Reverse Logistics Market
Reverse Logistics Market Size, Share & Trends Analysis Report by Return Type (Recalls, Commercial Returns, Repairable Returns, End-of-use Returns, and End of life return), by End-User (E-Commerce, Retail, Automotive, Consumer Electronics, Pharmaceutical, and Other), and by Service (Transportation, Warehousing, Reselling, Replacement Management, Refund Management Authorization, and Others), Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Reverse logistics market is anticipated to grow at a CAGR of 8.0% during the forecast period. The growing number of companies offering replacements and product warranty’s for their products in a bid to provide more customer-friendly services is anticipated to propel the demand for the market. Various companies such as Philips, Amaron batteries, Exide batteries, Haier and others are offering warranty programs which has increased the demand for reverse logistic. Recently, in January 2023, Voltas launched an extended warranty program Pan-India with OneDios. This extended warranty plan guarantees authentic Volta’s services and spare parts at the lowest prices. The increased number of warranty days gives extra time for the consumer to make replacement orders, which further boosts the demand for reverse logistics.
Segmental Outlook
The global reverse logistics market is segmented based on the return type, end-user, and service. Based on the return type, the market is segmented into recalls, commercial returns, repairable returns, end-of-use returns, and end-of-life returns. Based on end-user, the market is segmented into e-commerce, retail, automotive, consumer electronics, pharmaceutical, and others. Based on the service, the market is further sub-segmented into transportation, warehousing, reselling, replacement management, refund management authorization, and others. Among the end-user, The e-commerce sub-segment is expected to hold the largest share of the market. The increasing inclination of users towards online shopping, along with its increased usage and adoption, is driving segment growth.
The Automotive Sub-Segment is Anticipated to Hold a Considerable Share of the Global Reverse Logistics Market
The automotive sub-segment is anticipated to hold a considerable share of the market. The increase in the adoption of electric vehicles (EVs) drives the number of EV batteries across the globe. The batteries at the end of life requires to be recycled which creates an opportunity for the growth of the reverse logistics market. For instance, in May 2021, MG Motor India and Attero announced a partnership for recycling EV batteries. Under the partnership, Attero will provide reverse logistics, refurbishing, and recycling solutions to MG Motor India. Automotive manufacturers are adopting reverse logistics services to reduce e-waste and ensure passenger safety.
Regional Outlook
The global reverse logistics market is further segmented based on geography including North America (the US, and Canada), Europe (the UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). Among all regions, the Asia-Pacific region is anticipated to emerge as the fastest-growing regional market over the forecast period. Factors such as increased adoption of e-commerce services in the countries such as India, China, and others along with the increased product recall due to stringent government rules for the quality of products in the automotive industry are some of the major factors driving the growth of the market.
Global Reverse Logistics Market Growth, by Region 2023-2030
The North America Region is Expected to Hold a Prominent Share in the Global Reverse Logistics Market
The North American region is one of the largest reverse logistics markets owing to the presence of major player including FedEx, UPS Supply chain solutions, DHL supply chain, and XPO logistics, which is the primary factor bolstering the market growth. The implementation of advanced technologies such as blockchains, automation technology, IOT-based tracking and enhanced transparency of the overall lifecycle of the product which is another factor which is further driving the growth of the market. For the same, key market players are also focusing on adopting strategies such as partnerships and acquisitions for integrating advance technologies in reverse logistics segment. For instance, in March 2023, Optoro, Inc. strategically partnered with Locus Robotic. This partnership provides a fully integrated, robust, and highly scalable software and robotics automation solution for high-volume end-to-end reverse logistics solution.
Market Players Outlook
The major companies serving the global reverse logistics market include CCR Logistics Systems AG, DB Schenker, C.H. Robinson Worldwide Inc., Deutsche Post DHL Group, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in October 2022, ReverseLogix partnered with Overhaul company. This partnership provides business-to-business (B2B) organizations with ReverseLogix’s powerful returns management system (RMS) coupled with Overhaul’s unique data-agnostic supply chain visibility and security software and services. These solutions help companies to address issues, pinpoint areas to lower costs, identify ways to improve process efficiency, and manage the entire return lifecycle with powerful real-time.
For instance, in June 2022, the UAE’s reverse logistics start-up, Cartlow raised $18 million in a Series A funding round led by the Saudi investment firm, AlSulaiman Group. This investment will assist the company to drive innovative technology within the reverse logistics landscape across the region.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global reverse logistics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. The Deutsche Bahn AG
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. FedEx Corp.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. United Parcel Service, Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Reverse Logistics Market by Return Type
