According to a new market research report published by sheer analytics and insights, “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”, as per the latest market research report titled Global E-Commerce Fulfilment Services Market - Industry analysis, size, share, growth, trends and forecast, 2021 – 2031.
The increase in e-commerce and the increase in the number of online buyers especially in the upcoming and emerging economies are the main factor that will help to accelerate the growth of this market during the forecasted period. The current COVID-19 pandemic has affected many businesses across many sectors leading to cutting the profits. E-commerce companies and fulfillment centers have also seen many setbacks as well during this pandemic which is because of supply chain disruptions and shortage of labor.
Geographically, The Global E-Commerce Fulfilment Services Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.
The primary key players of 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