Market Reports on India presents the latest report on “India E-commerce Logistics Market”. http://www.marketreportsonindia.com/industry-mfg-market-research-reports-13864/india-e-commerce-logistics.html Increasing internet and mobile penetration, growing acceptability of online payments and favourable demographics has provided the e-commerce sector in India the unique opportunity to companies connect with their customers.
17th June 2016 – Navi Mumbai, India: Market reports on India presents the latest report on “India E-commerce Logistics Market”. This report provide the customer base for e-Tailers wasn’t just restricted to the Metros.
Indian e-Commerce market has seen a rapid growth in past few years. More than 70% of the e-Commerce market is travel related. The e-Tailing market has grown from $0.64 Billion in 2013 to $4.6 Billion in 2015 growing at a CAGR of 63%.The remaining comprises e-Tailing (online retailing), online financing and classifieds. Increasing internet and mobile penetration, growing acceptability of online payments and favourable demographics has provided the e-commerce sector in India the unique opportunity to companies connect with their customers. There would be over a five to seven fold increase in revenue generated through e-commerce as compared to last year with all branded apparel, accessories, jewellery, gifts, footwear are available at a cheaper rates and delivered at the doorstep. Out of 8 e-Commerce unicorns from India, 3 are e-Tailers (Flipkart, Snapdeal, Shopclues).
The unprecedented rise in the e-Tailing market led to rise in demand of e-Commerce Logistics. According to ‘Indian e-Commerce Logistics Market Outlook 2021’, the customer base for e-Tailers wasn’t just restricted to the Metros. Almost half of the orders were from Tier 2 and Tier 3 cities. Generally all the Logistics Service Providers have a great reach and give timely deliveries in metros but, with this expanding customer base, timely delivery to such regions...