As per Technavio, The Logistics Market in the Asia Pacific (APAC) region is on track to expand by USD 145.4 million, with a projected compound annual growth rate (CAGR) of 5.25% from 2022 to 2027. This anticipated growth is underpinned by several driving factors. The bolstered trade relations between India and China are significantly enhancing commercial activity, which in turn increases the demand for effective logistics solutions. Additionally, the rising retail sales in APAC are creating a need for advanced distribution networks to cater to evolving consumer demands. The surging e-commerce sector further compounds this need, driving the requirement for swift and dependable delivery services. Together, these factors are fueling robust growth in the APAC logistics market. As the market continues to adapt to these trends, businesses will likely invest in innovative solutions and technologies, ensuring ongoing expansion and efficiency in the logistics sector.

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