Reverse Logistics Market By Return Type, By End User : Global Opportunity Analysis and Industry Forecast, 2023-2032

List of Tables

The global reverse logistics market size was valued at $630.9 billion in 2022, and is projected to reach $947.7 billion by 2032, growing at a CAGR of 4.3% from 2023 to 2032.

Reverse logistics is the process of managing the return of goods from the end user back to the seller or manufacturer. It manages return of goods due to disposal, refurbishment, or replacement of the original product. It typically involves the movement of goods in reverse order from consumer to manufacturer or seller.

Reverse logistics solutions are effective, allowing customers to return products to manufacturers for a variety of reasons, such as wrong product ordered, damaged products delivered, product quality not as per the description, and non-requirement of products at the customer's end. Its services are implemented by pharmaceutical, automotive, FMCG, and other manufacturers to improve customer satisfaction and reduce adverse environmental impact.

The global reverse logistics market growth is driven by expansion of e-commerce industry, increased product recall due to stringent government rules for product quality in the automotive industry, rise of tech-driven reverse logistics services, and surge in adoption of IoT-enabled connected devices. On the contrary, lack of control of manufacturers on reverse logistics service and uncertainty in the reverse logistics process are anticipated to hinder market growth. Furthermore, factors such as introduction of blockchain technology and reduction in losses owing to adoption of a multi-modal system are anticipated to create lucrative growth opportunities.

Technological advancements in FMCG, pharmaceutical, and other industries have revolutionized the reverse logistics market globally. The increase in penetration of Internet of things (IoT) solutions in reverse logistics operations enables direct access to the company network and aids live tracking of shipments for the customers and freight companies. In addition, the evolution of state-of-the-art technologies such as artificial intelligence (AI), machine learning, radio-frequency identification (RFID), and Bluetooth in the reverse logistics industry acts as a catalyst to the growth of the market.

However, the logistics sector involves the movement of goods between the customer and the manufacturer of the product. The reverse logistics industry transfers returned or damaged items back to the manufacturer. The need for reverse logistics is uncertain due to advancements in manufacturing technologies and standards followed by global manufacturers across various industries. In addition, the returned products increase the overall cost of production and result in a negative impact on the reputation of the company.

The procurement sources in reverse logistics vary according to the product and industry, which further complicates the reverse logistics services. For instance, in the e-commerce sector, a product passes through an entire value chain before being delivered to the customer. When a product is returned, sometimes the price of the product is lower than the cost associated with returning the product back to the manufacturer. Hence, market leaders of the retail industry have adopted the practice of letting the customers keep the replacement products to avoid the cost of reverse logistics. Thus, the challenges in predicting the demand for the reverse logistics process are major factors that restrain the growth of the reverse logistics market.

The reverse logistics market is segmented into return type, end user, and region. On the basis of the return type, the market is divided into recalls, commercial returns & B2B returns, repairable returns, end-of-use returns and end-of-life returns. By end user, the market is segregated into e-commerce, automotive, pharmaceutical, consumer electronics, retail, luxury goods, and reusable packaging. By region, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.

The key companies profiled in the report include C.H. Robinson Worldwide, Inc., RLG, Core Logistic Private Limited, DB Schenker, Deutsche Post DHL Group, FedEx Corporation, Kintetsu World Express, Inc., Safexpress Pvt. Ltd., United Parcel Service, Inc. and Yusen Logistics Co., Ltd.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the reverse logistics market analysis from 2022 to 2032 to identify the prevailing reverse logistics market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the reverse logistics market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global reverse logistics market trends, key players, market segments, application areas, and market growth strategies.

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Upcoming/New Entrant by Regions
Market share analysis of players at global/region/country level
SWOT Analysis

Key Market Segments

By Return Type

Recalls
Commercial returns and B2B returns
Repairable returns
End of use returns
End of life returns

By End User

Consumer electronics
Retail
Luxury goods
Reusable packaging
E-Commerce
Automotive
Pharmaceutical

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Spain
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Argentina
- Rest of Latin America
Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East And Africa

Key Market Players:

C.H. Robinson Worldwide, Inc.
DB Schenker
YUSEN LOGISTICS CO., LTD.
RLG
Core Logistic Private Limited
Deutsche Post AG
FedEx
Kintetsu World Express, Inc
SAFEXPRESS
United Parcel Service of America, Inc.

Product Code: A04829

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's Five Forces Analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: REVERSE LOGISTICS MARKET, BY RETURN TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Recalls
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Commercial returns and B2B returns
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Repairable returns
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. End of use returns
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
4.6. End of life returns
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country

CHAPTER 5: REVERSE LOGISTICS MARKET, BY END USER

5.1. Overview
- 5.1.1. Market size and forecast
5.2. E-Commerce
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Automotive
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Pharmaceutical
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Consumer electronics
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. Retail
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
5.7. Luxury goods
- 5.7.1. Key market trends, growth factors and opportunities
- 5.7.2. Market size and forecast, by region
- 5.7.3. Market share analysis by country
5.8. Reusable packaging
- 5.8.1. Key market trends, growth factors and opportunities
- 5.8.2. Market size and forecast, by region
- 5.8.3. Market share analysis by country

