United Kingdom Freight and Logistics Market Size, Share, and COVID-19 Impact Analysis, By Shipping Type (Airways, Railways, Roadways, and Waterways), By Service (Inventory Management, Packaging, Warehousing, Transportation, Distribution, Customer Clearance, and Others), By End-Use (Energy & Utilities, Trade and Transportation, Government and Public Utilities, Healthcare, Manufacturing & Construction, Retail, Media and Entertainment, Banking and Financial Services and Telecommunication & Information Technology), and United Kingdom Freight and Logistics Market Insights, Industry Trend, Forecasts to 2033

United Kingdom Freight and Logistics Market Insights Forecasts to 2033

• The United Kingdom Freight and Logistics Market Size was Valued at USD 134.5 Billion in 2023.
• The United Kingdom Freight and Logistics Market is Growing at a CAGR of 2.77% during the forecast period 2023 to 2033
• The United Kingdom Freight and Logistics Market Size is Anticipated to reach USD 176.8 Billion by 2033

The United Kingdom Freight and Logistics Market is Anticipated to Exceed USD 176.8 Billion by 2033, growing at a CAGR of 2.77% from 2023 to 2033. The rising digitalization & integration of supply chain, demand for cold chain logistics, and concerns over cargo theft & its negative impact on the supply chain are driving the growth of the freight and logistics market in the UK.   

Market Overview

The freight and logistics market refers to the industry encompassing the processes and services related to transporting and storing goods from the point of origin to the point of consumption. Freight refers to the goods being transported, while logistics encompasses the process of planning, implementing, and controlling efficient movement, storage, and flow of goods and information, such as transportation, warehousing, and inventory management. Trade-related agreements and logistic infrastructure, along with the improvements in the logistics sector for rapid delivery and supply chain, are escalating the market growth for freight and logistics. The growth in e-commerce and technological advancements is providing lucrative market growth opportunities. Further, the increased outsourcing services are significantly contributing to propelling the market growth.

Report Coverage

This research report categorizes the market for the UK freight and logistics market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom freight and logistics market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the UK freight and logistics market.

Driving Factors

The increasing digitalization and integration of supply chains using technology for optimizing and streamlining operations across the entire supply chain, from procurement to delivery, are significantly contributing to driving the freight and logistics market. The demand for cold chain logistics within freight and logistics for the storage and transportation of perishable goods, including pharmaceuticals, fresh products, and dairy products, is propelling the market growth. 

Restraining Factors

The infrastructure limitations and increased initial investment costs are challenging the freight and logistics market. Further, regulatory hurdles and geopolitical uncertainties may hamper the market growth.

Market Segmentation

The United Kingdom Freight and Logistics Market share is classified into shipping type, service, and end-use.

• The waterways segment dominated the United Kingdom freight and logistics market in 2023 and is expected to grow at a significant CAGR during the projected period.

The United Kingdom freight and logistics market is segmented by shipping type into airways, railways, roadways, and waterways. Among these, the waterways segment dominated the United Kingdom freight and logistics market in 2023 and is expected to grow at a significant CAGR during the projected period. The waterways segment involves the transportation of goods via rivers, canals, and other navigable water bodies within a country. The rising preference for waterways logistics, owing to the benefits including higher load capacity and reduced emissions, is driving the market in the waterways segment.

• The transportation segment dominated the market with the largest market share in 2023 and is expected to grow at a significant CAGR during the projected period.

The United Kingdom freight and logistics market is segmented by service into inventory management, packaging, warehousing, transportation, distribution, customer clearance, and others. Among these, the transportation segment dominated the market with the largest market share in 2023 and is expected to grow at a significant CAGR during the projected period. The broad range of transportation segments, including warehousing, inventory management, and customs clearance, is crucial for businesses to move the product efficiently and safely.

• The trade and transportation segment dominates the market with the largest market share and is expected to grow at a significant CAGR during the projected period.

The United Kingdom freight and logistics market is segmented by end-use into energy & utilities, trade and transportation, government and public utilities, healthcare, manufacturing & construction, retail, media and entertainment, banking and financial services, and telecommunication & information technology. Among these, the trade and transportation segment dominates the market with the largest market share and is expected to grow at a significant CAGR during the projected period. It includes the exchange of goods between entities as well as the movement of goods from one location to another. The acquisition of raw materials and the delivery of finished goods to customers via air, sea, rail, and road transportation modes is propelling the market.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the U.K. freight and logistics market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Advanced Supply Chain Group
• Americold (including Americold Whitchurch)
• Ballyvesey Holdings Limited (including Montgomery Transport)
• CMA CGM Group (including CEVA Logistics)
• Culina Group
• DACHSER
• Delamode Group (formerly Xpediator PLC)
• Deutsche Bahn AG (including DB Schenker)
• DHL Group
• DP World (including P&O Ferrymasters)
• DSV A/S (De Sammensluttede Vognmænd af Air and Sea)
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at U.K., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Freight and Logistics Market based on the below-mentioned segments:

UK Freight and Logistics Market, By Shipping Type

• Airways
• Railways
• Roadways
• Waterways

UK Freight and Logistics Market, By Service

• Inventory Management
• Packaging
• Warehousing
• Transportation
• Distribution
• Customer Clearance
• Others

UK Freight and Logistics Market, By End-Use

• Energy & Utilities
• Trade and Transportation
• Government and Public Utilities
• Healthcare
• Manufacturing & Construction
• Retail
• Media and Entertainment
• Banking and Financial Services
• Telecommunication & Information Technology