MarketResearchNest.com adds “Global Third Party Logistics Market Size, Status and Forecast 2019-2025” new report to its research database. The report spread across 92 with table and figures in it.
Third-party logistics (3PL) is a business arrangement in which companies outsource their logistics operations to a specialized service provider that offers customized on-demand transportation, warehousing, distribution, and freight and forwarding services.
Increasing advancements in e-commerce across the retail sector is expected to drive the growth prospects for the global 3PL market in the forthcoming years. Some of the major factors responsible for the expansion of the e-commerce sector include the increased adoption of the Internet and mobile services. Also, it has been observed that elements such as efficient inventory management and quick delivery are important for the operational success of this sector. As a result, the demand for efficient delivery systems, inventory management, small package deliveries, individualized shipping time, and freight forwarding are increasing, driving the third-party logistics market size.
APAC accounts for the maximum market share in 2017 and is estimated to continue to dominate the market for the next few years. Some of the major factors responsible for the market’s growth in the region is the increasing outsourcing of logistics services and an increase in imports and exports across key countries. Also, the strong demand for 3PL services in APAC is due to factors like economic growth and globalization that requires manufacturers to import and export raw materials and finished goods on a global level.
This report studies the Third Party Logistics Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Third Party Logistics market analysis segmented by companies, region, type and applications in the report.
In 2018, the global Third Party Logistics market size was – – million US$ and it is expected to reach – – million US$ by the end of 2025, with a CAGR of – -% during 2019-2025.
This report focuses on the global Third Party Logistics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Third Party Logistics development in United States, Europe and China.
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The key players covered in this study:
- AmeriCold Logistics
- DHL Supply Chain
- Nippon Express
- UPS Supply Chain Solutions
Market segment by Type, the product can be split into
- Logistics Software
Market segment by Application, split into
- Consumer Goods
- Food and Beverage
Market segment by Regions/Countries, this report covers
- United States
- Southeast Asia
- Central and South America
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Highlights of the Global Third Party Logistics report:
- A complete backdrop analysis, which includes an assessment of the Third Party Logistics Market
- An objective assessment of the trajectory of the market
- Market segmentation up to the second or third level
- Reporting and evaluation of recent industry developments
- Important changes in market dynamics
- Emerging niche segments and regional markets
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
The study objectives of this report are:
- To analyze global Third Party Logistics status, future forecast, growth opportunity, key market and key players.
- To present the Third Party Logistics development in United States, Europe and China.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Third Party Logistics are as follows:
- History Year: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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