Reverse Logistics Market Scope and Size by 2031
Reverse logistics involves moving of products from end destination and receiving the returned materials or products for respective disposal. Reverse logistics is broadly seen as the process of returning product or merchandise because of salvage, damage, restock and excess inventory. Importance of reverse logistics is rising in the supply chain management processes especially considering the growth of e-commerce all over the world. Reverse logistics market is expected to experience a significant growth in upcoming years.
MARKET SCOPE
The "Global Reverse Logistics Market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the reverse logistics market with detailed market segmentation by return type, end-user and geography. The report provides key statistics on the market status of the leading reverse logistics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on return type, the global reverse logistics market is segmented into recalls, commercial returns, repairable returns, end-of-use returns and end-of life returns.
- On the basis of end-user, the market is segmented into pharmaceutical, automotive, consumer electronics, retail and others.
MARKET DYNAMICS
Drivers:
- Growth of manufacturing industries all over the world.
- Rising urbanization in developing countries.
- Introduction of block chain technology in logistics processes.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The reverse logistics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the reverse logistics market in these regions.
IMPACT OF COVID-19 ON REVERSE LOGISTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. This pandemic has not only affected the economic condition of manufacturers, but consumers also. Due to job loss, salary cuts and other economic fluctuations, buying capacity of customer has reduced. This has got significant impacts on the reverse logistics industry as purchasing itself has gone down.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The reverse logistics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the reverse logistics market in these regions.
IMPACT OF COVID-19 ON REVERSE LOGISTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. This pandemic has not only affected the economic condition of manufacturers, but consumers also. Due to job loss, salary cuts and other economic fluctuations, buying capacity of customer has reduced. This has got significant impacts on the reverse logistics industry as purchasing itself has gone down.
MARKET PLAYERS
The report covers key developments in the reverse logistics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from reverse logistics market are anticipated to lucrative growth opportunities in the future with the rising demand for reverse logistics in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the reverse logistics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- C.H. Robinson Worldwide, Inc.
- Core Logistic Private Limited
- DB SCHENKER
- DHL International GmbH
- FedEx Corporation
- Kuehne + Nagel International AG
- Safexpress Pvt. Ltd.
- United Parcel Service of America, Inc
- YUSEN LOGISTICS CO, LTD
- Zebra Technologies Corp
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Reverse Logistics Market - By Return Type
1.3.2 Reverse Logistics Market - By End-User
1.3.3 Reverse Logistics Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. REVERSE LOGISTICS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER’S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. REVERSE LOGISTICS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. REVERSE LOGISTICS MARKET - GLOBAL MARKET ANALYSIS
6.1. REVERSE LOGISTICS - GLOBAL MARKET OVERVIEW
6.2. REVERSE LOGISTICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. REVERSE LOGISTICS MARKET - REVENUE AND FORECASTS TO 2028 - RETURN TYPE
7.1. OVERVIEW
7.2. RETURN TYPE MARKET FORECASTS AND ANALYSIS
7.3. RECALLS
7.3.1. Overview
7.3.2. Recalls Market Forecast and Analysis
7.4. COMMERCIAL RETURNS
7.4.1. Overview
7.4.2. Commercial Returns Market Forecast and Analysis
7.5. REPAIRABLE RETURNS
7.5.1. Overview
7.5.2. Repairable Returns Market Forecast and Analysis
7.6. END-OF-USE RETURNS
7.6.1. Overview
7.6.2. End-of-Use Returns Market Forecast and Analysis
7.7. END-OF LIFE RETURNS
7.7.1. Overview
7.7.2. End-of Life Returns Market Forecast and Analysis
8. REVERSE LOGISTICS MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. PHARMACEUTICAL
8.3.1. Overview
8.3.2. Pharmaceutical Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. CONSUMER ELECTRONICS
8.5.1. Overview
8.5.2. Consumer Electronics Market Forecast and Analysis
8.6. RETAIL
8.6.1. Overview
8.6.2. Retail Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. REVERSE LOGISTICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Reverse Logistics Market Overview
9.1.2 North America Reverse Logistics Market Forecasts and Analysis
9.1.3 North America Reverse Logistics Market Forecasts and Analysis - By Return Type
9.1.4 North America Reverse Logistics Market Forecasts and Analysis - By End-User
9.1.5 North America Reverse Logistics Market Forecasts and Analysis - By Countries
9.1.5.1 United States Reverse Logistics Market
9.1.5.1.1 United States Reverse Logistics Market by Return Type
9.1.5.1.2 United States Reverse Logistics Market by End-User
9.1.5.2 Canada Reverse Logistics Market
9.1.5.2.1 Canada Reverse Logistics Market by Return Type
9.1.5.2.2 Canada Reverse Logistics Market by End-User
9.1.5.3 Mexico Reverse Logistics Market
9.1.5.3.1 Mexico Reverse Logistics Market by Return Type
9.1.5.3.2 Mexico Reverse Logistics Market by End-User
9.2. EUROPE
9.2.1 Europe Reverse Logistics Market Overview
9.2.2 Europe Reverse Logistics Market Forecasts and Analysis
9.2.3 Europe Reverse Logistics Market Forecasts and Analysis - By Return Type
