Asia
Asia is a vast and diverse continent that offers unique features in terms of culture, history, and economy. It is home to some of the fastest-growing and emerging markets in the world. The e-commerce industry in Asia has experienced remarkable growth in recent years, becoming one of the most promising industries in the region.
In 2020, the e-commerce revenue in Asia reached $2.45 trillion, and it is projected to continue growing at a CAGR of 11.3% from 2021 to 2028. The growth of e-commerce in Asia is driven by the increase in mobile and internet penetration, rising middle-class population, and the adoption of digital technology.
China, the largest e-commerce market in Asia, accounts for more than 50% of the region's e-commerce revenue. However, other countries such as India, Indonesia, and Vietnam are also emerging as major players in the e-commerce industry. These countries are expected to experience significant growth in the coming years due to their large and growing internet-savvy populations.
Moreover, the logistics sector in Asia has also witnessed remarkable growth, driven by the increasing demand for e-commerce services. The rise of e-commerce has led to the development of new logistics solutions and technologies to improve delivery speed, cost, and efficiency.
In conclusion, Asia or Asia's e-commerce sector offers immense potential for growth and investment opportunities. With its diverse market and unique features, the region is poised to become a major player in the global e-commerce landscape. As the market continues to mature, businesses should focus on leveraging new technologies and innovative logistics solutions to stay ahead of the competition.
E-Commerce Revenue Trends
Delve into South East Asia's e-commerce revenue evolution over the years and uncover future projections.
Delve into South East Asia's e-commerce revenue evolution over the years, gaining insights into its historical trends, while also unveiling predictions and future projections for the region's e-commerce retail growth
Transit Time Insights & Analysis
Monitor the quarterly average transit times and spotlight industry-leading logistics carriers, offering a clear view of the country's logistics landscape.
Monitor the quarterly average transit times and spotlight industry-leading logistics carriers, offering a clear view of the country's logistics landscape.
Explore more markets
Deep dive into each of the following market's e-commerce logistics insights
Deep dive into each of the following market's e-commerce logistics insights
Delivery Performance Insights
Get a comprehensive overview of delivery performance data, ranging from delivery success rates by quarter to the percentage of delivery success for top carriers
Get a comprehensive overview of delivery performance data, ranging from delivery success rates by quarter to the percentage of delivery success for top carriers
Data Collection and Analysis Methodology
Vast Data Collection
Our benchmarking and carrier performance measurement techniques allow us to collect billions of anonymized data points from over 170 countries each year. We analyze the data from the hundreds of millions of parcels tracked on our platform from over 1,000 carriers, giving us the ability to distill a wealth of information about the global logistics industry.
Maintaining Data Representativeness
Domestic and international data is analyzed on a trade lane level, comparing the combinations of origin and destination to maintain data representativeness. This allows us to capture the nuances of specific trade lanes and provide insights that are tailored to the needs of our customers.
Rigorous Quality Control
To ensure the accuracy and representativeness of our data, we set strict minimum requirements for data point quantity and comparability when compiling carrier data sets. This helps to eliminate outliers and ensure that our insights are based on high-quality, unbiased, and representative data.
Transparent and Accurate Data Analysis
At our core, we believe that transparency and accuracy are essential to building trust with our customers. We are committed to delivering data insights that are free from bias and reflect the realities of the global logistics industry. Our customers can be confident in the accuracy of our data and the reliability of our insights.
Data-Driven Excellence with Real Consumer Insights
Global Data Coverage
Our data comprises over 170 million shipments spanning across 63,000 domestic and international tradelanes in 170+ countries.
Based on Neutral and Representative Data
With no affiliation to any logistics company, confidently benchmark your data against 1,070+ last mile carriers.
Comprehensive Metrics
Analyze key KPIs such as transit times, issue ratios and on-time performance while reviewing e-commerce trends and consumer insights.