Latin America Freight and Logistics Market Growth, Size, Trends, Share and Future Competition

Latin America Freight and Logistics Market Size- By Type, By Mode of Transportation, By Service, By End User Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Latin America Freight and Logistics Market Size- By Type, By Mode of Transportation, By Service, By End User Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Mar 2024 Report ID: AMIN2473 Pages: 1 - 152 Formats*:     
Category : Automotive & Transportation
Latin America Logistics Market Introduction and Overview 

According to SPER Market Research, the Latin America Logistics Market is estimated to reach USD 1137.54 Billion by 2033 with a CAGR of 6.4%.

The report includes an in-depth analysis of the Latin America Freight and Logistics Market, including market size and trends, product mix, applications, and supplier analysis. Freight and logistics are the processes of transferring products and commodities via rail, trucks, road cars and large boats carrying containers and planes. It provides contract logistics, warehousing, value-added services, and plans and delivers advanced integrated logistics solutions for complex global supply chain networks. The growth of the Freight and Logistics Market is being driven by an increase in trade-related agreements and global logistics infrastructure, as well as technical advances in the logistics industry for speedy delivery and supply chain.

  • In September 2020: Mercado Libre purchased a minority share in Kangu, a Brazilian logistics firm aimed at boosting e-commerce. Kangu allows small sellers to collect and withdraw merchandise purchased through e-commerce.
  • Market Opportunities and Challenges
Latin America Logistics Market
Market Opportunities and Challenges

The growth of the Latin American logistics market is being fueled by factors such as the development of the e-commerce industry, the rise of reverse logistics operations, the rise of tech-driven logistics services, and the growing adoption of IoT-enabled connected devices. Additionally, the surge in the use of information technology (IT) solutions and software, the emergence of last mile deliveries, and logistics automation provide remarkable growth opportunities for the players in the industry.

E-commerce refers to the purchase and sale of commodities via the internet. Third-party logistics service providers include the delivery of products to consumers. Furthermore, the e-commerce industry uses logistics services to manage and control e-commerce enterprises' supply chains, allowing them to focus on marketing and other company activities. Thus, because of the multiple benefits provided by logistics to the ecommerce business, adoption of logistics services is increasing at a rapid pace, fueling the expansion of the logistics market.

The Latin American logistics market confronts constraints such as insufficient infrastructure, increased logistics costs, and manufacturers' lack of control over logistics services, all of which impede expansion. Robust logistical infrastructure, supply chain management, and trade facilitation are critical for smooth operations. Inadequate infrastructure requires businesses to have higher stock buffers and working capital, reducing competitiveness. Furthermore, poor infrastructure increases costs and reduces supply chain reliability due to inefficiencies in transportation, limited storage, complex tax regimes, low technology adoption, and insufficient logistical knowledge. These obstacles, such as muddy roads, address system anomalies, and inadequate warehousing, drive up logistics costs, impeding industry growth.

Latin America Logistics Market


Market Competitive Landscape
The major key players in the Latin America Freight and Logistics Market are: A.P. Moller–Maersk, C.H. Robinson Worldwide Inc., DB Schenker, Deutsche Post AG (DHL Group), DSV, FedEx, Geodis, Kuehne+Nagel, Supply Chain Solutions, United Parcel Service Inc., Others.

Scope of the Report:
 Report Metric Details
 Market size available for years 2020-2033
 Base year considered 2023
 Forecast period 2024-2033
 Segments coveredBy Type, By Mode of Transportation, By Service, By End-Use Industry
 Regions covered
Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Panama, Rest of Latin America
 Companies CoveredA.P. Moller–Maersk, C.H. Robinson Worldwide Inc., DB Schenker, Deutsche Post AG (DHL Group), DSV, FedEx, Geodis, Kuehne+Nagel, Supply Chain Solutions, United Parcel Service Inc., Others
COVID-19 Impact on Latin America Freight and Logistics Market
The COVID-19 epidemic greatly damaged the Latin American freight and logistics business, causing supply chain disruptions, border closures, and restricted transportation capacity. Lockdowns and mobility restrictions affected regional trade and logistics operations. The downturn in economic activity, along with decreased consumer demand, resulted in lower freight volumes and revenue for logistics companies. However, the epidemic has expedited digitalization and the use of technology-driven solutions in the logistics sector to meet the problems provided by the crisis.

