openPR Logo
Press release

E-Commerce Logistics Market Will Surpass US$781 Bn In 2024,New Entrants To Endow

08-24-2016 03:56 PM CET | Logistics & Transport

Press release from: TMR- Research Reports

E-Commerce Logistics Market Will Surpass US$781 Bn In 2024,New

The imminent explosion of cross-border e-commerce websites will cause a stir in the global e-commerce logistics market, predicts TMR in a new study. The market will also receive a boost from the availability of low-cost cargo. Already, the spread of B2C and C2C e-commerce websites has resulted in an increase in the demand for both domestic and international e-commerce logistics.

Sellers are now expecting a greater degree of transparency and efficiency in their chosen e-commerce logistics providers. This will also pave the way for higher customization in e-commerce logistics services. At the same time, companies providing these services are trying for look for practical ways to reduce costs – especially those associated with reverse logistics. Among the key services that e-commerce logistics companies provide are warehousing and transportation along with some other types of niche services.

Free PDF For Full Details with Technological breakthroughs is @ http://bit.ly/2bzpuPy

The global e-commerce logistics market is expected to surpass US$781 bn in 2024, up from its valuation of US$122.2 bn in 2014. The estimated CAGR of the market between 2016 and 2024 is 20.6%.

Transportation Segment to Lead in Terms of Revenue Given its Pivotal Role in Delivery Process

TMR finds that in 2015, the transportation segment was larger than the warehousing segment of the global e-commerce logistics market by service type. This is explained by the fact that transportation is important all through the e-commerce logistics process and will gain even more importance as all large and small companies target last-mile delivery.

The transportation segment has been split further into air/express delivery, trucking/over road, freight/rail, and maritime. Of these, the trucking and over road segment accounts for the larger share because it is the most prevalent transportation method. The preference for trucking and over road transportation is further elevated with the logistical difficulties and costs associated with rail and air transport

Asia Pacific E-commerce Logistics Market Teeming with Opportunities

The sheer population growth in the Asia Pacific region has created multi-billion dollar opportunities for companies in the e-commerce logistics market. About 60% of the world’s population resides in Asia Pacific, the World Population Review 2015 has revealed. Add to this the stupendous rise in sales of smartphones and in internet connectivity and it is easy to see why companies are looking a massive opportunity in the face.

Although several countries in Asia Pacific are still in the development phase, their burgeoning middle-income families represent a ripe target market for e-commerce companies. Moreover, e-commerce companies in Asia Pacific are expected to widen their reach in line with road and infrastructure development projects. Thanks to these dynamics at play, the Asia Pacific e-commerce logistics market will log a CAGR of 22.4% between 2016 and 2024.

However, in terms of revenue, North America will not budge from its dominant position through the forecasting horizon, TMR expects. The excellent digital infrastructure in the region and the healthy B2C sales will continue to create a conducive climate for the growth of the e-commerce logistics market in North America, which stood at US$48.32 bn in 2015.

Market Insight of e-commerce logistics can be Viewed @ http://bit.ly/2bhBmcE

However, with the U.K.’s exit from the European Union, the e-commerce logistics market in Europe could run into a rough patch. The regulations are poised to become more complex and compliance will pose a challenge.

The top companies in the e-commerce logistics market are FedEx Corporation and DHL International GmbH with over 50% of the market. Other notable players are Gati Limited, Clipper Logistics Plc., Aramex International, XPO Logistics, Inc., Kenco Group, Inc., United Parcel Service, Inc., and others.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release E-Commerce Logistics Market Will Surpass US$781 Bn In 2024,New Entrants To Endow here

