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(USGovernment-News.Com, February 06, 2019 ) The report focuses on in-depth segmentation of third party logistics market by mode of transport, services, end-user, and regions. The geographic segmentation of this report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By mode of transport, roadways mode of transport accounted for the largest share of the third party logistics market in 2017, whereas airways transport is expected to grow at the highest CAGR during the forecast period.
Worldwide Third party logistics Market Analysis to 2025 is a specialized and in-depth study of the Third party logistics Industry with a focus on the global market trend. The report aims to provide an overview of global Third party logistics Market with detailed market segmentation by product/application and geography. The global Third party logistics Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Third party logistics players and offers key trends and opportunities in the market.
Global third party logistics market is expected to grow from US$ 805.4 billion in 2017 to US$ 1,240.0 billion by 2025 growing at a CAGR of 13.5% from 2018 to 2025.
The third party logistics market (3PL) is at its growing phase in different regions owing to the increase in international exports/imports and growth in E-commerce in numerous business segment. The market is further expected to flourish in North America and Middle East owing to service integration, data management, expansion of service offerings, and inclination towards offering more flexible solutions to customers. The major factors propelling the market growth for third party logistics are rise in focus of manufacturing companies on reducing assets and emphasize on core business, benefits in managing seasonal variations of products, and increase in demand for reducing overall operational cost and focus on managing timely delivery.
1. Deutsche Post DHL Group 2. Kuehne + Nagel International AG 3. Nippon Express Co., Ltd. 4. DB Schenker 5. H. Robinson 6. DSV 7. XPO Logistics 8. Sinotrans 9. GEODIS 10. UPS Supply Chain Solutions
Key Benefits-
To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Third party logistics Market To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa). Third party logistics Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
The Third party logistics Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2025, considering 2018 as the base year and 2018 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
Asia-Pacific is one of the prominent regions in third party logistics market which is contributing to the highest revenue globally due to robust economic growth along with growing demand for retail sector owing to the rising disposable income & growing population in this region. Further, fast growth in e-commerce sector and preferences of foreign companies for Asia-Pacific as their manufacturing location are boosting the market for third party logistics in this region. The factors such as continual urbanization, strong economic growth, rise in industrialization, and growth in middle-class population supported the growth in domestic consumption of fast-moving consumer goods for everyday consumption, personal automobiles, household items, and luxury items. This in turn increases the retail sales and makes Asia-Pacific the leading market for third party logistics service consumer.
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