Global Reverse Logistics Market : Industry Analysis and Forecast (2019-2027)
- POSTED ON Tuesday, March 9, 2021
Factors such as development of E-commerce industry and strict government rules in automotive industry, increasing product recall are the factors that drive the reverse logistics market growth. Additionally, surge in need of reverse logistics in pharmaceutical industry impels the growth of the reverse logistics market size. Moreover, introduction of blockchain technology and rise in need of reverse logistics due to rise in e-waste is a remarkable growth opportunity for the key players operating in the reverse logistics market. However, uncertainty in reverse logistics process and rise in quality control is projected to hamper the reverse logistics growth of the market.