This market research includes a detailed segmentation of the global e-commerce logistics market by service type (transportation, warehousing, and others). It also outlines the market shares for key regions like Europe, APAC, North America, and ROW. The leading vendors analyzed in this market study are Aramex, Deutsche Post DHL Group, FedEx, Innotrac, S.F. Express, Sinotrans, and UPS.
Technavio’s market research analysts estimate the global e-commerce logistics market, to grow at a CAGR of around 10% between 2016 and 2020. Of late, the e-commerce vendors are reaching out to logistics service providers (LSPs) as they provide scale and capabilities such as network coverage and speed for delivering items. The trend of e-commerce cross-border online shopping is growing in emerging markets, which is boosting the demand for third-part logistics providers. APAC is the largest market for e-commerce logistics, because of the development of organized retail and e-commerce activities.
The new market research report from Technavio provides a breakdown and analysis of the e-commerce logistics segments by technology.
“The market is witnessing increased collaborations between e-commerce companies and logistics companies. To serve the rapidly expanding e-commerce businesses, companies are entering into strategic partnerships and alliances with the LSPs. Since these collaborations help to strengthen the services provided to the customers, SMEs will be able to augment their global exposure and opportunities, which in turn will result in market growth,” says Sharan Raj, Lead Analyst, Transportation & Logistics, Technavio Research.
The transportation segment is the largest segment in the e-commerce logistics market, and is expected to occupy nearly 40% of the total market share by 2020. This market segment deals with the provision of different modes of transport services such as ground, ocean, air, and rail. The presence of several contract logistics providers compels businesses to efficiently transport goods. The ability of this segment to offer services such as freight forwarding, project logistics, cargo insurance, network planning and optimization, and customs brokerage will result in its impressive market share during the forecast period.
The leading players in the global e-commerce logistics market are Aramex, Deutsche Post DHL Group, FedEx, Innotrac, S.F. Express, Sinotrans, and UPS. This market is highly fragmented due to the presence of multiple large- and small-sized providers. The market is witnessing high competition among domestic and global suppliers in terms of price, delivery time, and service offerings. In this market, most of the vendors try to exploit remote areas as it will help them to augment their revenue generating capacity.
A more detailed analysis is available in the Technavio report, Global e-commerce Logistics Market 2016-2020.
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