USD 248.7 billion
Report ID:
SQMIG20R2047 |
Region:
Global |
Published Date: December, 2024
Pages:
166
|Tables:
90
|Figures:
71
Retail Logistics Market size was valued at USD 287.05 Billion in 2023 and is poised to grow from USD 322.36 Billion in 2024 to USD 815.4 Billion by 2032, growing at a CAGR of 12.3% during the forecast period (2025-2032).
Logistics in relation to retail is an organizational niche in the movement of supplies, work-in-progress and finished goods from suppliers directly to the customers. It encompasses different functions such as distribution, fulfilment of orders, storage, transport, supervision of stock levels as well as purchasing, to make sure that the right goods are available in sufficient quantities at the appropriate place and time to satisfy customer needs. All these processes, which flow from raw material suppliers to processes of making the products, to selling them to dealers, selling to sales agents, selling to the ultimate consumers have to be designed and managed.
Retail logistics services are in high demand as a result of the growing popularity of online shopping and the ongoing expansion of e-commerce platforms. With the ease of shopping online coupled with a broader range of products made available for selection, more and more consumers have opted to purchase goods online which has increased the pressure on logistics service providers to manage such orders timely and efficiently. Consumer and retailer expectations regarding order and delivery dates need to be all met for customer retention to occur. As a result, there is increasing demand for effective logistics solutions, which can provide timely deliveries, often necessitating the restructuring of operational processes of the companies concerned. Online retailers have to be proactive in inventory management to avoid both stockouts and stranding of excessive unutilized resources.
Global Market Size
USD 248.7 billion
Largest Segment
E-commerce
Fastest Growth
retail logistics
Growth Rate
10.9% CAGR
To get more reports on the above market click here to Buy The Report
Global Retail Logistics Market is segmented by Type, Solution, Mode and Region. Based on Type, the market is segmented into Conventional, E-Commerce. Based on Solution, the market is segmented into Commerce Enablement, Supply Chain, Solutions, Reverse Logistics, Transportation, Others. Based on Mode, the market is segmented into Railways, Airways, Roadways, Waterways. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Type
As per categorization by type, the market is classified as conventional retail logistics and E-commerce retail logistics. Among these, E-commerce retail logistics earned the largest share and continues to dominate the market. E-commerce retail logistics is shifting the gears of the retail logistics industry across the globe through the use of modern-day technologies such as automation, AI, and real time tracking which raises the level of efficiency and effectiveness. It is clear why it has the largest share of the market offerings, that is, increase in the level of popularity of online shopping, the customer’s demand to cut the delivery time and the need for adaptive solutions in a tough competitive environment.
According to a report, the demand for fast delivery as well as for numerous channels in shopping is going to make the traditional retail logistics market the strongest growing segment in the overall retail logistics sector. t The Impact of Logistics on Retail Management A case of Victoria Island Lagos Nigeria Laigroup Com Free Papers’ Archives. brick-and-mortar stores are getting more sophisticated through actively offering customized services, quick order processing, and effective collection of orders made online. In addition, there is a trend among the retailers to modernize their conventional supply chains to cope with the sophisticated management of stock, which means quicker response times and higher levels of satisfaction from the customers, thus propelling growth in the conventional retail logistics segment.
Analysis by Mode of Transport
Innovations such as automated ships, digital monitoring of freight, and green shipping options are developing water transport logistics. Its leadership in the world retail logistics markets is due to low prices, the capacity to transport large weights over extended distances, and increasing sustainability concerns, which all make it suitable for the transportation of bulk goods on overseas voyages.
According to forecasts, roadways are expected to record the highest growth in the global retail logistics market. This can be attributed to the ease of delivery, accessibility of last-mile destinations, and increased expectations for same-day and next-day delivery options. Rising investments are being called forth for road construction facilities and fleet management systems such as route optimization and electric vehicles owing to the growth of e-commerce and urbanization. This development is speeding up the delivery process, lowering costs, and enhancing efficiency in general, making roadways a crucial means for the growth of retail logistics.
To get detailed analysis on other segments, Request For Free Sample Report
The ever-increasing urbanization, the ever-growing disposable incomes of the populations, and the surging e-commerce sector in the region especially in those countries such as China, India, and Japan are some of the reasons why the Asia Pacific is leading in the retail logistics market at the global scale. A large pool of addressable markets with progressively higher expectations of accurate and speedy delivery has seen players invest heavily in the logistics infrastructure, the technology, and the management of the supply chains. The region also benefits from strong government support for trade and logistics innovation, such as smart warehousing and advanced transportation networks. Besides, the emergence of mobile commerce and digital payment means is encouraging the ease of conducting shopping through the internet, thus reinforcing the position of Asia Pacific as a retail logistics market leader.
North America is the fastest-growing region in the global retail logistics market due to the region's strong e-commerce growth, driven by high internet penetration and consumer demand for faster, more efficient deliveries. Owing to the implementation of technology through, for example, automation, AI-driven logistics solutions, and Real-Time tracking systems, the supply chain is becoming more efficient. The emergence of omnichannel retailing, which combines online and physical shopping, is encouraging retailers to improve their logistical operations. Moreover, the high level of infrastructure development within the region as well as investment in last-mile delivery systems, focus on speed and comfort, such as drones and autonomous vehicles, are fueling the growth of the retail logistics sector in North America at an aggressive pace.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Drivers
Surging Online Demand is Revolutionizing Retail Logistics
Powerhouse Behind Retail Logistics Growth
Restraints
High-Tech Investments Challenge
Poor Transportation Networks and Warehousing Challenges
Request Free Customization of this report to help us to meet your business objectives.
The global retail logistics market presents both dominating companies and radical changes brought by some players into the market. The market is dominated by other international companies such as DHL, FedEx, UPS, and Maersk that have their extensive network and technological advancement to provide their services more efficiently. In addition, there are also regional players who are emerging in the market who are concentrating on last mile delivery and unique services. With the increasing growth of e-commerce, many of these institutions started automation, sustainability, and creation of digital solutions in order not to be left behind.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, there should be no doubt as to why the global retail logistics market is developing and changing at a faster pace; this a consequence of the growth of e-commerce, cutthroat technological growth as well as the customer’s insatiable need for quicker and more flexible delivery of products. The logistics of e-commerce retail is spearheading the growth, even as the logistics of traditional retail is also on the rise, as retailers begin embracing an omnichannel approach.
Key trends like sustainability and omnichannel fulfillment are shaping the market’s future, with companies investing in automation, AI, and eco-friendly solutions to meet shifting consumer expectations. Regional differences, particularly the dominance of Asia-Pacific and the rapid growth in North America, highlight the need for tailored logistics strategies across various markets to maintain competitiveness.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 287.05 Billion |
Market size value in 2032 | USD 815.4 Billion |
Growth Rate | 12.3% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Retail Logistics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Retail Logistics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Retail Logistics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Retail Logistics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG20R2047
sales@skyquestt.com
USA +1 351-333-4748