The global e-commerce logistics market is growing at a CAGR of 15.2% during the forecast period. The major factors that are enlarging the growth of the e-commerce logistics market include the rising companies’ focus on geographical expansion and the growing e-commerce industry are some major factors that are contributing significantly towards the growth of the market. Growth in the e-commerce industry has been witnessed owing to the rising internet penetration and busy lifestyle of consumers. As per the United Nations Conference on Trade and Development (UNCTAD), e-commerce sales hit $25.6 trillion globally in 2018, up 8% from 2017.
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Rising cross-border e-commerce sales have also been reported across the countries, including China, the US, UK, and others. Cross-border B2C e-commerce sales amounted to $404 billion in 2018, representing an increase of 7% over 2017. The major e-commerce companies include Amazon, Inc., Alibaba Group Holding Ltd., and eBay Inc. These companies are significantly focusing on expanding their transportation and warehousing capabilities across the countries, including the US, India, and China. This, in turn, contributes to the rising demand for e-commerce logistics services.
However, fluctuating crude oil prices due to geopolitical factors are acting as a major restraining factor for the market growth. Scope for backward integration is providing significant opportunities for market growth. Many companies pursue a backward integration strategy when it is expected to result in improved efficiency and cost savings. Backward integration further supports in strengthening the revenue stream of the company as the acquisitions of the controlled subsidiaries support in reducing the gap of supply and demand.
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Global E-Commerce Logistics Market Segmentation
By Services
· Transportation Services
· Warehousing Services
· Other E-Commerce Logistics Services
By Product
· Baby Products
· Personal Care Products
· Books
· Home Furnishing Products
· Apparel Products
· Electronics Products
· Automotive Products
· Others
By Location
· International
· Local
Regional Analysis
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
Company Profiles
· Australia Post
· Belgian Post Group (Bpost)
· Blue Dart Express Ltd.
· Ecom Express Pvt. Ltd.
· Express Logistics, Inc.
· FD&L Italia
· Gati Ltd.
· GSI Logistics Pvt. Ltd.
· iForce Group Ltd.
· Japan Post Holdings Co., Ltd.
· La Poste
· Logisfashion, S.A.
· Omni Logistics, LLC
· Prologis, Inc.
· Safexpress Pvt. Ltd.
· SEKO Logistics
· SF Express Co., Ltd.
· Singapore Post Ltd. (SingPost)
· United Parcel Services (UPS), Inc.
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