Global Retail Logistics Market by Type (Conventional Retail Logistics and E-Commerce Retail Logistics), By Solutions (Commerce enablement, Supply Chain Solutions, Reverse logistics & liquidation and Transportation Management), By Mode of Transport (Railways, Airways, Roadways and Waterways), and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Global Retail Logistics Market Overview:
The retail logistics system ensures a smooth flow of goods to customers through the efficient movement of logistics. It is the process of managing the flow of merchandise from the source of supply to the customer. Logistics end, which is a key link, is gradually showing a new look in the context of new retail and transformed into new logistics. Driven by data and technology, logistics will not only achieve intelligent warehousing coordination and distribution path optimization, but as the new retail system continues to grow, the logistics industry will also undergo fundamental changes. The use of new tools such as drones at the logistics distribution end will no longer be new, and smart warehousing will be closer to consumers in the future.
Global Retail Logistics Market Insights
The global retail logistics market projected to grow at a CAGR of over 11.29% during the forecast period 2020–2027. It is primarily attributed to factors are the growing penetration of the Internet has increased the number of e-commerce and increasing trade opportunities for international retailers. Additionally, the expansion of global grocery retailers and international fashion brands allow the sales and purchase of their goods and services across international land borders are expected to drive the growth of the global retail logistics market in the upcoming periods. Moreover, the surge in internet penetration across the world and changing consumers towards buying products and services through various mobile applications will accelerate the growth of the global retail logistics market size in the next few years.
In the new retail format, since most of the links have been digitalized and online in real-time, coupled with the application of new technologies such as big data and AI, it helps companies to grasp the real needs of consumers faster and more accurately. It is used to guide supply optimization and upgrading of chains. Furthermore, the rise in trade activities of the developing economies, the surge in trade-related agreements and logical infrastructure are anticipated to boost the market growth. Also, advancement in information technology and the transportation sector, such as AI-based supply chain and data analytics, will augment the robust growth of the retail logistics industry in the future time. In addition, increasing the use of multimodal transportation, such as railcars, aircraft, or ships, which is helping cut back inventory costs, thereby keeping the costs of the merchandise under control, are vital factors estimated to boom the retail logistics market.
Growth Driver
Development of e-commerce industry
The scale of e-commerce transactions has continued to expand, and people’s consumption patterns have also undergone specific changes. The continuous popularization of e-commerce will directly lead to the development of service industries such as animal streaming, finance, and IT. It will promote the development of its sub-businesses in the e-commerce ecosystem, such as third-party payment, electronic authentication, network information security, and network insurance. Auxiliary e-commerce services derive some new service industries. The development of enterprise supply chain e-commerce and international e-commerce will drive the growth of e-commerce services.
The rapid development of cross-border electronic transactions
The Cross-border e-commerce of small and medium-sized foreign trade enterprises has bucked the trend. The emergence of one-stop promotion, platform operation, the combination of online shopping businesses and conventions and exhibitions, and other modes have strongly promoted the in-depth development of cross-border e-commerce. The consciousness of e-commerce applications in the whole society has continuously enhanced, and the application skills have effectively improved. Relevant departments have initially established a working mechanism for collaboratively promoting the development of e-commerce. A series of policies, regulations, and standards have issued around the topics of electronic certification and online shopping. The e-commerce development environment is getting better and better.
Type Segmental Analysis
Based on type, the global retail logistics market classified into Conventional Retail Logistics and E-Commerce Retail Logistics. The Conventional Retail Logistics segment captured the largest market share in 2019. It is attributable to the growing adoption of conventional retail logistics services by a section of consumers that have limited dependence on the Internet and prefer traditional retail options.
E-Commerce Retail Logistics will be the fastest-growing segment in the forecast period. It is due to shifting in the retail e-commerce sector like the larger share of demand expected from tier II and tier III cities and air to surface movement, along with the significant number of investments by global companies in retail logistics.
