Third Party Logistics Market A Detailed Growth Analysis 2025 - XPO Logistics, DB Schenker, C.H. Robinson, DSV, Sinotrans, Deutsche Post DHL Group, Kuehne + Nagel International AG, Nippon Express Co., GEODIS, and UPS Supply Chain Solutions
Increase in demand for minimizing overall operational cost and manufacturer's focus on timely delivery of products are projected to escalate the market growth at a CAGR of 5.6%.
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.
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Top Leading Market Players:
1. Deutsche Post DHL Group
2. Kuehne + Nagel International AG
3. Nippon Express Co., Ltd.
4. DB Schenker
5. H. Robinson
7. XPO Logistics
10. UPS Supply Chain Solutions
The report enables you to-
• Formulate significant competitor information, analysis, and insights to improve R&D strategies
• Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
• Identify and understand important and diverse types of Third Party Logistics under development
• Develop market entry and market expansion strategies
• Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
• In-depth analysis of the product's current stage of development, territory and estimated launch date
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. Roadways is the leading mode of transport segment, whereas airways is growing rapidly across the globe.
The report aims to provide an overview of global third party logistics market with detailed market segmentation. Also, it analyzes the current third party logistics market scenario and forecasts the market till 2025. The report further covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provides PEST along with the SWOT analysis for all company profiled in the report.
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.
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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 global third party logistics market, thereby allowing players across the value chain 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 client products, segmentation, pricing and distribution
The report segments the global third party logistics market as follows:
Global Third Party Logistics Market– By Mode of Transport
Global Third Party Logistics Market– By Services
• International Transportation
• Domestic Transportation
• Inventory Management
Global Third Party Logistics Market– By End-User
• Consumer Goods
Global Abrasive wheels Market– By Geography
• North America
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SA)
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