Retail logistics refers to the process of planning, implementing, and controlling the movement of goods from the point of origin to the point of consumption in the retail industry. It involves managing the flow of products, information, and finances, from suppliers to warehouses, distributors, and ultimately to customers.
The global Retail logistics market is a rapidly growing industry that is expected to continue its growth in the coming years. According to a report by Extrapolate, the global retail logistics market is projected to grow at a CAGR of approximately 12.6% during the forecast period of 2021-2030.
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The market is being driven by factors such as the rise of e-commerce, increasing consumer expectations for faster and more convenient delivery options, and the growing trend of omni-channel retailing. Additionally, the COVID-19 pandemic has accelerated the shift towards online shopping, further fueling the growth of the retail logistics market.
The Retail Logistics Market is highly competitive and dominated by a few large players include:
- A.P. Moller – Maersk
- APL Logistics Ltd
- C.H. Robinson Worldwide, Inc.
- DHL International GmbH
- DSV
- CJ Logistics Corporation
- Schenker AG
- FedEx
- Kuehne + Nagel International
- Nippon Express
- Schneider
- IBM Corporation
- United Parcel Service, Inc.
- XPO Logistics, Inc.
- Others
KEY INDUSTRY DEVELOPMENTS:
April 2020- FedEx collaborated with BigCommerce to provide small and medium-sized businesses access to online sales, connectivity, and delivery and clients may now easily and affordably employ FedEx shipping services on the company’s current platform.
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The Retail Logistics Market can be segmented into several categories, including:
By Type
- Conventional retail logistics
- E-commerce retail logistics
By Solution
- Commerce enablement
- Supply chain solutions
- Reverse Logistics & Liquidation
- Transportation Management
- Others
By Mode of Transport
- Roadways
- Railways
- Airways
- Waterways
The Retail Logistics Market has seen several significant trends over the past few years, including:
Sustainable logistics: The increasing awareness of environmental sustainability is leading retailers to adopt sustainable logistics practices. This includes the use of alternative fuels, optimizing transportation routes, reducing packaging waste, and adopting eco-friendly warehousing practices.
Last-mile delivery solutions: The last-mile delivery, which is the final leg of the delivery process from the distribution center to the customer’s doorstep, is becoming a crucial part of the retail logistics process. Retailers are adopting new delivery options such as drones, robots, and autonomous vehicles to improve the speed and efficiency of last-mile delivery.
Integration of technology: The integration of technology such as automation, artificial intelligence, and the Internet of Things (IoT) is improving the efficiency and effectiveness of retail logistics. Retailers are using these technologies to optimize inventory management, track shipments in real-time, and automate various logistics processes.
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The Retail Logistics Market is segmented into several regions, including:
- North America- U.S., Mexico, Canada
- Europe- UK, France, Germany, Italy, Spain, Rest of Europe
- Asia-Pacific- China, Japan, India, South Korea, Rest of Asia Pacific
- South America- Brazil, Argentina, Colombia, Rest of South America
- The Middle East and Africa- GCC, South Africa, Rest of Middle East & Africa
The Asia-Pacific region is expected to dominate the retail logistics market due to the growing population, rapid urbanization, and the increasing adoption of e-commerce in countries such as China and India. North America and Europe are also significant markets, driven by the high demand for e-commerce and the presence of major retail players in these regions.
Each region has its own unique characteristics and challenges, and logistics providers must tailor their services to meet the specific needs of each market. For example, in developing markets, logistics providers may need to focus on improving infrastructure and developing new transportation networks, while in mature markets, they may need to focus on improving efficiency and reducing costs.
TABLE OF CONTENT:
Chapter 1. Executive Summary
Chapter 2. Research MethodologyChapter
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Retail Logistics Market
Chapter 5. Global Retail Logistics Market Overview, By Type, 2017 – 2030(USD Million)
Chapter 6. Global Retail Logistics Market Overview, By Solution, 2017 – 2030(USD Million)
Chapter 7. Global Retail Logistics Market Overview, By Mode of Transport, 2017 – 2030(USD Million)
Chapter 8. Global Retail Logistics Market Overview, By Geography, 2017 – 2030(USD Million)
Chapter 9. North America Retail Logistics Market Overview, By Countries, 2017 – 2030(USD Million)
…Continued
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