- March 2019 |
- Supply Chain and Logistics / Logistics
Global E-commerce Logistics Market, by Service Type (Transportation and Warehousing), Operational Area (International and Domestic), by Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Size and Forecast, 2018-2025
Global E-commerce Logistics Market: Overview
The global E-commerce Logistics market is estimated to grow at a significant rate, during the forecast period 2019-2025. E-commerce logistics signifies the latest big driver of change in logistics and physical distribution networks. E-commerce is bringing extensive growth and a landscape of continuing change in managing logistics and supply chain operations. Logistics in e-commerce plays a crucial role. Logistics adds on a competitive edge for e-tailers as it provides a higher degree of control over cost and customer inflow. Further, with shifts happening in e-commerce retail sectors like a larger share of demand expected form of tier II and tier III cities and air to surface movement; existing players are looking at innovative ideas to improve end-to-end logistics.
The rise of cross-border e-commerce activities, Increasing internet, and smartphone penetration and favorable demographics are vital factors expected to encourage the growth of the global E-commerce Logistics market in the upcoming period. Also, Factors like time, last mile delivery, efficiency and advancements in E-commerce technology will shoot the demand for E-commerce logistics in upcoming periods. Times saving, speeding delivery over traditional logistics delivery and flexibility in warehousing spaces are some of the other factors estimated to accelerate the growth of the market in the next few years.
Moreover, with the rise of small and medium enterprises, improvements in foreign direct investment in various countries augmented middle-class living of standard coupled with disposable income will also fuel the growth of E-commerce logistics market in the forecast period. Furthermore, easy payment formulation by e-commerce companies in the form of multiple payment gateways like credit cards & wallets, wide varieties of products and free packets deliveries at comparatively low-price has been influential in the growth of E-commerce Logistics market in upcoming periods.
Moreover, technological advancement, evolving consumer trends and improvement in the logistics system...