North American Logistics and Freight Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers North America Logistics and Freight Companies and it is segmented by End User Industry (Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil and Gas, Mining, and Quarrying, Wholesale and Retail Trade, Others), by Logistics Function (Courier, Express and Parcel, Freight Forwarding, Freight Transport, Warehousing, and Storage) and by Country (Canada, Mexico, United States). Market Value (USD) and Market Volume (ton-km, number of parcels, warehousing & storage space in square feet) are both presented. Key Data Points observed include Freight Transport Volume (ton-km) by Mode of Transport; Production Trends (Manufacturing, E-Commerce etc. in USD); Import and Export trends (in USD); and Freight Pricing Trends (USD per ton-km).

North America Freight and Logistics Market Size

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North America Freight And Logistics Market Summary
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Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 1.55 Trillion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 1.89 Trillion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Logistics Function Freight Transport
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 4.05 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country United States

Major Players

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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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North America Freight and Logistics Market Analysis

The North America Freight And Logistics Market size is estimated at USD 1.55 trillion in 2024, and is expected to reach USD 1.89 trillion by 2029, growing at a CAGR of 4.05% during the forecast period (2024-2029).

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1.55 Trillion

Market Size in 2024 (USD)

1.89 Trillion

Market Size in 2029 (USD)

3.35 %

CAGR (2017-2023)

4.05 %

CAGR (2024-2029)

Fastest Growing Segment by Mode of Transport

4.40 %

Projected CAGR, Pipelines , 2023-2029

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The pipeline segment's growth is facilitated by the presence of 17,210 km of pipelines in Mexico as of 2021, which is expected to increase to 18,889 km by 2025.

Largest CEP Segment by Destination Type

82.54 %

value share, Domestic , 2022

Icon image

E-commerce being a major driver for domestic CEP growth, is growing rapidly in the United States and has contributed USD 904.89 billion worth of e-commerce sales in 2022.

Largest Country

78.37 %

value share, United States , 2022

Icon image

In 2022, the US government initiated the Freight Logistics Optimization Works (FLOW) to increase supply chain efficiency and enhance freight and logistics.

Largest Segment by End User Industry

29.46 %

value share, Wholesale and Retail Trade , 2022

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Retail sales in the US were up by 9.20% YoY in 2022. Whereas, retail sales in Canada grew by 2.20% YoY in the first 9 months of 2022. This drove the growth of the segment.

Fastest Growing Warehousing Segment by Temperature Control

4.76 %

Projected CAGR, Temperature Controlled , 2023-2029

Icon image

In 2022, Lineage Logistics and Americold together accounted for 61% of North America's total cold storage space. Moreover, the segment is supported by the pharmaceutical sector.

Rising demand for foreign goods in Indonesia, Thailand, and India imported from North America leading to transport sector growth

  • The North American logistics market is currently being driven by several factors. The increasing demand for foreign goods in emerging economies, such as Indonesia, Thailand, and India, specifically imported from North American countries, acts as one of the major forces that are catalyzing the growth of the logistics market in the North American region. As a result of increasing trade volumes in the countries across the region, the demand for goods in the North American region witnessed a steep rise. In 2022, the North American logistics market grew by 5.31% on a YoY basis.
  • North America's trade with Europe has also grown. In 2019, the volume of Europe-North America air trade accounted for about 3.4 million tons. Five countries accounted for 67% of the European-North American air trade in 2019. Germany held the highest share, which was 22.4%, followed by the United Kingdom and France, which held shares of 15.6% and 10.3%, respectively.
  • Under North America's commodity trade with Europe, electricals accounted for 26% of the total volume, the commodity division with the largest share. The second-highest commodity was chemical and related products, which held an air trade share of 13%. As of 2022, the overall exports from North America rose to USD 3.32 trillion, which was up from USD 2.50 trillion in 2021.
North America Freight And Logistics Market

Enhancing freight & logistics sector in North America through government investments from US (USD 31 million), Canada (USD 2.3 billion) and Mexico (USD 44 billion)

  • The freight and logistics market in North America is dominated by the United States, Mexico, and Canada. In August 2022, the total transborder freight between the United States, Canada, and Mexico recorded a YoY increase of 13.9%. Road freight was a crucial mode of transportation in North America, wherein truck freight witnessed a YoY increase of 19% in August 2022. In the United States, the volume of road freight declined at a YoY rate of 1.9% (ton-km) in 2022, led by a fall in lumber carloads due to a weak market for new home construction and supply chain bottlenecks. Air cargo volumes witnessed a decline of 8.6% in October 2022.
  • In 2021, industrial logistics recorded strong performance in the region, mostly led by rapid economic growth. The share of leasing activity was led by general retail and wholesale, accounting for 35.8%, while third-party logistics accounted for about 32.2%. The overall share of e-commerce was 10.7% during the year. The total commercial warehousing space witnessed a YoY increase of 9.77% in 2022, driven by growth in e-commerce and other factors. The demand for cold chain facilities is expected to witness robust growth during the forecast period.
  • In October 2022, the US Department of Transportation invested around USD 31 million to expand cargo infrastructure and strengthen the supply chain. In order to modernize and upgrade rail infrastructure, the US government announced a funding amount of USD 1.4 billion in 2022. The Government of Mexico initiated a USD 44 billion plan for 2020-2024, focusing on transportation infrastructure under the framework of the National Private Sector Infrastructure Investment Agreement. The Government of Canada also invested over USD 2.3 billion in the National Trade Corridors Fund to enhance freight transportation.

North America Freight And Logistics Market Trends

The United States dominates regional GDP with 86% contribution, fueled by port infrastructure program and supply chain strengthening measures

  • Transportation and storage in North America experienced a growth increase from 14.31% YoY in 2021 to 21.35% YoY in 2022 due to rising in demand for warehouse and distribution centers for e-commerce. This encompassed various transportation aspects, resulting in a combined value of USD 642.60 billion. In 2022, the US Department of Transportation unveiled the Port Infrastructure Development Program, allocating over USD 703 million for 41 projects spanning 22 states to enhance port capabilities, supply chain reliability, and job prospects.
  • Transportation and warehousing contributed a GDP of MXN 1.84 trillion (USD 0.094 trillion) during the third quarter of 2022, marking a 0.62% quarterly increase and a substantial 21.3% surge compared to the previous year's corresponding period. The Infrastructure, Communications, and Transport Ministry, in collaboration with the public and private sectors, committed investments totaling MXN 768 billion (USD 39.38 billion) in 2022 to enhance Mexico's road and rail infrastructure. This comprehensive effort aims to modernize railways, highways, and bridges while also addressing road safety enhancements.
  • In North America, the United States is the largest contributor to the GDP of the transportation and storage sector, accounting for 86% of the total North American transportation and storage sector's GDP. The United States contributes six times the combined value of Canada and Mexico. The Canadian government provided an additional CAD 1.9 billion (USD 1.46 billion) to the National Trade Corridors Fund over four years (2021-22 to 2024-25), which may spur investments in much-needed improvements to Canada's roads, rails, and shipping routes, build long-term resilience for the Canadian economy, and support internal trade.
North America Freight And Logistics Market

Low supply and high demand for natural gas in the United States are anticipated to increase natural gas prices

