The rise of free trade agreements between nations, the growth of international trade, the growth of technology-driven logistics services, the increasing adoption of IoT-enabled connected devices, and the increase in demand for logistics services in public utilities are driving the global government and education logistics market. On the basis of region, North America held the largest share in 2021, holding nearly 30% market share in the global government and education logistics market.
Portland, Ore., Jan. 31, 2023 (GLOBE NEWSWIRE) — According to a report published by Allied Market Research, the global government and education logistics market collected USD 406.19 billion in 2021 and is expected to generate USD 917.36 billion by 2031, showing a CAGR of 8.3% from 2022 to 2031. The report provides extensive analysis of changing market dynamics, key segments , value chains, competitive scenarios and regional landscapes. This research offers valuable guidance to leading players, investors, shareholders and start-ups in developing strategies for sustainable growth and gaining a competitive edge in the market.
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Report coverage and details:
|
Report coverage |
Details |
|
Forecast period |
2022–2031 |
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Base year |
2021 |
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Market size in 2021 |
$406.19 billion |
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Market Size in 2031 |
$917.36 billion |
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CAGR |
8.3% |
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Number of pages in the report |
257 |
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Covered segments |
End use, type of business, mode of operation and region |
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Drivers |
The rise of free trade agreements between nations Growth in international trade The rise of technology-driven logistics services and the growing adoption of IoT-enabled connected devices Increasing demand for logistics services in utilities |
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Opportunities |
Reduce costs and reduce lead times by adopting multimodal systems New Government Policies |
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Limits |
Poor infrastructure and higher logistics costs Increasing number of cargo thefts |
Covid-19 scenario:
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The outbreak of COVID-19 has led to travel bans and quarantines, resulting in massive delays in supply chain and logistics activities around the world.
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As a result of the coronavirus outbreak, important supply chains in the logistics and transport industry have been disrupted, albeit differently in the road, air and sea transport sectors.
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The education process of over 1.7 billion children, youth and their families has been severely disrupted by the COVID-19 issue, which has resulted in the closure of schools in 188 countries and has had a direct impact on global government and education logistics.
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The government and education logistics market has a large scope of growth opportunities in the future due to factors such as government organizations and healthcare professionals involved in developing employee safety policies and strategies to reduce the risk of catastrophes in unforeseen pandemics.
The study provides detailed segmentation of the global government and education logistics market based on end-use, business type, mode of operation, and region. The report examines the segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the top revenue generating and fastest growing segments mentioned in the report.
On the basis of end-use, the military and defense segment had the highest share in 2021, accounting for more than 40% of the global government and education logistics market and is expected to continue its leadership status during the forecast period. However, the public services segment is expected to register the highest CAGR of 9.2% from 2022 to 2031.
On the basis of business type, the distribution segment accounts for the highest share in 2021, contributing more than 50% of the global government and education logistics market, and is expected to maintain its leading position in terms of revenue during the forecast period. However, the value-added services segment is expected to exhibit the highest CAGR of 8.9% from 2022 to 2031.
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Based on mode of operation, the storage segment accounts for the highest share in 2021, holding more than 30% of the global government and education logistics market and is expected to continue its leadership status during the forecast period. However, the seaborne distribution segment is expected to grow at the highest CAGR of 9.1% during the forecast period.
On the basis of region, North America held the largest share in 2021, holding around 30% market share of the global government and education logistics market. Moreover, Asia Pacific is expected to exhibit the fastest CAGR of 10.4% during the forecast period.
Leading market players in the global government and education logistics market analyzed in the research include Agility, AIT Worldwide Logistics, Inc., ARC Worldwide Limited, Atlantic Logistics, DB Schenker, Deutsche Post DHL Group, DSV, PLS Logistics, Scan Global Logistics A/ S, SEKO Logistics and Vetcom Logistics.
The report provides a detailed analysis of these key players in the global government and education logistics market. These players have adopted various strategies such as new product launches, collaborations, expansions, joint ventures, agreements, and others to increase their market share and maintain dominant shares in various regions. The report is valuable as it highlights the business performance, operational segments, product portfolio and strategic moves of the market players to show the competitive scenario.
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About us
Allied Market Research (AMR) is the market research and business consulting arm of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises, as well as medium and small businesses, with an unmatched quality of “Market research reports” and “Business Intelligence Solutions.” AMR has a single-minded view of providing business insights and consulting to help its clients make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relationship with various companies and this helps us to extract market data which helps us to generate accurate data tables from surveys and confirms extreme accuracy in our market forecasts. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high data quality and help clients in every possible way to achieve success. All the data presented in the reports published by us are derived through primary interviews with senior executives from leading companies in the respective domain. Our secondary data delivery methodology involves in-depth online and offline research and discussions with experienced industry professionals and analysts.
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