North America Reverse Logistics Market Size & Outlook
North America reverse logistics market, 2018-2030 (US$M)
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North America reverse logistics market highlights
- The North America reverse logistics market generated a revenue of USD 191,970.0 million in 2022.
- The market is expected to grow at a CAGR of 10.2% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 191,970.0 million |
| Market revenue in 2030 | USD 418,170.0 million |
| Growth rate | 10.2% (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 |
Other key industry trends
- In terms of revenue, North America region accounted for 22.0% 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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North America 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 North 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 North American market can b e attributed to the wide presence of reverse logistics providers and the growing adoption of innovative technologies such as artificial intelligence and automation b y logistics businesses in the U.S. and Canada.
Prominent reverse logistics companies are anticipated to make investments in warehouses to improve the effectiveness of the reverse logistics supply chain in North America, which Is expected to accelerate the market growth.
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Target buyers of North America 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 North America reverse logistics market , including forecasts for subscribers. This continent databook contains high-level insights into North America reverse logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America reverse logistics market size, by country, 2018-2030 (US$M)
North America Reverse Logistics Market Outlook Share, 2022 & 2030 (US$M)
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