Press Release - March 2026

• Revenue generated by warehousing, transport and distribution services for products sold via the internet reached €4.435 billion in 2025, up 6% year-over-year. Activity remained positive, albeit at a more moderate pace than in previous periods of strong expansion. 

• Despite the entry of new competitors from related fields, sector concentration continued to increase, with the top ten operators already accounting for 51% of the market.

• INFORMA's DBK Sectoral Observatory recently published these insights in the 'E-commerce Logistics' Special Report.

Madrid, 24 March 2026.- According to INFORMA's (Cesce's subsidiary) DBK Sectoral Observatory—a leading provider of business, financial, sectoral, and marketing information in Spain and Portugal—the logistics activity associated with e-commerce generated turnover of €4.435 billion in 2025, up 6.0%. This performance confirmed continued growth, albeit at a more moderate pace than in previous fiscal years.

Market performance was underpinned by several factors, including the consolidation of confidence in online shopping, higher household spending and some easing of inflationary pressures, which supported demand for e-commerce-related logistics services.

The number of online shoppers exceeded 26 million in 2025, up 4% from 2024, meaning that nearly 60% of the population made purchases via the internet. This expansion reinforced the need to offer logistics solutions tailored to rising volumes and new delivery requirements.

In terms of demand segmentation, the clothing, footwear and accessories category was the most relevant in the digital arena, ahead of food orders from restaurants and catering companies, and cosmetics, beauty and wellbeing products. From a territorial standpoint, Catalonia, Andalusia and Madrid—the regions with the greatest weight—accounted for just over half of all online goods buyers.

The development of last-mile management activities remained essential, with growth in out-of-home services standing out. The expansion of pick-up point networks and smart lockers improved operational efficiency, reduced failed deliveries and lowered costs associated with urban congestion.

Sector supply maintained a highly dynamic structure, with the entry of new specialised operators and the diversification of companies previously focused on other logistics areas. Companies focused on alternative delivery models gained ground, linked to the growing preference for flexible and efficient services. However, the concentration process continued to intensify in 2025, with progressive consolidation among larger groups, supported by both organic growth and corporate transactions. The top ten operators held 50.9% of the market.

Data Synthesis

(a)  includes collection, storage, order handling, transport and distribution of goods.