The global retail logistics market is anticipated to grow at a substantial CAGR of 12.1% during the forecast period. The increasing e-Commerce market is one of the major reasons for augmenting the retail logistic market during the forecast period. The introduction of prominent e-commerce companies across the globe such as FedEx Corp, and DHL International GmbH, among others, is also expected to provide a substantial growth rate to the e-commerce and its retail logistic market. The increase in the retail logistics market across the globe is directly affected by the rising adoption of e-commerce in emerging economies such as China and India. For instance, in 2019, China's annual Singles Day online shopping bonanza brought in a record $38 billion in sales for Alibaba, the biggest e-commerce company in the country.
Browse the full report description of “Retail Logistics Market Size, Share & Trends Analysis Report by Logistics Type (Conventional Retail Logistics and E-Commerce Retail Logistics), by Solution Type (Commerce Enablement, Supply Chain Solutions, Reverse logistics & liquidation, Transportation Management, and Others), and by Mode of Transport (Railways, Airways, Roadways, and Waterways) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/retail-logistics-market
The sales and discounts provided by the e-commerce companies are another major factor for the high adoption rate of these websites, which in turn boosts the retail market growth. Further, in 2019, the Indian e-commerce industry saw a massive boost when the two biggest companies in the country Amazon and Flipkart generated a huge collection of $3 billion in just 6 days. Moreover, apart from Asia-Pacific, the e-commerce industry has gained a tremendous foothold in America as well as Europe. For instance, according to data released by Adobe Analytics, in November 2019, Shoppers spent $4.2 billion online on Thanksgiving Day sales in the US, a 14.5% increase from last year and a record high.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Logistics Type
o By Solutions Type
o By Mode of Transport
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- FedEx Corp., Deutsche Post AG, Nippon Express, DHL International GmbH, Kuehne + Nagel International AG, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Retail Logistics Market Report Segment
By Logistic Type
By Solution Type
By Mode of Transport
Global Retail Logistics Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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