The Asia Pacific Reverse Logistics Market would witness market growth of 12.4% CAGR during the forecast period (2022-2028).
One of the most significant advantages of a successful reverse logistics operation is that it can supply businesses with vital product data. This is critical for resolving any current issues that may be triggering product returns. Reverse logistics processes that are well-planned and well-implemented can easily gather data on the cause of customer returns, as well as other useful information like common product defaults and lifespans. Simplified management of goods in supply chain results in minimal loss as well as greater income for the firm. Customized return rules and error-free returns processing, for example, can reduce return-related losses.
The outbreak of the pandemic result in a rapid increase in the number of infections in a short period of time, resulting in a dramatic rise in the demand for various resources, such as medical staff, medical supplies, healthcare facilities, and so on, in order to offer timely and adequate medical care, control disease spread, and minimize the economic impact. In this sense, establishing an effective and timely logistics network to handle this momentarily and dramatically elevated demand is critical. Various improvement models and methods have been developed to eliminate reverse logistics issues, so as to make better decision making for the planning and quick response to many challenges.
This industry is also one of the few that can operate with a skeleton crew under a complete lockdown. From maintaining vital supplies to the start of international trade, reverse logistics is an ever-important area. This sector's development and diversification will ensure significant growth for various firms. Thus, owing to increasing demand of essential resources for COVID-19 purpose, the reverse logistics market is likely to propel in the forecast period.
The China market dominated the Asia Pacific Reverse Logistics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $189 Billion by 2028. The Japan market is anticipated to grow at a CAGR of 11.7% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 13% during (2022 - 2028).
Based on End User, the market is segmented into E-commerce, Retail, Pharmaceutical, Automotive, Consumer Electronics, and Others. Based on Return Type, the market is segmented into Commercial & B2B Type, Repairable, Recalls, End-of-use Returns, and End of life returns. Based on Service, the market is segmented into Transportation, Refund Management Authorization, Replacement Management, Reselling, and Warehousing. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Reverse Logistics Market is Projected to reach USD 1796.9 Billion by 2028, at a CAGR of 11.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Deutsche Bahn AG, United Parcel Service, Inc., Core Logistic Private Limited, Kintetsu World Express, Inc., FedEx Corporation, Deutsche Post DHL Group, C.H. Robinson Worldwide, Inc., Yusen Logistics Co., Ltd., Safexpress Pvt. Ltd., and Reverse Logistics GmbH
Scope of the Study
Market Segments Covered in the Report:
By End User
- E-commerce
- Retail
- Pharmaceutical
- Automotive
- Consumer Electronics
- Others
By Return Type
- Commercial & B2B Type
- Repairable
- Recalls
- End-of-use Returns
- End of life returns
By Service
- Transportation
- Refund Management Authorization
- Replacement Management
- Reselling
- Warehousing
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Deutsche Bahn AG
- United Parcel Service, Inc.
- Core Logistic Private Limited
- Kintetsu World Express, Inc.
- FedEx Corporation
- Deutsche Post DHL Group
- C.H. Robinson Worldwide, Inc.
- Yusen Logistics Co., Ltd.
- Safexpress Pvt. Ltd.