  • Natural gas prices declined by 14.7% YoY, and gasoline prices declined by 13.5% YoY in 2021. However, in 2022, natural gas prices recorded a YoY growth of 34.3%, and the YoY growth of gasoline prices stood at 12.8% due to high inflation and the Russia-Ukraine War. The supply of crude oil became more constrained, and the gasoline demand increased, which raised the price even higher. The retail diesel prices are predicted to average around USD 4.20/gal in 2023, down by 16% from 2022, and the diesel refining margins in the country are expected to decline by 20% in 2023 and 38% in 2024. The prices are expected to keep dropping in 2024 and average close to USD 3.70/gal.
  • The primary driver of high gas and diesel prices is the price of crude oil, which is now 75% higher than in 2021. For instance, in Canada, gas prices jumped by more than 50% in 2021, pushing the cost of a liter to more than USD 1.56 in many parts of the country. Similarly, many western states faced much higher gas prices in the United States because of more limited refining capacity.
  • There has been a rapid rise in diesel fuel prices, squeezing freight transportation companies and their customers. The impact is evident more in Mexico, where about 80% of trucks are managed by small trucking companies or owner-operators. The increase in natural gas prices in the United States will inevitably spread to Mexico's gas and power markets. However, Mexico imports 80% of its fuel from the United States. Still, gas and diesel cost less in Mexico because the Mexican government offers the trucking industry subsidies to offset operating expenses. A weaker-than-expected supply response in the United States, combined with high natural gas demand in domestic and export markets, is expected to increase the prices further.
North America Freight And Logistics Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • North America's population increased to 601.21 million in 2022, reflecting a 0.61% YoY growth, fueled by migration and recovery in the death rate
  • Agriculture, fishing, and forestry registered the highest growth during the review period owing to rising trade under the US-Mexico-Canada Agreement (USMCA)
  • The e-commerce industry in North America grew by over 6% YoY in 2022, led by fashion and electronics sub-segments
  • North American economies working towards strengthening export led growth through government support
  • Growing road freight rates, led by a surge in fuel prices and driver wages, account for a consolidated 55% of trucking operational costs share
  • North America invest billions in infrastructure and repair to boost their countries rank in Logistic Performance Index
  • Road freight transportation dominated other modes in terms of tonnage handled and reached around 13 billion tons in 2022
  • North American sea ports are enhancing maritime connectivity to overcome challenges such as global shipping congestion
  • Road freight rates in North America surged by 2.83% YoY in 2022 due to a rise in fuel costs
  • Port infrastructure investment boosts connectivity, while Canada invested USD 33 billion into diverse national infrastructure
  • North American economies strengthening the manufacturing sector with USD 280 billion CHIPS and Science Act, USD 4 million Green Manufacturing Initiative
  • A rise in gas prices acted as a major catalyst for increased PPI and CPI in the region
  • The US manufacturing market is expected to reach a revenue value of over USD 14.1 billion by 2030
  • The United States, Canada, and Mexico aim for domestic production of 25% of their total imports from Asia to boost regional integration
  • Production and sales of commercial vehicles, especially heavy trucks, are increasing in the region
  • Daimler, a major truck supplier in North America, witnessed a YoY growth of 16.3% in 2022 truck sales
  • American oil and general cargo exports, coupled with increasing demand and construction projects, are driving growth
  • Investments by the US Department of Transportation are increasing to boost port efficiency and optimize performance
  • The total freight transported in North America reached approximately 34 billion tons in 2022

North America Freight and Logistics Industry Overview

The North America Freight And Logistics Market is fragmented, with the top five companies occupying 16.09%. The major players in this market are C.H Robinson, Deutsche Post DHL Group, FedEx, Kuehne + Nagel and United Parcel Service (sorted alphabetically).

North America Freight and Logistics Market Leaders

  1. C.H Robinson

  2. Deutsche Post DHL Group

  3. FedEx

  4. Kuehne + Nagel

  5. United Parcel Service

North America Freight And Logistics Market Concentration

Other important companies include DB Schenker, DSV A/S (De Sammensluttede Vognmænd af Air and Sea), Expeditors International, GXO Logistics, J.B.Hunt Transport Services Inc., Ryder Systems, XPO Logistics.

*Disclaimer: Major Players sorted in alphabetical order.

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North America Freight and Logistics Market News

  • November 2022: DHL prolonged its partnership with the German Bobsleigh, Luge, and Skeleton Federation (BSD) for another four years. The premium and logistics partnership has been in place since the 2014-2015 winter season, and it includes logistics for all equipment during the seasons, along with the branding of sports equipment and clothing of athletes.
  • October 2022: XPO Logistics opened a less-than-truckload service center in Chicago. The service center area is 150,000 sq ft and has 264 dock doors to accommodate high volumes.
  • October 2022: XPO Logistics has been awarded a multi-year contract by Wavin to manage its transport operations in France. Wavin is an innovative solutions provider of drinking water supplies, sanitation, climate-resilient cities, and heating and cooling systems for the global construction and infrastructure industries.

Free with this Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 60+ free charts, the section covers difficult to find data on various regions pertaining to e-commerce industry trends, economic contribution of the transportation & storage sector, export and import trends, maritime connectivity Indices, port calls and performance among other key indicators.

North America Freight And Logistics Market
North America Freight And Logistics Market
North America Freight And Logistics Market
North America Freight And Logistics Market
North America Freight And Logistics Market
North America Freight And Logistics Market

North America Freight and Logistics Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Demographics

    2. 2.2. GDP Distribution By Economic Activity

    3. 2.3. GDP Growth By Economic Activity

    4. 2.4. Inflation

    5. 2.5. Economic Performance And Profile

      1. 2.5.1. Trends in E-Commerce Industry

      2. 2.5.2. Trends in Manufacturing Industry

    6. 2.6. Transport And Storage Sector GDP

    7. 2.7. Export Trends

    8. 2.8. Import Trends

    9. 2.9. Fuel Price

    10. 2.10. Trucking Operational Costs

    11. 2.11. Trucking Fleet Size By Type

    12. 2.12. Logistics Performance

    13. 2.13. Major Truck Suppliers

    14. 2.14. Modal Share

    15. 2.15. Maritime Fleet Load Carrying Capacity

    16. 2.16. Liner Shipping Connectivity

    17. 2.17. Port Calls And Performance

    18. 2.18. Freight Pricing Trends

    19. 2.19. Freight Tonnage Trends

    20. 2.20. Infrastructure

    21. 2.21. Regulatory Framework (Road and Rail)

      1. 2.21.1. Canada

      2. 2.21.2. Mexico

      3. 2.21.3. United States

    22. 2.22. Regulatory Framework (Sea and Air)

      1. 2.22.1. Canada

      2. 2.22.2. Mexico

      3. 2.22.3. United States

    23. 2.23. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes 1. Market value in USD for all segments 2. Market volume for select segments viz. freight transport, CEP (courier, express, and parcel) and warehousing & storage 3.Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. End User Industry

      1. 3.1.1. Agriculture, Fishing and Forestry

      2. 3.1.2. Construction

      3. 3.1.3. Manufacturing

      4. 3.1.4. Oil and Gas, Mining and Quarrying

      5. 3.1.5. Wholesale and Retail Trade

      6. 3.1.6. Others

    2. 3.2. Logistics Function

      1. 3.2.1. Courier, Express and Parcel

        1. 3.2.1.1. By Destination Type

          1. 3.2.1.1.1. Domestic

          2. 3.2.1.1.2. International

      2. 3.2.2. Freight Forwarding

        1. 3.2.2.1. By Mode Of Transport

          1. 3.2.2.1.1. Air

          2. 3.2.2.1.2. Sea and Inland Waterways

          3. 3.2.2.1.3. Others

      3. 3.2.3. Freight Transport

        1. 3.2.3.1. By Mode Of Transport

          1. 3.2.3.1.1. Air

          2. 3.2.3.1.2. Pipelines

          3. 3.2.3.1.3. Rail

          4. 3.2.3.1.4. Road

          5. 3.2.3.1.5. Sea and Inland Waterways

      4. 3.2.4. Warehousing and Storage

        1. 3.2.4.1. By Temperature Control

          1. 3.2.4.1.1. Non-Temperature Controlled

          2. 3.2.4.1.2. Temperature Controlled

      5. 3.2.5. Other Services

    3. 3.3. Country

      1. 3.3.1. Canada

      2. 3.3.2. Mexico

      3. 3.3.3. United States

      4. 3.3.4. Rest of North America

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 4.4.1. C.H Robinson

      2. 4.4.2. DB Schenker

      3. 4.4.3. Deutsche Post DHL Group

      4. 4.4.4. DSV A/S (De Sammensluttede Vognmænd af Air and Sea)

      5. 4.4.5. Expeditors International

      6. 4.4.6. FedEx

      7. 4.4.7. GXO Logistics

      8. 4.4.8. J.B.Hunt Transport Services Inc.

