According to a new report, published by KBV research, The Global Green Logistics Market size is expected to reach $2505.92 billion by 2031, rising at a market growth of 7.8% CAGR during the forecast period.
The Roadways segment captured a CAGR of 7.3 % during the forecast period. The rising adoption of electric and hybrid trucks, biofuel-powered freight carriers, and AI-driven route optimization technologies primarily drive the roadways segment. Governments and logistics providers are increasingly investing in charging infrastructure for electric commercial vehicles and implementing low-emission zones to encourage sustainable transportation. The demand for fuel-efficient, low-emission vehicles has been further exacerbated by the rapid expansion of e-commerce and last-mile delivery services.
The Warehousing segment is leading the Global Green Logistics Market by Business Type in 2023; thereby, achieving a market value of $864.90 billion by 2031. The warehousing segment is primarily driven by the growing demand for energy-efficient storage solutions, fueled by rising sustainability goals and regulatory compliance. Companies are investing in green warehouses equipped with solar panels, automated storage systems, and AI-driven inventory management to reduce carbon footprints and operational costs. The increasing adoption of smart cooling technologies, LED lighting, and eco-friendly building materials further enhances sustainability efforts.
The Manufacturing segment is experiencing a CAGR of 7.3% during (2024 - 2031). Companies are adopting green warehousing solutions, IoT-based supply chain monitoring, and multimodal transportation to improve efficiency and reduce emissions. The rise of the circular economy—which promotes waste reduction, recycling, and closed-loop supply chains—has further accelerated the shift toward sustainable logistics in manufacturing. Additionally, strict government regulations on industrial emissions and the demand for low-carbon footprint production processes have encouraged manufacturers to adopt green transportation and storage solutions.
Full Report: https://www.kbvresearch.com/green-logistics-market/
The Asia Pacific region dominated the Global Green Logistics Market by Region in 2023; thereby, achieving a market value of $916.40 billion by 2031. The North America region is expected to witness a CAGR of 7.2% during (2024 - 2031). Additionally, The Europe region would register a CAGR of 7.4% during (2024 - 2031).
By Mode of Transportation
By Business Type
By End-use