Reverse logistics market is anticipated to grow at a CAGR of 8.0% during the forecast period. Reverse Logistics Market research report reveals important insights into market scenario to enable key players in taking calculated decision making. Basically, one of the major purposes of market research reports is to maximize the business growth opportunities. It also helps key players to turn business into a successful business by increasing the profit level. The overall business goal can be accomplished through this Reverse Logistics Market study report as it consists of all the current happenings and major innovations of the marketplace. Depending on the overall business objective, it is important to reduce business risks to generate larger revenues in the business. Several regions are captured in this Market report which includes North America, Europe, Middle East, Africa, Latin America and Asia Pacific.
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The automotive sub-segment is anticipated to hold a considerable share of the market. The increase in the adoption of electric vehicles (EVs) drives the number of EV batteries across the globe. The batteries at the end of life requires to be recycled which creates an opportunity for the growth of the reverse logistics market. For instance, in May 2021, MG Motor India and Attero announced a partnership for recycling EV batteries. Under the partnership, Attero will provide reverse logistics, refurbishing, and recycling solutions to MG Motor India. Automotive manufacturers are adopting reverse logistics services to reduce e-waste and ensure passenger safety.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Reverse Logistics Market Report Segment
By Return Type
- Recalls
- Commercial Returns
- Repairable Returns
- End-of-use Returns
- End of life return
By End-User
- E-Commerce
- Retail
- Automotive
- Consumer Electronics
- Pharmaceutical
- Other (Luxury Goods)
By Service
- Transportation
- Warehousing
- Reselling
- Replacement Management
- Refund Management Authorization
- Others (Packaging, Refurbishment of Goods)
Global Reverse 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 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global reverse 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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