Global E-Commerce Logistics Market is projected to be valued $XX Billion by 2024; with a CAGR of XX% from 2017 to 2025. In ecommerce, logistics are the mode of shipping order to customers or transporting an inventory to a merchant. The logistics process keeps a track record of goods in transit and up to the point of delivery. E-commerce has changed the way the logistics and supply chain game is played. The exponential growth of digital technology has geared up the rate of e-commerce logistics in a number of applications, exclusively in developing countries, which will lead to the growth of this market as it will escalate the overall foreign goods consumption across various regions.
Latest technologies, innovative ways of delivery services and GPS enabled tracking devices which helps customers to track orders are expected to boast the growth of the market. Moreover, tie-ups with local vendors for delivery on the same day are also expected to increase the growth of the market. Major players in the market making it tough for small players to survive may hinder the growth of the market. Growing cyber-attacks and security threat also limits the growth of the market. However, introduction of drones for fast delivery provides an opportunity for the market. Untapped markets in developing countries also provide an excellent opportunity for the growth of the market.
The market is segmented based on the service type, operational area and geography. Service type is further segmented into Warehousing (Mega centers, Delivery centers and return processing centers) and Transportation (Air delivery, Freight/Rail, over road and maritime) and others. Furthermore, logistics market type is segmented into Domestics and International.
Based on geography, the e-commerce logistics market is segmented into North America, Europe, Asia-Pacific and Rest of World. The U.S., Mexico and Canada are covered under North America wherein Europe covers France, Germany, UK, Spain and rest of Europe. Asia-Pacific covers China, India, Japan, South Korea and Rest of Asia Pacific. Rest of the World (RoW) covers South America, Middle East and Africa.
Major companies operating in the global E-Commerce Logistics market are DHL International GmbH, Ceva Holdings LLC, Gati Limited, Aramex International, Kenco Group, FedEx Corporation, Inc., Clipper Logistics Plc., Agility Public Warehousing Company K.S.C.P., United Parcel Service, Inc., and XPO Logistics, Inc., among others.
The key takeaways from the report
Scope of E-Commerce Logistics Market
Service Type Segments
Operational Area Segment