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Retail Logistics Market Share

Report ID: GMI10080
Published Date: Jul 2024
Report Format: PDF

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Retail Logistics Market Share

DHL International GmbH and United Parcel Service held a significant share of over 20% in the retail logistics industry. Due to its broad global network, diverse service options, and dedication to innovation, DHL International GmbH, a branch of the German logistics giant Deutsche Post DHL Group, enjoys a sizable stake in the retail logistics market. With operations in more than 220 nations and territories, DHL offers a comprehensive variety of logistics services, such as supply chain management, freight transportation, and express delivery.

DHL can handle complex logistics operations for diverse retailers with efficiency owing to its robust infrastructure and global reach. DHL's emphasis on technical innovations enhances customer experience and operational efficiency. Examples of these innovations include the use of automation, advanced analytics, and the IoT. Clients that care about the environment are also drawn to the business by its commitment to sustainability, which includes green logistics solutions and carbon-neutral shipping choices.

Due to its broad logistics network, wide range of services, and dedication to providing excellent customer service, United Parcel Service (UPS), a company based in the U.S., holds a leading position in the retail logistics industry. UPS offers a broad range of services, such as package delivery, freight transportation, and supply chain management, and is present in more than 220 countries and territories. Delivery options are dependable and efficient due to the company's vast domestic and international transportation network.

UPS's technological investments, including automation, data analytics, and sophisticated tracking systems, improve supply chain visibility and operational effectiveness. The company's innovation-focused approach is demonstrated by the delivery options it has developed including driverless vehicles and drone deliveries. Additionally, UPS prioritizes sustainability and has programs in place to reduce carbon emissions and improve fuel efficiency.

Retail Logistics Market Companies

Major players operating in the retail logistics industry are:

DHL International GmbH
FedEx
United Parcel Service
XPO Logistics, Inc.
DSV

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of retail logistics reached USD 263.1 billion in 2023 and is set to witness over 10% CAGR between 2024 and 2032, due to the proliferation of direct-to-consumer (DTC) firms.

Conventional retail logistics segment will record a revenue of over USD 500 billion by 2032, owing to the need to upkeep the physical retail establishment supply chains.

North America market accounted for over 35% share in 2023, owing to the well-established and broad transportation network.

DHL International GmbH, FedEx, United Parcel Service, XPO Logistics, Inc, and DSV among others.