The Business Research Company’s report on the Cross-Border E-Commerce Logistics Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the cross-border e-commerce logistics market in recent years?
The growing popularity of e-commerce is expected to propel the growth of the cross-border e-commerce logistics markets going forward. E-commerce involves purchasing and selling goods and services online through digital platforms, offering unmatched convenience and accessibility. The popularity of e-commerce is driven by a broad product selection, the ability to shop 24/7 from any location, and often more competitive pricing than traditional retail. The surge in cross-border transactions necessitates efficient logistics solutions to manage the complexities of international shipping, including customs clearance, regulatory compliance, and delivery to diverse global locations. For instance, in August 2023, according to reports published by the United States Census Bureau, a US-based government agency, in the second quarter of 2024, U.S. retail e-commerce sales reached $291.6 billion, a 1.3% increase from the previous quarter and a 6.7% rise from the same period in 2023, while total retail sales were estimated at $1,826.9 billion, reflecting a 0.5% increase from the first quarter and a 2.1% increase year-over-year, with e-commerce accounting for 16.0% of total sales. Therefore, the growing popularity of e-commerce is driving the growth of the cross-border e-commerce logistics market.
Access Your Free Sample of the Global Cross-Border E-Commerce Logistics Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=21429&type=smp
What is the projected market size of the cross-border e-commerce logistics industry, and how is it expected to grow?
The cross-border e-commerce logistics market size has grown rapidly in recent years. It will grow from $86.45 billion in 2024 to $103.52 billion in 2025 at a compound annual growth rate (CAGR) of 19.7%. The growth in the historic period can be attributed to the rapid expansion of online retail, the increasing number of online shoppers, the rise of mobile commerce, the growing e-commerce start-ups, and favorable trade regulations.
The cross-border e-commerce logistics market size is expected to see rapid growth in the next few years. It will grow to $210.11 billion in 2029 at a compound annual growth rate (CAGR) of 19.4%. The growth in the forecast period can be attributed to the rise of same-day and next-day delivery services, the rapid spread of fashion trends across borders, the increasing penetration of mobile computing devices, the adoption of blockchain technology in logistics, and the increasing proliferation of the internet. Major trends in the forecast period include advancements in logistics technology, expansion of e-commerce platforms, integration of digital technologies, new product innovation, and integration of high-end technology.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=21429&type=smp
Who are the key players driving competition in the cross-border e-commerce logistics market?
Major companies operating in the cross-border e-commerce logistics market are Amazon.com Inc., Alibaba Group, DHL Group, United Parcel Service Inc., FedEx Corp., A.P. Moller – Maersk, Kuehne + Nagel Management AG, S.F. Holding Corporate, DSV A/S, DB Schenker, C.H. Robinson Worldwide Inc., CEVA Logistics SA, Nippon Express, Geodis, XPO Logistics Inc., Hellmann Worldwide Logistics, SEKO Logistics, ModusLink, Global-e, Aramex PJSC, Samarkand Global, ezbuy
What key trends are expected to drive the credentials verification organization (cvo) services market during the forecast period?
Major companies operating in the cross-border e-commerce logistics market are focusing on expanding e-commerce platforms, such as ocean shipping services, to improve logistics capacity and optimize supply chain efficiency, providing enhanced flexibility and faster delivery options to meet growing global trade demands. Ocean shipping refers to transporting goods and cargo via sea routes using container ships, bulk carriers, or tankers. It is a cost-effective method for moving large volumes of goods internationally across continents. For instance, in July 2024, A.P. Moller-Maersk, a Denmark-based integrated transport and logistics company, launched a new ocean shipping service, SH3, between China and Bangladesh to meet increasing trade demand, particularly in the retail industry. Starting from Shanghai Port, SH3 will call at Xiamen, Kaohsiung, Nansha, and Tanjung Pelepas before reaching Chittagong, Bangladesh. The service will complement existing SH1, SH2, and IA7 services, offering more options for loading cargo and providing flexibility in supply chains.
Which key geographies are driving the growth of the cross-border e-commerce logistics market?
Asia-Pacific was the largest region in the cross-border e-commerce logistics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cross-border e-commerce logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Order Your Report Now For Swift Delivery
What are the key segments driving growth in the cross-border e-commerce logistics market?
The cross-border e-commerce logistics market covered in this report is segmented –
1) By Delivery Type: Standard Delivery, Same-Day Delivery
2) By Service: Transportation, Warehousing, Other Services
3) By End-Use: Apparels, Consumer Electronics, Automotive, Healthcare, Food And Beverage, Other End-Users
Subsegments:
1) By Standard Delivery: Economy Shipping, Express Shipping, Freight Shipping
2) By Same-Day Delivery: Urban Delivery, Regional Delivery, International Expedited Delivery
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=21429
How is the cross-border e-commerce logistics market defined, and what are its core characteristics?
Cross-border e-commerce logistics refers to the complex process of managing the movement, storage, and delivery of goods across international borders for online transactions, involving customs clearance, compliance with international trade regulations, tracking, and efficient last-mile delivery to ensure seamless global trade for e-commerce businesses. This enables enterprises to expand their market reach globally, ensures timely delivery of goods to international customers, supports efficient customs management, and enhances customer satisfaction by providing real-time tracking and cost-effective shipping solutions.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
