Short Description
Asia-Pacific Reverse Logistics Market, By Return Type (Returns, Returns Avoidance, Remanufacturing, Refurbishing, Packaging, Unsold Goods, End-Of-Life, Delivery Failure, Rentals & Leasing, Repairs & Maintenance, and Others), Components (Return Policy and Procedure (RPP), Remanufacturing Or Refurbishment (ROR), and Waste Disposal (WAD)), Service Type (Transportation, Warehousing, Reselling, Replacement Management, Refund Management Authorization, and Others), End-User (Textile and Garments, Automotive, Consumer Electronics, E-Commerce, Retail, Luxury Goods, Pharmaceutical, Reusable Packaging, and Others), Country (China, Japan, South Korea, Australia, Malaysia, Singapore, India, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific), Industry Trends and Forecast to 2029
Market Definition
Reverse logistics is a type of supply chain management that various organizations follow in order to move goods/products from customers back to the sellers/manufacturers in an organized and safe manner. Once a customer receives a product, the processes in which the customer wishes to return or recycle the product comes under reverse logistics. Reverse logistics start at the end of the consumer, moving backward through the supply chain of the distribution management to the distributor and from the distributor to the product's manufacturer. Reverse logistics can also include processes where it is responsible for the final disposal of the product, including recycling or resale of the product. Fundamentals steps involved in reverse logistics management process the return, deal with returns, keep returns moving, repair, and recycle.
Market Segmentation
On the basis of the return type, the Asia-Pacific reverse logistics market is segmented into returns, returns avoidance, remanufacturing, refurbishing, packaging, unsold goods, end-of-life, delivery failure, rentals & leasing, repairs & maintenance, and others
On the basis of components, the Asia-Pacific reverse logistics market is segmented into return policy and procedure (RPP), remanufacturing or refurbishment (ROR), and waste disposal (WAD)
On the basis of service type, the Asia-Pacific reverse logistics market is segmented into transportation, warehousing, reselling, replacement management, refund management authorization, and others
On the basis of end-user, the Asia-Pacific reverse logistics market is segmented into textile and garments, e-commerce, automotive, pharmaceutical, consumer electronics, retail, luxury goods, reusable packaging, and others
Market Players
Some of the major players operating in the Asia-Pacific reverse logistics market are:
United Parcel Service of America, Inc.
Deutsche Post DHL Group
FedEx
Kintetsu World Express, Inc.
C.H. Robinson Worldwide, Inc.
Core Logistic Private Limited
DGS Translogistics India Pvt. Ltd.
IBM Corporation
Indev Group of companies
LogiNext Solutions Inc
Reverse Logistics Group
ReverseLogix
Safexpress Pvt. Ltd.
Schenker AG
XPO Logistics, Inc
YUSEN LOGISTICS CO., LTD.
