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India E-Commerce Logistics Market: Outlook to 2022 - Increasing Internet and Smart Phone Penetration is Driving the MarketDUBLIN, Jan. 17, 2018 /PRNewswire/ -- The "India E-Commerce Logistics Market Outlook, 2022" report has been added to ResearchAndMarkets.com's offering. E-commerce market in India has been experiencing astonishing growth and successfully changing the way people transact. Increasing internet and smart phone penetration, growing acceptability of online payment and favourable demographics has provided a unique opportunity for e-commerce companies to connect with their customers. E-commerce is probably creating the biggest disruption in the retail industry and this trend will continue in the years to come. Almost everything is sold on the internet now and this means that pretty much all of the retail industry faces the challenges of either being a part of e-commerce or taking head on. E-commerce is also playing a major role in driving the demand of e-commerce logistics for distribution and reach of goods or parcels to the end consumer. During festival sales in September and October, businesses boom in the logistics and courier companies of the country. Further, government initiative in infrastructure development and GST implementation has affected the market in a very positive way. The logistics service providers are now at liberty to draw location of warehouses and network routes resulting in building an agile and efficient supply chain model. Traditional logistics involved the movement of goods from manufacturing hubs to consumption centres via a linear routing mechanism. E-commerce logistics is a combination of 'one to one', 'many to one', and 'one to many' routing based on goods availability and destinations. The logistics needs of e-commerce firms are evolving rapidly. This involves scaling up to meet service levels, increased focus on tier II and tier III cities, COD and reverse logistics. Logistics service providers in e-commerce retail industry are coming up with innovative logistics models such as outsourcing last mile deliveries to Hyperlocal e-commerce logistic service providers. There is also increasing trend of e-commerce retailers managing special services such as time bound deliveries, card swipe at delivery and other value added services in-house, while outsourcing the standard deliveries to 3PLs. However, with the growing demand from customers and the need to attain a competitive advantage, specialised services might increase in the near future and thereby, resulting in the outsourcing of these services to 3PLs as well. Key Topics Covered:
For more information about this report visit https://www.researchandmarkets.com/research/83md23/india_ecommerce?w=5 Media Contact: Laura Wood, Senior Manager View original content:http://www.prnewswire.com/news-releases/india-e-commerce-logistics-market-outlook-to-2022---increasing-internet-and-smart-phone-penetration-is-driving-the-market-300584069.html SOURCE Research and Markets |