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NEW YORK, July 11, 2022 /PRNewswire/ — The E-commerce Logistics Market size in the Air Freight & Logistics industry is expected to grow by USD 355.79 billion during the forecasted period. Technavio’s latest market research report estimates that the e-commerce logistics market will progress at a CAGR of 20.44%. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio offers an up-to-date analysis of the current global market scenario and the
overall market environment. Read Sample Report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aramex International LLC, CH Robinson Worldwide Inc., CEVA Logistics AG, Deutsche Post DHL Group, FedEx Corp., Gati Ltd., Kerry Logistics Network Ltd., Kuehne + Nagel International AG, United Parcel Service Inc., and XPO Logistics Inc. are some of the major market participants.
The increase in cross-border e-commerce activities, rise in social commerce, and growth of e-commerce startups will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Download Sample Now!
E-Commerce Logistics Market Vendor Analysis and Scope
To help businesses improve their market position, the e-commerce logistics market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include:
- Aramex International LLC
- CH Robinson Worldwide Inc.
- CEVA Logistics AG
- Deutsche Post DHL Group
- FedEx Corp.
- Gati Ltd.
- Kerry Logistics Network Ltd.
- Kuehne + Nagel International AG
- United Parcel Service Inc.
- XPO Logistics Inc.
Find additional highlights on the growth strategies adopted by vendors and their product
offerings, Read Latest Sample Report.
E-Commerce Logistics Market Segmentation
- Service
- Transportation
- Warehousing
- Others
- Geography
- APAC
- North America
- Europe
- MEA
- South America
The transportation sector will significantly increase its market share in e-commerce logistics. Due to the utilization of many means of transportation, including road, rail, air, and water, transportation is predicted to have the greatest market share in the e-commerce logistics market. As numerous big and small logistics firms concentrate on last-mile delivery, the role of transportation in the entire chain of e-commerce logistics procedures is becoming increasingly important.
Detail Insights on impact of each segment and make informed business
decisions: https://www.technavio.com/talk-to-us?report=IRTNTR44371
E-Commerce Logistics Market Driver and Challenge
One of the main factors boosting the expansion of the global e-commerce logistics market is the rise in cross-border e-commerce operations. Countries like the US, China, Singapore, Indonesia, Australia, France, Mexicoand India have very high levels of cross-border e-commerce. The number of trade corridors is also rising as a result of the expansion of cross-border trade.
Trade corridors are comprehensive transportation systems that connect different geographic areas and encourage trade while fostering economic growth. But one of the things that prevent the global e-commerce logistics business from growing is the high cost of logistics. The overall cost of shipping for e-commerce logistics is rising as a result of the labor shortage and rising fuel prices.
For more information on the market driver and trends – Click here for a sample now!
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Public Warehousing Market by Type and Geography – Forecast and Analysis 2022-2026
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Full story available on Benzinga.com
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