Press release
Third-party Logistics (3PL) Market $1,513 billion by 2025, at CAGR of 7.1% including top key players like Schenker, NYK logistics and United Parcel Service
Global Third-party Logistics (3PL) Market was valued at $869 billion in 2017, and is projected to reach $1,513 billion by 2025, registering a CAGR of 7.1% from 2019 to 2025.Third-party Logistics (3PL) is the function by which a manufacturer provide activities related to logistics and distribution. A Third-party Logistics company can provide specialized services such as inventory management, cross-docking, door-to-door delivery, and packaging of products. The market for 3 PL service is expected to witness significant growth, due to development of the e-commerce industry.
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This report studies the Third-party Logistics (3PL) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Third-party Logistics (3PL) market by product type and end industries.
Third-party Logistics (3PL) Key Market Segmentation
By Mode of Transport
• Railways
• Roadways
• Waterways
• Airways
By Service Type
• Dedicated Contract Carriage (DCC)
• Domestic Transportation Management (DTM)
• International Transportation Management (ITM)
• Warehousing & Distribution
• Others
Some of the key players operating in the Third-party Logistics (3PL) market include DHL, United Parcel Service, FedEx Corporation, Maersk Logistics, DB Schenker, Kuehne+Nagel Inc., NYK logistics, Panalpina World Transport Ltd., Union Pacific Corporation, and BNSF Railway Company.
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Major Points covered in this report
1. Third-party Logistics (3PL) Market Overview
2. Economic Impact on Industry
3. Industry Trend in Global Region
4. Market Size, Share, Trend, Growth
5. Industry Revenue, Price Trend by Type
6. Market Analysis by Application
7. Development Trend for Regions and Countries
8. Company Profiles
9. Conclusion
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role. Any changes from United States might affect the development trend of Third Party Logistics (3PL).
The report also provide market growth by each region, later sub-segmented by respective countries and segments. The report covers the Business analysis and forecast globally along with the current trend and opportunities prevailing in the region.
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