The global freight and logistics market is valued at around $6,000 billion a year, with the largest segments being road freight and in-house warehousing and distribution. Air and ground passenger transport is valued at $1,500 billion a year.
The global logistics market is growing slightly faster than world GDP, with domestic parcels the fastest-growing segment (over 8% p.a.), driven by the rise of e-commerce. Overall, the ground passenger transport market is growing slowly, while the air passenger transport market is growing faster, although air transport is particularly vulnerable to external shocks.
Meenthe’s market research experience in the transport and logistics sector includes focus groups and in-depth interviews with bulk freight forwarders, freight forwarders and delivery drivers.
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