Press release
Reverse Logistics Market Outlook 2029: Presents Market Insights & Depth Analysis
The increased innovation and the development of automation technologies are some of the major factors driving the growth of the market. Some of the major automation technologies including artificial intelligence (AI), Internet-of-Things (IoT), automatic data capture, and traceability software are used in reverse logistics which further optimize the returns process and improve efficiency. For instance, in January 2022, Berkshire Grey, Inc. introduced artificial intelligence (AI)-enabled reverse logistics solutions designed to help retailers accelerate the resale of returned goods and improve labor utilization in the returns process. This solution helps decrease markdowns by speeding up returns processing to get goods back into inventory or moved to refurbishment up to 25% faster than manual processing. The solution also includes Berkshire Grey's robotic product sortation with identification (RPSI) and robotic shuttle put wall (RSPW) systems, both of which are specifically configured to efficiently process returns.
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Market Coverage
The market number available for - 2023-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Return Type
By End-User
By Service
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- CCR Logistics Systems AG, Deutsche Bahn AG, C.H. Robinson Worldwide, Inc., Deutsche Post DHL Group, and others.
Reverse Logistics Market Report Segment
By Return Type
Recalls
Commercial Returns
Repairable Returns
End-of-use Returns
End of life return
By End-User
E-Commerce
Retail
Automotive
Consumer Electronics
Pharmaceutical
Other (Luxury Goods)
By Service
Transportation
Warehousing
Reselling
Replacement Management
Refund Management Authorization
Others (Packaging, Refurbishment of Goods)
A full Report of Reverse Logistics Market is Available @ https://www.omrglobal.com/industry-reports/reverse-logistics-market
Reverse Logistics Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Bowman Logistics
CCR Logistics Systems AG
H. Robinson Worldwide Inc.
Core Logistic Pvt. Ltd.
DB Schenker (DB Group)
Deutsche Post AG
GEFCO
Happy Returns Inc.
Kintetsu World Express, Inc.
Optoro
PayPal Holdings, Inc.
RLG Systems AG
Safexpress Pvt. Ltd.
ShipBob, Inc.
ShipWizard
Yusen Logistics Co., Ltd.
Zipline Logistics
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/reverse-logistics-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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