Retail Logistics

Retail Logistics Market is Set to Grow to $ 465 Billion by 2030 Retail Logistics Market Size, Share and Growth Analysis - Global Industry Analysis, Trends, Regional Outlook, and Forecast 2021 - 2030

Share This Article

[150+ Pages Report] The retail logistics market size in terms of value is projected to reach US$ 465 billion by 2030 from USD 184.5 billion in 2020, at a CAGR of 12.4% between 2021 and 2030, according to a 2021 study by Precedence Research, the Canada based market insight company.

The study provides the overall revenue of the global retail logistics market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global retail logistics market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the retail logistics industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

We customize your report according to your research need. REQUEST SAMPLE OR CUSTOMIZED COPY OF THIS REPORT (Including TOC, List of Tables & Figures, and Chart) @ https://www.precedenceresearch.com/customization/1263

Growth Factors

Surge in global trade activities particularly in the developing nations along with developments in the logistics infrastructure are likely to boost the retail logistics market growth. As per World Trade Organization (WTO) report published in 2019, the share of service sector in the global trade expected to rise by 50% by the year 2040. Additionally, if the developing countries respond faster in the adoption of digital technologies their global hare in retail services expected to surge by 15% by 2040.

Apart from rise in global trade, international retailers are being more competitive in nature owing to rise in globalization. This resulted in increased competition among international retailers in the retail logistics market owing to increased number of stores by these players particularly in the developing countries. This has prominently boosted the global trade activities that also facilitate the transportation sector because of need to transfer raw materials and finished goods to the manufacturing site across various regions. Further, the rising competition among international retailers has also benefited the economic growth of the countries as it boosted the import and export activities within a nation that ultimately leads to increased tax revenue. Hence, the aforementioned factor thrives the growth of retail logistics during the upcoming years.

Report Highlights

  • The Asia Pacific dominated the global retail logistics market in the year 2020 and register a significant growth rate during the forecast period due to propelling market for e-commerce and online shopping
  • North America witnesses considerable growth during the forthcoming years owing to the presence of large number of internationally operating players in the region
  • By type, the conventional retail logistics segment leads the global market with a revenue share of around 59% in the year 2020 and anticipated to maintain the same trend over the analysis period
  • The e-commerce retail logistics exhibits the fastest growth during the upcoming years due to rising penetration of internet that boosts the online sales
  • The supply chain solution segment captured the highest market share in the year 2020 because of optimization in omnichannel operation and on-time delivery of goods
  • The reverse logistics & liquidation segment exhibits a considerable growth during the upcoming years owing to surge in e-commerce business
  • Roadways transportation medium captured the majority of revenue share that more than 52% in the year 2020 attributed to rising demand for road vehicles for long distance transportation.

Report Coverage:

Report Scope Details
Market Size USD 465 Billion by 2030
Growth Rate CAGR of 12.4% from 2021 to 2030
Base Year 2020
Forecast Period 2021 to 2030
Segments Covered Product, Solution, Mode of Transport, Region
Companies Mentioned A.P. Moller – Maersk, APL Logistics Ltd, DSV, C.H. Robinson Worldwide, Inc., DHL International GmbH, FedEx, Nippon Express, Schneider, XPO Logistics, Inc.

Regional Snapshots

The Asia Pacific is the front-runner in the global retail logistics market capturing the highest revenue share of nearly 26% in the year 2020 and anticipated to continue its dominance during the upcoming period. Fast growth of e-commerce business and online shopping in the region is the most important factor that propels the market growth of retail logistics within the region.

E-commerce market in the Asia Pacific region has reached US$ 1.4 trillion in 2020 and estimated to rise at a rapid pace in the coming years because of increasing penetration digital buyers. For instance, China accounts for nearly 63% of the total digital buyers present in the region followed by India and Japan with a share of 10.4% and 9.4% respectively.

On the other hand, North America and Europe are the other prominent regions in the global retail logistics market and captured considerable market revenue share in the year 2019 owing to the presence of top globally renowned logistics players in the region.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global retail logistics market are as follows:

  • A.P. Moller – Maersk
  • APL Logistics Ltd
  • DSV
  • C.H. Robinson Worldwide, Inc.
  • DHL International GmbH
  • Kuehne + Nagel International
  • FedEx
  • Nippon Express
  • United Parcel Service
  • Schneider
  • XPO Logistics, Inc.

Market Segmentation

  • A.P. Moller – Maersk
  • APL Logistics Ltd
  • DSV
  • C.H. Robinson Worldwide, Inc.
  • DHL International GmbH
  • Kuehne + Nagel International
  • FedEx
  • Nippon Express
  • United Parcel Service
  • Schneider
  • XPO Logistics, Inc.

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the retail logistics market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Why should you invest in this report?

If you are aiming to enter the global retail logistics market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for retail logistics are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Purchase This Premium Research Report @ https://www.precedenceresearch.com/checkout/1263

About Us

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defence, among different ventures, present globally.

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Web: https://www.precedenceresearch.com

Blog: https://precedenceresearchnews.wordpress.com

Follow us on LinkedIn | Twitter | Facebook

Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

View all posts by Precedence Research →