In a recent published report, Kenneth Research has updated the market report for E-commerce Logistics Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for E-commerce Logistics Market products.
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Moreover, backed by the increasing demand for high-speed internet amongst the individuals, organizations operating in the field of telecom are increasingly working on deploying 5G network technology, as this technology provides internet access at very high speeds. By 2025, it is estimated that as many as 1.2 billion of total internet connections will account to 5G. Further, one-third of the world is projected to be covered with 5G connectivity by the end of 2025.
The E-commerce Logistics Market is expected to grow with a significant CAGR during the forecast period, i.e. 2021-2025, on the back of growing internet penetration around the world along with the rising adoption of smartphone. The statistics by the GSMA Intelligence stated that the total unique mobile subscribers as on May 2020 around the world was 5.24 billion.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Global E-commerce Logistics market was valued at USD 321.2 billion in the year 2017. Global E-commerce Logistics market is further estimated to grow at a CAGR of 20.5 % from 2018 to 2025 to reach USD 856.1 billion by 2025.
Due to the growth of digitalization there has been a drastic rise in the e-commerce logistics industry in several applications. The major driver effecting this market and lead rise is due to increase in the international e-commerce activities and upcoming new technology, internet availability on the remotest region in the developing nations has led to the growth of this market, various ecommerce companies has started their operation across the globe and this has also led to sudden increase in the logistics industry.
The report focusses on the overall global market and has be bifurcated by operations i.e. Domestic and International Market, further the market has been bifurcated by transportation and warehousing. The major Industry Players in the E-commerce logistics market are ASOS, Alibaba, Amazon, Clipper Logistics, Deutsche Post DHL Group, FedEx, JD.com, John Lewis, Kuehne + Nagel, La Poste (DPD), Mercado Libre, Ocado, Rocket Internet, Royal Mail (GLS), SEKO Logistics, Singapore Post, Souq, UPS, USPS, Walmart, XPO Logistics
By Service type
*Rest of Europe
*Rest of Asia-Pacific
*Middle East & Africa
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