Fairfield Market Research Reverse Logistics Market Size, Share, Report 2030

Reverse Logistics Market

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Published Date: Upcoming | Format:

Industry: Automotive & Transport


Request Sample Request Customization

This study intends to analyse diverse aspects of the global reverse logistics market. The insights offered in this report are expected to aid in market growth examination over the forecast timeline.

Report Summary

  • The e-Commerce sector to exert significant influence on the reverse logistics market
  • Automation and blockchain technology to become important aspects of reverse logistics solutions
  • COVID-19 had a short-term negative impact on market strategies
  • Asia Pacific’s reverse logistics market to remain a revenue generating powerhouse

Proliferating e-Commerce Boom to Fuel Reverse Logistics Market

Over the last decade, the global e-commerce sector has grown exponentially. Growing levels of urbanization and globalization have been primary factors responsible for this rise in prominence. Other elements contributing to the e-Commerce sector's augmentation include higher disposable incomes, growing population figures, and greater internet penetration, particularly in emerging nations. As the e-Commerce sector is reliant on the global reverse logistics market that uses returns management system solutions to complete end-to-end management of its return operations, the further expansion of the e-Commerce sector is expected to directly impact the growth trajectory of the global reverse logistics market.

Environmental Concerns, and Regulatory Compliance Create Tailwinds

Individuals and regulatory authorities increasingly focus on reducing waste and promoting more sustainable practices. Reverse logistics helps companies reduce waste by facilitating the collection, refurbishment, and reuse of products and materials. Moreover, several industries are subject to stringent regulations concerning the correct handling and disposal of waste, and failure to do so will attract penalization. By ensuring that these products are recycled or disposed of properly, all while adhering to regulatory standards, growth prospects for many players engaged in this global market are expected to increase over the forecast period.

Reverse Logistics Market Rides Benefits Like Cost Savings, Customer Satisfaction, and Product Quality and Safety

Businesses can recover value from products that were either returned or in excess, which can then be refurbished for resale or to extract valuable components for reuse. This results in high-cost savings for those that choose these services. Moreover, a higher level of customer service can be offered by supplying an efficient and convenient method of returning products or receiving replacement products or refunds through a well-devised reverse logistics program. In carrying out these operations, companies will be better positioned to identify and address product quality, which in turn results in a better overall service. These are other major factors slated to positively influence the growth of the global reverse logistics market in the future.

COVID-19 Impact

The onset of the COVID-19 pandemic resulted in the imposing of restrictions by respective governments on the movement of people and goods, as well as the hampered supply of necessary raw materials, among other operational hurdles. This led to a significant decline in generated revenues for many industries and was no different for the global reverse logistics market during the onset of this pandemic. However, as restrictions were gradually relaxed, post the 3rd and 4th waves, and this industry’s services were seen as, and on par with, those of other essential service industries by various governments around the world, the global reverse logistics market regressed to a path similar to its pre-COVID state of projected operations.

Asia Pacific Will Retain Dominance in Long Term

The increasing use of a growing number of e-Commerce platforms, in turn, is expected to boost the demand for reverse logistics solutions in this region. Moreover, booming population figures, higher disposable incomes, increasing investments toward bettering operational processes, as well as the growing presence of manufacturing hubs or facilities, are all elements expected to remain major factors continuing to contribute to this region’s dominance in the reverse logistics market.

Reverse Logistics Market: Competitive Landscape          

Major players in the Reverse Logistics Market include C.H. Robinson Worldwide Inc., CCR Logistics Systems AG, Core Logistic Private Limited, DB Schenker, Deutsche Post DHL Group, FedEx Corporation, Kintetsu World Express Inc., Safexpress Pvt Ltd., United Parcel Service, Inc., and Yusen Logistics Co. Ltd., to name a few. To gain a competitive edge, various established industry players are now more focused on new product launches, partnerships, collaborations, acquisitions, and alliances.

Recent Notable Developments:

  • In May 2021, MG Motor India and Attero announced a partnership to recycle electric vehicle batteries. Attero will lend MG Motor India with reverse logistics, refurbishing, and recycling solutions

  • In May 2021, XPO Logistics Inc. Announced the launch of an automation solution in France. This automation solution is slated to aid with high-volume reverse logistics in the French fashion e-Commerce industry

  • In June 2021, Ruby launched an industry alliance DTC Consortium with the support of several companies. This consortium is slated to aid various organizations navigate market strategies such as reverse logistics, fulfilment, and marketing

  • In March 2022, DHL Group inked a deal with ReverseLogix, an end-to-end Returns Management Systems (RMS) provider for both B2B and B2C organizations, to manage its e-Commerce returns operations

Regional Classification of Global Reverse Logistics Market is Listed Below:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • Spain
  • U.K.
  • Italy
  • Russia
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

 Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East and Africa

  • GCC
  • South Africa
  • Rest of Middle East and Africa

1. Executive Summary
     1.1. Global Reverse Logistics Market Snapshot
     1.2. Key Market Trends
     1.3. Future Projections
     1.4. Analyst Recommendations

