Exploring India Logistics Market Opportunity, Latest Trends, Demand, and Development By 2030- MarkNtel Advisors
According to Markntel Advisors Report, India Logistics Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Global India Logistics
Market Research Report & Summary:
The India Logistics Market size was
valued at around USD 230
billion in 2024 and is projected to reach USD 360 billion by 2030. Along
with this, the market is estimated to grow at a CAGR of around 8% during the
forecast period, i.e., 2025-30.
Time
Period Captured in the Report:
·
Historical
Years: 2020-2023
·
Base
Years: 2024
·
Forecast
Years: 2025-2030
Who are the Key Players Operating in
the India Logistics Market?
The top
companies of the India Logistics Market ruling the industry are:
FM Logistics, Gati, Mahindra Logistics, Ekart
Logistics, Blue Dart, DTDC, Ecom Express, DHL, Delhivery, FedEx, Xpressbees,
Shadowfax, Aramex, Shiprocket Fulfillment, Transport Corporation of India Ltd.
(TCI), Allcargo Logistics Ltd., and others
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What is Included in India Logistics
Market Segmentation?
The India Logistics Market explores the
industry by emphasizing the growth parameters and categorizes including
geographical segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
-By Service
-Transportation Services- Market Size & Forecast 2020-2030, USD Million
-Warehousing & Distribution Services- Market Size & Forecast
2020-2030, USD Million
-Freight Forwarding Services- Market Size & Forecast 2020-2030, USD
Million
-Inventory Management Services- Market Size & Forecast 2020-2030,
USD Million
-Value Added Logistics Services- Market Size & Forecast 2020-2030,
USD Million
-Integration & Consulting Services- Market Size & Forecast
2020-2030, USD Million
-By Category
-Conventional Logistics- Market Size & Forecast 2020-2030, USD
Million
-E-Commerce Logistics- Market Size & Forecast 2020-2030, USD Million
-By Model
-2PL (Second Party Logistics)- Market Size & Forecast 2020-2030, USD
Million
-3PL (Third Party Logistics)- Market Size & Forecast 2020-2030, USD
Million
-4PL (Fourth Party Logistics)- Market Size & Forecast 2020-2030, USD
Million
-By Type
-Forward Logistics- Market Size & Forecast 2020-2030, USD Million
-Reverse Logistics- Market Size & Forecast 2020-2030, USD Million
-By Operation
-Domestic- Market Size & Forecast 2020-2030, USD Million
-International- Market Size & Forecast 2020-2030, USD Million
-By Mode of Transport
-Roadways- Market Size & Forecast 2020-2030, USD Million
-Waterways- Market Size & Forecast 2020-2030, USD Million
-Airways- Market Size & Forecast 2020-2030, USD Million
-Railways- Market Size & Forecast 2020-2030, USD Million
-By Region
-North India
-South India
-East India
-West India
Explore the Complete India Logistics Market Analysis Report – https://www.marknteladvisors.com/research-library/india-logistics-market.html
India Logistics Market Driver:
Growth of
E-Commerce Driving Market Growth – The explosive rise of E-commerce across
India has directly led to a 50% increase in demand for different logistics
services capable of quick and convenient delivery. This is ostensibly owing to
the increased penetration of smartphones easily engaged in E-commerce. Also,
the increasing investments in logistics by big E-commerce companies in the
provision of quick delivery and enhanced customer experience is driving the
market demand. For instance, in April 2023, Flipkart stepped up its logistics
operations to ensure that deliveries across the country are met with ease,
keeping in mind the transformation of tech-driven E-commerce. Also, E-commerce
rose sharply during and after the pandemic, showing around a 36% increase in
orders that have created immense demand for the logistics market in India.
Besides, this led to the growing adoption of micro-fulfillment centers,
particularly in urban areas, enabling quick delivery times to meet the growing
consumer demand for same- or next-day deliveries.
India Logistics Market Opportunity:
Rising
Development of Multiple Logistics Parks – Logistics parks are proliferating
rapidly in India, creating a rare opportunity for the indian logistics industry
participants. The intention of enhancing the logistically-driven infrastructure
of the country and boosting international trade is encoded in the government's
push for establishing Multi-Modal Logistics Parks (MMLPs). These parks use
intermodal transport to facilitate sustainable and efficient movement of goods.
For instance, Reliance Industries Limited has been awarded a project to
establish an MMLP in Chennai.
Furthermore,
within the next few years, the government aims to construct around 35 such
parks. These logistics parks would be properly laid out to bring about
reductions in transportation cost, and supply chain efficiency, and promote
sustainability via reductions in carbon emissions. The establishment of MMLPs
is expected to align India's logistics costs closer to the global average
market, thus making it more competitive and attractive to companies.
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Why Markntel Advisor Report?
MarkNtel Advisors is a leading consulting, data
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strategic reports on diverse industry verticals. We being a qualitative &
quantitative research company, strive to deliver data to a substantial &
varied client base, including multinational corporations, financial
institutions, governments, and individuals, among others.
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many years and have conducted multi-industry research across 80+ countries,
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the Middle East & Africa, etc., and many countries across the regional
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and several others.
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