Press release
E-commerce Logistics Market is Projected to Reach USD 1,526.40 billion
The global e-commerce logistics market size is anticipated to reach USD 1,526.40 billion by 2030, according to the new report by Global Market Vision. The market is expected to witness a CAGR of 22.1% from 2023 to 2030. E-commerce logistics refers to various processes such as warehousing, transportation, inventory management, labeling and packaging, invoicing, shipping, etc. Due to the continuing growth in demand for e-commerce services, there has been a subsequent rise in demand for e-commerce logistics.E-commerce sales have been expanding considerably, nearly doubling their share in global retail sales in the past five years. The market shares of e-commerce sales increased from 15.6% of total retail sales in 2017 to 31.8% of the total retail sales in 2020. Moreover, the retail market especially e-commerce retailing is getting highly competitive. Amazon and Walmart are the top e-commerce retailers. In 2020, Amazon surpassed Walmart to be the largest retailer in the U.S. Amazon's online sales represent 14.1% of the total online sales in the U.S.
Due to the pandemic and its subsequent outcomes such as social distancing, lockdowns, and closure of physical shopping outlets across the globe, consumers shifted to e-commerce for their daily needs. Most commonly bought products on e-commerce platforms are food, furnishings, appliances, apparel, and electronic gadgets. The e-commerce trade volume is continually expanding owing to the rise in the global per capita income and the convenience offered by the e-commerce platforms with home-delivery of the goods.
The adoption of technologies such as blockchain, bar code technology, Electronic Data Interchange (EDI), and Radio Frequency Identification Technology (RFID) in e-commerce logistics is improving the efficiency and reliability of e-commerce logistics operations. Technologies such as RFID, Global Positioning Systems (GPS), and Global Information Systems (GIS) have facilitated the tracking of shipments in real-time. This factor has contributed to the increased confidence in logistics service providers.
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The research encompasses a comprehensive analysis of key market components, encompassing drivers, challenges, opportunities, restrictions, risks, as well as micro and macroeconomic factors. The Report also explores industry trends, including market drivers and significant market trends. The study incorporates production and capacity analysis, considering marketing pricing trends, industry capacity, production, and production value. Furthermore, it investigates the market across primary geographies, market segments, and recent industry trends. The report includes a detailed SWOT analysis, Porter's Five Forces analysis, feasibility analysis, and investment return analysis, all aimed at aiding the reader in crafting effective corporate growth strategies. Strategic recommendations are also provided to assist established market players in enhancing their financial position within the industry.
Major Market Players Profiled in the Report include:
• FedEx Corporation
• DHL International GmbH
• Aramex International
• XPO Logistics Plc.
• United Parcel Service, Inc.
• Gati Limited
• Kenco Group, Inc.
• Clipper Logistics Plc.
• Agility Public Warehousing Company K.S.C.P.
• CEVA Logistics
Global E-commerce Logistics Market Segmentation:
The global market is segmented on the basis of type, application and region. Growth between market segments can help the user/investor analyze niche market growth points, go-to market strategies, and differentiate between core application areas and target markets.
E-commerce Logistics Service Type Outlook
• Transportation
o Airways
o Railways
o Roadways
o Waterways
• Warehousing
o Mega Centers
o Hubs/Delivery Centers
o Returns Processing Centers
o Others
E-commerce Logistics Type Outlook
• Forward Logistics
• Reverse Logistics
E-commerce Logistics Model Outlook
• 3PL
• 4PL
• Others
E-commerce Logistics Operation Outlook
• Domestic
• International
E-commerce Logistics Vertical Outlook
• Apparels
• Consumer Electronics
• Automotive
• Healthcare
• Food and Beverage
• Others
Global E-commerce Logistics Market Segmentation:
Our market analysts are experts in deeply segmenting the global market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the market and plan powerful business tactics to secure a position of strength in the industry.
Frequently Asked Questions (FAQs) of E-commerce Logistics Market:
Q1. What is the total market value of E-commerce Logistics Market report?
Q2. Which are the top companies holding the market share in E-commerce Logistics Market?
Q3. Which are the largest regions for this Market?
Q4. What is the leading technology of E-commerce Logistics Market?
Q5. What are the major drivers for this specific Market?
Q6. What are the upcoming key trends in the E-commerce Logistics Market report?
Crucial pointer covered in the report:
E-commerce Logistics Understanding: This section of our report outlines pertinent topics that we have researched and the direction we see the industry heading. These include but aren't limited to segments discussed, company descriptions, and key statistics regarding customer growth. This section provides a detailed analysis of the present and future growth factors of the service, type, technology, vertical, and regions.
E-commerce Logistics Dynamics: This section provides a detailed analysis of the growth factors, restraining factors, and business opportunities. Additionally, the report provides a detailed COVID impact analysis affecting the growth, along with a pinpoint focus on industry policies, regulatory framework, and current issues impacting the growth at the national/international level.
E-commerce Logistics Regional Outlook: The country section is a breakdown by country of how the production and consumption rates correspond to each other.
E-commerce Logistics Competitor Landscape: This section provides a comprehensive analysis of the share and a deep-dive analysis of the top 10 players covered in the report.
Direct Purchase this Market Research Report Now @ https://globalmarketvision.com/checkout/?currency=USD&type=single_user_license&report_id=28140
Reasons to Buy the Report:
The report will help market leaders/new entrants in this market and provide information regarding the closest approximations of the revenue numbers for the overall E-commerce Logistics market and its subsegments. This report will help stakeholders to understand the competitive landscape, to gain more insights to better position their businesses, and to plan suitable go-to-market strategies. The report will also help the stakeholders to understand the pulse of the market and provide information on key market drivers, restraints, opportunities, and challenges.
If you have any special requirements, please let us know and we will offer you the report at a customized price.
The final report will add the analysis of the Impact of Covid-19 in this report E-commerce Logistics Market.
Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global E-commerce Logistics Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the E-commerce Logistics Market is analyzed and depicted in the report.
Read More- https://globalmarketvision.com/reports/global-e-commerce-logistics-market/28140
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Phone: +1 617 297 8902
Email: sales@globalmarketvision.com
Global Market Vision
Website: www.globalmarketvision.com
About Global Market Vision
Global Market Vision a legacy of exceptional knowledge, integrated into providing service offers a one-stop solution that surpasses core research processes & industry standards focusing on the client's competency, strategies, growth factors, and business intelligence by creating an algorithm for meaningful data insights and presentations through a unique blend of vast industry coverage, expertise in every domain, professional work ethics & values, data authenticity & privacy.
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