2. Market Overview
     2.1. Market Definitions and Segmentations
     2.2. Market Dynamics
            2.2.1. Drivers
                  2.2.1.1. Driver A
                  2.2.1.2. Driver B
                  2.2.1.3. Driver C
            2.2.2. Restraints
                  2.2.2.1. Restraint 1
                  2.2.2.2. Restraint 2
            2.2.3. Market Opportunities Matrix
     2.3. Value Chain Analysis
     2.4. Porter’s Five Forces Analysis
     2.5. Covid-19 Impact Analysis
            2.5.1. Pre-Covid and Post-Covid Scenario
            2.5.2. Supply Impact
            2.5.3. Demand Impact
     2.6. Government Regulations
     2.7. Technology Landscape
     2.8. Economic Analysis
     2.9. PESTLE

3. Global Reverse Logistics Market Outlook, 2018 - 2030
     3.1. Global Reverse Logistics Market Outlook, by Type, Value (US$ Mn), 2018 - 2030
            3.1.1. Key Highlights
                  3.1.1.1. Commercial Returns
                  3.1.1.2. Recalls
                  3.1.1.3. Repairable Returns
                  3.1.1.4. End-of-use
                  3.1.1.5. End-of-service Life
     3.2. Global Reverse Logistics Market Outlook, by End-user, Value (US$ Mn), 2018 - 2030
            3.2.1. Key Highlights
                  3.2.1.1. E-commerce
                  3.2.1.2. Apparel
                  3.2.1.3. Automotive
                  3.2.1.4. Food & Beverages
                  3.2.1.5. Consumer Electronics
                  3.2.1.6. Pharmaceutical
                  3.2.1.7. Misc.
            3.2.2. BPS/Market Attractiveness Analysis
     3.3. Global Reverse Logistics Market Outlook, by Region, Value (US$ Mn), 2018 - 2030
            3.3.1. Key Highlights
                  3.3.1.1. North America
                  3.3.1.2. Europe
                  3.3.1.3. Asia Pacific
                  3.3.1.4. Latin America
                  3.3.1.5. Middle East & Africa
            3.3.2. BPS/Market Attractiveness Analysis

4. North America Reverse Logistics Market Outlook, 2018 - 2030
     4.1. North America Reverse Logistics Market Outlook, by Type, Value (US$ Mn), 2018 - 2030
            4.1.1. Key Highlights
                  4.1.1.1. Commercial Returns
                  4.1.1.2. Recalls
                  4.1.1.3. Repairable Returns
                  4.1.1.4. End-of-use
                  4.1.1.5. End-of-service Life
     4.2. North America Reverse Logistics Market Outlook, by End-user, Value (US$ Mn), 2018 - 2030
            4.2.1. Key Highlights
                  4.2.1.1. E-commerce
                  4.2.1.2. Apparel
                  4.2.1.3. Automotive
                  4.2.1.4. Food & Beverages
                  4.2.1.5. Consumer Electronics
                  4.2.1.6. Pharmaceutical
                  4.2.1.7. Misc.
     4.3. North America Reverse Logistics Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
            4.3.1. Key Highlights
                  4.3.1.1. U.S.
                  4.3.1.2. Canada
            4.3.2. BPS/Market Attractiveness Analysis

 

5. Europe Reverse Logistics Market Outlook, 2018 - 2030
     5.1. Europe Reverse Logistics Market Outlook, by Type, Value (US$ Mn), 2018 - 2030
            5.1.1. Key Highlights
                  5.1.1.1. Commercial Returns
                  5.1.1.2. Recalls
                  5.1.1.3. Repairable Returns
                  5.1.1.4. End-of-use
                  5.1.1.5. End-of-service Life
     5.2. Europe Reverse Logistics Market Outlook, by End-user, Value (US$ Mn), 2018 - 2030
            5.2.1. Key Highlights
                  5.2.1.1. E-commerce
                  5.2.1.2. Apparel
                  5.2.1.3. Automotive
                  5.2.1.4. Food & Beverages
                  5.2.1.5. Consumer Electronics
                  5.2.1.6. Pharmaceutical
                  5.2.1.7. Misc.
     5.3. Europe Reverse Logistics Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
            5.3.1. Key Highlights
                  5.3.1.1. Germany
                  5.3.1.2. France
                  5.3.1.3. U.K.
                  5.3.1.4. Italy
                  5.3.1.5. Spain
                  5.3.1.6. Russia
                  5.3.1.7. Rest of Europe
            5.3.2. BPS/Market Attractiveness Analysis

 

