1. Australia E-commerce Logistics Market is expected to generate USD ~ 10 Bn by 2026F owning to rising demand of door step delivery, increasing digitisation, reducing cost of packaging along with favorable government initiatives.
2. Singapore E-Commerce Logistics Market revenue is expected to generate USD ~2 Bn by 2026F largely due to high internet penetration & emergence of new players.
SINGAPORE E-COMMERCE LOGISTICS MARKET
1. Singapore E-Commerce Logistics Market is in the growing stage, being driven by high internet penetration, emergence of new players, improved logistics infrastructure and government initiatives. There are several players in the Singapore E-commerce logistics market some of which are Singapore Post, Aramex, DHL, Ninjavan, Qxpress etc.
2. The E-Commerce industry is expected to grow: The growth of e-commerce logistics companies will highly depend on their last-mile delivery model. Aided by local merchant partnerships and growth in digital wallet penetration, the ease of placing orders is expected to rise. Also, with the upgradation in technology such as GPS Monitored Robots, Drones, Driverless Delivery, Inbuilt RFID, GPS, IoT, and telematics that will be used for tracking Inventory, Singapore E-Commerce logistics is expected to grow in near future.
3. Expansion of logistics infrastructure: In the coming years, the Average Order Value per transaction in the Singapore E-commerce market will increase owing to increased device penetration. Technological Advancements are expected to improve and enhance supply chain transparency and security leading to improved cost efficiency. In addition to this, the expansion of logistics infrastructures such as intermodal connectivity, logistics parks, and ports will be used to create business opportunities in the coming years.
4. Technological developments and Rising demand for Automated logistics: AI will amplify the human components of the e-commerce delivery process in the country, predictive logistics can be enhanced by proactive operations with predictive intelligence, and implementation of robotic or semi-robotic technologies that enhance the work of human pickers and even reduces walking time and shortens picking routes will help the Singapore E-Commerce to enhance its productivity for the future revenue generation.
5. The increasing internet penetration in Singapore and technological advancements, the improving logistics system in Singapore, and increased local penetration are expected to contribute to the market growth over the forecast period. The Singapore E-Commerce Market is expected to grow at ~14% CAGR over the forecasted period 2021-2026F owing to the rise in high Consumer appetite and heavy investment in technological advancement in the country.
AUSTRALIA E-COMMERCE LOGISTICS MARKET
1. Rising Demand of Door-to-door Parcel Pickup & Delivery Services: In door-to-door parcel pickup-up & delivery, the logistic provider is involved in every stage of delivery, from packaging, sorting, custom clearance, handling until final delivery point. Service providers offer the option of same day, overnight delivery, domestic or International, documentation, safe transfers, etc. Sendel is a key service provider, while other emerging players are forming partnerships to maximize their reach. Zoom2U formed agreement with Greyhound Australia to utilize Greyhound buses to move parcels across Sydney, Melbourne, Brisbane and Adelaide.
2. Trucking Services through Online Marketplace: Numerous online truck aggregating service providers, such as Ofload, Shippit, FreightExchange, Loadshift, among others are bridging gap between truck owners and load generators (end-users). Users can book full truck load, on-demand services, refrigerated freight, palletization, shipment tracking, and many more.
3. Government Initiatives: Australian government is expected to bring regulatory framework for cryptocurrency (Bitcoins), digital wallets (Google pay, Apple pay), and buy now, pay later (BNPL) providers (Afterpay). It would bring standardization in digital payments methods, after which more businesses would utilize the services. In 2022, talks with the Indian government to sign Comprehensive Economic Cooperation Agreement (CE¬PA), comprising digital trade and foster bilateral trade b/w Australia & India. This would accelerate demand for goods & thereby require sophisticated logistics support.
4. Australia E-commerce Logistic Market is in the Growing Phase as the Rising demand for Door Step Delivery, Increase in Digitisation, reducing cost of packaging and Government Initiatives, these are expected to contribute to the market growth over the forecast period. The Australia E-commerce Logistics Market is expected to see high growth rate over the forecasted period 2022-2026F.
Source:
https://finance.yahoo.com/news/australia-e-commerce-logistics-market-094200757.html
https://finance.yahoo.com/news/singapore-e-commerce-logistics-market-095400000.html
