This Retail Logistics market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The retail logistics market size has grown rapidly in recent years. It will grow from $221.92 billion in 2023 to $241.33 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth during the historic period can be attributed to factors such as increased globalization, the expansion of the retail e-commerce sector, rising economic activity, the growth of the retail logistics industry, and the increasing use of smartphones.
The retail logistics market size is expected to see rapid growth in the next few years. It will grow to $357.81 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. The growth during the forecast period can be attributed to the need for efficient order fulfillment, effective coordination of suppliers, growing urban populations, regulatory constraints, and rising disposable income. Key trends in the forecast period include the adoption of robotics, innovations in last-mile delivery, sustainability initiatives, omnichannel integration, and same-day and hyperlocal deliveries.
The growth of the retail logistics market is anticipated to be driven by the expanding e-commerce sector. E-commerce includes all commercial transactions conducted electronically over the internet. This sector is experiencing growth due to increasing internet access, the convenience of online shopping, and the expansion of digital payment options. Retail logistics in e-commerce focuses on the efficient storage, management, and delivery of goods, which enhances customer satisfaction through timely and accurate order fulfillment. For example, a report published by the International Trade Administration in October 2021 projected that e-commerce for consumer goods would account for approximately 22% of total global retail sales by 2024, with an average annual growth rate of over 1%. Additionally, global retail e-commerce sales are expected to grow steadily at a rate of 8% through 2024. Consequently, the expanding e-commerce sector is propelling the growth of the retail logistics market.
Major companies in the retail logistics market are developing technologically advanced solutions, such as location intelligence tools, to enhance customer service with advanced features. A location intelligence solution leverages geographic data to offer insights and analytics for making informed business decisions. For example, in September 2023, Delhivery, an India-based logistics company, introduced LocateOne, an API-driven location intelligence stack that improves address data quality and accuracy, particularly by enhancing rooftop precision and reducing fraudulent activities across sectors such as retail, commerce, fintech, banking, and financial services. Delhivery highlights its cutting-edge solution, supported by patented address disambiguation and identification technology, as a key driver of operational excellence in commerce. The company views its OS1 platform as essential for establishing itself as the operating system for commerce, offering businesses significant opportunities for streamlined operations.
In July 2023, Swiggy, an India-based online food ordering and delivery service, acquired LYNK for an undisclosed amount. This acquisition allows Swiggy to enter India’s food and grocery retail market, one of the largest and fastest-growing markets globally. Following the acquisition, LYNK intends to rapidly expand its platform by leveraging Swiggy's technological and logistical expertise. LYNK is an India-based provider of retail logistics services.
Major companies operating in the retail logistics market are United Parcel Service Of America Inc., FedEx Corp., DHL International GmbH, A.P. Moller - Maersk AS, Delhivery Pvt. Ltd., DSV AS, C.H. Robinson Worldwide Inc., Nippon Express Co. Ltd., Expeditors International of Washington Inc., J.B. Hunt Transport Services Inc., Ryder System Inc., GXO Logistics Inc., XPO Logistics Inc., Lineage Inc., Americold Logistics Inc., APL Logistics Ltd., Blue Dart Express Ltd., Rhenus Logistics Sarl, ACT Fulfillment Inc., Freight Tiger, Safexpress Pvt. Ltd., NTC Logistics Pte Ltd., Avg Logistics, Secured Delivery Services, Ark India.
North America was the largest region in the retail logistics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the retail logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the retail logistics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Retail logistics involves managing the flow of goods and services from their point of origin to their final point of consumption within the retail supply chain. It encompasses all activities related to organizing, executing, and overseeing the storage, forward and reverse movement, and efficient handling of information associated with the goods and services, ensuring they meet consumer demands.
The primary types of retail logistics are conventional retail logistics and e-commerce retail logistics. Conventional retail logistics involves managing the flow of goods from manufacturers to physical retail stores, including transportation, warehousing, and inventory management. It offers a range of solutions, such as commerce enablement, supply chain solutions, reverse logistics and liquidation, transportation management, and more. This type of logistics utilizes various modes of transport, including railways, airways, roadways, and waterways.
