Retail Logistics Market to Reach $809.7 Billion Globally by 2032 at 13.5% CAGR: Allied Market Research

Download Sample Pages - https://www.alliedmarketresearch.com/request-sample/14284

Prime Determinants of Growth

Increased global trade, particularly in developing economies, is expected to drive the growth of the global retail logistics market in the forecast period from 2023 to 2032. However, inadequate transportation infrastructure, like congested highways, limited ports, and poorly maintained roads, can cause delays in the delivery of products, which may hamper the retail logistics market growth in the coming future. On the contrary, the swift delivery options provided by retail logistics is expected to offer remunerative opportunities for the expansion of the retail logistics market during the forecast period.

Leading Players in the Retail Logistics Market:

The report provides a detailed analysis of the key players of the global retail logistics market. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain their dominance in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Procure Complete Research Report (PDF/ Excel with Qualitative and Quotative Data, Insights, Statistics, Tables, Charts, Figures) - https://www.alliedmarketresearch.com/retail-logistics-market/purchase-options

Retail Logistics Industry Report Coverage & Details:

COVID-19 Scenario

Solution: Supply Chain Solutions Sub-Segment Grabs Highest Share in 2022

The supply chain solutions sub-segment of the global retail logistics market accounted for the largest share of 28.4% in 2022 and is expected to grow significantly during the forecast period. The prominent growth of the sub-segment is mainly due to the increased adoption of cloud-based supply chain technologies, which help with tracking and optimizing transportation and handling returns.

Type: Conventional Retail Logistics Sub-segment to Observe Significant Growth by 2032

The conventional retail logistics sub-segment of the global retail logistics market accounted for the highest share of 54.3% in 2022 and is projected to witness substantial growth during the forecast period. The prominent growth of the sub-segment is mainly due to the growing use of conventional retail logistics services by consumers who have limited dependence on the Internet and thus choose to shop in conventional retail locations.

Mode of Transport: Roadways Sub-segment to Experience Massive Growth by 2032

The roadways sub-segment of the retail logistics market accounted for the highest share of 31.5% in 2022 and is projected to experience widespread growth during the forecast period. The prominent growth of the sub-segment is mainly due to the increased need for roadway vehicles for transporting retail products over large distances, particularly in domestic regions.

Interested to Procure the Research Report? Inquire Before Buying - https://www.alliedmarketresearch.com/purchase-enquiry/14284

Region: Asia-Pacific Market to Grab Highest Share by 2032

The retail logistics market in the Asia-Pacific region accounted for the largest share of 43.6% in 2022 and is predicted to grow at the highest CAGR of 14.1% by 2032. This growth is mainly due to the increased focus on transportation systems and ongoing logistics infrastructure enhancements in emerging countries.

Similar Reports We Have on Logistics Industry:

Logistics Market Research Report 2023-2032

Green Logistics Market Research Report 2023-2032

Contract Logistics Market Research Report 2023-2032

On-demand Logistics Market Research Report 2023-2032

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
[email protected]
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/retail-logistics-market-to-reach-809-7-billion-globally-by-2032-at-13-5-cagr-allied-market-research-301967212.html