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Reverse Logistics Market to exceed $1.6 Tn by 2032, Says Global Market Insights Inc.

Major reverse logistics market participants include Blue Dart Express Ltd., C H Robinson Worldwide Inc., CMA CGM SA, Core Logistic Pvt. Ltd., Deutsche Post DHL Group, FedEx Corporation, Happy Returns LLC, Kintetsu World Express, Inc., NFI Industries, Inc., Pitney Bowes Inc., Reverse Logistics Group

Selbyville, Delaware, Sept. 27, 2023 (GLOBE NEWSWIRE) —

The reverse logistics market is projected to be worth USD 1.6 trillion by 2032, as reported in

Major players involved in the reverse logistics market are FedEx Corporation, CMA CGM SA, Core Logistic Pvt. Ltd., Deutsche Post DHL Group, Kintetsu World Express, Inc., NFI Industries, Inc., Pitney Bowes Inc., Blue Dart Express Ltd., C H Robinson Worldwide Inc., and United Parcel Service, Inc. (UPS). Strategic initiatives, such as technology adoption, sustainability practices, and customer-centric approaches are actively undertaken by these industry players to gain competitive advantages. To cite an instance, in March 2023, Aramco, a leading chemicals company entered an agreement with DHL Supply Chain for the establishment of new procurement and logistics hub in Saudi Arabia, with the goal of improving supply chain efficiency and sustainability.

Partial chapters of report table of contents (TOC):

Chapter 2   Executive Summary
2.1    Reverse logistics market 360º synopsis, 2018 – 2032
2.2    Business trends
2.2.1    Total Addressable Market (TAM), 2023-2032
2.3    Regional trends
2.4    Processes trends
2.5    Return type trends
2.6    Service provider trends
2.7    End-user trends
Chapter 3   Reverse Logistics Market Insights
3.1    Impact of COVID-19
3.2    Impact of the Russia-Ukraine war
3.3    Industry ecosystem analysis
3.4    Vendor matrix
3.5    Profit margin analysis
3.6    Technology & innovation landscape
3.7    Patent analysis
3.8    Key news and initiatives
3.8.1    Partnership/Collaboration
3.8.2    Merger/Acquisition
3.8.3    Investment
3.8.4    Processes launch & innovation
3.9    Regulatory landscape
3.10    Impact forces
3.10.1    Growth drivers
3.10.1.1    Rapid growth of e-commerce
3.10.1.2    Increasing environmental awareness
3.10.1.3    Advancements in technology, such as IoT devices, data analytics, and real-time tracking
3.10.1.4    Rising importance of adoption of circular economy principles
3.10.2    Industry pitfalls & challenges
3.10.2.1    Complexity of operations
3.10.2.2    Regulatory compliance and safety
3.11    Growth potential analysis
3.12    Porter’s analysis
3.13    PESTEL analysis

Browse our Reports Store – GMIPulse @ https://www.gminsights.com/gmipulse 

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Logistics Automation Market Size – By Component (Hardware, Software, Services), By Organization Size (Large Enterprises, SMEs), By Application (Warehouse and Storage Management, Transportation Management), Logistics Type, End-use & Forecast, 2023 – 2032

https://www.gminsights.com/industry-analysis/logistics-automation-market

Third-Party Logistics (3PL) Market Size By Solution (Dedicated Contract Carriage, Domestic Transportation Management, International Transportation Management, Warehousing & Distribution, Logistics Software), Mode, Application & Forecast, 2023 – 2032

https://www.gminsights.com/industry-analysis/third-party-logistics-3pl-market-size

About Global Market Insights Inc.

Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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