The Global E-Commerce Fulfilment Services Market was $74.32 Bn in 2020, and it is expected to reach $170.4 Bn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 7.7% between 2021-2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. The increase in e-commerce and the increase in the number of online buyers especially in the upcoming and emerging economies are the main factors that will help to accelerate the growth of this market during the forecasted period.
Global E-Commerce Fulfilment Services Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global E-Commerce Fulfilment Services Market has been segmented into Source Type and Application. On the basis of source type, Global E-Commerce Fulfilment Services Market has been segmented into Warehousing and Storage Fulfillment Services, Bundling Fulfillment Services, Shipping Fulfillment Services, Others. On the basis of application Global E-Commerce Fulfilment Services Market has been segmented into Automotive, Beauty & Personal Care, Books & Stationery, Consumer Electronics, Healthcare, Clothing & Footwear, Home & Kitchen Application, Sports & Leisure, Others.
By Region, Asia Pacific Is Holding the Major Market Share
The Global E-Commerce Fulfilment Services Market North America, Asia Pacific, Latin America, Middle East, and Africa region. In addition to this, the Asia Pacific Global E-Commerce Fulfilment Services Market is holding the largest market share at present and is estimated to witness a high compound annual growth rate during the upcoming forecasted period. Increased internet penetration along with the increased prospects offered by the untapped markets of this region has led this region to dominate the market. Besides this North America is also going to witness remarkable growth during the forecasted period.
Major Players in Global E-Commerce Fulfilment Services Market
Some of the major players in the Global E-Commerce Fulfilment Services Market include Amazon.com, Inc., eFulfillment Service, Inc., Ingram Micro, Inc., Rakuten Super Logistics, Red Stag Fulfillment, ShipBob, Inc., Shipfusion Inc., Xpert Fulfillment, Sprocket Express, FedEx, United Parcel Service of America, Inc.
The Global E-Commerce Fulfilment Services Market Has Been Segmented Into:
Global E-Commerce Fulfilment Services Market, By Source Type
Global E-Commerce Fulfilment Services Market, By Application
Global E-Commerce Fulfilment Services Market, By Region
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