Latin America Freight and Logistics Market Growth, Size, Trends, Share and Future Competition: SPER Market Research

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Published: Mar 2024	Report ID: AMIN2473	Pages: 1 - 152	Formats^*:
Category : Automotive & Transportation

Latin America Freight and Logistics Market Introduction and Overview

According to SPER Market Research, the Latin America Freight and Logistics Market is estimated to reach USD 1137.54 Billion by 2033 with a CAGR of 6.4%.

The report includes an in-depth analysis of the Latin America Freight and Logistics Market, including market size and trends, product mix, applications, and supplier analysis. Freight and logistics are the processes of transferring products and commodities via rail, trucks, road cars and large boats carrying containers and planes. It provides contract logistics, warehousing, value-added services, and plans and delivers advanced integrated logistics solutions for complex global supply chain networks. The growth of the Freight and Logistics Market is being driven by an increase in trade-related agreements and global logistics infrastructure, as well as technical advances in the logistics industry for speedy delivery and supply chain.

In September 2020: Mercado Libre purchased a minority share in Kangu, a Brazilian logistics firm aimed at boosting e-commerce. Kangu allows small sellers to collect and withdraw merchandise purchased through e-commerce.

Market Opportunities and Challenges

The growth of the Latin America Freight and Logistics Market is being fueled by factors such as the development of the e-commerce industry, the rise of reverse logistics operations, the rise of tech-driven logistics services, and the growing adoption of IoT-enabled connected devices. Additionally, the surge in the use of information technology (IT) solutions and software, the emergence of last mile deliveries, and logistics automation provide remarkable growth opportunities for the players in the industry.

E-commerce refers to the purchase and sale of commodities via the internet. Third-party logistics service providers include the delivery of products to consumers. Furthermore, the e-commerce industry uses logistics services to manage and control e-commerce enterprises' supply chains, allowing them to focus on marketing and other company activities. Thus, because of the multiple benefits provided by logistics to the ecommerce business, adoption of logistics services is increasing at a rapid pace, fueling the expansion of the logistics market.

The Latin America Freight and Logistics Market confronts constraints such as insufficient infrastructure, increased logistics costs, and manufacturers' lack of control over logistics services, all of which impede expansion. Robust logistical infrastructure, supply chain management, and trade facilitation are critical for smooth operations. Inadequate infrastructure requires businesses to have higher stock buffers and working capital, reducing competitiveness. Furthermore, poor infrastructure increases costs and reduces supply chain reliability due to inefficiencies in transportation, limited storage, complex tax regimes, low technology adoption, and insufficient logistical knowledge. These obstacles, such as muddy roads, address system anomalies, and inadequate warehousing, drive up logistics costs, impeding industry growth.

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Market Competitive Landscape

The major key players in the Latin America Freight and Logistics Market are: A.P. Mollerâ€“Maersk, C.H. Robinson Worldwide Inc., DB Schenker, Deutsche Post AG (DHL Group), DSV, FedEx, Geodis, Kuehne+Nagel, Supply Chain Solutions, United Parcel Service Inc., Others.

Scope of the Report:

Report Metric	Details
Market size available for years	2020-2033
Base year considered	2023
Forecast period	2024-2033
Segments covered	By Type, By Mode of Transportation, By Service, By End-Use Industry
Regions covered	Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Panama, Rest of Latin America
Companies Covered	A.P. Mollerâ€“Maersk, C.H. Robinson Worldwide Inc., DB Schenker, Deutsche Post AG (DHL Group), DSV, FedEx, Geodis, Kuehne+Nagel, Supply Chain Solutions, United Parcel Service Inc., Others

COVID-19 Impact on Latin America Freight and Logistics Market

The COVID-19 epidemic greatly damaged the Latin American freight and logistics business, causing supply chain disruptions, border closures, and restricted transportation capacity. Lockdowns and mobility restrictions affected regional trade and logistics operations. The downturn in economic activity, along with decreased consumer demand, resulted in lower freight volumes and revenue for logistics companies. However, the epidemic has expedited digitalization and the use of technology-driven solutions in the logistics sector to meet the problems provided by the crisis.

