India Logistics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

India Logistics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A5974
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Market Overview:

The India logistics market size reached US$ 259.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 432.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.8% during 2023-2028. Increasing sales of goods through online retail channels, extensive research and development (R&D) activities, and rising expenditure capacities of consumers represent some of the key factors driving the market.

Logistics is the process of controlling and planning the flow of resources from the point of origin to the point of consumption. It offers efficient storage and transportation of goods, services, and information to meet the customer requirements cost-effectively. It includes various key components, such as order fulfillment, inventory and fleet management, warehousing, material handling, incoming and outbound transportation, and demand planning. Logistics aids in monitoring and tracking information on space utilization, work schedules, order requests, and delivery of different products. It also assists in improving inventory management, customer service, transporting bulk packaging while preventing breakage or spillage, delivering products faster, and transferring large volumes of the product. As a result, logistics finds extensive applications across the oil and gas, construction, e-commerce, automotive, consumer goods, retail, food and beverages (F&B), and agriculture industries.

 

 
 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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India Logistics Market Trends:

The significant growth in the e-commerce industry is one of the key factors creating a positive outlook for the market. In line with this, rising sales of goods through online retail channels and the increasing demand for last-mile delivery services are facilitating the logistics market as it plays a crucial role in the smooth functioning of online deliveries. Additionally, the easy return and refund policies offered by various e-commerce platforms have influenced the demand for reverse logistics processes with flexible services, such as tracking facilities, which, in turn, is favoring the market growth. Apart from this, key players are offering advanced technology solutions, such as real-time visibility, predictive analytics, and other advanced capabilities, to manage supply chains and meet the demands of customers, which is favoring the market growth. Moreover, rapid technological advancements, such as the integration of automation, artificial intelligence (AI), and the Internet of Things (IoT) technologies to improve efficiency, reduce costs, and increase visibility across the supply chain, are providing an impetus to the market growth. Other factors, including increasing adoption of green logistics solutions, a growing number of trade-related agreements, rising disposable incomes of consumers, and integration of biometrics, global positioning system (GPS), Bluetooth, driverless vehicle, and drone delivery with logistics systems, are presenting remunerative growth opportunities for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India logistics market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on model type, transportation mode and end use.

Model Type Insights:

 

 
 

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  • 2 PL
  • 3 PL
  • 4 PL
     

The report has provided a detailed breakup and analysis of the logistics market based on the model type. This includes 2, 3 and 4 PL.  According to the report, 3 PL represented the largest segment.

Transportation Mode Insights:

  • Roadways
  • Seaways
  • Railways
  • Airways
     

The report has provided a detailed breakup and analysis of the logistics market based on the transportation mode. This includes roadways, seaways, railways, and airways. According to the report, roadways represented the largest segment.

End Use Insights:

  • Manufacturing
  • Consumer Goods
  • Retail
  • Food and Beverages
  • IT Hardware
  • Healthcare
  • Chemicals
  • Construction
  • Automotive
  • Telecom
  • Oil and Gas
  • Others
     

The report has provided a detailed breakup and analysis of the logistics   market based on the end use. This includes manufacturing, consumer goods, retail, food and beverages, IT hardware, healthcare, chemicals, construction, automotive, telecom, oil and gas, and others. According to the report, manufacturing represented the largest segment.

Regional Insights:

  • North India
  • West and Central India
  • South India
  • East India
     

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East India.  According to the report, West and Central India was the largest market for logistics. Some of the factors driving the West and Central India logistics market included extensive research and development (R&D) activities, significant growth in the retail industry, and rapid technological advancements.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the India logistics market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Model Type, Transportation Mode, End Use, Region
Region Covered North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the India logistics market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the India logistics market?
  • What is the impact of each driver, restraint, and opportunity on the India logistics market?
  • What is the breakup of the market based on the model type?
  • Which is the most attractive model type in the logistics market?
  • What is the breakup of the market based on transportation mode?
  • Which is the most attractive transportation mode in the logistics market?
  • What is the breakup of the market based on the end use?
  • Which is the most attractive end use in the logistics market?
  • What is the competitive structure of the India logistics market?
  • Who are the key players/companies in the India logistics market?

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India logistics market from 2017-2028.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the India logistics market.
  • The study maps the leading, as well as the fastest-growing, regional markets.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India logistics industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
India Logistics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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