The global reverse logistics industry is a substantial and growing sector, valued at USD 678.8 billion in 2024, driven by the increasing need for efficient returns management, recycling, and product refurbishment across retail, manufacturing, and e-commerce. According to IMARC Group, the market is projected to reach USD 1,031.6 billion by 2033, exhibiting a compound annual growth rate (CAGR) of 4.8% from 2025 to 2033. This growth is fueled by rising e-commerce sales, stricter environmental regulations, and consumer demand for sustainable practices, positioning reverse logistics as a critical component of supply chain management over the next decade.

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