Key Target Audience:

Manufacturers and Producers
Retailers and Wholesalers
E-commerce Companies
Transportation Companies
Government Agencies
Investors and Financial Institutions
Supply Chain Managers and Professionals
International Trade Organizations
Technology Providers
Consumers
Others

Our in-depth analysis of the Latin America Freight and Logistics Market includes the following segments:

By Type:	Cash Logistics Cold Chain Logistics Logistics Segment Reverse Logistics
By Mode of Transportation:	Airways Railways Roadways Waterways
By Service:	Custom clearance Distribution Inventory management Packaging Transportation Warehousing
By End-Use Industry:	Banking and Financial Services Cash Management Consumer Electronics Food and Dairy

Key Topics Covered in the Report:

Latin America Freight and Logistics Market Size (FYâ€™2024-FYâ€™2033)
Overview of Latin America Freight and Logistics Market
Segmentation of Latin America Freight and Logistics Market By Type (Cash Logistics, Cold Chain Logistics, Logistics Segment, Reverse Logistics)
Segmentation of Latin America Freight and Logistics Market By Mode of Transportation (Airways, Railways, Roadways, Waterways)
Segmentation of Latin America Freight and Logistics Market By Service (Custom clearance, Distribution, Inventory management, Packaging, Transportation, Warehousing, Others)
Segmentation of Latin America Freight and Logistics Market By End-Use Industry (Banking and Financial Services, Cash Management, Consumer Electronics, Food and Dairy, Government and Public Utilities, Healthcare, Information Technology, Manufacturing, Media and Entertainment, Retail, Telecommunication, Trade and Transportation, Others)
Statistical Snap of Latin America Freight and Logistics Market
Expansion Analysis of Latin America Freight and Logistics Market
Problems and Obstacles in Latin America Freight and Logistics Market
Competitive Landscape in the Latin America Freight and Logistics Market
Impact of COVID-19 and Demonetization on Latin America Freight and Logistics Market
Details on Current Investment in Latin America Freight and Logistics Market
Competitive Analysis of Latin America Freight and Logistics Market
Prominent Players in the Latin America Freight and Logistics Market
SWOT Analysis of Latin America Freight and Logistics Market
Latin America Freight and Logistics Market Future Outlook and Projections (FYâ€™2024-FYâ€™2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERâ€™s internal database
2.1.4. Premium insight from KOLâ€™s
2.2. Market size estimation

2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges

4.2. COVID-19 Impacts of the Latin America Freight and Logistics Market

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERâ€™s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Latin America Freight and Logistics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Latin America Freight and Logistics Market

7. Latin America Freight and Logistics Market, By Type (USD Million)

7.1. Latin America Freight and Logistics Market Value Share and Forecast, By Type, 2024-2033
7.2. Cash Logistics
7.3. Cold Chain Logistics
7.4. Logistics Segment
7.5. Reverse Logistics

8. Latin America Freight and Logistics Market, By Mode of Transportation (USD Million)

8.1. Latin America Freight and Logistics Market Value Share and Forecast, By Mode of Transportation, 2024-2033
8.2. Airways
8.3. Railways
8.4. Roadways
8.5. Waterways

9. Latin America Freight and Logistics Market, By Service (USD Million)

9.1. Latin America Freight and Logistics Market Value Share and Forecast, By Service, 2024-2033
9.2. Custom clearance
9.3. Distribution
9.4. Inventory management
9.5. Packaging
9.6. Transportation
9.7. Warehousing
9.8. Others

10. Latin America Freight and Logistics Market, By End-Use Industry (USD Million)

10.1. Latin America Freight and Logistics Market Value Share and Forecast, By End-Use Industry, 2024-2033
10.2. Banking and Financial Services
10.3. Cash Management
10.4. Consumer Electronics
10.5. Food and Dairy
10.6. Government and Public Utilities
10.7. Healthcare
10.8. Information Technology
10.9. Manufacturing
10.10. Media and Entertainment
10.11. Retail
10.12. Telecommunication
10.13. Trade and Transportation
10.14. Others