      9. 4.4.9. Kuehne + Nagel

      10. 4.4.10. Ryder Systems

      11. 4.4.11. United Parcel Service

      12. 4.4.12. XPO Logistics

  7. 5. KEY STRATEGIC QUESTIONS FOR FREIGHT AND LOGISTICS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter's Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (Market Drivers, Restraints & Opportunities)

      5. 6.1.5. Technological Advancements

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

    7. 6.7. Currency Exchange Rate

List of Tables & Figures

  1. Figure 1:  
  2. POPULATION DISTRIBUTION BY GENDER, COUNT, NORTH AMERICA, 2017 - 2029
  1. Figure 2:  
  2. POPULATION DISTRIBUTION BY DEVELOPMENT AREA, COUNT, NORTH AMERICA, 2017 - 2029
  1. Figure 3:  
  2. POPULATION DENSITY, POPULATION/SQ. KM, NORTH AMERICA, 2017 - 2029
  1. Figure 4:  
  2. GROSS DOMESTIC PRODUCT (GDP) SHARE OF FINAL CONSUMPTION EXPENDITURE (IN CURRENT PRICES), SHARE % OF GDP, NORTH AMERICA, 2017 - 2022
  1. Figure 5:  
  2. FINAL CONSUMPTION EXPENDITURE, ANNUAL GROWTH (%), NORTH AMERICA, 2017 - 2022
  1. Figure 6:  
  2. POPULATION DISTRIBUTION BY MAJOR CITY, COUNT, NORTH AMERICA, 2022
  1. Figure 7:  
  2. DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, NORTH AMERICA, 2022
  1. Figure 8:  
  2. GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, NORTH AMERICA, 2017 – 2022
  1. Figure 9:  
  2. WHOLESALE PRICE INFLATION RATE, %, NORTH AMERICA, 2017 - 2022
  1. Figure 10:  
  2. CONSUMER PRICE INFLATION RATE, %, NORTH AMERICA, 2017 - 2022
  1. Figure 11:  
  2. GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, NORTH AMERICA, 2017 - 2027
  1. Figure 12:  
  2. SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, NORTH AMERICA, 2022
  1. Figure 13:  
  2. GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, NORTH AMERICA, 2017 - 2022
  1. Figure 14:  
  2. SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, NORTH AMERICA, 2022
  1. Figure 15:  
  2. VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, NORTH AMERICA, 2017 – 2022
  1. Figure 16:  
  2. TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, NORTH AMERICA, 2017-2022
  1. Figure 17:  
  2. VALUE OF EXPORTS, USD, NORTH AMERICA, 2017 - 2022
  1. Figure 18:  
  2. VALUE OF IMPORTS, USD, NORTH AMERICA, 2017 - 2022
  1. Figure 19:  
  2. FUEL PRICE BY TYPE OF FUEL, USD/LITRE, NORTH AMERICA, 2017 - 2022
  1. Figure 20:  
  2. OPERATIONAL COSTS OF TRUCKING - BREAKDOWN BY OPERATING COST ELEMENT, %, NORTH AMERICA, 2022
  1. Figure 21:  
  2. TRUCKING FLEET SIZE BY TYPE, SHARE %, NORTH AMERICA, 2022
  1. Figure 22:  
  2. RANK OF LOGISTICS PERFORMANCE, RANK, NORTH AMERICA, 2010 - 2023
  1. Figure 23:  
  2. MARKET SHARE OF MAJOR TRUCK SUPPLIER BRANDS, SHARE %, NORTH AMERICA, 2022
  1. Figure 24:  
  2. MODAL SHARE OF FREIGHT TRANSPORTATION SECTOR, SHARE % BY TON-KM, NORTH AMERICA, 2022
  1. Figure 25:  
  2. MODAL SHARE OF FREIGHT TRANSPORT SECTOR, SHARE % BY TONS, NORTH AMERICA, 2022
  1. Figure 26:  
  2. MARITIME FLEET LOAD CARRYING CAPACITY OF COUNTRY FLAGGED VESSELS, DEAD WEIGHT TONNAGE (DWT) BY SHIP TYPE, NORTH AMERICA, 2017 - 2022
  1. Figure 27:  
  2. LINER SHIPPING CONNECTIVITY INDEX, BASE=100 FOR Q1 2006, 2019 - 2022
  1. Figure 28:  
  2. LINER SHIPPING BILATERAL CONNECTIVITY INDEX, NORTH AMERICA, 2021
  1. Figure 29:  
  2. PORT LINER SHIP CONNECTIVITY INDEX, BASE=100 FOR Q1 2006, NORTH AMERICA, 2022
  1. Figure 30:  
  2. MEDIAN TIME SPENT BY VESSELS WITHIN PORT LIMITS OF THE COUNTRY, DAYS, NORTH AMERICA, 2018 - 2021
  1. Figure 31:  
  2. AVERAGE AGE OF VESSELS THAT HAVE CALLED IN THE COUNTRY'S PORTS, YEARS, NORTH AMERICA, 2018 - 2021
  1. Figure 32:  
  2. AVERAGE GROSS TONNAGE OF VESSELS ENTERING THE COUNTRY'S PORTS, GROSS TONNAGE (GT), NORTH AMERICA, 2018 - 2021
  1. Figure 33:  
  2. AVERAGE CARGO CARRYING CAPACITY OF VESSELS THAT HAVE CALLED IN THE COUNTRY'S PORTS, DEAD WEIGHT TONNAGE (DWT) PER VESSEL, NORTH AMERICA, 2018 - 2021
  1. Figure 34:  
  2. AVERAGE CONTAINER CARRYING CAPACITY PER CONTAINER SHIP FOR VESSELS ENTERING THE PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), NORTH AMERICA, 2018 - 2021
  1. Figure 35:  
  2. CONTAINER PORT THROUGHPUT, TWENTY-FOOT EQUIVALENT UNITS (TEUS), NORTH AMERICA, 2016 - 2020
  1. Figure 36:  
  2. TOTAL NUMBER OF SHIP ARRIVALS IN THE COUNTRY'S PORTS, NUMBER OF PORT CALLS, NORTH AMERICA, 2018 - 2021
  1. Figure 37:  
  2. PRICING TREND OF ROAD FREIGHT TRANSPORT SERVICE, USD/TON-KM, NORTH AMERICA, 2017 - 2022
  1. Figure 38:  
  2. PRICING TREND OF RAIL FREIGHT TRANSPORT SERVICE, USD/TON-KM, NORTH AMERICA, 2017 - 2022
  1. Figure 39:  
  2. PRICING TREND OF AIR FREIGHT TRANSPORT SERVICE, USD/TON-KM, NORTH AMERICA, 2017 - 2022
  1. Figure 40:  
  2. PRICING TREND OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT SERVICE, USD/TON-KM, NORTH AMERICA, 2017 - 2022
  1. Figure 41:  
  2. PRICING TREND OF PIPELINES FREIGHT TRANSPORT SERVICE, USD/TON-KM, NORTH AMERICA, 2017 - 2022
  1. Figure 42:  
  2. FREIGHT HANDLED BY ROAD TRANSPORT, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 43:  
  2. FREIGHT HANDLED BY RAIL TRANSPORT, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 44:  
  2. FREIGHT HANDLED BY AIR TRANSPORT, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 45:  
  2. FREIGHT HANDLED BY SEA AND INLAND WATERWAYS TRANSPORT, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 46:  
  2. FREIGHT HANDLED BY PIPELINES TRANSPORT, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 47:  
  2. LENGTH OF ROADS, KM, NORTH AMERICA, 2017 - 2022
  1. Figure 48:  
  2. SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, NORTH AMERICA, 2022
  1. Figure 49:  
  2. SHARE OF ROAD LENGTH BY ROAD CLASSIFICATION, %, NORTH AMERICA, 2022
  1. Figure 50:  
  2. RAIL LENGTH, KM, NORTH AMERICA, 2017 - 2022
  1. Figure 51:  
  2. CONTAINERS HANDLED AT MAJOR PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), NORTH AMERICA, 2022
  1. Figure 52:  
  2. CARGO WEIGHT HANDLED AT MAJOR AIRPORTS, TONS, NORTH AMERICA, 2022
  1. Figure 53:  
  2. VALUE OF FREIGHT AND LOGISTICS MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 54:  
  2. VALUE OF FREIGHT AND LOGISTICS MARKET BY END USER INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 55:  
  2. VALUE SHARE OF FREIGHT AND LOGISTICS MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2017-2029
  1. Figure 56:  
  2. VALUE OF AFF INDUSTRY (AGRICULTURE, FISHING AND FORESTRY) LOGISTICS MARKET, USD, NORTH AMERICA, 2017-2029
  1. Figure 57:  
  2. CAGR OF AFF INDUSTRY (AGRICULTURE, FISHING AND FORESTRY) LOGISTICS MARKET, %, NORTH AMERICA, 2017-2029
  1. Figure 58:  
  2. VALUE OF CONSTRUCTION LOGISTICS MARKET, USD, NORTH AMERICA, 2017-2029
  1. Figure 59:  
  2. CAGR OF CONSTRUCTION LOGISTICS MARKET, %, NORTH AMERICA, 2017-2029
  1. Figure 60:  
  2. VALUE OF MANUFACTURING LOGISTICS MARKET, USD, NORTH AMERICA, 2017-2029
  1. Figure 61:  
  2. CAGR OF MANUFACTURING LOGISTICS MARKET, %, NORTH AMERICA, 2017-2029
  1. Figure 62:  
