Overview and Scope
E-commerce logistics refers to the process of providing shipping services to online businesses, and it involves inventory management, warehousing, packaging, labelling, billing, shipping, payment collection, return, and exchange of delivered products. E-commerce logistics are used to deliver products to online businesses or customers.
Sizing and Forecast
The e-commerce logistics market size has grown rapidly in recent years. It will grow from $659.85 billion in 2023 to $756.25 billion in 2024 at a compound annual growth rate (CAGR) of 14.6%. The growth in the historic period can be attributed to rapid growth of e-commerce, customer expectations for fast and reliable delivery, globalization of e-commerce, inventory management and warehousing solutions.
The e-commerce logistics market size is expected to see rapid growth in the next few years. It will grow to $1289.36 billion in 2028 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to last-mile delivery innovations, e-commerce personalization and customization, sustainability and green logistics, integration of artificial intelligence (ai) and machine learning (ml), blockchain for transparency and security. Major trends in the forecast period include customer expectations, technology integration, last-mile delivery solutions, supply chain visibility.
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Segmentation & Regional Insights
The e-commerce logistics market covered in this report is segmented –
1) By Service Type: Transportation, Warehousing, Value-Added Services
2) By Operational Area: Domestic, International
3) By Delivery Type: Standard Delivery, Same-Day Delivery
4) By Category: Apparels and Lifestyle, Automotive, Books and Periodicals, Engineering, FMCG and Consumer Electronics, Healthcare, Hi-Tech, Other Categories
5) By End-User: B2B, B2C
Asia-Pacific was the largest region in the e-commerce logistics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the e-commerce logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The growth of digital technology is expected to propel the growth of the e-commerce logistics market going forward. Digital technology refers to all electronic tools, automated systems, technological equipment, and resources that generate processes or store data. The proliferation of digital technology has influenced consumer decisions, resulting in a vast volume of e-commerce, which in turn increased the use of e-commerce logistics to ship e-commerce products. For instance, in January 2021, according to technology statistics and facts shared by Zippy Electric, a US-based online content platform for electric vehicles, there were 4.6 billion active internet users globally, encompassing 59% of the world's population. Over 570 websites are produced every minute, for a total of nearly 1.8 billion web pages. Google receives up to 1.2 trillion searches per year and more than 3.5 billion queries every day. Therefore, the digital technology is driving the e-commerce logistics market growth.
Key Industry Players
Major companies operating in the e-commerce logistics market report are DHL International GmbH, Aramex International, FedEx Corporation, S. F. Express (ShunFeng) Co. Ltd, Ceva Holdings LLC, United Parcel Service Inc., Amazon. com Inc., Clipper Logistics PLC., Deutsche Post AG, Gati Limited, C. H. Robinson Worldwide Inc., Kerry Logistics Network Limited, Nippon Express Co Ltd., Kenco Group Inc., Agility Public Warehousing Company K. S. C. P, Blue Dart, Desk To Desk Courier and Cargo, Ekart Logistics, Shadowfax Technologies Ltd., XpressBees, Ecom Express, XPO Logistics Plc., DB Schenker, DSV Panalpina A/S, Expeditors International of Washington Inc., GEODIS, Kuehne + Nagel International AG, Panalpina Welttransport (Holding) AG, Sinotrans Ltd., Yusen Logistics Co. Ltd., ZTO Express (Cayman) Inc.
The e-commerce logistics market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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