U.S (New York) – New research study titled “E-Commerce Logistics Market” for the year 2023, encompassing various aspects such as industry size, market share, growth analysis, segmentation, leading manufacturers and innovations, key trends, market drivers, restraints, regulatory framework, distribution methods, opportunities, strategies, potential roadmap, and annual forecasts until 2031. The primary objective of this market research study is to thoroughly examine the industry, enabling businesses to gain comprehensive insights into the sector and its economic potential. By leveraging accurate statistical research data provided by Report Ocean 2023 to 2031, your business can experience accelerated growth. This report also delves into PESTLE & SWOT analysis, Porter’s Five Forces Analysis, and provides crucial information including expenditure, costs, revenue, and end-users. With over 150+ pages, the document offers a comprehensive table of contents, 180+ figures, tables, charts, and insightful analysis.
The impending explosion of e-commerce websites and availability of low-cost cargo will cause a stir in the e-commerce logistics market across the globe. Also, the widespread of C2C and B2C e-commerce websites has accelerated the demand for international and domestic e-commerce logistics. KEY MARKET PLAYERS PROFILED: DHL International GmbH, Aramex International, FedEx Corporation, S.F. Express, Gati Limited, Amazon, Kenco Group, Inc., Ceva Holdings LLC, United Parcel Service, Inc., Clipper Logistics Plc.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Manufacturers are more focusing towards transparent and competent providers for ease in the process. This will overlay the mode for higher customization in e-commerce logistics services. However, the firms providing these services are looking for modes which would help in reducing costs. Among the key services that e-commerce logistics companies provide are warehousing and transportation along with some other types of niche services.
The growth of digital technology has steered the adoption rate of e-commerce logistics in a number of applications. The market growth is primarily driven by factors such as rise in cross-border e-commerce activities, and upsurge in the internet penetration, exclusively in developing countries, will lead to the growth of this market as it will intensify the overall foreign goods consumption across various region. The overall market described in this report is segmented on the basis of service type, operational area, and geography. Transportation and warehousing are the service types of e-commerce logistics; whereas, international, and domestic are categorized under operational area. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa), followed by region wise country-level analysis.
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Key Benefits:
This study comprises analytical depiction of the global e-commerce logistics market, with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends for gaining a stronger coverage in the market.
The report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2014 to 2022, which is provided to highlight the financial competency of the market.
Porter’s Five Forces analysis illustrates the potency of the buyers and suppliers
Key Market Segments
The market is segmented on the basis of service type, operational area, and geography.
BY SERVICE TYPE
Transportation
Warehousing
BY OPERATIONAL AREA
International
Domestic
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BY GEOGRAPHY
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Market Dynamics:
Surging air traffic: As the global aviation industry continues to expand, there is a corresponding increase in market demand.
Heightened emphasis on safety and reliability: The aerospace and defense sector places significant importance on ensuring safety and reliability, which drives the need for top-notch market offerings.
Growing commitment to environmental sustainability: The aerospace and defense industry is increasingly dedicated to reducing its carbon footprint, resulting in the adoption of sustainable aviation fuels.
Escalating globalization: The growth of international trade and travel propels the demand for market solutions.
Increasing desire for private air transportation: The rising number of affluent individuals and their preference for exclusive air travel are generating fresh opportunities in the market.
Expanding utilization of digital fuel management systems: The integration of digital fuel management systems facilitates efficient fuel consumption and reduces associated costs.
Advancements in fuel cell technology: Ongoing developments in fuel cell technology unlock new possibilities for the production of sustainable market alternatives.
Mounting demand for air cargo transportation: The flourishing e-commerce sector fuels an increasing need for air cargo transportation, thereby driving the demand for market offerings.
Rising defense budgets: Governments worldwide are augmenting their defense spending, leading to heightened market demand.
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