The ASEAN e-commerce logistics is anticipated to grow at a considerable CAGR of 20.6% during the forecast period (2021-2027). The market growth is mainly attributed to the increasing in the number of e-commerce industries across the globe. There has been a rising number of new players along with rapid urbanization and internet penetration to meet the needs of the people. Logistics companies also allow the customers to track the real-time location of their orders and know the status of the delivery for smooth business operations, thus driving the growth of the ASEAN e-commerce logistics market. More high discount offers and a variety of products have increased the interest of people towards online shopping and the increase in awareness among people is further expected to increase the growth of the market in the forecast period. Moreover, online transactions leading to an increase in e-commerce sales, online shopping, and inclination towards cashless culture are some of the other factors that drive the growth of the market.
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For instance, In September 2020, LAZADA Group, the e-commerce company in Southeast Asia, and Nike partnered to serve more consumers in Southeast Asia. This partnership allows consumers to constantly offer product accessibility, gratifying shopping experiences, and a wide variety of innovation and design in the region in line with the companies digital growth. this marketplace experience paired with Nike, and existing strategic partnerships to enrich LAZADA offerings and choices for consumers within the Nike digital ecosystem. The collaboration between Nike and Lazada serves in the Philippines, Indonesia, Malaysia, and Singapore.
Market Coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
Segment Covered-
· By Service
· By Product
· ByLocation
Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
Competitive Landscape – United Parcel Service, Inc., FedEx Corp., DB Schenker, DPDgroup, e-Commerce., LBC Express Holdings Inc., Lazada Group, Rakuten Group.
Key questions addressed by the report
· What is the market growth rate?
· Which segment and region dominate the market in the base year?
· Which segment and region will project the fastest growth in the market?
· How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
· Who is the leader in the market?
· How are players addressing challenges to sustain growth?
· Where is the investment opportunity?
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A full Report of ASEAN e-commerce logistics Market is Available at: https://www.omrglobal.com/industry-reports/asean-e-commerce-logistics-market
Global ASEAN E-commerce Logistics Market
By Service
· Transportation Services
· Warehousing Services
· Other E-Commerce Logistics Services
By Product
· Baby Products
· Personal Care Products
· Books
· Home Furnishing Products
· Apparel Products
· Electronics Products
· Automotive Products
· Others
By Location
· Urban
· Semi-Urban
· Local
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
