Blockchain Press Releases
Green Logistics Market to Reach $2.9 Trillion, Globally, by 2032 at 8.3% CAGR: Allied Market Research
Growing adoption of electric vehicles (EVs) in the logistics industry. EVs are a cleaner and more efficient alternative to traditional combustion engine vehicles, and their adoption is increasing in the logistics industry.
PORTLAND, Ore., July 3, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Green Logistics Market by End Use (Healthcare, Manufacturing, Automotive, Banking and financial services, Retail and E-Commerce, Others), by Business Type (Warehouse, Distribution, Value added services), by Mode of Operation (Storage, Roadways Distribution, Seaways Distribution, Others): Global Opportunity Analysis and Industry Forecast, 2022-2032″. According to the report, the global green logistics industry generated $1.3 trillion in 2022, and is anticipated to generate $2.9 trillion by 2032, witnessing a CAGR of 8.3% from 2023 to 2032.
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Prime determinants of growth
Factors such as an increased corporate social responsibility (CSR) activity by logistic companies, growing adoption of EVs in the logistics industry, rise in environmental regulations and legislation, and increase in adoption of artificial intelligence (AI) in the global logistics industry boost the growth of the green logistics market. However, dependency on fossil fuels, majority for transportation, the high costs of implementing green procurement practices discourage potential investors and lack of infrastructure are anticipated to hinder market growth. On the other hand, increased environmental consciousness among end-use industries, the increased demand for smart green warehouses, and rise in development of lidar drones for last mile delivery and warehouses provide a remarkable growth opportunity for the market players operating in the market.
Report Coverage & Details:
|
Report Coverage |
Details |
|
Forecast Period |
2023–2032 |
|
Base Year |
2022 |
|
Market Size in 2022 |
$1.3 trillion |
|
Market Size in 2032 |
$2.9 trillion |
|
CAGR |
8.3 % |
|
No. of Pages in Report |
279 |
|
Segments covered |
End Use, Business Type, Mode of Operation, and Region. |
|
Drivers |
Increased corporate social responsibility (CSR) activities by logistic companies Growing adoption of EVs in the logistics industry Rise in environmental regulations and legislation Increase in adoption of artificial intelligence (AI) in the global logistics industry |
|
Opportunities |
Increased environmental consciousness among end-use industries The increased demand for smart green warehouses Rise in development of lidar drones for last mile delivery and warehouses |
|
Restraints |
Dependency on fossil fuels, majority for transportation Lack of infrastructure The high costs of implementing green procurement practices discourage potential investors |
Covid-19 Scenario
- The COVID-19 crisis had created uncertainty in the market, owing to a massive slowing of the supply chain, falling business confidence, and increasing panic among the customer segments.
- Governments of different regions announced a total lockdown and temporary shutdown of industries, thereby adversely affecting overall supply chain operations.
- Countries around the globe have posed stringent restrictions ranging from days to months of lockdown periods. Owing to this pandemic, many businesses halted and are waiting for market conditions to improve.
- Attributed to the lockdown and social distancing impact, the demand for online retailing was increased compared to offline retailing. In addition, there was increasing demand for healthcare and FMCG supplies such as hospital supplies, gloves, sanitizers, vaccinations, and perishable food items, propelling the growth of the green logistics during the pandemic.
The Manufacturing segment to maintain its leadership status throughout the forecast period
Based on end use, the manufacturing segment held the highest market share in 2022, accounting for nearly one-third of the global green logistics market revenue and is estimated to maintain its leadership status throughout the forecast period due to increase in demand for procuring raw materials and handing them over to manufacturers for production. However, the retail and E-commerce segment is projected to manifest the highest CAGR of 9.4% from 2023 to 2032, owing to surge in multimodal transportation adoption and the growing influence of E-commerce platforms.
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The Distribution segment to maintain its leadership status throughout the forecast period
Based on business type, the distribution segment held the highest market share in 2022, accounting for nearly three-fifths of the global green logistics market revenue and is estimated to maintain its leadership status throughout the forecast period, as businesses across various industries are recognizing the importance of reducing carbon emissions and minimizing their environmental impact. However, the value-added services segment is projected to manifest the highest CAGR of 9.3% from 2023 to 2032, owing to an increase in the adoption of eco-friendly picking, packing, and quality control processes, as well as specialized insurance coverage.
