North America Reverse Logistics Market CAGR of 5.2% in the forecast period of 2021 to 2029., Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

North America reverse logistics market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.2% in the forecast period of 2022 to 2029 and is expected to reach USD 256,418.09 million by 2029. Increased adoption of smartphones and online shopping is expected to drive the market's growth.

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Market Overview:
North America reverse logistics market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief. Our team will help you create a revenue impact solution to achieve your desired goal.

Some of the major players operating in the reverse logistics market are FedEx, United Parcel Service of America, Inc., Deutsche Post DHL Group, C.H. Robinson Worldwide, Inc., XPO Logistics, Inc, Kintetsu World Express, Inc., IBM Corporation, Indev Group of companies, LogiNext Solutions Inc, NFI Industries, Optoro, Inc., Reverse Logistics Group, ReverseLogix, Schenker AG, ShipWizard, Woodfield Distribution, LLC, YUSEN LOGISTICS CO., LTD., among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

North America Reverse Logistics Market Scope and Market Size
North America reverse logistics market is segmented on the basis of the return type, components, service type, and end-user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of the return type, the North America reverse logistics market is segmented into returns, returns avoidance, remanufacturing, refurbishing, packaging, unsold goods, end-of-life, delivery failure, rentals & leasing, repairs & maintenance, and others. In 2022, the returns segment is expected to hold a larger share in the reverse logistics market as a return is the initial and crucial step of reverse logistics. Moreover, returns in reverse logistics improve customer service as well as help to boost profits by repurposing products that are returned which are contributing to the growth of the segment in the market.

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