- Reverse Logistics GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Reverse Logistics Market, by End User
1.4.2 Asia Pacific Reverse Logistics Market, by Return Type
1.4.3 Asia Pacific Reverse Logistics Market, by Service
1.4.4 Asia Pacific Reverse Logistics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Reverse Logistics Market
Chapter 4. Asia Pacific Reverse Logistics Market by End User
4.1 Asia Pacific E-commerce Market by Country
4.2 Asia Pacific Retail Market by Country
4.3 Asia Pacific Pharmaceutical Market by Country
4.4 Asia Pacific Automotive Market by Country
4.5 Asia Pacific Consumer Electronics Market by Country
4.6 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Reverse Logistics Market by Return Type
5.1 Asia Pacific Commercial & B2B Type Market by Country
5.2 Asia Pacific Repairable Market by Country
5.3 Asia Pacific Recalls Market by Country
5.4 Asia Pacific End-of-use Returns Market by Country
5.5 Asia Pacific End of life returns Market by Country
Chapter 6. Asia Pacific Reverse Logistics Market by Service
6.1 Asia Pacific Transportation Market by Country
6.2 Asia Pacific Refund Management Authorization Market by Country
6.3 Asia Pacific Replacement Management Market by Country
6.4 Asia Pacific Reselling Market by Country
6.5 Asia Pacific Warehousing Market by Country
6.6 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Reverse Logistics Market by Country
7.1 China Reverse Logistics Market
7.1.1 China Reverse Logistics Market by End User
7.1.2 China Reverse Logistics Market by Return Type
7.1.3 China Reverse Logistics Market by Service
7.2 Japan Reverse Logistics Market
7.2.1 Japan Reverse Logistics Market by End User
7.2.2 Japan Reverse Logistics Market by Return Type
7.2.3 Japan Reverse Logistics Market by Service
7.3 India Reverse Logistics Market
7.3.1 India Reverse Logistics Market by End User
7.3.2 India Reverse Logistics Market by Return Type
7.3.3 India Reverse Logistics Market by Service
7.4 South Korea Reverse Logistics Market
7.4.1 South Korea Reverse Logistics Market by End User
7.4.2 South Korea Reverse Logistics Market by Return Type
7.4.3 South Korea Reverse Logistics Market by Service
7.5 Singapore Reverse Logistics Market
7.5.1 Singapore Reverse Logistics Market by End User
7.5.2 Singapore Reverse Logistics Market by Return Type
7.5.3 Singapore Reverse Logistics Market by Service
7.6 Malaysia Reverse Logistics Market
7.6.1 Malaysia Reverse Logistics Market by End User
7.6.2 Malaysia Reverse Logistics Market by Return Type
7.6.3 Malaysia Reverse Logistics Market by Service
7.7 Rest of Asia Pacific Reverse Logistics Market
7.7.1 Rest of Asia Pacific Reverse Logistics Market by End User
7.7.2 Rest of Asia Pacific Reverse Logistics Market by Return Type
7.7.3 Rest of Asia Pacific Reverse Logistics Market by Service
Chapter 8. Company Profiles
8.1 Deutsche Bahn AG (DB Schenker)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.2 United Parcel Service, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.3 Core Logistic Private Limited
8.3.1 Company Overview
8.4 Kintetsu World Express, Inc. (Kintetsu Group Holdings Co., Ltd.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental Analysis
8.5 FedEx Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.4.2 Product Launches and Product Expansions:
8.6 Deutsche Post DHL Group
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Recent strategies and developments:
8.6.4.1 Partnerships, Collaborations, and Agreements:
8.7 C.H. Robinson Worldwide, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional & Segmental Analysis
8.8 Yusen Logistics Co., Ltd. (Nippon Yusen Kabushiki Kaisha)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Product Launches and Product Expansions:
8.8.4.2 Acquisition and Mergers:
8.9 Safexpress Pvt. Ltd.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.10. Reverse Logistics GmbH
8.10.1 Company Overview
TABLE 1 Asia Pacific Reverse Logistics Market, 2018 - 2021, USD Billion
TABLE 2 Asia Pacific Reverse Logistics Market, 2022 - 2028, USD Billion
TABLE 3 Asia Pacific Reverse Logistics Market by End User, 2018 - 2021, USD Billion
