Only a few years ago, global retail e-commerce sales were predicted to be worth more than 3.5 trillion dollars. The expected growth in e-commerce revenues was greater than expected and e-commerce revenue has increased significantly across almost all sectors and markets. E-commerce, without a question, has an impact on freight forwarding.
E-commerce freight forwarding and online shopping are still two of the most popular internet activities around the world. Domestic sales are rising, and global e-sales have never been higher, as nations like China, India, and Indonesia, among others, experience an increase in import and export rates as a result of the rise.
Expansion of E-Commerce and Its Relationship with Freight Forwarding
The demand for quality products and services through online portals, websites, applications, and stores is increasing due to a number of factors. The rising demand for e-commerce freight forwarding services helps prop up otherwise recovering economies and niche markets, which is one of the primary reasons positively influencing the market.
While the demand for office clothes, for example, has decreased as more people work from home, which has served to partially counterbalance this blow to the clothing and fashion industry.
Top Trends Fuelling E-Commerce Growth
There have been many causes of the last few years that have fuelled the growth of e-commerce freight forwarding. The following are some of the most important changes affecting the digital market and e-commerce supply chain:
- Reactions to the pandemic and the associated disruptions in numerous markets.
- Pent-up demand among customers as a result of supply shortages and lockdowns.
- Demand is still high ahead of the major end-of-year holidays.
- Global supply and demand are affected by changes in global trade policies in other countries.
- In response to supply concerns, new construction equipment is being planned and built-in.
- The ability to order anything on demand and have it delivered to you at home or on the go.
- There are many possibilities for same-day service as well as quick and economical three-day-or-less options.
- Goals for sustainability, green initiatives, and customer interest in business values are all on the rise.
- Consumer interests and attitudes are shifting toward a more personal perspective.
- Concerns about safety and the capacity to participate in activities that were previously done in person.
- Opportunities to save time and money are becoming increasingly important.
- User-friendly tech stacks, software, apps, websites, and options are emerging.
- Continue to meet customers where they are in order to solve their wants and problems.
Keedwell Scotland, in collaboration with our partner company Keedwell European Freight, provides a variety of services throughout Scotland, Europe, and the United Kingdom.
Warehousing and distribution, general haulage, freight forwarding, and same-day delivery are among the services available. Get in touch today for more information.