The size of the e-commerce logistics sector is estimated to almost triple to $8 bn by FY26e from c$3 bn at present, HSBC has said, with 3P logistics firms – which manage and deliver other companies’ goods – increasing their market share to 40-50% of e-commerce (from the current around 40% share) benefitting from a) lower delivery costs due to operating leverage and technology investments; b) ability to handle higher seasonal demand; and c) a much better reach vs in-house logistics operations.
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