Contract Logistics Market Analysis: Agility, CEVA, DB Schenker Drive Growth at 7.6% CAGR
Contract Logistics Market Poised for $470.75 Billion Boom by 2030, Driven by E-commerce Surge and Tech Innovation Market Overview: The global contract logistics market is expected to witness a robust 7.6% CAGR from 2023 to 2030, reaching a staggering $470.75 billion by the end of the forecast period. This growth is fueled by several key factors, including: E-commerce boom: The rapid rise of online shopping is driving demand for efficient and flexible logistics solutions, creating significant opportunities for contract logistics providers. Technological advancements: Innovations like artificial intelligence, robotics, and cloud-based software are streamlining operations, optimizing processes, and enhancing visibility across the supply chain. Focus on cost savings and efficiency: Companies are increasingly outsourcing their logistics needs to benefit from economies of scale and expertise offered by contract logistics providers...