North America E-Commerce Logistics Market Analysis Trends and Forecast 2025
North America e-commerce
logistics market is growing at a CAGR of 10.5% during the forecast
period attributed to the availability of advanced logistics services and the presence
of major market players such as Amazon and others. North America's e-commerce
logistics market has been rapidly growing owing to the development of
technological infrastructure in major economies such as the US and Canada. The
North American e-commerce logistics market is segmented into the US and Canada.
The US held the highest market share of 94.0%, whereas, Canada held 6.0% in the
North American market.
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Some of the key logistics and distribution operators in the e-commerce
market in Canada are Amazon, DHL eCommerce, Canada Post, UPS, and Inter
Fulfilment.
Increasing e-commerce sales and growing global e-commerce
market has been also contributing to the North American e-commerce logistics
market. E-commerce logistics companies offer tracking, pickup, contract
logistics and so on, thus enabling the customer to track the product's
real-time location and can also customize the delivery time of the product. The
e-commerce logistics market in North America is growing due to the integration
of US companies with Canadian logistics companies.
The increasing urban population is expected to increase the
e-commerce industry in the US. Moreover, the rapid development of novel and
gender-specific products and growing demand for innovative and flexible
packaging is expected to fuel market growth in the near future. Some of the key
logistics and distribution operators in the e-commerce market in the US are
Amazon, DHL Express, UPS, and Inter fulfillment.
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The increasing urban population is expected to increase the
e-commerce industry in Canada. Increasing demand for consumer electronics,
specialty cosmetic, and skincare products along with the rising demand for
organic and natural baby care products are some factors propelling the market
growth in the country. Moreover, the rapid development of novel and
gender-specific products and growing demand for innovative and flexible
packaging is expected to fuel market growth in the near future.
In addition, internet penetration in the urban areas of
Canada also plays a major role. Canada consists of one of the highest rates of
internet penetration as per ITA. About 93% of the Canadian population use the
internet. According to the Canadian Internet Registration Authority (CIRA), the
Canadian population spends more hours online than anyone else globally; about
46% of the Canadians undertakes shopping as their online activity. This
activity along with the increasing penetration of the internet in the region
would directly impact the growth of e-commerce logistics in North America.
North America E-Commerce Logistics Market Segmentation
By Services
·
Transportation Services
·
Warehousing Services
·
Other E-Commerce Logistics Services
By Product
·
Baby Products
·
Personal Care Products
·
Books
·
Home Furnishing Products
·
Apparel Products
·
Electronics Products
·
Automotive Products
·
Others
By Locations
·
Urban
·
Semi-Urban
·
Rural
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