Company: GVH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052766
Chunk: 70

Company: Globavend Holdings Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 70
---
 2025 to 2033:

<div align='center'>(source: IMARC)

29</div>

According to the Australia
Post, a total of 9.8 million households in Australia made an online purchase in 2024, representing a 2.3% y-o-y increase compared
with 2023, which is another new record. The chart below shows the record number of Australian household shopping online:

<div align='center'>(source: Australia Post)</div>

The e-commerce logistics market

E-commerce logistics is the
entirety of all processes required for logistics management in online retail. This includes:

| ● | storage planning and choice of warehouse type; |

| ● | inbound logistics with quality control; |

| ● | consolidation and order picking; |

| ● | outbound logistics with packaging and handover to transport 
 service providers;                                          |

| ● | shipment tracking; and |

| ● | delivery management including returns management. |

<div align='center'>30</div>

Market size of the global e-commerce logistics market

According to IMARC, the global
e-commerce logistics market size reached $401.9 billion in 2024, representing a 17.6% y-o-y increase compared to 2023. The chart
below shows the historical growth of the global e-commerce logistics market:

<div align='center'>(source: IMARC)</div>

IMARC expects that by 2033,
the global e-commerce logistics market will reach the value of $1,909.9 trillion, representing a CAGR of 18.9%. The chart below shows
the global e-commerce logistics market forecast for 2025 to 2033:

<div align='center'>(source: IMARC)

31</div>

Market size of the e-commerce logistics in Asia Pacific

In 2024, Asia Pacific represented
the largest market for e-commerce logistics, accounting for a share of 51.4% with the total value of $206.4 million. It was followed
by North America (22.0%), Europe (20.5%), Latin America (3.2%) and Middle East and Africa (2.9%). The chart below shows the market breakup
by region:

<div align='center'>(source: IMARC)</div>

IMARC expects that by 2033,
Asia Pacific will continue to be the largest market for the e-commerce logistics market globally, accounting for a share of 54.1%. Asia
Pacific is expected to be followed by