PUBLISHER: Orion Market Research | PRODUCT CODE: 1078144
PUBLISHER: Orion Market Research | PRODUCT CODE: 1078144
Asia-Pacific 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, Others), By Service (Transportation Services, Warehouse Services, Other E-Commerce Logistics Services) And Forecast Period, 2022-2028
Market Category: Automotive and Transportation
The Asia-Pacific e-commerce logistics market is projected to grow at a CAGR of 12.7% during the forecast period (2022-2028). Asia-Pacific e-commerce logistics market has been growing at a rapid pace, owing to rising e-commerce market and market players including new entrants, inexpensive workforce, increasing smartphone and internet penetration, and emerging cross-border e-commerce market. The increasing e-commerce market is one of the major reasons for augmenting the logistic market of e-commerce during the forecast period. With the Introduction of prominent e-commerce companies in the Asia-Pacific region such as Alibaba and Amazon, it is expected to provide a substantial growth rate to e-commerce and its logistic market in the Asia-Pacific region. After setting up business in developed economies, the e-commerce companies targeted the most emerging and lucrative market. As most of the Asia-Pacific countries such as China, Japan, and India are providing a positive growth rate, e-commerce companies are targeting these countries significantly.
Segmental Outlook
Based on product type, the market is segmented into baby products, personal care products, books, home furnishing products, apparel products, electronics products, automotive products, and others such as grocery, pharmaceuticals, and nutritional products. Based on services, the market is classified into transportation services, warehousing services, and other e-commerce logistics services (processing and packaging). Among services, transportation services held the largest share in2021. Transportation services play a vital role in e-commerce logistics. There is a significant demand for railways, waterways, and roadways for transporting e-commerce products to the consumers more rapidly and effectively. Further, rising cross-border e-commerce activities are creating an opportunity for e-commerce transportation services.
Key Players Analysis
Some of the key players in the Asia-Pacific e-commerce logistics market include DHL Express, FedEx Express Corp., Lazada Group, DTDC Express Ltd., Rakuten Group, and others. To sustain in the market, these players adopt various strategies such as merger and acquisition, partnership, collaboration, funding, geographical expansion, and so on. For instance, in May 2018, DHL launched DHL SmarTrucking for innovative road transportation across India. DHL SmarTrucking is the first official move of the company to leverage the development of technology-led logistics solutions across the globe. Currently, road freight consists of a large amount of total freight movement and is the major transportation segment in the country. With considerable efficiency from DHL SmarTrucking, the company expects to transport 100,000 tons of cargo and cover approximately 4 million kilometers across the country every day.
Research Methodology
The market study of the Asia-Pacific E-commerce logistics marketis 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 breakdown the market into various segments, and derive the 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 macroeconomic 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
The report provides an in-depth analysis of the market size andintended 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.
Market Segmentation
The Report Covers
Category- Automotive and Transportation