Lucintel's latest market report analyzed that e-commerce logistics provides attractive opportunities in the transportation and warehousing sectors. The e-commerce logistics market is expected to reach $XX billion by 2028 with a CAGR of 16% to 18%. In this market, transportation is the largest segment by service type, whereas domestic is largest by operational area.
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Based on service type, the e-commerce logistics market is segmented into transportation and warehousing. The transportation segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the integration of e-commerce logistics with transportation management software (TMS) and an increase in optimizing the flow of goods and leveraging consolidated capacity.
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The E-Commerce Logistics Market is marked by the presence of several big and small players. Some of the prominent players offering e-commerce logistics include DHL International, Aramex International, FedEx Corporation, S.F. Express, Gati, Kenco Group, Ceva Holdings, United Parcel Service, Clipper Logistics, and XPO Logistics.
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