Australia E-Commerce Logistics Market Outlook to 2026 Driven by rapid integration of automation technology & changing consumer shopping habits
The report “Australia E-Commerce Logistics Market Outlook to 2026 - Driven by rapid integration of automation technology & changing consumer shopping habits”by Ken Research provides a comprehensive analysis of the potential of E-Commerce in Australia. The report also covers overview and Socio-Economic Outlook, market size in terms of revenue; market segmentation by type of shipment, by Time Duration, By Delivery, By Area of Delivery, By Mode of Transport, By Payment Method, By Orders; Trends and developments, challenges and issues, Technological Disruptions; SWOT analysis; Government Policies and regulatory framework, COVID-19 Impact, Snapshot of E-Commerce, Digital Disruptions. The report concludes with future market projections & Outlook and analyst recommendations.
Detailed Analysis on the Australia E-commerce Logistics Market:
Rising digitalization, growing smartphone & internet penetration, and increasing consumer expectation of fast delivery and easy return policies in Australia has led to the growth of the industry. And also,Higher demand is expected to come from Tier II and beyond cities in future owing to better internet penetration in these areas, updated technology such as GPS, Drones, Monitored Robots will be used to tracking inventory in the future, Cash on Delivery is expected to decline in future due to increasing financial Inclusion in the country.The market is expected to see a good growth in Australia Ecommerce Logistics.
Australia E-Commerce Logistics Market:
By Delivery Area, 2021 & 2026F (by Revenue), 2021 & 2026F:
In 2021, Domestic Shipments dominated Ecommerce logistics market and captured the majority share of the market. Although international e-commerce parcels take more time as compared to the local parcels. For international imports customers have to book their e-commerce order with agents.
By Time Duration, 2021 & 2026F:
Increasing demand for same day deliveries in tier 1 and tier 2 cities, including Sydney, Melbourne, Brisbane. With the advent of new players in the Australian market with technology-oriented solutions for covering last-mile deliveries, there will be high investments & strategic tie-ups between different players. Players has been investing in decentralizing their fulfilment centres to cover a large region across the country, promulgating delivery turnaround time.
By Delivery Area, 2021 & 2026F:
The E-Commerce Logistics Market in Australia can also be segmented on the basis of Delivery Area: Interstate or Intrastate. Most of the shipments are delivered intrastate, but the gap with interstate shipments is expected to narrow down in the forecast period with more operators coming in, and therefore cheaper prices for interstate transport.
By Delivery Area, 2021 & 2026F:
The E-Commerce Logistics Market in Australia can also be segmented on the basis of Delivery: Area Intercity or Intracity. Intercity shipping accounted a growth in revenue in 2021 by capturing majority of the market share which was followed by intracity shipping capturing the rest of the market share.
By Mode of Transport, 2021 & 2026F:
Ground Express is the dominating segment with majority of the delivery taking place in one or two days from nearby warehouses. E-commerce giants try to ensure quick delivery and improve customer experience
By Payment Method, 2021 & 2026F:
Online payment contributed to the highest share attributed to increasing technological integration and surging digital usage by consumers post COVID-19. In coming years too, this segment is estimated to contribute to the majority share as even more technological advancements are taking place, especially with the advent of 5G and high internet penetration.
By Orders, 2021 & 2026F:
Most of the customers are satisfied with the orders and accept them, whereas some of the customers return the orders either due to unsatisfactory quality, wrong size, or having changed their mind, among other reasons. Returned orders are a loss for the company because the cost incurred in packing and shipping go to waste and are not recovered.
Competitive Landscape in Australia Ecommerce Logistics Market:
Australia Ecommerce Logistic Market is expected to witness growth in future owing to reasons such as Competitive Pricing, Wider Distributional Reach & Early Adoption of Technology. Australians tend to spend about twice as much when they shop online versus in a physical store.The Major Ecommerce Logistics players are Australia Post DHL, FedEx, Linfox, Toll group, DB Schenker, Courier Please, UPS, Mainfreight, Aramex, DTDC, E-store logistics, StarTrack. Players in Australia should focus on aspects like designing a new operating model, expanding pipeline with predictive analytics, getting in front of prospects through AI and gaining efficiencies through ML to grow their business. Companies in Ecommerce Logistics Market are competing based on Delivery time, logistics costs, strike rate, network coverage and technological advancements.
Australia Ecommerce Logistic Market Future Outlook and Projections:
Australia Ecommerce Logistics Market is Expected to grow with a high CAGR, between 2021-2026F, one of the major determinants for the surging growth in the coming years is the Growing Count of Logistics Startup, Burgeoning Demand for Last-mile Delivery Service, Trucking Services through Online Marketplace, Rising Demand of Door-to-door Parcel Pickup & Delivery Services and the augmenting use of EVs for Transportation. Higher digitization and the usage of Artificial Intelligence and Machine Learning is making easier and helping in assessing the different possibilities of E-Commerce Logistics Market, and others areas, such as Drop Shipping, Quick commerce, sustainable packaging material etc, which has flourished the Australia Ecommerce Logistics Market.
Please Note:It will take 5-7 business days to complete the report upon order confirmation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook