The North America Reverse Logistics Market would witness market growth of 11.2% CAGR during the forecast period (2022-2028).
Reverse logistics, which refers to supply chain management that transfers items from customers back to producers or sellers, is an important aspect of the circular economy. Recycling, refurbishing, re-marketing of restocked items, and raw material reclamation are all part of it. The sale and management of returned and surplus machines and equipment are also part of the reverse logistics process. Reverse logistics entails a number of procedures, including processing returns, dealing with returns, and sustaining return movement, repair, and recycling. It aids in the efficient flow of goods, the creation of value, the completion of the product life cycle, cost reduction, and risk reduction. In addition, reverse logistics improve customer satisfaction, brand image, sustainability, reducing waste, and faster and better service.
It is a process of moving commodities or items backward from the final destination, i.e. the point of end-user or end-consumer, to the site of origin or manufacture. It refers to any operations that may take place in connection with the re-use of materials or products that have been returned. Reverse logistics includes actions including product redesigning, re-manufacturing, refurbishing, and responsible disposal.
End-of-Life Vehicle (ELV) reverse logistics management is progressively concentrating on practical solutions for extracting extra value from products at the end of the lives. This is owing to the automotive industry is one of the fastest-growing, the amount of ELVs that must be gathered and recycled has continually increased as a result of stricter rules across this region.
The Environmental Protection Agency (EPA) has issued a memorandum that focuses on the agency's reverse distribution laws and reverse logistics strategy. These complicated mechanisms used by the retail industry to control the reverse flow of unsold retail items have raised difficulties regarding when disposal happens and when RCRA requirements apply to these unsold retail items. To resolve such difficulties in transportation and logistics channel, this memorandum has been created.
Many retailers have built websites and sometimes entire sections dedicated to processing online orders as the internet has grown pervasive. Many people are turning to e-commerce for convenience or to expand the product selection. Whatever the reason, retail e-commerce sales have soared, and the internet will surely continue to influence how people purchase, emphasizing the importance of good statistics to track this growing economic activity.
The US market dominated the North America Reverse Logistics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $371.3 Billion by 2028. The Canada market is experiencing a CAGR of 13.8% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 12.8% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Reverse Logistics Market is Estimated to reach $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
- US
- Canada
- Mexico
- Rest of North America
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 North America Reverse Logistics Market, by End User
1.4.2 North America Reverse Logistics Market, by Return Type
1.4.3 North America Reverse Logistics Market, by Service
1.4.4 North America 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. North America Reverse Logistics Market by End User
4.1 North America E-commerce Market by Country
4.2 North America Retail Market by Country
4.3 North America Pharmaceutical Market by Country
4.4 North America Automotive Market by Country
4.5 North America Consumer Electronics Market by Country
4.6 North America Others Market by Country
Chapter 5. North America Reverse Logistics Market by Return Type
5.1 North America Commercial & B2B Type Market by Country
5.2 North America Repairable Market by Country
5.3 North America Recalls Market by Country
5.4 North America End-of-use Returns Market by Country
5.5 North America End of life returns Market by Country
Chapter 6. North America Reverse Logistics Market by Service
6.1 North America Transportation Market by Country
6.2 North America Refund Management Authorization Market by Country
6.3 North America Replacement Management Market by Country
6.4 North America Reselling Market by Country
6.5 North America Warehousing Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Reverse Logistics Market by Country
7.1 US Reverse Logistics Market
7.1.1 US Reverse Logistics Market by End User
7.1.2 US Reverse Logistics Market by Return Type
7.1.3 US Reverse Logistics Market by Service
7.2 Canada Reverse Logistics Market
7.2.1 Canada Reverse Logistics Market by End User
7.2.2 Canada Reverse Logistics Market by Return Type
7.2.3 Canada Reverse Logistics Market by Service
7.3 Mexico Reverse Logistics Market
7.3.1 Mexico Reverse Logistics Market by End User
7.3.2 Mexico Reverse Logistics Market by Return Type
7.3.3 Mexico Reverse Logistics Market by Service
7.4 Rest of North America Reverse Logistics Market
7.4.1 Rest of North America Reverse Logistics Market by End User
7.4.2 Rest of North America Reverse Logistics Market by Return Type
7.4.3 Rest of North America 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 North America Reverse Logistics Market, 2018 - 2021, USD Billion
TABLE 2 North America Reverse Logistics Market, 2022 - 2028, USD Billion
TABLE 3 North America Reverse Logistics Market by End User, 2018 - 2021, USD Billion
TABLE 4 North America Reverse Logistics Market by End User, 2022 - 2028, USD Billion
TABLE 5 North America E-commerce Market by Country, 2018 - 2021, USD Billion
TABLE 6 North America E-commerce Market by Country, 2022 - 2028, USD Billion
TABLE 7 North America Retail Market by Country, 2018 - 2021, USD Billion
TABLE 8 North America Retail Market by Country, 2022 - 2028, USD Billion
TABLE 9 North America Pharmaceutical Market by Country, 2018 - 2021, USD Billion
TABLE 10 North America Pharmaceutical Market by Country, 2022 - 2028, USD Billion
TABLE 11 North America Automotive Market by Country, 2018 - 2021, USD Billion
TABLE 12 North America Automotive Market by Country, 2022 - 2028, USD Billion
TABLE 13 North America Consumer Electronics Market by Country, 2018 - 2021, USD Billion
TABLE 14 North America Consumer Electronics Market by Country, 2022 - 2028, USD Billion
TABLE 15 North America Others Market by Country, 2018 - 2021, USD Billion
TABLE 16 North America Others Market by Country, 2022 - 2028, USD Billion
TABLE 17 North America Reverse Logistics Market by Return Type, 2018 - 2021, USD Billion
TABLE 18 North America Reverse Logistics Market by Return Type, 2022 - 2028, USD Billion
TABLE 19 North America Commercial & B2B Type Market by Country, 2018 - 2021, USD Billion
TABLE 20 North America Commercial & B2B Type Market by Country, 2022 - 2028, USD Billion
TABLE 21 North America Repairable Market by Country, 2018 - 2021, USD Billion
TABLE 22 North America Repairable Market by Country, 2022 - 2028, USD Billion
TABLE 23 North America Recalls Market by Country, 2018 - 2021, USD Billion
TABLE 24 North America Recalls Market by Country, 2022 - 2028, USD Billion
TABLE 25 North America End-of-use Returns Market by Country, 2018 - 2021, USD Billion
TABLE 26 North America End-of-use Returns Market by Country, 2022 - 2028, USD Billion
TABLE 27 North America End of life returns Market by Country, 2018 - 2021, USD Billion
TABLE 28 North America End of life returns Market by Country, 2022 - 2028, USD Billion
TABLE 29 North America Reverse Logistics Market by Service, 2018 - 2021, USD Billion
TABLE 30 North America Reverse Logistics Market by Service, 2022 - 2028, USD Billion
TABLE 31 North America Transportation Market by Country, 2018 - 2021, USD Billion
TABLE 32 North America Transportation Market by Country, 2022 - 2028, USD Billion
TABLE 33 North America Refund Management Authorization Market by Country, 2018 - 2021, USD Billion
