Green Logistics Market (Service Type - Value Added Services, Warehousing, and Others; Mode of Operation - Storage, Seaways Distribution, Roadways Distribution, and Others; End User - Healthcare, Manufacturing, Automotive, Retail and E-commerce, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2032

A recent report published by Infinium Global Research on green logistics market provides in-depth analysis of segments and sub-segments in the global as well as regional green logistics market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional green logistics market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global green logistics market.

Market Insight:

The global market size of the green logistics market was worth USD 1.43 trillion in 2023, and it is expected to reach USD 2.93 trillion in 2032, growing at the CAGR of 8.32% over the forecast period 2024-2032.

Green logistics, also known as eco-logistics, involves the integration of environmental sustainability into logistics and supply chain management to minimize ecological impacts. This approach focuses on reducing greenhouse gas emissions, conserving energy, and decreasing waste through various practices. Green logistics comprises several key elements including utilizing low-emission vehicles, optimizing transport routes to cut fuel consumption, and enhancing energy efficiency in warehouses with technologies like LED lighting and renewable energy sources. Green logistics also emphasizes eco-friendly packaging solutions and effective waste management, including recycling and proper disposal. It helps companies to reduce their carbon footprint, achieve cost savings, and improve their corporate image. Furthermore, green logistics also helps businesses obey environmental regulations and meet the growing consumer demand for sustainable practices.

Rising consumer preference for sustainable and eco-friendly products is significantly driving the green logistics market as environmental awareness grows, consumers increasingly prioritize purchasing from companies that demonstrate a commitment to sustainability. Moreover, the surge in the adoption of EVs in the logistics industry is driving the green logistics market as businesses strive to reduce their carbon footprint and meet environmental regulations, EVs offer a compelling solution by providing a cleaner alternative to traditional diesel and gasoline-powered vehicles. The high initial cost associated with green logistics solutions may restrain the market, as implementing green logistics solutions often requires significant upfront investment in technology, such as electric vehicles (EVs), energy-efficient warehouse systems, and sustainable packaging materials. These high initial costs may not be affordable, especially for small and medium-sized enterprises (SMEs). Enhancements in technology create lucrative opportunities for the green logistics market by enabling more efficient and sustainable logistics operations.

Asia Pacific is anticipated to dominate the green logistics market during the forecast period as many countries in the region, such as China, Japan, and South Korea, are implementing stringent environmental regulations and policies aimed at reducing carbon emissions and promoting sustainability. These regulations often include incentives for adopting green logistics practices, such as subsidies for electric vehicles (EVs) and support for renewable energy projects. Moreover, the rapid economic growth and industrial expansion in the region are prompting investments in modern logistics infrastructure. North America is anticipated to show significant growth during the forecast period, as there is a strong consumer preference for sustainable and eco-friendly products in the region. North America is home to numerous technological innovations in logistics, including advancements in electric and hybrid vehicles, smart warehouse systems, and data analytics for route optimization.

Report Scope of the Green Logistics Market:

Segment Covered

The report on provides a detailed analysis of segments in the market based on Service Type, Mode of Operation, and End User.

Segmentation Based on Service Type

·       Healthcare

·       Manufacturing

·       Automotive

·       Retail and E-commerce

·       Others

Segmentation Based on Mode of Operation

·       Healthcare

·       Manufacturing

·       Automotive

·       Retail and E-commerce

·       Others

Segmentation Based on End User

·       Healthcare

·       Manufacturing

·       Automotive

·       Retail and E-commerce

·       Others

Companies Profiled:

·       DHL Group

·       United Parcel Service of America, Inc.

·       FedEx

·       DSV

·       YUSEN LOGISTICS CO., LTD.

·       XPO, Inc.

·       GEODIS

·       KLG Europe

·       Go Green Logistics

·       Peter Green Chilled

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the green logistics market. Moreover, the study highlights current market trends and provides forecasts from 2024-2032. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.