The BRICS e-commerce logistics market is projected to have a considerable CAGR of 13.7% during the forecast period. The major factors contributing to the growth of the market include the rising inclination of enterprises towards e-commerce platforms and the rising number of start-ups entering the B2B e-commerce space. The increasing e-commerce market is one of the major reasons for augmenting the logistic market of e-commerce during the forecast period. With the Introduction of prominent e-commerce companies such as Alibaba, Amazon is expected to provide a substantial growth rate to the e-commerce and its logistic market in the China region. After setting up business in developed economies, the e-commerce companies targeted the most emerging and lucrative market. As most of the countries such as Brazil, Russia, China, and India are providing a positive growth rate, the e-commerce companies are targeting these countries significantly. Moreover, increasing internet penetration and the growing trend of online shopping are the factors that are boosting the BRICS e-commerce logistics market.
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However, undeveloped infrastructure and unstable price of petrol and diesel, high costs for reverse logistics, lack of adequate data, logistics infrastructure, trust, regulations, cross-border customs clearance, are the major concerns hampering the market growth. Moreover, technological advancements in e-commerce logistics are expected to create lucrative opportunities in the market during the forecast period.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
BRICS E-Commerce Logistics Market Report Segment
By Products
- Baby Products
- Personal Care Products
- Books
- Home Furnishing Products
- Apparel Products
- Electronics Products
- Automotive Products
- Others
By Services
- Transportation Services
- Warehouse Services
- Others
By Location
- Urban
- Semi-Urban
- Rural
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the BRICS e-commerce logistics market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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