The US e-commerce logistics market is growing at an astonishing rate, with profits expected to exceed $118.8 billion in 2028

With the rapid development of e-commerce, more and more consumers are turning to online shopping, and the logistics industry has therefore ushered in rapid development.

According to the research results stated in the Zion Market Research report, the US e-commerce logistics industry earned approximately $72.6 billion during 2020. The e-commerce logistics market will continue to grow in the next few years and is expected to earn more than $ 118.8 billion by 2028 .

In addition, with the outbreak of the COVID-19 pandemic , more and more Americans have shifted their consumption trends from offline shopping to e-commerce platforms , which will accelerate the growth of the e-commerce market. Online sales of consumer goods such as shampoo, snacks, and beverages are also continuing to soar .

In the Zion Market Research report , we can see that before the outbreak of the new crown epidemic , only about 13% of households in the United States had purchased groceries online. Compared with online retail sales in 2019, online retail sales in 2020 increased by 93%.

In addition, a consumer sentiment analysis survey conducted by researchers showed that nearly 43% of consumers in the United States plan to maintain their online shopping habits even after the COVID-19 pandemic ends . As online shopping becomes more and more popular around the world, the e-commerce logistics market is expected to achieve leapfrog development in the near future .

The rapid growth of the e-commerce logistics market can be attributed to the increase in Internet penetration and the increase in global cross-border e-commerce activities caused by the COVID-19 pandemic . Zion Market Research also expects that the surge in online demand for healthcare products, groceries, consumer electronics and toys will be an important driving force for the development of e-commerce logistics in the coming years .

In addition, the large-scale presence of large e-commerce companies such as Amazon, Flipkart, Shopify, etc. will also make a significant contribution to the overall logistics market size . Especially in North America, the continued spread of the COVID-19 pandemic in the United States has forced consumers to buy more groceries and other durable consumer goods online , which has led to a large demand for e-commerce activities in the country, ultimately leading to a large-scale expansion of e-commerce business in the United States.

Logistics

E-commerce