  2. VALUE OF EXTRACTIVE INDUSTRY (OIL AND GAS, MINING AND QUARRYING) LOGISTICS MARKET, USD, NORTH AMERICA, 2017-2029
  1. Figure 63:  
  2. CAGR OF EXTRACTIVE INDUSTRY (OIL AND GAS, MINING AND QUARRYING) LOGISTICS MARKET, %, NORTH AMERICA, 2017-2029
  1. Figure 64:  
  2. VALUE OF DISTRIBUTIVE TRADE (WHOLESALE AND RETAIL TRADE) LOGISTICS MARKET, USD, NORTH AMERICA, 2017-2029
  1. Figure 65:  
  2. CAGR OF DISTRIBUTIVE TRADE (WHOLESALE AND RETAIL TRADE) LOGISTICS MARKET, %, NORTH AMERICA, 2017-2029
  1. Figure 66:  
  2. VALUE OF OTHER END USERS LOGISTICS MARKET, USD, NORTH AMERICA, 2017-2029
  1. Figure 67:  
  2. CAGR OF OTHER END USER LOGISTICS MARKET, %, NORTH AMERICA, 2017-2029
  1. Figure 68:  
  2. VALUE OF FREIGHT AND LOGISTICS MARKET BY LOGISTICS FUNCTION, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 69:  
  2. VALUE SHARE OF FREIGHT AND LOGISTICS MARKET BY LOGISTICS FUNCTION, %, NORTH AMERICA, 2017-2029
  1. Figure 70:  
  2. VALUE OF COURIER, EXPRESS AND PARCEL MARKET BY DESTINATION TYPE, USD, NORTH AMERICA, 2017-2029
  1. Figure 71:  
  2. VALUE SHARE OF COURIER, EXPRESS AND PARCEL MARKET BY DESTINATION TYPE, %, NORTH AMERICA, 2017-2029
  1. Figure 72:  
  2. VALUE OF DOMESTIC COURIER, EXPRESS AND PARCEL MARKET, USD, NORTH AMERICA, 2017-2029
  1. Figure 73:  
  2. VOLUME OF DOMESTIC COURIER, EXPRESS AND PARCEL MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017-2029
  1. Figure 74:  
  2. VALUE SHARE OF DOMESTIC COURIER, EXPRESS AND PARCEL MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 V/S 2029
  1. Figure 75:  
  2. VALUE OF INTERNATIONAL COURIER, EXPRESS AND PARCEL MARKET, USD, NORTH AMERICA, 2017-2029
  1. Figure 76:  
  2. VOLUME OF INTERNATIONAL COURIER, EXPRESS AND PARCEL MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017-2029
  1. Figure 77:  
  2. VALUE SHARE OF INTERNATIONAL COURIER, EXPRESS AND PARCEL MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 V/S 2029
  1. Figure 78:  
  2. VALUE OF FREIGHT FORWARDING MARKET BY MODE OF TRANSPORT, USD, NORTH AMERICA, 2017-2029
  1. Figure 79:  
  2. VALUE SHARE OF FREIGHT FORWARDING MARKET BY MODE OF TRANSPORT, %, NORTH AMERICA, 2017-2029
  1. Figure 80:  
  2. VALUE OF AIR FREIGHT FORWARDING MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 81:  
  2. VALUE SHARE OF AIR FREIGHT FORWARDING MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 V/S 2029
  1. Figure 82:  
  2. VALUE OF SEA AND INLAND WATERWAYS FREIGHT FORWARDING MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 83:  
  2. VALUE SHARE OF SEA AND INLAND WATERWAYS FREIGHT FORWARDING MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 V/S 2029
  1. Figure 84:  
  2. VALUE OF OTHERS FREIGHT FORWARDING MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 85:  
  2. VALUE SHARE OF FREIGHT FORWARDING MARKET'S OTHERS SEGMENT BY END USER INDUSTRY, %, NORTH AMERICA, 2022 V/S 2029
  1. Figure 86:  
  2. VOLUME OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, USD, NORTH AMERICA, 2017-2029
  1. Figure 87:  
  2. VALUE OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, USD, NORTH AMERICA, 2017-2029
  1. Figure 88:  
  2. VALUE SHARE OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, %, NORTH AMERICA, 2017-2029
  1. Figure 89:  
  2. VALUE OF AIR FREIGHT TRANSPORT MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 90:  
  2. VOLUME OF AIR FREIGHT TRANSPORT MARKET, TON-KM, NORTH AMERICA, 2017 - 2029
  1. Figure 91:  
  2. VALUE SHARE OF AIR FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 V/S 2029
  1. Figure 92:  
  2. VALUE OF PIPELINES FREIGHT TRANSPORT MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 93:  
  2. VOLUME OF PIPELINES FREIGHT TRANSPORT MARKET, TON-KM, NORTH AMERICA, 2017 - 2029
  1. Figure 94:  
  2. VALUE SHARE OF PIPELINES FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 V/S 2029
  1. Figure 95:  
  2. VALUE OF RAIL FREIGHT TRANSPORT MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 96:  
  2. VOLUME OF RAIL FREIGHT TRANSPORT MARKET, TON-KM, NORTH AMERICA, 2017 - 2029
  1. Figure 97:  
  2. VALUE SHARE OF RAIL FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 V/S 2029
  1. Figure 98:  
  2. VALUE OF ROAD FREIGHT TRANSPORT MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 99:  
  2. VOLUME OF ROAD FREIGHT TRANSPORT MARKET, TON-KM, NORTH AMERICA, 2017 - 2029
  1. Figure 100:  
  2. VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 V/S 2029
  1. Figure 101:  
  2. VALUE OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 102:  
  2. VOLUME OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET, TON-KM, NORTH AMERICA, 2017 - 2029
  1. Figure 103:  
  2. VALUE SHARE OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 V/S 2029
  1. Figure 104:  
  2. VALUE OF WAREHOUSING AND STORAGE MARKET BY TEMPERATURE CONTROL, USD, NORTH AMERICA, 2017-2029
  1. Figure 105:  
  2. VALUE SHARE OF WAREHOUSING AND STORAGE MARKET BY TEMPERATURE CONTROL, %, NORTH AMERICA, 2017-2029
  1. Figure 106:  
  2. VALUE OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 107:  
  2. VOLUME OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, SQUARE FEET, NORTH AMERICA, 2017 - 2029
  1. Figure 108:  
  2. VALUE SHARE OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 V/S 2029
  1. Figure 109:  
  2. VALUE OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 110:  
  2. VOLUME OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, SQUARE FEET, NORTH AMERICA, 2017 - 2029
  1. Figure 111:  
  2. VALUE SHARE OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 V/S 2029
  1. Figure 112:  
  2. VALUE OF OTHER SERVICES SEGMENT OF FREIGHT AND LOGISTICS MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 113:  
  2. VALUE OF FREIGHT AND LOGISTICS MARKET BY COUNTRY, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 114:  
  2. VALUE SHARE OF FREIGHT AND LOGISTICS MARKET BY COUNTRY, %, NORTH AMERICA, 2017-2029
  1. Figure 115:  
  2. VALUE OF CANADA SEGMENT OF FREIGHT AND LOGISTICS MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 116:  
  2. VALUE OF MEXICO SEGMENT OF FREIGHT AND LOGISTICS MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 117:  
  2. VALUE OF UNITED STATES SEGMENT OF FREIGHT AND LOGISTICS MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 118:  
  2. VALUE OF REST OF NORTH AMERICA SEGMENT OF FREIGHT AND LOGISTICS MARKET, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 119:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, NORTH AMERICA, 2017-2023
  1. Figure 120:  
  2. MOST ADOPTED STRATEGIES, COUNT, NORTH AMERICA, 2017 - 2023
  1. Figure 121:  
  2. VALUE SHARE OF MAJOR PLAYERS, %, NORTH AMERICA, 2022

North America Freight And Logistics Industry Segmentation

Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others are covered as segments by End User Industry. Courier, Express and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage are covered as segments by Logistics Function. Canada, Mexico, United States are covered as segments by Country.

