European Return Logistics Market Disrupted by Sharing Economy, IoT, and Big Data by 2020
With the growth of online retail in Europe, the return logistics market is seeing tremendous expansion and giving rise to a range of new participants offering innovative returns models. By 2020, the business for logistics companies focusing on product returns will double. This implies significant growth of nearly 13% over the next 5 years and provides strong incentives for innovative return logistics solutions and management software. This study of the European return logistics market offers a view of the million dollar market potential in reverse logistics and captures new models in handling returns, including profiles of interesting emerging companies in this space. The study period is 2014 to 2020 using a base year of 2015.
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