Mexico Freight and Logistics Market Growth, Size, Trends, Share, Revenue and Future Outlook
Mexico Freight and Logistics Market Size– By Logistics Function, By End Use Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Sep-2024 | Report ID: AMIN24207 | Pages: 1 - 108 | Formats*: |
| Category : Automotive & Transportation | |||
Mexico Freight and Logistics Market Introduction and Overview
According to SPER Market Research, the Mexico Freight and Logistics Market is estimated to reach USD 192.2 billion by 2033 with a CAGR of 5.82%.
The report includes an in-depth analysis of the Mexico Freight and Logistics Market, including market size and trends, product mix, applications, and supplier analysis. Freight and logistics are the processes of planning and carrying out effective transportation and storage of products from point of origin to point of consumption. This helps to address consumer needs in a timely and cost-effective way. These services are used to transfer goods and commodities from one location to another using rail, trucks, roads, and large vessels. Airways, railways, highways, and waterways are the four basic modes of freight and logistics transportation. Airways refers to the transportation and administration of products by an air carrier. Freight forwarding, warehousing, value-added services, and others are among the several functions. It is used in a variety of industries, including manufacturing, automotive, oil and gas, mining and quarrying, agricultural, fishing, and forestry, construction, distribution, and others.
- February 2024: C.H. Robinson has created a new technology that significantly improves freight transportation efficiency by eliminating the requirement to schedule an appointment at the location where a load needs to be picked up and another appointment where the load needs to be delivered. The device also employs artificial intelligence to select the best appointment based on travel time data from C.H. Robinson's millions of shipments across 300,000 shipping lines.
- Kuehne + Nagel has launched its Book & Claim insetting solution for electric vehicles in January 2024, which will strengthen its decarbonisation solutions. Creating Book & Claim insetting systems for road freight was a strategic focus for Kuehne + Nagel. Customers who use Kuehne + Nagel's road transport services can now claim carbon savings from electric trucks even if they cannot physically transfer their goods on these vehicles.
Market Opportunities and Challenges
Opportunities- The Mexican freight and logistics business offers numerous potential for expansion and innovation. One major opportunity is the expansion of logistics services to meet the increased demand for e-commerce and omnichannel shopping. With the growing popularity of online shopping, logistics companies may capitalise on the demand for effective last-mile delivery solutions. Investing in innovative technology, such as drone delivery, self-driving trucks, and smart warehouses, can improve delivery speed, accuracy, and customer happiness. Collaboration with e-commerce platforms and retailers can result in the creation of integrated logistics solutions that improve the overall supply chain.
Challenges- Security issues represent a huge obstacle to Mexico's logistics market. High levels of criminality and cargo theft in specific places can disrupt supply chains and cause significant financial losses. To reduce these dangers, logistics companies can invest on security measures such as GPS tracking, surveillance systems, and safe storage facilities. However, these approaches may raise operational expenses, affecting the overall profitability of logistics operations. Furthermore, regulatory complications and customs procedures can operate as barriers in the logistics business. Navigating the regulatory landscape, assuring adherence to numerous trade and customs regulations, and dealing with bureaucratic red tape may be time-consuming and expensive.
Market Competitive Landscape
The Mexico Freight and Logistics Market is fragmented, with the major players being Accel LogÃstica, Aeromexico Cargo4, Agility Public Warehousing Company K.S.C.P, C.H. Robinson, DB Schenker, DHL Group, DSV A/S (De Sammensluttede Vognmænd af Air and Sea), Estafeta Mexicana, S.A. de C.V, FedEx, Kuehne + Nagel.
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 Logistics Function, By End Use Industry |
| Regions covered | North, South, East, West, Central |
| Companies Covered | Accel LogÃstica, Aeromexico Cargo4, Agility Public Warehousing Company K.S.C.P, C.H. Robinson, DB Schenker, DHL Group, DSV A/S (De Sammensluttede Vognmænd af Air and Sea), Estafeta Mexicana, S.A. de C.V, FedEx, Kuehne + Nagel. |
COVID-19 Impact on Mexico Freight and Logistics Market
The Covid-19 epidemic posed significant hurdles to the logistics industry, interrupting worldwide supply lines and producing variations in demand. However, the epidemic has expedited the adoption of digital solutions and contactless deliveries, resulting in greater efficiency and customer satisfaction. The industry's resilience during the epidemic demonstrates its critical role in moving important commodities and ensuring supply chain continuity.
