The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Return Freight Insurance Market Research Report 2024
Synopsis
Return freight insurance is a kind of freight insurance, which solves the problem of the freight expenses of both parties in the return. It is divided into two categories: return freight insurance (buyer) and return freight insurance (seller). Freight insurance will automatically become invalid after the transaction is successful. In an attempt to encourage consumers to buy products online, many e-sellers buy return-freight insurance (RI) for them (consumers are compensated for return-freight fees after returning products). The type of the e-seller is determined by the selling format that exists between an e-commerce platform and a manufacturer: the reselling format where the manufacturer sells products to the platform, which then sells to consumers, and the agency selling format where the manufacturer sells products to consumers directly through the platform.
Global Return Freight Insurance market is projected to reach US$ 6393.2 million in 2029, increasing from US$ 2168 million in 2022, with the CAGR of 16.7% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Return Freight Insurance market research.
In recent years, return freight insurance (RFI) has emerged as a solution to the problem of returns of goods purchased online. However, although RFI reduces the return costs of both parties and increases the purchase intention of consumers, it also increases the rate of returns and reduces retailers’ profits. Therefore, some online retailers have looked at increasing their service effort as a means of improving the service level and reducing the rate of returns.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Return Freight Insurance market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Ping An
Sunshine Insurance
Pacific Insurance
PICC
ZhongAn Insurance
Continent Insurance
Tai Ping
Hua Tai Insurance
Segment by Type
Compensation for Part of Freight
Compensation for All Freight
Segment by Application
Buyer
Seller
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Return Freight Insurance report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Return freight insurance is a kind of freight insurance, which solves the problem of the freight expenses of both parties in the return. It is divided into two categories: return freight insurance (buyer) and return freight insurance (seller). Freight insurance will automatically become invalid after the transaction is successful. In an attempt to encourage consumers to buy products online, many e-sellers buy return-freight insurance (RI) for them (consumers are compensated for return-freight fees after returning products). The type of the e-seller is determined by the selling format that exists between an e-commerce platform and a manufacturer: the reselling format where the manufacturer sells products to the platform, which then sells to consumers, and the agency selling format where the manufacturer sells products to consumers directly through the platform.
Global Return Freight Insurance market is projected to reach US$ 6393.2 million in 2029, increasing from US$ 2168 million in 2022, with the CAGR of 16.7% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Return Freight Insurance market research.
In recent years, return freight insurance (RFI) has emerged as a solution to the problem of returns of goods purchased online. However, although RFI reduces the return costs of both parties and increases the purchase intention of consumers, it also increases the rate of returns and reduces retailers’ profits. Therefore, some online retailers have looked at increasing their service effort as a means of improving the service level and reducing the rate of returns.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Return Freight Insurance market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Ping An
Sunshine Insurance
Pacific Insurance
PICC
ZhongAn Insurance
Continent Insurance
Tai Ping
Hua Tai Insurance
Segment by Type
Compensation for Part of Freight
Compensation for All Freight
Segment by Application
Buyer
Seller
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Return Freight Insurance report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Return Freight Insurance Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Compensation for Part of Freight
1.2.3 Compensation for All Freight
1.3 Market by Application
1.3.1 Global Return Freight Insurance Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Buyer
1.3.3 Seller
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Return Freight Insurance Market Perspective (2018-2029)
2.2 Return Freight Insurance Growth Trends by Region
2.2.1 Global Return Freight Insurance Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Return Freight Insurance Historic Market Size by Region (2018-2023)
2.2.3 Return Freight Insurance Forecasted Market Size by Region (2024-2029)
2.3 Return Freight Insurance Market Dynamics
2.3.1 Return Freight Insurance Industry Trends
2.3.2 Return Freight Insurance Market Drivers
