The global e-commerce logistics market is poised for significant growth, with an estimated increase of USD 802.3 billion from 2024 to 2028, according to recent market analysis. This growth, projected at a compound annual growth rate (CAGR) of 28.2%, is largely driven by the rise in cross-border e-commerce activities and the emergence of mini distribution centers by supermarkets.
Key players in this booming market include major logistics companies such as FedEx, UPS, and Aramex, all of which are adapting to the increasing demand for efficient delivery solutions. The integration of advanced technologies such as business analytics, transportation management software, and digital payment methods is streamlining operations and enhancing the overall efficiency of logistics services.
As e-commerce continues to flourish, the logistics landscape is evolving, with innovations like drone delivery and the adoption of the Internet of Things (IoT) transforming traditional supply chain models. Retailers are increasingly focusing on last-mile delivery solutions to meet customer expectations for speed and reliability, thereby reshaping the logistics sector for a digital-first future.