
E-commerce logistics market size to grow by USD 404.84 billion, insights on the key drivers and trends
NEW YORK, Dec. 6, 2022 /PRNewswire/ — The e-commerce logistics market size is projected to grow by USD 404.84 billion, progressing at a CAGR of 20% from 2022 to 2027. By region, the global e-commerce logistics market is segmented into North America, South America, Europe, APAC, and MEA. APAC is estimated to contribute 57% to the growth of the global market over the forecast period. The region’s e-commerce logistics business is likely to attract the interest of new suppliers due to its significant growth potential over the forecast period.
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E-commerce logistics market: Segmentation Analysis
This market research report segments the e-commerce logistics market by usage (domestic and international), service (transportation, warehousing, and others), and geography (APAC, North America, Europe, Middle East and Africa, and South America).
The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others. Buy the report!
E-commerce logistics market: The increase in cross-border e-commerce activities drives the growth
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One of the key factors driving the E-commerce logistics market growth is the increase in cross-border e-commerce activities. The US and France are the top exporters of cosmetics and personal care items. Due to rising per capita income and greater consumer access to foreign brands, cross-border e-commerce is becoming more and more popular with consumers. A rise in the number of trade corridors is another reason of growing cross-border trade. Trade corridors are comprehensive transportation networks that link different geographic areas to ease trade and advance the economy. These corridors are made up of integrated infrastructure that connects cities or nations, like railroads and highways. Furthermore, logistics is important in cross-border e-commerce because the flow of commodities is dependent on transportation and distribution networks. Hence, with the expansion of cross-border e-commerce, demand for e-commerce logistics is likely to rise concurrently during the projection period.
E-commerce logistics market: The emergence of supermarket mini distribution centers is the key trend
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The emergence of supermarket mini distribution centers is one of the key e-commerce logistics market trends that is expected to impact the industry positively in the forecast period. Shippers have relocated storage and manufacturing closer to customers due to increased demand for quick order fulfillment. As a result, many supermarkets and retailers are concentrating on making each location into a mini-distribution center. This strategy helps in accelerating the delivery process which will further drive the market growth during the forecasted period.
Some of the key topics covered in the report include:
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
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E-Commerce Logistics Market Scope |
|
Report Coverage |
Details |
Page number |
175 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 20% |
Market growth 2023-2027 |
USD 404.84 billion |
Market structure |
Fragmented |
YoY growth 2023-2027 (%) |
19.52 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 57% |
Key countries |
US, China, Japan, India, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Agility Public Warehousing Co. K.S.C.P, Aramex International LLC, C H Robinson Worldwide Inc., CMA CGM SA, DB Schenker, Deutsche Post AG, dotdigital Group Plc, DSV AS, eStore Logistics, FedEx Corp., Gati Ltd, GXO Logistics Inc., Kenco Group Inc., Kuehne Nagel Management AG, Nippon Express Holdings Inc., Rhenus SE & Co. KG, SF Express Co. Ltd., Sinotrans Ltd, United Parcel Service Inc., and XPO Logistics Inc. |
Market dynamics |
Parent market analysis; market growth inducers and obstacles; fast-growing and slow-growing segment analysis for the forecast period dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse for Technavio “Industrials” Research Reports Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Usage
7 Market Segmentation by Service
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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