Spain E-commerce Logistics Market Research report, 2027

Spain is located in a strategic geographic location where two of the European leading corridors, the Mediterranean and Atlantic corridors, circulate. The country acts as a gateway to the markets of Europe, Latin America, North Africa, and the Middle East. This makes the country a logistics hub for all modes of transport. In Spain, the logistics sector is growing. Spain's economy has experienced high growth rates of more than 3% in previous years, but in 2018 growth slowed marginally and is predicted to drop much further. Despite the country's economic slump, the e-commerce logistics industry continues to be attractive to investments and is anticipated to keep growing over the projected period. These corridors form part of the Trans-European Transport Network (TEN-T), which facilitates the movement of people and goods between European regions via modern, efficient infrastructure. The network is expected to be fully operational by 2030. E-commerce sales in Spain are worth more than EUR 25 billion, and the sector is expanding at a rate of more than 15% per year. The growth in the e-commerce market is spurring demand in the warehousing and distribution sector. With a coastline stretching 8,000 km, Spain is one of the leading European nations in maritime freight transportation. It is also one of the leading countries in terms of its rail network and road haulage. According to the research report titled, "Spain E-commerce Logistic Market Research Report, 2027", published by Actual Market Research, the market in the country is expected to grow with a CAGR of 13.98% in the future till 2027, which is an exceptional increase in growth rate from previous years when the CAGR was around 5%. Recent market trends in the country have shifted towards sustainability, with the e-commerce logistics market opting for eco-logistics, internet of things in automation, and an omni-channel approach. When a product is in transit, the Internet of Things provides real-time data to the consumer while also assisting the company in keeping track of its order functionality. Using eco-friendly materials for packaging and relying on less toxic transportation methods of electric vehicles wherever possible are increasing. The Omni-channel approach in e-commerce means making the products available through different types of services from home delivery to pickups that provides consumers with wider choices. The market in the report is segmented according to three major criteria: on the basis of the service provided; on the basis of the operations area; and on the basis of the transportation mode used. The majority of the companies in this country’s market operate in the domestic area, which comprises of almost around 70% of the total share compared to the international segment. This market sees this trend due to the earlier mentioned fact that Spain is a transit hub between different cities in Europe, which makes it a great place to set up logistics operations both for international and domestic operations. This majorly domestic market provides different services in the market with the three categories being warehousing, transportation, and other services, which include pick-up points, drop-off points, cash on delivery, and exchange or return. The largest segment in the market is that of transportation services, with the segment covering almost 70% of the total market in the year of 2021, followed by warehousing and then the other segment. The warehousing segment and other services are significantly higher compared to some other countries because of the highly dense road and railway network which connect the country and give access to all of Europe because of which warehousing services are in the market along with the provision of other services like returns and exchange. A warehouse should be placed in a location giving access to easy delivery and order management. The mode of transport used by these logistics companies is also a segment consisting of road, rail, sea, and air categories, out of which the majority of the market share goes to the road transport mode. This segment holds the majority due to the fact that every end-to-end logistics service almost always ends up on road transport because no other mode of transport can deliver goods to the consumer at their door step. This inevitable use of the category in the market helps it sustain its market presence even in the future. The market in Spain is driven by higher investment pouring in, which is the result of the country's excellent geographical location. Along with the rising global trends in the use of e-commerce and the shifting of buying behaviour online from luxurious items to everyday average items, increasing the buying frequency has led to an increase in the logistics operations of the country. The market is also experiencing obstacles in terms of sustainability where 25% of the total pollution in the country is contributed by freight transport and a little over 20% of the urban traffic is caused by the same. This was accompanied by the COVID-19 Pandemic in recent times, where the supply chain faced problems keeping up the production due to lockdowns and other restrictions, with freight transportation also being affected. The pandemic on the other hand aided in the shift of consumers to e-commerce, resulting in an increase in demand for e-commerce logistics. Considered in this report • Geography: Spain • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Spain E-Commerce Logistics market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation 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 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 list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing 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 verified 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.