Global Retail Logistics Market to Reach US$557.1 Billion by 2030
The global market for Retail Logistics estimated at US$301.1 Billion in the year 2024, is expected to reach US$557.1 Billion by 2030, growing at a CAGR of 10.8% over the analysis period 2024-2030. Conventional Retail Logistics, one of the segments analyzed in the report, is expected to record a 9.9% CAGR and reach US$305.8 Billion by the end of the analysis period. Growth in the eCommerce Retail Logistics segment is estimated at 12.0% CAGR over the analysis period.
The U.S. Market is Estimated at US$81.3 Billion While China is Forecast to Grow at 14.6% CAGR
The Retail Logistics market in the U.S. is estimated at US$81.3 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$118.2 Billion by the year 2030 trailing a CAGR of 14.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 8.1% and 9.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.
Why Is Retail Logistics Crucial for the Success of Modern Retail Operations?
Retail logistics is crucial for the success of modern retail operations as it ensures the efficient movement of goods from suppliers to retail stores or directly to customers. In the highly competitive retail industry, the ability to deliver products quickly, reliably, and cost-effectively is a key differentiator. Retail logistics encompasses a wide range of activities, including inventory management, warehousing, order fulfillment, and last-mile delivery. As consumer expectations for fast and convenient shopping experiences continue to rise, the importance of efficient and responsive retail logistics has never been greater. Retailers are increasingly investing in advanced logistics solutions to meet the demands of today`s consumers and gain a competitive edge in the market.
How Are Technological Advancements Transforming Retail Logistics?
Technological advancements are transforming retail logistics by enhancing the efficiency, speed, and accuracy of supply chain operations. Innovations such as automation, robotics, and AI-driven analytics are streamlining warehouse operations, improving inventory management, and reducing order processing times. The adoption of advanced tracking and visibility technologies, including IoT and blockchain, is providing retailers with real-time insights into the status and location of goods, enabling better decision-making and improved customer service. Additionally, the rise of e-commerce and omnichannel retailing is driving the integration of digital platforms with logistics systems, allowing for seamless order fulfillment and delivery across multiple channels. These technological advancements are making retail logistics more agile, scalable, and capable of meeting the evolving needs of the retail industry.
What Market Trends Are Driving the Demand for Retail Logistics Services?
Several key market trends are driving the demand for retail logistics services, including the rapid growth of e-commerce, the increasing importance of last-mile delivery, and the shift towards omnichannel retailing. The rapid growth of e-commerce is leading to higher volumes of online orders, driving the need for efficient logistics solutions that can handle the complexities of order fulfillment and delivery. The increasing importance of last-mile delivery, which involves the final leg of the delivery process to the customer, is also boosting demand for logistics services that can provide fast, reliable, and cost-effective delivery options. Additionally, the shift towards omnichannel retailing, where customers can shop seamlessly across online and offline channels, is creating new challenges for logistics providers as they work to integrate and optimize supply chain operations across multiple channels. These trends are shaping the future of retail logistics, driving innovation and growth in the industry.
What Is Driving the Growth in the Retail Logistics Market?
The growth in the retail logistics market is driven by several factors. The rapid expansion of e-commerce, which requires efficient and scalable logistics solutions, is a major driver of market growth. Technological advancements in automation, robotics, and digital platforms are also contributing to market growth by improving the efficiency and responsiveness of logistics operations. The increasing importance of last-mile delivery, driven by consumer expectations for fast and convenient delivery options, is further supporting the demand for advanced logistics services. Additionally, the shift towards omnichannel retailing is creating new opportunities for growth in the retail logistics market as retailers seek to provide seamless shopping experiences across multiple channels. These factors, combined with the ongoing need for cost-effective and reliable logistics solutions, are driving the expansion of the retail logistics market.
SCOPE OF STUDY:TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.
We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.
As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.
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APRIL 2025: NEGOTIATION PHASE
Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.
JULY 2025 FINAL TARIFF RESET
Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.
Reciprocal and Bilateral Trade & Tariff Impact Analyses:
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Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.
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