The Storage segment to maintain its lead position during the forecast period
Based on mode of operation, the storage segment accounted for the largest share in 2022, contributing to more than one-third of the global green logistics market revenue, and is estimated to maintain its leadership status throughout the forecast period, as there is a growing emphasis on sustainable infrastructure development, leading businesses to implement eco-friendly storage solutions such as energy-efficient systems and sustainable building materials. However, the seaways distribution segment is expected to portray the largest CAGR of 9.2% from 2023 to 2032 and is projected to maintain its lead position during the forecast period. Cost efficiency is a significant driver for seaways distribution, as shipping goods by sea is often more cost-effective, particularly for long-distance or bulk shipments. In addition, the growth of global trade has increased the demand for efficient supply chain connectivity, leading to the adoption of seaways distribution to reach diverse customer bases across continents
Asia-Pacific to maintain its dominance by 2032
Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for around one-third of the global green logistics market revenue. Also, the same region is expected to witness the fastest CAGR of 9.9% from 2023 to 2032 and is likely to dominate the market during the forecast period. This is owing to the huge population of Asia-Pacific and the Asian countries are investing in electric vehicles, clean energy sources, and smart transportation systems.
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Leading Market Players: –
- FedEx Corporation
- DSV
- Agility Public Warehousing Company K.S.C.P. and Subsidiaries
- GEODIS
- Deutsche Post DHL Group.
- YUSEN LOGISTICS CO., LTD.
- Bollor SE
- CEVA Logistics
- XPO Logistics, Inc.
- United Parcel Service of America, Inc.
The report provides a detailed analysis of these key players of the global green logistics market. These players have adopted different strategies such as partnership, agreement, acquisition, expansion and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Similar Reports We Have on Logistics Industry:
United States Green Logistics Market Report 2023-2035
South Korea Green Logistics Market Report 2023-2035
Japan Green Logistics Market Report 2023-2035
Asia-Pacific Green Logistics Market Report 2023-2035
Global Logistics Market Report 2023-2035
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is making waves with its latest trading showdown: Crypto Surf: Ride the Waves with Trailing Stops. This high-octane competition invites traders to rally behind either copy trading or trading bots, battling it out for their share of a prize pool worth up to $250,000 in USDT.
Running from April 18 to May 19, 2025, at 12 a.m. UTC, the event introduces a squad-based structure where users choose their camp, trade strategically, and compete across PnL, ROI and trading volume leaderboards. With a dynamic reward structure, participants can also win by predicting which squad will come out on top.
Prize Pool Distribution Highlights:
- 40% to the champion squad
- 30% to the runner-up
- 25% to the top 100 individual traders by volume
- 5% to users who correctly predict the winning squad
The event brings together the best of both worlds: the strategic finesse of copy trading and the automated power of trading bots. It celebrates innovation, user choice, and the thrill of crypto trading.
Participants must hold a minimum wallet balance of $1,000 in USDT, generate at least $10,000 in squad volume, and complete identity verification Level 1 to qualify. Users can only register for one squad and vote once to predict the winner. Rewards will be distributed within 14 business days of the event’s completion.
The total prize pool will scale in line with event volume milestones, starting at $1.2 billion and unlocking up to $2 billion in traded volume for the full $250,000 in USDT.
Bybit continues to redefine the competitive trading landscape – bringing fun, strategy and serious rewards to its global community.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Blockchain Press Releases
Tomorrowland Brasil 2025 General Sale in Full Swing — Exclusive Cashback for Bybit Cardholders
DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, highlights that general ticket sales for Tomorrowland Brasil 2025 are currently ongoing, with exclusive benefit available to Bybit Card and Bybit Pay eligible users such as 20% cashback.
The Bybit Card is designed for global use and supports both fiat currencies—ARS, BRL, EUR, USD—and a wide selection of cryptocurrencies. Integrated with Apple Pay, Google Pay, and Samsung Pay, it offers users up to 10% cashback on everyday purchases, 8% APR through Auto-Savings, free worldwide delivery, and $100 in monthly ATM withdrawals at no cost—without any annual fees.
Returning to the vibrant setting of Parque Maeda in Itu, São Paulo, Tomorrowland Brasil 2025 will take place from October 12 to 14, promising three days of music, imagination, and cultural exchange. Famed for its theatrical stages, global audience, and meticulously curated lineup, Tomorrowland is more than a festival—it’s a world of its own. With each edition, it transforms into a breathtaking playground of light, sound, and storytelling, drawing music lovers from over 100 countries to celebrate unity through electronic music.
This year’s Brazilian edition will feature performances from some of the world’s most sought-after artists, including David Guetta, Armin van Buuren, Vintage Culture, Mind Against, Steve Aoki, James Hype, Alesso, Nervo, and I Hate Models. Special acts include Alok’s “Something Else” concept, ANNA b2b Vintage Culture, and a powerful b2b set from Matisse & Sadko and Third Party. With more names still to be revealed, the event is shaping up to be one of the strongest editions yet.
“Tomorrowland Brasil is one of those rare experiences that transcends music—it creates lasting memories and connects people from every walk of life,” said Joan Han, Head of Payment business unit at Bybit. “We’re proud to support this global celebration by offering our users exclusive benefits that make it easier to be part of something truly unforgettable.”
Tomorrowland Brasil continues to be a beacon of creativity, community, and connection, standing at the intersection of music, technology, and art.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
About TOMORROWLAND BRASIL
Tomorrowland Brasil 2025 will take place on October 10-12 in the beautiful festival area of Parque Maeda in Itu, a municipality in São Paulo. The festival will revolve around the mesmerizing ‘LIFE’ theme, set against the backdrop of Brazil’s enchanting natural beauty. A story set in the mythical realm of Silvyra, it’s a world unto its own, filled with creatures, plant life, and people living in harmony, each with their own stories, with the diversity of Silvyra’s lush nature represented in the spectacular ‘LIFE’ Mainstage. Offering the ultimate escape from the city during three days of bliss, guests will be treated to breathtaking performances by more than 150 of the world’s finest electronic artists across 6 mesmerizing stages.
The first two festival editions of Tomorrowland Brasil took place in 2015 and 2016 in the beautiful festival area of Parque Maeda in Itu, São Paulo. After years of dreaming of a return, Tomorrowland finally headed back to Brazil in 2023, becoming a yearly highlight once again.
Tomorrowland Brasil 2025
October 10-12, 2025
Parque Maeda, Itu
brasil.tomorrowland.com
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Blockchain Press Releases
MEXC Announces Listing of Initia (INIT) with a 115,000 INIT and 50,000 USDT Prize Pool
VICTORIA, Seychelles, April 18, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the listing of Initia (INIT) on April 24, 2025 (UTC), accompanied by a celebratory event featuring a 115,000 INIT and 50,000 USDT prize pool for new and existing users.
Initia is the first interwoven optimistic–rollup network, reconstructing multichain architecture with native interoperability and shared liquidity. As a full–stack Layer 1+2 platform, Initia supports both EVM & Move VM, enabling seamless cross–ecosystem collaboration. Developed by veterans from top DeFi and blockchain security teams and backed by YZi Labs(Binance Labs), Hack VC, Delphi Digital, and Theory Ventures.
$INIT is the native utility token of the Initia ecosystem, powering key functions such as gas payments, staking, governance, cross-chain transfers, and liquidity provision. Through these utilities, $INIT drives user participation and supports the growth of a secure and decentralized Initia ecosystem.
To celebrate the listing, MEXC will launch an Airdrop+ event, running from April 18 to May 4, 2025 (UTC). The event will include the following activities:
- Deposit and share 90,000 INIT (exclusive to new users)
- Spot Challenge – Trade to share 10,000 INIT (for all users)
- Futures Challenge – Trade to share 50,000 USDT in futures bonus (for all users)
- Invite new users and share 15,000 INIT (for all users)
MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. MEXC will continue to expand its asset offerings and help users seize timely opportunities in the fast-moving crypto market.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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