Reverse Logistics Market COVID-19 Impact, Analysis, Status and Leading Global Companies 2021-2027
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.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5191
Reverse Logistics Market report data has been gathered from industry specialists/experts. 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.
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.
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.
Download Sample Report: www.alliedmarketresearch.com/request-sample/5191
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.
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 Reverse Logistics Market COVID-19 Impact, Analysis, Status and Leading Global Companies 2021-2027 here
News-ID: 2271589 • Views: 262
More Releases from Allied Market Research
Protective Clothing Market Developments, Top Trends and Future Scope with Upcomi …
According to the report published by Allied Market Research, the global protective clothing market generated $8.7 billion in 2019, and is estimated to reach $12.0 billion by 2027, registering a CAGR of 6.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Rise in concerns associated with safety of workers across various sectors such as construction
Industrial Rubber Market with Future Growth Prospects by 2027 | Sinopec Corporat …
According to the report published Allied Market Research, the global industrial rubber market generated $31.3 billion in 2019, and is estimated to generate $44.6 billion by 2026, growing at a CAGR of 5.2% from 2019 to 2026. The research offers a detailed analysis of changing market dynamics, top winning strategies, key segments, Porter’s Five Forces analysis, and competitive landscape. Surge in demand from the automotive industry and rise in construction activities
Hydroxyapatite Market Expansion, Business Guideline, Competitive Analysis and Ri …
According to the report published by Allied Market Research, the global hydroxyapatite market generated $2.46 billion in 2019, and is estimated to reach $3.65 billion by 2027, registering a CAGR of 5.1% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Growing demand for bone grafting materials and bone transplants and surge in demand for orthopedic
Electrochromic Glass Market Report: Extensive Growth, Rising Demand and Strategi …
Surge in construction application of electrochromic glass coupled with government incentives for installing energy-saving solutions drives the growth of the global electrochromic glass market. However, high price of electrochromic glass hinders the market. On the contrary, increase in demand from end-use industries would open new opportunities for the market players in the coming years. As per the report published by Allied Market Research, the global electrochromic glass market garnered $1.40
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
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 Cold Chain Logistics Market Forecast 2018-2025 Americold Logistics, Linea …
According to a new Market research report by Globeinfo Research, there is an intense competition among the major leading players operating in the global Cold Chain Logistics market, including Americold Logistics, Lineage Logistics, VersaCold Logistics Services, AGRO Merchants Group and United States Cold Storage. It analyses the important factors of the Cold Chain Logistics market based on present industry situations, Cold Chain Logistics market demands, business strategies utilized by Cold
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