TABLE OF CONTENTS
1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 33
1.3 OVERVIEW OF ASIA PACIFIC REVERSE LOGISTICS MARKET 33
1.4 CURRENCY AND PRICING 35
1.5 LIMITATIONS 35
1.6 MARKETS COVERED 35
2 MARKET SEGMENTATION 40
2.1 MARKETS COVERED 40
2.2 GEOGRAPHICAL SCOPE 41
2.3 YEARS CONSIDERED FOR THE STUDY 42
2.4 DBMR TRIPOD DATA VALIDATION MODEL 43
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 46
2.6 DBMR MARKET POSITION GRID 47
2.7 VENDOR SHARE ANALYSIS 48
2.8 MULTIVARIATE MODELING 49
2.9 RETURN TYPE TIMELINE CURVE 49
2.10 MARKET APPLICATION COVERAGE GRID 50
2.11 MARKET CHALLENGE MATRIX 50
2.12 SECONDARY SOURCES 52
2.13 ASSUMPTIONS 52
3 EXECUTIVE SUMMARY 53
4 PREMIUM INSIGHTS 55
5 MARKET OVERVIEW 57
5.1 DRIVERS 59
5.1.1 RAPID GROWTH IN THE E-COMMERCE SECTOR 59
5.1.2 RECYCLING AND SUSTAINABILITY DRIVING INNOVATION IN REVERSE LOGISTICS CHAINS 60
5.1.3 RISING GROWTH IN CROSS BORDER TRADES AND ASIA PACIFICIZATION 61
5.1.4 SURGE IN NUMBER OF MANUFACTURING FACILITIES LEADING TO NEED FOR REVERSE LOGISTICS 62
5.2 RESTRAINTS 63
5.2.1 HIGH COST ASSOCIATED WITH REVERSE LOGISTICS 63
5.2.2 CONCERNS RELATED TO INVENTORY MANAGEMENT IN REVERSE LOGISTICS 64
5.3 OPPORTUNITIES 65
5.3.1 INCLINATION TOWARDS DIGITIZATION OF THE SECTOR 65
5.3.2 GROWING DEMAND FOR REVERSE LOGISTICS IN THE AUTOMOTIVE SECTOR 65
5.3.3 ADOPTION OF CLOUD-BASED REVERSE LOGISTICS SOLUTIONS 66
5.3.4 STRATEGIC SERVICE LAUNCH, PARTNERSHIP, ACQUISITIONS, AND MERGERS BY REVERSE LOGISTICS COMPANIES 66
5.4 CHALLENGES 67
5.4.1 INADEQUATE LABOR RESOURCES TO HANDLE RETURN 67
5.4.2 FREQUENT DELAYS IN DELIVERY OF RETURN PRODUCTS DUE TO VARIOUS TECHNICAL FACTORS 68
6 IMPACT OF COVID-19 ON ASIA PACIFIC REVERSE LOGISTICS MARKET 69
6.1 ANALYSIS ON IMPACT OF COVID-19 ON REVERSE LOGISTICS MARKET 69
6.2 AFTERMATH OF COVID-19 AND GOVERNMENT INITIATIVE TO BOOST THE MARKET 69
6.3 STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE 69
6.4 IMPACT ON PRICE 70
6.5 IMPACT ON DEMAND AND SUPPLY CHAIN 70
6.6 CONCLUSION 71
7 ASIA PACIFIC REVERSE LOGISTICS MARKET, BY RETURN TYPE 72
7.1 OVERVIEW 73
7.2 RETURNS 74
7.3 END-OF-LIFE 75
7.4 REMANUFACTURING 75
7.5 REFURBISHING 76
7.6 UNSOLD GOODS 76
7.7 RENTALS & LEASING 77
7.8 REPAIRS & MAINTENANCE 78
7.9 DELIVERY FAILURE 78
7.10 RETURNS AVOIDANCE 79
7.11 PACKAGING 79
7.12 OTHERS 80
8 ASIA PACIFIC REVERSE LOGISTICS MARKET, BY COMPONENTS 81
8.1 OVERVIEW 82
8.2 RETURN POLICY AND PROCEDURE (RPP) 83
