Press release
Global Third Party Logistics Market Outlook to 2025 - XPO Logistics, Robinson Worldwide, Geodis, Sinotrans, Deutsche Post, Nagel International, Nippon Express, Kuehne, DB Schenker and UPS Supply Chain Solutions
The "Global Third Party Logistics Market" report focuses on an in-depth segmentation of third-party logistics market based on the mode of transport, services, end-user, and country. Geographically, the third-party logistics market report covers trends and opportunities of five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA).The regional market has been further bifurcated by respective countries. By mode of transport, roadways mode of transport accounted for the largest share of the third party logistics market in 2017, whereas airways transport is expected to grow at the highest CAGR during the forecast period.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.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%.
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The major players operating in the third party logistics market 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.
Third party logistics Market to 2025 – Global Analysis and Forecasts 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)
A complete analysis of the competitive landscape of the global Third party logistics market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost.
Key benefits-
• To track and analyze competitive developments, such as product launches, agreements, partnerships, collaborations, and acquisitions in the global Third party logistics market.
• To forecast the size of the market segments with respect to four major regional segments, namely, north america, europe, asia pacific, and the rest of the world (latin america and the middle east & africa).
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. The factors such as continual urbanization, strong economic growth, rise in industrialization, and growth in middle-class population supported the growth in domestic consumption of fast-moving consumer goods for everyday consumption, personal automobiles, household items, and luxury items. This in turn increases the retail sales and makes Asia-Pacific the leading market for third party logistics service consumer.
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Reason to buy:
Save and reduce time carrying out entry-level research by identifying the market 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 across the value chain to develop effective long term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging market
• 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
• Examine the political, economic, social and technology impact of the five regions namely: north america, europe, asia pacific, middle east & africa and south & central america.
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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 committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.
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