NEW YORK, May 31, 2021 /PRNewswire/ — The cross-border e-commerce logistics market is expected to grow by USD 44.61 billion during 2021-2025, according to the new report from Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic, in the first half of 2021. In addition, the report projects the market to accelerate at a CAGR of almost 11%.
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Read the 120-page report with TOC on “Cross border eCommerce Logistics Market Analysis Report by Service (Transportation, Warehousing, and Others) and Geography (APAC, North America, Europe, South America, and MEA), and the Segment Forecasts,2021-2025″. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions.
More Details: https://www.technavio.com/report/report/cross-border-e-commerce-logistics-market-industry-analysis
The cross-border e-commerce logistics market is driven by the increasing penetration of mobile computing devices. In addition, the growth of e-commerce startups will boost the growth of the global cross-border e-commerce logistics market.
Mobile devices and tablets are witnessing considerable growth in the markets worldwide. The increasing penetration of mobile devices has encouraged the development of mobile applications to transform the customer experience. Factors such as growing digital literacy, increasing per capita income, the growing availability of low-cost smartphones, and rising Internet penetration boost the growth of the market. In addition, the advent of social commerce has simplified customers' shopping experience and helps brands track sales directly from the mobile application. With the growth of social commerce, e-commerce orders are increasing which in turn increases the demand for cross-border eCommerce logistics during the forecast period.
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Major Five Cross border e-commerce Logistics Companies:
A.P. Moller Maersk AS
A.P. Moller Maersk AS offers TradeLens, a joint initiative by Maersk and IBM that allows all stakeholders involved in cross border trade to interact in a real-time environment.
Aramex International LLC
Aramex International LLC offers eCommerce solutions that assist start-ups and established businesses in supply chain management, technical support, and more.
C.H. Robinson Worldwide Inc.
C.H. Robinson Worldwide Inc. offers logistic services located strategically around the world to provide shipping services across borders, continents, and oceans.
CEVA Logistics AG
CEVA Logistics AG offers eCommerce fulfillment centers that feature multi-brand operations, value-added services for the online program, and cross-border shipments.
Deutsche Post AG
Deutsche Post AG offers worldwide experience in eCommerce logistics and an international network to handle any supply chain.
Cross Border E-commerce Logistics Market Service Outlook (Revenue, USD billion, 2020-2025)
- Transportation – size, and forecast 2020-2025
- Warehousing – size and forecast 2020-2025
- Others – size and forecast 2020-2025
Cross Border E-commerce Logistics Market Geography Outlook (Revenue, USD billion, 2020-2025)
- APAC – size and forecast 2020-2025
- North America – size and forecast 2020-2025
- Europe – size and forecast 2020-2025
- South America – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
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