Reverse Logistics Market Size Is Projected To Reach USD 1,910.30 Billion By 2028
San Francisco, 11 Oct 2022: The Report Reverse Logistics Market Size, Share & Trends Analysis Report By End-user Industry (E-commerce, Retail, Automotive, Consumer Electronics, Pharmaceutical), By Region, And Segment Forecasts, 2022 - 2028 The global reverse logistics market size is expected to reach USD 1,910.3 billion by 2028, according to a new report by Grand View Research, Inc.It is expected to expand at a CAGR of 12.4% from 2022 to 2028. Legislation and regulatory initiatives by several governments to adopt reverse logistics practices in order to ensure the effective disposal of product waste and eco-friendly operation is one of the key factors that drive the market. The increasing awareness regarding the benefits of reverse logistics, along with the growing awareness regarding the environment, is also driving the market. Reverse logistics is expensive and high in cost and additionally, the lack of availability of funds and lack of awareness regarding the economic benefi