The rising worldwide commerce activities, particularly in developing nations, is expected to drive market expansion in the near future at a CAGR of 12.50% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published a cooked research report on the “Global Retail Logistics Market” that contains information from 2018 to 2032. The retail logistics market is estimated to register a CAGR of 12.50% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global retail logistics market—DSV, XPO Logistics, Inc., Kuehne+Nagel International, C.H Robinson Worldwide, Inc., FedEx, APL Logistics Ltd, Nippon Express, Schneider, United Parcel Service, A.P Moller- Maersk and DHL International GmbH

Market Highlights

The global retail logistics market is accounted to register a CAGR of 12.50% during the forecast period and is estimated to reach USD 667.36 billion by 2032.

Retail logistics is the planned process of controlling the movement of goods from the point of supply to the point of delivery to the client. The market's large retailers offer a wide variety of commodities, which necessitate meticulous planning of the movement of many items until they are delivered to the buyer. By using effective logistics services, retail logistics ensures that everything is well-organized and that superior delivery services are provided at significantly cheaper costs.

The rising worldwide commerce activities, particularly in developing nations, are driving up demand for retail logistics. The expansion of the logistical infrastructure is anticipated to accelerate market expansion. A seamless and effective flow of non-durable and durable items from a variety of illustrious distributors and suppliers to clients is made possible by the retail logistics system. Additionally, the utilization of logistics in the retail sector has enabled quick product delivery at cheap fulfillment costs. During the projection period, the rise in demand for retail e-commerce services is anticipated to fuel the industry's expansion. It is simpler for clients to evaluate products from various online sources since e-commerce platforms enable the comparison of products using criteria like specifications, costs, delivery times, features, and compatibility requirements. The retailers' efficient delivery of these products within the allotted time is made possible by the retail logistics services.

Segment Analysis

The global retail logistics market has been segmented based type, solution, and mode of transport.

On the basis of type, the market is segmented into conventional retail logistics, e-commerce retail logistics. The conventional retail logistics segment was attributed to holding the largest market share in 2022.

Based on solution, the global retail logistics market has been segmented into commerce enablement, supply chain solutions, reverse logistics & liquidation, transportation management, others. The supply chain solutions segment was expected to hold the largest market share in 2022.

On the basis of mode of transport, the market is segmented into roadways, railways, airways, and waterways. The roadways segment was attributed to holding the largest market share in 2022.

Regional Analysis

The global retail logistics market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe retail logistics market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The retail logistics market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World retail logistics market comprises of Middle East, Africa, and Latin America.

The second largest market share for retail logistics was maintained by the North American regional sector. The presence of numerous well-known competitors, such as FedEx, Ryder System Inc., C.H. Robinson Worldwide, Inc., and Expeditors International of Washington, Inc., in addition to United Parcel Service of America, Inc., XPO Logistics, Inc., and United States Postal Service, Inc., is assisting in the growth of the regional market.

Moreover, the retail logistics market in Europe is dominated by countries such as Germany, France, and the United Kingdom. These countries have well-established logistics infrastructure, a large number of retail companies, and high levels of internet penetration, which has contributed to the growth of the e-commerce sector. The growing trend of omni-channel retailing, which combines both online and offline sales channels, has also contributed to the growth of the retail logistics market in Europe. This has led to an increase in demand for last-mile delivery services, as customers expect faster and more flexible delivery options.

Asia pacific region dominated the retail logistics market. The area has a sizable customer base and has observed considerable e-commerce channel usage by people. The leading exporters of merchandise are China, Japan, Australia, and India, who together account for a sizeable share of worldwide retail e-commerce sales. As a result, the potential growth prospects for e-commerce in the region are what are essentially driving the regional market expansion. Regional market expansion is anticipated to be aided by a growing emphasis on transportation strategies and continuous logistics infrastructure improvements in emerging nations.

Furthermore, the rest of the world's retail logistics market is divided into the Middle East, Africa, and Latin America. In LATAM, countries such as Brazil, Mexico, Argentina, and Colombia are expected to drive the growth of the retail logistics market due to the growing e-commerce sector, increasing urbanization, and rising disposable incomes. In MEA, countries such as Saudi Arabia, UAE, and South Africa are expected to drive the growth of the retail logistics market due to the growing e-commerce sector, increasing urbanization, and government initiatives to improve logistics infrastructure.

Key Findings of the Study

• The global retail logistics market is expected to reach USD 667.36 billion by 2032, at a CAGR of 12.50% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to a sizable customer base and has observed considerable e-commerce channel usage by people


• Based on type, the conventional retail logistics segment was attributed to holding the largest market in 2022, with an approximate market share of 60.3%.


• DSV, XPO Logistics, Inc., Kuehne+Nagel International, C.H Robinson Worldwide, Inc., FedEx, APL Logistics Ltd, Nippon Express, Schneider, United Parcel Service, A.P Moller- Maersk and DHL International GmbH 
  
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