2023 E-Commerce Logistics Market Trends, Size, Share and Forecast by 2028
E-Commerce Logistics Market Outlook 2023-2028:
IMARC
Group’s latest research report, titled “E-Commerce
Logistics Market: Global Industry Trends, Share, Size, Growth,
Opportunity, and Forecast 2023-2028,” the global E-commerce logistics
market size reached US$ 375.1 Billion in 2022. Looking forward, IMARC
Group expects the market to reach US$ 923.4 Billion by 2028, exhibiting a
growth rate (CAGR) of 15.1% during 2023-2028.
E-commerce
logistics represent several processes, such as warehousing, packaging,
labeling, invoicing, inventory management, shipping, payment collection,
return, exchange, etc. They generally rely on detailed information, roads and
road conditions, regulations regarding the movement of goods, transport laws to
deliver products faster, etc. E-commerce logistics offer various benefits,
including efficient business growth, valuable insights, scalability, etc. They
also aid in managing product deliveries efficiently. Consequently, these
processes are gaining extensive traction across the globe.
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E-Commerce Logistics Market Growth and Development:
The
widespread adoption of automated identification and data capture technologies
to lower data entry costs, minimize shipping errors, improve inventory
accuracy, etc., is primarily driving the e-commerce logistics market.
Additionally, the increasing utilization of blockchain in these processes that
enable customers to obtain reliable tracking information with more streamlined
and cost-effective operations is further catalyzing the market growth. Besides
this, the escalating demand for printed electronics technology to reduce
shipping costs, the growing number of e-commerce websites offering groceries,
gadgets, furniture, clothing, personal care products, etc., and the easy
availability of low-cost cargo are acting as significant growth-inducing
factors.
Moreover,
the rising integration of transportation management software (TMS) with
e-commerce logistics by key market players to plan efficient deliveries in the
supply chain is positively influencing the global market. Apart from this, they
are using the Internet of Things (IoT), portable data terminals, geographic
information systems (GIS), global positioning systems (GPS), etc., which is
also bolstering the market growth. Furthermore, improved relationships between
customers and suppliers and extensive R&D activities are anticipated to
fuel the e-commerce logistics market over the forecasted period.
Key Players Included in Global E-Commerce Logistics Market
Research Report:
- Agility Public
Warehousing Company K.S.C.P.
- Amazon.com Inc.
- C.H. Robinson
Worldwide Inc.
- CEVA Logistics
(CMA CGM S.A.)
- DHL (Deutsche
Post AG)
- Fedex Corporation
- Gati Limited
- Kenco Group
- Kuehne + Nagel
International AG
- Rhenus Group
(Rethmann Se & Co. Kg)
- SF Express Co.
Ltd. (Shenzhen Mingde Holding Development Co. Ltd.)
- Xpo Logistics
Inc.
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Key Market Segmentation:
Breakup by Product:
- Baby Products
- Personal Care
Products
- Books
- Home Furnishing
Products
- Apparel Products
- Electronics
Products
- Automotive
Products
- Others
Breakup by Service Type:
- Transportation
- Warehousing
Breakup by Operational Area:
- International
- Domestic
Breakup by Region:
- North America
(United States, Canada)
- Asia Pacific
(China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany,
France, United Kingdom, Italy, Spain, Others)
- Latin America
(Brazil, Mexico, Others)
- Middle East and
Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market
Performance (2017-2022)
- Market Outlook
(2023-2028)
- Porter’s Five
Forces Analysis
- Market Drivers
and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive
Mapping of the Competitive Landscape
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