The Global Cross-Border E-Commerce Logistics market is anticipated to grow at a CAGR of around 11.5% during the forecast period. Logistics have become the core of many businesses that entails two major functions including transportation and warehousing. The major factors that propel the growth of Global Cross-Border E-Commerce Logistics market is the rising focus of the companies on global expansion and the increasing use of cross-border e-commerce logistics for personal parcel shipping, postal packages (UPU), B2C, other industries are some factors that are significantly contributing towards the growth of Global Cross-Border E-Commerce Logistics market. Furthermore, the ever-growing internet penetration is also adding to the growth of the market. However, there are restraining factors that hampers the growth of the market. These factors such as fluctuating prices of crude oil and lack of uniform governance standards in developing and underdeveloped countries is restraining the market to grow.
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COVID-19 pandemic has adversely affected the market growth. Logistics firms, which are involved in the movement, storage, and flow of goods, have been directly affected by the COVID-19. Logistics serves as an integral part of value chains, both within and across international borders. Logistics firms facilitate trade and commerce and help businesses get their products to customers. Such supply chain disruptions to the sector caused by the pandemic have directly affected the growth of the market. COVID-19 caused lockdowns and border closure that affect the movement of good which in turn affected market. For instance, in the European Union, many trucks formed a 37-mile-long lines on the A4 highway after Poland closed its border with Germany in mid-March. In addition to this, in India, the lockdown created a shortage of truck drivers that resulted in over 50,000 containers piling up in the ports of Chennai, Kamajarar, and Kattupalli.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
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
Global Cross-Border E-Commerce Logistics Market Report Segment By Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the Global Cross-Border E-Commerce Logistics market.
- Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
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