The global eCommerce logistics market is predicted to reach USD 626.23 billion in 2023. It is anticipated to develop at a CAGR of 17.8%, reaching USD 3221.36 billion by 2033. The global eCommerce logistics business is anticipated to be valued at USD 531.6 billion in 2022.
The growth of digital technology has improved the efficiency and impact of eCommerce logistics in a variety of applications. Cross-border trade and the expanding use of the internet, particularly in developing countries, are the two main factors driving the expansion of the eCommerce industry.
Future eCommerce logistics market expansion is aided by the rising demand for door-to-door delivery services and start-up eCommerce businesses.
Individuals are increasingly using eCommerce websites instead of visiting a physical store, to buy anything from groceries to gadgets, furniture, and clothing. The eCommerce logistics business is anticipated to expand prominently as a consequence of increased smartphone penetration, drone delivery, great digitization, and financial applications.
| Attributes | Details |
|---|---|
| eCommerce Logistics Market CAGR (From 2018 to 2022) | 12.8% |
| eCommerce Logistics Market CAGR (From 2023 to 2033) | 17.8% |
| eCommerce Logistics Market Size (2022) | USD 531.6 billion |
| eCommerce Logistics Market Size (2023) | USD 626.23 billion |
| eCommerce Logistics Market Size (2033) | USD 3221.36 billion |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The eCommerce logistics market was expanding at an HCAGR of 12.8% from 2018 to 2022. The eCommerce logistics industry was worth USD 531.6 billion in 2022. The eCommerce logistics business was estimated at USD 328.36 billion in 2018.
Lockdowns and other government restrictions during the epidemic caused consumers and businesses to shift to Internet channels for purchasing, which led to growth in the eCommerce logistics industry. The freight service has grown by roughly 28%.
The market is seeing an increase in demand for delivery logistics companies as a result of the expansion of online enterprises. The eCommerce logistics is anticipated to experience consistent development over the coming years as smartphones, the internet, and online payment apps become widely used.
Market expansion for eCommerce logistics has been fueled by changes in consumer lifestyle, economic growth, and preferences for shopping at one's fingertips.
The latest innovations in eCommerce, such as big data, cloud computing, mobile applications, and social networking, can provide firms with excellent possibilities to reconsider existing business models, redefine their strategy, and create entirely new business models. Another emerging trend that the market noticing is drone delivery in eCommerce.
The online comparison of costs and quantity has increased a consumer's willingness to acquire things online, which has increased the eCommerce logistics business needed. The rapid development of technology and digital business has further resulted in quick delivery methods for firms all over the world.
Automated delivery services and logistics companies are estimated to have a better chance of succeeding in the market, as drones may be able to deliver products on time even in challenging terrain. The expanding potential for business growth as well as the rise of eCommerce warehouses has accelerated the market growth.
eCommerce logistics companies have seen growth both inside and outside of the market due to the unheard-of increase in eCommerce -based enterprises and the constant growth of rivalry among numerous small- to large-scale eCommerce organizations.
Principal Consultant
The market's continued rise in security concerns and data breaches has been negative. Despite rising pollution levels and inventory costs and storage space availability, these factors are impeding the eCommerce logistics industry expansion.
Consumer skepticism about eCommerce services, as well as concerns about eCommerce security, is also impeding market expansion. The obstacles to impede market expansion include a lack of consumer knowledge and worries about system security.
Nowadays, everything is now sold online as a result of the internet phenomenon. This means that practically the entire retail business faces the issue of either learning to embrace or embracing eCommerce.
Certain delivery techniques can be challenging when dealing with eCommerce logistics aside from shipping and payment methods. When payment mechanisms such as COD are used, the likelihood of fraudulent activities, non-payments, and excessive payments increases. It causes the company to lose revenue. As a result of these difficulties, the expansion of the eCommerce logistics industry may be hampered.
The eCommerce logistics industry is predicted to increase significantly throughout the forecast period as IoT systems improve globally. eCommercee logistics has resurfaced as a thriving area, with automated systems to bring to market last-mile locations, creating numerous business prospects.
Consumer desire for fast delivery has been recognized in the industry, driving eCommerce and retail businesses to enhance their speedy shipping requirements. It is also the most time-consuming and expensive process for getting commodities to their final destination because it is frequently the final leg of their journey.
