Market Size of Logistics in Bangladesh

The logistics industry in Bangladesh has been growing steadily in recent years, driven by increasing demand for transportation and logistics services in the country. According to a report by the World Bank, the logistics industry in Bangladesh is estimated to be worth around $15 billion, and is expected to grow at a rate of 7-8% annually over the next few years. The sector is comprised of various sub-sectors, including transportation, warehousing, and freight forwarding, among others. The government of Bangladesh has also been investing in infrastructure development projects, such as the expansion of the country's ports and airports, to support the growth of the logistics industry. While the industry faces some challenges, such as inadequate infrastructure and a lack of skilled labor, there is significant potential for growth in the sector, particularly as e-commerce and other industries continue to expand in Bangladesh.