Third Party Logistics Market Outlook to 2025 - Sinotrans, GEODIS, Deutsche Post DHL Group, Kuehne + Nagel International AG, Nippon Express Co. Ltd., DB Schenker, C.H. Robinson, DSV, XPO Logistics, UPS Supply Chain Solutions
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.The “Third Party Logistics (3PL) Market to 2025 by Mode of Transport (Roadways, Railways, Waterways, and Airways), Services (International Transportation, Warehousing, Domestic Transportation, and Inventory Management), and End-User (Automotive, Healthcare, Retail, and Consumer Goods) – Global Analysis and Forecast”. The scope of study involves understanding on the factors responsible for this growth of third party logistics market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant pumps players in the market and their key developments.
Browse market data tables and in-depth TOC of the Global Third party logistics Market (2016–2025)
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Third party logistics Market to 2025 – Global Analysis and Forecast by Mode of Transport, Services, and End-User. Third party logistics market is expected to grow to US$ 1,240.0 million by 2025 from US$ 805.4 million in 2017. 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 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.
Increase in demand for shipping cost reduction & more focus on timely delivery management, reduction on company’s assets & permitting focus on core business, and advantage in managing seasonal variations are projected to drive the market for third party logistics during the forecast period. However, lesser control of manufacturers on logistic service and delivery process may adversely impact the market for third party logistics in near future. Moreover, the factor such as increase in adoption and growth of e-commerce in retail sector is projected to generate remarkable growth opportunity to the industry players.
The global third party logistics market by geography is segmented into five regions including North America, Europe, Asia Pacific, Middle East & Africa and South America. Market is currently dominated by Asia-Pacific and Europe, however the market is expected to be in favor of North America, which is anticipated to witness remarkable growth rate owing to the increase in demand for service integration, data management, and inclination of manufacturers towards more flexible solutions. The key players profiled in the report are Deutsche Post DHL Group, Kuehne + Nagel International AG, Nippon Express Co., Ltd., DB Schenker, C.H. Robinson, DSV, XPO Logistics, Sinotrans, GEODIS, and UPS Supply Chain Solutions.
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Third Party Logistics Market, Global Breakdown by Regions, 2017 (%)
The report segments the global third party logistics market as follows:
• Global Third Party Logistics Market– By Mode of Transport
o Roadways
o Railways
o Waterways
o Airways
o Others
• Global Third Party Logistics Market– By Services
o International Transportation
o Warehousing
o Domestic Transportation
o Inventory Management
o Others
• Global Third Party Logistics Market– By End-User
o Automotive
o Healthcare
o Retail
o Consumer Goods
o Others
• Global Abrasive wheels Market– By Geography
o North America
U.S.
Canada
Mexico
o Europe
France
Germany
Italy
Spain
UK
o Asia Pacific (APAC)
Australia
China
India
Japan
o Middle East & Africa (MEA)
South Africa
Saudi Arabia
UAE
o South America (SA)
Brazil
Argentina
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