Numerous studies are being done to find out how production, delivery volume, and the environment all interact. Within the next few years, a new autonomous delivery system is anticipated to displace the existing manual delivery system.
eCommerce logistics is anticipated to gain traction among multinational corporations thanks to technical advancements, governmental initiatives, and business management solutions. Increasingly, organizations in the logistics sector are using logistics as a means of accelerating growth as a part of their overall business plans.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
| Segment | Service Type |
|---|---|
| Segment Name | eCommerce Logistics for Transportation |
| Market Share | 58.8% |
The transportation sector is to hold 58.8% of the market throughout the forecast period, according to the projection of Future Market Insights. There is a rising demand for transport services in the eCommerce logistics sector since they provide numerous benefits such as:
As new technologies are developed and applied, the transformation of the transportation sector as well as the logistics sector in eCommerce has been significantly impacted. Modern technology makes it possible to keep track of resource availability and flow patterns in real-time across a range of organizational locations.
Two key characteristics that are propelling the eCommerce logistics industry’s growth and luring customers to the sector are improved customer service and on-time delivery.
Companies may be able to save a lot of money on infrastructure expenditures by utilizing supply chains. It can be very simple to accelerate the adoption of autonomous solutions in the near future.
| Segment | Operational Area |
|---|---|
| Segment Name | Domestic eCommerce Logistics Operation |
| Market Share | 62.1% |
Through 2033, it is anticipated that the domestic eCommerce logistics segment to gain an eCommerce logistics market share of 62.1%. Domestic eCommerce logistics are expanding in the industry as a result of reasons such as the increased demand for home delivery services and the expansion of online shopping.
In recent years, domestic eCommerce logistics have grown due to the rising need for the fast delivery of home goods including groceries, prescription medications, and other items. Together with the domestic eCommerce logistics industry, small retailers are under pressure to remain competitive in the marketplace.
| Attributes | Details |
|---|---|
| China Market CAGR | 19.6% |
| India Market CAGR | 20.8% |
| Japan Market Share | 6% |
Asia Pacific has become the top region for eCommerce services due to the increasing number of consumers. The emergence of cutting-edge technologies like cell phones and the internet in this area has boosted eCommerce logistics demand for companies.
The rising new competitors in the eCommerce space as well as the expansion of accessible logistical choices are just two variables that have influenced the development of the eCommerce logistics business.
Throughout the forecast period, China is to have a sizable global market value. Numerous investments in the domain of regional connectivity infrastructure, including roads, bridges, railway lines, and sports in China are opening up a plethora of new options for the nation.
Between 2023 and 2033, e India eCommerce logistics industry to expand at a CAGR of 20.8%. Market expansion is probably impacted by eCommerce businesses' increasing emphasis on optimizing processes and cutting expenses. Over the specified timeframe, it is anticipated that transportation services like rail and road may aid in the market expansion of the region.
From 2023 to 2033, Japan is anticipated to gain a 6% market share. Consumers in Japan are huge fans of home delivery services. With the opportunity to pick up products from particular locations, such as convenience stores, a delivery service offers everything from the first delivery to re-delivery and sets delivery slots.
| Attributes | Details |
|---|---|
| Europe Market Share | 20.2% |
| United Kingdom Market CAGR | 18.5% |
| Germany Market Share | 4.1% |
Through 2033, Europe may hold a 20.2% share of the global market. The eCommerce logistics demand is being driven by the advent of multiple eCommerce companies, the availability of low-cost cargo, and low-cost acts.
The rise in the popularity of C2C and B2C eCommerce websites has a beneficial effect on the market by increasing demand for domestic and international logistics. Increased consumer online shopping has led to growth in the eCommerce sector, which has an additional impact on the market. Due to its quick shipping, door-to-door service, and substantial discounts, eCommerce websites are growing in popularity, which further helps the market to grow.
The eCommerce logistics sector benefits from rapid urbanization, lifestyle change, a boom in investments, and rising consumer spending.
| Attributes | Details |
|---|---|
| North America Market Share | 23.5% |
| United States Market Share | 20.8% |
During the projected period, a sizable CAGR is to be achieved by North America eCommerce retail market. Due to the strong internet and smartphone penetration in North America region, eCommerce enterprises have numerous options to investigate the eCommerce retail sector. It assists eCommerce businesses in growing their customer base.
The growth of the eCommerce retail business would be hampered by the high cost of reverse logistics and the pricey labor force.
The eCommerce businesses are concerned about the price of reverse logistics in key nations of North America. The businesses operating in the area must contend with high labor costs.
As the eCommerce logistics demand increases quickly, businesses are becoming competitive in an effort to take advantage of the enormous opportunity.
To acquire a competitive advantage, eCommerce logistics manufacturers are taking part in a number of strategic initiatives, including mergers, expansion, and acquisitions. In order to expedite the delivery of goods, eCommerce logistics companies are setting up warehouses in numerous nations throughout the world.
