E-Commerce Logistics Market to grow by USD 404.84 billion between 2023-2027
According to a research report “ E-Commerce Logistics Market” by Service (Transportation, Warehousing, Others) Geography (APAC, North America, Europe, Middle East and Africa, South America)- Global Forecast to 2027 published by Technavio, the market size is estimated to grow by USD 404.84 billion at a CAGR of 20% during the forecast period. In the realm of global e-commerce, cross-border transactions represent a substantial segment. Countries such as the US, China, Singapore, Indonesia, Australia, France, Mexico, and India exhibit high cross-border purchasing activity. Notably, China, India, and the EU lead in clothing exports, while France and the US dominate beauty and personal care product exports. Consumers in Australia and India frequently procure apparel from overseas e-retailers. The increasing per capita income and expanding access to international brands fuel the growing trend in cross-border e-commerce transactions..
Browse market data tables, figures, and in-depth TOC on “E-Commerce Logistics Market” by Service (Transportation, Warehousing, Others) Geography (APAC, North America, Europe, Middle East and Africa, South America) Global Forecast to 2027.
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By Service, the Transportation segment is projected to dominate the market size in 2024.
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By Geography, APAC segment is expected to hold the largest market size for the year 2024.
In the e-commerce logistics market, the domestic sector dominates with substantial growth in market revenue, driven by robust economic expansion and advancements in e-commerce logistics and inventory management. Notable trends include digital transformation, cloud deployment among SMEs, and global workforce modernization, collectively fueling market expansion.
APAC is forecasted to hold the largest market size by region in 2024.
The Asia-Pacific (APAC) region is projected to spearhead the global e-commerce logistics market expansion through the forecast period. This growth can be attributed to the substantial population base in the region, fueling the overall demand for goods via online channels. For instance, China's population grew from 1.39 billion in 2018 to 1.41 billion in 2021, and India's population increased from 1.35 billion to 1.39 billion during the same period. The burgeoning e-commerce industries in countries like China, India, and Japan are driving the growth of the e-commerce logistics market in APAC.
The E-Commerce Logistics Market t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
In the dynamic world of e-commerce, the logistics sector plays a pivotal role in ensuring seamless delivery of goods to internet users. E-commerce activities, including B2C and C2C transactions, have witnessed exponential growth, leading to an increased demand for e-commerce logistics services. Mega centers and returns processing centers have become crucial components of the supply chain solutions, facilitating the warehousing and transportation of everyday essentials, groceries, and other goods. Cross-border trade, fueled by the penetration of digital technologies and internet usage, has significantly impacted the e-commerce landscape. E-commerce companies rely on logistics professionals and technology to provide packaging solutions and manage the complexities of e-commerce logistics services. The integration of digital technology in the supply chain has streamlined operations, enabling real-time business analytics and efficient supplier management. The e-commerce logistics market encompasses the transportation and warehousing of cargo, making it an essential aspect of the e-commerce ecosystem. As online businesses continue to expand, the demand for reliable and efficient logistics services will only grow, making it a promising sector for innovation and growth.
Market Research Overview
In the dynamic world of e-commerce, the logistics sector plays a crucial role in ensuring the seamless delivery of goods to consumers. The e-commerce logistics market encompasses various activities, including the transport of commodities such as Wheat, Sesame, and other everyday essentials like Fashion, Furniture, Personal care items, Electronics, and Groceries. This market caters to both Business-to-Consumer (B2C) and Consumer-to-Consumer (C2C) e-commerce activities, facilitating international and domestic transactions. Logistics companies employ a multi-client fulfillment model, collaborating with third-party logistics providers to manage their operational areas efficiently. The transportation service industry leverages technological advancements like Cloud deployment, Inventory management systems, and Transportation management software to optimize their operations. Key logistics solutions include the use of Geographic Information Systems, Portable data terminals, Barcode systems, Internet of Things, and Digital payment methods for digitalization and automation. The market also incorporates the use of Hardware technologies like Global Positioning System and Drone delivery services for last-mile delivery. Funding from Venture capitalists and other investors continues to fuel the growth of this sector, enabling the adoption of advanced technologies and workforce management strategies. The e-commerce logistics market is a significant contributor to the supply chain solutions industry, facilitating cross-border trade and e-commerce activities.
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