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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1207047
PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1207047
Reverse Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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The global reverse logistics market size reached US$ 613.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 858.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.
Reverse logistics is an integral part of circular economy referring to a supply chain management that transports goods from customers back to the manufacturers or sellers. It includes recycling, refurbishment, reselling of restocked items, and reclamation of raw materials. The process of reverse logistics also consists of the sale and management of returned and surplus machines and equipment. There are different steps involved in reverse logistics, which include processing the returns, dealing with returns, and maintaining the movement of returns, repair, and recycle. It helps to maintain an efficient flow of goods, create value, complete the product life cycle, reduce costs, and decrease risks. Reverse logistics also offers greater customer satisfaction, improved band image, enhanced sustainability, reduction of waste, and faster and better service.
Reverse Logistics Market Trends:
- A rapid expansion in the ecommerce sector has led to the rise in the overall volume of returns and replacement items, which has escalated the demand for an efficient reverse logistics service. This is primarily driving the global reverse logistics market growth. Other than ecommerce, these systems play an important part in the pharmaceuticals, electrical, and automotive industries, which is further fueling the market growth. Besides this, rapid industrialization and increasing development of manufacturing industries across emerging economies, such as Asia Pacific and South America, are contributing to the growth of the market. Moreover, leading players are consistently investing in the improvement of supply chain management processes, which is creating a positive outlook for the market across the globe. The rise in the adoption of internet of things (IoT)-enabled connected devices is acting as another major growth-inducing factor.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global reverse logistics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on return type, service and end user.
Breakup by Return Type:
- Recalls
- Commercial Returns
- Repairable Returns
- End-of-Use Returns
- End of life Returns
Breakup by Service:
- Transportation
- Warehousing
- Reselling
- Replacement Management
- Refund Management Authorization
- Others
Breakup by End User:
- E-Commerce
- Automotive
- Pharmaceutical
- Consumer Electronic
- Retail
- Luxury Goods
- Reusable Packaging
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being C.H. Robinson Worldwide Inc., Core Logistic Private Limited, Deutsche Post AG, Fedex Corporation, Happy Returns Inc. (PayPal Holdings Inc.), Kintetsu World Express Inc. (Kintetsu Group Holdings), Optoro Inc., Pitney Bowes Inc., Reverse Logistics Group, Safexpress Pvt Ltd, United Parcel Service Inc. and Yusen Logistics Co. Ltd. (Nippon Ysen Kabushiki Kaisha).
Key Questions Answered in This Report:
- 1. What was the size of the global reverse logistics market in 2022?
- 2. What is the expected growth rate of the global reverse logistics market during 2023-2028?
- 3. What are the key factors driving the global reverse logistics market?
- 4. What has been the impact of COVID-19 on the global reverse logistics market?
- 5. What is the breakup of the global reverse logistics market based on the return type?
- 6. What is the breakup of the global reverse logistics market based on the end user?
- 7. What are the key regions in the global reverse logistics market?
- 8. Who are the key players/companies in the global reverse logistics market?
Product Code: SR1323A519_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Reverse Logistics Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Return Type
- 6.1 Recalls
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Commercial Returns
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Repairable Returns
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 End-of-Use Returns
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 End of life Returns
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Service
- 7.1 Transportation
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Warehousing
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Reselling
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Replacement Management
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Refund Management Authorization
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by End User
- 8.1 E-Commerce
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Automotive
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Pharmaceutical
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Consumer Electronic
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Retail
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Luxury Goods
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Reusable Packaging
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 C.H. Robinson Worldwide Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Core Logistic Private Limited
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Deutsche Post AG
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Fedex Corporation
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Happy Returns Inc. (PayPal Holdings Inc.)
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Kintetsu World Express Inc. (Kintetsu Group Holdings)
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.7 Optoro Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Pitney Bowes Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Reverse Logistics Group
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Safexpress Pvt Ltd
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 United Parcel Service Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Yusen Logistics Co. Ltd. (Nippon Ysen Kabushiki Kaisha)
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.1 C.H. Robinson Worldwide Inc.
Product Code: SR1323A519_Report
List of Figures
- Figure 1: Global: Reverse Logistics Market: Major Drivers and Challenges
- Figure 2: Global: Reverse Logistics Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Reverse Logistics Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Reverse Logistics Market: Breakup by Return Type (in %), 2022
- Figure 5: Global: Reverse Logistics Market: Breakup by Service (in %), 2022
- Figure 6: Global: Reverse Logistics Market: Breakup by End User (in %), 2022
- Figure 7: Global: Reverse Logistics Market: Breakup by Region (in %), 2022
- Figure 8: Global: Reverse Logistics (Recalls) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Reverse Logistics (Recalls) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Reverse Logistics (Commercial Returns) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Reverse Logistics (Commercial Returns) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Reverse Logistics (Repairable Returns) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Reverse Logistics (Repairable Returns) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Reverse Logistics (End-of-Use Returns) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Reverse Logistics (End-of-Use Returns) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Reverse Logistics (End of life Returns) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Reverse Logistics (End of life Returns) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Reverse Logistics (Transportation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Reverse Logistics (Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Reverse Logistics (Warehousing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Reverse Logistics (Warehousing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Reverse Logistics (Reselling) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Reverse Logistics (Reselling) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Reverse Logistics (Replacement Management) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Reverse Logistics (Replacement Management) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Reverse Logistics (Refund Management Authorization) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Reverse Logistics (Refund Management Authorization) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Reverse Logistics (Other Services) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Reverse Logistics (Other Services) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Reverse Logistics (E-Commerce) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Reverse Logistics (E-Commerce) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Reverse Logistics (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Reverse Logistics (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Reverse Logistics (Pharmaceutical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Reverse Logistics (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Reverse Logistics (Consumer Electronic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Reverse Logistics (Consumer Electronic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Global: Reverse Logistics (Retail) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Global: Reverse Logistics (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Global: Reverse Logistics (Luxury Goods) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Global: Reverse Logistics (Luxury Goods) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Global: Reverse Logistics (Reusable Packaging) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Global: Reverse Logistics (Reusable Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: North America: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: North America: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: United States: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: United States: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Canada: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Canada: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Asia-Pacific: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Asia-Pacific: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: China: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: China: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Japan: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Japan: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: India: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: India: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: South Korea: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: South Korea: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Australia: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Australia: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Indonesia: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Indonesia: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Others: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Others: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Europe: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Europe: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Germany: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Germany: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: France: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: France: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: United Kingdom: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: United Kingdom: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Italy: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Italy: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Spain: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Spain: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Russia: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Russia: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Others: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Others: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Latin America: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Latin America: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Brazil: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Brazil: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 86: Mexico: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 87: Mexico: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 88: Others: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 89: Others: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 90: Middle East and Africa: Reverse Logistics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 91: Middle East and Africa: Reverse Logistics Market: Breakup by Country (in %), 2022
- Figure 92: Middle East and Africa: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 93: Global: Reverse Logistics Industry: SWOT Analysis
- Figure 94: Global: Reverse Logistics Industry: Value Chain Analysis
- Figure 95: Global: Reverse Logistics Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Reverse Logistics Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Reverse Logistics Market Forecast: Breakup by Return Type (in Million US$), 2023-2028
- Table 3: Global: Reverse Logistics Market Forecast: Breakup by Service (in Million US$), 2023-2028
- Table 4: Global: Reverse Logistics Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Global: Reverse Logistics Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Reverse Logistics Market: Competitive Structure
- Table 7: Global: Reverse Logistics Market: Key Players
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