The Demand for Logistics Professionals Will Grow by 25% by 2025. (2024)

FAQs

Why is logistics a growing field? ›

Job Growth

The logistics industry is expanding rapidly because of a growing global economy. As such, highly skilled workers are needed to oversee and maintain supply chains. The BLS estimates 21,800 openings for logisticians each year through 2032.

With the rapid growth of eCommerce during the pandemic and beyond, the need for logistics jobs has also expanded rapidly. All roles, from supply chain manager to eCommerce fulfillment warehouse worker, are in high demand. If you're considering a logistics career, this is a terrific time to join the field.

Job opportunities in manufacturing and logistics are on the rise. In fact, employment for logisticians is expected to grow 28 percent between 2021 and 2031.

From 2020 to 1H 2023, logistics real estate demand total 1.2 billion square feet or 330 MSF per year vs. historical expansionary average of 175 to 200 MSF in the top 30 U.S. markets, showcasing this incremental demand. Diversified sourcing and ports of entry will drive the need for duplicative facilities.

When resources are limited, populations exhibit logistic growth. In logistic growth, population expansion decreases as resources become scarce, leveling off when the carrying capacity of the environment is reached, resulting in an S-shaped curve.

As per a recent report, the Indian logistics industry logistics market is estimated to grow at 8.8 percent annually to USD 484.43 billion by 2029 from USD 317.26 billion in 2024 due to technological advancement.

The logistics industry is booming with estimations surpassing $18 trillion by 2030. The latest global trade update from UNCTAD warns that persistent geopolitical tensions, surging shipping costs and substantial levels of debt could alter the course of global trade.

Note: All Occupations includes all occupations in the U.S. Economy. Employment of logisticians is projected to grow 19 percent from 2023 to 2033, much faster than the average for all occupations. About 26,100 openings for logisticians are projected each year, on average, over the decade.

Importance of Logistics

In business, success in logistics translates to increased efficiencies, lower costs, higher production rates, better inventory control, smarter use of warehouse space, increased customer and supplier satisfaction, and an improved customer experience.

The logistics industry is rapidly evolving in response to technological advancements, changing consumer expectations, and global economic shifts. As we look ahead, several key trends are poised to shape the future of logistics, revolutionizing the way goods are transported, warehoused, and delivered.

What is the highest paying job in logistics? ›

As of Sep 10, 2024, the average annual pay for the Logistics jobs category in California is $69,732 a year. Just in case you need a simple salary calculator, that works out to be approximately $33.53 an hour. This is the equivalent of $1,341/week or $5,811/month.

Logistics demand forecasting is the process of estimating future demand for products or services within the logistics sector. It involves the use of statistical tools and analytics to predict future trends based on historical data, current market conditions, and potential future events.

Almost two thirds of our member respondents (65%) said that working in supply chain management / logistics is either “Stressful” (50%) or “Very Stressful” (15%); the remaining 35% said it was “Moderately” stressful.

Advancement Opportunities

Arguably the main highlight of the logistics industry is the number of career advancement and learning opportunities. If management isn't your cup of tea, no worries! A multitude of jobs is available at all professional levels.

Logistics Market Size & Trends

The market is growing due to the rapid expansion of online retail, driving demand for efficient services in last-mile delivery and warehousing, as well as increasing customer expectations for faster deliveries.

Being a supply chain logistician puts you in proximity to many different people. You'll have abundant opportunities to practice building relationships, honing your communication styles, and investing in productivity habits.