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The two-wheeler logistics market is showcasing a significant rise over the years, and it is projected to witness a rise to $355,631.2 million in 2030. The convenience and cost-effectiveness of the two-wheeler logistics market, the boom in e-commerce, and the advent of real-time tracking are the key drivers of the two-wheeler logistics market.
Moreover, the expansion of the e-commerce industry, grocery delivery companies, and online food delivery with new add-on customers with a wide variety of products propels the market. E-commerce has enabled access to numerous products that are difficult to find in offline distribution channels. Despite strict restrictions, E-commerce facilitated customers to order essentials, including pharmaceuticals, food products such as groceries, and ready-to-eat food through online mode with the expected delivery on the same or very next day. It resulted in market proliferation.
In addition, the scooter category captures the significant two-wheeler logistics market share, ascribed to the increasing adoption of scooters led by rapid acceleration, light build, and ease of mobility. Moreover, the structural build of the scooters is best suited for traveling short distances, and therefore they are considered ideal for the transportation of goods and services.
Furthermore, e-commerce delivery is expected to capture the massive two-wheeler logistics market share, and due to its supremacy, it gains massive popularity among people. Additionally, the rapid and free delivery of products, along with the competitive prices has resulted in market propulsion. The rigorous delivery schedule challenges the traditional logistic system, and thus more enterprises are focusing on making changes to their strategies.
Additionally, the electric category, under the propulsion type is projected to experience the highest sales in the two-wheeler logistics market in the coming years. It has resulted in efficient, eco-friendly, and affordable means of transport delivery for service providers. Moreover, according to a study by the University of Michigan’s Transportation Research Institute, EVs cost lesser than half to operate as compared fuel-based vehicles.