TABLE 4 Asia Pacific Reverse Logistics Market by End User, 2022 - 2028, USD Billion
TABLE 5 Asia Pacific E-commerce Market by Country, 2018 - 2021, USD Billion
TABLE 6 Asia Pacific E-commerce Market by Country, 2022 - 2028, USD Billion
TABLE 7 Asia Pacific Retail Market by Country, 2018 - 2021, USD Billion
TABLE 8 Asia Pacific Retail Market by Country, 2022 - 2028, USD Billion
TABLE 9 Asia Pacific Pharmaceutical Market by Country, 2018 - 2021, USD Billion
TABLE 10 Asia Pacific Pharmaceutical Market by Country, 2022 - 2028, USD Billion
TABLE 11 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Billion
TABLE 12 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Billion
TABLE 13 Asia Pacific Consumer Electronics Market by Country, 2018 - 2021, USD Billion
TABLE 14 Asia Pacific Consumer Electronics Market by Country, 2022 - 2028, USD Billion
TABLE 15 Asia Pacific Others Market by Country, 2018 - 2021, USD Billion
TABLE 16 Asia Pacific Others Market by Country, 2022 - 2028, USD Billion
TABLE 17 Asia Pacific Reverse Logistics Market by Return Type, 2018 - 2021, USD Billion
TABLE 18 Asia Pacific Reverse Logistics Market by Return Type, 2022 - 2028, USD Billion
TABLE 19 Asia Pacific Commercial & B2B Type Market by Country, 2018 - 2021, USD Billion
TABLE 20 Asia Pacific Commercial & B2B Type Market by Country, 2022 - 2028, USD Billion
TABLE 21 Asia Pacific Repairable Market by Country, 2018 - 2021, USD Billion
TABLE 22 Asia Pacific Repairable Market by Country, 2022 - 2028, USD Billion
TABLE 23 Asia Pacific Recalls Market by Country, 2018 - 2021, USD Billion
TABLE 24 Asia Pacific Recalls Market by Country, 2022 - 2028, USD Billion
TABLE 25 Asia Pacific End-of-use Returns Market by Country, 2018 - 2021, USD Billion
TABLE 26 Asia Pacific End-of-use Returns Market by Country, 2022 - 2028, USD Billion
TABLE 27 Asia Pacific End of life returns Market by Country, 2018 - 2021, USD Billion
TABLE 28 Asia Pacific End of life returns Market by Country, 2022 - 2028, USD Billion
TABLE 29 Asia Pacific Reverse Logistics Market by Service, 2018 - 2021, USD Billion
TABLE 30 Asia Pacific Reverse Logistics Market by Service, 2022 - 2028, USD Billion
TABLE 31 Asia Pacific Transportation Market by Country, 2018 - 2021, USD Billion
TABLE 32 Asia Pacific Transportation Market by Country, 2022 - 2028, USD Billion
TABLE 33 Asia Pacific Refund Management Authorization Market by Country, 2018 - 2021, USD Billion
TABLE 34 Asia Pacific Refund Management Authorization Market by Country, 2022 - 2028, USD Billion
TABLE 35 Asia Pacific Replacement Management Market by Country, 2018 - 2021, USD Billion
TABLE 36 Asia Pacific Replacement Management Market by Country, 2022 - 2028, USD Billion
TABLE 37 Asia Pacific Reselling Market by Country, 2018 - 2021, USD Billion
TABLE 38 Asia Pacific Reselling Market by Country, 2022 - 2028, USD Billion
TABLE 39 Asia Pacific Warehousing Market by Country, 2018 - 2021, USD Billion
TABLE 40 Asia Pacific Warehousing Market by Country, 2022 - 2028, USD Billion
TABLE 41 Asia Pacific Others Market by Country, 2018 - 2021, USD Billion
TABLE 42 Asia Pacific Others Market by Country, 2022 - 2028, USD Billion
TABLE 43 Asia Pacific Reverse Logistics Market by Country, 2018 - 2021, USD Billion
TABLE 44 Asia Pacific Reverse Logistics Market by Country, 2022 - 2028, USD Billion
TABLE 45 China Reverse Logistics Market, 2018 - 2021, USD Billion
TABLE 46 China Reverse Logistics Market, 2022 - 2028, USD Billion
TABLE 47 China Reverse Logistics Market by End User, 2018 - 2021, USD Billion
TABLE 48 China Reverse Logistics Market by End User, 2022 - 2028, USD Billion
TABLE 49 China Reverse Logistics Market by Return Type, 2018 - 2021, USD Billion
TABLE 50 China Reverse Logistics Market by Return Type, 2022 - 2028, USD Billion
TABLE 51 China Reverse Logistics Market by Service, 2018 - 2021, USD Billion
TABLE 52 China Reverse Logistics Market by Service, 2022 - 2028, USD Billion
TABLE 53 Japan Reverse Logistics Market, 2018 - 2021, USD Billion
TABLE 54 Japan Reverse Logistics Market, 2022 - 2028, USD Billion
TABLE 55 Japan Reverse Logistics Market by End User, 2018 - 2021, USD Billion
TABLE 56 Japan Reverse Logistics Market by End User, 2022 - 2028, USD Billion
