In 2023, the global logistics industry continued to recover from the COVID-19 pandemic hit with a market size of approximately 9.41 trillion U.S dollars. By 2028, the logistics industry scale is projected to exceed 14.08 trillion U.S dollars.
Size of the global logistics industry from 2018 to 2023, with forecasts until 2028
(in trillion U.S dollars)
* Forecast.
The forecast data is based on the 2023 value and the compound annual growth rate of 5.6 percent between 2023 and 2028.
Figures prior to 2023 were taken from previous releases.
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Research and Markets. (May 7, 2024). Size of the global logistics industry from 2018 to 2023, with forecasts until 2028 (in trillion U.S dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/943517/logistics-industry-global-cagr/
Research and Markets. "Size of the global logistics industry from 2018 to 2023, with forecasts until 2028 (in trillion U.S dollars)." Chart. May 7, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/943517/logistics-industry-global-cagr/
Research and Markets. (2024). Size of the global logistics industry from 2018 to 2023, with forecasts until 2028 (in trillion U.S dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/943517/logistics-industry-global-cagr/
Research and Markets. "Size of The Global Logistics Industry from 2018 to 2023, with Forecasts until 2028 (in Trillion U.S Dollars)." Statista, Statista Inc., 7 May 2024, https://www.statista.com/statistics/943517/logistics-industry-global-cagr/
Research and Markets, Size of the global logistics industry from 2018 to 2023, with forecasts until 2028 (in trillion U.S dollars) Statista, https://www.statista.com/statistics/943517/logistics-industry-global-cagr/ (last visited November 23, 2024)
Size of the global logistics industry from 2018 to 2023, with forecasts until 2028 (in trillion U.S dollars) [Graph], Research and Markets, May 7, 2024. [Online]. Available: https://www.statista.com/statistics/943517/logistics-industry-global-cagr/
