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E-Commerce Logistics Market Trends 2023, Global Industry Growth, Demand, Share, Size, and Opportunity by 2028
How Big is the E-Commerce Logistics Market ? :IMARC Group's latest research report, titled "E-Commerce Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," offers a comprehensive analysis of the industry, which comprises insights on the E-commerce logistics market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market. the global E-commerce logistics market size reached US$ 375.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 923.4 Billion by 2028, exhibiting a growth rate (CAGR) of 15.1% during 2023-2028.
What are E-Commerce Logistics ? :
E-commerce logistics refers to the procedure of managing and fulfilling online orders from inventory and storage management to order packaging, processing, shipping, and delivery. It is a vital component of the e-commerce supply chain, which involves the movement of goods from the point of origin to the point of consumption. Effective e-commerce logistics include numerous procedures to ensure that orders are shipped accurately, quickly, and economically.
This involves managing warehouses and distribution centers, selecting shipping carriers and delivery methods, and optimizing inventory levels so that they meet customer expectations. In recent years, e-commerce logistics have gained traction as effective and efficient logistics help businesses to compete effectively in the market, improve business growth, offer valuable insights and scalability, and drive growth and profitability.
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Who are the key Players Operating in the Industry ? :
• Agility Public Warehousing Company K.S.C.P.
• Amazon.com Inc.
• C.H. Robinson Worldwide Inc.
• CEVA Logistics (CMA CGM S.A.)
• DHL (Deutsche Post AG)
• Fedex Corporation
• Gati Limited
• Kenco Group
• Kuehne + Nagel International AG
• Rhenus Group (Rethmann Se & Co. Kg)
• SF Express Co. Ltd. (Shenzhen Mingde Holding Development Co. Ltd.)
• Xpo Logistics Inc.
What are the Growth Prospects and Trends in the E-Commerce Logistics Industry ? :
One of the primary factors driving the market is the increasing adoption of printed electronics technology to minimize e-commerce costs. Additionally, the rising adoption of blockchain technology in e-commerce logistics to allow consumers to obtain reliable tracking information is creating a positive market outlook. Other than this, the exponential growth in the e-commerce industry is positively influencing the market growth.
Besides this, constant growth in digital technology is increasing performance and impacting the e-commerce logistics market. In line with this, the increasing number of e-commerce websites offering door-to-door delivery services, along with the availability of low-cost cargo, is impelling the market growth. Moreover, increasing internet usage, growing cross-border e-commerce and the integration of transportation management software (TMS) in e-commerce logistics are some of the other growth-inducing factors.
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What is Included in Market Segmentation ? :
Breakup by Product:
• Baby Products
• Personal Care Products
• Books
• Home Furnishing Products
• Apparel Products
• Electronics Products
• Automotive Products
• Others
Breakup by Service Type:
• Transportation
• Warehousing
Breakup by Operational Area:
• International
• Domestic
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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