2.3.3 Return Freight Insurance Market Challenges
2.3.4 Return Freight Insurance Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Return Freight Insurance Players by Revenue
3.1.1 Global Top Return Freight Insurance Players by Revenue (2018-2023)
3.1.2 Global Return Freight Insurance Revenue Market Share by Players (2018-2023)
3.2 Global Return Freight Insurance Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Return Freight Insurance Revenue
3.4 Global Return Freight Insurance Market Concentration Ratio
3.4.1 Global Return Freight Insurance Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Return Freight Insurance Revenue in 2022
3.5 Return Freight Insurance Key Players Head office and Area Served
3.6 Key Players Return Freight Insurance Product Solution and Service
3.7 Date of Enter into Return Freight Insurance Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Return Freight Insurance Breakdown Data by Type
4.1 Global Return Freight Insurance Historic Market Size by Type (2018-2023)
4.2 Global Return Freight Insurance Forecasted Market Size by Type (2024-2029)
5 Return Freight Insurance Breakdown Data by Application
5.1 Global Return Freight Insurance Historic Market Size by Application (2018-2023)
5.2 Global Return Freight Insurance Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Return Freight Insurance Market Size (2018-2029)
6.2 North America Return Freight Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Return Freight Insurance Market Size by Country (2018-2023)
6.4 North America Return Freight Insurance Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Return Freight Insurance Market Size (2018-2029)
7.2 Europe Return Freight Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Return Freight Insurance Market Size by Country (2018-2023)
7.4 Europe Return Freight Insurance Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Return Freight Insurance Market Size (2018-2029)
8.2 Asia-Pacific Return Freight Insurance Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Return Freight Insurance Market Size by Region (2018-2023)
8.4 Asia-Pacific Return Freight Insurance Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Return Freight Insurance Market Size (2018-2029)
9.2 Latin America Return Freight Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Return Freight Insurance Market Size by Country (2018-2023)
9.4 Latin America Return Freight Insurance Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Return Freight Insurance Market Size (2018-2029)
10.2 Middle East & Africa Return Freight Insurance Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Return Freight Insurance Market Size by Country (2018-2023)
10.4 Middle East & Africa Return Freight Insurance Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Ping An
11.1.1 Ping An Company Detail
11.1.2 Ping An Business Overview
11.1.3 Ping An Return Freight Insurance Introduction
11.1.4 Ping An Revenue in Return Freight Insurance Business (2018-2023)
11.1.5 Ping An Recent Development
11.2 Sunshine Insurance
11.2.1 Sunshine Insurance Company Detail
11.2.2 Sunshine Insurance Business Overview
11.2.3 Sunshine Insurance Return Freight Insurance Introduction
11.2.4 Sunshine Insurance Revenue in Return Freight Insurance Business (2018-2023)
11.2.5 Sunshine Insurance Recent Development
11.3 Pacific Insurance
11.3.1 Pacific Insurance Company Detail
11.3.2 Pacific Insurance Business Overview
11.3.3 Pacific Insurance Return Freight Insurance Introduction
11.3.4 Pacific Insurance Revenue in Return Freight Insurance Business (2018-2023)
11.3.5 Pacific Insurance Recent Development
11.4 PICC
11.4.1 PICC Company Detail
11.4.2 PICC Business Overview
11.4.3 PICC Return Freight Insurance Introduction
11.4.4 PICC Revenue in Return Freight Insurance Business (2018-2023)
11.4.5 PICC Recent Development
11.5 ZhongAn Insurance
11.5.1 ZhongAn Insurance Company Detail
11.5.2 ZhongAn Insurance Business Overview
11.5.3 ZhongAn Insurance Return Freight Insurance Introduction
11.5.4 ZhongAn Insurance Revenue in Return Freight Insurance Business (2018-2023)
11.5.5 ZhongAn Insurance Recent Development
11.6 Continent Insurance
11.6.1 Continent Insurance Company Detail
11.6.2 Continent Insurance Business Overview
11.6.3 Continent Insurance Return Freight Insurance Introduction
11.6.4 Continent Insurance Revenue in Return Freight Insurance Business (2018-2023)
11.6.5 Continent Insurance Recent Development
11.7 Tai Ping
11.7.1 Tai Ping Company Detail
11.7.2 Tai Ping Business Overview
11.7.3 Tai Ping Return Freight Insurance Introduction
11.7.4 Tai Ping Revenue in Return Freight Insurance Business (2018-2023)
11.7.5 Tai Ping Recent Development
11.8 Hua Tai Insurance
11.8.1 Hua Tai Insurance Company Detail
11.8.2 Hua Tai Insurance Business Overview
11.8.3 Hua Tai Insurance Return Freight Insurance Introduction
11.8.4 Hua Tai Insurance Revenue in Return Freight Insurance Business (2018-2023)
11.8.5 Hua Tai Insurance Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest IT & Electronics Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