Solution Segmental Analysis
Based on the solution, the global retail logistics market segregated into commerce enablement, supply chain solutions, reverse logistics & liquidation, and transportation management. The supply chain solutions segment accounted for a higher revenue share in 2019 and projected to dominate the retail logistics market by 2027. It is primarily attributed to the supply chain help in fast direct-to-consumer and direct-to-store shipping and enhances warehouse efficiencies and optimize inventory.
The reverse logistics & liquidation segment will grow with a lucrative growth rate in the forecast period. As it attracts and satisfy consumers with a simple returns policy, efficiently process returned goods, and clear out unneeded inventory and recuperate value.
Mode of transport Segmental Analysis
Based on the mode of transport, the global retail logistics market classified into Railways, Airways, Roadways, and Waterways. Airways segment will hold higher market potential by 2027. It is owing to airways enable fast and frequent transport of retail goods across the international border.
Railways held a significant market share in 2019. It is due to the growing demand for railways in long distances transportation of retails products in domestics regions.
h3>Region Segmental Analysis
Based on geography, the global Retail Logistics market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific is slated to account for a significant share by 2027 in the Retail Logistics market. The growth in the region can be attributed to the huge development of e-commerce business coupled with the presence of a large consumer base for the retail product in this region.
North America is projected to provide significant growth opportunities due to the advancements in information technology and the transportation industry, along with the surge in cross-border trades’ activities.
Competitor Analysis
Companies such as C.H. Robinson Worldwide, Inc., Deutsche Post AG, Expeditors International of Washington Inc., FedEx Corp., J.B. Hunt Transport Services Inc., Kuehne + Nagel International AG, Penske Truck Leasing Co. LP, Ryder System Inc. The Maersk group, United Parcel Service, Inc., XPO Logistics Inc., and Panalpina are the key players in the Global Retail Logistics Market.
Key Stakeholders
- Market research and consulting firms
- Industry associations
- Global Retail Logistics service providers
- Research organizations and consulting companies
- Organizations, associations, and alliances related to Retail Logistics
- Regulatory bodies
- Suppliers
- Retailers
The objective of the Research
- Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
- Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
- Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
- Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
- The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.
Market Modelling
By Type
- Conventional Retail Logistics
- E-Commerce Retail Logistics
By Solutions
- Commerce enablement
- Supply Chain Solutions
- Reverse logistics & liquidation
- Transportation Management
By Mode of Transport
- Railways
- Airways
- Roadways
- Waterways
By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Global Retail Logistics Market
Report Content
- Research Strategic Development
- Market Modelling
- Product Analysis
- Market Trend and Economic Factors Analysis
- Market Segmental Analysis
- Geographical Mapping
- Country Wise Segregation
- Research Methodology
- Identification of Target Market
- Data Acquisition
- Refining of Data/ Data Transformations
- Data Validation through Primary Techniques
- Exploratory Data Analysis
- Graphical Techniques/Analysis
- Quantitative Techniques/Analysis
- Visual Result/Presentation
- Executive Summary
- Market Insights
- Economic Factor Analysis
- Drivers
- Trends
- Opportunities
- Challenges
- Technological Landscape
- Competitors & Product Analysis
- Regulatory Framework
- Company market share analysis, 2019
- Porter’s Five forces analysis
- New Investment Analysis
- PESTEL Analysis
- Economic Factor Analysis
- Global Retail Logistics Market Overview
- Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Market Share & Forecast, 2016-2027
- By Type
- Conventional Retail Logistics
- E-Commerce Retail Logistics
- By Solutions