Threat from New Competitors
The threat of new competitors is relatively minimal since there are so many established, significant businesses in the eCommerce logistics industry. These businesses have the funds to invest in the infrastructure and technology required to offer effective services in the eCommerce logistics market.
It is challenging for new competitors to compete because of the relationships that these big businesses already have with their clients and suppliers. There is little danger of new eCommerce logistics manufacturers entering the eCommerce logistics business.
Pivotal Market Advancements:
| Company | MHS Global |
|---|---|
| Strategy | Fortna and MHS Global made a merger |
| Development | A merger between MHS Global and Fortna took place in April 2022 to create a global business that offers services for shipping, warehousing, and distribution. |
| Company | Geodis |
|---|---|
| Strategy | Geodis acquired Singapore-based Keppel Logistics |
| Development | The agreement to purchase Singapore-based Keppel Logistics, which has considerable eCommerce capabilities across Asia and the Pacific, was signed in March 2022 by Geodis, a forwarder with headquarters in France. The agreement encompasses Keppel Logistics' operations in Singapore, Malaysia, and Australia as well as its omnichannel ECommerce subsidiary UrbanFox, according to the company's announcement. |
| Company | DHL Supply Chain |
|---|---|
| Strategy | DHL Supply Chain has formed a strategic alliance with ReverseLogix. |
| Development | March 2022 saw the launch of a strategic agreement between DHL Supply Chain and ReverseLogix, one of the top cloud-based solutions for automating end-to-end reverse logistics for eCommerce firms. The choice was made at a time when DHL Supply Chain is still seeing exceptional development for its eCommerce division, which had a 15% annual growth rate throughout the peak season of 2021 and total national retail returns increased by 78% to more than USD 761 billion. |
| Company | Ruby |
|---|---|
| Strategy | In order to grow its eCommerce Fulfilment business, Ruby purchased Boss Logistics. |
| Development | Ruby purchased Boss Logistics in May 2021 in order to grow its eCommerce fulfillment company. The growth of the eCommerce industry and the consequent rise in shipping needs in the retail sector are related to the expansion. |
| Company | CEVA Logistics |
|---|---|
| Strategy | With the opening of a new warehouse in Bien Hoa City, Vietnam, CEVA Logistics increased its presence in Southeast Asia. |
| Development | By establishing a new warehouse in Bien Hoa City, Vietnam, in February 2021, CEVA Logistics increased its presence in Southeast Asia. The growth aims to satisfy customers' storage and delivery requirements across many industries. CEVA Logistics announced in February 2021 that it would increase its presence in Thailand. To better serve consumers throughout Thailand, the company established a new headquarters in Bangkok. |
| Company | Naqel Express |
|---|---|
| Strategy | Naqel Express has opened new pharma and cold chain warehousing facilities. |
| Development | Naqel Express declared the launch of its new pharmaceutical and cold chain warehouse facilities in Jeddah for November 2020. With a variety of solutions catered to the demands of the healthcare, pharmaceutical, FMCG, and other related industries, the facility maintains the standard standards in the cold chain business. |
In 2023, the overall market is estimated to generate a revenue size of USD 626.23 billion.
The transportation sector generates more than 50% of the total demand for such services.
Due to advanced infrastructure facilities, the United States holds 20.8% of the global market share.
The Europe players together are expected to contribute 20.2% market share by 2033.
India is projected to witness a y-o-y gain of 20.8% in adoption of ecommerce logistics services through 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Service Type 5.1. Warehousing 5.1.1. Mega Centres 5.1.2. Hubs/Delivery Centres 5.1.3. Returns Processing Centres 5.2. Transportation 5.2.1. Air/Express Delivery 5.2.2. Freight/Rail 5.2.3. Trucking/Over Road 5.2.4. Maritime 5.3. Other Services 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Operational Area 6.1. Domestic 6.2. International 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. South Asia 7.5. East Asia 7.6. Oceania 7.7. MEA 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. FedEx Corporation 17.2. DHL International GmbH 17.3. Gati Limited 17.4. Aramex International 17.5. Kenco Group, Inc. 17.6. Clipper Logistics Plc. 17.7. XPO Logistics Plc. 17.8. Agility Public Warehousing Company K.S.C.P. 17.9. United Parcel Service, Inc. 17.10. Ceva Holdings LLC 18. Assumptions & Acronyms Used 19. Research Methodology
Explore Services and Utilities Insights
View Reports
eCommerce Logistics Market