  • The North American logistics market is currently being driven by several factors. The increasing demand for foreign goods in emerging economies, such as Indonesia, Thailand, and India, specifically imported from North American countries, acts as one of the major forces that are catalyzing the growth of the logistics market in the North American region. As a result of increasing trade volumes in the countries across the region, the demand for goods in the North American region witnessed a steep rise. In 2022, the North American logistics market grew by 5.31% on a YoY basis.
  • North America's trade with Europe has also grown. In 2019, the volume of Europe-North America air trade accounted for about 3.4 million tons. Five countries accounted for 67% of the European-North American air trade in 2019. Germany held the highest share, which was 22.4%, followed by the United Kingdom and France, which held shares of 15.6% and 10.3%, respectively.
  • Under North America's commodity trade with Europe, electricals accounted for 26% of the total volume, the commodity division with the largest share. The second-highest commodity was chemical and related products, which held an air trade share of 13%. As of 2022, the overall exports from North America rose to USD 3.32 trillion, which was up from USD 2.50 trillion in 2021.
End User Industry
Agriculture, Fishing and Forestry
Construction
Manufacturing
Oil and Gas, Mining and Quarrying
Wholesale and Retail Trade
Others
Logistics Function
Courier, Express and Parcel
By Destination Type
Domestic
International
Freight Forwarding
By Mode Of Transport
Air
Sea and Inland Waterways
Others
Freight Transport
By Mode Of Transport
Air
Pipelines
Rail
Road
Sea and Inland Waterways
Warehousing and Storage
By Temperature Control
Non-Temperature Controlled
Temperature Controlled
Other Services
Country
Canada
Mexico
United States
Rest of North America
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Market Definition

