Logistics Market : Rising Globalization and Reduction of the Trade Barriers Drives the Market by 2015 - 2021

Published By:Zion Market Research

Logistics Market : Rising globalization and
reduction of the trade barriers drives the market
by 2015 - 2021

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Logistics Market

Logistics can be defined as collaboration of different segments such as supply, material
management and distribution. As per the council of logistics management logistics can be
stated as process of planning, implementing, and controlling the efficient, effective flow and
storage of goods, services, and related information from point of origin to point of consumption
for the purpose of conforming to customer requirements. Logistics is the management of things
from the origin to the end consumer and involves activities such as material handling,
packaging, transportation, inventory, security and warehousing.

Browse the full report at: https://www.zionmarketresearch.com/report/logistics-market

Rising globalization and reduction of the trade barriers are supporting the growth of logistics
market. Additionally, growing trend towards online shopping along with technological
advancement in transaction, communication and new product development fuels the growth of
this market. Adoption of advance tracking system for delivery such as GPS, bar code system,
RFID by the logistics providers for tracking application stimulates the market growth.

Logistics Market
However, stringent regulations led by government in particular regions to defend the domestic
industries and local shopkeepers may inhibit the growth of logistics market.

In order to give comprehensive view on the logistics market we have included a detailed value
chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s
Five Forces model for the logistics market has also been...