MEMBERS ONLY

The World’s Fastest Growing E-Commerce Logistics Market

Sep 30, 2021

(Click here to view the HD version of the infographic)

2020 was a challenging year for the retail industry.  At the same time, however, the pandemic pushed e-commerce sales to reach unprecedented heights in 2020. Worldwide e-commerce sales have reached $4.280 trillion, a 27.6% increase from the previous year. 

Along with the accelerated growth in e-commerce, the e-commerce logistics market also experienced a phenomenal rise. According to Transport Intelligence’s Global e-commerce Logistics 2021 Report, the global e-commerce logistics market grew to €368 billion, a 27.3% jump from the previous year.

So which regions accounted for the biggest growth throughout 2020? Let’s take a look!

Asia-Pacific had the Slowest E-Commerce Growth but had the Biggest Market Size

While the growth in Asia-Pacific ranked last, the region was the largest e-commerce logistics market in 2020, amounting to 41.55% of the world’s e-commerce logistics market. Last year, the region reached new heights with $2.448 trillion in retail e-commerce sales. The APAC market was mostly dominated by China, the world’s largest e-commerce market with e-commerce giants such as Alibaba and JD.com.

In 2020, Sub-Saharan Africa’s e-commerce logistics market saw the most growth compared to the other regions. Although South Africa’s share of digital shoppers only accounted for 57.7% of internet users; lower than the global average of 77%, its e-commerce market seems to be showing promising growth. The most popular e-commerce marketplace in the region, Jumia, reported a 50% increase in transactions in the first half of 2020.

Regions by Market Growth YoY (2020)

#1 Sub-Saharan Africa: 36.3% Market Growth YoY (2020)

To continue reading

Sign Up for FREE

Unlimited access to exclusive data insights

Be in the know of the hottest events

Receive weekly roundup of latest industry news

Share this with your network

Also worth your time

linkedin sign up banner
Follow us on LinkedIn
Stay connected with us

Track your parcel here