2020 was a year to remember for those in the e-commerce logistics space. Nowhere in time has witnessed such an unprecedented surge in e-commerce adoption and online sales, all amid the uncertainties surrounding the global pandemic. Our media partner, Parcel Monitor, has partnered with Transport Intelligence to identify some of the fastest-growing e-commerce logistics markets in the world. Can you guess which country topped the list?
Here are some key highlights of the study:
- Global e-commerce sales increased by 27.6% to $4.280 trillion in 2020.
- Asia-Pacific had the slowest e-commerce growth, but the largest market size.
- Singapore ranked first with 63.4% year-over-year growth in its e-commerce market.
Read the full article at Parcel Monitor now!