- Commerce enablement
- Supply Chain Solutions
- Reverse logistics & liquidation
- Transportation Management
- By Mode of Transport
- Railways
- Airways
- Roadways
- Waterways
- By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
- By Type
- Demand
- Market Size & Forecast, 2016-2027
- North America Retail Logistics Market Overview
- North America Retail Logistics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- North America Retail Logistics Market Share & Forecast, 2016-2027
- By Type
- Conventional Retail Logistics
- E-Commerce Retail Logistics
- By Solutions
- Commerce enablement
- Supply Chain Solutions
- Reverse logistics & liquidation
- Transportation Management
- By Mode of Transport
- Railways
- Airways
- Roadways
- Waterways
- By Country
- US
- Canada
- Mexico
- Company Market Share (Top 3-5)
- Economic Impact Study on North America Retail Logistics Market
- By Type
- Demand
- North America Retail Logistics Market Size & Forecast, 2016-2027
- Europe Retail Logistics Market Overview
- Europe Retail Logistics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Europe Retail Logistics Market Share & Forecast, 2016-2027
- By Type
- Conventional Retail Logistics
- E-Commerce Retail Logistics
- By Solutions
- Commerce enablement
- Supply Chain Solutions
- Reverse logistics & liquidation
- Transportation Management
- By Mode of Transport
- Railways
- Airways
- Roadways
- Waterways
- By Country
- Germany
- UK
- France
- Italy
- Rest of Europe
- Company Market Share (Top 3-5)
- Economic Impact Study on Europe Retail Logistics Market
- By Type
- Demand
- Europe Retail Logistics Market Size & Forecast, 2016-2027
- Asia Pacific Retail Logistics Market Overview
- Asia Pacific Retail Logistics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Asia Pacific Retail Logistics Market Share & Forecast, 2016-2027
- By Type
- Conventional Retail Logistics
- E-Commerce Retail Logistics
- By Solutions
- Commerce enablement
- Supply Chain Solutions
- Reverse logistics & liquidation
- Transportation Management
- By Mode of Transport
- Railways
- Airways
- Roadways
- Waterways
- By Country
- China
- India
- Japan
- Australia
- Rest of Asia Pacific
- Company Market Share (Top 3-5)
- Economic Impact Study on Asia Pacific Retail Logistics Market
- By Type
- Demand
- Asia Pacific Retail Logistics Market Size & Forecast, 2016-2027
- South America Retail Logistics Market Overview
- South America Retail Logistics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- South America Retail Logistics Market Share & Forecast, 2016-2027
- By Type
- Conventional Retail Logistics
- E-Commerce Retail Logistics
- By Solutions
- Commerce enablement
- Supply Chain Solutions
- Reverse logistics & liquidation
- Transportation Management
- By Mode of Transport
- Railways
- Airways
- Roadways
- Waterways
- By Country
- Brazil
- Argentina
- Rest of South America
- Company Market Share (Top 3-5)
- Economic Impact Study on South America Retail Logistics Market
- By Type
- Demand
- South America Retail Logistics Market Size & Forecast, 2016-2027
- Middle East & Africa Retail Logistics Market Overview
- Middle East & Africa Retail Logistics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Middle East & Africa Retail Logistics Market Share & Forecast, 2016-2027
- By Type
- Conventional Retail Logistics
- E-Commerce Retail Logistics
- By Solutions
- Commerce enablement
- Supply Chain Solutions
- Reverse logistics & liquidation
- Transportation Management
- By Mode of Transport
- Railways
- Airways
- Roadways
- Waterways
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
- Company Market Share (Top 3-5)
- Economic Impact Study on Middle East & Africa Retail Logistics Market
- By Type
- Demand
- Middle East & Africa Retail Logistics Market Size & Forecast, 2016-2027
- Competitor Analysis
- Company Description
- Financial Analysis
- Key Products
- Key Management Personnel
- Contact Address
- SWOT Analysis
- Company Profile
- H. Robinson Worldwide, Inc.
- Deutsche Post AG
- Expeditors International of Washington Inc.
- FedEx Corp.
- B. Hunt Transport Services Inc.
- Kuehne + Nagel International AG
- Penske Truck Leasing Co. LP
- Ryder System Inc.
- The Maersk group
- United Parcel Service, Inc.
- XPO Logistics Inc.
- Panalpina are
- Other Prominent Players