Market revenue in 2023 | USD 13,532.0 million |
Market revenue in 2030 | USD 29,143.1 million |
Growth rate | 11.6% (CAGR from 2023 to 2030) |
Largest segment | Roadways |
Fastest growing segment | Airways |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 51.16% in 2023. Horizon Databook has segmented the UK retail logistics market based on railways, airways, roadways, waterways covering the revenue growth of each sub-segment from 2018 to 2030.
The adoption of technology in the logistics sector is a key driver of the increased demand for retail logistics solutions and services in the U.K. Innovations such as automation, artificial intelligence, and data analytics have revolutionized warehouse management, inventory tracking, and last-mile delivery.
The growing realization of these benefits is encouraging retailers as well as logistics companies to invest in these technologies to stay competitive, leading to a surge in demand for logistics solutions that incorporate these advancements.
According to the AI Activity in U.K. Business report created by Capital Economics Ltd., a London-based economic research company, for the Department for Digital, Culture, Media, and Sport (DCMS), approximately 15% of the surveyed businesses have incorporated at least one AI technology into their operations, while around 2% are currently in the process of testing AI through pilot programs.
Horizon Databook provides a detailed overview of country-level data and insights on the UK retail logistics market , including forecasts for subscribers. This country databook contains high-level insights into UK retail logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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