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Oct 17, 2024

E-Commerce Logistics Market Share Will Hit USD 1,437.9 Billion By 2032 | Growth With Recent Trends & Demand - The Globe and Mail

Attributes and Key Statistics of the E-Commerce Logistics Market Report by IMARC Group: Base Year: 2023 Forecast Years: 2024-2032 Historical Years: 2018-2023 Units: USD Billion Market Size in 2023:

Attributes and Key Statistics of the E-Commerce Logistics Market Report by IMARC Group:

Base Year: 2023

Forecast Years: 2024-2032

Historical Years: 2018-2023

Units: USD Billion

Market Size in 2023: USD 431.6 Billion

Market Forecast in 2032: USD 1,437.9 Billion

Market Compound Annual Growth Rate 2024-2032: 13.9%

IMARC Group’s latest research report, titled “E-Commerce Logistics Market Report by Product (Baby Products, Personal Care Products, Books, Home Furnishing Products, Apparel Products, Electronics Products, Automotive Products, and Others), Service Type (Transportation, Warehousing), Operational Area (International, Domestic), and Region 2024-2032,” offers a comprehensive analysis of the e-commerce logistics market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. the global e-commerce logistics market size reached US$ 431.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,437.9 Billion by 2032, exhibiting a growth rate (CAGR) of 13.9% during 2024-2032.

E-Commerce Logistics Market Trends:

The global market is experiencing significant growth due to continuous rise in online shopping. Moreover, advancements in technology, such as real-time tracking and automation, are streamlining operations and enhancing customer experiences. Furthermore, the growing demand for cross-border e-commerce is necessitating the development of specialized logistics solutions to manage international shipments efficiently.

Additionally, the shift towards faster delivery options, including same-day and next-day services, is pushing companies to optimize their logistics networks. Besides, the expansion of the mobile commerce sector is further propelling the need for agile logistics frameworks. Additionally, the integration of data analytics in supply chain management is enabling better inventory management and route optimization. Moreover, increasing consumer expectations for seamless and reliable delivery services are driving the growth of advanced logistics infrastructure.

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An In-Depth Analysis of Prominent E-Commerce Logistics Companies in the Industry by IMARC Group:

Global E-Commerce Logistics Market Scope and Growth Analysis:

The scope of the market is expanding due to growing adoption of advanced technologies, such as artificial intelligence, blockchain, and IoT. Moreover, the growing trend of omnichannel retailing, which integrates online and offline channels, is expanding the logistical needs of businesses, thus augmenting the market. Additionally, the rise in demand for sustainable and eco-friendly logistics solutions is encouraging innovation in this sector.

Urbanization and the growth of smart cities are also contributing to the market’s expansion, as companies seek to optimize last-mile deliveries in densely populated areas. Furthermore, the increasing number of small and medium-sized enterprises entering the e-commerce space is widening the market's scope, creating demand for scalable logistics services. Besides, the development of specialized services, such as temperature-controlled logistics for perishable goods, is creating new avenues for growth within this sector.

Access the Comprehensive Report Featuring Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/e-commerce-logistics-market

E-Commerce Logistics Market Report Segmentation:

Breakup by Product:

According to the report, Apparel Products have been identified as holding the largest market share.

Breakup by Service Type:

According to the report, Transportation have been identified as holding the largest market share.

Breakup by Operational Area:

According to the report, Domestic has been identified as holding the largest market segment.

Breakup by Region:

Asia Pacific leads the market, accounting for the largest e-commerce logistics market share.

Key highlights of the Report:

Major Advantages of the Report:

Why Choose IMARC Group:

Note: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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