Reverse Logistics Market Size

Reverse Logistics Market size was over USD 1000.5 Billion in 2023 and is anticipated to exceed USD 3351.8 Billion by the end of 2036, growing at over 10.6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of reverse logistics is estimated at USD 1106.6 Billion.

The market growth is expected to be encouraged by rising emphases by the government to reduce the disposal of waste, specifically electronic waste, and influence recycling. A 2024 study by the United Nations Institute for Training & Research stated, over 62 million tonnes (Mt) of e-waste were disposed off in 2022 in the environment which is the highest by about 82% as compared to 2010 across the globe. Therefore, the government plays a key role in building reverse logistics infrastructure through funding, facilitating, and incentivizing, along with the strict rules, and regulations related to the product standard.