11. Latin America Freight and Logistics Market Forecast, 2020-2033 (USD Million)

11.1. Latin America Freight and Logistics Market Size and Market Share

12. Latin America Freight and Logistics Market, By Type, 2020-2033 (USD Million)

12.1. Latin America Freight and Logistics Market Size and Market Share By Type (2020-2027)
12.2. Latin America Freight and Logistics Market Size and Market Share By Type (2028-2033)

13. Latin America Freight and Logistics Market, By Mode of Transportation, 2020-2033 (USD Million)

13.1. Latin America Freight and Logistics Market Size and Market Share By Mode of Transportation (2020-2027)
13.2. Latin America Freight and Logistics Market Size and Market Share By Mode of Transportation (2028-2033)

14. Latin America Freight and Logistics Market, By Service, 2020-2033 (USD Million)

14.1. Latin America Freight and Logistics Market Size and Market Share By Service (2020-2027)
14.2. Latin America Freight and Logistics Market Size and Market Share By Service (2028-2033)

15. Latin America Freight and Logistics Market, By End-Use Industry, 2020-2033 (USD Million)

15.1. Latin America Freight and Logistics Market Size and Market Share By End-Use Industry (2020-2027)
15.2. Latin America Freight and Logistics Market Size and Market Share By End-Use Industry (2028-2033)

16. Latin America Freight and Logistics Market, By Region, 2020-2033 (USD Million)

16.1. Latin America Freight and Logistics Market Size and Market Share By Region (2020-2027)
16.2. Latin America Freight and Logistics Market Size and Market Share By Region (2028-2033)
16.3. Argentina
16.4. Brazil
16.5. Chile
16.6. Colombia
16.7. Costa Rica
16.8. Mexico
16.9. Panama
16.10. Rest of Latin America

17. Company Profile

17.1. A.P. Mollerâ€“Maersk
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. C.H. Robinson Worldwide Inc.
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. DB Schenker
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. Deutsche Post AG (DHL Group)
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. DSV
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. FedEx
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Geodis
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Kuehne+Nagel
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. Supply Chain Solutions
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. United Parcel Service, Inc.
17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. Others

18. List of Abbreviations

19. Reference Links

20. Conclusion

21. Research Scope

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

What is the conclusion of the Latin America Freight and Logistics Market?

Thus, because of the multiple benefits provided by logistics to the ecommerce business, adoption of logistics services is increasing at a rapid pace, fueling the expansion of the logistics market.

How big is the Latin America Freight and Logistics Market?

Latin America Freight and Logistics Market is projected to reach USD 1137.54 Billion by 2033, growing at a CAGR of 6.4% during the forecast period.

What is the growth rate of the Latin America Freight and Logistics Market?

Latin America Freight and Logistics Market size from 2022. The Market is expected to reach USD 1137.54 Billion by 2033, at a CAGR of 6.4% during the forecast period.

What is the anticipated CAGR of the Latin America Freight and Logistics Market?

Latin America Freight and Logistics Market CAGR of 6.4% during the forecast period.

How can I get a sample report on the Latin America Freight and Logistics Market?

You can get the sample pages by clicking the link - Click Here

What is the market size of the Latin America Freight and Logistics Market?

Latin America Freight and Logistics Market size is 1137.54 Billion from 2024 to 2033.

Which segment is expected to Latin America Freight and Logistics Market?

Latin America Freight and Logistics Market Segment is covered By Type, By Mode of Transportation, By Service, By End-Use Industry.

Which region is expected to have the highest market share in the Latin America Freight and Logistics Market?

The Latin America is anticipated to have the highest market share in the Latin America Freight and Logistics Market.

Who are the key players in Latin America Freight and Logistics Market?

The key players in the market include Companies Covered A.P. Moller–Maersk, C.H. Robinson Worldwide Inc., DB Schenker, Deutsche Post AG (DHL Group), DSV, FedEx, Geodis, Kuehne+Nagel, Supply Chain Solutions, United Parcel Service Inc., Others.