Sunday, July 21, 2024

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Automotive, Transportation and Warehousing India E-Commerce Logistics | Transport Market – Ken Research

India E-Commerce Logistics | Transport Market – Ken Research

Market Overview

In this digital era, the ascend in the requirement for delivery logistic enterprises with the assistance of digital technology in the industry has led to an augment in the performance of e-commerce industry due to which there would be a positive impression on the e-commerce logistics market. For example, blockchain revolution has further advancing the e-commerce logistics business by empowering clients to keep a track. This innovation would benefit e-commerce logistic business to run more cost-effective.

In addition to that, the appearance of cross-border e-commerce activities and changes in customer lifestyle, i.e., preferences for shopping at their fingertips is predicted to foster the global e-commerce logistics during the near foreseeable future. Also, stronger interactions and communication among customers and service providers would sustenance the market expansion.

Report Analysis

According to the report analysis, ‘India E-Commerce Logistics Market Outlook to 2025-Driven by Changing Shopping Patterns and Increasing Demand of Fast Delivery Servicesstates that high Internet Penetration due to robust government initiatives coupled with decreasing prices of smart phones and data plans by telecom service providers has led to a drastic augment in the number of Online shoppers around India.

The E-commerce Logistics segment in India is in late growth stage and has developing as an organized market structure. The industry has flourished owing to fluctuating Consumer shopping preferences from physical stores to online market places from the coziness of their homes. The E-commerce Logistics Industry has augmented at a CAGR of 24.3% on the basis of revenue and a CAGR of 27.4% on the basis of number of shipments over the duration FY’2015-FY’2020. Foremost growth drivers of the Industry are greater internet penetration, augment in number of Smartphone users, growing propensity to purchase online, increasing demand from Tier 2 and below cities, new technological innovations, growing consumer expectations for fast delivery services and many more.

Request for Sample Report @

https://www.kenresearch.com/sample-report.php?Frmdetails=NDE5NTI2

Competitive Landscape

The E-commerce Logistics Industry of India is quite concentrated with existence of 10-12 foremost players in the market. Top 2 players called E-Kart and ATS captures majority of the revenue share. Companies in this space battle against each other to attain and retain clients, enlarge the geographical presence, enlarge service offering and advance unit economics to augment the margins. Worth of Mouth and Reputation play an imperative role in expanding client base around this industry. Delivery Cost, Delivery Time, Network Coverage, Brand Value, Technology Stack, Success Rate are some of the challenging parameters each company aims upon to attain the customer trust.

Future Growth

The E-commerce Logistics Industry is predicted to flourish in India with growing demand from Tier 2 and below cities (due to greater internet penetration) and augmenting consumer expectations for fast delivery services. This industry is predicted to observe a CAGR of 23.6% in terms of revenue during the forecast duration FY’2020-FY’2025F. Continuing technological disruptions such as Monitored Robots, Drones, Inbuilt RFID, GPS, IoT, telematics and more which assistance in tracking Inventory and deliver products on time will attain the higher traction during future. Development of Fulfilment Centres in Tier 2 and below cities will augment to better serve the population in these locations.

For more information, click on the link –

E-commerce retail logistics market in India

Related Reports –

India Corporate Training Market Outlook to 2025 driven by Introduction of Experimental Training, Greater Use of Artificial Intelligence and Increase in Government Initiatives to Boost Training

Contact Us: –

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com 

+91-9015378249

RELATED ARTICLES

What Makes Activa 6G Red Colour Stand Out Style and Features Reviewed

The Honda Activa Scooty has been a popular choice in the Indian market for decades, and the new Activa 6G Red Colour has taken...

Car Rental Market Share: Understanding the Competitive Landscape

In the fast-paced world of transportation, the car rental market stands as a dynamic and indispensable sector, offering mobility solutions to individuals and businesses...

Used Vehicles Market: Major Players and Trends

In the ever-evolving landscape of transportation, the used vehicles market emerges as a dynamic and bustling sector, teeming with opportunities and challenges alike. From...

Most Popular

Navigating the Dynamic Landscape of the Smartphone Industry

The Smartphone industry stands at the forefront of technological innovation, shaping the way individuals communicate, work, and interact with the digital world. From cutting-edge...

US Food Allergen Testing Industry: Trends, Challenges, and Opportunities

The US Food Allergen Testing industry is a critical sector safeguarding public health by ensuring food safety and catering to the growing population with...

The Dynamics of the Coal Mining Market: Growth Drivers and Challenges

Introduction Coal mining serves as a cornerstone in fueling industries, generating electricity, and fostering economic growth worldwide. This article delves into various facets of the...

A Market Research Report on the Cosmeceuticals Industry in India

The Indian beauty landscape is witnessing a fascinating shift. Consumers are no longer just seeking products that enhance appearance; they are actively seeking solutions...