CHAPTER 6: REVERSE LOGISTICS MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Return Type
- 6.2.3. Market size and forecast, by End User
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Market size and forecast, by Return Type
  - 6.2.4.1.2. Market size and forecast, by End User
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Market size and forecast, by Return Type
  - 6.2.4.2.2. Market size and forecast, by End User
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Market size and forecast, by Return Type
  - 6.2.4.3.2. Market size and forecast, by End User
6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Return Type
- 6.3.3. Market size and forecast, by End User
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. Germany
  - 6.3.4.1.1. Market size and forecast, by Return Type
  - 6.3.4.1.2. Market size and forecast, by End User
  - 6.3.4.2. France
  - 6.3.4.2.1. Market size and forecast, by Return Type
  - 6.3.4.2.2. Market size and forecast, by End User
  - 6.3.4.3. UK
  - 6.3.4.3.1. Market size and forecast, by Return Type
  - 6.3.4.3.2. Market size and forecast, by End User
  - 6.3.4.4. Spain
  - 6.3.4.4.1. Market size and forecast, by Return Type
  - 6.3.4.4.2. Market size and forecast, by End User
  - 6.3.4.5. Rest of Europe
  - 6.3.4.5.1. Market size and forecast, by Return Type
  - 6.3.4.5.2. Market size and forecast, by End User
6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Return Type
- 6.4.3. Market size and forecast, by End User
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Market size and forecast, by Return Type
  - 6.4.4.1.2. Market size and forecast, by End User
  - 6.4.4.2. India
  - 6.4.4.2.1. Market size and forecast, by Return Type
  - 6.4.4.2.2. Market size and forecast, by End User
  - 6.4.4.3. Japan
  - 6.4.4.3.1. Market size and forecast, by Return Type
  - 6.4.4.3.2. Market size and forecast, by End User
  - 6.4.4.4. South Korea
  - 6.4.4.4.1. Market size and forecast, by Return Type
  - 6.4.4.4.2. Market size and forecast, by End User
  - 6.4.4.5. Rest of Asia-Pacific
  - 6.4.4.5.1. Market size and forecast, by Return Type
  - 6.4.4.5.2. Market size and forecast, by End User
6.5. Latin America
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Return Type
- 6.5.3. Market size and forecast, by End User
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Brazil
  - 6.5.4.1.1. Market size and forecast, by Return Type
  - 6.5.4.1.2. Market size and forecast, by End User
  - 6.5.4.2. Argentina
  - 6.5.4.2.1. Market size and forecast, by Return Type
  - 6.5.4.2.2. Market size and forecast, by End User
  - 6.5.4.3. Rest of Latin America
  - 6.5.4.3.1. Market size and forecast, by Return Type
  - 6.5.4.3.2. Market size and forecast, by End User
6.6. Middle East and Africa
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by Return Type
- 6.6.3. Market size and forecast, by End User
- 6.6.4. Market size and forecast, by country
  - 6.6.4.1. GCC Countries
  - 6.6.4.1.1. Market size and forecast, by Return Type
  - 6.6.4.1.2. Market size and forecast, by End User
  - 6.6.4.2. South Africa
  - 6.6.4.2.1. Market size and forecast, by Return Type
  - 6.6.4.2.2. Market size and forecast, by End User
  - 6.6.4.3. Rest of Middle East And Africa
  - 6.6.4.3.1. Market size and forecast, by Return Type
  - 6.6.4.3.2. Market size and forecast, by End User

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product mapping of top 10 player
7.4. Competitive dashboard
7.5. Competitive heatmap
7.6. Top player positioning, 2022

CHAPTER 8: COMPANY PROFILES

8.1. C.H. Robinson Worldwide, Inc.
- 8.1.1. Company overview
- 8.1.2. Key executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
- 8.1.7. Key strategic moves and developments
8.2. RLG
- 8.2.1. Company overview
- 8.2.2. Key executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.2.7. Key strategic moves and developments
8.3. Core Logistic Private Limited
- 8.3.1. Company overview
- 8.3.2. Key executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.3.6. Business performance
- 8.3.7. Key strategic moves and developments
8.4. DB Schenker
- 8.4.1. Company overview
- 8.4.2. Key executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.4.7. Key strategic moves and developments
8.5. Deutsche Post AG
- 8.5.1. Company overview
- 8.5.2. Key executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
- 8.5.7. Key strategic moves and developments
8.6. FedEx
- 8.6.1. Company overview
- 8.6.2. Key executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.6.6. Business performance
- 8.6.7. Key strategic moves and developments
8.7. Kintetsu World Express, Inc
- 8.7.1. Company overview
- 8.7.2. Key executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.7.7. Key strategic moves and developments
8.8. SAFEXPRESS
- 8.8.1. Company overview
- 8.8.2. Key executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
- 8.8.7. Key strategic moves and developments
8.9. United Parcel Service of America, Inc.
- 8.9.1. Company overview
- 8.9.2. Key executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.9.7. Key strategic moves and developments
8.10. YUSEN LOGISTICS CO., LTD.
- 8.10.1. Company overview
- 8.10.2. Key executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance
- 8.10.7. Key strategic moves and developments