Blockchain In Logistics Global Market Report 2025

The blockchain in logistics market size has grown exponentially in recent years. It will grow from$14.94 billion in 2024 to $22.72 billion in 2025 at a compound annual growth rate (CAGR) of 52.1%. The growth during the historic period can be attributed to the increasing implementation of IoT and blockchain technologies, a growing need for transparency and traceability, enhanced supply chain efficiency through automation, rising investment in blockchain solutions, and the expansion of e-commerce.

The blockchain in logistics market size is expected to see exponential growth in the next few years. It will grow to$120.6 billion in 2029 at a compound annual growth rate (CAGR) of 51.8%. The growth in the forecast period can be attributed to rising living standards and disposable income, a growing shift towards digital platforms, increasing demand for transparency and traceability, and the rising adoption of smart contracts. Key trends during this period include smart contract automation, collaborative platforms, the use of blockchain in ocean freight, integration of AI and IoT technologies, and increased adoption of private blockchain networks.

The rising demand for transparency and traceability is expected to boost the growth of the blockchain in logistics market moving forward. Transparency and traceability refer to the ability to monitor and openly share the flow of data, actions, or processes within a system or organization. This growing demand stems from the need for regulatory compliance to ensure businesses follow laws and standards, thereby minimizing legal risks and avoiding penalties. Blockchain technology in logistics enhances transparency and traceability by creating a secure, tamper-resistant digital ledger where every transaction or movement of goods is recorded in real time, allowing all stakeholders access to accurate and immutable data throughout the supply chain. For example, in April 2024, a report from the International Center for Trade Transparency and Monitoring, a UK-based organization dedicated to improving transparency and traceability in global trade, indicated a 12 percent increase, with 55 percent of businesses now seeking deeper insights into their supply chains compared to earlier in the year. Therefore, the increasing demand for transparency and traceability is propelling the growth of the blockchain in logistics market.

Leading companies in the blockchain in logistics market are adopting technologically advanced solutions like blockchain-based tracking platforms to improve supply chain transparency, enable real-time tracking, and reduce fraud. A blockchain-based tracking platform uses blockchain technology to securely record, store, and verify the movement of goods across the supply chain in a transparent and immutable way. For instance, in November 2022, Mitsubishi Logistics Inc., a Japan-based logistics firm, launched ML Chain, a blockchain-based tracking platform designed to improve the safety, transparency, and quality control of pharmaceutical shipments. The platform offers real-time monitoring of shipments, including temperature data, while ensuring tamper-proof records through distributed ledger technology. Currently employed by companies such as Takeda Pharmaceutical, ML Chain supports compliance with Good Distribution Practice (GDP) standards and assists in verifying subcontractor qualifications via smart contracts.

In November 2022, AD Ports Group, a UAE-based integrated logistics provider, acquired Noatum Logistics S.L. for $751 million. This acquisition aims to significantly strengthen AD Ports’ global presence by integrating Noatum’s extensive logistics, port, and maritime service network across more than 30 countries, positioning the company as a leading provider of end-to-end supply chain and logistics solutions internationally. Noatum Logistics S.L., based in Spain, utilizes blockchain technology to enhance the efficiency and transparency of its operations.

Major players in the blockchain in logistics market are Microsoft Corporation, Alibaba Group Holding Limited, Huawei Technologies Co Ltd, DHL Group, FedEx Corporation, Amazon Web Services Inc., International Business Machines Corporation, A P Møller - Mærsk A S, Intel Corporation, Oracle Corporation, Kuehne + Nagel, SAP SE, C.H. Robinson, Ripple Labs Inc., The Bitfury Group Limited, Waltonchain Technology Co Ltd, Ambrosus Technologies GmbH, Modum io AG, ShipChain Inc., Everledger Limited, OriginTrail doo, and CargoCoin Ltd.

North America was the largest region in the blockchain in logistics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in blockchain in logistics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the blockchain in logistics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Blockchain in logistics refers to the use of decentralized ledger technology to establish a secure and transparent system for recording and sharing data throughout the entire supply chain. This technology enhances efficiency by enabling real-time tracking of goods, verifying product authenticity, reducing paperwork, and minimizing fraud. Additionally, it automates processes through smart contracts, resulting in more streamlined operations.

The main types of blockchain products used in logistics include public blockchains, private blockchains, and others. Public blockchains are decentralized networks where anyone can participate, read, and write data without needing permission from a central authority. These blockchains can be deployed both on-premises and in the cloud, and are suitable for organizations of various sizes, including large enterprises and small and medium-sized enterprises (SMEs). Applications include supply chain management, inventory management, shipment tracking, smart contracts, and cross-border payment solutions. Key end users span industries such as retail and manufacturing, healthcare, food and beverage, automotive, oil and gas, and more.

The blockchain in logistics market research report is one of a series of new reports that provides blockchain in logistics market statistics, including blockchain in logistics industry global market size, regional shares, competitors with a blockchain in logistics market share, detailed blockchain in logistics market segments, market trends and opportunities, and any further data you may need to thrive in the blockchain in logistics industry. This blockchain in logistics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The blockchain in logistics market includes revenues earned by entities by providing services such as enhanced real-time tracking and traceability, smart contract automation, immutable recordkeeping, supply chain transparency, and cold chain monitoring. The market value includes the value of related goods sold by the service provider or included within the service offering. The blockchain in logistics market also includes sales of supply chain visibility solutions, smart contracts, inventory management systems, anti-counterfeit systems, and decentralized warehousing solutions. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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