The Indian e-commerce logistics market is anticipated to grow at a CAGR of around 18.5% during the forecast period. The Indian government’s push for digital initiatives is expected to accelerate the spread and adoption of digital wallets in the country propelling the growth of the Indian e-commerce logistics market. With rural India accounting for roughly two-thirds of the population, and smartphones and data plans becoming more affordable, e-commerce logistic opportunities will grow in the future. Furthermore, changing consumption patterns, an increase in the demand for quick delivery services, and the adoption of big data analytics, AI, and blockchain technology to enhance the customer experience also be playing a significant role in the industry’s future growth. Moreover, the implementation of the Goods and Services Tax (GST) in the country has also had a positive impact on the e-commerce logistics market, as all indirect taxes have been consolidated into one enabling the logistics companies to improve the flow of goods inside the country. In addition, the average speed of goods moving through Indian roads is also much slower than the global average. As a result, it lengthens delivery times and slows the company’s operations is the major challenge faced by Indian e-commerce logistics players.
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The COVID-19 pandemic has fueled the expansion of the e-commerce logistics sector in India. With growing awareness of social distancing among Indians, people are increasingly turning to online platforms, even now in rural areas. In addition, several retailers across the country are expanding their reach by going online. It has increased e-commerce sales by providing customers with a wider range of goods at competitive prices. As per E-commerce Trends Report 2020, issued by Unicommerce in June 2020, India’s e-commerce market witnessed a 17 % increase in overall order volume following the pandemic of COVID-19. However, the extended lockdown in the country has disrupted the supply chains leaving a negative impact on the Indian e-commerce industry.
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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
Indian e-commerce logistics Market Report Segment
By Services
- Transportation Services
- Warehousing Services
- Other Services
By Products
- Baby Products
- Personal Care Products
- Electronics Products
- Books
- Home Furnishing Products
- Apparel Products
- Automotive Products
- 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 global Indian e-commerce logistics market
- Based on the availability of data, information related to new product launches, 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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