Two-Wheeler Logistics Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Market Scenario

The Global Two- Wheeler Logistics Market is estimated to witness a rise in revenue from US$ 334.2 Mn in 2021 to US$ 461.8 Mn by 2027. The market is registering a CAGR of 5.5% during the forecast period 2022-2027. 

Two-wheelers occupy much lesser space in comparison to four-wheelers, thus making them easy to secure even in the smallest places. Two-wheeler makes commuting fast and inexpensive.

The major factors responsible for the growth of the two-wheeler logistics market includes the increasing demand through last mile delivery, shifting customer expectation towards more attractive offers like free shipping and companies switching to cheaper delivery alternative. Growing customer preference for last mile delivery has favored a growth for two-wheeler logistics market. Artificial Intelligence, big data and internet of things are the top tech trends in last mile delivery. Moreover, there is a surge in demand for free shipping cost, faster and more efficient delivery which in turn leads to boost in two-wheeler logistics market. Furthermore, rising traffic congestion caused by heavy vehicles increased scope of adoption for two-wheeler and government policies focusing on electrification of two-wheeler leading to battery infrastructure evolution creates a lucrative growth opportunity in the market. However, increase labor cost and shifting customer preferences towards automated delivery and restriction on volume of goods limits the market growth over the forecast period. 

Report Summary

The study of the Global Two-Wheeler Logistics Market considers various market determinants, industry value chain analysis and competitor analysis of the market. The report discusses the analysis of the two-wheeler logistics industry for the period 2017-2027, where the base year is 2021 and the forecast period is 2022-2027. The report provides a detailed analysis of the Global Two-Wheeler Logistics Market across 18 Chapters and 158 pages. The report includes data presentation across 34 tables and 76 statistical figures. 

The report provides PESTLE analysis, which is a tool to examine the external market environment factors that have an impact on the industry. The PESTLE analysis examines the Political, Economic, Social, Technological, Environmental and Legal factors in the external environment. Thus, sufficiently examining the threats and weaknesses of the industry. The research report also provides Porter’s five forces analysis wherein bargaining power of buyers and competitive rivalry is high. 

The subsequent section provides details of the market analysis based on different segments such as component, application, end-use and region. The report includes detailed study of value chain of the industry. It includes inputs, production, logistics, processing, distribution and consumption. The report also covers extensively about the key competitors in the market for two-wheeler logistics market. 

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Key Takeaways from the Global Two-Wheeler Logistics Market Report

• Based on component, the motorcycle segment is contributing more than half of the market share in 2021 as they have better acceleration and high-speed handling capabilities. Moreover, the moped segment is expected to grow at the highest CAGR during the forecast period owing to their increasing adoption as they allow easy storage and transport of goods, as compared to motorcycles.
• On the basis of application, the retail segmentis dominating the two-wheeler logistics market owing to the increasing demand of two-wheeler logistics in retail sector. Whereas, groceries segment is expected to project the highest CAGR in the marketplace owing to the rising number of online grocery stores globally.
• In terms of end-use, business-to-consumer (B2C) segment holds the highest market share and is predicted to grow at the highest CAGR during the forecast period owing to the rising preference for omnichannel as well as organized shopping.
• By region, North America holds the largest market share in 2021 owing to the presence of major market players in the region. The region also has a strong customer base relying on quick delivery services. Moreover, India is anticipated to witness the highest CAGR during the forecast period due to the growing focus of regional logistics companies on efficient order management.

Impact of COVID-19 on the Global Two-Wheeler Logistics Market

The COVID-19 pandemic has propelled the market, as huge numbers of people entered the lockdown situation, they preferred ordering food items and essential products, such as pharmaceuticals and groceries through two-wheeler. Thus, the two-wheeler logistics present a perfect delivery system and they are more fuel-efficient than four-wheelers and can easily snake through traffic. Fast and efficient delivery emerged as a new business for companies in the healthcare and e-commerce sectors. Also, this will drive the further investments and funding in the emerging sector.

Company Profile 

• Stuart Delievery Ltd, is Europe's popular on-demand logistics platform, connecting companies with a network of geolocated independent couriers. The company's platform enables firms in any industry to deliver goods and services to their customers at high speeds and efficiency. Moreover, the company is offering its services to the various industries such as restaurants, groceries, retail & luxury, e-commerce and professional services.
• Bringg is an Israel based startup focused on connecting people & brands through delivery and fulfilment. The company's cloud platform combines, automates, and orchestrates supply chain technology, people, and suppliers, allowing everyone to access and benefit from innovative delivery and fulfilment models. Moreover, Bringg, a logistics company, is focusing on the expansion of business by continuously getting findings for it.

Competitive Landscape

The key players in the Global Two-Wheeler Logistics Market are Stuart Delievery Ltd., GoGoX, Shippify, Inc., Bringg, Lalamove, Budbee, Blu Couriers, Roadie, Inc., Deliverect and Instabox among others. Through extensive research, it is found that big players have adopted various competitive strategies such as mergers & acquisitions in order to have a grip of emerging market. Furthermore, leading companies are expanding their geographical boundaries by acquiring small brands and domestic companies.

Segmentation Overview 

Global Two-Wheeler Logistics Market is segmented based on component, application, end-use and region. The industry trends in the global two-wheeler logistics market is sub-divided into different categories in order to get a holistic view of the global marketplace. 

Following are the different segments of the Global Two-Wheeler Logistics Market:

By Component segment of the Global Two- Wheeler Logistics Market is sub-segmented into:

• Motorcycle
• Moped

 By Application segment of the Global Two- Wheeler Logistics Market is sub-segmented into:

• Food
• Retail
• Groceries
• Mail
• Logistics

By End-Use segment of the Global Two- Wheeler Logistics Market is sub-segmented into:

• B2C
• B2B

By Region segment of the Global Two- Wheeler Logistics Market is sub-segmented into:

• North America
• Central & South America
• Europe
  • UK
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
  • South-east Asia
• Middle East & Africa
  • Israel
• ROW