Market Research Report
BRICS E-Commerce Logistics Market 2021-2027
|BRICS E-Commerce Logistics Market 2021-2027|
Published: June 29, 2021
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
BRICS E-Commerce Logistics Market Size, Share & Trends Analysis Report By Products (Baby Products, Personal Care Products, Books, Home Furnishing Products, Apparel Products, Electronics Products, Automotive Products, and Others) By Services (Transportation Services, Warehouse Services, and Others) By Location (Urban, Semi-Urban, and Rural) Forecast, 2021-2027
The BRICS e-commerce logistics market is projected to have a considerable CAGR of 13.7% during the forecast period. The factors that are augmenting the growth of the market include the introduction of information technologies such as GPS Monitored Robots, Drones for tracking inventory, rising e-commerce market, cohesive government policies, and rising internet penetration. E-commerce can become a driver of economic growth in the BRICS countries, especially during the crisis due to the coronavirus pandemic. Rising internet penetration in BRICS countries is one of the biggest factors on which the growth of e-commerce is highly dependent. For instance, in 2017, internet penetration was 73% of Internet users of the total population in Russia. On the other hand, the expansion of e-commerce in India is also expanded due to which the logistics companies are also expanding. In 2018, retail e-commerce sales in India reached US$ 32.7 billion, 1.3 times more than in 2017. This is because the number of online shoppers has increased in the last few years. Besides this, the entry of new e-commerce companies, inexpensive workforce, and emerging cross-border e-commerce market is also fulling the BRICS -commerce market growth. Emerging cross-border sale in the region also increases the opportunity for e-commerce companies to explore the market.
The COVID-19 has a positive impact on the BRICS e-commerce logistics market. During the lockdown, flocked online to buy goods. Online delivery of Food and healthcare products saw double growth in sales. The surge in consumer demand pushed the need for warehouse and transportation facilities. Which led to market growth.
The BRICS e-commerce Logistics market is segmented based on products, services, and location. Based on products, the market is further segmented into baby products, personal care products, books, home furnishing products, apparel products, electronics products, automotive products, and others. Among these, electronics is expected to grow at a faster rate during the forecast period. In electronics, the smartphone is the most demanding electronic gadget owing to the rising internet penetration. Which is further expected to grow. Based on services, the market is categorized into transport services, warehouse services, and others. Transport services held the major market share, and it is further projected to grow owing to the surging demands of consumer goods. Based on location, the market is divided into urban, rural, and semi-urban.
Geographically, the BRICS e-commerce logistics market is classified into Brazil, Russia, India, China, and South Africa. The e-commerce market in Brazil is surging at a faster rate, Brazil has the fourth-largest internet market globally with over 130 million internet users. Also, in cross border e-commerce market Brazil stands in third place worldwide whereas strongest in the Latin American region. Rising internet penetration owing to the increasing number of smartphone users is the major factor driving the growth of the market. In China, the growth of the e-commerce logistics market is mainly due to the rise in access channels, increase in B2B business, and geographic growth in online shopping.
Moreover, the increasing urban population in Asia-Pacific countries is one of the essential factors encouraging the demand for the BRICS e-commerce logistics market. Whereas, in India, the e-commerce logistics market is flourishing due to an increase in internet penetration, rise in adoption of smartphones, favorable demographics, the surge in acceptability of online payment, and the emergence of several new e-commerce players on social media. Similarly, in South Africa, the growth in intracontinental, changing buying pattern of customers, and rapid development in the e-commerce market is driving the growth of the e-commerce logistics market. The key players of the market are Alibaba Group Holding Ltd, Amazon.com, Inc., DHL International GmbH, eBay Inc., JD.com, Inc, Walmart Inc., among others.
The market study of the BRICS e-commerce Logistics market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
BRICS e-commerce Logistics Market Research and Analysis by Products
BRICS e-commerce Logistics Market Research and Analysis by Services
BRICS e-commerce Logistics Market Research and Analysis by Location
The Report Covers
Comprehensive research methodology of the BRICS e-commerce Logistics market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the BRICS e-commerce Logistics market.
Insights about market determinants that are stimulating the BRICS e-commerce Logistics market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.