China E-Commerce Logistics Market estimated to grow significantly at a CAGR of around 15.2% by 2025 | Gati Ltd., SEKO Logistics, SF Express, Rakuten Inc.
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The companies which are contributing to the growth of China's e-commerce logistics market include Gati Ltd., SEKO Logistics, SF Express, Rakuten Inc., JD.com, and Delhivery Pvt. Ltd.
Moreover, the increasing urban population in Asia-Pacific countries is one of the essential factors encouraging the demand for Asia-Pacific e-commerce logistics market for personal care products. For instance, according to the World Bank, in 2017, the urban population in China was 58%, whereas, in 1960, it was 16.20%. The urban consumer spending on personal care products is significant due to the rising standard of living.
China E-Commerce Logistics Market Segmentation
China E-Commerce Logistics Market by Services
• Transportation Services
• Warehousing Services
• Other E-Commerce Logistics Services (Processing and Packaging)
China E-Commerce Logistics Market by Products
• Baby Products
• Personal Care Products
• Home Furnishing Products
• Apparel Products
• Electronics Products
• Automotive Products
• Others (Grocery, Pharmaceuticals and Nutritional Products)
China E-Commerce Logistics Market by Location
Moreover, the consumers are estimated to shift towards e-commerce websites for buying personal care products as this enables the delivery of branded personal care at their homes. Due to this, the e-commerce companies provide the contract to logistics firms to safely deliver the products. Hence, the increasing urban population is expected to drive the growth of the market.
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