9.2.4 Europe Reverse Logistics Market Forecasts and Analysis - By End-User
9.2.5 Europe Reverse Logistics Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Reverse Logistics Market
9.2.5.1.1 Germany Reverse Logistics Market by Return Type
9.2.5.1.2 Germany Reverse Logistics Market by End-User
9.2.5.2 France Reverse Logistics Market
9.2.5.2.1 France Reverse Logistics Market by Return Type
9.2.5.2.2 France Reverse Logistics Market by End-User
9.2.5.3 Italy Reverse Logistics Market
9.2.5.3.1 Italy Reverse Logistics Market by Return Type
9.2.5.3.2 Italy Reverse Logistics Market by End-User
9.2.5.4 United Kingdom Reverse Logistics Market
9.2.5.4.1 United Kingdom Reverse Logistics Market by Return Type
9.2.5.4.2 United Kingdom Reverse Logistics Market by End-User
9.2.5.5 Russia Reverse Logistics Market
9.2.5.5.1 Russia Reverse Logistics Market by Return Type
9.2.5.5.2 Russia Reverse Logistics Market by End-User
9.2.5.6 Rest of Europe Reverse Logistics Market
9.2.5.6.1 Rest of Europe Reverse Logistics Market by Return Type
9.2.5.6.2 Rest of Europe Reverse Logistics Market by End-User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Reverse Logistics Market Overview
9.3.2 Asia-Pacific Reverse Logistics Market Forecasts and Analysis
9.3.3 Asia-Pacific Reverse Logistics Market Forecasts and Analysis - By Return Type
9.3.4 Asia-Pacific Reverse Logistics Market Forecasts and Analysis - By End-User
9.3.5 Asia-Pacific Reverse Logistics Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Reverse Logistics Market
9.3.5.1.1 Australia Reverse Logistics Market by Return Type
9.3.5.1.2 Australia Reverse Logistics Market by End-User
9.3.5.2 China Reverse Logistics Market
9.3.5.2.1 China Reverse Logistics Market by Return Type
9.3.5.2.2 China Reverse Logistics Market by End-User
9.3.5.3 India Reverse Logistics Market
9.3.5.3.1 India Reverse Logistics Market by Return Type
9.3.5.3.2 India Reverse Logistics Market by End-User
9.3.5.4 Japan Reverse Logistics Market
9.3.5.4.1 Japan Reverse Logistics Market by Return Type
9.3.5.4.2 Japan Reverse Logistics Market by End-User
9.3.5.5 South Korea Reverse Logistics Market
9.3.5.5.1 South Korea Reverse Logistics Market by Return Type
9.3.5.5.2 South Korea Reverse Logistics Market by End-User
9.3.5.6 Rest of Asia-Pacific Reverse Logistics Market
9.3.5.6.1 Rest of Asia-Pacific Reverse Logistics Market by Return Type
9.3.5.6.2 Rest of Asia-Pacific Reverse Logistics Market by End-User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Reverse Logistics Market Overview
9.4.2 Middle East and Africa Reverse Logistics Market Forecasts and Analysis
9.4.3 Middle East and Africa Reverse Logistics Market Forecasts and Analysis - By Return Type
9.4.4 Middle East and Africa Reverse Logistics Market Forecasts and Analysis - By End-User
9.4.5 Middle East and Africa Reverse Logistics Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Reverse Logistics Market
9.4.5.1.1 South Africa Reverse Logistics Market by Return Type
9.4.5.1.2 South Africa Reverse Logistics Market by End-User
9.4.5.2 Saudi Arabia Reverse Logistics Market
9.4.5.2.1 Saudi Arabia Reverse Logistics Market by Return Type
9.4.5.2.2 Saudi Arabia Reverse Logistics Market by End-User
9.4.5.3 U.A.E Reverse Logistics Market
9.4.5.3.1 U.A.E Reverse Logistics Market by Return Type
9.4.5.3.2 U.A.E Reverse Logistics Market by End-User
9.4.5.4 Rest of Middle East and Africa Reverse Logistics Market
9.4.5.4.1 Rest of Middle East and Africa Reverse Logistics Market by Return Type
9.4.5.4.2 Rest of Middle East and Africa Reverse Logistics Market by End-User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Reverse Logistics Market Overview
9.5.2 South and Central America Reverse Logistics Market Forecasts and Analysis
9.5.3 South and Central America Reverse Logistics Market Forecasts and Analysis - By Return Type
9.5.4 South and Central America Reverse Logistics Market Forecasts and Analysis - By End-User
9.5.5 South and Central America Reverse Logistics Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Reverse Logistics Market
9.5.5.1.1 Brazil Reverse Logistics Market by Return Type
9.5.5.1.2 Brazil Reverse Logistics Market by End-User
9.5.5.2 Argentina Reverse Logistics Market
9.5.5.2.1 Argentina Reverse Logistics Market by Return Type
9.5.5.2.2 Argentina Reverse Logistics Market by End-User
9.5.5.3 Rest of South and Central America Reverse Logistics Market
9.5.5.3.1 Rest of South and Central America Reverse Logistics Market by Return Type
9.5.5.3.2 Rest of South and Central America Reverse Logistics Market by End-User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. REVERSE LOGISTICS MARKET, KEY COMPANY PROFILES
11.1. C.H. ROBINSON WORLDWIDE, INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CORE LOGISTIC PRIVATE LIMITED
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DB SCHENKER
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DHL INTERNATIONAL GMBH
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FEDEX CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. KUEHNE + NAGEL INTERNATIONAL AG
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SAFEXPRESS PVT. LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. UNITED PARCEL SERVICE OF AMERICA, INC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. YUSEN LOGISTICS CO, LTD
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZEBRA TECHNOLOGIES CORP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. C.H. Robinson Worldwide, Inc.
2. Core Logistic Private Limited
3. DB SCHENKER
4. DHL International GmbH
5. FedEx Corporation
6. Kuehne + Nagel International AG
7. Safexpress Pvt. Ltd.
8. United Parcel Service of America, Inc
9. YUSEN LOGISTICS CO, LTD
10. Zebra Technologies Corp
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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