Global Logistics Market : Analysis and Opportunity Assessment 2019-2024

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Global Logistics Market - Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 Book Bureau Provides the Trending Market Research Report on “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” under Transportation category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Global Logistics Market in its present state has come about as a result of an amalgamation of supply side and demand side trends. The rapid proliferation of trade agreements among various nations is the major demand driver of the global logistics market. Additionally, the initiatives aimed at increasing globe trade activities have expanded the demand for logistics in order to keep pace with the rising needs of importers and exporters. According to the latest report by Our Group, titled “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global logistics market reached a value of US$ 4,730 Billion in 2018. Logistics refers to the process of planning and coordinating resources and services from the point of origin to the point of consumption. This process provides efficient and effective transportation and storage of goods and services. The major components of logistics involved in the proper functioning of an organisation or a business include inventory management, inbound and outbound transportation, material handling, warehousing, etc. In recent years, the logistics industry has benefitted from the advancements made in technology, integration, globalization, legislation, and confederations. Request a free sample copy of Logistics Market Report @ https://www.bharatbook.com/marketreports/sample/reports/1598789 The advancements in technology which involve automated material handling equipment, biometrics, GPS, etc. aid organisations and businesses to work proficiently, thereby spurring the growth of the logistics market across the globe. The upsurge in internet retailing and the increasing popularity of online shopping are some of the other factors supporting the market growth. Looking forward, the market is projected to reach a value of US$ 6,300


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