Reverse Logistics Market Segmentation:
End-User Segment Analysis
Retail & e-commerce segment is projected to dominate reverse logistics market share of over 55.3% by 2035. Several factors that contribute to the growth of this segment are customer convenience to buy products remotely, the surging trend of online shopping, and growing internet penetration. According to the Research Nester's survey in 2024, more than 25 % of the world's population shop online. As a result, the volume of returns has also increased, leading retailers, & e-commerce companies to opt for strong reverse logistics processes to manage return products adequately.
Additionally, reverse logistics serves a vital role in the online shopping sector because it facilitates transportation and the replacement and reselling of items, all of which contribute to the growth of the segment in the market.
Return Type Segment Analysis
B2B returns & commercial return segment in the reverse logistics market is predicted to register lucrative growth till 2035. This segment's growth can be impelled by the surging concern associated with carbon emissions from B2B & commercial returns. As per Optoro 2021 Impact Report, returned inventory in the United States increased to USD 761 billion in 2021 from USD 428 billion in 2020. Moreover, e-commerce returns contribute to nearly 24 million metric tons of carbon dioxide emissions, each year. Nowadays, companies are becoming more aware of the return impact on the environment, thus, opting for reverse logistics to minimize carbon footprint.
Service Segment Analysis
The transportation segment in reverse logistics market is predicted to have notable growth in the revenue over the forecast period. In any logistics supply chain, the means of transport structure is the single most crucial element. An excellent transportation system provides enhanced performance in logistics, further reducing overall costs of operation and enhancing customer service. Therefore, a reliable transportation system is necessary to manage product returns efficiently, and effectively.
Our in-depth analysis of the global market includes the following segments:
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Return Type |
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Service |
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End-User |
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