GLP Brazil President Claims Brazilian Logistics Market Is Far From Saturation

Written by Valdemar Medeiros

Published on 27/09/2020 at 11:23

Updated on 27/09/2020 at 11:24

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The President of GLP States That There is Plenty of Room for Growth in Brazilian Logistics

The logistics of Brazilian e-commerce grew 56.8% in the first six months of 2020 compared to the previous year, reaching 105.6 billion reais (US $ 20.5 billion) in sales revenue, a survey revealed. It seems that consumers shifted to online shopping during the coronavirus pandemic, and the President of GLP commented on the matter.

Brazilian Logistics and the Boost of E-commerce

The number of online orders grew 65.7%, mainly driven by three categories: cosmetics and perfumes, furniture, and electronics, according to data from the Brazilian e-commerce consultancy Compre & Confie and the industry organization ABComm.

“Every day we move further away from having the Brazilian logistics market saturated,” says the President of GLP Brazil during the FLL Summit.

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The Brazilian logistics market was unprepared, but we managed to adapt and now we are far from saturation,” says Mauro Dias. Even with a small portion of sales through e-commerce happening here in Brazil, many logistics companies were not ready for this boom, especially during a pandemic.

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The mall is no longer the same. Pressured by the rise of online commerce that changed the way people shop, whether in physical stores, on cell phone screens, or even mixing multiple sales channels, the temple of consumption is reacting to survive.

In addition to offering more and more services, leisure space, and convenience, many malls are taking on a new role: they are starting to become a kind of mini distribution centers for goods purchased from online stores and marketplaces, which are the virtual malls, including those of the malls themselves.

Today, half of the shopping centers linked to major groups in the sector already have digital initiatives, and the other half is considering having virtual malls, says the President of the Brazilian Shopping Centers Association (Abrasce), Glauco Humai. “This year will be marked by a turning point in the digital transformation of malls,” he says.

GLP Brazil President Claims Brazilian Logistics Market Is Far From Saturation

The President of GLP States That There is Plenty of Room for Growth in Brazilian Logistics

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GLP Brazil President Claims Brazilian Logistics Market Is Far From Saturation

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