TABLE 34 North America Refund Management Authorization Market by Country, 2022 - 2028, USD Billion
TABLE 35 North America Replacement Management Market by Country, 2018 - 2021, USD Billion
TABLE 36 North America Replacement Management Market by Country, 2022 - 2028, USD Billion
TABLE 37 North America Reselling Market by Country, 2018 - 2021, USD Billion
TABLE 38 North America Reselling Market by Country, 2022 - 2028, USD Billion
TABLE 39 North America Warehousing Market by Country, 2018 - 2021, USD Billion
TABLE 40 North America Warehousing Market by Country, 2022 - 2028, USD Billion
TABLE 41 North America Others Market by Country, 2018 - 2021, USD Billion
TABLE 42 North America Others Market by Country, 2022 - 2028, USD Billion
TABLE 43 North America Reverse Logistics Market by Country, 2018 - 2021, USD Billion
TABLE 44 North America Reverse Logistics Market by Country, 2022 - 2028, USD Billion
TABLE 45 US Reverse Logistics Market, 2018 - 2021, USD Billion
TABLE 46 US Reverse Logistics Market, 2022 - 2028, USD Billion
TABLE 47 US Reverse Logistics Market by End User, 2018 - 2021, USD Billion
TABLE 48 US Reverse Logistics Market by End User, 2022 - 2028, USD Billion
TABLE 49 US Reverse Logistics Market by Return Type, 2018 - 2021, USD Billion
TABLE 50 US Reverse Logistics Market by Return Type, 2022 - 2028, USD Billion
TABLE 51 US Reverse Logistics Market by Service, 2018 - 2021, USD Billion
TABLE 52 US Reverse Logistics Market by Service, 2022 - 2028, USD Billion
TABLE 53 Canada Reverse Logistics Market, 2018 - 2021, USD Billion
TABLE 54 Canada Reverse Logistics Market, 2022 - 2028, USD Billion
TABLE 55 Canada Reverse Logistics Market by End User, 2018 - 2021, USD Billion
TABLE 56 Canada Reverse Logistics Market by End User, 2022 - 2028, USD Billion
TABLE 57 Canada Reverse Logistics Market by Return Type, 2018 - 2021, USD Billion
TABLE 58 Canada Reverse Logistics Market by Return Type, 2022 - 2028, USD Billion
TABLE 59 Canada Reverse Logistics Market by Service, 2018 - 2021, USD Billion
TABLE 60 Canada Reverse Logistics Market by Service, 2022 - 2028, USD Billion
TABLE 61 Mexico Reverse Logistics Market, 2018 - 2021, USD Billion
TABLE 62 Mexico Reverse Logistics Market, 2022 - 2028, USD Billion
TABLE 63 Mexico Reverse Logistics Market by End User, 2018 - 2021, USD Billion
TABLE 64 Mexico Reverse Logistics Market by End User, 2022 - 2028, USD Billion
TABLE 65 Mexico Reverse Logistics Market by Return Type, 2018 - 2021, USD Billion
TABLE 66 Mexico Reverse Logistics Market by Return Type, 2022 - 2028, USD Billion
TABLE 67 Mexico Reverse Logistics Market by Service, 2018 - 2021, USD Billion
TABLE 68 Mexico Reverse Logistics Market by Service, 2022 - 2028, USD Billion
TABLE 69 Rest of North America Reverse Logistics Market, 2018 - 2021, USD Billion
TABLE 70 Rest of North America Reverse Logistics Market, 2022 - 2028, USD Billion
TABLE 71 Rest of North America Reverse Logistics Market by End User, 2018 - 2021, USD Billion
TABLE 72 Rest of North America Reverse Logistics Market by End User, 2022 - 2028, USD Billion
TABLE 73 Rest of North America Reverse Logistics Market by Return Type, 2018 - 2021, USD Billion
TABLE 74 Rest of North America Reverse Logistics Market by Return Type, 2022 - 2028, USD Billion
TABLE 75 Rest of North America Reverse Logistics Market by Service, 2018 - 2021, USD Billion
TABLE 76 Rest of North America Reverse Logistics Market by Service, 2022 - 2028, USD Billion
TABLE 77 Key Information – Deutsche Bahn AG
TABLE 78 Key Information – United Parcel Service, Inc.
TABLE 79 Key Information – Core Logistic Private Limited
TABLE 80 Key Information – Kintetsu World Express, Inc.
TABLE 81 Key Information – FedEx Corporation
TABLE 82 Key Information – Deutsche Post DHL Group
TABLE 83 Key information – C.H. Robinson Worldwide, Inc.
TABLE 84 Key Information – Yusen Logistics Co., Ltd.
TABLE 85 Key Information – Safexpress Pvt. Ltd.
TABLE 86 Key Information – Reverse Logistics GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: FedEx Corporation