Market Size of China Ecommerce Logistics Industry
| Study Period | 2020-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 16.20 Billion |
| Market Size (2029) | USD 27.70 Billion |
| CAGR (2024 - 2029) | 9.29 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Ecommerce Logistics Market Analysis
The China Ecommerce Logistics Market size is estimated at USD 16.20 billion in 2024, and is expected to reach USD 27.70 billion by 2029, growing at a CAGR of 9.29% during the forecast period (2024-2029).
- China's e-commerce logistics Index increased in December 2023 by 4.2 points, year on year, as the activity of the sector continued to grow, according to industry data.
- The e-commerce logistic index in December 2023 was 112.4, which was 0.7 points lower than in November 2023. The decline in the Index was attributed to a decrease in demand, as the sales promotions of large e-commerce platforms were heavily focused on the large annual shopping festival of November.
- The demand for e-commerce logistics continued to be high in December, particularly for winter clothing and ice and snow tourism equipment. The Chinese e-commerce logistics industry is expected to remain strong in January 2024, supported by holiday consumption and the acceleration of the ice and snow economy.
- As of August of 2023, One-third of the world’s e-commerce market is in China, according to payment value.
- In the past five years, e-commerce in China has seen rapid growth due to smartphone penetration, internet penetration, online shopping, and alternative payment solutions like Alipay and WeChat Pay.
- E-commerce activity in rural areas is also contributing to the market’s growth. In the first half of 2023, the Chinese Ministry of Commerce reported that rural online retail sales grew 12.5 percent compared to the first half of 2022.
