In 2023, the global contract logistics market is expected to see the slowest y-o-y growth rate since 2016.

Despite economic challenges, contract logistics operations are increasingly proving to be counter-cyclical, and providers have largely mitigated inflationary issues.

• In 2024, growth is expected to pick up to 3.7% – the highest growth rate since 2021.
• Asia Pacific will be the fastest growing region in both 2023, 2024 and out to 2027.
• Both North America and Europe’s contract logistics markets will experience negative growth in 2023.
• Out to 2027, new data projects the global contract logistics market will grow 3.8%.

Download our free whitepaper to access:

• 2023, 2024 and 2027 market sizes and growth rates, including regional breakdowns and analysis.
• Contextual analysis and factors driving market growth opportunities, challenges and developments.