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UPS Supply Chain Solutions, C.H. Robinson and DSV Panalpina hold a significant market share of 16% in manufacturing logistics industry, this market presence reflects their extensive capabilities in providing comprehensive logistics solutions that cater to the diverse needs of manufacturing sectors. UPS Supply Chain Solutions leverages its global network and advanced technology to offer end-to-end logistics services, from freight forwarding to warehousing and distribution.
C.H. Robinson excels in freight transportation and logistics, known for its robust global freight management and sophisticated supply chain optimization tools. DSV Panalpina, a major player in global transport and logistics, provides a broad range of services including air and sea freight, road transport, and contract logistics, tailored to support complex manufacturing supply chains.
Europe's manufacturing logistics market is growing because of e-commerce tendencies. Furthermore, research and development in logistics are being funded by European nations. In addition, the availability of workers and the prospective infrastructure in the region provide European countries with a lucrative chance to advance in this sector.
The major players operating in the manufacturing logistics industry are:
C.H. Robinson, DB Schenker, DHL Supply Chain, DSV Panalpina, FedEx Supply Chain, Kuehne + Nagel, and UPS Supply Chain Solutions.
Asia Pacific market held 34% revenue share in 2023, attributed to cost efficiency, favorable production setups in China, India, ASEAN countries, and significant infrastructure investments enhancing logistics and reducing costs.
The transportation segment in the manufacturing logistics industry held 42% revenue share in 2023, owing to its role in supply chain logistics for impacting manufacturing efficiency, customer satisfaction, and supporting diverse services for industrial needs.
The market size of manufacturing logistics reached USD 149.6 billion in 2023 and is set to witness over 9% CAGR between 2024 and 2032, due to the rise in globalization and international trade.