E-Commerce Logistics Market Size, Share, Growth Analysis, By Service Type(Transportation (Airways, Railways, Roadways, Waterways)), By Type(Forward Logistics, Reverse Logistics), By Model(3PL, 4PL, Others), By Operation(Domestic, International), By Vertical(Apparels, Consumer Electronics, Automotive, Healthcare), By Region - Industry Forecast 2024-2031

In relation to other regions, Asia-Pacific has emerged at the forefront of the e-commerce logistics industry. High smartphone and internet penetration rates in the region have led to increased demands in e-commerce and, thereby, logistics services. Expansion in the e-commerce logistics sector has been positively triggered by the emergence of new e-commerce companies in the region. Most Chinese investments are highly facilitating the development of logistics services in China, for instance, by upgrading the infrastructure such as ports, railroads, and highways. E-commerce logistics is experiencing fast expansion in the country because customers in Japan prefer home delivery as compared to in-store shopping. 

According to the e-commerce logistics market forecast, North America stood second at a revenue share of around 25.86% in 2023. The high revenue share exists because of such e-commerce giants as Amazon, Walmart, and eBay. It has a market valuation that goes beyond USD 1.5 trillion. Amazon accounts for about 38% of all e-commerce suppliers and is the largest online retailer in the United States. The company will have more than 100 fulfillment centers and 300 hubs for delivery in the future, which it needs to deal with the increase in last-mile dispatches of the company due to its strategic investments. Due to the rising demand of the area, e-commerce logistics will be needed ever-increasingly.