Green Logistics Market Size, Share, Service Type (Transportation, Warehousing, Distribution, Reverse Logistics, and Consulting Services), By Transportation Mode (Roadways, Railways, Airways, and Waterways), By Industry Vertical (Retail & E-Commerce, Automotive, Healthcare, Food & Beverages, Manufacturing, Energy, and Others), and By Region - Trends, Analysis and Forecast Till 2034

Report Code: PMI559824 | Publish Date: September 2024 | No. of Pages: 172

Green Logistics Market Size

Green logistics Market Size was valued at USD 1.5 Trillion in 2024 and is expected to reach USD 3.11 Trillion by 2034, growing at a CAGR of 8.3%

Green logistics are among the fastest-growing markets in the world, developing within environmental sustainability regarding transport and, in general, the logistics industry. It encompasses the input of ecological sensitivity on operations to reduce harmful effects on the planet. The major areas of interest that involve green logistic development include sustainable transport, warehousing efficiency, supply chain optimization, and eco-friendly packaging. This equally enables the company to cut carbon emissions, preserve energy consumption, minimize waste, and encourage resource efficiency. Autonomous vehicles and drones are advanced technologies that may completely revolutionize the industry. Green logistics requires effective warehousing and supply chain management. Ecological packaging would imply using recyclable or biodegradable material, minimizing waste, and ensuring consumer appeal. Pressures from regulations, consumer awareness, and corporate social responsibility initiatives, in general, drive the market forward. One can find considerable economic benefits involved in adopting the practice of green logistics. The advantages range from cost savings to new business opportunities.