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Contract Logistics Market Outlook to 2025 - CEVA Logistics, DB Schenker, Geodis, Neovia Logistics Services, Deutsche Post, XPO Logistics, Kuehne + Nagel International, Hitachi Transport System, UPS Supply Chain Solutions and Ryder System

01-25-2019 09:39 PM CET | Logistics & Transport

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
Contract Logistics Market at a CAGR of 5.0% between 2018 and 2025

Contract Logistics Market at a CAGR of 5.0% between 2018 and 2025

This report studies the Contract Logistics Market status and outlook of Global and major regions from insights of players, countries, product types and end industries. The report provides detailed analyses of the driving forces and opportunities, major market segments, top investment industry trends, key player positioning, and competitive landscape. This report analyzes the top players in global market and splits the market by product type and applications/end user industries.

This report focuses on the Contract Logistics Market Size, Revenue, Share, status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Contract Logistics development in North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA).

Distribution management is a critical function involved in the supply chain that can lead to cost savings in the overall supply chain. An organized distribution network saves significant money for the businesses the costs to store them for longer times at the warehouses is eliminated. Inventory stored at warehouses incur costs to the businesses. Rent, interest payments, insurance taxes about the stock stored coupled with depreciation and obsolescence of the product add to the costs. The services offered by logistics firms add substantial value to the manufacturing companies.

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Some of the major players in the contract logistics market include GEODIS, Deutsche Post AG, DB Schenker, Hitachi Transport System, Ltd., Kuehne + Nagel International AG, XPO Logistics, Inc., Ryder System, Inc., CEVA Logistics AG, Neovia Logistics Services, LLC, and UPS Supply Chain Solutions among others.

The global contract logistics market is experiencing continuous growth and is anticipated to rise in the coming years. The trend towards outsourcing logistics and demand for value-added logistics services are expected to grow in the near future. Moreover, demand for supply chain services is expected to witness strong growth in rapidly growing economies. Swift growth of manufacturing industry and their focus laid on core competencies, burgeoning needs for achieving cost efficiency, task optimizations & technological integrations pertaining to supply chain activities, and benefits in managing seasonal variations of products are projected to drive the market for contract logistics market during the forecast period. Also, an unprecedented growth rate of the e-commerce sector and enhanced focus on risk management in the supply chains and increasing collaborations is anticipated to fuel the growth of contract logistics market with ample of opportunities for the industry players.

Increasing diverse and complex product demands from customers, super-competitive markets, rising product customizations, and multi-channel retailing are some of the high profile challenges faced by the retail sector. Solutions to these challenges for the retail sector pertaining to the logistics activities are provided by the contract logistics providers. The other problems faced by the retailers include managing and fulfilling e-commerce transactions, supplying goods to the airports, shopping malls and various retail centres inside the city. The portfolio of services under the retail sector provided by contract logistics spans across all various retail outlets including hypermarkets, supermarkets, convenience stores, kiosks, e-tailers, and department stores.

The implementation of contract logistics services assists auto industries to increase customer satisfaction, control overall cost, and permits industry to use logistics as a competitive advantage above their competitors. The rapid expansion of the automotive industry especially in the developing economies and the rapid rise in vehicular demands globally are anticipated to propel growth in the automotive segment for contract based logistics market. The need to develop just-in-time and scalable solutions that optimize industrial operations and enhance productivity is one critical aspect in recent times. Further, the fast-growing industrial sector coupled with complex distribution challenges have facilitated the influx of contract logistics services in the industrial sector.

Browse market data tables and in-depth TOC of the Global Contract Logistics Market (2018–2025)

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The report segments the global Contract logistics market as follows:

1.1.1 Global Contract Logistics Market – By Type
• Outsourcing
• Insourcing

1.1.2 Global Contract Logistics Market – By Services
• Transportation
• Warehousing
• Packaging Processes and Solutions
• Distribution
• Production Logistics
• Aftermarket Logistics
• Others

1.1.3 Global Contract Logistics Market – By End-User
• Aerospace
• Automotive
• Consumer
• High-Tech
• Industrial
• Pharma & Healthcare
• Retail
• Others

1.1.4 Global Contract Logistics Market – By Geography

• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SAM)

What our report offers:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Contract 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 Contract Logistics, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging 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.

Contact Us:

The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com

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