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The retail oil and gas logistics market has shown strong growth, with its size rising from $1.04 billion in 2023 to $1.11 billion in 2024, reflecting a compound annual growth rate (CAGR) of 6.8%. This growth is attributed to increased oil and gas exploration and production activities, more automobiles on the roads, rising demand for energy products like gasoline, diesel, and liquefied petroleum gas (LPG), the adoption of electric vehicles (EVs), and increased urbanization and industrialization. The market is expected to continue growing strongly, reaching $1.46 billion by 2028 at a CAGR of 7.1%. This growth is driven by the rising demand for contract logistics services, a shift from over-the-road to intermodal transportation, increasing need for efficient retail oil and gas logistics services, demand for energy products, and rising investments in infrastructure development. Major trends in the forecast period include technological advancements, a focus on sustainability and eco-friendly products, integration of online and offline channels, telematics technology incorporating GPS, cellular communication, and onboard sensors, and the adoption of AI, IoT, and data analytics.

The growing demand for oil and natural gas is expected to propel the growth of the retail oil and gas logistics market. Oil and natural gas are essential energy sources extracted through drilling. Demand for these resources is driven by economic growth, weather patterns, and inventory management. Retail oil and gas logistics manage the transport and distribution of these resources efficiently. For instance, BDO LLP reported in October 2023 that UK oil production reached 38.2 million tonnes in 2022, a 16.4% increase from 2021. Therefore, the growing demand for oil and natural gas is driving the retail oil and gas logistics market.

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What Are The Key Trends That Influence Retail Oil And Gas Logistics Market Share Analysis?

Major companies operating in the retail oil and gas logistics market are making significant investments to enhance their logistics operations and sustainability initiatives. The investment aims to reduce carbon emissions and support commitment to sustainable logistics solutions. For instance, in November 2023, Deutsche Post AG, a Germany-based supply chain management company, plans to invest over $218.61 million (€200 million) to decarbonize its global logistics operations and transition to clean fuels. This investment is part of the company’s broader sustainability strategy to reduce greenhouse gas emissions and achieve net-zero emissions by 2050. The investment will be utilized to expand the use of alternative fuels, implement energy efficiency measures, develop sustainable logistics solutions for customers, and support research and development efforts. The funding will be directed toward developing and deploying clean fuel technologies, enhancing the environmental performance of its logistics services.

Which Market Players Are Driving Growth In The Retail Oil And Gas Logistics Market?

Major companies operating in the retail oil and gas logistics market are DHL Group, CMA CGM Group, Gulf Agency Company Limited, Deutsche Bahn AG, Kuehne + Nagel Management AG, C.H. Robinson Worldwide Inc., Bollore SE, Expeditors International, GEODIS, Agility Public Warehousing Company K.S.C.P, PSA International Pte Ltd., Noatum HOLDINGS S.L.U., Panalpina World Transport, ASCO Group Limited, UPS Supply Chain Solutions, Yusen Logistics Co. Ltd., Halcon Primo Logistics Pte Ltd., Tudor International Freight Ltd., Riada Shipping and Logistics, Reliance Logistics Group Inc., ACI Cargo, Berrio Logistics Pvt. Ltd.

How Is The Global Retail Oil And Gas Logistics Market Segmented?

1) By Type: Upstream; Midstream; Downstream
2) By Operator: Private; Public
3) By License Type: Company Owned Company Operated; Company Owned Dealer Operated; Dealer Owned Dealer Operated
4) By Transportation Type: Railroad Transportation; Tanker Trucks Transportation
5) By Application: Offshore; Onshore

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The Retail Oil And Gas Logistics Global Market Report 2024 provides an overview of the retail oil and gas logisticsmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The retail oil and gas logistics market forecast analyzes retail oil and gas logistics market size, retail oil and gas logistics market share, leading competitor and their market positions.

The Table Of Content For The Retail Oil And Gas Logistics Market Include

1. Retail Oil And Gas Logistics Market Executive Summary
2. Retail Oil And Gas Logistics Market Segments
3. Retail Oil And Gas Logistics Market Size And Template Market Growth Rate
4.  Key Retail Oil And Gas Logistics Market Trends
5. Major Retail Oil And Gas Logistics Market Drivers
……
25. Key Mergers And Acquisitions In The Retail Oil And Gas Logistics Market
26. Top Retail Oil And Gas Logistics Companies
27. Retail Oil And Gas Logistics Market Opportunities And Strategies
28. Retail Oil And Gas Logistics Market, Conclusions And Recommendations
29. Appendix

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