Product Code: PM4887
The global secure logistics market size is expected to reach USD 170.16 billion by 2032, according to a new study by Polaris Market Research. The report "Secure Logistics Market Share, Size, Trends, Industry Analysis Report, By Application (Cash Management, Diamonds, Jewelry & Precious Metals, Others); By Mode of Transport; By End-User; By Type; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Security logistics are gaining utility in the marketplace with the growing trade activities among the nations with globalization initiatives. The growing demand for logistics operations among nations, specifically developing countries, is optimally driving new growth opportunities for secure logistics. According to the TeamLease Services Report 2023, the logistics sector is growing at a rate of 12% annually and is anticipated to create 10 million jobs by 2027 in India. The safeguarding of valuables is crucial at the time of transportation due to the increasing warehouse theft activities in the global market. According to the article published in Africa News, in March 2024, the National Emergency Management Agency of Nigeria announced the increasing security at their facilities with the growing warehouse attacks.
Most of the production and consumption processes depend on the import and export of raw materials, intermediaries, and finished products among the economies. This is enabling the stringent need for efficient logistic systems. The increasing government efforts to improve warehouse performance are likely to drive the growth of the secure logistics market in the long run. For instance, in March 2024, the Ministry of Commerce and Industry, and the Department for Promotion of Industry and Internal Trade, collaborated with the World Bank to conduct National Workshop on Logistics Efficiency Enhancement in New Delhi, India.
The increasing e-commerce penetration, along with the growing online shopping popularity among individuals, is optimally stimulating the adoption of secure logistics in the worldwide market. According to the U.S. International Trade Administration, global B2B e-commerce is projected to grow at a compound annual growth rate of 14.5% by 2026. This demonstrates the growing use of e-commerce solutions in the marketplace, which will propel the need for secure logistics in the coming years.
Moreover, the growing expansion activities among the key companies are likely to further boost the market expansion in the foreseeable future. For instance, in February 2024, Brink's Incorporated entered into a partnership agreement with BitGo to extend its global offering and provide vaulting services.
Secure Logistics Market Report Highlights
Cash management segment is anticipated to witness the highest growth due to the increased use of cash in consumption activities over cards.
Road segment accounted for the largest market share owing to its affordability, convenience, and increasing infrastructure development initiatives.
Financial institutions segment is projected to experience a larger revenue share due to the involvement of valuables, specifically cash and precious metals.
APAC is projected to register the fastest growth during the forecast period, attributable to the integration of technology and security logistics.
The global players include Allied Universal, Brink's Incorporated, CargoGuard, CMS Info Systems (CMS), G4S Limited, GardaWorld, Lemuir Group, & Loomis AB.
Polaris Market Research has segmented the secure logistics market report based on application, mode of transport, end-user, type, and region:
Secure Logistics, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Cash Management
- Diamonds, Jewelry & Precious Metals
- Manufacturing
- Others
Secure Logistics, Mode of Transport Outlook (Revenue - USD Billion, 2019 - 2032)
Secure Logistics, End-user Outlook (Revenue - USD Billion, 2019 - 2032)
- Financial Institutions
- Retailers
- Government
- Others
Secure Logistics, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Secure Logistics, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Australia
- Rest of Asia Pacific
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of Middle East & Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Secure Logistics Market Insights
- 4.1. Secure Logistics Market - End-user Snapshot
- 4.2. Secure Logistics Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. The rising incidence of security breaches
- 4.2.1.2. Increasing measures taken by the government to promote manufacturing
- 4.2.2. Restraints and Challenges
- 4.2.2.1. The use of smart phones for e-payment is likely to impede market growth
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Secure Logistics Market End-user Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Secure Logistics Market, by Mode of Transport
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 5.3. Road
- 5.3.1. Global Secure Logistics Market, by Road, by Region, 2019-2032 (USD Billion)
- 5.4. Rail
- 5.4.1. Global Secure Logistics Market, by Rail, by Region, 2019-2032 (USD Billion)
- 5.5. Air
- 5.5.1. Global Secure Logistics Market, by Air, by Region, 2019-2032 (USD Billion)
6. Global Secure Logistics Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 6.3. Cash Management
- 6.3.1. Global Secure Logistics Market, by Cash Management, by Region, 2019-2032 (USD Billion)
