About Retail Logistics
Logistics is a process of planning, implementing, and controlling the operations of the supply chain activities to look upon the customer needs more efficiently. It involves planning and management of all activities involved in sourcing and procurement and in the conversion of final products. The use of logistics in the Retail industry has led to low fulfillment costs, shorter delivery times, and enhanced ability to focus on service delivery rather than on administrative processes. The Retail industry uses logistics for the complete management of the way resources are acquired, stored, and moved to other locations where they are required. The use of logistics helps the Retail industry to have a continuous supply of durable and non-durable goods from various prominent suppliers and distributors in different locations. Companies also opt for outsourcing their logistics operations to reduce costs.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. This market has various growth opportunities that leading players capture via tracking the ongoing process enhancement and huge investment in market growth strategies. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Retail Logistics market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
C.H. Robinson Worldwide, Inc. (United States), Deutsche Post AG (Germany), FedEx (United States), XPO, Inc. (United States), United Parcel Service of America, Inc. (United States), DB SCHENKER (Germany), CEVA Logistics (France), Kuehne+Nagel (Switzerland), Expeditors International of Washington, Inc. (United States) and SF Express (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are YUSEN LOGISTICS CO., LTD. (Japan), Toll Holdings Limited (Australia), CJ Logistics Corporation (South Korea), GEODIS (France), SINOTRANS Limited (China) and Agility (Kuwait).
Segmentation Overview
AMA Research has segmented the market of Global Retail Logistics market by Type (Inbound Logistics, Outbound Logistics, Third-Party Logistics and Others), Application (Consumer Electronics, Media, Toys and Games, Apparel, Food and Drink and Others) and Region.
On the basis of geography, the market of Retail Logistics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Solutions, the sub-segment i.e. Supply Chain Solutions will boost the Retail Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mode of Transport, the sub-segment i.e. Roadways will boost the Retail Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for Faster Deliveries
Market Growth Drivers:
The Surge in Online Shopping and Urbanization and Population Growth
Challenges:
Complexity of Omnichannel Fulfillment
Restraints:
Uneven Infrastructure Development
Opportunities:
Expanding Global Trade and Technological Advancements
Market Leaders and their expansionary development strategies
On February 22, 2023, XPO Logistics and US Xpress Enterprises announced a merger to create a leading North American transportation provider. This merger combined two major players in the North American logistics landscape, aiming to create a more comprehensive transportation network and service offering.
On October 26, 2023, FedEx launched SenseAware ID, a new service for tracking high-value shipments. This SenseAware ID uses cellular connectivity and environmental sensors to provide real-time location and condition monitoring for valuable goods in transit.
Key Target Audience
Manufacturer, Service Providers, Government Agencies, Venture Capitalists, Potential Investors and others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.