E-Commerce Logistics Market Forecast, 2020-2030

E-Commerce Logistics Market Statistics 2030
The global e-commerce logistics market was valued at USD 235.70 billion in 2020, and is projected to reach USD 1,901.97 billion by 2030, growing at a CAGR of 23.5% from 2021 to 2030.

Key drivers of the eCommerce logistics market include the booming eCommerce industry with the global prominence of C2C and B2C eCommerce company websites.

The rapid adoption of digital technology and transportation automation will fuel the growth of the eCommerce logistics market during the forecast period.

The expansion of cross-border activities and widespread penetration of the internet will drive the growth of the market in the coming years.

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E-Commerce Logistics Market Trends
Growing prevalence of the eCommerce industry

The global shopping trends have changed completely with people expecting faster goods delivery just at the click of a button. eCommerce C2C and B2C brands have proliferated giving a wide range of products to end-user customers. Consumers want lower shipping costs, faster fulfillment rates, and seamless return policies. This requires the need for lowering the cost of cargo stored in warehouses. E- fulfillment centers have sprung up that stock up on all essential merchandise and quickly pick and pack products based on individual order levels. Next, the parcel and sorting centers sort all the goods through country and zip code using automated solutions. They are then sent to last-mile distribution centers which are located nearby the delivery locations for reducing operational time and fuel costs. This ultimately decreases the shipping delivery charges. Drones have emerged in supply chain processes for inventory tracking and storage management. Autonomous ships provide automated product picking and quality inspections much faster. These factors will boost the growth of the eCommerce logistics market during the forecast period.

Transportation automation

The main modes of transportation for logistics include air, rail, truck, and maritime ships. The advent of software solutions and automation has accelerated the entire industry. Transport management systems are helping eCommerce companies move freight from origin to final destination more effectively. TMS solutions let you compare two carriers based on time of transit, shipping costs, and insurance limits. The advanced analytics tools provide detailed data on which carrier ships the product efficiently without wasting valuable time and money. It helps in reducing data entry solutions and shifts the focus of scarce resources to more core areas. Together with the warehouse management system, it provides greater visibility in the entire supply chain operation. Moreover, the software allows one to integrate all distribution points related to different locations into a single platform that can be managed by one person. With accurate forecasting inventory stock can be managed properly without the need for wastage or overallocation. Such factors will drive the growth of the eCommerce logistics market in the coming years.

Cross border eCommerce

Due to an increase in disposable income and rising standards of living people are shopping for products even outside their borders. The sale of foreign goods is on the rise. Internet penetration is spreading rapidly across the globe. Better logistics and availability of various payment options have made it easier for customers to shop for goods outside their country's borders. Moreover, reduced errors in delivery lead times and processing orders are leading to improved service quality. Higher productivity and efficiency mean better customer satisfaction and an increase in brand trust. Supplier and customer relationships are strengthened through these processes. This will fuel the growth of the eCommerce logistics market during the forecast period.

Complex regulatory issues

Restrictive legal problems are causing bottlenecks in the eCommerce logistics industry. Shipping errors like typing the wrong address, losing track of the package numbers, and miscalculation of weight and size of the product are recurring headaches faced by supply chain managers. Moreover, overestimation of merchandise storage in warehouses can take up additional space and shore up costs and under storing can delay the entire logistics operations. Free shipping entails looking into several factors like the actual value of products, total weight of items to be shipped, the destination, and average order amount. Such complicated operating frameworks are likely to deter the growth of the eCommerce logistics market in the forthcoming period.

E-Commerce Logistics Market Share Analysis
Based on service type, the transportation segment is expected to dominate in the eCommerce logistics market share due to innovative transport solutions being adopted by brands like TMS that helps in planning deliveries in the supply chain and improving the efficiency of goods and parcel shipment. However, the warehouse segment will grow the fastest due to technological advancements and automation in managing inventory, and the need for tracking a huge number of goods in the industry.

Based on the operational area, the international segment will maintain the lead in the eCommerce logistics market share while the domestic segment will grow the fastest due to the huge opportunities the domestic supply chain provides to SMEs. They get to conduct trade online and ship products to a huge consumer base thereby driving increased sales.

Based on region, North America will maintain the lead in the eCommerce logistics market share. However, Asia-pacific will grow the fastest due to the increasing eCommerce industry and rapid digital transformation. The cloud deployment and modernization in workforce management will also contribute to its growth.

Key Benefits for Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the e-commerce logistics market analysis from 2020 to 2030 to identify the prevailing e-commerce logistics market opportunities.

The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

In-depth analysis of the e-commerce logistics market segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global market.

Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global e-commerce logistics market trends, key players, market segments, application areas, and market growth strategies.

E-Commerce Logistics Market Key Market Segments
By Service Type
Transportation
Warehousing
By Operational Area
International
Domestic

By Region
North America
U.S.
Canada
Europe
United Kingdom
Germany
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

E-Commerce Logistics Market Key Players
DHL International GmbH
Aramex International
FedEx Corporation
S.F. Express
Gati Limited
Amazon
Kenco Group, Inc.
Ceva Holdings LLC
United Parcel Service, Inc.
Clipper Logistics Plc

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