Retail Logistics Market Size, Share, Growth Report 2030

Global Retail Logistics Market: Overview

Retail logistics is a streamlined process of handling complex merchandise flow starting from the source of supply till the delivery of the product to the customer. The giant retailers, in particular, need systematic handling and planning of goods movement till the point of delivery to the customer. Retail logistics assure that the whole process is organized and customers are offered better services at affordable prices.

Report Scope:

Global Retail Logistics Market: Growth Factors

There is a significant spike in demand for retail logistics due to the rushing global trade activities. The retail logistics system facilitates the efficient and smooth flow of durable and non-durable goods from distributors and suppliers to the customers. The ongoing developments in logistics are likely to steer the growth of the global retail logistics market exponentially in the forthcoming years. Apart from that, the logistics will help retailers to offer faster delivery periods at low fulfillment costs and in addition with improved capability to concentrate on service rather than on the administrative tasks. The international retailing market is witnessing extensive competition due to surging globalization. As a result, international retailers are building new stores in developing economies like the Asia Pacific to deal with emerging obstructions. Such initiatives will fuel the trade activities and lower the transportation time and cost, and thereby it will encourage the demand for retail logistics to fast forward product transportation. International retailing is highly flourishing in growing economies as export and import activities scale up the tax revenue, which in turn will accelerate the overall market growth. The growing penetration of the internet has also significantly scaled up the e-commerce opportunity along with trade activities for international retailers. In addition, consumers are also transforming their traditional buying nature, and thereby manufacturers and retailers are adopting retail logistics to meet the emerging landscape. The adoption of multi-modal transportation is likely to offer numerous benefits like a reduced cost for vehicles, decreased cargo, handling period, and lower custom controls. However, the growing adoption of multiple means of transport is likely to be the crucial market trend as it uses rail cars, aircraft, trucks, and ships. However, the combination of this multi-modal transportation can significantly lower inventory costs along with maintaining the merchandise cost under control. However, the outbreak of the Covid-19 pandemic has significantly impacted the growth of the market and enhanced the market profitability manifolds. All these aforementioned factors are likely to exponentially scale up the growth of the global retail logistics market over the forecast period.

Global Retail Logistics Market: Segmentation

The global retail logistics market can be segmented into modes of transport, solutions, type, and regions.

By modes of transport, the market can be segmented into waterways, roadways, airways, railways, and others. The roadways mode of transport segment accounts for the largest share in the global retail logistics market due to the surging demand for roadways vehicles for transportation of retail products for long distances in domestic regions.

By solutions, the market can be segmented into transportation management, reverse logistics & liquidation, supply chain solutions, commerce enablement, and others. The supply chain solution segment holds the largest share in the global retail logistics market as it helps in effectively processing customer returns, personalizing fitting & order fulfillment, optimizing omnichannel operations, and on-time delivery.

By type, the market can be segmented into e-commerce and conventional retail logistics. The conventional retail logistics segment dominates the global retail logistics market due to its growing adoption by consumers as it is not very much dependent on the internet; therefore, conventional retail stores prefer such solutions.

Global Retail Logistics Market: Regional analysis

Asia Pacific accounts for the largest share in the global retail logistics market due to the widening scope of e-commerce along with the presence of a huge customer base for retail products. The growing economies like Australia, China, Japan, and India are among the top exporters for merchandise and hold the largest share in the global retail e-commerce sales. Therefore, the region is expecting strong growth prospects in the forthcoming years. The increasing concentration on enhancing transportation practices and ongoing logistic infrastructure is likely to augment the growth of the regional market in the forthcoming years.

North America is likely to be the fastest-growing region in the global retail logistics market due to the presence of prominent market leaders in the region. Also, the growing initiatives from the government to develop a highly advanced transportation system will further encourage the growth of the regional market.

Global Retail Logistics Market: Competitive Players

Some of the significant players in the global retail logistics market are XPO Logistics Inc., United Parcel Service, Inc., Ryder System Inc., Penske Truck Leasing Co. LP, Kuehne + Nagel International AG, J.B. Hunt Transport Services Inc., FedEx Corp., Expeditors International of Washington Inc., Deutsche Post AG, and C.H. Robinson Worldwide, Inc.

Global Retail Logistics Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.