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The booming e-commerce industry and surging investments being made in the logistics industry will amplify the need for on-demand logistics solutions in the foreseeable future.

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Published by Rahul Gautam, 2022-02-14 08:31:55

On-Demand Logistics Market 2020-2030

The booming e-commerce industry and surging investments being made in the logistics industry will amplify the need for on-demand logistics solutions in the foreseeable future.

Keywords: On-Demand Logistics Market,Demand for On-Demand Logistics Market,On-Demand Logistics Market 2030,Asia,US On-Demand Logistics Market

2022 1

On-Demand Logistics
Market Size, Segments,
Emerging Technologies
and Market Growth by
Forecast to 2030

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On-demand logistics solutions are being increasingly used by e-commerce companies,
owing to the changing shopping pattern of customers and increasing consumer
preference for fast shipping and competitive pricing. As traditional logistics alternatives
are unable to meet the rising expectations of customers, e-commerce firms are deploying
on-demand logistics services to manage inconsistent shipping needs and meet the
sudden need for bulk supply. Thus, the flourishing e-commerce sector will create a huge
requirement for on-demand logistics services in the forthcoming years.

Moreover, the mounting investments being made in the logistics industry, especially in
the upcoming start-ups offering logistics services and services, will help the on-demand
logistics market to accelerate at 21.1% CAGR during the forecast period (2020–2030).
The market revenue stood at $9.1 billion in 2019 and it is projected to reach $75.0
billion by 2030. For instance, in July 2018, GoGoVan, a Hong Kong-based company,
announced that it had raised $250 million in the initial phase of its new round of
funding.

In recent years, companies such as Lalamove EasyVan (Thailand) Co. Ltd., Shadowfax
Technologies Pvt. Ltd., Stuart Delivery Ltd. (STUART), Shippify Inc., MENA 360
DWC-LLC (Fetchr), Bringg Delivery Technologies Ltd., Deliv Inc., Deliveree
(Thailand) Co. Ltd., Uber Freight LLC, and GoGo Tech Ltd. (GoGoVan), have started
to focus on geographical expansions and partnerships to meet the burgeoning need for
cost-effective and convenient on-demand logistics services from various end-use
industries. These companies deploy light commercial vehicles and medium/heavy
commercial vehicles (M/HCVs) in their fleets to meet the logistics need of the industrial
and e-commerce sectors.

The end use segment of the on-demand logistics market is divided into business to
business (B2B) and business to customer (B2C). Of these, the B2B category held the
larger market share in 2019, due to the increasing adoption of app-based delivery
services by enterprises to facilitate their delivery activities and magnify their profit
margins. Whereas, the B2C category will demonstrate the faster growth throughout the
forecast period, due to the easy accessibility of on-demand logistics services through
mobile apps. Such apps ensure the safe delivery of goods as the users can track their
products in real-time through them.

According to P&S Intelligence, North America has emerged as the largest user of on-
demand logistics solutions in the recent past. This was due to the extensive use of
trucking services, majorly in the U.S., owing to the massive profit generated by the
transportation and logistics industry in North America. Moreover, the increasing
shortage of drivers and freight solutions will also create a huge requirement for more
effective solutions such as on-demand logistics in the coming years.

Whereas, the Asia-Pacific (APAC) on-demand logistics market is expected to exhibit

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the fastest growth throughout the forecast period, due to the existence of a vast
consumer base in countries such as India and China, owing to their vast population.
Moreover, the flourishing e-commerce sector and mounting disposable income of people
in the region will also contribute to the market growth in the upcoming years. Besides,
the rising technological advancements and escalating consumer awareness about the use
of convenient logistics options will also drive the regional market growth in the
foreseeable future.

Therefore, the booming e-commerce industry and surging investments being made in the
logistics industry will amplify the need for on-demand logistics solutions in the
foreseeable future.

Market Segmentation by Vehicle Type
 Light Commercial Vehicle (LCV)
 Medium/Heavy Commercial Vehicle (M/HCV)

Market Segmentation by End Use
 Business to Business (B2B)
 Business to Customer (B2C)

Market Segmentation by Application
 E-Commerce
 Industrial
 Moving and Shifting
 Peer to Peer Delivery
 Others

Market Segmentation by Geography
 North America On-Demand Logistics Market
o By vehicle type
o By end use
o By application
o By country – U.S. and Canada
 Europe On-Demand Logistics Market
o By vehicle type
o By end use
o By application
o By country – Germany, France, U.K., Italy, Spain, and Rest of Europe
 Asia-Pacific (APAC) On-Demand Logistics Market
o By vehicle type
o By end use

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o By application
o By country – China, Japan, India, and Rest of APAC

 Latin America, Middle East and Africa (LAMEA) On-Demand Logistics Market

o By vehicle type

o By end use

o By application
o By country – Brazil, Mexico, and Rest of LAMEA

This study covers

1. Historical and the present size of the On-Demand Logistics Market
2. Historical and the present size of the market segments and understand their

comparative future potential
3. Potential of on-demand logistics services, so the market players make informed

decisions on the sales of their offerings
4. Competitive scenario of various market segments across key countries in several

regions for uncovering market opportunities for the stakeholders
5. Major players operating in the market and their service offerings

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