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Logistics is a term used t- define the way the resources are managed, stored, and subsequently delivered t- their destinations. E-commerce logistics is a technological application with traditional logistics principles. Logistical services include the preparation, execution, and monitoring of goods and services transportation. Due t- the increasing complexity of logistics, technology has become important t- secure the service in an efficient as well as reliable manner.
Global E-Commerce Logistics Market is expected t- project a notable CAGR of 14.52% in 2030.
Global E-Commerce Logistics Market t- surpass USD 548.36 billion by 2030 from USD XX billion in 2020 at a CAGR of 14.52% in the coming years, i.e., 2021-30. The expansion of e-commerce startups and the rising cross-border e-commerce practices is anticipated t- push the e-commerce logistics market during the forecasted years. In the next years, too, the growth of the e-commerce sector is expected t- boost the market. In addition, a number of advantages from e-commerce logistics are expected t- augment market demand during the projected timeframe, such as the facility t- implement e-commerce logistic services and the increased reliability, real-time insight int- product transports, and improvement in customer satisfaction.
Global E-Commerce Logistics Market: Segments
Warehouse segment t- grow with the highest CAGR during 2020-30
Global E-Commerce Logistics Market is segmented by Service Type int- Transportation, Warehousing. The warehousing division consists of returns processing centers hubs/delivery centers, and mega centers, whereas the transportation division is divided int- trucking/over road, air/express delivery, freight/rail, and maritime. Transport services generated the highest turnover in 2020, whereas, the warehouse sub-section is expected t- grow most rapidly during the projected timeframe.
Domestic segment t- grow with the highest CAGR during 2020-30
Global E-Commerce Logistics Market is divided by Operational area int- International, Domestic. The domestic segment is anticipated t- grow at the highest CAGR due t- rising demand from daily household users. The convenience offered by E-Commerce logistics makes it popular amongst domestic users.
Global E-Commerce Logistics Market Dynamics
Increased internet penetration
In several applications, the expansion of online technology has led t- the rate of adoption of e-commerce logistics. The market growth is largely fueled by variables such as the increase of cross-border electronic commerce and an increase of Internet penetration, solely in the developing nations, will lead t- the growth of this market, as it will deepen the total consumption of international products in different regions.
E-commerce logistics market is motivated with many key factors, such as growing national and domestic players, extensive rail connectivity, growing e-commerce market, and cheap workers. Global logistics markets are ruled by world giants and regional actors exploring the unexploited region of the world. Indian infrastructure improved throughout the year. India, for example, is the fifth-largest rail link and has a great rail network that connects large areas throughout India.
Lack of regulation
The market is likely t- be restricted by factors like a lack of knowledge of this system and the concerns regarding the lack of system safety. Logistics companies restrain their access t- the rural areas of the nation covering a large section of the region's underdeveloped country infrastructure. It als- lowers logistics companies' reach and connectivity. Furthermore, increased crude oil prices and their instability als- impact the logistics companies, which affect market players' profit margin. The average freight movement rate is significantly slower than the global average on Indian roads.
Global E-Commerce Logistics Market: Key Players
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
DHL International GmbH
Kenc- Group, Inc.
Ceva Holdings LLC
United Parcel Service, Inc.
Clipper Logistics Plc.
Other Prominent Players
Global E-Commerce Logistics Market: Regions
Global E-Commerce Logistics Market is segmented based on regional analysis int- five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. During the projected timeline, APAC ought t- have the highest share in the total market for E-Commerce Logistics. This market has been segmented int- China, Japan, South Korea, and APAC's Rest (RoAPAC). RoAPAC contains Singapore, Thailand, Malaysia, India, New Zealand, and Australia. China is the nation's biggest APAC market. Due t- the rise in economic activity over the online channel in this area, the Asia Pacific held the largest market share.
Global E-Commerce Logistics Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - North Africa, Israel, GCC, South Africa, and Rest of MENA
Global E-Commerce Logistics Market report als- contains analysis on:
E-Commerce Logistics Segments:
By Operational area:
By Service Type into
E-Commerce Logistics Market Dynamics
E-Commerce Logistics Market Size
Supply & Demand
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints