E-Commerce Logistics Market: Overview
The trend of
shopping through online platforms is one of the common methods every individual
is adopting in this digitally backed generation. The offering of an extensive
listing of products has managed to attract every shopper’s significance towards
the e-commerce sites. The e-commerce logistics industry include numerous
components such as transportation, value-added services, and warehousing of
which hauling accounts the major share of the industry is strongly followed by
warehousing and value-added services.
E-Commerce Logistics Market:
Segmentation
The global
e-commerce logistics market is broadly bifurcated on the basis of service type,
transportation. Further based service type, the e-commerce logistics market is
segmented as delivery centers, mega centers, returns processing hubs, and area
wise centers. Moreover, the global e-commerce logistics market is also
bifurcated based diverse transportation modes such as maritime, air/express
delivery, freight/rail, and trucking/over the road.
E-Commerce Logistics Market: Growth
Factors
Consumers
getting exciting offers and cheap deals have kept them connected with the
e-commerce shopping style, while ease in payment and doorstep delivery and
replacement are some of the features that are upholding the momentum of the
e-commerce market. Some of the crucial factors responsible for the indirect
growth of the e-commerce logistics market are growing m-commerce sales,
internet and mobile penetration, highly advanced door-to-door shipping,
convenient payment methods, exciting discounts, and expansion into the new
emerging markets through e-business.
The
inclusion of various advanced technologies such as automated trucks, drones, automated
warehouses, and IoT has placed the e-commerce logistics sector one step ahead
in terms of development and growth. These technologies have significantly
helped to smoothen the overall processing time and have enhanced the logistics
operations. However, adoption of such advanced technologies has motivated the
growth of the e-commerce sector and driving the global logistics market.
Growing consumers inclination on brand consciousness and trustworthy on online
products has helped to the augment the orders and has spurred the growth of the
global logistics market. Steady digital advancement and automation the key
drivers for global e-commerce logistics market.
E-Commerce Logistics Market: Regional
Analysis
According to
demand ratio, Asia Pacific region accounts for the highest demand and providing
immense opportunities for the key players. Growing sales of smartphones and
penetration of internet owing to ease of concern services have motivated the
growth of the global e-commerce logistics market in this region. On the other
side, the dominance of North America region over e-commerce logistics market is
expected to retain the upcoming period owing to the strong hold of the
e-commerce companies since a long time and growing user base.
E-Commerce Logistics Market:
Competitive Players
Some of the
top names motivating the growth in the e-commerce logistics market comprise DHL
International GmbH, FedEx Corporation, Kenco Group, Amazon, Clipper Logistics
Plc., Aramex International, Gati Limited, Ceva Holdings LLC, XPO Logistics,
Inc., United Parcel Service, Inc., and others. In this DHL International GmbH
holds the dominating position in terms of market share.
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