  • Agriculture, Fishing, and Forestry (AFF) - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the AFF industry players. The end user players considered are the establishments primarily engaged in growing crops, raising animals, harvesting timber, harvesting fish & other animals from their natural habitats and providing related support activities. Herein, Logistics Service Providers (LSPs) play a crucial role in acquisition, storage, handling, transportation, and distribution activities for the optimal & continuous flow of inputs (seeds, pesticides, fertilizers, equipment, and water) from manufacturers or suppliers to the producers and smooth flow of output (produce, agro-goods) to distributors/ consumers. This includes both termperature controlled and non-temperature controlled logistics, as and when required according to the shelf life of goods being transported or stored.
  • Construction - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the construction industry players. The end user players considered are the establishments primarily engaged in constructing, repairing and renovating residential & commercial buildings, infrastructure, engineering works, subdividing and developing land. Logistics Service Providers (LSPs) play a crucial role in increasing profitability of construction projects by maintaing the inventory of raw materials & equipment, time-critical supplies and by providing other value added services for effective project management.
  • Courier, Express, and Parcel - The Courier, Express, and Parcel services, often called as CEP Market, refers to the logistics and postal service providers which specialize in moving small goods (parcels/packages). It captures the overall market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, (2) Business Customer packages viz. Business-to-Business (B2B) & Business-to-Consumer (B2C) as well as private customer packages (C2C), (3) non-express parcel delivery services (Standard and Deferred) as well as express parcel delivery services (Day-Definite-Express and Time-Definite-Express), (4) domestic as well as international parcels.
  • Demographics - To analyse total addressable market demand, population growth & forecasts have been studied and presented in this industry trend. It represents population distribution across categories like gender (male/female), development area (urban/rural), major cities among other key parameters like population density and final consumption expenditure (growth and share % of GDP). This data has been used for assessing the fluctations in demand & consumption expenditure, and the major hotspots (cities) of potential demand.
  • Export Trends and Import Trends - Overall logistics performance of an economy is positively and significantly (statistically) correlated to its trade performance (exports and imports). Hence, in this industry trend, total value of trade, major commodities/ commodity groups and the major trade partners, for the studied geography (country or region as per the scope of report) have been analysed alongside the impact of major trade/logistics infrastructure investments & regulatory environment.
  • Freight Forwarding - Freight forwarding which herein refers to the freight transportation arrangement (FTA) industry includes establishments primarily engaged in arranging & tracking transportation of freight between shippers and carriers. Logistics Service Providers (LSPs) considered are freight forwarders, NVOCCs, custom brokers and marine shipping agents. Others segment under Freight Forwarding captures the revenue earned through value added services of FTA like custom brokerage/clearance activities, preparation of freight related documentation, consolidation-deconsolidation of goods, cargo insurance & compliance, arrangement of warehousing & storage, liasing with shippers, and freight forwarding through other modes of transport viz. road and rail.
  • Freight Pricing Trends - Freight pricing by mode of transport (USD/tonkm), over the review period, has been presented in this industry trend. The data has been used in assessing the inflationary environment, impact on trade, freight turnover (tonkm), freight and logistics market demand by mode of transport segments and hence the overall freight and logistics market size.
  • Freight Tonnage Trends - Freight tonnage (weight of goods in tons) handled by mode of transport, over the review period, has been presented in this industry trend. The data has been used as one of the parameters apart from average distance per shipment (km), freight volume (tonkm), and freight pricing (USD/tonkm) to assess the freight transport market size.
  • Freight Transport - Freight Transport refers to the hiring of a logistics service provider (outsourced logistics) for the transport of commodities (raw materials/final/intermediate/finished goods including both solids and fluids) from the origin to a destination within the country (domestic) or cross-border (international).
  • Freight and Logistics - External expenditure on (or outsourced) facilitation of freight transport (freight transportation), arrangement of freight transport through an agent (freight forwarding), warehousing and storage (temperature controlled or non-temperature controlled), CEP (domestic or international courier, express and parcel) and other value-added logistics services involved in the transportation of commodities (raw materials or finished goods including both solids and fluids) from the origin to a destination within the country (domestic) or cross-border (international), through one or more modes of transportation viz. road, rail, sea, air and pipelines constitute freight and logistics market.
  • Fuel Price - Fuel price spikes can cause delays and diruption for logistics service providers (LSPs), while drops in the same can result in higher short-term profitability and increased market rivalry to offer consumers with the best deals. Hence, the fuel price variations have been studied over the review period and presented along with the causes as well as market impacts.
  • GDP Distribution by Economic Activity - Nominal Gross Domestic Product and distribution of the same, across major economic sectors in the geography studied (country or region as per scope of the report) have been studied and presented in this industry trend. As GDP is positively related to the profitability and growth of logistics industry, this data has been used in adjunction to the input-output tables/ supply-use tables for analyzing the potential major contributing sectors towards the logistics demand.
  • GDP Growth by Economic Activity - Growth of Nominal Gross Domestic Product across major economic sectors, for the geography studied (country or region as per scope of the report) have been presented in this industry trend. This data has been utilized for assessing the growth of logistics demand from all the market end users (economic sectors considered here).
  • Inflation - Variations in both Wholesale Price Inflation (YoY change in producer price index) and Consumer Price Inflation have been presented in this industry trend. This data has been used to assess the inflationary environment as it plays a vital role in smooth functioning of the supply chain, directly impacting the logistics operational cost components e.g., pricing of tyres, driver wages & benefits, energy/fuel prices, maintenace costs, toll charges, warehousing rents, custom brokerage, forwarding rates, courier rates etc. hence impacting the overall freight and logistics market.
  • Infrastructure - As infrastructure plays a vital role in an economy's logistics performance, variables like length of roads, distribution of road length by surface category (paved v/s unpaved), distribution of road length by road classification (expressways v/s highways v/s other roads), rail length, volume of containers handled by major ports and tonnage handled by major airports have been analysed and presented in this industry trend.
  • Key Industry Trends - The report section named "Key Industry Trends" include all the key variables/parameters studied to better analyze the market size estimates and forecasts. All the trends have been presented in the form of data points (time series or latest available data points) along with analysis of the paramter in the form of concise market relevant commentary, for the geography studied (country or region as per the scope of report).
  • Key Strategic Moves - The action taken by a company to differentiate from its competitor or used as a general strategy is referred to as a key strategic move (KSM). This includes (1) Agreements (2) Expansions (3) Financial Restructuring (4) Mergers and Acquisitions (5) Partnerships, and (6) Product Innovations. Key players (Logistics Service Providers, LSPs) in the market have been shortlisted, their KSM have been studied and presented in this section.
  • Liner Shipping Bilateral Connectivity Index  - It indicates a country pair's integration level into global liner shipping networks and plays a crucial role in determining bilateral trade, which in turn potentially contributes toward the prosperity of a country and its surrounding region. Hence the major economies connected to the country/ region as per scope of the report, have been analyzed and presented in "Liner Shipping Connectivity" industry trend.
  • Liner Shipping Connectivity - This industry trend analyses the state of connectivity to the global shipping networks based on the status of maritime transport sector. It includes the analysis of liner shipping connectivity, bilateral shipping connectivity, and port liner shipping connectivity indices for the geography (country/ region as per scope of the report) over the review period.
  • Liner Shipping Connectivity Index  - It indicates how well countries are connected to global shipping networks based on the status of their maritime transport sector. It is based on five components of the maritime transport sector: (1) The number of shipping lines servicing a country, (2) The size of the largest vessel used on these services (in TEUs), (3) The number of services connecting a country to the other countries, (4) The total number of vessels deployed in a country, (5) The total capacity of those vessels (in TEUs).
  • Logistics Performance - Logistics Performance and Logistics Costs are the backbone of trade, and influences trade costs, making countries compete globally. Logistics performance is influenced by market wide adopted supply chain management strategies, government services, investments & policies, fuel/ energy costs, inflationary environment etc. Hence, in this industry trend, the logistics performance of the geography studied (country/ region as per the scope of report) has been analysed and presented over the review period.
  • Major Truck Suppliers - Market share of truck brands is influenced by factors like geographical preferences, portfolio of truck types, truck prices, local production, truck repair & maintenance service peneteration, customer support, technological innovations (like electric vehicles, digitalization, autonomous trucks), fuel efficiency, financing options, annual maintenance costs, availability of substitutes, marketing startegies etc. Hence, the distribution (share % for base year of the study) of truck sales volume for leading truck brands and commentary on current market scenario & market anticipation over the forecast period have been presented in this industry trend.
  • Manufacturing - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the Manufacturing industry players. The end user players considered are the establishments primarily engaged in the chemical, mechanical or physical transformation of materials or substances into new products. Logistics Service Providers (LSPs) play a crucial role in maintaining a smooth flow of raw materials across the supply chain, enabling timely delivery of finished goods to distributors or end customers and storing & supplying the raw materials to clients for just-in-time manufacturing.
  • Maritime Fleet Load Carrying Capacity - Maritime fleet load carrying capacity depicts the development state of an economy's maritime infrastructure & trade. It is influenced by factors like volume of production, international trade, major end user industries, maritime connectivity, environmental regulations, investments in port infrastructure development, port container cargo handling capacity etc. This industry trend represents the maritime fleet load carrying capacity by type of ship viz. container ships, oil tankers, bulk carriers, general cargo, among other types alongwith the influencing factors for the geography studied (country/ region as per scope of the report), over the review period.
  • Modal Share - Freight Modal Share is influenced by factors like modal productivity, government regulations, containerization, distance of shipment, temperature control requirements, type of goods, international trade, terrain, speed of delivery, shipment weight, bulk shipments, etc. Also, modal share by tonnage (tons) and modal share by freight turnover (ton-km) differ as per average distance of shipments, weight of major commodity groups transported in the economy and number of trips. This industry trend represents the distribution of freight transported by mode of transport (tons as well as ton-km), for the study base year.
