The global cross-border e-commerce logistics market is anticipated to grow at a CAGR of 11.5% during the forecast period (2024-2031). The rising focus of the companies to expand into new countries or region globally is propelling the cross-border logistics market to grow rapidly. Expansion of a company in other regions or countries opens doors for many opportunities for its growth in terms of profit as well as customer base. Expansion can be either done through acquisition or merger or by a joint venture or by collaboration of two companies from different region or country and by investment. For instance, in August 2021, eBay partnered with leading software providers including Channel Advisor, Frooition, Just Applications, Pacvue, Push Auction, SoldEazy, Teikametrics and TongTool for online businesses in the U.S., Europe and China to make Promoted Listings Advanced more widely available for sellers. Expansion is one of the most vital factors that is boosting the growth of logistics market globally. Many companies such as Amazon, Fedex, UPS, and others are focusing more on global expansion to penetrate in every corner of the market with their services, that in turn is propelling the growth of the cross-border logistics market.
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The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain competitive in the marketplace. For instance, in July 2021, FedEx Express, a subsidiary of FedEx Corp. invested $100 million equity and came into commercial agreements with a logistics and supply chain services company in India named as Delhivery in order to utilize their combined strengths to unlock India’s international trade potential. This alliance will support in order to expand business in India providing innovative services and solutions with the objective to improve speed, efficiency, and access for FedEx and Delhivery customers.
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Market Coverage
- Segment Covered-
o By Service
o By Product
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- include Amazon, Inc., Alibaba Group Holding Ltd., eBay Inc., Fedex and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Cross-Border E-Commerce Logistics Market Report Segment
By Services
- Parceling
- Sorting
- First Mile Delivery
- Last Mile Delivery
- Warehousing
- Others
By Product
- Apparel
- Automotive
- Baby care
- Book
- Electronic
- Home Furnishing
- Personal Care
- Others
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1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
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