6. Asia Pacific Reverse Logistics Market Outlook, 2018 - 2030
     6.1. Asia Pacific Reverse Logistics Market Outlook, by Type, Value (US$ Mn), 2018-2030
            6.1.1. Key Highlights
                  6.1.1.1. Commercial Returns
                  6.1.1.2. Recalls
                  6.1.1.3. Repairable Returns
                  6.1.1.4. End-of-use
                  6.1.1.5. End-of-service Life
     6.2. Asia Pacific Reverse Logistics Market Outlook, by End-user, Value (US$ Mn), 2018 - 2030
            6.2.1. Key Highlights
                  6.2.1.1. E-commerce
                  6.2.1.2. Apparel
                  6.2.1.3. Automotive
                  6.2.1.4. Food & Beverages
                  6.2.1.5. Consumer Electronics
                  6.2.1.6. Pharmaceutical
                  6.2.1.7. Misc.
     6.3. Asia Pacific Reverse Logistics Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
            6.3.1. Key Highlights
                  6.3.1.1. China
                  6.3.1.2. Japan
                  6.3.1.3. South Korea
                  6.3.1.4. India
                  6.3.1.5. Southeast Asia
                  6.3.1.6. Rest of Asia Pacific
            6.3.2. BPS/Market Attractiveness Analysis

 

7. Latin America Reverse Logistics Market Outlook, 2018 – 2030
     7.1. Latin America Reverse Logistics Market Outlook, by Type, Value (US$ Mn), 2018 - 2030
            7.1.1. Key Highlights
                  7.1.1.1. Commercial Returns
                  7.1.1.2. Recalls
                  7.1.1.3. Repairable Returns
                  7.1.1.4. End-of-use
                  7.1.1.5. End-of-service Life
     7.2. Latin America Reverse Logistics Market Outlook, by End-user, Value (US$ Mn), 2018-2030
            7.2.1. Key Highlights
                  7.2.1.1. E-commerce
                  7.2.1.2. Apparel
                  7.2.1.3. Automotive
                  7.2.1.4. Food & Beverages
                  7.2.1.5. Consumer Electronics
                  7.2.1.6. Pharmaceutical
                  7.2.1.7. Misc.
     7.3. Latin America Reverse Logistics Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
            7.3.1. Key Highlights
                  7.3.1.1. Brazil
                  7.3.1.2. Mexico
                  7.3.1.3. Rest of Latin America
            7.3.2. BPS/Market Attractiveness Analysis

 

8. Middle East & Africa Reverse Logistics Market Outlook, 2018 - 2030
     8.1. Middle East & Africa Reverse Logistics Market Outlook, by Type, Value (US$ Mn), 2018 - 2030
            8.1.1. Key Highlights
                  8.1.1.1. Commercial Returns
                  8.1.1.2. Recalls
                  8.1.1.3. Repairable Returns
                  8.1.1.4. End-of-use
                  8.1.1.5. End-of-service Life
     8.2. Middle East & Africa Reverse Logistics Market Outlook, by End-user, Value (US$ Mn), 2018 - 2030
            8.2.1. Key Highlights
                  8.2.1.1. E-commerce
                  8.2.1.2. Apparel
                  8.2.1.3. Automotive
                  8.2.1.4. Food & Beverages
                  8.2.1.5. Consumer Electronics
                  8.2.1.6. Pharmaceutical
                  8.2.1.7. Misc.
     8.3. Middle East & Africa Reverse Logistics Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
            8.3.1. Key Highlights
                  8.3.1.1. GCC
                  8.3.1.2. South Africa
                  8.3.1.3. Rest of Middle East & Africa
            8.3.2. BPS/Market Attractiveness Analysis

 

9. Competitive Landscape
     9.1. Company Market Share Analysis, 2021
     9.2. Competitive Dashboard
     9.3. Company Profiles
            9.3.1. Deutsche Post AG (DHL)
                  9.3.1.1. Company Overview
                  9.3.1.2. Product Portfolio
                  9.3.1.3. Financial Overview
                  9.3.1.4. Business Strategies and Development
(*Note: Above details would be available for below list of companies based on availability)
            9.3.2. FedEx Corporation
            9.3.3. UPS Inc.
            9.3.4. C.H. Robinson
            9.3.5. GXO Logistics Inc.
            9.3.6. DB Schenker
            9.3.7. Kuehne + Nagel International AG
            9.3.8. Yusen Logistics
            9.3.9. Safexpress Pvt Ltd.
            9.3.10. Kintetsu World Express Inc.
            9.3.11. CEVA Logistics

10. Appendix
     10.1. Research Methodology
     10.2. Report Assumptions
     10.3. Acronyms and Abbreviations

Our Research Methodology

Considering the volatility of business today, traditional approaches to strategizing a game plan can be unfruitful if not detrimental. True ambiguity is no way to determine a forecast. A myriad of predetermined factors must be accounted for such as the degree of risk involved, the magnitude of circumstances, as well as conditions or consequences that are not known or unpredictable. To circumvent binary views that cast uncertainty, the application of market research intelligence to strategically posture, move, and enable actionable outcomes is necessary.

View Methodology
Fairfield Quality assured
Fairfield Confidentiality assured
Fairfield Custom research services