Reportstack has announced a new market research report on the Global Retail Logistics Market 2014-2018. The Logistics market in the E-commerce Retail industry is expected to witness significant growth because of an increase in internet penetration and change in consumer behavior, which are expected to have a positive outlook on the market during the forecast period. The Global Retail Logistics market is expected to grow at a CAGR of 7.36 percent in the period 2014-2018.
The use of logistics in retail solutions has lowered the fulfilment costs, shortened delivery time, and enhanced the ability to focus on service delivery rather than on administrative processes. In today's scenario, every retail vendor is looking for opportunities to improve operational efficiencies and reduce costs without negatively affecting customer attention.
“Because of the increase in competition and increase in the rate of internet penetration among consumers, global retail logistics vendors are looking for opportunities to increase their market presence by differentiating their services from their competitors,” .
“This in turn has prompted vendors to spend more on transportation and logistics activities in order to provide superior services and highly customized products that can effectively meet the specific requirements of customers.”
To define the market conditions in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
Complete report available @ Global Retail Logistics Market 2014-2018.