  • Oil and Gas, Mining and Quarrying - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the extraction industry players. The end user players considered are the establishments that extract naturally occurring mineral solids, such as coal and ores; liquid minerals, such as crude petroleum; and gases, such as natural gas. Logistics Service Providers (LSPs) covers entire phases from upstream to downstream and plays a crucial role in the transportation of machinery, drilling equipments, extracted minerals, crude oil & natural gas and refined/ processed products from one place to another.
  • Other End Users - Other end user segment captures the external (outsourced) logistics expenditure incurred by the financial services (BFSI), real estate, educational services, healthcare, and professional services (administrative, waste management, legal, architectural, engineering, design, consulting, scientific R&D). Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies and documents to/from these industries such as transporting any equipment or resources required, shipping confidential documents and files, movement of medical goods & supplies (surgical supplies and instruments, including gloves, masks, syringes, equipment) to name a few.
  • Other Services - Other Services segment captures revenue earned through (1) Value added services (VAS) for freight transportation by road, rail, air and sea & inland waterways, (2) VAS for marine cargo transportation (operation of terminal facilities such as harbours and piers, operation of waterway locks, navigation, pilotage and berthing activities, lighterage, salvage activities, lighthouse activities, among other miscellaneous support activities), (3) VAS for land freight transportation (operation of terminal facilities such as railway stations, stations for the handling of goods, operation of railroad infrastructure, switching and shunting, towing and road side assistance, liquefaction of gas for transportation purposes, among other miscellaneous support activities), (4) VAS for air cargo transportation (operation of terminal facilities such as airway terminals, airport and air-traffic-control activities, ground service activities on airfields, runway maintenance, inspection/ ferrying/ maintenance/ testing of aircrafts, aircraft fuelling services, among other miscellaneous support activities), (5) VAS for warehousing and storage service (operation of grain silos, general merchandise warehouses, refrigerated warehouses, storage tanks etc., storage of goods in foreign trade zones, blast freezing, crating goods for shipping, packing and preparing goods for shipping, labelling and/or imprinting the package, kit assembling and packaging services, among other miscellaneous support activities), and (6) VAS for courier, express and parcel service (pickup, sorting).
  • Port Calls and Performance - The performance of ports is key to an economy's freight movement, trade, global connectivity, successful growth strategies, investment attractiveness for production & distribution systems, and thus affects GDP, employment, per capita income and industrial growth. Hence, the port perfomance parameters like median time spent by vessels in the ports; average age, size, cargo carrying capacity, container carrying capacity, of vessels entering the ports, port calls, and container port throughput have been analysed and presented in this industry trend.
  • Port Liner Shipping Connectivity Index - It reflects a port's position in the global liner shipping network, wherein a higher value of index is associated with better connectivity. Efficient and well-connected ports (1) contribute towards minimizing transport costs, linking supply chains and supporting international trade, (2) pave the way for economies of scale and development of expertise by permitting producers to better exploit possibilities in domestic as well as foreign markets. Hence the major ports of strategic importance, in the country/ region as per scope of the report, have been analyzed and presented in "Liner Shipping Connectivity" industry trend.
  • Port Throughput - It reflects the amount of cargo or number of vessels a port handles annually. It can be related to (1) cargo tonnage, (2) container TEU, and (3) vessel calls. Port throughput in terms of total containers handled (TEU's), has been presented in the "Port Calls and Performance" industry trend.
  • Producer Price Inflation - It indicates inflation from viewpoint of the producers viz. the average selling price received for their output over a period of time. Annual change (YoY) of producer price index is reported as wholesale price inflation in the "Inflation" industry trend. As WPI captures dynamic price movements in most comprehensive way, it is widely used by governments, banks, industry, business circles and is deemed important in formulation of trade, fiscal and other economic policies. The data has been used in adjunction to consumer price inflation for better understanding the inflationary environment.
  • Rest of North America - Rest of North America captures the outsourced logistics market for (1) Haiti, (2) Cuba, (3) Jamaica, (4) Trinidad and Tobago, (5) The Bahamas, (6) Belize, (7) Barbados, (8) Saint Lucia, (9) Grenada, (10) Saint Vincent and the Grenadines, (11) Antigua and Barbuda, (12) Dominica, (13) Saint Kitts and Nevis, and (14) Samoa
  • Segmental Revenue - Segmental Revenue has been triangulated or computed and presented for all the major players in the market. It refers to the freight and logistics market specific revenue earned by the company, over the base year of study, in the geography studied (country or region as per the scope of report). It is computed through the study and analysis of major parameters like financials, service portfolio, employee strength, fleet size, investments, number of countries present in, major economies of concern, etc. that have been reported by the company in its annual reports, webpage. For companies having scarce financial disclosures, paid databases like D&B Hoovers, Dow Jones Factiva have been resorted to and verified through industry/expert interactions.
  • Transport and Storage Sector GDP - Value and growth of Transport and Storage Sector GDP has a direct relation to the freight and logistics market size. Hence, this variable has been studied and presented over the review period, in value terms (USD) and as share % of total GDP, in this industry trend. The data has been supported by concise and relevant commentary around the investments, developments, and current market scenario.
  • Trends in E-Commerce Industry - Enhanced internet connectivity and boom in smartphone penetration, coupled with increasing disposable incomes, has led to a phenomenal growth in the e-commerce market globally. Online shoppers require fast and efficient delivery of their orders leading to an increase in the demand for logistics services especially e-commerce fulfilment services. Hence, the Gross Merchandise Value (GMV), historial and projected growth, breakup of major commodity groups in e-commerce industry for the studied geography (country or region as per scope of the report) have been analysed and presented in this industry trend.
  • Trends in Manufacturing Industry - Manufacturing industry involves the transformation of raw materials into finished products, while logistics industry ensures the efficient flow of raw materials to the factory, and the transport of manufactured products to the distributors & consumers. Demand-Supply of both industries are highly cross-linked and critical for a seamless supply chain. Hence, the Gross Value Added (GVA), breakup of GVA into major manufacturing sectors, and growth of manufacturing industry over the review period have been analysed and presented, in this industry trend.
  • Trucking Fleet Size By Type - Market share of truck types is influenced by factors like geographical preferences, major end user industries, truck prices, local production, truck repair & maintenance service peneteration, customer support, technological disruptions (like electric vehicles, digitalization, autonomous trucks) etc. Hence, the distribution (share % for base year of study) of truck parc volume by type of truck, market disruptors, truck manufacturing investments, truck specifications, truck use & import regulations, and market anticipation over the forecast period have been presented in this industry trend.
  • Trucking Operational Costs - The prime reasons for measuring/ benchmarking logistics performance of any trucking company are to reduce operational costs and increase profitability. On the other hand, measuring operational costs helps to identify whether and where to make operational changes to control expenses and identify areas for improved performance. Hence, in this industry trend, trucking operational costs and the variables involved viz. driver wages & benefits, fuel prices, repairs & maintenance costs, tyre costs etc. have been studied over the base year of study, and presented for the geography studied (country or region as per the scope of report).
  • Warehousing and Storage - Warehousing and storage segment captures revenue earned through the operation of general merchandise, refrigerated and other types of warehousing & storage facilities. These establishments take responsibility for storing the goods and keeping them secure in lieu of charges. Value added services (VAS) they may provide are considered to be a part of the "other services" segment. Here VAS refer to a range of services, related to the distribution of a customer's goods and can include labelling, breaking bulk, inventory control & management, light assembly, order entry & fulfillment, packaging, pick & pack, price marking & ticketing and transportation arrangement.
  • Wholesale and Retail Trade - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the wholesalers and retailers. The end user players considered are the establishments primarily engaged in wholesaling or retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies to and finished products from production houses to the distributors and finally to the end customer covering activites like material sourcing, transportation, order fulfillment, warehousing & storage, demand forecasting, inventory management etc.
Keyword Definition
Axle Load The axle load of a wheeled vehicle is the total weight bearing on the roadway for all wheels connected to a given axle.
Back Haul Backhaul is the return movement of a transport vehicle from its original destination to its original point of departure.
Bill of Lading A bill of lading is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried.
Bunkering Bunkering is the process of supplying fuel and/or gasoil to be used to power the propulsion system of a ship (such fuel is referred to as bunker). It includes the logistics of loading and distributing the fuel among available shipboard tanks. A person dealing in trade of bunker (fuel) is called a bunker trader.
Bunkering Service Bunkering service is the supply of a requested quality and quantity of bunkers to a ship.
C-commerce C-commerce (Collaborative commerce) describes electronically enabled business interactions among an enterprise’s internal personnel, business partners and customers throughout a trading community. The trading community could be an industry, industry segment, supply chain or supply chain segment.
Cabotage Transport by a vehicle registered in a country performed on the national territory of another country.
Cartage Agent A ground transportation service that provides pickup and delivery of freight in locations not served directly by an air or ocean carrier.
Contract logistics Contract logistics refers to the outsourcing of resource management tasks by one company to a third-party company specializing in logistical matters, such as transportation, warehousing, and order fulfillment.
Courier A business that is used to send messages, packages, etc. Courier service refers to the fast or quick, door to door pickup and delivery service for goods or documents. It can be local or international. A company that provides such delivery services is called a courier company. A courier company hires people to provide their services. Such a person hired by the courier service company is called a courier.
Cross docking Cross docking is a practice in logistics management that includes unloading incoming delivery vehicles and loading the materials directly into outbound delivery vehicles, omitting traditional warehouse logistical practices and saving time and money.
Cross Trade International transport between two different countries performed by a vehicle registered in a third country. A third country is a country other than the country of loading/embarkation and than the country of unloading/disembarkation.
Customs Clearance The procedures involved in getting cargo released by Customs through designated formalities such as presenting import license/permit, payment of import duties and other required documentations by the nature of the cargo such as FCC or FDA approval.
Customs seal Customs seal means a seal, stamp or any other preventive means affixed by customs officials to ensure the inviolability of goods, commercial means of transport or warehouses.
