The Europe Retail Logistics Market would witness market growth of 10.0% CAGR during the forecast period (2021-2027).
A robust retail logistics plan must be optimised in order to run a long-term direct-to-consumer (DTC) retail operation. Warehouse receiving, inventory management, fulfilment, and shipping are all stages of the retail logistics process. In order to achieve customer expectations for quick, low-cost delivery, every stage of the logistics process must be streamlined.
As a result, a retail logistics operation frequently necessitates both personnel and supply chain technology, which can dramatically boost logistics expenses. DTC brands may frequently outsource retail logistics to a third-party to save time and money.
Retail logistics have evolved along with the times. Retailers have attempted to increase collaboration in various logistics operations and have assumed responsibility for marketing and product development, which was formerly the domain of manufacturers.
Many companies in the region are adopting retail logistics solutions in order to organize primary distribution (from the factory to the warehouse) to make better use of logistics assets and combine secondary and primary distribution processes into a unified system to reduce waste. Hence, these factors are expected to fuel the growth of the regional retail logistics market during the forecasting period.
The Germany market dominated the Europe Retail Logistics Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $23.4 billion by 2027. The UK market would witness a CAGR of 9.2% during (2021 - 2027). Additionally, The France market is experiencing a CAGR of 10.8% during (2021 - 2027).
Based on Type, the market is segmented into Conventional Retail Logistics and E-Commerce Retail Logistics. Based on Solution, the market is segmented into Supply Chain Solutions, Commerce Enablement, Transportation Management, Reverse logistics & liquidation and Others. Based on Mode of Transport, the market is segmented into Roadways, Railways, Waterways and Airways. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Retail Logistics Market Size will Hit $388.6 Billion by 2027, at a CAGR of 10.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kintetsu World Express, Inc. (APL Logistics Ltd.) (Kintetsu Group Holdings Co., Ltd.), A.P. Moller - Maersk A/S, DSV A/S, Deutsche Post DHL Group, FedEx Corporation, Kuehne + Nagel International AG, Nippon Express Co., Ltd., XPO Logistics, Inc., United Parcel Service, Inc., and C.H. Robinson Worldwide, Inc.
By Type
By Solution
By Mode of Transport
By Country
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