Logistics Services Industry Overview 2025

According to Straits Research, the global logistics services market size was valued at USD 1287.6 billion in 2024 and is projected to reach USD 2427.61 billion by 2033, growing at a CAGR of 7.3% during the forecast period (2025–2033). Major growth is being fuelled by rising global trade activities and the surging demand from the e-commerce sector, supported by better internet access and mobile adoption.

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