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.
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.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2024-2030
Segment Covered-
- By Logistics Type
- By Solutions Type
- By Mode of Transport
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- FedEx Corp., Deutsche Post AG, Nippon Express, DHL International GmbH, Kuehne + Nagel International AG, among others.
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Global Retail Logistics Market Report Segment
By Logistic Type
- Conventional Retail Logistics
- E-Commerce Retail Logistics
By Solution Type
- Commerce Enablement
- Supply Chain Solutions
- Reverse logistics & liquidation
- Transportation Management
- Others
By Mode of Transport
- Railways
- Airways
- Roadways
- Waterways
Retail Logistics Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- P. Moller - MaerskAPL Logistics Ltd.
- H. Robinson Worldwide, Inc.
- DSV
- Expeditors International of Washington Inc.
- B. Hunt Transport Services Inc.
- Penske Truck Leasing Co. LP
- Ryder System Inc.
- Schneider Electric AG
- United Parcel Service Inc.
- XPO Logistics Inc.
- Robinson Worldwide, Inc.
- DB Schenker
- Geodis
- Kuehne + Nagel International AG
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