Market revenue in 2022 | USD 38,930.0 million |
Market revenue in 2030 | USD 97,430.0 million |
Growth rate | 12.2% (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 |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 34.63% in 2022. Horizon Databook has segmented the Middle East & Africa 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 reverse logistics market in the Middle East & Africa is anticipated to grow at the second-fastest CAGR over the forecast period. Key market players are adopting various strategic initiatives to gain a competitive advantage in the market.
For instance, in November 2022, Cartlow raised USD 18 billion to optimize its technology in reverse logistics and boost its operations in Saudi Arabia and UAE.
Moreover, increasing investments are being made in the Middle East to establish the region as a hub for logistics. The abovementioned factors, coupled with a rise in disposable income, offer favorable opportunities for the growth of the reverse logistics market in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa reverse logistics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa reverse logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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