Press release
At 5.5% CAGR Third Party Logistics Market is expected 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
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.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 Market sectors.
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.
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Some of the key players operating in the third party logistics market includes 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.
What the report features:-
• Global analysis of Third Party Logistics Market from 2017 – 2025 illustrating the progression of the market.
• Forecast and analysis of Third Party Logistics Market by product type and geography from 2017 – 2025
• Forecast and analysis of Third Party Logistics Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America
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 Type, By Application, By Region - 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. In certain situations, environmental factors such as destruction of roads and railways may have a considerable impact on the mode of selection. The factors considered in mode of selection would be speed which the mode exhibits, flexibility that the mode offers, and comparative unit cost.
Third Party Logistics Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2025, considering 2019 as the base year and 2019 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
Besides this, the report analyzes factors affecting Third Party Logistics Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis.
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
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