Key Target Audience:
  • Manufacturers and Producers
  • Retailers and Wholesalers
  • E-commerce Companies
  • Transportation Companies
  • Government Agencies
  • Investors and Financial Institutions
  • Supply Chain Managers and Professionals
  • International Trade Organizations
  • Technology Providers
  • Consumers
  • Others
Our in-depth analysis of the Latin America Logistics Market includes the following segments:
By Type:
  • Cash Logistics
  • Cold Chain Logistics
  • Logistics Segment
  • Reverse Logistics
  • By Mode of Transportation:
  • Airways
  • Railways
  • Roadways
  • Waterways
  • By Service:
  • Custom clearance
  • Distribution
  • Inventory management
  • Packaging
  • Transportation
  • Warehousing
  • By End-Use Industry:
  • Banking and Financial Services
  • Cash Management
  • Consumer Electronics
  • Food and Dairy
  • Key Topics Covered in the Report:
    • Latin America Freight and Logistics Market Size (FY’2024-FY’2033)
    • Overview of Latin America Freight and Logistics Market
    • Segmentation of Latin America Freight and Logistics Market By Type (Cash Logistics, Cold Chain Logistics, Logistics Segment, Reverse Logistics)
    • Segmentation of Latin America Freight and Logistics Market By Mode of Transportation (Airways, Railways, Roadways, Waterways)
    • Segmentation of Latin America Freight and Logistics Market By Service (Custom clearance, Distribution, Inventory management, Packaging, Transportation, Warehousing, Others)
    • Segmentation of Latin America Freight and Logistics Market By End-Use Industry (Banking and Financial Services, Cash Management, Consumer Electronics, Food and Dairy, Government and Public Utilities, Healthcare, Information Technology, Manufacturing, Media and Entertainment, Retail, Telecommunication, Trade and Transportation, Others)
    • Statistical Snap of Latin America Freight and Logistics Market 
    • Expansion Analysis of Latin America Freight and Logistics Market 
    • Problems and Obstacles in Latin America Freight and Logistics Market
    • Competitive Landscape in the Latin America Freight and Logistics Market
    • Impact of COVID-19 and Demonetization on Latin America Freight and Logistics Market 
    • Details on Current Investment in Latin America Freight and Logistics Market
    • Competitive Analysis of Latin America Freight and Logistics Market 
    • Prominent Players in the Latin America Freight and Logistics Market 
    • SWOT Analysis of Latin America Freight and Logistics Market 
    • Latin America Freight and Logistics Market Future Outlook and Projections (FY’2024-FY’2033)
    • Recommendations from Analyst
    1. Introduction
    1.1. Scope of the report
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the Latin America Freight and Logistics Market 

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. Latin America Freight and Logistics Market Manufacturing Base Distribution, Sales Area, Product Type
    6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Latin America Freight and Logistics Market 

    7. Latin America Freight and Logistics Market, By Type (USD Million)
    7.1. Latin America Freight and Logistics Market Value Share and Forecast, By Type, 2024-2033
    7.2. Cash Logistics
    7.3. Cold Chain Logistics
    7.4. Logistics Segment
    7.5. Reverse Logistics

    8. Latin America Freight and Logistics Market, By Mode of Transportation (USD Million)
    8.1. Latin America Freight and Logistics Market Value Share and Forecast, By Mode of Transportation, 2024-2033
    8.2. Airways
    8.3. Railways
    8.4. Roadways
    8.5. Waterways

    9. Latin America Freight and Logistics Market, By Service (USD Million)
    9.1. Latin America Freight and Logistics Market Value Share and Forecast, By Service, 2024-2033
    9.2. Custom clearance
    9.3. Distribution
    9.4. Inventory management
    9.5. Packaging
    9.6. Transportation
    9.7. Warehousing
    9.8. Others

    10. Latin America Freight and Logistics Market, By End-Use Industry (USD Million)
    10.1. Latin America Freight and Logistics Market Value Share and Forecast, By End-Use Industry, 2024-2033
    10.2. Banking and Financial Services
    10.3. Cash Management
    10.4. Consumer Electronics
    10.5. Food and Dairy
    10.6. Government and Public Utilities
    10.7. Healthcare
    10.8. Information Technology
    10.9. Manufacturing
    10.10. Media and Entertainment
    10.11. Retail
    10.12. Telecommunication
    10.13. Trade and Transportation
    10.14. Others

    11. Latin America Freight and Logistics Market Forecast, 2020-2033 (USD Million)
    11.1. Latin America Freight and Logistics Market Size and Market Share

    12. Latin America Freight and Logistics Market, By Type, 2020-2033 (USD Million)
    12.1. Latin America Freight and Logistics Market Size and Market Share By Type (2020-2027)
    12.2. Latin America Freight and Logistics Market Size and Market Share By Type (2028-2033)

    13. Latin America Freight and Logistics Market, By Mode of Transportation, 2020-2033 (USD Million)
    13.1. Latin America Freight and Logistics Market Size and Market Share By Mode of Transportation (2020-2027)
    13.2. Latin America Freight and Logistics Market Size and Market Share By Mode of Transportation (2028-2033)

    14. Latin America Freight and Logistics Market, By Service, 2020-2033 (USD Million)
    14.1. Latin America Freight and Logistics Market Size and Market Share By Service (2020-2027)
    14.2. Latin America Freight and Logistics Market Size and Market Share By Service (2028-2033)

    15. Latin America Freight and Logistics Market, By End-Use Industry, 2020-2033 (USD Million)
    15.1. Latin America Freight and Logistics Market Size and Market Share By End-Use Industry (2020-2027)
    15.2. Latin America Freight and Logistics Market Size and Market Share By End-Use Industry (2028-2033)