4.1.1. Recalls
4.1.2. Commercial Returns
4.1.3. Repairable Returns
4.1.4. End-of-use Returns
4.1.5. End of life Return
4.2. Global Reverse Logistics Market by End-User
4.2.1. E-Commerce
4.2.2. Retail
4.2.3. Automotive
4.2.4. Consumer Electronics
4.2.5. Pharmaceutical
4.2.6. Other (Luxury goods)
4.3. Global Reverse Logistics Market by Service
4.3.1. Transportation
4.3.2. Warehousing
4.3.3. Reselling
4.3.4. Replacement Management
4.3.5. Refund Management Authorization
4.3.6. Others (Packaging, Refurbishment of Goods)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Bowman Logistics
6.2. CCR Logistics Systems AG
6.3. C.H. Robinson Worldwide Inc.
6.4. Core Logistic Pvt. Ltd.
6.5. DB Schenker (DB Group)
6.6. Deutsche Post AG
6.7. GEFCO
6.8. Happy Returns Inc.
6.9. Kintetsu World Express, Inc.
6.10. Optoro
6.11. PayPal Holdings, Inc.
6.12. RLG Systems AG
6.13. Safexpress Pvt. Ltd.
6.14. ShipBob, Inc.
6.15. ShipWizard
6.16. Yusen Logistics Co., Ltd.
6.17. Zipline Logistics
1. GLOBAL REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY RETURN TYPE, 2023-2030 ($ MILLION)
2. GLOBAL RECALLS REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL COMMERCIAL RETURNS LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL REPAIRABLE RETURNS LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL END-OF-USE RETURNS LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL END-OF-LIFE RETURN LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
8. GLOBAL REVERSE LOGISTICS FOR E-COMMERCE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL REVERSE LOGISTICS FOR RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL REVERSE LOGISTICS FOR AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL REVERSE LOGISTICS FOR CONSUMER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL REVERSE LOGISTICS FOR PHARMACEUTICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL REVERSE LOGISTICS FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY SERVICE, 2022-2030 ($ MILLION)
15. GLOBAL REVERSE LOGISTICS IN TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL REVERSE LOGISTICS IN WAREHOUSING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. GLOBAL REVERSE LOGISTICS IN RESELLING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. GLOBAL REVERSE LOGISTICS IN REPLACEMENT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
19. GLOBAL REVERSE LOGISTICS IN REFUND MANAGEMENT AUTHORIZATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
20. GLOBAL REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
21. NORTH AMERICAN REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
22. NORTH AMERICAN REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY RETURN TYPE, 2022-2030 ($ MILLION)
23. NORTH AMERICAN REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
24. NORTH AMERICAN REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY SERVICE, 2022-2030 ($ MILLION)
25. EUROPEAN REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
26. EUROPEAN REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY RETURN TYPE, 2022-2030 ($ MILLION)
27. EUROPEAN REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
28. EUROPEAN REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY SERVICE, 2022-2030 ($ MILLION)
29. ASIA-PACIFIC REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
30. ASIA-PACIFIC REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY RETURN TYPE, 2022-2030 ($ MILLION)
31. ASIA-PACIFIC REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
32. ASIA-PACIFIC REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY SERVICE, 2022-2030 ($ MILLION)
33. REST OF THE WORLD REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
34. REST OF THE WORLD REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY RETURN TYPE, 2022-2030 ($ MILLION)
35. REST OF THE WORLD REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
36. REST OF THE WORLD REVERSE LOGISTICS MARKET RESEARCH AND ANALYSIS BY SERVICE, 2022-2030 ($ MILLION)
1. GLOBAL REVERSE LOGISTICS MARKET SHARE BY RETURN TYPE, 2022 VS 2030 (%)
2. GLOBAL RECALLS REVERSE LOGISTICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL COMMERCIAL RETURNS LOGISTICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL REPAIRABLE RETURNS LOGISTICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL END-OF-USE RETURNS LOGISTICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL END OF LIFE RETURN LOGISTICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL REVERSE LOGISTICS MARKET SHARE BY END-USER, 2022 VS 2030 (%)
8. GLOBAL REVERSE LOGISTICS FOR E-COMMERCE MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL REVERSE LOGISTICS FOR RETAIL MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL REVERSE LOGISTICS FOR AUTOMOTIVE MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL REVERSE LOGISTICS FOR CONSUMER ELECTRONICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL REVERSE LOGISTICS FOR PHARMACEUTICAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL REVERSE LOGISTICS FOR OTHER MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL REVERSE LOGISTICS MARKET SHARE BY SERVICE, 2022 VS 2030 (%)
15. GLOBAL REVERSE LOGISTICS FOR TRANSPORTATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. GLOBAL REVERSE LOGISTICS FOR WAREHOUSING MARKET SHARE BY REGION, 2022 VS 2030 (%)
17. GLOBAL REVERSE LOGISTICS FOR RESELLING MARKET SHARE BY REGION, 2022 VS 2030 (%)
18. GLOBAL REVERSE LOGISTICS FOR REPLACEMENT MANAGEMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
19. GLOBAL REVERSE LOGISTICS FOR REFUND MANAGEMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
20. GLOBAL REVERSE LOGISTICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
21. US REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
22. CANADA REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
23. UK REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
24. FRANCE REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
25. GERMANY REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
26. ITALY REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
27. SPAIN REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
28. REST OF EUROPE REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
29. INDIA REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
30. CHINA REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
31. JAPAN REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
32. SOUTH KOREA REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
33. REST OF ASIA-PACIFIC REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
34. REST OF THE WORLD REVERSE LOGISTICS MARKET SIZE, 2022-2030 ($ MILLION)
