Third Party Logistics Market 2025 Is Rising Internationally With: Deutsche Post DHL Group, Kuehne + Nagel International, Nippon Express Co, DB Schenker, C.H. Robinson
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 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.
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Latest market study on “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 third party logistics market is estimated to reach US$ 1,240.0 million by 2025 from US$ 805.4 million in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Roadways is the leading mode of transport segment, whereas airways is growing rapidly across the globe.
Asia-Pacific is the dominant region in the third party logistics market and this region is expected to continue its lead during the forecast period. Where, China dominated the demand for third party logistics services with the increase in business expansion. Asia-Pacific is contributing to the highest revenue globally due to robust economic growth along with growing retail enactment owing to the rising disposable income in this region. Further, fast growth in e-commerce sector and rise in foreign direct investment are boosting the market for third party logistics in this region. North America is expected to be the fastest growing region in third party logistics market owing to the service integration, data management, expansion of service offerings, and inclination towards offering more flexible solutions to customers.
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TABLE OF CONTENTS
1.1 SCOPE OF THE STUDY
1.2 THE INSIGHT PARTNERS RESEARCH REPORTS GUIDANCE
2. KEY TAKEAWAYS
2.1 ASIA-PACIFIC HOLDS THE LARGEST MARKET SHARE IN THIRD PARTY LOGISTICS MARKET IN 2017
2.2 RETAIL IS THE LEADING END USER SEGMENT IN 2017
3. THIRD PARTY LOGISTICS MARKET LANDSCAPE
3.1 MARKET OVERVIEW
3.2 MARKET SEGMENTATION
3.2.1 Global Third Party Logistics Market – By Mode of Transport
3.2.2 Global Third Party Logistics Market – By Services
3.2.3 Global Third Party Logistics Market – By End User
3.2.4 Global Third Party Logistics Market – By Geography
3.3 PEST ANALYSIS
3.3.1 North America PEST Analysis
3.3.2 Europe PEST Analysis
3.3.3 Asia Pacific PEST Analysis
3.3.4 Middle East & Africa PEST Analysis
3.3.5 South America PEST Analysis
4. THIRD PARTY LOGISTICS MARKET – KEY INDUSTRY DYNAMICS
4.1 KEY MARKET DRIVERS
4.1.1 Rise in demand for reducing overall operational cost and focus on managing timely delivery
4.1.2 Inclination of manufacturing companies on reducing assets and emphasize on core business
4.1.3 Benefits in managing seasonal variations of products
4.2 KEY MARKET RESTRAINTS
4.2.1 Lesser control of manufacturer on logistics service and delivery processes
4.3 KEY MARKET OPPORTUNITIES
4.3.1 Increase in adoption of e-commerce in retail sector
4.4 FUTURE TRENDS
4.4.1 Implementation of several software solutions
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
5. THIRD PARTY LOGISTICS MARKET – GLOBAL MARKET ANALYSIS
5.1 THIRD PARTY LOGISTICS MARKET – GLOBAL MARKET OVERVIEW
5.2 THIRD PARTY LOGISTICS MARKET – GLOBAL MARKET AND FORECAST TO 2025
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