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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
E-Commerce Fulfillment Services Market Share
Beauty and personal care products captures the largest market share due to the high influence of social media and wide availability of these products on online websites
In types of products, beauty and personal care segment is anticipated to lead the e-commerce fulfillment services market share in the forecast period. Beauty and personal care include products such as cosmetics, skincare, haircare, fragrances, oral care, and personal hygiene. Global online sales of beauty and personal care products reached USD 65.6 billion in 2020, growing by 20% from 2019. The main drivers of this segment are the rising demand for natural and organic products, the influence of social media and influencers, and the convenience of online shopping. Some of the leading online retailers in this segment are Amazon, Alibaba, Sephora, and Nykaa.
Consumer electronics segment in order fulfillment market includes products such as smartphones, tablets, laptops, desktops, TVs, cameras, audio devices, gaming consoles, and accessories. The segment’s growth is driven by the increasing adoption of smart devices, the emergence of new technologies such as 5G and IoT, and the growth of online platforms such as Amazon, Best Buy, and JD.com. Furthermore, the growing demand for consumer electronics and the need for proper multi-layer packaging for electronics to rule out the risk of damage during transit is propelling the demand for e-commerce fulfillment services.
Clothing and footwear includes apparel, shoes, bags, jewellery, and accessories. This segment is expected to see a steady growth in the coming years, due to the increasing preference for fast fashion and sales of clothes online. With frequently changing fashion trends, people are buying new clothes and shoes at a faster rate. The global online sales of clothing and footwear reached USD 525.1 billion in 2020, which, in turn, can increase the overall e-commerce fulfillment services market size as well.
E-Commerce Fulfillment Services Market Report Snapshots
E-Commerce Fulfillment Services Market Size
E-Commerce Fulfillment Services Market Trends
E-Commerce Fulfillment Services Market Share
E-Commerce Fulfillment Services Companies
E-Commerce Fulfillment Services Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 102.84 billion.
The e-commerce fulfillment services market is expected to grow at a CAGR of 9.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 227.07 billion by 2032.
The rapidly growing preference for online shopping, increasing number of online retailers, and rising preference for outsourcing fulfillment services are the major drivers of this market.
Key trends aiding market expansion include the deployment of latest technology, growing concentration of fulfillment centres near metropolitan regions, and increasing sales of consumer electronics on e-commerce platforms.
Major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
E-commerce fulfillment services refer to all the operations that take place at an e-commerce company or provider post receiving an order like checking inventory, packing items, transporting orders to the customer’s shipping destination, and handling returns and exchange.
The four major types of order fulfillment are: in-house, outsourced, hybrid and drop shipping.
The key service types include bundling services, shipping services, and warehousing and storage services, among others.
Key players in the market are Amazon.com, Inc., eFulfillment Service, Inc., Ingram Micro, Inc. ShipNetwork, Red Stag Fulfillment, ShipBob, Inc., Shipfusion Inc., Xpert Fulfillment, Sprocket Express Plainville, MA, and FedEx Corporation, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124