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Retail Logistics Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, By Solution, By Mode of Transport : Global Opportunity Analysis and Industry Forecast, 2024-2032

Retail Logistics Market Size, Share, Competitive Landscape and Trend Analysis...

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Retail Logistics Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, By Solution, By Mode of Transport : Global Opportunity Analysis and Industry Forecast, 2024-2032
Retail Logistics Market Size, Share,...
Report Code
RO10/128/1130

Publish Date
30/Apr/2024

Pages
200
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The global retail logistics market revenue was around US$ 270.6 billion in 2023 and is estimated to reach US$ 846.1 billion by 2032, growing at a compound annual growth rate (CAGR) of 13.5% during the forecast period from 2024 to 2032.
Retail logistics is the process of coordinating and managing the movement of materials, and products from suppliers to the final customers in the retail industry. It involves different activities such as transportation, procurement, warehousing, inventory management, and order fulfillment.
Factors Influencing Market Growth
- The globalization of supply chains in the retail industry increases by several factors. Efficient international logistics solutions are indeed essential for retailers to effectively handle their international operations. Furthermore, retailers can also enter new markets as a result of globalization. They may reach a broader audience and serve a variety of clientele by obtaining products from around the world. Thus, this factor drives the market growth.

- The widespread adoption of online shopping and the ongoing growth of e-commerce platforms increase in demand for retail logistics services. Consumers are placing more and more demand on logistics companies to process orders quickly and effectively because online shopping is more convenient and offers a wider product selection. Therefore, this is predicted to boost the market expansion.

- Inadequate transportation infrastructure, such as congested roads, few ports, and badly maintained highways, might delay product delivery, which is expected to impede market expansion.
Study of the COVID-19 Pandemic
The COVID-19 pandemic had a significant impact on the market. Numerous nations implemented lockdowns and travel limitations to curb the virus spread. These actions led to disruptions in supply chains, including transportation restrictions, factory closures, and decreased labor availability. This caused delays in product movement, affecting retailers' ability to fulfill customer orders and restock shelves. Moreover, fluctuating demand patterns and supply chain disruptions made inventory management more difficult. As a result, retailers had to navigate via unpredictable demand shortages, leading to potential stockouts of famous items and overstocking of low-demanded products.
Regional Insights
Asia-Pacific dominates the market in terms of the largest shares. This region is experiencing substantial urbanization, leading to the attention of populations in cities. This trend raises the demand for effective logistics networks to supply products to densely populated areas. Moreover, investments in logistics infrastructure, such as ports, roads, and warehouses, are essential for the efficient movement of products within and between nations. Infrastructure improvements create a positive impact on the market.
Leading Competitors
The leading competitors in the global retail logistics market are:
- Nippon Express Co, Ltd
- DSV
- XPO Logistics Inc.
- C.H. Robinson Worldwide Inc.
- Schneider
- United Parcel Service Inc.
- FedEx Corporation
- Kuehne + Nagel International AG
- APL Logistics Ltd
- DHL International GmbH
- Others
Segmentation Analysis
The global retail logistics market segmentation focuses on Solution, Type, Mode of Transport, and Region.
Segmentation based on Solution
- Commerce Enablement
- Supply Chain Solutions
- Reverse Logistics and Liquidation
- Transportation Management
- Others
Segmentation based on Type
- Conventional Retail Logistics
- E-Commerce Retail Logistics
Segmentation based on Mode of Transport
- Railways
- Airways
- Roadways
- Waterways
Segmentation based on Region

- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa

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