Press release
Third Party Logistics Market Insights Growth Opportunities 2025 - DB Schenker, C.H. Robinson, DSV, XPO Logistics, Sinotrans, Deutsche Post DHL Group, Kuehne + Nagel International AG, Nippon Express Co., GEODIS, and UPS Supply Chain Solutions
Third Party Logistics Market at a CAGR of 13.5% from 2018 to 2025
The report focuses on in-depth segmentation of third party logistics market by mode of transport, services, end-user, and regions. The geographic segmentation of this report covers 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.
The Third Party Logistics Market (3PL) is at its growing phase in different regions owing to the increase in international exports/imports and growth in E-commerce in numerous businesssegment. The market is further expected to flourish in North America and Middle East owing to service integration, data management, expansion of service offerings, and inclination towards offering more flexible solutions to customers.
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Top Dominating Key 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
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%.
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. Roadways is the leading mode of transport segment, whereas airways is growing rapidly across the globe.
The major factors propelling the market growth for third party logistics are rise in focus of manufacturing companies on reducing assets and emphasize on core business, benefits in managing seasonal variations of products, and increase in demand for reducing overall operational cost and focus on managing timely delivery.
Worldwide Third Party Logistics Market Analysis to 2025 is a specialized and in-depth study of the Third Party Logistics Industry with a focus on the global market trend. The report aims to provide an overview of global Third Party Logistics Market with detailed market segmentation by product/application and geography. The global Third Party Logistics Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Third Party Logistics players and offers key trends and opportunities in the market.
Key Benefits:
• This report provides a detailed study of market trends and forecast from 2019 to 2025, which assist to identify the prevailing market opportunities.
• In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
• Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.
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Third Party Logistics Market Segmentation:
Global Third Party Logistics Market– By Mode of Transport
• Roadways
• Railways
• Waterways
• Airways
• Others
Global Third Party Logistics Market– By Services
• International Transportation
• Warehousing
• Domestic Transportation
• Inventory Management
• Others
Global Third Party Logistics Market– By End-User
• Automotive
• Healthcare
• Retail
• Consumer Goods
• Others
Global Abrasive wheels Market– By Geography
• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SA)
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Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
About Us:
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 a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
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