Latin America e-commerce logistics Market, Size, Share, Analysis Report & Forecast to 2026


Posted September 28, 2021 by alfahadkhan2510

Latin America e-commerce logistics is anticipated to grow at a CAGR of 6.1% during the forecast period (2021-2027).
 
Latin America e-commerce logistics is anticipated to grow at a CAGR of 6.1% during the forecast period (2021-2027). The market growth is mainly attributed to the growth in the number of e-commerce industries, increasing digital infrastructure development, and rising investment by key market players across the globe. More discounted offers and a variety of products have increased the interest of people towards online shopping and the increase in awareness among people is further expected to increase the growth of the market in the forecast period. According to the analysis of the World Bank, approximately 30% of the distribution cost structure alone represents the total logistics cost in Brazil. In addition to this, countries in Latin America rely heavily on roadways for transportation of agricultural products and fertilizers over long distances. With the increase in transportation, many players will have the interest to fund in this region as the transportation cost has raised and people look for cost-effective transportation. Moreover, Chile is a logistics hub due to the operation of the interoceanic channel and better infrastructure as the Chilean government has included the need for a modern network of logistics to increase the country’s economy.

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The Latin American e-commerce market is growing at a CAGR of 6.1% during the forecast period (2021-2027). Major factors that are contributing to the growth of the market include a rise in the number of e-commerce companies, an increase in e-commerce sales, and technological advancements across Latin America. The explosion of mobile internet penetration has also played a vital role as people can search for whatever products they want. For instance, according to the ITU, around 51% of individuals have been used the internet in 2020. The advancement in technology can be implemented to improve control of freight movement and logistics includes drones and optimization of vehicle routing and efficiency, such as platooning of trucks. Countries like Brazil, Argentina, and Chile rely heavily on roadways for the transportation of agricultural products and fertilizers over long distances. Therefore, dependence on the logistics and transportation networks ensures its competitiveness, and continued growth is anticipated to propel the growth of the e-commerce logistics market in the Latin American region.

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The Latin American e-commerce logistics market is analyzed based on the geographical regions that are contributing significantly towards the growth of the market. Based on the geography, the market is segmented into Brazil, Costa Rica, Chile, Argentina, Colombia, and the rest of Latin America. Brazil was estimated to be one of the dominating countries in this market. Moreover, Chile & Argentina offers significant potential for cross-border e-commerce logistics growth, with many retailers able to stock centralized inventory in larger markets or cross-border hubs and service multiple markets relatively quickly and at a low cost. Costa Rica is also estimated to have a considerable share. For instance, During 2018, Amazon started shipping directly to Costa Rica, therefore many Costa Ricans are bypassing the Miami-based PO Box services, saving some money and time. Saudi Arabia has well-developed infrastructures along with a broad range of product offerings by manufacturers in the region that are driving the market.

Latin America e-commerce logistics Market – Segmentation
by Services
Transportation Services
Warehousing Services
Other E-Commerce Logistics Services
by Product
Baby Products
Personal Care Products
Books
Home Furnishing Products
Apparel Products
Electronics Products
Automotive Products
Others
by Location
International
Domestic
Urban
Semi-Urban
Rural

Latin America e-commerce logistics Market – Segmentation by Region 
Brazil
Mexico
Argentina
Rest of Latin America

Company Profiles
Asendia Management SAS
Amazon Transportation Services (Amazon.Com Inc.)
Aramex, Inc.
Blue Dart Express
BRT S.p. A.
DB Schenker
DHL International GmbH
DirectLink
DPDgroup
FedEx Corp.
Jet Box International
General Logistics Systems B.V.
Hermes Group
A.P. Moller – Maersk
Koninklijke PostNL
Parcelhub Ltd.
Pillow Logistics
Smart Delivery Service Inc.
Royal Mail Group Ltd.
United Parcel Service, Inc.
World Logistics Management Ltd.

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Issued By Alfahad khan
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Country India
Categories Business
Tags latin america ecommerce logistics market
Last Updated September 28, 2021