    16. Latin America Freight and Logistics Market, By Region, 2020-2033 (USD Million)
    16.1. Latin America Freight and Logistics Market Size and Market Share By Region (2020-2027)
    16.2. Latin America Freight and Logistics Market Size and Market Share By Region (2028-2033)
    16.3. Argentina
    16.4. Brazil
    16.5. Chile
    16.6. Colombia
    16.7. Costa Rica
    16.8. Mexico
    16.9. Panama
    16.10. Rest of Latin America

    17. Company Profile
    17.1. A.P. Moller–Maersk
    17.1.1. Company details
    17.1.2. Financial outlook
    17.1.3. Product summary 
    17.1.4. Recent developments
    17.2. C.H. Robinson Worldwide Inc.
    17.2.1. Company details
    17.2.2. Financial outlook
    17.2.3. Product summary 
    17.2.4. Recent developments
    17.3. DB Schenker
    17.3.1. Company details
    17.3.2. Financial outlook
    17.3.3. Product summary 
    17.3.4. Recent developments
    17.4. Deutsche Post AG (DHL Group)
    17.4.1. Company details
    17.4.2. Financial outlook
    17.4.3. Product summary 
    17.4.4. Recent developments
    17.5. DSV
    17.5.1. Company details
    17.5.2. Financial outlook
    17.5.3. Product summary 
    17.5.4. Recent developments
    17.6. FedEx
    17.6.1. Company details
    17.6.2. Financial outlook
    17.6.3. Product summary 
    17.6.4. Recent developments
    17.7. Geodis
    17.7.1. Company details
    17.7.2. Financial outlook
    17.7.3. Product summary 
    17.7.4. Recent developments
    17.8. Kuehne+Nagel
    17.8.1. Company details
    17.8.2. Financial outlook
    17.8.3. Product summary 
    17.8.4. Recent developments
    17.9. Supply Chain Solutions
    17.9.1. Company details
    17.9.2. Financial outlook
    17.9.3. Product summary 
    17.9.4. Recent developments
    17.10. United Parcel Service, Inc.
    17.10.1. Company details
    17.10.2. Financial outlook
    17.10.3. Product summary 
    17.10.4. Recent developments
    17.11. Others 
     
    18. List of Abbreviations

    19. Reference Links

    20. Conclusion

    21. Research Scope

    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.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    Latin America Logistics Market is projected to reach USD 1137.54 Billion by 2033, growing at a CAGR of 6.4% during the forecast period.
    Latin America Logistics Market size from 2022. The Market is expected to reach USD 1137.54 Billion by 2033, at a CAGR of 6.4% during the forecast period.
    Latin America Logistics Market CAGR of 6.4% during the forecast period.
    Latin America Logistics Market size is 1137.54 Billion from 2024 to 2033.
    Latin America Logistics Market Segment is covered By Type, By Mode of Transportation, By Service, By End-Use Industry.
    The Latin America is anticipated to have the highest market share in the Latin America Logistics Market.
    The key players in the market include Companies Covered A.P. Moller–Maersk, C.H. Robinson Worldwide Inc., DB Schenker, Deutsche Post AG (DHL Group), DSV, FedEx, Geodis, Kuehne+Nagel, Supply Chain Solutions, United Parcel Service Inc., Others.
    Thus, because of the multiple benefits provided by logistics to the ecommerce business, adoption of logistics services is increasing at a rapid pace, fueling the expansion of the logistics market.
    Not able to find what you are looking for? Need customization in the existing report?
    Click Here
    PLACE AN ORDER
    • 15% off
       
      $ 3400
    • 20% off
               
      $ 4520
    • 25% off
           
      $ 5650
    Pre-Purchase Inquiry
    SEND AN INQUIRY
    NEED CUSTOMIZATION?
    Request Customization
    CALL OR EMAIL US
    US:
    India:
    Email:
    100% Secure Payment

    SPER American Express
    SPER VISA
    SPER Master Card
    SPER Mestro
    SPER Paypal
    SPER CCAvenues

    Join Our SPER Panel

    Our Global Clients

    Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
    SPER-Astellas Pharma
    SPER-Citi Bank
    SPER-Microsoft
    SPER-EY
    SPER-McKinsey
    SPER-Bain
    SPER-Max-Healthcare
    SPER-DHL
    SPER-SIEMENS
    SPER-IQVIA
    SPER-Pfizer
    SPER-LOREAL
    SPER-Kankar IMRB
    SPER-ITA
    SPER-PWC
    SPER-Sanofi
    SPER-p&g
    SPER-Johnson & Johnson
    SPER-IPSOS
    SPER-Heineken

    SPER

    Market Research

    We are the leading, full-service global market research and consulting company.

    Certificates
    iso-1 iso-1 iso-1 ESOMAR
    Secure Payments
    SPER Payment Options
    Contact HR

     [email protected]

     +91-742-898-5650