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Outbound Logistics Market Share

  • Report ID: GMI10062
  • Published Date: Jun 2024
  • Report Format: PDF

Outbound Logistics Market Share

FedEx, UPS, and DHL dominate outbound logistics industry holding market share over 7%. FedEx Corporation enhances transparency and customer satisfaction by investing in advanced tracking systems that offer real-time shipment updates. It also implements AI-driven solutions and automation in sorting and distribution centers to boost efficiency and lower operational costs.
 

UPS invests in drone technology for last-mile deliveries in remote or congested areas to enhance service speed and reduce costs. It also integrates IoT devices to monitor the condition of goods in transit, ensuring the quality and safety of sensitive shipments. Along with this, they also use advanced route planning software to optimize delivery routes, reduce fuel consumption, and improve delivery times.
 

DHL Supply Chain provides tailored logistics solutions that align with customer preferences and business requirements, boosting customer loyalty. They also establish loyalty programs to reward repeat customers and encourage long-term partnerships. Furthermore, they establish regional hubs in key markets to streamline operations and improve delivery speeds.
 

Outbound Logistics Market Companies

Major players operating in the outbound logistics industry are:

  • DHL Supply Chain
  • FedEx Corporation
  • UPS (United Parcel Service)
  • XPO Logistics
  • C.H. Robinson
  • DB Schenker
  • Kuehne + Nagel
  • DSV Panalpina
  • Nippon Express
  • Ryder System
  • Maersk (A.P. Moller-Maersk)
     
Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of outbound logistics reached USD 2.7 trillion in 2023 and is set to witness 7.2% CAGR from 2024 to 2032, owing to the rise of online shopping and e-commerce boom worldwide.

Outbound logistics industry from the large enterprises segment held 66% share in 2023, due to dealing with much greater numbers of outbound shipments than smaller enterprises.

Asia Pacific market recorded around 34% share in 2023, attributed to surge in e-commerce, driven by rising internet access, smartphone use, and a burgeoning middle class in the region.

DHL Supply Chain, FedEx Corporation, UPS (United Parcel Service), XPO Logistics, C.H. Robinson, DB Schenker, Kuehne + Nagel, DSV Panalpina, Nippon Express, Ryder System, and Maersk (A.P. Moller-Maersk), are some of the major outbound logistics companies worldwide.

Outbound Logistics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 300
  • Countries covered: 25
  • Pages: 250
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