Home Press Releases E-Commerce Logistics Market Size Worth $1,941.17 Billion By 2030 | CAGR: 17.6%

E-Commerce Logistics Market Size Worth $1,941.17 Billion By 2030 | CAGR: 17.6%

The global E-commerce Logistics Market size is expected to reach USD 1,941.17 billion by 2030, according to a new study by Polaris Market Research. The report “E-commerce Logistics Market Share, Size, Trends, Industry Analysis Report, By Service (Transportations, Warehousing, Others); By Type (Transportation, Warehousing, Others); By Operation; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The adoption of the market is greater in Asia pacific as compared to other regions. The adoption rate of these digital services has grown as a result of the development of digital technologies. Industry expansion is being fueled by developments in cross-border sales, import sales, and increased internet usage, particularly in emerging nations.

 

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During the projection period, the industry growth is expected to be significantly impacted by the booming online platform sector. Order fulfillment in the industry plays a significant role in the increasing use of robots. A real-time picture of operations is provided by the growing trend that is requiring merchants to use robotic solutions to automate laborious processes in order to stay up with the efficient integration of online automation networks.

 

This allows manufacturing organizations to assess the state of operations with ease. Due to the high demand for on-time delivery in the industry, this functionality is essential. This is fueling the market’s expansion further.

 

Due to the growing trend of online shopping and the expansion of digital operators in the area, the Asia-Pacific is anticipated to grow at the quickest rate during the projected period. Additionally, a rise in international online sales is fostering industry expansion.

 

The presence of major companies such as Alibaba and Amazon is providing substantial growth opportunities for logistic operations in the Asia-Pacific. After starting up their operations in advanced economies, businesses sought the most emerging & lucrative industries. The region’s digital activities subsequently grow as a result of this.

 

E-Commerce Logistics Market Report Highlights

  • With about 70% revenue share, the transportation segment was dominant in 2021. The most popular transportation method in e-commerce logistics was roads. The fastest-growing warehouse type is anticipated to be hubs/delivery centers throughout the projected year.
  • In 2021, domestic businesses held a proportion of around 74%. However, it is anticipated that the foreign operations would expand at a CAGR of 23.0percent throughout the projection period.
  • The market’s highest revenue share belonged to the vertical apparel category. With such a CAGR of 23.2percentage points over the projected period, the beverage and food categories are also anticipated to have the greatest growth.

 

Polaris Market Research has segmented the e-commerce logistics market report based on service, type, operations, and region:

 

E-Commerce Logistics, Service Type Outlook (Revenue – USD Billion, 2017 – 2030)

  • Transportation
  • Warehousing
  • Others

E-Commerce Logistics, Type Outlook (Revenue – USD Billion, 2017 – 2030)

  • Forward
  • Reverse

 E-Commerce Logistics, Operations Outlook (Revenue – USD Billion, 2017 – 2030)

  • Logistics for domestic e-commerce
  • Logistics for international (cross-border) e-commerce

E-Commerce Logistics, Regional Outlook (Revenue – USD Billion, 2017 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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