Asia-Pacific E-commerce Logistics Market Outlook, 2027

E-commerce logistics is one of the most critical parts to an online store, but costs continue to rise every year. Increased online sales push up demand and limit available freight capacity, with increasing regulations, wages and employee shortages driving prices upwards as well. The Asia-Pacific is the biggest e-commerce market. Asia-Pacific e-commerce logistics market has been growing at a rapid pace, owing to rising e-commerce market and market players including new entrants, low-cost workforce, increasing smartphone and internet penetration, and evolving cross-border e-commerce market. In 2021, the internet penetration rate in Asia-Pacific was just over 64%, which was more than double the internet penetration rate in 2010. The number of online users in the Asia-Pacific region exploded in 2021, reaching over 2.5 Billion. Half of these users were from China and India. However, at the end of 2020, 1.2 billion people across Asia Pacific were calculated to be connected to the mobile internet, equivalent to a 42% penetration rate. Further, increasing business to business (B2B) and business to consumer (B2C) sales across the Asia-Pacific region are expected to create higher demands for essential logistics service. According to the report titled, “Asia-Pacific E-Commerce Logistics Market Research Report, 2027”, published by Actual Market research, the market is anticipated to expand with more than 15% CAGR during the forecast period. In emerging markets such as India, China and Indonesia, the trend of cross-border e-commerce market is increasing. Asia-Pacific is expected to generate around 40% significant market growth of the global cross-border revenue. These countries have also recorded an increase in foreign goods consumption and are driving demand in the market. Additionally, China is expected to be the largest market for online shopping as the growing middleclass population is increasingly spending on foreign products. While the e-commerce logistics market in Asia-Pacific is highly fragmented with the presence of several small and medium-sized players, there are also many domestic players providing logistics services at lower prices as an inexpensive alternative to the big players. Asia-Pacific e-commerce logistics market is segmented into five prominent countries including China, Japan, India, Australia, South Korea. Among these countries, China is projected to occupy larger portion of the market share during the forecast period. China is anticipated to dominate the global market as well as for e-commerce logistics market. The increasing demand for e-commerce logistics player services due to the increase in e-retailing in the region has attracted many new players who have large capital to invest. According to the report, Asia-Pacific market is segregated into two operation area types including international and domestic. Domestic segment is projected to acquire higher market share during the forecast period owing to high adoption across the region. According to the report, Asia-Pacific market is segmented into various service types including warehousing, transportation, return and inventory management. Among these types, transportation segment is expected to dominate the market in 2021 whereas warehousing segment is projected to gain higher momentum in the upcoming timeframe owing to growing e-commerce industry. As per the transportation mode, Asia-Pacific e-commerce logistics market is segregated into four types including road, train, air and sea. Among these types, nearly half of the market share has been occupied by road transportation. However, sea transportation segment is projected to expand with higher CAGR as various economies such as Japan and Australia are surrounded by sea. In that case, air and sea transportation plays important part in Asia-Pacific market. Further, based on product type, electronics and apparel & accessories segments are anticipated to acquire nearly half of the market share during the forecast period. Covid-19 impact: The outbreak of COVID-19 has impacted the entire global economy and there will be gradual effects on the global economy in the future. Online retail in Asia-Pacific was hit hard by the Covid-19 pandemic. The e-commerce industry in Asia-Pacific has been struggling with unprecedented product shortages and other logistical bottlenecks. Heavy impact was witnessed in supply chain due to lockdown situations. However, various companies have profited from the shifts in consumer behaviour towards online shopping caused and advanced by the pandemic. Major Companies present in the market: FedEx Corporation, Deutsche Post AG, SF Express Co. Limited, United Parcel Service, Inc., Aramex International, XPO Logistics, Inc., Deutsche Bahn AG, Nippon Express Co., Limited, Kerry Logistics Network Limited, Rhenus Group, Clipper Logistics plc, Gati Limited, Kenco Group, Inc., ZTO Express Considered in this report • Geography: Asia-Pacific • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Asia-Pacific E-Commerce Logistics market with its value and forecast along with its segments • Country-wise e-commerce logistics market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Countries covered in the report • China • Japan • India • Australia • South Korea By service type in the report: • Warehousing • Transportation • Other Service (Return, Inventory management) By operational area in the report: • International • Domestics By transportation mode in the report: • Road • Rail • Air • Sea By product type in the report: • Electronics • Apparel and Accessories • Home Furnishing Products • Health, Personal Care and Beauty • Auto and Parts • Baby Products • Books • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to e-commerce logistics industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.