- 6.4. Diamonds, Jewelry & Precious Metals
- 6.4.1. Global Secure Logistics Market, by Diamonds, Jewelry & Precious Metals, by Region, 2019-2032 (USD Billion)
- 6.5. Manufacturing
- 6.5.1. Global Secure Logistics Market, by Manufacturing, by Region, 2019-2032 (USD Billion)
- 6.6. Others
- 6.6.1. Global Secure Logistics Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Secure Logistics Market, by End-user
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 7.3. Financial Institutions
- 7.3.1. Global Secure Logistics Market, by Financial Institutions, By Region, 2019-2032 (USD Billion)
- 7.4. Retailers
- 7.4.1. Global Secure Logistics Market, by Retailers, By Region, 2019-2032 (USD Billion)
- 7.5. Government
- 7.5.1. Global Secure Logistics Market, by PyGovernmentrolysis, By Region, 2019-2032 (USD Billion)
- 7.6. Others
- 7.6.1. Global Secure Logistics Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Secure Logistics Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Secure Logistics Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Secure Logistics Market - North America
- 8.3.1. North America: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.3.2. North America: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.3.3. North America: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Secure Logistics Market - U.S.
- 8.3.4.1. U.S.: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Secure Logistics Market - Canada
- 8.3.5.1. Canada: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.4. Secure Logistics Market - Europe
- 8.4.1. Europe: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.4.3. Europe: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Secure Logistics Market - UK
- 8.4.4.1. UK: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Secure Logistics Market - France
- 8.4.5.1. France: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.4.5.3. France: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Secure Logistics Market - Germany
- 8.4.6.1. Germany: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Secure Logistics Market - Italy
- 8.4.7.1. Italy: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Secure Logistics Market - Spain
- 8.4.8.1. Spain: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Secure Logistics Market - Netherlands
- 8.4.9.1. Netherlands: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Secure Logistics Market - Russia
- 8.4.10.1. Russia: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.5. Secure Logistics Market - Asia Pacific
- 8.5.1. Asia Pacific: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Secure Logistics Market - China
- 8.5.4.1. China: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.5.4.3. China: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Secure Logistics Market - India
- 8.5.5.1. India: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.5.5.3. India: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Secure Logistics Market - Malaysia
- 8.5.6.1. Malaysia: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Secure Logistics Market - Japan
- 8.5.7.1. Japan: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Secure Logistics Market - Indonesia
- 8.5.8.1. Indonesia: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Secure Logistics Market - South Korea
- 8.5.9.1. South Korea: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.6. Secure Logistics Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Secure Logistics Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Secure Logistics Market - UAE
- 8.6.5.1. UAE: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Secure Logistics Market - Israel
- 8.6.6.1. Israel: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Secure Logistics Market - South Africa
- 8.6.7.1. South Africa: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.7. Secure Logistics Market - Latin America
- 8.7.1. Latin America: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Secure Logistics Market - Mexico
- 8.7.4.1. Mexico: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Secure Logistics Market - Brazil
- 8.7.5.1. Brazil: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Secure Logistics Market - Argentina
- 8.7.6.1. Argentina: Secure Logistics Market, by Mode of Transport, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Secure Logistics Market, by End-user, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Secure Logistics Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Allied Universal (US)
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Brink's Incorporated (US)
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. CargoGuard (Germany)
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. CMS Info Systems (India)
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. G4S Limited (UK)
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. GardaWorld (Canada)
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Lemuir Group (India)
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Loomis AB (US)
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Maltacourtb (UK)
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. PlanITROI, Inc. (US)
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Prosegur (Spain)
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Securitas AB (Sweden)
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development