Retail Logistics Market Size, Share & Trends Analysis Report By Product
Drawing from trusted sources and expert analysis, this report helps businesses navigate the complex landscape of the retail logistics industry.
What Is The Current Outlook For The Retail Logistics Market By 2025?
The retail logistics market size has grown strongly in recent years. It will grow from $241.33 billion in 2024 to $265.32 billion in 2025 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to increased globalization, growing retail e-commerce business, increasing economic activity, growing retail logistics industry, and increasing use of smartphones.
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What Are The Key Driving Factors For The Growth Of The Retail Logistics Market?
The increasing e-commerce sector is expected to propel the growth of the retail logistics market going forward. The e-commerce sector encompasses all commercial transactions conducted electronically over the internet. The e-commerce sector is growing due to increasing internet penetration, the convenience of online shopping, and expanding digital payment options. Retail logistics in e-commerce ensures efficient storage, management, and delivery of goods, enhancing customer satisfaction through timely and accurate order fulfillment. For instance, in April 2024, according to the European Commission, a Belgium-based governing body, implementing decisions, and upholding the EU treaties, among individuals aged 16–74 surveyed, 92% used the internet in the last year, with 70% purchasing goods or services, marking a 2% increase from 2022. Additionally, 75% of EU internet users bought items online in 2023, highlighting the continued growth of e-commerce. Therefore, the increasing e-commerce sector is driving the growth of the retail logistics market.
Global Retail Logistics Market Report Segmentation
The retail logisticsmarket covered in this report is segmented —
1) By Type: Conventional Retail Logistics, E-Commerce Retail Logistics
2) By Solution: Commerce Enablement, Supply Chain Solutions, Reverse Logistics And Liquidation, Transportation Management, Other Solutions
3) By Mode Of Transport: Railways, Airways, Roadways, Waterways
Subsegments:
1) By Conventional Retail Logistics: In-Store Logistics, Distribution Centers And Warehousing, Inventory Management, Last-Mile Delivery For Physical Stores
2) By E-Commerce Retail Logistics: Fulfillment Centers, Cross-Border E-Commerce Logistics, Return Logistics (Reverse Logistics), Last-Mile Delivery For Online Orders
What Are The Key Trends And Market Opportunities In The Retail Logistics Sector?
Major companies operating in the retail logistics market are developing technologically advanced offerings, such as location intelligence solutions, to better serve customers with advanced features. A location intelligence solution utilizes geographic data to provide insights and analytics for making informed business decisions. For instance, in September 2023, Delhivery, an India-based logistics company, launched LocateOne, an application programming interface (API)-driven location intelligence stack that enhances address data quality and accuracy, particularly improving rooftop precision and addressing fraudulent activities across retail, commerce, fintech, banking, and financial services sectors. Delhivery emphasizes its state-of-the-art solution, powered by patented address disambiguation and identification technology, positioning it to drive operational excellence in commerce. Delhivery views its OS1 platform as crucial in establishing itself as the operating system for commerce, providing businesses with significant opportunities for streamlined operations.
Who Are The Leading Players In The Retail Logistics Market?
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
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Which Region Is Projected To Hold The Largest Market Share In The Global Retail Logistics Market By 2029?
North America was the largest region in the retail logistics market in 2024. 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.
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