Global E-commerce Fulfillment Services Market Size & Outlook
Global e-commerce fulfillment services market, 2017-2030 (US$M)
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Global e-commerce fulfillment services market highlights
- The global e-commerce fulfillment services market generated a revenue of USD 109,556.4 million in 2023 and is expected to reach USD 272,141.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.9% by 2030.
- In terms of segment, shipping fulfillment services accounted for a revenue of USD 43,750.8 million in 2023.
- Bundling Fulfillment Services is the most lucrative service type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 109,556.4 million |
| Market revenue in 2030 | USD 272,141.6 million |
| Growth rate | 13.9% (CAGR from 2023 to 2030) |
| Largest segment | Shipping fulfillment services |
| Fastest growing segment | Bundling Fulfillment Services |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Warehousing and Storage Fulfillment Services, Bundling Fulfillment Services, Shipping Fulfillment Services |
Other key industry trends
- In terms of revenue, the North America accounted for 24.0% of the global e-commerce fulfillment services market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 8,479.8 million by 2030.
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E-commerce Fulfillment Services Market Scope
E-commerce Fulfillment Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global e-commerce fulfillment services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to e-commerce fulfillment services market will help companies and investors design strategic landscapes.
Shipping fulfillment services was the largest segment with a revenue share of 39.93% in 2023. Horizon Databook has segmented the Global e-commerce fulfillment services market based on warehousing and storage fulfillment services, bundling fulfillment services, shipping fulfillment services covering the revenue growth of each sub-segment from 2017 to 2030.
E-commerce can be defined as a transaction conducted via the Internet to buy goods and services. The significant rise in the global internet penetration rate has helped e-commerce sales increase at a notable rate in recent years. As of December 2020, there were around 5.05 billion active internet users worldwide, of which approximately 51.8% are located in the Asia Pacific, followed by Europe and Africa. In Asia Pacific, Japan currently has nearly 119 million internet users and is expected to have more than 124 million users by 2022.
This suggests that more than 90% of Japan's population is currently using Internet services and the number could rise to more than 95% by 2022. The soaring internet penetration rate is allowing a constantly increasing number of people globally to use online retailing services and enjoy benefits such as doorstep deliveries, a wide variety of products, and reduced time and effort spent on shopping.
Moreover, the rapid proliferation of smartphones has made it convenient for consumers to shop from anywhere. This has also led to a significant rise in overall sales and demand for several categories of products, including clothing & footwear, consumer electronics, and pharmaceuticals, over e-commerce channels across the globe. The substantial growth in online sales requires robust e-commerce fulfillment services to ensure the hassle-free and on-time delivery of quality products.
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Target buyers of Global e-commerce fulfillment services market databook
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Our clientele includes a mix of e-commerce fulfillment services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global e-commerce fulfillment services market , including forecasts for subscribers. This global databook contains high-level insights into Global e-commerce fulfillment services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global e-commerce fulfillment services market size, by regions, 2017-2030 (US$M)
Top 10 countries: E-commerce fulfillment services market size, 2023 (US$M)
Global e-commerce fulfillment services market share, by service type, 2023 & 2030 (%, US$M)
E-commerce fulfillment services market: Opportunity assessment by country
Global e-commerce fulfillment services market, by region, 2023 (US$M)
Related regional statistics
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