Latin America Retail Logistics Market Size & Outlook
Latin America retail logistics market, 2018-2030 (US$M)
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Latin America retail logistics market highlights
- The Latin America retail logistics market generated a revenue of USD 35,542.1 million in 2023.
- The market is expected to grow at a CAGR of 13.8% from 2024 to 2030.
- In terms of segment, roadways was the largest revenue generating mode of transport in 2023.
- Airways is the most lucrative mode of transport segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 35,542.1 million |
| Market revenue in 2030 | USD 88,024.2 million |
| Growth rate | 13.8% (CAGR from 2023 to 2030) |
| Largest segment | Roadways |
| Fastest growing segment | Airways |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Railways, Airways, Roadways, Waterways |
| Key market players worldwide | XPO Inc, DSV AS, Kuehne + Nagel International AG, C.H. Robinson Worldwide Inc, Nippon Express Holdings Inc, FedEx Corp, Schneider Electric SE, United Parcel Service Inc Class B, DHL Group, A. P. Moller Maersk A/S Class B, Associate Global Partners Ltd |
Other key industry trends
- In terms of revenue, Latin America region accounted for 12.7% of the global retail logistics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 191,094.1 million by 2030.
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Retail Logistics Market Scope
Retail Logistics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America retail logistics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to retail logistics market will help companies and investors design strategic landscapes.
Roadways was the largest segment with a revenue share of 50.3% in 2023. Horizon Databook has segmented the Latin America retail logistics market based on railways, airways, roadways, waterways covering the revenue growth of each sub-segment from 2018 to 2030.
Lockdown measures due to the COVID-19 pandemic have led to an upsurge in online shopping across Latin America. As a result, the manufacturing, food & beverage, and logistics sectors have had to streamline their supply chains to meet the increased demand.
This has necessitated improvements in the speed and accuracy of order processing and delivery, enabling businesses to cater to the needs of consumers effectively.
The Latin American retail logistics market is experiencing significant growth owing to several factors, such as the rapid expansion of international trade for perishable goods and advancements in transportation and storage facilities.
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Target buyers of Latin America retail logistics market databook
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Our clientele includes a mix of retail logistics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America retail logistics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America retail logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America retail logistics market size, by country, 2018-2030 (US$M)
Latin America Retail Logistics Market Outlook Share, 2023 & 2030 (US$M)
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