Global Retail Logistics Market Size By Type(Conventional Retail Logistics, E-commerce Retail Logistics), By Solution(Commerce Enablement, Reverse Logistics & Liquidation), By Mode of Transport(Railways, Airways, Roadways), By Geographic Scope And Forecast
Global Retail Logistics Market Size By Type(Conventional Retail Logistics, E-commerce Retail Logistics), By Solution(Commerce Enablement, Reverse Logistics & Liquidation), By Mode of Transport(Railways, Airways, Roadways), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Retail Logistics Market size is anticipated to be at USD xx billion in 2021, it is expected to reach USD xx billion by the end of 2030 at a CAGR of 13.1% from 2023 to 2030.
Due to various factors, including the continued growth of e-commerce and the advancement of omnichannel shopping, the demand for quick and flexible delivery choices has increased. These factors are expending the retail logistics industries. The Global Retail Logistics Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Retail Logistics Market Definition
The retail logistics market includes the processes of handling the flow of materials and goods through various channels from manufacturers to end-consumers. It involves variety of tasks, including storage, delivery, order fulfillment, and inventory control. Retail logistics is crucial to a retailer’s success as it ensures that goods will be delivered on schedule time and in the proper quantities to fulfill the client demand.
As e-commerce has develop, merchants have had to adjust to new distribution outlines and customer outlooks for quick and dependable delivery, which has resulted in a considerable development of the retail logistics business. In order to optimize their supply chains and enhance their logistics operations, retailers have invested in new technologies and approaches, which have opened up new opportunities for logistics service providers and other businesses in the retail ecosystem.
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Retail Logistics Market Overview
COVID-19 has had a significant impact on the retail logistics market. It had resulted in the disruption of the supply chains and also changed the behavior of consumers due to which this market has faced various challenges in surviving COVID-19.
E-commerce keeps booming and we're all shopping across different channels, so it's no surprise we want our deliveries fast and flexible. That's really shaking things up in the retail logistics world! Plus, stores are getting smarter, using cool tech like AI, automation, and the Internet of Things to make their logistics super efficient. On top of that, retailers are trying to be greener to cut down on pollution and please customers who care about the planet. All this, combined with more and more people living in cities, means sustainability is becoming a bigger deal. Looking ahead, expect these trends to keep driving the growth of the retail logistics market.
The complexity of supply chains and the rising costs of labour, warehousing, and transportation are two factors limiting the growth of the retail logistics business. The requirement for compliance with regulations and the persistent scarcity of competent people in the logistics sector are further obstacles to the market’s expansion. Natural catastrophes, geopolitical unrest, and other worldwide events can also affect supply chains and create uncertainty for businesses. These elements have compelled retailers to look for fresh approaches and solutions to streamline their logistical processes and get over these growth-restraining obstacles.
Even with its challenges, the retail logistics world has some exciting potential! The continued boom of e-commerce and the push for omnichannel retail are really fueling the market, as retailers look for faster, more adaptable delivery options. Think smarter supply chains and improved logistics efficiency, thanks to cool new tech like automation and the Internet of Things! Plus, sustainable logistics are becoming a big deal, and with the increasing importance of last-mile delivery, logistics providers can offer retailers and consumers innovative, eco-friendly solutions. All these factors point towards growth in the retail logistics industry!
Retail Logistics MarketSegmentation Analysis
The retail logistics market is segmented by type, solution, mode of transport, and region.
Retail Logistics Market, By Type
Conventional Retail Logistics
E-commerce Retail Logistics
The conventional retail logistics segment is leading the market and is expected to grow more in the coming years. Due to increasing applications of conventional retail logistics, this segment is growing continuously.
Retail Logistics Market, By Solution
Commerce Enablement
Reverse Logistics & Liquidation
Supply Chain Solutions
Transportation Management
Others
The supply chain solutions segment is rapidly developing in this market. Besides this, the reverse logistics and liquidation segment is also expected to grow more in the forecast period.
Retail Logistics Market, By Mode of Transport
Railways
Airways
Roadways
Waterways
Roadways mode of transport is being widely used in the retail logistics market. This has increased the growth of this segment in the global market.
Retail Logistics Market, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Asia Pacific region is expected to witness higher growth in the retail logistic market. Due to having the largest consumer base, the Asia Pacific region is also growing its retail logistics market and dominating the world.
Key Players
The key players in the retail logistics market are XPO Logistics, DSV, CH Robinson Worldwide Inc., United Parcel Service, Walmart, APL Logistics Ltd, Schneider, Nippon Express, and DHL International GmbH.
Key Developments
In September 2021, DHL completed its first successful flight based on an unmanned aerial vehicle delivery system. It has used drones to deliver packages to consumers living in remote areas.
In August 2021, Walmart started a partnership with Argo AI and Ford in order to launch an autonomous vehicle delivery system with enhanced features in 3 cities in the US.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2019-2030
BASE YEAR
2022
FORECAST PERIOD
2023-2030
HISTORICAL PERIOD
2019-2021
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
XPO Logistics, DSV, CH Robinson Worldwide Inc., United Parcel Service, Walmart, APL Logistics Ltd, Schneider, Nippon Express, and DHL International GmbH.
SEGMENTS COVERED
By Type, By Solution, By Mode of Transport, and By Geography.
CUSTOMIZATION SCOPE
Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope
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We take a deep dive into the Market, looking at it from every angle, using both numbers and real-world factors to break it down into different segments. We'll give you the Market value (in USD Billion) for each of these segments and sub-segments. Plus, we'll pinpoint the region and segment that's expected to grow the fastest and be the biggest player. Our geographic analysis highlights where the product/service is being used the most and what's influencing the Market in each area. We also cover the competitive landscape, including who's on top, recent launches, partnerships, expansions, and acquisitions over the last five years. Expect detailed company profiles with overviews, insights, benchmarking, and SWOT analysis for the major players. We'll give you our take on the current and future Market, considering recent happenings, growth opportunities, what's driving it all, and the challenges ahead in both new and established regions. You'll also get an in-depth look at the Market through Porter's five forces analysis, and we'll walk you through the Value Chain to give you even more insight. Finally, we'll lay out the Market dynamics and potential growth areas for the future, and we'll back it all up with 6 months of analyst support after the sale.
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