Global Ecommerce Logistics market is growing at a CAGR in double digit in 2017-2022 and is expected to reach ~950 USD Bn by 2027 - Ken Research

What is the Size of Global Ecommerce Logistics Industry?

The Global Ecommerce Logistics Market is largely driven by the fast-growing E-commerce ecosystem, aggressive investment in modernizing the infrastructure and the influx of investments from different companies and governments.

 The growth of the ecommerce logistics market can be attributed to several factors. Firstly, the rising adoption of ecommerce platforms by consumers across the world has led to increase in demand for fast and reliable delivery services. With the rise of online marketplace like amazon, Alibaba and eBay, consumers expect to receive their orders quickly and without any delays.

Secondly, advancement in technology have enabled ecommerce logistics providers to improve their operations and offer more efficient services. Innovation such as autonomous vehicles, drones and robotics have the potential to revolutionize the logistics industry and reduce delivery times and cost.

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Furthermore, Covid-19 pandemics has accelerated the growth of the ecommerce logistics market, as consumers have shifted to online shopping to avoid any physical stores and minimize the risk of infections.

This trend is expected to continue even after the pandemic as many consumers haven become accustomed to the convince of online shopping and are likely to continue using ecommerce platform in the future.

Global Ecommerce Logistics Market by type of Shipment

The Global Ecommerce Logistics market is segmented by type of shipment into Domestic and international shipments. In terms of market share, Domestic shipment account for the majority of the market share in global ecommerce logistics market in 2022.
However international Shipment are also played an significant role in global ecommerce logistics market, with the growing number of consumers and businesses engaging in the cross-border ecommerce transactions.

Global Ecommerce Logistics Market by time Duration

The Global Ecommerce Logistics Market is segmented by Time Duration into Same Day, 2-4 days and more than 4 days.

The 2-4 days segment accounted for the highest market share in 2022. This is due to the increasing demand for fast and reliable delivery services.

Same day delivery is also an emerging category and is expected to dominate the market share in the global ecommerce logistics market.

Global Ecommerce Logistics Market by Mode of transport

The Global Ecommerce Logistics market is segmented by Mode of Transport into Ground and Air & Sea.

Ground dominates the global ecommerce logistics market in 2022. Followed by air & sea. It is expected that air & sea segments market share will grow but the market still be dominated by ground mode of transport in the future.

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Global Ecommerce Logistics Market by Payment Method

The Global Ecommerce Logistics market is segmented by Payment method into Cash on Delivery and Online Payment.

Online payment method dominated the Global Ecommerce logistics market in 2022 and is expected to dominate in the future because of the growing digitalization.

Global Ecommerce Logistics Market by Orders

The Global Ecommerce Logistics market is segmented by order into Accepted orders and rejected orders. Accepted order dominates the market in 2022, however rejected orders are also increasing which is a major concern for the industry.

For more insights on the market intelligence, refer to the link below:-

https://www.kenresearch.com/industry-reports/global-e-commerce-logistic-market

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This release was published on openPR.