October 20, 2021

Retail Logistics Market to Drive Growth 12.4% by 2030

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Significant growth in the retail and e-commerce platform has significantly boosted the retail logistics business across the world. Further, rising trend for online purchasing is one of the other major factors that triggers the demand for retail logistics. Online purchasing has boosted the demand for easy and fast delivery and pick of products selected by the customers that prospers the demand for logistics both across nation and cross-border.

Moreover, with the sudden outbreak of COVID-19 in the start of the year 2020 various industries were badly hit by the lockdown scenario across the country, whereas retail logistics seeks profound growth. This has boosted the trend for online shopping because of public isolation that in turn triggered the market growth and hence the retail logistics market witnesses an opportunistic growth over the upcoming years.

According to Precedence Research, the global retail logistics market was estimated at US$ 184.5 billion in 2020 and is projected to reach US$ 465 billion by 2030, registering a CAGR of 12.4 % from 2021 to 2030. The report contains 150+ pages with detailed analysis.

The report 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 study includes drivers and restraints of this global market. It offers a thorough analysis of the market revenue status, growth, future trends, and forecast of the global retail logistics market for the period from 2017 to 2030.

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Report Highlights Details
Market Size US$ 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.

Scope of the Study

This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, product, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Key Insights and Findings:

  1. Partnerships, collaborations, and business expansions remain the major strategies adopted by the leading market players
  2. Asia Pacific dominated the market in terms of revenue in 2020 and is expected to register significant growth over the forecast period. The growth is attributed to the presence of a large consumer base for retail products in the region
  3. The supply chain solution segment accounted for the largest market share in 2020, owing to the rising use of cloud-based supply chain solutions helping in tracking & optimizing transportation and managing returns
  4. The conventional retail logistics segment accounted for the largest market share in 2020, owing to the rising adoption of conventional retail logistics services by consumers having limited dependence on the Internet and therefore prefer buying from conventional retail stores
  5. The supply chain solution segment accounted for the largest market share in 2020, owing to the rising use of cloud-based supply chain solutions helping in tracking & optimizing transportation and managing returns
  6. The market is anticipated to witness substantial growth during the forecast period, owing to the increasing internet penetration and rise in global trade activities
  7. The conventional retail logistics segment accounted for the largest market share in 2020, owing to the rising adoption of conventional retail logistics services by consumers having limited dependence on the Internet and therefore prefer buying from conventional retail stores
  8. The roadways mode of transport accounted for the largest market share in 2020, owing to the growing demand for roadways vehicles in long distances transportation of retails products, especially in domestics regions

COVID-19 Impact:

The industrial report mentions the influence of the ongoing COVID-19 pandemic. The outbreak has caused disturbances in several industries and has hammered the logistics, resulting in delayed deliveries and cancellation of product demand. The retail logistics report proficiently explains the resulting factors and concerns of manufacturers. Researchers have also well-explained how the producers and providers will tackle the ongoing epidemic and the key strategies to be adopted post-pandemic for turning their businesses back to normal.

Key Players:

This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the retail logistics market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Some of the prominent players in the retail logistics market include:

  • 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.

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For the purpose of this study, Precedence Research has segmented the global Retail Logistics Market report on the basis of type, solution, mode of transport, and region:

By Type

  • E-Commerce Retail Logistics
  • Conventional Retail Logistics

By Solution Type

  • Supply Chain Solutions
  • Commerce Enablement
  • Transportation Management
  • Reverse logistics & liquidation
  • Others

By Mode of Transport Type

  • Airways
  • Railways
  • Waterways
  • Roadways

By Regional Type

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France

Asia Pacific

  • China
  • India
  • Japan
  • South Korea

Rest of the World

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.

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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, semi-conductors, chemicals, automotive, and among different ventures present globally.

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