North America Logistics Market Report, Size and Forecast 2023-2028

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

Report Format: PDF+Excel | Report ID: SR112023A1810

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Market Overview 2023-2028:

The North America logistics market size reached US$ 1,413.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,636.2 Billion by 2028, exhibiting a growth rate (CAGR) of 2.4% during 2023-2028.

Logistics refers to the process of planning, implementing, coordinating resources, and managing the flow of things from the point of origin to the final point of consumption. Resources which are managed in logistics can include tangible items, such as liquids, equipment, materials, food products and intangible goods like information. The process of logistics assists in efficient and effective transportation and storage of goods as well as planning of related services. Logistics management primarily includes production, packaging, inventory, warehousing, security, material handling, integration of information, inbound and outbound transportation, and supply/demand planning of the third-party providers.

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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North America Logistics Market Trends:

The North America logistics market is currently being driven by several factors. The increasing demand for the foreign goods in the emerging economies, such as Indonesia, Thailand and India specifically imported from the North American countries, acts as one of the major forces which is catalyzing the growth of the logistics market in the region. Owing to the rising environmental concerns, the adoption of green logistics solutions has been witnessed in recent years. At present, the United States represents one of the key markets for logistics in the region with highly integrated supply chain network that links producers and consumers through multiple transportation modes, such as air and express delivery services, freight rail, maritime transport, and truck transport.

Key Market Segmentation:

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

Breakup by Model Type:

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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2 PL
3 PL
4 PL

Breakup by Transportation Mode:

Roadways
Seaways
Railways
Airways

Breakup by End-Use:

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

Breakup by Country:

United States
Canada

Competitive Landscape:

Competitive Structure
Key Player Profiles

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, Country
Countries Covered	United States, Canada
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)

Key Questions Answered in This Report

The North America logistics market was valued at US$ 1,413.4 Billion in 2022.

We expect the North America logistics market to exhibit a CAGR of 2.4% during 2023-2028.

The rising bilateral trade activities, along with the increasing popularity of logistics for efficient and effective transportation and storage of goods and planning of related services, are primarily driving the North America logistics market.

The sudden outbreak of the COVID-19 pandemic has led to the growing demand for logistics facilities across North America, catering to the requirement for numerous essential goods and healthcare products for combating the spread of the coronavirus infection.

Based on the model type, the North America logistics market has been divided into 2 PL, 3 PL, and 4 PL. Among these, 2 PL model type exhibits clear dominance in the market.

Based on the transportation mode, the North America logistics market can be bifurcated into roadways, seaways, railways, and airways. Currently, roadways hold the majority of the total market share.

Based on the end use, the North America logistics market has been segregated into manufacturing, consumer goods, retail, food and beverages, IT hardware, healthcare, chemicals, construction, automotive, telecom, oil and gas, and others. Among these, the manufacturing sector currently represents the largest market share.

On a regional level, the market has been segmented into United States and Canada, where the United States currently dominates the North America logistics market.

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