Blockchain and Digital Transformation Reshaping the Global Reverse Logistics Industry
Dublin, Dec. 12, 2024 (GLOBE NEWSWIRE) — The “Reverse Logistics Market 2024-2028” report has been added to ResearchAndMarkets.com’s offering.
The reverse logistics market is forecasted to grow by USD 398.9 billion during 2023-2028, accelerating at a CAGR of 8.8% during the forecast period.
This report on the reverse logistics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is driven by growing e-commerce industry, increasing cross-border trade globally, and increasing use of multimodal transport.
The study identifies the use of blockchain with reverse logistics as one of the prime reasons driving the reverse logistics market growth during the next few years. Also, growing demand for reverse logistics and digital transformation in reverse logistics will lead to sizable demand in the market.
The reverse logistics market is segmented as below:
By Type
- Recalls
- Commercial and B2B returns
- Repairable returns
- End of use returns
- End of life returns
By End-user
- E-commerce
- Retail
- Automotive
- Healthcare
- Others
By Region
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the reverse logistics market covers the following areas:
- Reverse logistics market sizing
- Reverse logistics market forecast
- Reverse logistics market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading reverse logistics market vendors.
Also, the report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
A selection of companies mentioned in this report includes, but is not limited to:
- Aramex International LLC
- Blue Dart Express Ltd.
- C H Robinson Worldwide Inc.
- CMA CGM SA Group
- Core Logistic Pvt. Ltd.
- Deutsche Post AG
- DTDC Express Ltd.
- Ecom Express Pvt. Ltd.
- FedEx Corp.
- First Flight Courier Ltd.
- GXO Logistics Inc.
- Happy Returns LLC
- Kintetsu Group Holdings Co. Ltd.
- Nippon Yusen Kabushiki Kaisha
- Pitney Bowes Inc.
- Reverse Logistics GmbH
- Safexpress Pvt. Ltd.
- Shipbob Inc.
- TCI Express Ltd.
- United Parcel Service Inc.
For more information about this report visit https://www.researchandmarkets.com/r/v5f6yc
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