Dangerous Goods Dangerous goods (or hazardous materials or HAZMAT) include flammable liquids/solids, gases, compressed, liquified, dissolved under pressure, corrosives, oxidising substances, explosive substances and articles, substances, which on contact with water, emit flammable gasses, organic peroxides, toxic substances, infectious substances, radioactive materials, miscellaneous dangerous goods and articles.
Direct Shipment Direct shipment is a method of delivering goods from the supplier or the product owner to the customer directly. In most cases, the customer orders the goods from the product owner. This delivery scheme reduces transportation and storage costs, but requires additional planning and administration.
Drayage A drayage is a form of trucking service that connects the different modes of shipping (intermodal), such as ocean freight or air freight. It’s a short-haul trip that transports goods from one place to another, usually before or after its long-haul shipping process. Drayage trucks move cargo to and from various destinations, such as container ships, storage lots, order fulfillment warehouses, and rail yards. Typically, drayage only transports goods in short distances and operates only in one metropolitan area. It also requires only one trucker in a single shift.
Dry Docking Dry docking is a term used for repairs or when a ship is taken to the service yard. During dry docking, the whole ship is brought to a dry land so that the submerged portions of the hull can be cleaned or inspected.
Dry van A dry van is a type of semi-trailer that's fully enclosed to protect shipments from outside elements. Designed to carry palletized, boxed or loose freight, dry vans aren't temperature-controlled (unlike refrigerated “reefer” units) and can't carry oversized shipments (unlike flatbed trailers).
Feedering Transport service whereby loaded or empty containers in a regional are transferred to a “mother ship” for a long-haul ocean voyage.
Final Demand Final demand includes all types of commodities (goods as well as services) consumed as final use and might include personal consumption, or consumption by government, by businesses as capital investment, and as exports. includes all types of commodities (goods as well as services) consumed as final use and might include personal consumption, or consumption by government, by businesses as capital investment, and as exports.
First mile Delivery First mile delivery refers to the first stage of the transportation. This is when the parcel leaves the seller’s warehouse and is taken by the courier pick up agent to process it or take it to the warehouse. Once the package reaches the post office or the courier’s hub, it is then sorted and transported further until it reaches the customer’s doorstep.
Fiscal storage services It means a facility, clearly separated from other premises, where the excise goods are produced, processed, held, received or dispatched under a duty suspension arrangement by an authorized depositor, in the course of his business, under conditions laid down by the customs authorities.
Flat Bed It has a back body that is flatly shaped for easy loading and unloading of goods. The flatbed truck is mostly used to transport heavy, oversized, wide and indelicate goods.
Flatbed Truck A flatbed truck is a type of truck with rigid design. It has a back body that is flatly shaped for easy loading and unloading of goods. The flatbed truck is mostly used to transport heavy, oversized, wide and indelicate goods such as machinery, building supplies or equipment. Due to the truck open body, the goods transported with it must not be vulnerable to rain. By functionality, the flatbed truck is comparable to a flatbed trailer.
Freight Transit Time Transit time is how long it takes for a shipment to be delivered to its final destination after being picked up from a designated pick up point.
Halal Logistics It refers to the process of managing the logistics operations such as fleet management, storage/warehousing, and materials handling according to the principles of Shariah law in ensuring the integrity of the halal products at the point of consumption.
Haulage The commercial transport of goods.
Inbound Logistics Inbound logistics is the way materials and other goods are brought into a company. This process includes the steps to order, receive, store, transport and manage incoming supplies. Inbound logistics focuses on the supply part of the supply-demand equation.
Intermediate Demand Intermediate demand includes goods, services, and maintenance and repair construction sold to businesses, excluding capital investment.
International Loaded Place of loading of goods in reporting country (i.e., country in which the vehicle performing the transport is registered) and place of unloading in a different country.
International Unloaded Place of unloading of goods in reporting country (i.e., country in which the vehicle performing the transport is registered) and place of loading in a different country.
Last Mile Delivery Last mile delivery refers to the very last step of the delivery process when a parcel is moved from a transportation hub to its final destination—which, usually, is a personal residence or retail store.
Less than-Truck-Load (LTL) Less-than-truckload, also known as less-than-load (LTL), is a shipping service for relatively small loads or quantities of freight. An LTL provider combines the loads and shipping requirements of several different companies on their trucks, using a hub-and-spoke system to get goods to their destinations.
Locomotives Haluage The transport of coal, ore, workers, and materials underground by means of locomotive-hauled mine cars. The locomotive may be powered by battery, diesel, compressed air, trolley, or some combination such as battery-trolley or trolley-cable reel.
Milkrun A Milk Run is a delivery method used to transport mixed loads from various suppliers to one customer. Instead of each supplier sending a truck every week to meet the needs of one customer, one truck (or vehicle) visits the suppliers to pick up the loads for that customer. This method of transport got its name from the dairy industry practice, where one tanker used to collect milk from several dairy farms for delivery to a milk processing company.
Multi country consolidation ​​Multi-Country Consolidation (MCC) is a cost-effective solution that consolidates ones cargo from different countries of origin to build Full Container Loads (FCL). MCC is most suitable for companies that import light volumes of goods from multiple countries but want to take advantage o​​f the more economic FCL freight rates.
Multi-Modal Logistics Multimodal transportation or multimodal shipping refers to logistics and freight processes that require multiple modes of transportation.
Omni Channel Logistics Omnichannel distribution is a multichannel approach taken by companies to give customers a way to purchase and receive orders from several sales channels with one-touch seamless integration. Some of the ways include- 1. Buy online, then pick-up at the brick and mortar store; 2. Buy online, then have it delivered to the home or another location; 3.In store purchase, with the delivery either to the home or another location; 4. Drop ship from a warehouse or manufacturing center to store, home or other location; 5.Buy online, then return at store or online; 6. Buy online, then return online.
OOG cargo Out of Gauge (OOG) cargo is any cargo that can not be loaded into six-sided shipping containers simply because it is too large. The term is a very loose classification of all cargo with dimensions beyond the maximum 40HC container dimensions. That is a length beyond 12.05 meters – a width beyond 2.33 meters – or a height beyond 2.59 meters.
Other ships Other ships include: Liquefied petroleum gas carriers, liquefied natural gas carriers, parcel (chemical) tankers, specialized tankers, reefers, offshore supply vessels, tugboats, dredgers, cruise, ferries, other non-cargo ships
Other Specialised Cargo Other specialised goods include pre-slung goods (Goods, one or more items, supplied with a sling or slings), mobile units (Mobile Self Propelled Units, Non Self Propelled Units, unrolled vehicles), oversized equipment load (light and heavy machinery that is often too big or too heavy), high value freight that needs extra protection like electronics, financial services road freight.
Outsourced Freight Transport Transport for hire or reward; The carriage for remuneration of goods.
Pallets Raised platform, intended to facilitate the lifting and stacking of goods.
Part load A part load describes goods which only fills a truck partially. In essence, the quantity of the shipment is bigger than the Less Than Truckload (LTL) shipment. Also, the shipment cannot fully occupy a truck i.e. its capacity is much lower than a Full Truckload (FTL) shipment.
Paved Road Road surfaced with crushed stone (macadam) with hydrocarbon binder or bituminized agents, with concrete or with cobblestone.
Q-commerce Q-commerce, also referred to as quick commerce, is a type of e-commerce where emphasis is on quick deliveries, typically in less than an hour.
Quay A stone or metal platform lying alongside or projecting into water for loading and unloading ships.
Recommerce Recommerce is the selling of previously owned items through online marketplaces to buyers who reuse, recycle or resell them.
ReverseLogistics Reverse logistics is a type of supply chain management that moves goods from customers back to the sellers or manufacturers.
Road Freight Transport Service Hiring a trucking agency for transport of commodities (raw materials or manufactured goods including both solids and liquids) form the origin to a destination within the country (domestic) or cross-border (international) constitutes road freight transport market. The service might be Full-Truck-Load or Less than-Truck-Load, containerized or non-containerized, temperature controlled or non temperature controlled, short haul or long haul.
Roll-on/roll-off cargo Roll-on/roll-off (RORO or ro-ro) ships are cargo ships designed to carry wheeled cargo, such as cars, motorcycles, trucks, semi-trailer trucks, buses, trailers, and railroad cars, that are driven on and off the ship on their own wheels or using a platform vehicle, such as a self-propelled modular transporter.
Swap bodies A swap body, swop body, exchangeable container or interchangeable unit, is one of the types of standard freight containers for road and rail transport.
Tank Barge A non-self-propelled vessel constructed or adapted primarily to carry liquid, solid or gaseous commodities or cargos in bulk in cargo spaces (or tanks) through rivers and inland waterways, and may occasionally carry commodities or cargos through oceans and seas when in transit from one inland waterway to another. The commodities or cargos transported are in direct contact with the tank interior.
Tautliner vehicle Tautliner and curtainsider are used as generic names for curtain sided trucks/trailers. The curtains are permanently fixed to a runner at the top and detachable rails/poles at front and rear, allowing the curtains to be drawn open and forklifts used all along the sides for easy and efficient loading and unloading. When closed for travel, vertical load restraint straps are attached to a rope rail beneath the truck bed, connecting the truck bed and curtain along both sides. Winches at either end of the curtain tension it, hence the 'Tautliner' name. This stops the curtain from flapping or drumming in the wind and can also help retain light loads from slipping sideways.
Transloading Transloading is a shipping term that refers to the transfer of goods from one mode of transportation to another en route to their ultimate destination.
Tsubo A Japanese unit of area equal to 35.58 square feet.
Unpaved Road Road with a stabilized base not surfaced with crushed stone, hydrocarbon binder or bituminized agents, concrete or cobblestone.
Vessel Husbandry Services It includes ship maintenance, repairs, cleaning, upkeep of the hull and rigging and equipment.
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North America Freight and Logistics Market Research FAQs

The North America Freight And Logistics Market size is expected to reach USD 1.55 trillion in 2024 and grow at a CAGR of 4.05% to reach USD 1.89 trillion by 2029.

In 2024, the North America Freight And Logistics Market size is expected to reach USD 1.55 trillion.

C.H Robinson, Deutsche Post DHL Group, FedEx, Kuehne + Nagel and United Parcel Service are the major companies operating in the North America Freight And Logistics Market.

In the North America Freight And Logistics Market, the Freight Transport segment accounts for the largest share by logistics function.

In 2024, United States accounts for the largest share by country in the North America Freight And Logistics Market.

In 2023, the North America Freight And Logistics Market size was estimated at USD 1.48 trillion. The report covers the North America Freight And Logistics Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Freight And Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

North America Freight and Logistics Industry Report

Statistics for the 2023 North America Freight and Logistics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Freight and Logistics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

North American Logistics and Freight Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)