The retail logistics market research report is one of a series of new reports that provides retail logistics market statistics, including retail logistics industry global market size, regional shares, competitors with a retail logistics market share, detailed retail logistics market segments, market trends and opportunities, and any further data you may need to thrive in the retail logistics industry. This retail logistics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The retail logistics market includes revenues earned by entities by providing services such as warehousing and distribution, order fulfillment, supply chain visibility, and vendor management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The retail logistics market size has grown rapidly in recent years. It will grow from $221.92 billion in 2023 to $241.33 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth during the historic period can be attributed to factors such as increased globalization, the expansion of the retail e-commerce sector, rising economic activity, the growth of the retail logistics industry, and the increasing use of smartphones.
The retail logistics market size is expected to see rapid growth in the next few years. It will grow to $357.81 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. The growth during the forecast period can be attributed to the need for efficient order fulfillment, effective coordination of suppliers, growing urban populations, regulatory constraints, and rising disposable income. Key trends in the forecast period include the adoption of robotics, innovations in last-mile delivery, sustainability initiatives, omnichannel integration, and same-day and hyperlocal deliveries.
The growth of the retail logistics market is anticipated to be driven by the expanding e-commerce sector. E-commerce includes all commercial transactions conducted electronically over the internet. This sector is experiencing growth due to increasing internet access, the convenience of online shopping, and the expansion of digital payment options. Retail logistics in e-commerce focuses on the efficient storage, management, and delivery of goods, which enhances customer satisfaction through timely and accurate order fulfillment. For example, a report published by the International Trade Administration in October 2021 projected that e-commerce for consumer goods would account for approximately 22% of total global retail sales by 2024, with an average annual growth rate of over 1%. Additionally, global retail e-commerce sales are expected to grow steadily at a rate of 8% through 2024. Consequently, the expanding e-commerce sector is propelling the growth of the retail logistics market.
Major companies in the retail logistics market are developing technologically advanced solutions, such as location intelligence tools, to enhance customer service with advanced features. A location intelligence solution leverages geographic data to offer insights and analytics for making informed business decisions. For example, in September 2023, Delhivery, an India-based logistics company, introduced LocateOne, an API-driven location intelligence stack that improves address data quality and accuracy, particularly by enhancing rooftop precision and reducing fraudulent activities across sectors such as retail, commerce, fintech, banking, and financial services. Delhivery highlights its cutting-edge solution, supported by patented address disambiguation and identification technology, as a key driver of operational excellence in commerce. The company views its OS1 platform as essential for establishing itself as the operating system for commerce, offering businesses significant opportunities for streamlined operations.
In July 2023, Swiggy, an India-based online food ordering and delivery service, acquired LYNK for an undisclosed amount. This acquisition allows Swiggy to enter India’s food and grocery retail market, one of the largest and fastest-growing markets globally. Following the acquisition, LYNK intends to rapidly expand its platform by leveraging Swiggy's technological and logistical expertise. LYNK is an India-based provider of retail logistics services.
Major companies operating in the retail logistics market are United Parcel Service Of America Inc., FedEx Corp., DHL International GmbH, A.P. Moller - Maersk AS, Delhivery Pvt. Ltd., DSV AS, C.H. Robinson Worldwide Inc., Nippon Express Co. Ltd., Expeditors International of Washington Inc., J.B. Hunt Transport Services Inc., Ryder System Inc., GXO Logistics Inc., XPO Logistics Inc., Lineage Inc., Americold Logistics Inc., APL Logistics Ltd., Blue Dart Express Ltd., Rhenus Logistics Sarl, ACT Fulfillment Inc., Freight Tiger, Safexpress Pvt. Ltd., NTC Logistics Pte Ltd., Avg Logistics, Secured Delivery Services, Ark India.
North America was the largest region in the retail logistics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the retail logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the retail logistics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Retail logistics involves managing the flow of goods and services from their point of origin to their final point of consumption within the retail supply chain. It encompasses all activities related to organizing, executing, and overseeing the storage, forward and reverse movement, and efficient handling of information associated with the goods and services, ensuring they meet consumer demands.
