Europe Reverse Logistics Market Size & Outlook, 2022-2030
Europe reverse logistics market, 2018-2030 (US$M)
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Europe reverse logistics market highlights
- The Europe reverse logistics market generated a revenue of USD 149,420.0 million in 2022.
- The market is expected to grow at a CAGR of 9.7% 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, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 149,420.0 million |
| Market revenue in 2030 | USD 312,430.0 million |
| Growth rate | 9.7% (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, Europe region accounted for 17.1% 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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Europe 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 34.61% in 2022. Horizon Databook has segmented the Europe 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 growth of the reverse logistics market in Europe is increasing due to various technological advancements and strategic initiatives undertaken b y key market players. For instance, Uber has introduced Uber Connect, an on-demand delivery service to send packages (weighing up to 13 kg) in U.K. cities.
Through this initiative, the company aims to compete with traditional delivery services. The more populous conurbations of Manchester and London were the initial focus for the launch as they provide consumerswith the fastest and most convenient means of returning packages.
Nowadays, businesses in Europe are propelled to modify their logistical processes to efficiently manage e-commerce returns. Reverse logistics providers are implementing new procedures to make it easier to return items and process incoming returns more quickly.
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Target buyers of Europe 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 Europe reverse logistics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe reverse logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe reverse logistics market size, by country, 2018-2030 (US$M)
Europe Reverse Logistics Market Outlook Share, 2022 & 2030 (US$M)
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