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Reverse Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global reverse logistics market reached a value of US$ 563.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 812.6 Billion by 2027, exhibiting a CAGR of 5.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Reverse logistics is an integral part of circular economy referring to a supply chain management that transports goods from customers back to the manufacturers or sellers. It includes recycling, refurbishment, reselling of restocked items, and reclamation of raw materials. The process of reverse logistics also consists of the sale and management of returned and surplus machines and equipment. There are different steps involved in reverse logistics, which include processing the returns, dealing with returns, and maintaining the movement of returns, repair, and recycle. It helps to maintain an efficient flow of goods, create value, complete the product life cycle, reduce costs, and decrease risks. Reverse logistics also offers greater customer satisfaction, improved band image, enhanced sustainability, reduction of waste, and faster and better service.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Reverse Logistics Market Trends:

A rapid expansion in the ecommerce sector has led to the rise in the overall volume of returns and replacement items, which has escalated the demand for an efficient reverse logistics service. This is primarily driving the global reverse logistics market growth. Other than ecommerce, these systems play an important part in the pharmaceuticals, electrical, and automotive industries, which is further fueling the market growth. Besides this, rapid industrialization and increasing development of manufacturing industries across emerging economies, such as Asia Pacific and South America, are contributing to the growth of the market. Moreover, leading players are consistently investing in the improvement of supply chain management processes, which is creating a positive outlook for the market across the globe. The rise in the adoption of internet of things (IoT)-enabled connected devices is acting as another major growth-inducing factor.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global reverse logistics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on return type, service and end user.

Breakup by Return Type:

  • Recalls
  • Commercial Returns
  • Repairable Returns
  • End-of-Use Returns
  • End of life Returns
     

Breakup by Service:

 

 
 

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  • Transportation
  • Warehousing
  • Reselling
  • Replacement Management
  • Refund Management Authorization
  • Others
     

Breakup by End User:

  • E-Commerce
  • Automotive
  • Pharmaceutical
  • Consumer Electronic
  • Retail
  • Luxury Goods
  • Reusable Packaging
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being C.H. Robinson Worldwide Inc., Core Logistic Private Limited, Deutsche Post AG, Fedex Corporation, Happy Returns Inc. (PayPal Holdings Inc.), Kintetsu World Express Inc. (Kintetsu Group Holdings), Optoro Inc., Pitney Bowes Inc., Reverse Logistics Group, Safexpress Pvt Ltd, United Parcel Service Inc. and Yusen Logistics Co. Ltd. (Nippon Ysen Kabushiki Kaisha).

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Return Type, Service, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered C.H. Robinson Worldwide Inc., Core Logistic Private Limited, Deutsche Post AG, Fedex Corporation, Happy Returns Inc. (PayPal Holdings Inc.), Kintetsu World Express Inc. (Kintetsu Group Holdings), Optoro Inc., Pitney Bowes Inc., Reverse Logistics Group, Safexpress Pvt Ltd, United Parcel Service Inc. and Yusen Logistics Co. Ltd. (Nippon Y?sen Kabushiki Kaisha).
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Reverse Logistics Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Return Type
    6.1    Recalls
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Commercial Returns
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Repairable Returns
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    End-of-Use Returns
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    End of life Returns
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Service
    7.1    Transportation
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Warehousing
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Reselling
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Replacement Management
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Refund Management Authorization
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by End User
    8.1    E-Commerce
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Automotive
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Pharmaceutical
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Consumer Electronic
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Retail
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Luxury Goods
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Reusable Packaging
        8.7.1 Market Trends
        8.7.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    C.H. Robinson Worldwide Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Core Logistic Private Limited
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Deutsche Post AG
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Fedex Corporation
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Happy Returns Inc. (PayPal Holdings Inc.)
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Kintetsu World Express Inc. (Kintetsu Group Holdings)
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
        14.3.7    Optoro Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Pitney Bowes Inc.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Reverse Logistics Group
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Safexpress Pvt Ltd
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    United Parcel Service Inc.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    Yusen Logistics Co. Ltd. (Nippon Y?sen Kabushiki Kaisha)
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Reverse Logistics Market: Major Drivers and Challenges
Figure 2: Global: Reverse Logistics Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Reverse Logistics Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Reverse Logistics Market: Breakup by Return Type (in %), 2021
Figure 5: Global: Reverse Logistics Market: Breakup by Service (in %), 2021
Figure 6: Global: Reverse Logistics Market: Breakup by End User (in %), 2021
Figure 7: Global: Reverse Logistics Market: Breakup by Region (in %), 2021
Figure 8: Global: Reverse Logistics (Recalls) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Reverse Logistics (Recalls) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Reverse Logistics (Commercial Returns) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Reverse Logistics (Commercial Returns) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Reverse Logistics (Repairable Returns) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Reverse Logistics (Repairable Returns) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Reverse Logistics (End-of-Use Returns) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Reverse Logistics (End-of-Use Returns) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Reverse Logistics (End of life Returns) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Reverse Logistics (End of life Returns) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Reverse Logistics (Transportation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Reverse Logistics (Transportation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Reverse Logistics (Warehousing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Reverse Logistics (Warehousing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Reverse Logistics (Reselling) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Reverse Logistics (Reselling) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Reverse Logistics (Replacement Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Reverse Logistics (Replacement Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Reverse Logistics (Refund Management Authorization) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Reverse Logistics (Refund Management Authorization) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Reverse Logistics (Other Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Reverse Logistics (Other Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Reverse Logistics (E-Commerce) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Reverse Logistics (E-Commerce) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Reverse Logistics (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Reverse Logistics (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Reverse Logistics (Pharmaceutical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Reverse Logistics (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Reverse Logistics (Consumer Electronic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Reverse Logistics (Consumer Electronic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Reverse Logistics (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Reverse Logistics (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Reverse Logistics (Luxury Goods) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Reverse Logistics (Luxury Goods) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Reverse Logistics (Reusable Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Reverse Logistics (Reusable Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: North America: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: North America: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: United States: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: United States: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Canada: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Canada: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Asia-Pacific: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Asia-Pacific: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: China: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: China: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Japan: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Japan: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: India: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: India: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: South Korea: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: South Korea: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Australia: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Australia: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Indonesia: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Indonesia: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Europe: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Europe: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Germany: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Germany: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: France: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: France: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: United Kingdom: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: United Kingdom: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Italy: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Italy: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Spain: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Spain: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Russia: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Russia: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Latin America: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Latin America: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Brazil: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Brazil: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Mexico: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Mexico: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Others: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Others: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Middle East and Africa: Reverse Logistics Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Middle East and Africa: Reverse Logistics Market: Breakup by Country (in %), 2021
Figure 92: Middle East and Africa: Reverse Logistics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Global: Reverse Logistics Industry: SWOT Analysis
Figure 94: Global: Reverse Logistics Industry: Value Chain Analysis
Figure 95: Global: Reverse Logistics Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Reverse Logistics Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Reverse Logistics Market Forecast: Breakup by Return Type (in Million US$), 2022-2027
Table 3: Global: Reverse Logistics Market Forecast: Breakup by Service (in Million US$), 2022-2027
Table 4: Global: Reverse Logistics Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Reverse Logistics Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Reverse Logistics Market: Competitive Structure
Table 7: Global: Reverse Logistics Market: Key Players


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Key Questions Answered in This Report

The global reverse logistics market was valued at US$ 563.2 Billion in 2021.

We expect the global reverse logistics market to exhibit a CAGR of 5.80% during 2022-2027.

The growing volume of returns and replacement items in the e-commerce sector, along with the rising
demand for reverse logistics, to provide greater customer satisfaction, improved brand image, faster
and better services, etc., is primarily catalyzing the global reverse logistics market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in the temporary disruption in reverse logistics process,
owing to numerous transportation restrictions.

Based on the return type, the global reverse logistics market has been segmented into recalls,
commercial returns, repairable returns, end-of-use returns, and end of life returns. Currently,
commercial returns exhibit a clear dominance in the market.

Based on the end user, the global reverse logistics market can be divided into e-commerce, automotive,
pharmaceutical, consumer electronic, retail, luxury goods, and reusable packaging. Among these, the e-
commerce sector currently accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global reverse logistics market include C.H. Robinson Worldwide Inc.,
Core Logistic Private Limited, Deutsche Post AG, Fedex Corporation, Happy Returns Inc. (PayPal Holdings
Inc.), Kintetsu World Express Inc. (Kintetsu Group Holdings), Optoro Inc., Pitney Bowes Inc., Reverse
Logistics Group, Safexpress Pvt Ltd, United Parcel Service Inc., and Yusen Logistics Co. Ltd. (Nippon
Yusen Kabushiki Kaisha).

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