The North America Green Logistics Market would witness market growth of 7.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Green Logistics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $531,826.9 million by 2031. The Canada market is expected to witness a CAGR of 9.4% during (2024 - 2031). Additionally, The Mexico market would register a CAGR of 8.6% during (2024 - 2031).
Green logistics, which is also referred to as sustainable logistics, is a rapidly expanding sector of the transportation and supply chain industry that prioritizes the reduction of environmental impact while simultaneously ensuring cost-effectiveness and efficiency. Logistics companies are facing mounting pressure to implement environmentally favorable solutions that enhance resource efficiency, reduce waste, and mitigate carbon emissions as industries transition to sustainable practices. Governments, businesses, and consumers recognize the urgent need to transition towards greener logistics operations to combat climate change, address rising fuel costs, and follow international regulatory standards. The shift toward sustainable logistics is driven by a combination of technological innovations, regulatory frameworks, and changing consumer preferences, all of which are contributing to the expansion of the market.
The logistics industry has been considerably impacted by the growing awareness of climate change, which has prompted organizations to adopt environmentally responsible practices. Traditional logistics operations, which heavily rely on fossil fuel-powered transportation, contribute significantly to greenhouse gas (GHG) emissions, air pollution, and resource depletion. The adoption of electric vehicles (EVs), hybrid trucks, and sustainable freight alternatives is becoming a standard practice among logistics providers aiming to achieve carbon neutrality.
Mexico is prioritizing sustainable infrastructure development and trade-related logistics enhancements. The country is investing in modernizing rail systems, expanding port capacity, and integrating environmentally friendly transportation technologies to improve efficiency and reduce emissions. Mexico’s collaboration with global organizations and neighboring countries strengthens green logistics standards and encourages adopting low-carbon supply chain strategies. Additionally, major cities' urban logistics initiatives promote the use of electric delivery vehicles and smart mobility solutions to tackle congestion and pollution. Thus, the region will present lucrative growth opportunities to expand the market.
Free Valuable Insights: The Green Logistics Market is Predict to reach USD 2505.92 Billion by 2031, at a CAGR of 7.8%
Based on Mode of Transportation, the market is segmented into Roadways, Railways, Waterways, and Airways. Based on Business Type, the market is segmented into Warehousing, Distribution, and Value added services. Based on End-use, the market is segmented into Retail & E-Commerce, Manufacturing, Automotive, Healthcare, Banking & financial services, and Other End-use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Mode of Transportation
By Business Type
By End-use
By Country
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