DUBLIN–(BUSINESS WIRE)–The “India E-commerce Logistics Market Forecast to 2027 – COVID-19 Impact and Regional Analysis by Service Type, Operational Area, and End User” report has been added to ResearchAndMarkets.com’s providing.
In line with this report the Indian e-commerce logistics market is predicted to succeed in US$ 11.48 billion by 2027 from US$ 2.93 billion in 2019; it’s estimated to develop at a CAGR of 18.8% from 2020 to 2027.
The report gives traits prevailing within the India e-commerce logistics market together with the drivers and restraints pertaining to the market development. The Indian e-commerce logistics market is flourishing because of enhance in web penetration, rise in adoption of smartphones, favorable demographics, surge in acceptability of on-line cost, and emergence of a number of new e-commerce gamers on social media. Additional, supportive authorities initiatives to spice up infrastructure growth and implantation of GST have improved the supply of e-commerce items throughout the nation. Nonetheless, the cybersecurity danger is predicted to hamper the Indian e-commerce logistics market to a sure extent.
The India e-commerce logistics market is segmented into service kind, operational space, and finish consumer. Primarily based on service kind, the market is segmented into transportation, warehousing, and value-added companies. In 2019, the transportation phase held the most important share of the market. When it comes to operational space, the market is segmented into home and worldwide. The home phase is predicted to register the very best CAGR in the course of the forecast interval. Primarily based on end-user, the market is bifurcated into B2B and B2C. The B2C phase contributed a considerable share to the market in 2019.
The COVID-19 pandemic has resulted in fueling the expansion of the e-commerce logistics sector. E-commerce gamers are in search of various warehousing areas to assist in the continuity of their enterprise, together with mitigating supply delays. With the rising consciousness for social distancing amongst Indians, folks have began choosing on-line platforms greater than earlier than, even in rural areas. Additional, prolonged lockdowns in a number of nations have resulted in disrupting the availability chain. E-commerce logistics gamers are leveraging choices, comparable to contactless deliveries, to mitigate the chance of an infection, additional boosting the demand for on-line gross sales. Additionally, a number of retailers throughout the nation are going surfing to increase their attain. It has provided a wider alternative of products to the shoppers at aggressive pricing, thus boosting e-commerce gross sales. In line with a report printed by Unicommerce titled – E-commerce Traits Report 2020, as of June 2020, India’s e-commerce business observed an general order-volume development of 17% publish the outbreak of COVID-19.
Causes to Purchase
- Save and scale back time finishing up entry-level analysis by figuring out the expansion, measurement, main gamers and segments within the India e-commerce logistics market.
- Highlights key enterprise priorities to be able to help corporations to realign their enterprise methods.
- The important thing findings and suggestions spotlight essential progressive business traits within the India e-commerce logistics market, thereby permitting gamers throughout the worth chain to develop efficient long-term methods.
- Develop/modify enterprise growth plans through the use of substantial development providing developed and rising markets.
- Scrutinize in-depth India market traits and outlook coupled with the elements driving the market, in addition to these hindering it.
- Improve the decision-making course of by understanding the methods that underpin industrial curiosity with respect to consumer merchandise, segmentation, and distribution.
- Rising focus of e-commerce gamers in direction of value optimization and streamlining workflow
- Growing adoption of smartphones coupled with rising web penetration
- Threat associated to cyber-security
- Rising variety of e-commerce gamers
- Introduction of progressive applied sciences
Firms Talked about
- FedEx Company
- Ecom Categorical Personal Restricted
- Gati-Kintetsu Categorical Personal Restricted
- Ekart Logistics
- Mahindra Logistics Ltd
- Amazon.com, Inc
- Blue Dart Categorical Restricted
- Delhivery Pvt Ltd
For extra details about this report go to https://www.researchandmarkets.com/r/ftttba
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