Third Party Logistics Market 2018 - 2025 By Key Players DB Schenker, DSV, XPO Logistics, Sinotrans, Deutsche Post DHL Group, Kuehne + Nagel International, Nippon Express, GEODIS, and UPS Supply Chain Solutions

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.

An off-the-shelf report on third party logistics market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2025.

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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.

Major Third Party Logistics Market Players:

1. Deutsche Post DHL Group
2. Kuehne + Nagel International AG
3. Nippon Express Co., Ltd.
4. DB Schenker
5. H. Robinson
6. DSV
7. XPO Logistics
8. Sinotrans
9. GEODIS
10. UPS Supply Chain Solutions

Roadways is the leading mode of transport segment, whereas airways is growing rapidly across the globe.

Airways is often considered as an alternative for other mode of transport especially in case of flooding and conflict situations. The factors that influence the selection for airway mode of transport are availability & cost of different types of aircraft, the distance to be travelled & possible constraints on certain airspace, and securing landing & over-flight permission.

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Objectives of the Study

• To forecast the size of the Third party logistics market segments with respect to the 5 main regions, namely, North America, Europe, Latin America, Asia Pacific (APAC), and Middle East and Africa (MEA)
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
• To analyze each submarket with respect to the individual growth trends, prospects, and contributions to the total market
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments of the market
• To profile the key market players, provide comparative analysis on the basis of business overviews, regional presence, product offerings, business strategies, and key financials, and illustrate the competitive landscape of the market
• To track and analyze the competitive developments, such as mergers and acquisitions, product developments, partnerships and collaborations, and Research and Development (R&D) activities in the market

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This release was published on openPR.