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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).

Competition in the E-Commerce Logistics Market is expected to increase during the forecast period because new players are expected to enter the 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 market but these numbers will increase in the upcoming years. 'FedEx Corporation', 'DHL International GmbH', 'United Parcel Service, Inc.', 'XPO Logistics, Inc.', 'Kuehne + Nagel International AG', 'C.H. Robinson Worldwide, Inc.', 'Deutsche Post AG (DHL eCommerce Solutions)', 'Sinotrans Limited', 'SF Express Co., Ltd.', 'Gati Limited', 'Yusen Logistics Co., Ltd.', 'Aramex PJSC', 'Ecom Express Private Limited', 'CJ Logistics Corporation', 'SEKO Logistics', 'FedEx Supply Chain', 'Blue Dart Express Limited', 'DSV Panalpina A/S', 'Nippon Express Co., Ltd.', 'STO Express Co., Ltd.'

Internet and smartphones are penetrating in every corner of the world as well as growth of online payment has led to the growth of ecommerce logistic in vast majority.Due to the penetration of Internet and phone, the growth of online business has increased tremendously, which led to the rising demand for delivery logistics business in the market.Moreover, integration of e commerce with cloud computing, mobile application, social networking, big data.An offer business great opportunity is to rethink their business model, redefine their strategy and reinvent their business with the help of ecommerce logistics.

The major forms all across the globe are thinking to lower the cost and move products most swiftly.This feat can be achieved by increasing supply chain automation and digitization.These transition of ecommerce logistics will enable shipping companies to grow with the trends.

Globally, Asia Pacific is estimated to hold the highest 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.

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Global E-Commerce Logistics Market

Product ID: SQMIG20R2012