News-ID: 358364 • Views: 2774

More Releases from TMR- Research Reports

Histone Methyltransferases Market by Global Industry Research 2019
Histones are the major protein constituents of eukaryotic nucleus. Histone methyltransferases catalyzes the transfer of methyl group to lysine and arginine residues of the histone protein. It catalyzes the reaction with the help of SN-2 mechanism where transfer of methyl group from S Adenosyl Methionine to amino group of target lysine takes place. There are seven histone methyltransferase includes EZ, SET1, SET2, SMYD, SUV39, SUV4-20 and RIZ. The main function
Healthcare Mobility Solutions Market Advancements in Wireless Networks to Drive …
Focus on Reducing Healthcare Costs Drives Global Market The constantly growing and evolving medical needs have been the driving force behind the evolution of healthcare mobility solutions. The aim of these solutions is to reduce the healthcare costs and to provide the patients an optimum solution in the least possible time. The simplicity of this objectivity has been successfully achieved by the development of healthcare mobility solutions’ products and services such
Global District Heating and Cooling Market: Big Players Foraying into Manufactur …
To gauge the competitive dynamics in the global district heating and cooling (DHC) market, the DHC system manufacturers, project contractors, and plant operators in the supply chain will have to be factored in, states a report by Transparency Market Research (TMR). In the coming years, big plant operators and private operators are predicted to start manufacturing DHC systems, which in turn, would likely heat up the competition. Competition would also
Condiment Sauces Market is Expected to Exhibit a positive CAGR of 3.2% from 2014 …
Condiment sauces are used in food to enhance taste, flavor or as a complimentary item in different dishes. It is used either as table dips or in cooking or as both. The condiments sauces market has experienced a diversified trends across different regions such as North America, Europe, Asia Pacific and RoW. The Global condiment sauces market is expected to witness rapid changes due to fast changing eating patterns across

All 5 Releases


More Releases for Pacific

15th Asia-Pacific Pharma Congress
MAY 4-8, 2018 Melbourne, Australia: Conference Series, host of 15th Asia-Pacific Pharma Congress on Pharmaceutical Sciences, a unique Pharma Conference that discusses the latest advancements emerging in the field of pharmaceutical sciences. Asia Pharma 2018 will provide interactive sessions regarding the latest advancements emerging in the field along with recent advances. It also provides an opportunity to showcase your innovation in front of the world for the global recognition. Asia
Asia-Pacific Clinical Nutrition market
The Asia-Pacific Clinical Nutrition market was worth $15.28 billion in 2016 and estimated to be growing at a CAGR of 5.91%, to reach $20.36 billion by 2021. Asia-Pacific clinical nutritional market is mainly driven by increasing awareness for such products among the common people. Vitamins, Amino acids, minerals, carbohydrates and proteins are some of the essential nutrients required in the diet. Various diseases such as diabetes, cancer, GI diseases, kidney and
09-25-2017 | Sports
Orbis Research
Sportswear Market in Asia Pacific
Summary This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Sportswear in Asia Pacific Description Asia Pacific plays an integral role in the global sportswear market, accounting for 38% of global sportswear absolute value growth from 2011 to 2016. Although China leads the region, accounting for 46% of value sales in 2016, dynamic markets such as India
Asia Pacific Proteins Assays Market
The Asia Pacific Proteins Assays Market was worth $204.8 million in 2016 and estimated to be growing at a CAGR of 12.42%, to reach $367.75 million by 2021. Rising application of protein content determination in various fields related to pharmacy and biotechnology has stimulated the growth of market. Browse Full Report @ http://marketdataforecast.com/market-reports/asia-pacific-protein-assays-market-3063/ Protein quantification is a vital step of dairy workflow of protein extraction in biochemistry and molecular biology that involves
Airlines in Asia-Pacific 2017
ReportsWorldwide has announced the addition of a new report title Airlines in Asia-Pacific 2017 to its growing collection of premium market research reports. Airlines in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource for top-line data
Asia-Pacific Agricultural Adjuvants Market
“Asia-Pacific Agricultural Adjuvants Market ", published by Market Data Forecast, the Asia-pacific market is projected to reach USD$1.07 billion by 2021, at a CAGR of 6.56% from 2016 to 2021. Agricultural Adjuvants are witnessing a sizable demand since farmers are resolute to attain nutritious and high quality crop production. They are utilised to boost the efficiency of pesticides such as Insecticides, Herbicides, Fungicides, and other agents that are used to control