E-Commerce Logistics Market Progress at a Compound Annual Growth Rate of 21.2%, Globally, by 2022

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A new report forecasts that the global e-commerce logistics market is expected to garner $535,895 million by 2022, registering a compound annual growth rate (CAGR) of 21.2% during the period 2016-2022. 

E-Commerce Logistics Market Report, published by Allied Market Research, forecasts that the global e-commerce logistics market is expected to garner $535,895 million by 2022, registering a compound annual growth rate (CAGR) of 21.2% during the period 2016-2022. The transportation service type generated the largest market share in 2015 while warehousing sub-segment is expected to register fastest growth during the forecast period 2016-2022. Asia-Pacific is expected to be the largest market over the forecast period.

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A booming e-commerce industry, execution in third party logistics (3PL), and enhanced relationships between customers and suppliers provide heightened growth avenue for the e-commerce logistics industry. Retailers have revamped their traditional warehouses to cater to the requirements of e-commerce and logistics to improve the store-level inventory accuracy and increase their ability to serve larger consignments. Furthermore, supply chain solutions are being customized to serve the user requirements with the transformed fundamentals of product distribution and advancements in technology. Additionally, business analytics has assisted logistics professionals to increase the speed and efficiency of work processes.

For more information: https://www.alliedmarketresearch.com/e-commerce-logistics-market

The extended execution of supply chain footprint is highly opportunistic for the market growth. However, factors such as high deployment of warehouse management solutions and regulatory issues restrict the market growth to a considerable extent.

Asia-Pacific is the most productive market for e-commerce logistics as compared to others owing to the increasing population, globalization, upsurge in the sales of smartphones, and increasing number of netizens. Furthermore the, Latin America, Middle East Asia (LAMEA) region is projected to grow at the fastest pace over the forecast period owing to technological advancements and rising internet connectivity in the region

In 2015, transportation sub-segment dominated the market; however, warehousing service type is anticipated to witness the fastest growth over the forecast period. The integration of e-commerce logistics with transportation management software (TMS) has boosted the e-commerce logistics market growth. TMS aids in planning deliveries across the supply chain. Furthermore, optimizing the flow of goods and leveraging consolidated capacity have increased the growth potential of the market. Further, the domestic operational area leads the global e-commerce logistics market and international operational area portrays the fastest growth rate in the global market.

Key Findings of the E-Commerce Logistics Market

• Transportation is expected to exhibit a significant growth in the e-commerce logistics market
• Domestic operational area generated the highest revenue as compared to international area and is anticipated to maintain its dominance over the forecast period
• LAMEA is projected to exhibit a substantial growth during the forecast period

The key players in the global e-commerce logistics market include DHL International GmbH, Aramex International, FedEx Corporation, S.F. Express, Gati Limited, Amazon, Kenco Group, Inc., Ceva Holdings LLC, United Parcel Service, Inc., and Clipper Logistics Plc.

By  Ravi Chawat

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About AMR Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.