Global Logistics Market 2017-2018 & 2023 - Market is Estimated to Grow to $12.6 Bn

The Global Logistics Market was worth 10.32 Billion USD in 2017 and it is estimated to grow to 12.68 Billion USD by 2023 with a CAGR of 3.49% between 2017 and 2023.
Logistics is generally the detailed organization and implementation of a complex operation. It refers to the movement of goods and information between the provider and the receiver and also it is the management of the flow of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations. The Asia Pacific region is expected to lead the Global Logistics Market in the forecast period due to the presence of a large manufacturing base in this region. This region is followed by North America and Europe region with the next largest market shares.