Impact of COVID-19 Outbreak on Reverse Logistics Market Grow with a CAGR 2020-2025 Focuses On Top Companies Robinson, DB Schenker, Delcart, Deliveryontime Logistics Pvt. Ltd., FedEx Corporation, Kintetsu World Express, Reverse Logistics Company, The Deuts
Based on return type, the commercial return segment dominated the global reverse logistics market in 2017, in terms of revenue. In addition, based on end user, the others segment is expected to lead the market throughout the forecast period. At present, Asia-Pacific is the highest revenue contributor, and is expected to garner the highest revenue in the global market during the forecast period, followed by North America, Europe, and LAMEA.
The global reverse logistics market generated $415.2 billion in 2017 and is expected to reach $603.90 billion by 2025, growing at a CAGR of 4.6% from 2017 to 2025. The research offers a detailed analysis of changing market dynamics, key investment pockets, major segments, and market competition.
Get detailed COVID-19 impact analysis on the reverse logistics: https://www.alliedmarketresearch.com/request-for-customization/5191?reqfor=covid
Although the market size of the market is studied and predicted from 2019 to 2025 mulling over 2018 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.The Objective of the "Global Reverse Logistics Market" report is to depict the trends and upcoming for the Reverse Logistics industry over the forecast years.
Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.
Expansion of the e-commerce industry, stringent government rules in the automotive industry increasing product recall, and increased need for reverse logistics in the pharmaceutical industry drive the growth of the reverse logistics market. However, uncertainty in the reverse logistics process and an increase in quality control restrain the growth of the market.
Conversely, the introduction of block-chain technology and rising need for reverse logistics due to increasing e-waste create new opportunities for growth of the market.
Strict government rules in the automotive industry regarding increasing product recall, expansion of the e-commerce industry, and rise in need for reverse logistics in the pharmaceutical industry have boosted the growth of the global reverse logistics market. However, the surge in quality control and uncertainty in the reverse logistics process hamper the market growth.
Inquire for 25 % discount on this report @ https://www.alliedmarketresearch.com/purchase-enquiry/5191
On the contrary, the introduction of blockchain technology and increasing need for reverse logistics owing to rise in e-waste are expected to create lucrative opportunities in the coming years.
The global reverse logistics market is divided on the basis of the return type, end-user, and geography. Based on return type, the market is segmented into recalls, commercial returns, repairable returns, end-of-use returns, and end-of-life returns.
The commercial returns segment held the largest share in 2017, contributing about one-third of the total market and is estimated to maintain its dominance through 2025. However, the end-of-life returns segment is expected to grow at the fastest CAGR of 7.0% through 2025.
Commercial returns to be dominant, end-of-life returns to grow the fastest
Among return types, the commercial returns segment grabbed more than one-third of the market share in 2017 and would maintain its revenue lead through 2025. Commercial returns allow the supplier to rectify the mistake such as wrong product delivered, damaged product, and others, and enables a company to increase its revenue by implementing effective reverse logistics process.
Download Sample Report: www.alliedmarketresearch.com/request-sample/5191
However, the end-of-life returns segment would grow at the highest CAGR of 7.0% from 2018 to 2025.Asia-Pacific to be dominant, LAMEA to exhibit the fastest growth
The market in Asia-Pacific captured more than one-third of the market share in 2017 and is likely to dominate the market through 2025. This is because a majority of the logistics companies have started offering specialized reverse logistics services in this region.
However, LAMEA (Latin America, the Middle East, and Africa) is expected to register the fastest CAGR of 6% from 2018 to 2025. The other regions analyzed in the report include North America and Europe.
Key players of the industry
* C.H. Robinson
* DB Schenker
* Delivery-on-time Logistics Pvt. Ltd.
* FedEx Corporation
* Kintetsu World Express
* Reverse Logistics Company
* The Deutsche Post AG
* United Parcel Service
* Yusen Logistics Co. Ltd.
Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/5191
Driving factors for the market
1 Expansion of E-commerce industry.
2 Stringent government rules in automotive industry increasing product recall
3 Increasing need of reverse logistics in pharmaceutical industry
Market Restraints and Opportunities:
1 Uncertainty in reverse logistics process.
2 Increase in Quality control.
3 Introduction of Block-chain technology.
4 Rising need of reverse logistics due to increasing e-waste.
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Impact of COVID-19 Outbreak on Reverse Logistics Market Grow with a CAGR 2020-2025 Focuses On Top Companies Robinson, DB Schenker, Delcart, Deliveryontime Logistics Pvt. Ltd., FedEx Corporation, Kintetsu World Express, Reverse Logistics Company, The Deuts here
News-ID: 2066006 • Views: 908
More Releases from Allied Market Research
Sugar Free Carbonated Drinks Market 2021 Dynamics Analysis, Size Witness Growth …
According to a new report published by Allied Market Research, titled, "Sugar Free Carbonated Drinks Market By Type, Flavor, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030," the global sugar free carbonated drinks market size is expected to reach $243.5 billion by 2030 at a CAGR of 7.3% from 2021 to 2030. Access The Complete Report Here: https://www.alliedmarketresearch.com/sugar-free-carbonated-drinks-market-A13624 Sugar free carbonated drinks are low calorie or no calorie carbon infused
Functional Beverages Market Sales Revenue Analysis, Top Manufacturers Performanc …
According to a new report published by Allied Market Research, titled, "Functional Beverages Market by Type, Distribution channel and End user: Global Opportunity Analysis and Industry Forecast, 2021-2030," The functional beverages market share is expected to reach $200,080.3 million by 2030, registering a CAGR of 5.9% from 2021 to 2030. Access The Complete Report Here: https://www.alliedmarketresearch.com/functional-beverages-market-A13087 Functional beverages are nonalcoholic drinks which provides physical and mental health benefits and promote the state
Crowd Management & Event Security Market - Insights, Opportunities and Forecasts …
Rise in the demand for crowd evaluation to enhance safety & security and investments in crowd security technology by various government institutes are the major factors that drive the growth of the market. In addition, an increase in the investments in crowd management and event security analytics tools and solutions fuel the global crowd management & event security market growth. However, high initial upfront costs and lack of IT infrastructure
Fabric-Based Computing Market Size Estimated to Observe Significant Growth by 20 …
Increase in the usage of big data analytics and growth in the adoption of cloud-based systems are the major factors that drive the global fabric-based computing market growth. In addition, features that fuel the growth of the market include general-purpose vertically integrated stacks, virtualization, convergence, component commoditization, and automation. Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/6018 However, high cost associated with infrastructure and complexity issues hamper the growth of the global market. Furthermore,
More Releases for Logistics
Healthcare Cold Chain Logistics Market 2020 Business Scenario - AmeriCold Logist …
The Global Healthcare Cold Chain Logistics Market will increase at a compound annual growth rate of 10.09% (approx.) between 2020 and 2026. The Healthcare Cold Chain Logistics Market report is a collection of pragmatic information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments.
Third-Party Logistics Market: Leading Players – XPO Logistics , Yusen Logistic …
Third-Party Logistics Market report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe. The Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments. Download Sample PDF copy of this report https://supplydemandmarketresearch.com/home/contact/272389?ref=Sample-and-Brochure&toccode=SDMRSE272389&utm_source=s. The study objectives of this report are: To analyze global Third-Party Logistics status, future forecast,
Asia Logistics Market Leading Vendors by COSCO Logistics, KYE Logistics, KAILUAN …
world economic growth, the Logistics industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Logistics market size to maintain the average annual growth rate of 2.08% from 375 Billion USD in 2014 to 407 Billion USD in 2017, BisReport analysts believe that in the next few years, Logistics market size will be further expanded, we expect that by 2022, The market
Industrial Logistics Robots Industry
Industrial Logistics Robots Market 2018 report focuses on the major drivers and restraints for the global key players. It also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The report spread across 139 pages with tables and figures in it. Sample Report Download HERE at https://www.researchreportsinc.com/sample-request?id=207718 For competitor segment, the report includes global key players of Industrial Logistics Robots as well as some small players.
Contract Logistics Market is Booming | Sankyu, Allcargo Logistics, CEVA Logistic …
HTF MI recently introduced Contract Logistics Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are CJ Korea Express, Deutsche Post DHL, Hitachi Transport System, Mitsubishi Logistics, Sankyu,
Global Logistics Market Information Report: By Transportation Type (Airways, Waterways, Railways, Roadways), Logistic Type (First Party, Second Party, Third Party) End User (Industrial and Manufacturing, Retail, Healthcare, Oil & Gas) - Forecast 2023 Market Highlights Logistics is a supply chain management part with a detailed organization and implementation of a complex operation. It includes the movement of goods and information between the provider and the receiver. Moreover, logistics is the management of