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Retail Logistics Market Size, Share & Industry Analysis, By Type (Conventional retail logistics., E-commerce retail logistics), By Solution (Commerce enablement , Supply chain solutions., Reverse logistics & liquidation., Transportation Management., Others), By Mode of Transport (Roadways, Railways, Airways, Waterways) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105944 | Status : Ongoing

 

KEY MARKET INSIGHTS

Retail logistics is the organized process of managing the flow of merchandise from the source of supply of the product to the delivery of the product to the customer. The large retailers in the market supply numerous products that require systematic planning of movement of several goods until they get delivered to the customer. Retail logistics guarantees that everything is organized, and it ensures  to offer better delivery services  at comparatively lower prices by way of efficient logistics services


The demand for retail logistics is experiencing a surge due to the increased global trade activities, particularly in developing economies. Developments in logistics infrastructure are expected to boost the growth of the market. The retail logistics system enables a smooth and efficient flow of non-durable goods and durable goods from various prominent distributors and suppliers to customers. Also, the use of logistics in the retail industry has led to the swift delivery of products with low fulfillment costs. The increase in demand for retail e-commerce services is expected to propel the growth of the retail logistics industry during the forecast period. As an e-commerce platform allows the comparison of products using factors that include specifications, prices, delivery time, features, and compatibility requirements, it becomes easier for customers to compare products from several online sources. The retail logistics services help the retailers to deliver these products in the given amount of time efficiently.

Key Market Driver -

Increasing use of smartphones and e-commerce services, and quick delivery facility provided by the retail logistics are expected to be the major factors driving the growth of the market.

Key Market Restraint -

the lack of proper infrastructure in the retail logistics production supply chain is one of the major factors that restraints the growth of the market.


Market Segmentation:


The global retail logistics market is segmented by e type, by solution, by mode of transport and by region. By type, the market is further sub-segmented into conventional retail logistics and e-commerce retail logistics. The conventional retail logistics segment is anticipated to be the largest and fastest-growing segment in the market. This can be attributed to consumers' continued use of conventional retail logistics in developing countries with limited internet access. The e-commerce segment is expected to be the fastest-growing segment due to the ever-increasing number of smartphone users and expansion of internet services in remote areas. Based on solution, the market is sub-segmented into commerce enablement, supply chain solutions, reverse logistics & liquidation, transportation management, and others. The supply chain solutions segment is anticipated to hold the largest share of the market during the forecast period. The use of fast direct-to-consumer and direct-to-store shipping services reduces the time of delivery of products which is one of the major factors driving the growth of the segment.  Based on the mode of transportation, the market is sub-segmented into roadways, railways, airways, and waterways. The roadways mode of transport accounted for the highest revenue share in the market.  The high share of roadways is attributable to the rapid growth in demand for roadways for long-distance transportation of retail products, particularly in rural areas.

Key Players:


The key players of the retail logistics market include DSV, XPO Logistics, Inc., Kuehne+Nagel International, C.H Robinson Worldwide, Inc., FedEx, APL Logistics Ltd, Nippon Express, Schneider, United Parcel Service, A.P Moller- Maersk and DHL International GmbH.

Key Insights



  • New Advancements in Retail Logistics market.

  • Number of Products, Key Countries, 2020

  • New Product Launches, Key Players


Regional Analysis:


Based on region, the retail logistics market is segmented into Asia Pacific, Europe, North America, and the rest of the world. Asia Pacific is anticipated to register the fastest growth during the forecast period. The high growth of e-commerce services is supported by a large consumer base for retail products in this region. Also, countries such as India, Japan, China, and Australia are among the top exporters of goods and account for a large share of global retail e-commerce sales. Thus, the ever-increasing growth of the e-commerce industry in this region is the primary factor fueling the growth of the market. North America is expected to exhibit steady growth during the forecast period. The presence of major market players such as United Parcel Service and A.P Moller- Maersk  in the region is expected to drive the market's growth. Europe is expected to experience rapid growth in the market during the forecast period due to increased demand for e-commerce retail services.

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Segmentation


























 ATTRIBUTES 

 DETAILS     

By Type



  • Conventional retail logistics.

  • E-commerce retail logistics



By Solution



  • Commerce enablement

  • Supply chain solutions.

  • Reverse logistics & liquidation.

  • Transportation Management.

  • Others



By Mode of Transport



  • Roadways

  • Railways

  • Airways

  • Waterways



By Region



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World






  • Ongoing
  • 2023
  • 2019-2022

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