Press release
Third Party Logistics Market is Witnessing High CAGR by 2025 with Leading Players Deutsche Post AG, Nippon Express Co., Ltd., C.H. Robinson Worldwide, Inc., Kuehne + Nagel International AG, XPO Logistics, Inc., DB Schenker
South East Asia Third Party Logistics market
The South East Asia Third Party Logistics market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
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The third party logistics experiencing a steady growth with regards to the research and development activities, product innovations, investments, and technological integrations, and deployment in the current scenario and is anticipated to rise exponentially in the coming years. The market for third party logistics consists of some well-established players across the globe that caters varied diversified industries. The countries of South East Asia is experiencing a high growth in the third party logistics market and this region is expected to continue its lead during the forecast period.
Leading Players:
1. Deutsche Post DHL Group
2. Kuehne + Nagel International AG
3. Nippon Express Co., Ltd.
4. DB Schenker
5. C.H. Robinson Worldwide, Inc.
6. DSV A/S
7. XPO Logistics Inc.
8. Sinotrans Co. Ltd.
9. GEODIS
10. UPS Supply Chain Solutions
The South East Asia market for third party logistics is segmented on various parameters such as mode of transport, services, end-user, and geography. Based on mode of transportation, roadways segment dominates the entire third party logistics market and is expected to continue its dominance throughout the forecast period from 2018 - 2025. On the basis of services, other services including freight forwarding, customs brokerage, distribution, and value-added services is expected to witness a significant increase in market share in the coming years, however, warehousing services is projected to be the fastest growing segment. Third party logistics market operates in an extremely fragmented industry with huge number of smaller players capturing the market.
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The report segments the South East Asia third party logistics market as follows:
South East Asia Third Party Logistics Market - By Mode of Transport
Roadways
Railways
Waterways
Airways
South East Asia Third Party Logistics Market - By Services
International Transportation
Warehousing
Domestic Transportation
Inventory Management
Others
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