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Third Party Logistics Market to Grow at 5+% CAGR to Reach US$ 55.7 Bn by 2025 Led by Deutsche Post AG, Nippon Express, C.H. Robinson Worldwide, Kuehne + Nagel International AG, XPO Logistics, DB Schenker, DSV A/S

05-13-2019 06:11 AM CET | Logistics & Transport

Press release from: The Insight Partners

Third Party Logistics Market to 2025

Third Party Logistics Market to 2025

South East Asia Third Party Logistics market is expected to grow from US$ 36.4 Bn in 2017 to US$ 55.7 Bn by 2025 at a CAGR of 5.5% between 2018 and 2025.

Latest market study on "Third Party Logistics Market to 2025 by Mode of Transport (Roadways, Railways, Waterways, and Airways), Services (International Transportation, Warehousing, Domestic Transportation, and Inventory Management), End-User (Automotive, Healthcare, Retail, and Consumer Goods) - South East Analysis and Forecast", the third party logistics market is estimated to reach US$ 55.7 Bn by 2025 from US$ 36.4 Bn 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. The relative advantages associated with the adoption of roadways is encompassed with end-to-end pick-up & delivery process, extensive routes, and it is fairly fast with high reliability.

The major companies offering third party logistics to different industries include Deutsche Post AG, Nippon Express Co., Ltd., C.H. Robinson Worldwide, Inc., Kuehne + Nagel International AG, XPO Logistics, Inc., DB Schenker, DSV A/S, Geodis, Sinotrans Co., Ltd., and UPS Supply Chain Solutions among others.

For More Information, Ask Sample Copy of Research: http://bit.ly/2SyvpwN

The Third Party Logistics Market is among the fastest-growing branches of economy. To be successful in this rapidly evolving, highly competitive sector, companies need high-quality, up-to-date information and insight. The Insight Partners Research Publications have been providing research and market analysis services for the Third Party Logistics sectors.

Key Benefits:
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Third Party Logistics Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

An exclusive Third Party Logistics Market research report created through broad primary research (inputs from industry experts, companies and stakeholders) and secondary research, the report aims to present the analysis of Global Third Party Logistics Market By technology, connectivity, application and geography - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Third Party Logistics Market. Additionally, the report also highlights market entry strategies for various companies across the globe.

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. Where, Indonesia holds a highest market share followed by Thailand and Vietnam. The South East Asia region is contributing to the highest revenue 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. The selection criteria of mode of transport is depends on the physical characteristics of goods and supplies.

Currently, roadways are the leading mode of transport segment, whereas airways are expected to grow at a higher rate during the forecast period. 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. The solutions deployed for third party logistics have graduated from being highly expensive to inexpensive solutions over the years.

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.

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

South East Asia Third Party Logistics Market - By Country
Thailand
Indonesia
Philippines
Vietnam
Malaysia
Singapore
Others

Inquiry for Discount: http://bit.ly/2BqnnfQ

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 committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.

Contact us
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Home: www.theinsightpartners.com

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