Impact Of E-Commerce Growth On Retail Logistics Market Driver:
Retail Logistics
What market dynamics are playing a key role in accelerating the growth of the retail logistics market?
The increasing e-commerce sector is expected to propel the growth of the retail logistics market. E-commerce, which involves online transactions, is growing due to improved internet access and digital payment systems. Retail logistics ensures the efficient storage, management, and delivery of products, helping to meet customer expectations. The European Commission reported in April 2024 that 75% of EU internet users purchased items online in 2023, highlighting the continued growth of e-commerce. This growth is supporting the retail logistics market.
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How will the growth rate of the retail logistics market shape industry trends by 2034?
The retail logistics market has seen rapid growth in recent years. It will grow from $241.33 billion in 2024 to $266.74 billion in 2025, reflecting a CAGR of 10.5%. This growth is attributed to globalization, the rise of retail e-commerce, increased economic activity, expansion in the retail logistics industry, and the growing use of smartphones.
The retail logistics market is expected to reach $394.1 billion by 2029 at a CAGR of 10.2%. Growth is driven by the need for efficient order fulfillment, supplier coordination, growing urban populations, and increased disposable income. Trends include robotics adoption, last-mile delivery innovations, sustainability efforts, omnichannel integration, and same-day delivery services.
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What trends are poised to drive the future success of the retail logistics market?
Companies in the retail logistics market are creating advanced solutions like location intelligence systems to improve customer service with enhanced features. Location intelligence uses geographic data for informed business decisions. For example, in September 2023, Delhivery, an India-based logistics firm, launched LocateOne, an API-driven location intelligence solution that enhances address data accuracy, focusing on rooftop precision and reducing fraud. This solution, backed by patented address disambiguation technology, aims to streamline retail, e-commerce, and financial operations, driving operational excellence in commerce.
Which primary segments of the retail logistics market are driving growth and industry transformations?
The retail logistics market covered in this report is segmented -
1) By Type: Conventional Retail Logistics, E-Commerce Retail Logistics
2) By Solution: Commerce Enablement, Supply Chain Solutions, Reverse Logistics And Liquidation, Transportation Management, Other Solutions
3) By Mode Of Transport: Railways, Airways, Roadways, Waterways
Subsegments:
1) By Conventional Retail Logistics: In-Store Logistics, Distribution Centers And Warehousing, Inventory Management, Last-Mile Delivery For Physical Stores
2) By E-Commerce Retail Logistics: Fulfillment Centers, Cross-Border E-Commerce Logistics, Return Logistics (Reverse Logistics), Last-Mile Delivery For Online Orders
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Which geographical regions are pioneering growth in the retail logistics market?
North America was the largest region in the retail logistics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the retail logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the retail logistics market landscape?
Major companies operating in the retail logistics market are United Parcel Service Of America Inc., FedEx Corp., DHL International GmbH, A.P. Moller - Maersk AS, Delhivery Pvt. Ltd., DSV AS, C.H. Robinson Worldwide Inc., Nippon Express Co. Ltd., Expeditors International of Washington Inc., J.B. Hunt Transport Services Inc., Ryder System Inc., GXO Logistics Inc., XPO Logistics Inc., Lineage Inc., Americold Logistics Inc., APL Logistics Ltd., Blue Dart Express Ltd., Rhenus Logistics Sarl, ACT Fulfillment Inc., Freight Tiger, Safexpress Pvt. Ltd., NTC Logistics Pte Ltd., Avg Logistics, Secured Delivery Services, Ark India
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What Is Covered In The Retail Logistics Global Market Report?
•Market Size Forecast: Examine the retail logistics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the retail logistics market for a structured understanding.
•Key Players Overview: Analyze major players in the retail logistics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the retail logistics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the retail logistics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the retail logistics market.
•Industry Challenges: Identify potential risks and obstacles affecting the retail logistics market.
•Competitive Landscape: Review strategic developments in the retail logistics market, including expansions, agreements, and new product launches.
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