Transport Intelligence's (Ti) latest report, Global e-commerce logistics 2022, shows that rapid growth in the market continues with growth of 19.9 percent to reach a value of €441.47 billion in 2021, though growth has slowed from 2020's Covid-19 induced peak.
The report foresees that global e-commerce logistics market to grow at a CAGR of 11.8 percent from 2021-2026 while the cross-border e-commerce market is forecasted to grow at a CAGR of 10.65 percent to 2026.
"Global e-fulfilment market made up 46.8 percent of the total for e-commerce logistics, with last-mile making up the remaining 53.2 percent in 2021. E-fulfilment service providers have broadened their service offerings to capture more of the e-commerce value chain," reads the release.
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