Asia Pacific Reverse Logistics Market Size & Outlook
Asia Pacific reverse logistics market, 2018-2030 (US$M)
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Asia Pacific reverse logistics market highlights
- The Asia Pacific reverse logistics market generated a revenue of USD 462,170.0 million in 2022.
- The market is expected to grow at a CAGR of 12.9% from 2023 to 2030.
- In terms of segment, b2b returns and commercial returns was the largest revenue generating return type in 2022.
- B2B Returns and Commercial Returns is the most lucrative return type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 462,170.0 million |
| Market revenue in 2030 | USD 1,220,760.0 million |
| Growth rate | 12.9% (CAGR from 2022 to 2030) |
| Largest segment | B2b returns and commercial returns |
| Fastest growing segment | B2B Returns and Commercial Returns |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Recall Returns, B2B Returns and Commercial Returns, Repairable Returns, End of Use Returns, End of Life Returns |
| Key market players worldwide | DB Schenker, DHL Group, FedEx Corp, Kintetsu Group Holdings Co Ltd, United Parcel Service Inc Class B, Yusen Logistics, Reverse Logistics Group, Safexpress Private Limited |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 52.9% of the global reverse logistics market in 2022.
- 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 1,220,760.0 million by 2030.
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Reverse Logistics Market Scope
Reverse Logistics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific reverse 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 reverse logistics market will help companies and investors design strategic landscapes.
B2b returns and commercial returns was the largest segment with a revenue share of 34.6% in 2022. Horizon Databook has segmented the Asia Pacific reverse logistics market based on recall returns, b2b returns and commercial returns, repairable returns, end of use returns, end of life returns covering the revenue growth of each sub-segment from 2018 to 2030.
The region is anticipated to retain its dominance over the forecast period owing to the growing popularity of fashionable apparel among the young population. In addition, the regional market's growth is also driven b y the high proliferation of the e-commerce industry and the rapid growth of e-commerce activities in countries such as India and China.
The growing use of e-commerce in the region results in increasing returns, which is expected to contribute to the growth of the regional market. Moreover, the increasing growth of manufacturing industries in developing countries across the region, along with the rising demand for reverse logistics for electric vehicles, is expected to fuel market expansion.
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Target buyers of Asia Pacific reverse logistics market databook
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Our clientele includes a mix of reverse 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 reverse logistics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific reverse logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific reverse logistics market size, by country, 2018-2030 (US$M)
Asia Pacific Reverse Logistics Market Outlook Share, 2022 & 2030 (US$M)
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