Recent Survey and Demands of 3PL (Third-Party Logistics) Market to 2020 - Focusing US and Japan

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3PL Market in the US

3PL is a business process through which companies outsource their logistics and distribution functions to a service provider that specializes in handling logistics functions such as transportation and warehousing. Often, 3PL providers go beyond logistics and provide value-added services such as inventory management, cross-docking, door-to-door delivery, and packaging of products. They also provide strategic and operational value to many shippers across the globe. There are currently new and innovative supply chain management techniques to improve overall service quality in the 3PL market.

Technavios analysts forecast the 3PL market in the US to grow at a CAGR of 3.29% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the 3PL market in the US for 2016-2020. To calculate the market size, the report considers net revenue generated by 3PL service providers.

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3PL Market in Japan

3PL refers to the outsourcing of logistics and distribution activities by companies to logistics solution providers, known as 3PL providers. A 3PL provider is a company to which shippers (customers that transport goods using 3PL services) outsource a part or all of the supply chain management (SCM) functions of their logistics services. 3PL providers play a significant role in handling customer logistics requirements, and perform transportation, location tracking, and sometimes product consolidation activities. These providers typically specialize in transportation, warehousing, and integrated operation services, which they customize according to a customer requirement. Often, 3PL providers go beyond logistics, and provide value-added services, such as inventory management, cross-docking, door-to-door delivery, and packaging of products. These companies also provide strategic and operational value to many shippers worldwide. Currently, 3PL is in the process of introducing new and innovative ways to manage SCM.

Technavio's analysts forecast the 3PL market in Japan to grow at a CAGR of 1.98% during 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the 3PL market in Japan for the period 2015-2019. To calculate the market size, Technavio considers the revenue generated by 3PL service providers. The report presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market.

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