By 2030, the retail logistics market is expected to grow to $557.1 billion.
With a robust compound annual growth rate (CAGR) of 10.8% from 2024 to 2030, the global retail logistics market is anticipated to grow significantly, from $301.1 billion in 2024 to $557.1 billion by 2030. This growth is fuelled in part by the rapid expansion of e-commerce, advancements in technology, improvements in last-mile delivery, and the shift to multichannel shopping.
Market-Drivers
The e-commerce industry is still primarily driven by the need for scalable logistics solutions to meet growing customer expectations. Among other new technologies, digital platforms, automation, and robotics are simplifying logistics procedures. The focus on last-mile deliveries and same-day services is another factor spurring innovation in logistics.
The shift to omnichannel retailing, which enables faultless customer experiences across several platforms, accelerates market growth even more. Green logistics techniques and advanced packaging technologies are becoming more and more popular at the same time, ensuring sustainability and meeting delivery requirements.
The retail logistics industry is growing for a number of reasons. The rapid growth of e-commerce, which necessitates scalable and efficient logistics solutions, is a major factor propelling market expansion. Innovations in automation, robots, and digital platforms are also propelling market growth by improving the responsiveness and efficiency of logistics operations. Last-mile delivery is growing in importance due to customer expectations for quick and simple delivery options, which supports the need for advanced logistics solutions.
Significant Market Shifts
Current trends in retail logistics are presented in the article along with:
- Incorporation of technology into warehouse management systems.
- Last-mile delivery solutions are evolving to meet same-day requirements.
- utilising green logistics strategies for sustained growth.
- Automated picking and packing technologies are being used more often in warehouses.
- Data analytics is becoming more and more crucial for optimising retail supply chains.
Examination of Market Segments
The segments covered in the report include:
Types include eCommerce retail logistics and traditional retail logistics.
transportation management, supply chains, commerce facilitation, reverse logistics and liquidation, and other solutions.
Transportation options include roads, railroads, waterways, and aeroplanes.
North America: The US industry is estimated to be worth $81.3 billion in 2024 and is growing because to increased demand for e-commerce and advanced logistics solutions.
China is expected to increase at the fastest rate, with a 14.6% compound annual growth rate, to reach $118.2 billion by 2030.
Africa, the Middle East, Latin America, and Europe are among the other regions of expansion.
Learn about China’s market, which is projected to grow at an incredible 14.6% CAGR to reach $118.2 billion by 2030, and the U.S. market, which is valued at $81.3 billion in 2024. Look for patterns in other significant regions, including the Asia-Pacific, Canada, Japan, and Germany.
Collective Performances
The eCommerce Retail Logistics segment is expected to grow at a 12% CAGR throughout the course of the analysis, while the Conventional Retail Logistics segment is expected to reach $305.8 billion by 2030 with a CAGR of 9.9%.
Market Growth: The Conventional Retail Logistics market is expected to reach US$305.8 billion by 2030 with a compound annual growth rate (CAGR) of 9.9%, indicating a noteworthy growth trajectory. The eCommerce Retail Logistics segment is also anticipated to grow at a 12% CAGR during the study period.
Well-Known Companies
This paper lists forty-nine significant retail logistics companies, including top players like:
- A.P. Moller-Maersk A/S
- DeutschePost AG
- FedEx Corporation
- Kuehne + Nagel International AG
A.P. Moller-Maersk A/S, C.H. Robinson Worldwide Inc., Deutsche Post AG, DSV A/S, Expeditors International of Washington Inc., FedEx Corporation, GEODIS SA, Kintetsu World Express Inc., Kuehne + Nagel International AG, and Nippon Express Co. Ltd. are among the 49 significant businesses included in this Retail Logistics market report, according to the report.
Prospects for the Market
The study highlights how omnichannel distribution strategies are becoming more and more relevant and how technological advancements are transforming logistics. The retail logistics industry is expanding at an incredible rate and is undoubtedly emerging as a significant force in the global economy thanks to automated technologies and sustainable business practices.
