The global cross-border e-commerce logistics market size is expected to increase by USD 44.61 billion between 2020 and 2025, expanding at a CAGR of 11% during the forecast period. The report identifies APAC as the largest market. The presence of a large consumer base for e-commerce product suppliers is creating huge opportunities for market players.
The global cross border ecommerce logistics market is fragmented owing to the presence of many regional and international players. The increase in technological innovations is expected to intensify the competition in the market. The major vendors in the market compete on various parameters such as providing innovative solutions like fulfillment centers closer to the customer location.
Technavio identifies A.P. Moller Maersk AS, Aramex International LLC, C.H. Robinson Worldwide Inc., CEVA Logistics AG, Deutsche Post AG, DSV Panalpina AS, FedEx Corp., Kuehne Nagel International AG, United Parcel Service Inc., and XPO Logistics Inc. as some of the major market participants. Although the increasing penetration of mobile computing devices, growth of eCommerce startups, and increasing cross border eCommerce activities will offer immense growth opportunities, the high cost of air freight and logistics, growing number of cargo thefts, and stringent regulations on eCommerce logistics will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Cross-border E-commerce Logistics Market 2021-2025: Segmentation
The global cross-border e-commerce logistics market is segmented as below:
- Service
- Transportation
- Warehousing
- Others
By service, the transportation segment will have the largest share of the market. The growth of the e-commerce industry and increased government expenditure on logistics infrastructure are driving the growth of the market.
- Geographic
- APAC
- North America
- Europe
- South America
- MEA
By region, APAC will emerge as the key market for cross border ecommerce logistics during the forecast period. Factors such as the rise in the disposable income of people and urbanization, the penetration of smartphones in countries such as India and China, and incremental smartphone and the high internet penetration rates in these countries will drive the growth of the regional market.
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Cross-border E-commerce Logistics Market 2021-2025 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our market report covers the following areas:
- Cross-border E-commerce Logistics Market size
- Cross-border E-commerce Logistics Market trends
- Cross-border E-commerce Logistics Market industry analysis
This study identifies the adoption of blockchain technology in the logistics market as one of the prime reasons driving the market growth during the next few years.
Cross-border E-commerce Logistics Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the cross-border e-commerce logistics market. Backed with competitive intelligence and benchmarking, our research report on the cross-border e-commerce logistics market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Cross-border E-commerce Logistics Market 2021-2025 : Key Highlights
- CAGR of the cross-border e-commerce logistics market during the forecast period 2021-2025
- Detailed information on factors that will assist cross-border e-commerce logistics market growth during the next five years
- Estimation of the cross-border e-commerce logistics market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the cross-border e-commerce logistics market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of cross-border e-commerce logistics market vendors
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