Product ID: UCMIG20R2020
Report ID:
UCMIG20R2020 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global retail logistics market, with a value of USD 227.61 billion in 2021, is projected to grow at a CAGR of 12.3% from 2022 to 2030. The market is expected to experience incremental growth due to increased worldwide trade activity, particularly in emerging economies, and expansion of global transportation infrastructure. The retail logistics system plays a crucial role in ensuring a smooth flow of durable and non-durable goods to customers, resulting in quicker delivery times, lower fulfillment costs, and an increased opportunity to focus on customer care rather than administrative operations in the retail industry.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Air Freight & Logistics by segment aggregation, the contribution of the Air Freight & Logistics in Transportation and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG20R2020