E-Commerce Logistics Market Share, Revenue, Trends, Demand, Growth Strategy, Challenges, Opportunities and Future Competition Till 2033

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E-Commerce Logistics Market Share, Revenue, Trends, Demand, Growth Strategy, Challenges, Opportunities and Future Competition Till 2033: SPER Market Research



 Published: Oct-2023
 Author: SPER Analyst


Retail Logistics Market is projected to be worth USD 920.71 billion by 2033 and is anticipated to surge at a CAGR of 13.71%.

Retail logistics is the processing and arranging of products, materials, and things as they travel from suppliers to final customers. It comprises a multitude of duties such as distribution, order fulfillment, warehousing, inventory management, and logistics to ensure that the relevant things are available in the correct amounts at the right locations and at the right times to satisfy consumer expectations. An entire supply chain must be planned and coordinated, from raw material suppliers to manufacturers, distributors, retailers, and, finally, customers.

Global Retail Logistics Market Driving Factors and Challenges

There are several growth drivers that drive the market growth. The growing popularity of online shopping and the ongoing expansion of e-commerce platforms has increased demand for retail logistics services. Because internet shopping provides convenience and a greater product selection, the pressure on logistics companies to fulfill these orders efficiently and swiftly has increased. Retailers and logistics firms must meet these expectations in order to keep customer loyalty. As a result, there is a larger demand for logistics solutions that guarantee on-time delivery, and firms are frequently pushed to optimize their supply chain and distribution networks. E-commerce businesses must manage their inventory efficiently to minimize stockouts and overstock difficulties.

There are some challenges that hamper the market growth. Inadequate transportation infrastructure, such as poorly maintained roads, limited ports, and congested highways, can cause product delivery delays. Delays could lead to greater holding costs, stockouts, and perhaps dissatisfied customers. Furthermore, supply chain disruptions can be caused by obsolete or insufficient storage infrastructure, such as warehouses and distribution centers. These interruptions can be caused by capacity constraints, a lack of contemporary inventory management systems, and difficulties in coordinating product movement.


Impact of COVID-19 on Global Retail Logistics Market
The COVID-19 outbreak had a significant impact on the retail logistics industry. Many nations imposed lockdowns and travel restrictions to halt the spread of the illness. These measures resulted in supply chain disruptions such as factory shutdowns, transit limitations, and decreased personnel availability. This hindered the flow of goods, making it harder for stores to replenish shelves and meet customer demands.

As traditional retail outlets shuttered or operated at reduced capacity, there was a significant move toward online purchasing. This expansion in e-commerce imposed additional burden on merchants' logistics and fulfillment systems, as they had to respond to rising demand for home deliveries while also managing returns effectively.

Retail Logistics Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; DHL International GmbH, C.H. Robinson Worldwide, Inc., APL Logistics Ltd, FedEx Corporation, XPO Logistics, Inc., Schneider, United Parcel Service, Inc., Nippon Express Co., Ltd., DSV, Kuehne + Nagel International AG.


Global Retail Logistics Market Segmentation:

By Type: Based on the Type, Global Retail Logistics Market is segmented as; Conventional Retail Logistics, E-Commerce Retail Logistics.

By Solution: Based on the Solution, Global Retail Logistics Market is segmented as; Commerce Enablement, Supply Chain Solutions, Reverse Logistics and Liquidation, Transportation Management, Others.

By Mode of Transportation: Based on the Mode of Transportation, Global Retail Logistics Market is segmented as; Railways, Airways, Roadways, Waterways.

By Region: This report also provides the data for key regional segments of North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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