July 16, 2023
3 min

E-Commerce Logistics Market to grow by a CAGR of 20% from 2022 to 2027|Agility Public Warehousing Co. K.S.C.P, Aramex International LLC, and more to emerge as key players -Technavio - Yahoo Finance

The e-commerce logistics market is projected to grow at a CAGR of 20% between 2022 and 2027, with an estimated market size increase of USD 404.84 billion, according to Technavio. Vendors in the market are adopting growth strategies such as promotional activities and advertising to enhance visibility. Key drivers include an increase in cross-border e-commerce activities, while a major trend is the emergence of mini-distribution centers. The high logistics cost is a significant challenge for market growth.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry