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E-commerce to grow to $300 bn by 2030, shipments by third-party logistics firms to 17 billion: Redseer report, ET Retail

The Indian e-commerce industry is predicted to grow five-fold to $300 billion by 2030, with third-party logistics providers expected to handle 17 billion shipments in the next seven years, according to a report by Redseer. As the third-party logistics sector expands, the cost per shipment is projected to decrease by 23% from Rs 60 in 2023 to Rs 47 by 2030. Meesho was identified as the largest contributor to e-commerce 3PL shipments in India, followed by Flipkart, Ajio, and Amazon. The report als...
E Commerce E Commerce Growth Redseer Report 3pl Shipments Logistics Firms Commerce Industry

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