8.3 REMANUFACTURING OR REFURBISHMENT (ROR) 83
8.4 WASTE DISPOSAL (WAD) 84
9 ASIA PACIFIC REVERSE LOGISTICS MARKET, BY SERVICE TYPE 85
9.1 OVERVIEW 86
9.2 TRANSPORTATION 87
9.3 WAREHOUSING 87
9.4 REPLACEMENT MANAGEMENT 88
9.5 RESELLING 89
9.6 REFUND MANAGEMENT AUTHORIZATION 89
9.7 OTHERS 90
10 ASIA PACIFIC REVERSE LOGISTICS MARKET, BY END USER 91
10.1 OVERVIEW 92
10.2 E-COMMERCE 93
10.2.1 RETURN POLICY AND PROCEDURE (RPP) 94
10.2.2 REMANUFACTURING OR REFURBISHMENT (ROR) 94
10.2.3 WASTE DISPOSAL (WAD) 94
10.3 RETAIL 94
10.3.1 RETURN POLICY AND PROCEDURE (RPP) 95
10.3.2 REMANUFACTURING OR REFURBISHMENT (ROR) 95
10.3.3 WASTE DISPOSAL (WAD) 95
10.4 AUTOMOTIVE 95
10.4.1 RETURN POLICY AND PROCEDURE (RPP) 96
10.4.2 REMANUFACTURING OR REFURBISHMENT (ROR) 96
10.4.3 WASTE DISPOSAL (WAD) 97
10.5 CONSUMER ELECTRONIC 97
10.5.1 RETURN POLICY AND PROCEDURE (RPP) 98
10.5.2 REMANUFACTURING OR REFURBISHMENT (ROR) 98
10.5.3 WASTE DISPOSAL (WAD) 98
10.6 PHARMACEUTICAL 98
10.6.1 RETURN POLICY AND PROCEDURE (RPP) 99
10.6.2 REMANUFACTURING OR REFURBISHMENT (ROR) 99
10.6.3 WASTE DISPOSAL (WAD) 99
10.7 TEXTILE AND GARMENTS 100
10.7.1 RETURN POLICY AND PROCEDURE (RPP) 100
10.7.2 REMANUFACTURING OR REFURBISHMENT (ROR) 101
10.7.3 WASTE DISPOSAL (WAD) 101
10.8 REUSABLE PACKAGING 101
10.8.1 RETURN POLICY AND PROCEDURE (RPP) 102
10.8.2 REMANUFACTURING OR REFURBISHMENT (ROR) 102
10.8.3 WASTE DISPOSAL (WAD) 102
10.9 LUXURY GOODS 102
10.9.1 RETURN POLICY AND PROCEDURE (RPP) 103
10.9.2 REMANUFACTURING OR REFURBISHMENT (ROR) 103
10.9.3 WASTE DISPOSAL (WAD) 103
10.10 OTHERS 104
11 ASIA PACIFIC REVERSE LOGISTICS MARKET, BY REGION 105
11.1 ASIA-PACIFIC 106
11.1.1 CHINA 116
11.1.2 JAPAN 121
11.1.3 INDIA 126
11.1.4 SOUTH KOREA 130
11.1.5 AUSTRALIA 135
11.1.6 SINGAPORE 140
11.1.7 THAILAND 145
11.1.8 MALAYSIA 150
11.1.9 INDONESIA 155
11.1.10 PHILIPPINES 160
11.1.11 REST OF ASIA-PACIFIC 165
12 ASIA PACIFIC REVERSE LOGISTICS MARKET: COMPANY LANDSCAPE 166
12.1 COMPANY SHARE ANALYSIS: ASIA PACIFIC 166
13 SWOT 167
14 COMPANY PROFILE 168
14.1 FEDEX 168
14.1.1 COMPANY SNAPSHOT 168
14.1.2 REVENUE ANALYSIS 168
14.1.3 COMPANY SHARE ANALYSIS 169
14.1.4 SERVICES PORTFOLIO 169
14.1.5 RECENT DEVELOPMENTS 169
14.2 UNITED PARCEL SERVICE OF AMERICA, INC. 171
14.2.1 COMPANY SNAPSHOT 171
14.2.2 REVENUE ANALYSIS 171
14.2.3 COMPANY SHARE ANALYSIS 172
14.2.4 SOLUTION PORTFOLIO 172
14.2.5 RECENT DEVELOPMENTS 172
14.3 DEUTSCHE POST DHL GROUP 174
14.3.1 COMPANY SNAPSHOT 174
