North America Retail Logistics Market Size & Outlook
North America retail logistics market, 2018-2030 (US$M)
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North America retail logistics market highlights
- The North America retail logistics market generated a revenue of USD 63,876.7 million in 2023.
- The market is expected to grow at a CAGR of 11.5% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 63,876.7 million |
| Market revenue in 2030 | USD 136,630.6 million |
| Growth rate | 11.5% (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, North America region accounted for 22.8% 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 |
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North 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 51.71% in 2023. Horizon Databook has segmented the North America retail logistics market based on railways, airways, roadways, waterways covering the revenue growth of each sub-segment from 2018 to 2030.
The retail logistics market in North America was valued at USD 62.63 billion in 2023 and is projected to reach USD 134.28 billion in 2030, registering a CAGR of 11.7% from 2024 to 2030. The increasing trend of e-commerce is the primary reason for the growth of the North American retail logistics market.
The increasing consumers’ expectations for seamless and fast delivery options in e-commerce have propelled the demand for strategically located warehouses that are equipped with automation, efficient transportation methods, and innovative solutions such as micro-fulfillment centers and autonomous vehicles.
As indicated by industry experts, a USD 1 billion rise in online business sales necessitates approximately 1.25 million square feet of distribution center space. However, navigating this dynamic landscape comes with its fair share of challenges.
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Target buyers of North 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 North America retail logistics market , including forecasts for subscribers. This continent databook contains high-level insights into North America retail logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America retail logistics market size, by country, 2018-2030 (US$M)
North America Retail Logistics Market Outlook Share, 2023 & 2030 (US$M)
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