Market Introduction
India has a strong e-commerce industry, which has transformed the way business is done in India. India's e-commerce sector is propelled by increasing penetration of smartphones and Internet among the people. Growing e-commerce sector is positively influencing the growth of the e-commerce logistics market in India. With the growing e-commerce industry, the number of players entering the e-commerce sector is increasing. The e-commerce logistics market in India is anticipated to be dominated by captive players, specifically the internal logistics divisions of large e-retailers, since they are extending their services to other external online sellers as well. The Indian e-commerce logistics market players are focused on the adoption of innovative technologies to mitigate challenges, such as cost pressure, poor infrastructure, and high returns. In the coming years, new business models—including delivery via local retailers and omnichannel retailing—are projected to become noticeable in India's e-commerce logistics sector.
Market Overview and Dynamics
The Indian e-commerce logistics market was valued at US$ 2.9 billion in 2019 and is projected to reach US$ 11.5 billion by 2027; it is expected to grow at a CAGR of 18.8% from 2020 to 2027. The online retailers are partnering with third-party logistics (3PL) providers to manage issues related to delivery, such as inventory, packaging, shipping, warehousing, and tracking. The partnership helps online retailers to focus on their key business areas and reduce their operational cost concerning the shipping. Also, 3PL helps them deliver their products faster. The emergence of several online-only stores, which cannot afford to have their own in-house services, is propelling the growth of India's e-commerce logistics market. Thus, growing focus of e-commerce players toward cost optimization and streamlining workflow is anticipated to influence the growth of the market
Key Market Segments
In terms of service type, the transportation segment accounted for the largest share of the India e-commerce logistics market in 2019. In terms of operational area, the domestic segment held larger market share of the India e-commerce logistics market in 2019. In terms of end user, the B2C segment held larger market share of the India e-commerce logistics market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the India e-commerce logistics market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. A few of the players operating in the Asia-Pacific India e-commerce logistics market are Shiprocket; FedEx Corporation; Ecom Express Private Limited; Gati-Kintetsu Express Private Limited; Ekart Logistics; Mahindra Logistics Ltd; Amazon.com, Inc.; Aramex; Blue Dart Express Limited; and Delhivery Pvt Ltd, among others.
Reasons to buy report
- To understand the India e-commerce logistics market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead of the race by comprehending the ever-changing competitive landscape for the e-commerce logistics market in India
- To efficiently plan M&A and partnership deals in the India e-commerce logistics market by identifying market segments with the most promising probable sales
- To help in taking knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments that form the India e-commerce logistics market
- Obtain market revenue forecast for market by various segments from 2020 to 2027
India E-Commerce Logistics Segmentation
India E-Commerce Logistics Market – by Service Type
- Transportation
- Warehousing
- Value-Added Services
India E-Commerce Logistics Market – by Operation Area
- Domestic
- International
India E-Commerce Logistics Market – by End User