BANGALORE, India, May 8, 2024 /PRNewswire/ -- Retail Logistics
Market Segment By Type (Conventional Retail Logistics, E-Commerce
Retail Logistics), By Solution (Commerce Enablement, Supply Chain
Solutions, Reverse Logistics and Liquidation, Transportation
Management, Others), By Mode of Transport (Railways, Airways,
Roadways, Waterways)
The Global Retail Logistics Market size was valued at
USD 238.5 Billion in 2022, and is
projected to reach USD 809.7 Billion
by 2032, growing at a CAGR of 13.5% from 2023 to 2032.
Get Free Sample:
https://reports.valuates.com/request/sample/ALLI-Auto-2A660/Retail_Logistics_Market
Major Factors Driving the Growth of Retail Logistics
Market:
A number of variables are coming together to drive the retail
logistics market's growth, including the exponential expansion of
e-commerce, which calls for sophisticated supply chain technology
and effective last-mile delivery options. Globalization, technology
advancements like automation and artificial intelligence, as well
as a movement in customer tastes toward speed and convenience, all
contribute to market development. Furthermore, as the environment
changes due to growing urbanization, sustainability concerns, and
regulatory changes, there is a greater need for complete retail
logistics solutions that improve consumer happiness and operational
efficiency.
View Full
Report: https://reports.valuates.com/market-reports/ALLI-Auto-2A660/retail-logistics
TRENDS INFLUENCING THE GROWTH OF THE GLOBAL RETAIL LOGISTICS
MARKET:
Supply chain solutions optimize the flow of goods from
distribution centers to physical storefronts, which is a critical
component of traditional retail logistics through highways. These
solutions include a range of tactics and technology designed to
increase delivery efficiency, optimize inventory management, and
streamline transportation routes. Retailers may guarantee prompt
shelf replenishment, limit stockouts, and cut down on
transportation expenses by utilizing inventory management software,
real-time tracking systems, and route optimization algorithms.
Furthermore, supply chain solutions boost merchants'
competitiveness in the retail industry by allowing them to react
quickly to shifting consumer needs and market conditions. The use
of these solutions results in cost savings and efficiency
improvements that propel market expansion by empowering merchants
to boost customer happiness and operational performance within the
traditional retail industry.
A crucial part of traditional retail logistics via roads is the
movement of goods from distribution centers to actual shops, which
is optimized by supply chain systems. These solutions include a
variety of strategies and technological tools intended to improve
inventory control, expedite transportation routes, and boost
delivery efficiency. Using inventory management software, real-time
tracking systems, and route optimization algorithms, retailers may
save transportation costs, ensure fast shelf replenishment, and
prevent stockouts. Additionally, supply chain solutions increase
retailers' competitiveness in the market by enabling them to
respond swiftly to changing customer demands and market
dynamics.
Retailers are under a lot of pressure to enhance their
logistical skills due to the high expectations of consumers
regarding speed and convenience. Customers want hassle-free returns
and same-day or next-day delivery alternatives in today's
fast-paced environment, which forces businesses to invest in
flexible and responsive logistics networks. Retailers are
investigating cutting-edge delivery techniques like drones and
crowdsourced delivery platforms as a result of the increasing need
for effective last-mile delivery solutions brought about by the
emergence of an immediate gratification culture propelled by
services like Amazon Prime.
Retailers now need to prioritize supply chain resilience and
risk management due to the increasing frequency of global
disruptions including pandemics, natural catastrophes, and
geopolitical conflicts. Supply chain vulnerabilities were made
clear by the COVID-19 pandemic, which also highlighted the value of
enhancing resilience through diversity, agility, and backup plans.
Retailers are using digital technology to improve supply chain
visibility and responsiveness, rethinking their sourcing tactics,
and investing in redundant suppliers in an effort to reduce risks
and maintain business continuity.
Trade laws and regulations have an impact on how retail
logistics networks are set up and run. Retailers must adjust their
logistics plans in response to changes in trade agreements,
tariffs, and customs laws, which can have a significant impact on
supply chain dynamics. Furthermore, logistics operations must
comply with changing consumer protection laws and data privacy
legislation, which calls for investments in reliable systems and
procedures to guarantee adherence to moral and legal criteria.
Additionally, supply chains may be disrupted by geopolitical
developments and trade disputes between countries, which means that
retailers must proactively monitor and manage legislative changes
to preserve their competitiveness and operational efficiency.
Buy Now:
https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Auto-2A660&lic=single-user
RETAIL LOGISTICS MARKET SHARE:
In 2022, the Asia-Pacific
region dominated the world market. Significant urbanization is
occurring throughout Asia-Pacific,
which is causing a concentration of people in cities. Due to this
tendency, there is a greater need for efficient logistical networks
to distribute commodities to locations with high population
densities. Furthermore, for the effective flow of commodities both
inside and between nations, investments in ports, warehouses, and
other transportation and logistical infrastructure are essential.
Infrastructure upgrades have a favorable effect on the growth of
the regional retail logistics business.
Purchase Regional Report:
https://reports.valuates.com/request/regional/ALLI-Auto-2A660/Retail_Logistics_Market
Key Companies:
- XPO Logistics, Inc
- DSV
- Kuehne + Nagel International AG
- C.H. Robinson Worldwide, Inc.
- Nippon Express Co. Ltd
- FedEx Corporation
- Schneider
- United Parcel Service, Inc
- DHL International Gmbh
- APL Logistics Ltd
Purchase Chapters:
https://reports.valuates.com/request/chaptercost/ALLI-Auto-2A660/Retail_Logistics_Market
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers.
Please leave a note in the Comment Section to know about our
subscription plans.
DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
- The global contract logistics market size was valued at
USD 243.6 Billion in 2021, and is
projected to reach USD 505.3 Billion
by 2031, growing at a CAGR of 7.5% from 2022 to 2031.
- According to a new report published by , titled,
"Logistics Automation Market," The logistics automation market was
valued at USD 49.7 Billion in 2020,
and is estimated to reach USD 147.4
Billion by 2030, growing at a CAGR of 11.9% from 2021 to
2030.
- The global Cold chain logistics market was estimated to
be worth US$ 330680 million in 2023
and is forecast to a readjusted size of US$
877710 million by 2030 with a CAGR of 14.8% during the
forecast period 2024-2030.
- The global 3rd party logistics market was valued at
US$ 1027.71 billion in 2019 and is
projected to reach US$ 1789.94
billion by 2027 registering a CAGR of 7.1% from 2020 to
2027.
- Digital Logistics Market
- The global big data analytics in retail market size was
valued at US$ 4854 million in 2020
and is projected to reach US$ 25560
million by 2028 registering a CAGR of 23.1% from 2021 to
2028.
- Latin America logistics
Market
- The global Consumer and Retail Logistics Solutions
market was valued at US$ 1305 million
in 2022 and is anticipated to reach US$ 1821
million by 2029, witnessing a CAGR of 5.7% during the
forecast period 2023-2029.
- According to a new report published by , titled,
"Warehousing and Distribution Logistics Market," The warehousing
and distribution logistics market was valued at USD 12,018.98 billion in 2021, and is estimated
to reach USD 25,788.7 billion by
2031, growing at a CAGR of 7.7% from 2022 to 2031.
- According to a new report published by , titled,
"On-demand Logistics Market," The on-demand logistics market was
valued at USD 12.4 billion in 2021,
and is estimated to reach USD 80.6
billion by 2031, growing at a CAGR of 20.8% from 2022 to
2031.
- According to a new report published by , titled, "Rail
Logistics Market," The rail logistics market was valued at
USD 1,995.00 Billion in 2021, and is
estimated to reach USD 3,579.7
Billion by 2031, growing at a CAGR of 6.1% from 2022 to
2031.
- Reverse Logistics Market
- Cross-border E-commerce Logistics Market
- Outbound Logistics Market
- Inbound Logistics Market
- The global supply chain analytics market size was valued
at USD 4.53 Billion in 2019, and is
projected to reach USD 16.82 Billion
by 2027, growing at a CAGR of 17.9% from 2020 to 2027.
- Crowdsourced Logistics Market
- The global supply chain management market was valued at
USD 27.2 Billion in 2022, and is
projected to reach USD 75.6 Billion
by 2032, growing at a CAGR of 10.9% from 2023 to 2032.
- The global express delivery market size was valued at
US$ 262.86 billion in 2020 and is
projected to reach US$ 484.38 billion
by 2030 registering a CAGR of 6.4% from 2021 to 2030.
- The global Pallet Pooling market was valued at
US$ 9043.1 million in 2023 and is
anticipated to reach US$ 13210
million by 2030, witnessing a CAGR of 5.5% during the
forecast period 2024-2030.
- The global Freight Forwarding market was valued at
US$ 386.7 million in 2023 and is
anticipated to reach US$ 559.6
million by 2030, witnessing a CAGR of 5.5% during the
forecast period 2024-2030.
- Pharmaceutical Logistics market size is estimated to be
worth USD 102660 Million in 2022 and
is forecast to a readjusted size of USD
156680 Million by 2028 with a CAGR of 7.3% during the review
period.
- Road Freight Transportation Market
- The global retail ready packaging market was valued at
USD 65,143.4 million in 2021, and is
expected to reach USD
107,812.03million by 2031, with a CAGR of 5.1% from 2022 to
2031.
DISCOVER OUR VISION: VISIT ABOUT US!
Valuates offers in-depth market insights into various
industries. Our extensive report repository is constantly updated
to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report
covering your industry. We understand your niche region-specific
requirements and that's why we offer customization of reports. With
our customization in place, you can request for any particular
information from a report that meets your market analysis
needs.
To achieve a consistent view of the market, data is gathered
from various primary and secondary sources, at each step, data
triangulation methodologies are applied to reduce deviance and find
a consistent view of the market. Each sample we share contains a
detailed research methodology employed to generate the report.
Please also reach our sales team to get the complete list of our
data sources.
YOUR FEEDBACK MATTERS: REACH OUT TO US!
Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
YouTube: https://www.youtube.com/watch?v=2D18G4sdsP0
Blog: https://valuatestrends.blogspot.com/
Pinterest: https://in.pinterest.com/valuatesreports/
Twitter: https://twitter.com/valuatesreports
Facebook: https://www.facebook.com/valuatesreports/
https://www.facebook.com/valuateskorean
https://www.facebook.com/valuatesspanish
https://www.facebook.com/valuatesjapanese
https://valuatesreportspanish.blogspot.com/
https://valuateskorean.blogspot.com/
https://valuatesgerman.blogspot.com/
https://valuatesreportjapanese.blogspot.com/
Logo:
https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/retail-logistics-market-size-to-grow-usd-809-7-billion-by-2032-at-a-cagr-of-13-5--valuates-reports-302140082.html