Reverse Logistics Market to Grow at a Surprising CAGR of 5.3% by ... - Digital Journal

The reverse logistics market is expected to grow at a CAGR of 5.3% between 2022 and 2029, reaching USD 954,500.37 million, according to a report by Data Bridge Market Research. Rising cross-border trade, digitisation and growth in the e-commerce sector are driving the market’s growth, while high costs and insufficient labour resources to handle returns could act as restraints. The report features analysis of growth strategies, opportunities, key segments, Porter’s Five Forces analysis and the competitive landscape. Major players in the market include Kintetsu World Express, United Parcel Service and FedEx.

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