What is the global market size of E-Commerce Logistics Market?

Global E-Commerce Logistics Market size was valued at USD 465 billion in 2021 and is poised to grow from USD 525.45 billion in 2022 to USD 1396.88 billion by 2030, growing at a CAGR of 13% in the forecast period (2023-2030).

Who are the key vendors in the Global E-Commerce Logistics Market?

Competition in the global E-Commerce Logistics Market is expected to increase during the forecast period because new players are expected to enter the global market and the number of devices and software compatible with E-Commerce Logistics will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years. 'FedEx Corporation', 'DHL International GmbH', 'United Parcel Service, Inc.', 'XPO Logistics, Inc.', 'Kuehne + Nagel International AG', 'C.H. Robinson Worldwide, Inc.', 'Deutsche Post AG (DHL eCommerce Solutions)', 'Sinotrans Limited', 'SF Express Co., Ltd.', 'Gati Limited', 'Yusen Logistics Co., Ltd.', 'Aramex PJSC', 'Ecom Express Private Limited', 'CJ Logistics Corporation', 'SEKO Logistics', 'FedEx Supply Chain', 'Blue Dart Express Limited', 'DSV Panalpina A/S', 'Nippon Express Co., Ltd.', 'STO Express Co., Ltd.'.

What is the key driver of Global E-Commerce Logistics Market?

Internet and smartphones are penetrating in every corner of the world as well as growth of online payment has led to the growth of ecommerce logistic in vast majority.Due to the penetration of Internet and phone, the growth of online business has increased tremendously, which led to the rising demand for delivery logistics business in the market.Moreover, integration of e commerce with cloud computing, mobile application, social networking, big data.An offer business great opportunity is to rethink their business model, redefine their strategy and reinvent their business with the help of ecommerce logistics.

What is the key market trend for Global E-Commerce Logistics Market?

The major forms all across the globe are thinking to lower the cost and move products most swiftly.This feat can be achieved by increasing supply chain automation and digitization.These transition of ecommerce logistics will enable shipping companies to grow with the trends.

Which region accounted for the largest share in Global E-Commerce Logistics Market?

Globally, Asia Pacific is estimated to hold the highest global E-Commerce Logistics Market share in 2022., Main factors during this growth period are the presence of top market players and high proliferation of smartphones and Internet in the region.

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

Report ID: SQMIG20R2012 | Region: Global | Published Date: October, 2024
Pages: 274 | Tables: 148 | Figures: 78

E-Commerce Logistics Market News

CEVA Logistics signed a multi-year contract renewal in November 2022 to manage e-commerce fulfillment, warehousing, and inbound and outbound services for ASOS.
USA Shipping, LLC (MyUS) was acquired by Aramex PJSC in October 2022. Through this purchase, strong revenue growth was anticipated due to this acquisition that would strengthen Aramex's cross-border express business.
DHL acquired a controlling stake in the Dutch e-commerce company, Monta-which is engaged in e-fulfillment and online sale-from it in September 2022. The motive of this deal was the reinforcement of DHL's core logistics business.

E-Commerce Logistics Market Report Snapshots

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Global E-commerce Logistics Market size was valued at USD 315.84 billion in 2022 and is poised to grow from USD 386.34 billion in 2023 to USD 1936.17 billion by 2031, growing at a CAGR of 22.32% during the forecast period (2024-2031).

There are many businesses operating in the market, making it highly competitive. To have an edge over competitors, the players engage in various strategic initiatives, such as mergers, acquisitions, and expansion. To speed up the delivery of products, e-commerce logistics companies are establishing warehouses in various countries globally. 'FedEx Corporation ', 'DHL International GmbH ', 'United Parcel Service, Inc. ', 'XPO Logistics, Inc. ', 'Kuehne + Nagel International AG ', 'C.H. Robinson Worldwide, Inc. ', 'Deutsche Post AG (DHL eCommerce Solutions) ', 'Sinotrans Limited ', 'SF Express Co., Ltd. ', 'Gati Limited ', 'Yusen Logistics Co., Ltd. ', 'Aramex PJSC ', 'Ecom Express Private Limited ', 'CJ Logistics Corporation ', 'SEKO Logistics ', 'Blue Dart Express Limited ', 'DSV Panalpina A/S ', 'Nippon Express Co., Ltd. ', 'STO Express Co., Ltd.'

Post-pandemic, the rising number of online purchases has sharply increased the demand for e-commerce logistics services. Online shopping has been increasingly popular among customers through the ease, selection, and affordability it offers. It is most evident in the food, electronics, and clothing sectors, making logistics companies create last-mile solutions, operate warehouses, and expand their delivery networks all to meet evolving requirements of the customer base to provide reliability and speed.

Development of Options for Last-Mile Delivery: Growing importance of last-mile logistics is associated with the requirements of e-commerce business as it needs faster delivery times. Other effective last-mile solutions to meet the increased needs for same-day or even next-day deliveries include local distribution hubs and crowdsourced delivery models or the use of autonomous vehicles in delivery, such as drones and robots. This will include an increase in delivery speed and cost efficiency, especially in cities where the customers are demanding the speedy delivery of the product.

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.

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What is the global market size of E-Commerce Logistics Market?

Who are the key vendors in the E-Commerce Logistics Market?

What is the key driver of E-Commerce Logistics Market?

What is the key market trend for E-Commerce Logistics Market?

Which region accounted for the largest share in E-Commerce Logistics Market?

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