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Logistics services related to electronic commerce grow by 8.8%

The provision of logistics services related to e-commerce operations generated 3,100 million euros in 2022, 8.8% more than in the previous year.

According to data from the DBK Sectoral Observatory of Informa, a subsidiary of Cesce, online shopping did not experience the expected growth in the final stretch of last year. The macroeconomic situation, inflation and uncertainty have slowed down consumer demand and, consequently, the growth of online purchases in the last months of 2022.

Throughout the year, 24 million shoppers made purchases online, 2.5% more than in 2021, which means that 55% of Spaniards bought online last year.

This constant growth of electronic commerce is also boosting the business of logistics sector, at least in the part of services related to ecommerce. In this sense, the provision of storage, transport and distribution services linked to electronic commerce operations generated a turnover of 3,100 million euros in 2022.

This represents a growth of 8.8% compared to the previous year. However, this is a lower percentage than in the two previous years when, due to the effects of the pandemic, these services experienced growth of 28.9% in 2020 and 16.3% in 2021.

The growth in demand for logistics services has attracted new operators to the sector

This significant increase in demand for these logistics services in recent years has attracted new operators to the sector, especially companies specialized in last mile services. However, despite the entry of these new operators, the main logistics groups continue to have a great weight in the sector.

Only the first five companies in the logistics sector accounted for 46% of the market share in 2022. A percentage that, when it comes to the top ten companies, rose to 60%.

Evolution of logistics services

The DBK Sectoral Observatory also points out the important evolution that these last-mile delivery services are experiencing. This has also led to the growing implementation of networks of collection points, smart ticket offices and urban hubs to alleviate the problems and costs involved in driving in large cities.

The bet for sustainable mobility and the contribution to environmental respect is also fostering the development of strategies that help this purpose while facilitating deliveries to users.

The forecast is that the logistics market for electronic commerce will grow by 6% per year in 2023 and 2024

The Observatory’s forecasts suggest that the volume of business in the sector will continue this trend towards a slowdown in its growth rate during 2023 and 2024 given the situation that economic activity is going through.

With this framework, the forecasts it manages indicate that the logistics market for electronic commerce will experience growth of around 6% per year in these two years.

initial image | RoseBox

Related Topics:commerce electronic grow Logistics related services

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