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Australia E-commerce Logistics Market is expected to generate USD ~ 10 Bn by 2026F owning to rising demand of door step delivery, increasing digitisation, reducing cost of packaging along with favorable government initiatives: Ken Research
GURUGRAM, India, Jan. 31, 2023 /PRNewswire/ -- Rising Demand of Door-to-door Parcel Pickup & Delivery Services: In door-to-door parcel pickup-up & delivery, the logistic provider is involved in every stage of delivery, from packaging, sorting, custom clearance, handling until final delivery point. Service providers offer the option of same day, overnight delivery, domestic or International, documentation, safe transfers, etc. Sendel is a key service provider, while other emerging players are forming partnerships to maximize their reach. Zoom2U formed agreement with Greyhound Australia to utilize Greyhound buses to move parcels across Sydney, Melbourne, Brisbane and Adelaide. Trucking Services through Online Marketplace: Numerous online truck aggregating service providers, such as Ofload, Shippit, FreightExchange, Loadshift, among others are bridging gap between truck owners and load generators (end-users). Users can book full truck load, on-demand services, refrigerated freight, palletization, shipment tracking, and many more. Government Initiatives: Australian government is expected to bring regulatory framework for cryptocurrency (Bitcoins), digital wallets (Google pay, Apple pay), and buy now, pay later (BNPL) providers (Afterpay). It would bring standardization in digital payments methods, after which more businesses would utilize the services. In 2022, talks with the Indian government to sign Comprehensive Economic Cooperation Agreement (CEPA), comprising digital trade and foster bilateral trade b/w Australia & India. This would accelerate demand for goods & thereby require sophisticated logistics support. Analysts at Ken Research in their latest publication "Australia E-Commerce Logistics Market Outlook to 2026- Driven by rapid integration of automation technology & changing consumer shopping habits" by Ken Research observed that Australia E-commerce Logistic Market is in the Growing Phase as the Rising demand for Door Step Delivery, Increase in Digitisation, reducing cost of packaging and Government Initiatives, these are expected to contribute to the market growth over the forecast period. The Australia E-commerce Logistics Market is expected to see high growth rate over the forecasted period 2022-2026F. Key Segments Covered:- Australia E-Commerce Logistics Market (Revenue, Shipment, Average Cost and No of Orders and more) By Type of Shipment (By Shipment), 2021 & 2026F
By Time Duration (By Shipment), 2021 & 2026F
By Delivery Area (By Shipment), 2021 & 2026F
To learn more about this report Download a Free Sample Report By Delivery Area (By Shipment), 2021 & 2026F
By Mode of transport (By Shipment), 2021 & 2026F
By Payment Method (By Shipment), 2021 & 2026F
By Orders (By Shipment), 2021 & 2026F
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For more insights on the market intelligence, refer to below link:- Australia E-Commerce Logistics Market Related Reports by Ken Research:- According to Ken Research estimates, the Thailand E-Commerce Logistics Market– E-Commerce Orders and Deliveries are growing at a CAGR of 9.5% (2021-2026F) with Increasing Number of online shoppers and entrance of major retailers in Thailand. Technology will have a huge role to play in the sector as applications. AI and a horde of other devices like drones, electric vehicles, automated systems, high-tech security and efficient management systems have made the processes much easier for logistics companies as well as their clients. Over the forecast period, KSA E-commerce logistics market is expected to drive up the demand because of expected surge in internet penetration, especially its exposure to the youth. Due to the COVID-19 outbreak, there has been a shift from offline sales to online sales, which is expected to ensure substantial growth in the future as well. The e-commerce logistics market in the country is expected to grow on the back of new technologies such as Automation, Blockchain, and the Internet of Things, which will be explored to increase efficiency, improve customer experience and enhance service quality. The South Korea E-Commerce Logistics Market witnessed significant growth during the period 2018-2021, owing to the consistently increasing digitalization process in the country. In the coming years, higher smartphones penetration rate, better internet connectivity as well as vision 2030 of South Korea will play an important role in increasing the reach of E-commerce last-mile shipments all across the country. It is expected that the growing e-commerce sector will create opportunities in intracity logistics eventually since South Korea has a well-developed transportation system. So, the orders can be delivered easily from one place to another. According to Ken Research estimates, the USA E-Commerce Logistics Market – The USA E-Commerce Logistics Market has grown at a CAGR of 33% over the last three years due to an increase in cross-border e-commerce activities and technological and logistic innovations like Same day delivery. Same day delivery has increased between 2020-2021 in United States. 24 percent of U.S. online shoppers opted for same-day delivery for purchases from pure online merchants in 2020. As of February 2021, the percentage increased to 36 percent. Increase in cross-border e-commerce activity drives the growth of the e-commerce logistics market in USA. Rising per capita incomes and increasing access to foreign brands are favoring cross-border e-commerce. Follow Us – LinkedIn | Instagram | Facebook | Twitter | YouTube Contact Us:- Logo: https://mma.prnewswire.com/media/1954972/Ken_Research_Logo.jpg SOURCE Ken Research |