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The freight logistics market size is forecast to increase by USD 359.2 billion at a CAGR of 6% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing outsourcing of logistics operations and the rising preference for multimodal transportation. The water transport sector, including canals, lakes, and coastal waters, is gaining popularity due to its cost-effectiveness and environmental sustainability. This shift is also benefiting the transportation of goods like medical supplies, where reliable and cost-efficient logistics are crucial. However, high infrastructure costs remain a challenge for market expansion. As demand for multimodal solutions grows, integrating various transport modes, including water transport, becomes increasingly important for improving supply chain efficiency and meeting the needs of industries such as healthcare and pharmaceuticals. To stay competitive, logistics companies must adapt to these trends and overcome infrastructure costs through innovative solutions and partnerships. Water transport offers a promising alternative, with the potential to reduce reliance on roadways and contribute to a more sustainable logistics network.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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