Key Target Audience:
- Manufacturers and exporters
- Retail and e-commerce companies
- Transportation and logistics service providers
- Importers and distributors
- Automotive industry
- Consumer goods companies
- Government agencies
- Warehousing and storage providers
- Oil and gas sector
- Construction and infrastructure companies
Our in-depth analysis of the Mexico Freight and Logistics Market includes the following segments:
| By Equipment: |
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| By End Use Industry: |
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Key Topics Covered in the Report:
- Mexico Freight and Logistics Market Size (FY’2024-FY’2033)
- Overview of Mexico Freight and Logistics Market
- Segmentation of Mexico Freight and Logistics Market by Logistics Function (Courier, Express and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage, and Others)
- Segmentation of Mexico Freight and Logistics Market by End Use Industry (Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, and Others)
- Statistical Snap of Mexico Freight and Logistics Market
- Expansion Analysis of Mexico Freight and Logistics Market
- Problems and Obstacles in Mexico Freight and Logistics Market
- Competitive Landscape in the Mexico Freight and Logistics Market
- Impact of COVID-19 and Demonetization on Mexico Freight and Logistics Market
- Details on Current Investment in Mexico Freight and Logistics Market
- Competitive Analysis of Mexico Freight and Logistics Market
- Prominent Players in the Mexico Freight and Logistics Market
- SWOT Analysis of Mexico Freight and Logistics Market
- Mexico Freight and Logistics Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Mexico Freight and Logistics Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Mexico Freight and Logistics Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Mexico Freight and Logistics Market
7. Mexico Freight and Logistics Market, By Equipment (USD Million) 2020-2033
7.1. Mexico Freight and Logistics Market Size, Share and Forecast, By Equipment, 2020-20267.2. Mexico Freight and Logistics Market Size, Share and Forecast, By Equipment, 2027-20337.3. Courier, Express and Parcel7.4. Freight Forwarding7.5. Freight Transport7.6. Warehousing and Storage7.7. Others
8. Mexico Freight and Logistics Market, By End Use Industry (USD Million) 2020-2033
8.1. Mexico Freight and Logistics Market Size, Share and Forecast, By End Use Industry, 2020-20268.2. Mexico Freight and Logistics Market Size, Share and Forecast, By End Use Industry, 2027-20338.3. Agriculture8.4. Fishing and Forestry8.5. Construction8.6. Manufacturing8.7. Oil and Gas8.8. Mining and Quarrying8.9. Wholesale and Retail Trade8.10. Others
9. Mexico Freight and Logistics Market Forecast, 2020-2033 (USD Million)
9.1. Mexico Freight and Logistics Market Size and Market Share
10. Mexico Freight and Logistics Market, By Region, 2020-2033 (USD Million)
10.1. Mexico Freight and Logistics Market Size and Market Share By Region (2020-2026)10.2. Mexico Freight and Logistics Market Size and Market Share By Region (2027-2033)10.3. North10.4. South10.5. East10.6. West10.7. Central
11. Company Profile
11.1. Accel LogÃstica11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments11.2. Aeromexico Cargo11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments11.3. Agility Public Warehousing Company K.S.C.P11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments11.4. C.H. Robinson11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments11.5. DB Schenker11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments11.6. DHL Group11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments11.7. DSV A/S (De Sammensluttede Vognmænd af Air and Sea)11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments11.8. Estafeta Mexicana, S.A. de C.V11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments11.9. FedEx11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments11.10. Kuehne + Nagel11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments11.11. Others
13 Conclusion
14 List of Abbreviations
15 Reference Links
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.
Frequently Asked Questions About This Report
Mexico Freight and Logistics Market is projected to reach USD 192.2 billion by 2033, growing at a CAGR of 5.82% during the forecast period.
Mexico Freight and Logistics Market grew in Market size from 2024. The Market is expected to reach USD 192.2 billion by 2033, at a CAGR of 5.82% during the forecast period.
Mexico Freight and Logistics Market CAGR of 5.82% during the forecast period.
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Mexico Freight and Logistics Market size is USD 192.2 billion from 2024 to 2033.
Mexico Freight and Logistics Market is covered By Logistics Function, By End Use Industry
The North America is anticipated to have the highest Market share in the Mexico Freight and Logistics Market.
The key players in the Market include Companies Covered Accel Logística, Aeromexico Cargo4, Agility Public Warehousing Company K.S.C.P, C.H. Robinson, DB Schenker, DHL Group, DSV A/S (De Sammensluttede Vognmænd af Air and Sea), Estafeta Mexicana, S.A. de C.V, FedEx, Kuehne + Nagel.
The high cost of advanced diabetes drugs and the financial burden of treating diabetes remain major obstacles to market growth, despite the fact that numerous drugs have been approved for the condition and that governments and industry players are launching numerous initiatives.
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