Market Size of Germany Contract Logistics Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 3.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Germany Contract Logistics Market Analysis
Germany, along with UK and France is one of the biggest contributors to the contract logistics market in the Western Europe region and is expected to show a CAGR of over 3% during the forecast period of 2020-2025. The growth in the market is the result of the economic strength, population density, infrastructure and gateway function.
Divided into consumer goods and industrial contract logistics, German contract logistics is one of the most important markets in Europe with high market potential. Germany is one of the largest exporters of automotive contributing 20% of the total automotive exports across the world, majorly exporting to the US, China, UK and France. Despite the slow growth in the German economy in the year 2018-19, government regulation of the carbon-free economy by 2050 is driving the contract logistics service providers to bring about the technological improvements in the logistics and warehousing sector.
