Third Party Logistics Market Forecast to 2027 -Future Prospects with Leading Key Players


Posted April 18, 2020 by priynka

Global Third Party Logistics Market is expected to grow from US$ 805.4 Bn in 2017 to US$ 1,240 Bn by 2025 at a CAGR of 5.6% over the forecast period 2018 and 2025.
 
The exclusive report on Third party logistics Market research report has been formulated with the help of extensive primary research (inputs from industry experts, companies, and stakeholders) and secondary research to get a universal view of the market.The report gives an in-detailed information across global regions, including North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA),and South America & Central America (SCAM). We follow an iterative research methodology model to formulate the report that help decision makers take sound investment evaluation. Secondary research is carried out using internal and external sources to obtain qualitative and quantitative information of the market backed by the primary interview of KOLs and SME’s. This model negates any drastic deviation in the market estimation and is used is used to estimate the Third party logistics Market size and forecasts till 2025.


The Third party logistics Market report give a 360-degree holistic view of the market and highlights the key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. In addition, the report also provides profiles of major companies along with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

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Leading Third party logistics Market Players:
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

Third party logistics (3PL) is basically the use of an outside company in order to perform the company’s product distribution and materials management functions. 3PL are the companies delivering single or multiple logistics services to a manufacturing company. Though 3PL firms do not hold the ownership of the product for distribution, however they are bound to accomplish the requested logistics activities of the purchasing company. 3PL is a significant part of today’s supply chain for small and large businesses. These firms provide services such as international & domestic transportation, inventory management, warehousing, distribution, order fulfillment, and freight consolidation. By outsourcing 3PL services, manufacturing companies are able to focus on product development, sales, and other core operations. 3PL offers immediate knowledge & expertise in the field, track on international logistics, and create cost savings.

Key findings of the study:

Asia-Pacific is anticipated to account the largest third party logistics market share.
Based on the transport, the roadways segment is projected to dominate the third party logistics market.
Domestic transportation garnered the second largest share in the third party logistics market by services in 2017.
Retail garnered the second largest share in the third party logistics market by end-user in 2017.
Based on the customer, the large enterprises segment is projected to dominate the third party logistics market.

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Also, key Third party logistics Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

Reason to Buy

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Third party logistics Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Third party logistics Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerThird party logisticsg markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.



About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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Issued By The Insight Partners
Country India
Categories Automotive
Tags logistics , third party logistics , third party logistics market
Last Updated April 18, 2020