India Logistics Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 7.85% (2024-2032)
Driven by e-commerce growth, urbanization, and government initiatives, India's logistics market is poised for exponential growth. According to the latest report by IMARC Group, the India logistics market size reached US$ 282.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 557.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.85% during 2024-2032.
India Logistics Industry Trends and Drivers:
The India logistics market is expanding rapidly, owing to several interconnected factors. Primarily, the market is driven by growing e-commerce, a rise in manufacturing, as well as the programs of the government bodies to upgrade infrastructure. Besides this, the "National Logistics Policy" and "Gati Shakti" initiatives, which emphasize optimizing supply chain efficiency, cutting expenses, and simplifying logistical procedures, aid in the expansion of the market. Key infrastructure developments, including roadways, railways, and dedicated freight corridors, are transforming the India logistics market, enabling faster and more reliable movement of goods across the country. Additionally, the push for greater regional connectivity, with investments in seaports and airports, has improved access to global markets, further fueling the growth of the logistics sector.
Key trends shaping the India logistics market include the integration of advanced technology solutions like automation, artificial intelligence (AI), and the Internet of Things (IoT), which enhance supply chain visibility, optimize inventory management, and enable real-time tracking. Furthermore, warehousing and cold chain logistics are also witnessing rapid expansion to support the needs of sectors like agriculture, pharmaceuticals, and food and beverage. In line with these factors, the growth in third-party logistics (3PL) providers and increased collaboration between logistics companies and e-commerce platforms are improving last-mile delivery capabilities, especially in rural areas. As digital transformation and infrastructure upgrades continue, the market is expected to expand robustly, meeting the demands of a rising consumer base and supporting the country's economic development goals. Consequently, the convergence of these factors is anticipated to propel the growth of the India logistics market in the coming years.
Grab a sample PDF of this report: https://www.imarcgroup.com/india-logistics-market/requestsample
India Logistics Industry Segmentation:
The report has segmented the market into the following categories:
Breakup by Model Type:
- 2 PL
- 3 PL
- 4 PL
Breakup by Transportation Mode:
- Roadways
- Seaways
- Railways
- Airways
Breakup by End Use:
- Manufacturing
- Consumer Goods
- Retail
- Food and Beverages
- IT Hardware
- Healthcare
- Chemicals
- Construction
- Automotive
- Telecom
- Oil and Gas
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
