USD 465 billion
Report ID:
SQMIG20R2012 |
Region:
Global |
Published Date: February, 2024
Pages:
274
|
Tables:
121 |
Figures:
77
E-Commerce Logistics Market size was valued at USD 465 billion in 2019 and is poised to grow from USD 525.45 billion in 2023 to USD 1396.88 billion by 2031, growing at a CAGR of 13% in the forecast period (2024-2031).
E-Commerce Logistics are becoming popular since It provides major benefits such as global reach and wide customer base. Cost effective customer service 24/7. All across the world there are various ecommerce logistics options such as drop shipping in house management, automated logistics platform outsourcing, logistics service provider.
Delivery tracking is another feature which comes with the ecommerce logistics which reassures the customer and bill loyalty while saving time on your customer service management.E Commerce Logistics will enable the branch to focus on improving and expanding the online businesses. They have strong types of shipping careers that enable the brand to take advantage of negotiated pricing and bulk order volume which can significantly minimize the shipping cost for the ecommerce brands. With the help of this ecommerce logistics, one can save making huge investments in infrastructure, technology, manpower and more.One can manage the fluctuation in order volumes effectively without incurring additional cost or compromising on shipping standards with the help of ecommerce logistics.
US E-Commerce Logistics Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 465 billion
Largest Segment
Transportation
Fastest Growth
Transportation
Growth Rate
13% CAGR
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Global E-Commerce Logistics Market is segmented on the basis of service, operational area, product, end user, type, model and region. By service, the market is segmented into Transportation, Warehousing and Inventory Management, and Value-added Services (Labeling, Packaging, etc. By product, the market is segmented into Fashion and Apparel, Consumer Electronics, Home Appliances, Furniture, Beauty and Personal Care Products, and Other Products (Toys, Food Products, etc.). By operational area Domestic and International/Cross-border. By type the market is segmented into Transportation, Warehousing. By model the market is segmented into 3PL, 4PL. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
E-Commerce Logistics Market Analysis by Service
By Service., the global market is divided into many segments such as Transportation, Warehousing and Inventory Management, and Value-added Services (Labeling, Packaging, etc). Transportation segment held the largest global E-Commerce Logistics Market share due to the wide range of benefits provided by it in E-Commerce Logistics . The sub segment of transportation, that is the roadways segment is the major form from which the ecommerce logistics runs.The last mile deliveries are carried out through roadways that makes it the key facilitator in ecommerce logistics.
E-Commerce Logistics Market Analysis by Operations
By Operation, the E-Commerce Logistics Market is classified into Domestic and international.Among bored, the domestic segment held the largest revenue share in 2022.After the end of COVID-19 pandemic, the cross border shipments are increasing which will lead to the growing CAGR of international online ecommerce logistics.The major brands like Amazon, Alibaba have a substantial.Amount of ecommerce provider that will drive the international ecommerce logistic market.
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Globally, Asia Pacific is estimated to hold the highest global E-Commerce Logistics Market share in 2022., Main factors during this growth period are the presence of top market players and high proliferation of smartphones and Internet in the region.
The major countries in the Asia Pacific region such as China and Japan are making major investments in improving infrastructure in ways and highways. Ongoing modification of Asia Pacific countries, substantial improvement towards digital transformation, adoption of advanced technology by small and mid size businesses is significantly contributing to the growth of market in the region.Above all, Asia Pacific is expected to grow fastest during the forecast period.
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E-Commerce Logistics Market Drivers
Rise of Internet to Boost Market Growth
E-Commerce Logistics Market Restraints
Security Concerns to Hinder Market Growth
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Competition in the global E-Commerce Logistics Market is expected to increase during the forecast period because new players are expected to enter the global market and the number of devices and software compatible with E-Commerce Logistics will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years.
E-Commerce Logistics Market Top Player’s Company Profiles
E-Commerce Logistics Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global E-Commerce Logistics Market analysis, the global market is estimated to have significant growth during the forecast period because of the benefits it consists of such as global reach and wide customer base. Cost effective customer service 24/7. E-Commerce Logistics will enable services to be more convenient for their users. The market has so much potential for new players also because of the high expected rate of growth and demand.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 465 billion |
Market size value in 2031 | USD 1396.88 billion |
Growth Rate | 13% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
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Historical Year | 2019 |
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global E-Commerce Logistics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global E-Commerce Logistics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global E-Commerce Logistics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global E-Commerce Logistics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONE-Commerce Logistics Market size was valued at USD 465 billion in 2019 and is poised to grow from USD 525.45 billion in 2023 to USD 1396.88 billion by 2031, growing at a CAGR of 13% in the forecast period (2024-2031).
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Product ID: SQMIG20R2012