Press release
Reverse Logistics Market is expected to grow at a CAGR of 9.2% by 2030, as per Maximize Market Research
Reverse Logistics Market was valued at US$ 953.97 Bn. in 2023. Global Reverse Logistics Market size is expected to grow at a CAGR of 9.2% through the forecast period.The report on Reverse logistics industry has segmented the research in return type, end user, service, and region. The MMR analysis anticipates growth of the End of Life Return subsegment of the Return Type segment. The report goes in-depth about top manufacturers of the industry, their competitive dynamics, market share analysis with respect to the rivals in business, demand for Reverse Logistics services, and strategies that will help the stakeholders with decision making.
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Reverse logistics refers to the return of the product to the producer or distributor, repair, or servicing. This is also referred to as re-logistics, post-retail strategies or aftermarket supply chain. Partnerships in the retail industry are proving to be a collaborative effort in driving the logistics market. This effort ensures high demand for reverse logistics in order to optimize the supply chain, implement the sustainability of initiatives, utilizing the local resources, and zeroing in on a specific sector. The Reverse Logistics ensures enhanced customer satisfaction, helps maintain sustainability, businesses get a boost of credibility, the increased profit margins, and the significant reduction of risk management. Asia Pacific has dominated the Reverse Logistics industry with a 53% market share in 2023, and is expected to show the highest CAGR in the forecast period. The Middle East and Africa region will be witnessing growth at a CAGR of 12.9% as per MMR analysis. Though we observe the trend of some companies divesting the Reverse logistics assets, the top companies are investing in the same to strengthen the infrastructure, while others are trying to put their fingers in the pie.
Jan 9, 2024, Supply Chain Management Review: Published an article which quoted data from Reverse Logistics Association (RLA) stating 5000+ companies are associated with its database and consolidation will be their next target.
Oct 25, 2023, USA: UPS acquired Happy Returns from PayPal
May 4, 2023, Flexport is acquired the assets of Shopify Logistics, including Deliverr
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Reverse Logistics Market Segmentation
by Return Type
End of Life Return
End of Use Return
Repairable
Commercial
by End Use
E-commerce
Retail
Automotive
Consumer Electronics
Pharmaceutical
by Service
Transportation
Warehousing
Reselling
Replacement Management
Refund Management Authorization
Others
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Reverse Logistics Market Key Players
DB SCHENKER (Germany)
Deutsche Post AG (Germany)
FedEx Corporation (USA)
Kintetsu World Express, Inc. (Japan)
United Parcel Service, Inc.(USA)
Delhivery (India)
Yusen Logistics Co., Ltd. (Japan)
RLG Systems AG (India)
Core Logistic Private Limited (India)
Safexpress Pvt. Ltd.(India)
Ecomm Express(India)
Shadowfax(India)
Shiprocket(India)
Xpressbees(India)
Bluedart (India)
First Flight Couriers Ltd. (India)
TCIexpress(India)
Bizlog(India)
Key questions answered in the Reverse Logistics Market are:
What is the size of the reverse logistics market globally?
Which companies dominate the reverse logistics market?
What is the reverse logistics market's main trend?
Which geographical area held the biggest market share for reverse logistics?
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/global-reverse-logistics-market/30014/
Key Offerings:
Past Reverse Logistics Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Reverse Logistics Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Reverse Logistics Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.
Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.
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