27+ Logistics Statistics & Facts (Must Know in 2024)

Logistics is an important aspect of global trade, ensuring that goods arrive at their destinations efficiently. But how much do we actually know about the numbers that drive this vital industry?

With that in mind, we will go over key logistics statistics that provide insight into the industry’s impact and trends.

Logistics Statistics: Key Numbers

• The global logistics market was valued at $8.96 trillion in 2023 and estimated to grow to 15.79 trillion by 2028.
• The global logistics market is expected to grow at a CAGR of 6.3% between 2023 and 2028.

• By 2035, AI will increase logistics productivity by more than 40%.
• Logistics costs can account for up to 30% of total delivery costs.
• Transportation costs account for nearly 58% of total logistics expenses.
• The 10-year job outlook for logisticians is a 28% growth rate.
• The global logistics automation market was $65.25 billion in 2023 and is expected to reach $217.26 billion by 2033, growing 12.8% between 2024 and 2033.
• The green logistics market will reach $1.28 trillion in 2024 and $1.91 trillion by 2029 at a CAGR of 8.29%.

Source: (Precedence Research, Federal Highway Administration, The Geography of Transport Systems, Mordor Intelligence)

Global Logistics Market Size

The global logistics market has grown a ton in recent years, with some big jumps along the way. Here’s a quick look at how the industry’s size has changed:

Year	Global Logistics Industry Size (Trillion)
2023	$8.96
2024*	$9.97
2025*	$11.23
2026*	$12.67
2027*	$14.39
2028*	$15.79
2029*	$17.05
2030*	$18.23
2031*	$19.47
2032*	$20.69
2033*	$21.91

(* indicates an estimate or projection)

Source: Precedence Research,

Global Logistics Market Growth Rate

The global logistics market is going through some serious ups and downs in growth over the next decade. Here’s a quick look at what’s coming year by year:

Year	Growth Rate (%)
2024	11.27
2025	12.63
2026	12.82
2027	13.58
2028	9.73
2029	7.98
2030	6.92
2031	6.80
2032	6.27
2033	5.90

Source: Contimod

Logistics Costs By Functions Statistics

Logistics costs are divided across different areas, with transportation being the biggest chunk. Here’s a breakdown of where the money goes:

• Transportation: 58%
• Warehousing: 23%
• Inventory Carrying: 11%
• Administrative: 8%

Source: The Geography of Transport Systems

AI in Logistics Statistics

Soham Chokshi, co-founder and CEO at Shipsy, said that “AI is empowering businesses to deliver never-before-seen logistics efficiencies,” as reported by FinancialExpress.

• By 2035, AI would boost logistics productivity by more than 40%.
• 36% of large, mid-size, and small businesses have successfully implemented AI for supply chain and logistics processes, and 28% of survey respondents are on the verge of doing so.
• Early adopters were able to reduce logistics costs by 15% by implementing AI.
• estimates that by integrating AI into their processes, logistics companies will generate $1.3 to $2 trillion in economic value each year for the next 20 years.
• Efficiency gains of up to 30% are being seen when using AI for local “last-mile” deliveries.
• Early transportation and logistics AI adopters have profit margins over 5%, while non-adopters are in the red.

Source: (Accenture, McCkinsey, Economist, Geektime, Business Insider)

Cybersecurity in Logistics Statistics

Cybersecurity is becoming increasingly important in logistics, with companies facing everything from data breaches to costly cyberattacks. Here’s what the latest stats reveal about the challenges they face:

• 56% of logistics companies had a data breach in the past year.
• 71% of logistics companies experienced at least one cyberattack within the last year.
• 62% of logistics companies have encountered phishing attacks.
• The average logistics cyber attack costs $93,000.
• Logistics companies experienced 715% more ransomware attacks in 2020.

Source: (WorldMetrics, Linkedin, Zipdo)

Logistic Transport Mode 

Logistics depends on different transport methods, and each one has its place in global trade. Here’s a breakdown of how they all compare:

• Ocean freight: 70%
• Road freight: 18%
• Rail freight: 9%
• Inland waterways: 2%
• Air freight: 0.25%

Source: MyDello