The primary types of retail logistics are conventional retail logistics and e-commerce retail logistics. Conventional retail logistics involves managing the flow of goods from manufacturers to physical retail stores, including transportation, warehousing, and inventory management. It offers a range of solutions, such as commerce enablement, supply chain solutions, reverse logistics and liquidation, transportation management, and more. This type of logistics utilizes various modes of transport, including railways, airways, roadways, and waterways.
The retail logistics market research report is one of a series of new reports that provides retail logistics market statistics, including retail logistics industry global market size, regional shares, competitors with a retail logistics market share, detailed retail logistics market segments, market trends and opportunities, and any further data you may need to thrive in the retail logistics industry. This retail logistics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The retail logistics market includes revenues earned by entities by providing services such as warehousing and distribution, order fulfillment, supply chain visibility, and vendor management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Retail Logistics Market Characteristics3. Retail Logistics Market Trends and Strategies32. Global Retail Logistics Market Competitive Benchmarking33. Global Retail Logistics Market Competitive Dashboard34. Key Mergers and Acquisitions in the Retail Logistics Market
4. Retail Logistics Market - Macro Economic Scenario
5. Global Retail Logistics Market Size and Growth
6. Retail Logistics Market Segmentation
7. Retail Logistics Market Regional and Country Analysis
8. Asia-Pacific Retail Logistics Market
9. China Retail Logistics Market
10. India Retail Logistics Market
11. Japan Retail Logistics Market
12. Australia Retail Logistics Market
13. Indonesia Retail Logistics Market
14. South Korea Retail Logistics Market
15. Western Europe Retail Logistics Market
16. UK Retail Logistics Market
17. Germany Retail Logistics Market
18. France Retail Logistics Market
19. Italy Retail Logistics Market
20. Spain Retail Logistics Market
21. Eastern Europe Retail Logistics Market
22. Russia Retail Logistics Market
23. North America Retail Logistics Market
24. USA Retail Logistics Market
25. Canada Retail Logistics Market
26. South America Retail Logistics Market
27. Brazil Retail Logistics Market
28. Middle East Retail Logistics Market
29. Africa Retail Logistics Market
30. Retail Logistics Market Competitive Landscape and Company Profiles
31. Retail Logistics Market Other Major and Innovative Companies
35. Retail Logistics Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Retail Logistics Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on retail logistics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for retail logistics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The retail logistics market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Conventional Retail Logistics; E-Commerce Retail Logistics2) By Solution: Commerce Enablement; Supply Chain Solutions; Reverse Logistics And Liquidation; Transportation Management; Other Solutions
3) By Mode Of Transport: Railways; Airways; Roadways; Waterways
Key Companies Mentioned: United Parcel Service Of America Inc.; FedEx Corp.; DHL International GmbH; A.P. Moller - Maersk AS; Delhivery Pvt. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies profiled in this Retail Logistics market report include:- United Parcel Service Of America Inc.
- FedEx Corp.
- DHL International GmbH
- A.P. Moller - Maersk AS
- Delhivery Pvt. Ltd.
- DSV AS
- C.H. Robinson Worldwide Inc.
- Nippon Express Co. Ltd.
- Expeditors International of Washington Inc.
- J.B. Hunt Transport Services Inc.
- Ryder System Inc.
- GXO Logistics Inc.
- XPO Logistics Inc.
- Lineage Inc.
- Americold Logistics Inc.
- APL Logistics Ltd.
- Blue Dart Express Ltd.
- Rhenus Logistics Sarl
- ACT Fulfillment Inc.
- Freight Tiger
- Safexpress Pvt. Ltd.
- NTC Logistics Pte Ltd.
- Avg Logistics
- Secured Delivery Services
- Ark India
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | November 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 241.33 Billion |
Forecasted Market Value ( USD | $ 357.81 Billion |
Compound Annual Growth Rate | 10.3% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |