UK e-commerce logistics market is estimated to grow significantly at a CAGR of around 9.6% during the forecast period. There exists a high penetration of the internet in the country; almost 95% of the country’s population uses the internet on a daily basis. Moreover, in 2018, UK ranked 7th out of 86 countries in the global inclusive internet index which depicts the easy affordability, availability, and relevance for internet users in the country. In the same year, the country ranked 8th in the logistics performance index which signifies the dominance of the logistics industry in the country providing a wide scope for the e-commerce logistics market. As per Eurostat 2018, over 81% of the total shoppers were e-shoppers in UK. Easy access to the internet, increasing online shopping trends and growing e-commerce logistics industry are some of the key contributors to the growth of the e-commerce logistics market in UK.
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A cooperative e-commerce environment in the country aids in the development of the e-commerce logistics market in the country. As in September 2018, Amazon had launched its latest e-commerce endeavors; Amazon Storefronts, which is a new store for the customer to shop from small and medium-sized businesses that sell on Amazon and learn more about them through videos and stories. In the same month, HubBox, which runs a network of shops that operate as parcel collection points across UK, added 2,000 extra click-&-collect locations on top of its 4,500 current collect points in UK. In 2018, over 27.4% of all the consumers had signed up to subscription box services, with over half of people aged 25-34 years have signed up to at least one.
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UK E-Commerce Logistics -Market Segmentation
• Transportation Services
• Warehousing Services
• Other E-Commerce Logistics Services (Processing and Packaging)
• Baby Products
• Personal Care Products
• Home Furnishing Products
• Apparel Products
• Electronics Products
• Automotive Products
• Others (Grocery, Pharmaceuticals and Nutritional Products)
• 3P Logistics Ltd.
• DHL International GmbH
• iForce Group Ltd.
• MCI Logistics Ltd.
• Parcelhub Ltd.
• Quiet Logistics
• Spatial Global Ltd.
• United Parcel Service, Inc.
• Weengs Ltd.
• Yusen Logistics Group
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