Asia Pacific Retail Logistics Market Size & Outlook
Asia Pacific retail logistics market, 2018-2030 (US$M)
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Asia Pacific retail logistics market highlights
- The Asia Pacific retail logistics market generated a revenue of USD 75,927.4 million in 2023.
- The market is expected to grow at a CAGR of 14.1% from 2024 to 2030.
- In terms of segment, roadways was the largest revenue generating mode of transport in 2023.
- Airways is the most lucrative mode of transport segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 75,927.4 million |
| Market revenue in 2030 | USD 191,094.1 million |
| Growth rate | 14.1% (CAGR from 2023 to 2030) |
| Largest segment | Roadways |
| Fastest growing segment | Airways |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Railways, Airways, Roadways, Waterways |
| Key market players worldwide | XPO Inc, DSV AS, Kuehne + Nagel International AG, C.H. Robinson Worldwide Inc, Nippon Express Holdings Inc, FedEx Corp, Schneider Electric SE, United Parcel Service Inc Class B, DHL Group, A. P. Moller Maersk A/S Class B, Associate Global Partners Ltd |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 27.1% of the global retail logistics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 191,094.1 million by 2030.
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Retail Logistics Market Scope
Retail Logistics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific retail logistics 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 retail logistics market will help companies and investors design strategic landscapes.
Roadways was the largest segment with a revenue share of 52.11% in 2023. Horizon Databook has segmented the Asia Pacific retail logistics market based on railways, airways, roadways, waterways covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the Asia Pacific retail logistics market can be primarily attributed to the region's large population and the booming e-commerce sector.
According to the report published by McKinsey & Company, in December 2022, the e-commerce sector, which has been growing since the middle of 2010, Between 2016 and 2021, there was a remarkable fivefold increase in the total value of e-commerce sales, registering an annual growth rate of 40%.
This surge in e-commerce activities led to a significant shift in its share of the overall retail landscape, soaring from 5% to 20% during the same period, with an average penetration rate of 20%. Moreover, the rising middle-class population in India, coupled with increasing disposable incomes, has fueled discretionary spending, including purchases made through online platforms.
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Target buyers of Asia Pacific retail logistics market databook
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Our clientele includes a mix of retail logistics 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 continent-level data and insights on the Asia Pacific retail logistics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific retail logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific retail logistics market size, by country, 2018-2030 (US$M)
Asia Pacific Retail Logistics Market Outlook Share, 2023 & 2030 (US$M)
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