Global E-commerce Logistics Market Report Examines Latest Trends and Key Drivers Supporting Growth through 2024

In order to study the various trends and patterns prevailing in the overall market for E-commerce Logistics, Market Research Reports Search Engine (MRRSE) has included a new report titled “E-commerce Logistics Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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The global market for e-commerce logistics acted as a playground for DHL International GmbH and FedEx Corporation in 2015, who jointly accounted for over 50% of the overall business across the globe. The other two prominent players in the global e-commerce logistics market are United Parcel Service Inc. and XPO Logistics although their presence is not as far reaching as the first two mammoth companies. However, the companies operating in the global market are already upping their game with an expectation of explosive development of the e-commerce segment in China and India. The market space for e-commerce logistics is thus deemed to be extremely lucrative presently and is expected to help the growth of numerous new companies. While the big corporates are heavily investing last mile connectivity and drones to keep themselves ahead of their rivals, the smaller players are concentrating on different value added services such as innovative tracking of parcel and route optimization. These new trends are expected make the global e-commerce logistics market an attractive business space fuelled with innovation.

The global e-commerce market is expected to cross the market valuation worth US$781 bn over the course of the given forecast period of 2016 to 2024. This huge growth is expected to be achieved with the help of a sturdy CAGR of 20.6% over the same period of forecast. In terms of types of service, the transportation segment has been dominating the overall market since 2015 and is expected to continue to do so. From a geographical standpoint, North America led the global e-commerce logistics market in 2015 with valuation of US$48.32 bn and is expected to continue its domination owing to impressive digital infrastructure and strong B2C sales. Asia Pacific market is projected to show most promising growth over the given forecast period with a strong CAGR of 22.4%.

Innovative Methods of Delivery to Drive Growth of Global Market

The rise of the modern day B2C e-commerce business model has enforces the players in the market to alter and re-alter their business models many times in the last few years. New and innovative technologies are considered to be one the key driving factors for the overall growth of the global e-commerce logistics market. Drone delivery is expected to attract maximum attention over the course of the forecast period. In addition to this, e-commerce startups in countries such as Brazil, India, and Mexico have blossomed over the last few years. This is also expected to drive the overall growth of the global market.

Loopholes in Reverse Logistics Services to Slow down Market Growth of E-commerce Logistics

In a market space that is as intensely competitive as the global e-commerce logistics, the players are force to provide various value added services such as free delivery of products and reverse logistics. Even though majority of the players in the global e-commerce logistics market have put up a minimum amount for purchasing products before availing the option of free delivery, there are several loopholes in the arrangement. One of the most common trick used by customer while shopping online is ordering products up to the minimum amount mark and then returning the unwanted products after delivery. This puts pressure on the chain of reverse logistics and hikes up the expenses incurred by the companies in the e-commerce logistics market.

Moreover, in emerging countries, there are numerous infrastructural challenges which restrict the service of last-mile connectivity offered by the players in the market. All these factors are thus expected to slow down the overall growth of the global e-commerce logistics market over the coming years of forecast.

This research study on the global e-commerce logistics market provides a detailed analysis of the various types of services in the market. Based on the service type, the e-commerce logistics market is segmented into the warehousing, transportation, and others. The warehousing segment is further segmented on the basis of types into mega centers, hubs/delivery centers, and returns processing centers, whereas the transportation segment is further segmented into air/express delivery, freight/rail, trucking/over road, and maritime. The others segment includes services such as packaging and promotional services. On the basis of operational area, the market is segmented into domestic and international (cross border) e-commerce logistics services.

On the basis of country, North America region is segmented into the U.S. and Canada. Similarly, Europe has been further segmented into the U.K., Germany, France, Italy, Spain and Rest of Europe. Asia Pacific has been segmented into China, India, Australia, Japan and Rest of Asia Pacific; whereas, MEA is divided into the UAE, Saudi Arabia, South Africa and Rest of MEA. Latin America has been further categorized into Brazil and Rest of Latin America. The revenue estimates for these countries is also included in the report.

FedEx Corporation, DHL International GmbH, Gati Limited, Aramex International, Kenco Group, Inc., Clipper Logistics Plc., XPO Logistics, Inc., Agility Public Warehousing Company K.S.C.P., United Parcel Service, Inc., and Ceva Holdings LLC. are some of the key service providers within the global e-commerce logistics market profiled in the study. The report also highlights the competitive landscape of the e-commerce logistics market, positioning all the major players according to their geographic presence, key recent developments, historical roadmap and comparison their revenue of 2014 and 2015.

Complete Report is now available at @ https://www.mrrse.com/e-commerce-logistics-market

The global e-commerce logistics market has been segmented as follows:

E-commerce Logistics Market, by Service Type

Warehousing
Mega Centers
Hubs/Delivery Centers
Returns Processing Centers
Transportation
Air/Express Delivery
Freight/Rail
Trucking/Over Road
Maritime
Others

E-commerce Logistics Market, by Operational Area

Domestic
International (Cross Border)

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This release was published on openPR.