14.3.2 REVENUE ANALYSIS 174
14.3.3 COMPANY SHARE ANALYSIS 175
14.3.4 SERVICES PORTFOLIO 175
14.3.5 RECENT DEVELOPMENTS 176
14.4 C.H. ROBINSON WORLDWIDE, INC. 177
14.4.1 COMPANY SNAPSHOT 177
14.4.2 REVENUE ANALYSIS 177
14.4.3 COMPANY SHARE ANALYSIS 178
14.4.4 SERVICES PORTFOLIO 178
14.4.5 RECENT DEVELOPMENTS 178
14.5 XPO LOGISTICS, INC 180
14.5.1 COMPANY SNAPSHOT 180
14.5.2 REVENUE ANALYSIS 180
14.5.3 COMPANY SHARE ANALYSIS 181
14.5.4 SERVICE PORTFOLIO 181
14.5.5 RECENT DEVELOPMENTS 181
14.6 KINTETSU WORLD EXPRESS, INC. 183
14.6.1 COMPANY SNAPSHOT 183
14.6.2 REVENUE ANALYSIS 183
14.6.3 SERVICES PORTFOLIO 184
14.6.4 RECENT DEVELOPMENTS 184
14.7 CORE LOGISTIC PRIVATE LIMITED 185
14.7.1 COMPANY SNAPSHOT 185
14.7.2 SERVICES PORTFOLIO 185
14.7.3 RECENT DEVELOPMENTS 185
14.8 DGS TRANSLOGISTICS INDIA PVT. LTD. 186
14.8.1 COMPANY SNAPSHOT 186
14.8.2 SERVICES PORTFOLIO 186
14.8.3 RECENT DEVELOPMENT 186
14.9 IBM CORPORATION 187
14.9.1 COMPANY SNAPSHOT 187
14.9.2 REVENUE ANALYSIS 187
14.9.3 SOLUTION PORTFOLIO 188
14.9.4 RECENT DEVELOPMENTS 188
14.10 INDEV GROUP OF COMPANIES 189
14.10.1 COMPANY SNAPSHOT 189
14.10.2 SERVICES PORTFOLIO 189
14.10.3 RECENT DEVELOPMENTS 189
14.11 LOGINEXT SOLUTIONS INC 190
14.11.1 COMPANY SNAPSHOT 190
14.11.2 SERVICES PORTFOLIO 190
14.11.3 RECENT DEVELOPMENTS 190
14.12 NFI INDUSTRIES 191
14.12.1 COMPANY SNAPSHOT 191
14.12.2 SERVICES PORTFOLIO 191
14.12.3 RECENT DEVELOPMENTS 191
14.13 OPTORO, INC. 192
14.13.1 COMPANY SNAPSHOT 192
14.13.2 SOLUTION PORTFOLIO 192
14.13.3 RECENT DEVELOPMENTS 193
14.14 REVERSE LOGISTICS GROUP 194
14.14.1 COMPANY SNAPSHOT 194
14.14.2 SOLUTION PORTFOLIO 194
14.14.3 RECENT DEVELOPMENTS 194
14.15 REVERSELOGIX 195
14.15.1 COMPANY SNAPSHOT 195
14.15.2 SERVICES PORTFOLIO 195
14.15.3 RECENT DEVELOPMENTS 195
14.16 SAFEXPRESS PVT. LTD. 196
14.16.1 COMPANY SNAPSHOT 196
14.16.2 SERVICES PORTFOLIO 196
14.16.3 RECENT DEVELOPMENTS 196
14.17 SCHENKER AG 197
14.17.1 COMPANY SNAPSHOT 197
14.17.2 PRODUCTS PORTFOLIO 197
14.17.3 RECENT DEVELOPMENTS 198
14.18 SHIPWIZARD 199
14.18.1 COMPANY SNAPSHOT 199
14.18.2 SERVICES PORTFOLIO 199
14.18.3 RECENT DEVELOPMENTS 199
14.19 WOODFIELD DISTRIBUTION, LLC 200
14.19.1 COMPANY SNAPSHOT 200
14.19.2 SERVICES PORTFOLIO 200
14.19.3 RECENT DEVELOPMENTS 200
14.20 YUSEN LOGISTICS CO., LTD. 201
14.20.1 COMPANY SNAPSHOT 201
14.20.2 SERVICES PORTFOLIO 201
14.20.3 RECENT DEVELOPMENTS 202
15 QUESTIONNAIRE 203
16 RELATED REPORTS 206