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The global e-commerce and e-fulfilment market is set to grow by 15.5% this year, according to the latest TI Insight report
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This, despite US President Donald Trump’s plan to abolish the de minimis rules and impose tariffs on imports
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Last year, the market was valued at $569 billion, double the value recorded in 2019 just before the pandemic hit
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The market has regained its sharp upward trajectory, showing double-digit growth rates in the past two years following the post-COVID contraction in 2022
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The sharp hike suggests renewed consumer confidence, likely driven by better economic conditions, advances in digital infrastructure, and the continued shift to online shopping, according to the report
The global e-commerce and e-fulfilment market is set to grow by 15.5% this year, according to the latest TI Insight report.
This, despite US President Donald Trump’s plan to abolish the de minimis rules and impose tariffs on imports.
Last year, the market was valued at $569 billion, double the value recorded in 2019 just before the pandemic hit.
The market has regained its sharp upward trajectory, showing double digit growth rates in the past two years following the post-COVID contraction in 2022.
“The continued growth in the e-commerce logistics and e-fulfilment sector highlights the ongoing expansion of e-commerce within global retail,” said TI senior editor Paul Chapman.
He added: “We are now witnessing a significant differentiation between providers of e-commerce logistics and e-fulfilment players across continents, as they adapt to the delivery requirements of retailers and customers.”
The sharp hike suggests renewed consumer confidence, likely driven by better economic conditions, advances in digital infrastructure, and the continued shift to online shopping, according to the TI Insight report.
The Asia Pacific region has grown at a slightly faster pace than North America or Europe. Asia Pacific grew at 11% since 2020 compared to 10% for North America and 8% for Europe.
M&A activity continues as larger groups seek to capitalize on e-commerce growth by acquiring smaller specialists.
The report highlights recent e-commerce logistics acquisition such as DHL acquiring Inmar Supply Chain Solutions and Brandpath Group; Stord acquiring Pitney Bowes fulfilment activities; GLS acquiring e-Log; and Bpost acquiring Staci
“Although President Trump’s policies on trade and tariffs have introduced significant uncertainty into the market, the sector shows no signs of being blown off course. Consumer habits have transformed, and this will power domestic and cross-border e-commerce and e-fulfilment needs for years to come,” said Chapman.
READ: Global logistics industry faces mixed prospects in 2025