TABLE 57 Japan Reverse Logistics Market by Return Type, 2018 - 2021, USD Billion
TABLE 58 Japan Reverse Logistics Market by Return Type, 2022 - 2028, USD Billion
TABLE 59 Japan Reverse Logistics Market by Service, 2018 - 2021, USD Billion
TABLE 60 Japan Reverse Logistics Market by Service, 2022 - 2028, USD Billion
TABLE 61 India Reverse Logistics Market, 2018 - 2021, USD Billion
TABLE 62 India Reverse Logistics Market, 2022 - 2028, USD Billion
TABLE 63 India Reverse Logistics Market by End User, 2018 - 2021, USD Billion
TABLE 64 India Reverse Logistics Market by End User, 2022 - 2028, USD Billion
TABLE 65 India Reverse Logistics Market by Return Type, 2018 - 2021, USD Billion
TABLE 66 India Reverse Logistics Market by Return Type, 2022 - 2028, USD Billion
TABLE 67 India Reverse Logistics Market by Service, 2018 - 2021, USD Billion
TABLE 68 India Reverse Logistics Market by Service, 2022 - 2028, USD Billion
TABLE 69 South Korea Reverse Logistics Market, 2018 - 2021, USD Billion
TABLE 70 South Korea Reverse Logistics Market, 2022 - 2028, USD Billion
TABLE 71 South Korea Reverse Logistics Market by End User, 2018 - 2021, USD Billion
TABLE 72 South Korea Reverse Logistics Market by End User, 2022 - 2028, USD Billion
TABLE 73 South Korea Reverse Logistics Market by Return Type, 2018 - 2021, USD Billion
TABLE 74 South Korea Reverse Logistics Market by Return Type, 2022 - 2028, USD Billion
TABLE 75 South Korea Reverse Logistics Market by Service, 2018 - 2021, USD Billion
TABLE 76 South Korea Reverse Logistics Market by Service, 2022 - 2028, USD Billion
TABLE 77 Singapore Reverse Logistics Market, 2018 - 2021, USD Billion
TABLE 78 Singapore Reverse Logistics Market, 2022 - 2028, USD Billion
TABLE 79 Singapore Reverse Logistics Market by End User, 2018 - 2021, USD Billion
TABLE 80 Singapore Reverse Logistics Market by End User, 2022 - 2028, USD Billion
TABLE 81 Singapore Reverse Logistics Market by Return Type, 2018 - 2021, USD Billion
TABLE 82 Singapore Reverse Logistics Market by Return Type, 2022 - 2028, USD Billion
TABLE 83 Singapore Reverse Logistics Market by Service, 2018 - 2021, USD Billion
TABLE 84 Singapore Reverse Logistics Market by Service, 2022 - 2028, USD Billion
TABLE 85 Malaysia Reverse Logistics Market, 2018 - 2021, USD Billion
TABLE 86 Malaysia Reverse Logistics Market, 2022 - 2028, USD Billion
TABLE 87 Malaysia Reverse Logistics Market by End User, 2018 - 2021, USD Billion
TABLE 88 Malaysia Reverse Logistics Market by End User, 2022 - 2028, USD Billion
TABLE 89 Malaysia Reverse Logistics Market by Return Type, 2018 - 2021, USD Billion
TABLE 90 Malaysia Reverse Logistics Market by Return Type, 2022 - 2028, USD Billion
TABLE 91 Malaysia Reverse Logistics Market by Service, 2018 - 2021, USD Billion
TABLE 92 Malaysia Reverse Logistics Market by Service, 2022 - 2028, USD Billion
TABLE 93 Rest of Asia Pacific Reverse Logistics Market, 2018 - 2021, USD Billion
TABLE 94 Rest of Asia Pacific Reverse Logistics Market, 2022 - 2028, USD Billion
TABLE 95 Rest of Asia Pacific Reverse Logistics Market by End User, 2018 - 2021, USD Billion
TABLE 96 Rest of Asia Pacific Reverse Logistics Market by End User, 2022 - 2028, USD Billion
TABLE 97 Rest of Asia Pacific Reverse Logistics Market by Return Type, 2018 - 2021, USD Billion
TABLE 98 Rest of Asia Pacific Reverse Logistics Market by Return Type, 2022 - 2028, USD Billion
TABLE 99 Rest of Asia Pacific Reverse Logistics Market by Service, 2018 - 2021, USD Billion
TABLE 100 Rest of Asia Pacific Reverse Logistics Market by Service, 2022 - 2028, USD Billion
TABLE 101 Key Information – Deutsche Bahn AG
TABLE 102 Key Information – United Parcel Service, Inc.
TABLE 103 Key Information – Core Logistic Private Limited
TABLE 104 Key Information – Kintetsu World Express, Inc.
TABLE 105 Key Information – FedEx Corporation
TABLE 106 Key Information – Deutsche Post DHL Group
TABLE 107 Key information – C.H. Robinson Worldwide, Inc.
TABLE 108 Key Information – Yusen Logistics Co., Ltd.
TABLE 109 Key Information – Safexpress Pvt. Ltd.
TABLE 110 Key Information – Reverse Logistics GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: FedEx Corporation