India Logistics Market to Reach US$ 557.4 Billion by 2032, Stimulated by Increasing Digitalization and E-Commerce Sector

August 25, 2023 | Transportation and Logistics

According to the latest report by IMARC Group, titled “India Logistics Market Report by Model Type (2 PL, 3 PL, 4 PL), Transportation Mode (Roadways, Seaways, Railways, Airways), End Use (Manufacturing, Consumer Goods, Retail, Food and Beverages, IT Hardware, Healthcare, Chemicals, Construction, Automotive, Telecom, Oil and Gas, and Others), and Region 2024-2032,” the India logistics market size reached US$ 282.3 Billion in 2023. Logistics refers to planning, executing, and managing the efficient flow of goods, services, and information from the point of origin to the end of consumption. It involves coordinating various supply chain activities, including transportation, storage, distribution, inventory management, and order fulfillment. Logistics is the backbone of industries, streamlining operations to enhance productivity and customer satisfaction. Effective logistics involves selecting the best transportation methods, optimizing routes, managing warehouses to store products, and tracking shipments to monitor their progress. As a result, it finds extensive application across the manufacturing, retail, healthcare and e-commerce industries.


India Logistics Market Trends:

The increasing demand for efficient logistics solutions to facilitate swift and accurate deliveries due to the rapid expansion of e-commerce and online retail sectors is one of the major factors contributing to the market growth. Additionally, the growing infrastructural advancements and investments in roadways, railways, and air connectivity reducing transit times and aiding domestic logistics is creating a positive outlook for the market growth. In addition to this, the rising sustainability and environmental consciousness among companies encouraging them to integrate environmentally responsible strategies into their operations, for optimizing route planning and adopting cleaner energy sources for transportation, is providing a thrust to the market growth. Moreover, the incorporation of advanced technologies like the Internet of Things (IoT), artificial intelligence (AI), and data analytics for real-time tracking, predictive analytics for demand forecasting, and automation in warehouses leading to heightened accuracy, reduced errors, and increased operational agility, is positively impacting the market growth. Furthermore, the increasing government initiatives, such as the implementation of the Goods and Services Tax (GST) streamlining the interstate movement of goods, replacing a complex tax structure with a unified tax regime leading to improved transit times and reduced inventory holding costs, is providing an impetus to the market growth. Other factors, including rising disposable incomes of consumers, increasing demand for last-mile delivery services and widespread adoption of green logistics solutions, are presenting remunerative growth opportunities for the market. Looking forward, the market value is projected to reach US$ 557.4 Billion by 2032, expanding at a CAGR of 7.85% during 2024-2032.


Market Summary:

  • Based on the model type, the market has been segmented into 2, 3 and 4 PL. According to the report, 3 PL represents the largest segment.
  • On the basis of the transportation mode, the market has been categorized into roadways, seaways, railways, and airways. Amongst these, roadways represent the largest segment.
  • Based on the end-use, the market has been divided into manufacturing, consumer goods, retail, food and beverages, IT hardware, healthcare, chemicals, construction, automotive, telecom, oil and gas, and others. According to the report, manufacturing accounts for the largest market share.
  • Region-wise, the market has been segmented into North India, West and Central India, South India, and East India. Amongst these, West and Central India are the largest market for logistics.
  • The competitive landscape of the market has been examined in the report, along with the detailed profiles of the major players operating in the industry.


Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
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)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


Contact Us:

IMARC Group
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

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 to Reach US$ 557.4 Billion by 2032, Stimulated by Increasing Digitalization and E-Commerce Sector
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More