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Green logistics is a rapidly growing field that encompasses the use of sustainable practices and technologies to reduce the environmental impact of transportation. This includes everything from using more fuel-efficient vehicles to optimizing delivery routes to reducing packaging waste.
Global Market Size
The global green logistics market was worth $1.3 trillion in
2022 and is expected to grow to $2.9 trillion by 2032, at a compound annual
growth rate (CAGR) of 8.3% from 2023 to 2032.
The green logistics market is expected to grow significantly
in the coming years, driven by a number of factors, including:
- Increasing
consumer demand for sustainable products and services
- Rising
fuel prices and environmental regulations
- Advances
in technology that make green logistics more feasible
There are a number of benefits to adopting green logistics
practices, including:
- Reduced
emissions of greenhouse gases and other pollutants
- Improved
fuel efficiency and lower operating costs
- Increased
customer satisfaction and loyalty
- Enhanced
corporate social responsibility (CSR) image
There are a number of ways that businesses can adopt green
logistics practices, including:
- Using
more fuel-efficient vehicles
- Optimizing
delivery routes
- Reducing
packaging waste
- Investing
in renewable energy sources
- Partnering
with sustainable suppliers
Green logistics is not only good for the environment, but it
can also save businesses money and improve their bottom line. As the green
logistics market continues to grow, businesses that adopt these practices will
be well-positioned to succeed in the future.
Here are some of the key trends that are expected to shape
the green logistics market in the coming years:
- The
increasing use of electric vehicles and other alternative fuel vehicles
- The
development of new technologies, such as self-driving vehicles and drones,
that can help to reduce emissions and improve efficiency
- The
growth of e-commerce, which is creating a need for more sustainable
delivery solutions
- The
increasing focus on corporate social responsibility (CSR), which is
driving businesses to adopt more sustainable practices
The green logistics market is a rapidly evolving field, and
businesses that want to stay ahead of the curve need to be aware of the latest
trends and developments. By adopting green logistics practices, businesses can
reduce their environmental impact, save money, and improve their bottom line.
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Top 10 Companies
The top 10 green logistics companies in the world, along
with their market share and revenue in 2022:
Rank |
Company |
Market Share (2022) |
Revenue (2022) |
Country |
1 |
DHL |
12.1% |
$27.2 billion |
Germany |
2 |
UPS |
10.5% |
$23.5 billion |
United States |
3 |
FedEx |
9.7% |
$22.2 billion |
United States |
4 |
Kuehne + Nagel |
8.5% |
$19.9 billion |
Switzerland |
5 |
DB Schenker |
7.2% |
$17.2 billion |
Germany |
6 |
CH Robinson |
6.4% |
$15.7 billion |
United States |
7 |
Agility |
5.6% |
$14.1 billion |
Kuwait |
8 |
Nippon Express |
5.1% |
$13.1 billion |
Japan |
9 |
DSV |
4.9% |
$12.9 billion |
Denmark |
Note: The information is provided
for informational purposes only and should not be construed as legal advice.
As you can see, the green logistics market is dominated by
European and American companies. This is due to the fact that these regions
have developed economies and a strong focus on environmental sustainability.
The market share of each company varies depending on the
region. For example, DHL has the largest market share in Europe, while UPS has
the largest market share in North America.
The revenue of each company also varies depending on the
size of their operations and the number of services they offer. For example,
DHL is the largest green logistics company in the world, with revenue of over
$27 billion in 2022.
It is important to note that this list is not exhaustive and
there are many other companies that are active in the green logistics market.
The companies listed here are simply some of the largest and most well-known
companies in this field.
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