E-Commerce Logistics Market Size By Service Type (Transportation, Warehousing), Operational Area (In
E-Commerce Logistics Market Synopsis
The Global E-Commerce Logistics Market size is expected to grow from USD 591636 million in 2022 to USD 667365.41 million by 2030, at a CAGR of 12.80% during the forecast period (2023-2030).
The term "E-commerce logistics" is used to describe the transportation and supply chain management processes that facilitate the flow of commodities and services in the e-commerce sector.
It involves the preparation, implementation, and management of the physical, informational, and monetary processes necessary to complete an online purchase and has it delivered to the customer.
E-commerce logistics involves various tasks, including order processing, inventory management, warehousing, packaging, transportation, last-mile delivery, and returns management. It requires efficient coordination and integration of these activities to ensure timely and accurate delivery of products to customers, as well as efficient handling of returns and exchanges.