The cross-border e-commerce logistics market and it is poised to grow by USD 30.79 billion during 2020-2024, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of
various industries, the immediate impact of the outbreak is varied. While a few
industries will register a drop in demand, numerous others will continue to
remain unscathed and show promising growth opportunities. Technavio’s in-depth
research has all your needs covered as our research reports include all
foreseeable market scenarios, including pre- & post-COVID-19
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The market is fragmented, and the degree of fragmentation will
accelerate during the forecast period. A.P. Møller - Mærsk AS, Aramex
International LLC, C.H. Robinson Worldwide Inc., CEVA Logistics AG, Deutsche
Post AG, DSV Panalpina AS, FedEx Corp., Kuehne + Nagel International AG, United
Parcel Service of America Inc., and XPO Logistics Inc. are some of the major
market participants. To make the most of the opportunities, market vendors
should focus more on the growth prospects in the fast-growing segments, while
maintaining their positions in the slow-growing segments.
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Digital transformation in logistics has been instrumental in driving the
growth of the market.
Cross-border E-commerce Logistics Market 2020-2024: Segmentation
Cross-border E-commerce Logistics Market is segmented as below:
·
Service
o
Transportation
o
Warehousing
o
Others
·
Geographic Landscape
o
APAC
o
Europe
o
MEA
o
North America
o
South America
Cross-border E-commerce Logistics Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study,
synthesis, and summation of data from multiple sources. The cross-border e-commerce logistics
market report covers the following areas:
·
Cross-border E-commerce Logistics Market Size
·
Cross-border E-commerce Logistics Market Trends
·
Cross-border E-commerce Logistics Market Analysis
This study identifies the growing demand for logistics fulfillment centers
as one of the prime reasons driving the cross-border e-commerce logistics
market growth during the next few years.
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