DUBLIN--(BUSINESS WIRE)--Oct 3, 2022--
The "E-commerce Logistics Market Size, Share & Trends Analysis Report by Service Type (Transportation, Warehousing), by Type (Forward, Reverse), by Model (3PL, 4PL), by Operation, by Vertical, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The global e-commerce logistics market size is anticipated to reach USD 1,396.56 billion by 2030, according to the new report. The market is expected to witness a CAGR of 20.4% from 2022 to 2030. E-commerce logistics refers to various processes such as warehousing, transportation, inventory management, labeling and packaging, invoicing, shipping, etc. Due to the continuing growth in demand for e-commerce services, there has been a subsequent rise in demand for e-commerce logistics.
E-commerce sales have been expanding considerably, nearly doubling their share in global retail sales in the past five years. The market shares of e-commerce sales increased from 15.6% of total retail sales in 2017 to 31.8% of the total retail sales in 2020. Moreover, the retail market especially e-commerce retailing is getting highly competitive. Amazon and Walmart are the top e-commerce retailers. In 2020, Amazon surpassed Walmart to be the largest retailer in the U.S. Amazon's online sales represent 14.1% of the total online sales in the U.S.
The adoption of technologies such as blockchain, bar code technology, Electronic Data Interchange (EDI), and Radio Frequency Identification Technology (RFID) in e-commerce logistics is improving the efficiency and reliability of e-commerce logistics operations. Technologies such as RFID, Global Positioning Systems (GPS), and Global Information Systems (GIS) have facilitated the tracking of shipments in real-time. This factor has contributed to the increased confidence in logistics service providers.
The e-commerce logistics market is anticipated to expand exponentially over the forecast period due to factors such as rising smartphone penetration, drone deliveries, greater digitization, language diversity of e-commerce platforms, and the rise of digital payment methods such as smart cards, e-wallets, and net banking.
E-commerce Logistics Market Report Highlights
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Industry Outlook
Chapter 4 E-commerce Logistics Market: Service Type Estimates & Trend Analysis
Chapter 5 E-commerce Logistics Market: Type Estimates & Trend Analysis
Chapter 6 E-commerce Logistics Market: Model Estimates & Trend Analysis
Chapter 7 E-commerce Logistics Market: Operation Estimates & Trend Analysis
Chapter 8 E-commerce Logistics Market: Vertical Estimates & Trend Analysis
Chapter 9 E-commerce Logistics Market: Regional Estimates & Trend Analysis
Chapter 10 Competitive Landscape
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/jug04x
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SOURCE: Research and Markets
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