Reverse logistics is the process of moving goods from final destination and receiving returned products/ materials for proper disposal. Reverse logistics comprises of activities, which includes remanufacturing, redesigning, and refurbishing.
Reverse logistics is associated with the reuse of products/merchandise. It includes the process of planning, implementing, and controlling the cost-effective, efficient flow of raw materials, inventory, final goods, or reducing the energy and pollution from transportation. Reverse logistics strategy is gaining friction point in the supply chain management owing to the rise in mobile and online commerce.
Reverse logistics play an important role in the retail and consumer electronics in order to let retailers deal with returns and process them efficiently. Retailers seek ways to offer hassle free multichannel returns to minimize fraud and abuse, as the process of moving goods from customers’ location to return centers, face number of challenges. The reverse logistics market is anticipated to expand at a considerable pace due to the introduction of blockchain technology in logistics industry.
Asia Pacific is anticipated to dominate the global reverse logistics market, followed by North America and Europe.
In 2018, the global Reverse Logistics market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Reverse Logistics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Reverse Logistics development in United States, Europe and China.
The key players covered in this study
The Deutsche Post
United Parcel Service (UPS)
Kintetsu World Express
Market segment by Type, the product can be split into
Remanufacturing, Redesigning, and Refurbishing
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Reverse Logistics status, future forecast, growth opportunity, key market and key players.
To present the Reverse Logistics development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Reverse Logistics are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.