logistics, development logistics, inbound logistics, switch logistics, outbound logistics, green logistics, computerized logistics, and military logistics.

Market Trends, Drivers, Restraints, and Opportunities

Expanding trade activities in the emerging is estimated to spur the market growth during the forecast period.
Technological advancements and improving logistics infrastructure are expected to drive the market growth.
Growing e-commerce market is anticipated to stimulate the market expansion.
Travel restrictions, border closures, nightly curfews, and flight cancellations imposed by several countries can restrain the development of the market.
Rapid increase in trade relating agreement between countries can create lucrative opportunities for market players in the projected timeline.

Scope of Asia Pacific Freight and Logistics Market Report

The report on the Asia Pacific freight and logistics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Asia-Pacific Freight and Logistics Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Functions (Freight Transport[Road, Rail, Air, and Sea and Inland], Freight Forwarding, Warehousing, Courier, Express, and Parcel, Value-added Services, Cold Chain Logistics, Last Mile Logistics, Return Logistics, and Other Emerging Areas), End-users (Construction, Oil & Gas and Quarrying, Agriculture, Fishing, and Forestry, Manufacturing & Automotive, Distributive Trade, and Others (Pharmaceutical and Healthcare)
Geographical Scope	China, India, Australia, Japan, Malaysia, New Zealand, Indonesia, Korea, Thailand, and Rest of Asia Pacific
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Rhenus Logistics; DB Schenker; Kuehne + Nagel; DHL; and Mainfreight Limited

Asia Pacific Freight and Logistics Market Segment Insights

Freight transport segment is expected to grow at a rapid pace

Based on functions, the market is divided into freight transport, freight forwarding, warehousing, courier, express, and parcel, value-added services, cold chain logistics, last mile logistics, return logistics, and other emerging areas. The freight transport segment is expected to grow at a rapid pace during the forecast period due to the increasing logistics activities in ASEAN and the presence of major economies such as India and China.

Asia Pacific Freight and Logistics Market Functions

Manufacturing & automotive segment is projected to expand at a considerable CAGR

On the basis of end-users, the Asia Pacific freight and logistics market is segregated into construction, oil & gas and quarrying, agriculture, fishing, and forestry, manufacturing & automotive, distributive trade, and others. The manufacturing & automotive segment is projected to expand at a considerable CAGR during the forecast period. The rapid development in the manufacturing and automotive industry owing to rising disposable income and increasing government initiatives to support the manufacturing industry.

Asia Pacific Freight and Logistics Market End Users

India is anticipated to hold a key market share

In terms of geography, the Asia Pacific freight and logistics market is classified as China, India, Australia, Japan, Malaysia, New Zealand, Indonesia, Korea, Thailand, and Rest of Asia Pacific. The market in India is expected to constitute a key share of the market during the forecast period due to rapid increase in the e-commerce activities.

Segments

The Asia Pacific freight and logistics market has been segmented on the basis of

Functions

Freight Transport
- Road
- Rail
- Air
- Sea & Inland
Freight Forwarding
Warehousing
Courier
Express
Parcel
Value-added Services
Cold Chain Logistics
Last Mile Logistics
Return Logistics
Other Emerging Areas

End-users

Construction
Oil & Gas and Quarrying
Agriculture
Fishing
Forestry
Manufacturing & Automotive
Distributive Trade
Others (Pharmaceutical and Healthcare)

Geography

China
India
Australia
Japan
Malaysia
New Zealand
Indonesia
Korea
Thailand
Rest of Asia Pacific

Key Players

Rhenus Logistics
DB Schenker
Kuehne + Nagel
DHL
Mainfreight Limited

Competitive Landscape

Key players competing in the Asia Pacific freight and logistics market are Rhenus Logistics; DB Schenker; Kuehne + Nagel; DHL; and Mainfreight Limited.

Some of these players are adopting several business strategies, which includes acquisitions, mergers, collaborations, partnerships, and capacity expansion to enhance their market share.

Asia Pacific Freight and Logistics Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Freight and Logistics Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Freight and Logistics Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Freight and Logistics Market - Supply Chain
  4.5. Global Freight and Logistics Market Forecast
     4.5.1. Freight and Logistics Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Freight and Logistics Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Freight and Logistics Market Absolute $ Opportunity
5. Global Freight and Logistics Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Freight and Logistics Market Size and Volume Forecast by End Users
     5.3.1. Construction
     5.3.2. Oil & Gas and Quarrying
     5.3.3. Agriculture
     5.3.4. Fishing
     5.3.5. Forestry
     5.3.6. Manufacturing & Automotive
     5.3.7. Distributive Trade
     5.3.8. Others (Pharma
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Freight and Logistics Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Freight and Logistics Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Freight and Logistics Demand Share Forecast, 2019-2026
7. North America Freight and Logistics Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Freight and Logistics Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Freight and Logistics Market Size and Volume Forecast by End Users
     7.4.1. Construction
     7.4.2. Oil & Gas and Quarrying
     7.4.3. Agriculture
     7.4.4. Fishing
     7.4.5. Forestry
     7.4.6. Manufacturing & Automotive
     7.4.7. Distributive Trade
     7.4.8. Others (Pharma
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Freight and Logistics Demand Share Forecast, 2019-2026
8. Latin America Freight and Logistics Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Freight and Logistics Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Freight and Logistics Market Size and Volume Forecast by End Users
     8.4.1. Construction
     8.4.2. Oil & Gas and Quarrying
     8.4.3. Agriculture
     8.4.4. Fishing
     8.4.5. Forestry
     8.4.6. Manufacturing & Automotive
     8.4.7. Distributive Trade
     8.4.8. Others (Pharma
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Freight and Logistics Demand Share Forecast, 2019-2026
9. Europe Freight and Logistics Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Freight and Logistics Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Freight and Logistics Market Size and Volume Forecast by End Users
     9.4.1. Construction
     9.4.2. Oil & Gas and Quarrying
     9.4.3. Agriculture
     9.4.4. Fishing
     9.4.5. Forestry
     9.4.6. Manufacturing & Automotive
     9.4.7. Distributive Trade
     9.4.8. Others (Pharma
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Freight and Logistics Demand Share Forecast, 2019-2026
10. Asia Pacific Freight and Logistics Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Freight and Logistics Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Freight and Logistics Market Size and Volume Forecast by End Users
     10.4.1. Construction
     10.4.2. Oil & Gas and Quarrying
     10.4.3. Agriculture
     10.4.4. Fishing
     10.4.5. Forestry
     10.4.6. Manufacturing & Automotive
     10.4.7. Distributive Trade
     10.4.8. Others (Pharma
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Freight and Logistics Demand Share Forecast, 2019-2026
11. Middle East & Africa Freight and Logistics Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Freight and Logistics Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Freight and Logistics Market Size and Volume Forecast by End Users
     11.4.1. Construction
     11.4.2. Oil & Gas and Quarrying
     11.4.3. Agriculture
     11.4.4. Fishing
     11.4.5. Forestry
     11.4.6. Manufacturing & Automotive
     11.4.7. Distributive Trade
     11.4.8. Others (Pharma
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Freight and Logistics Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Freight and Logistics Market: Market Share Analysis
  12.2. Freight and Logistics Distributors and Customers
  12.3. Freight and Logistics Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Rhenus Logistics
     12.4.2. DB Schenker
     12.4.3. Kuehne + Nagel
     12.4.4. DHL
     12.4.5. Mainfreight Limited