Market revenue in 2022 | USD 31,060.0 million |
Market revenue in 2030 | USD 72,240.0 million |
Growth rate | 11.1% (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 |
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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 Latin America 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 Central and South American logistics market is driven b y the rise in technologically advanced logistics services, increasing use of IoT-enabled connected devices, and expansion of the e-commerce sector.
The lack of necessary infrastructure, high logistics costs, and weak manufacturer control over logistics services are expected to limit market expansion. However, the proliferation of last-mile delivery services and increasing use of IT solutions & software are expected to offer new growth prospects for market players over the coming years.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America reverse logistics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America reverse logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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