openPR Logo
Press release

Third-Party Logistics (3PL) Market to Reach $1,513.11 Bn, Globally, by 2025 at 7.1% CAGR| Major Market Players are DHL, United Parcel Service, FedEx Corporation, Maersk Logistics, DB Schenker, Kuehne+Nagel Inc., NYK logistics, Panalpina World Transport Lt

06-11-2019 07:13 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Third-party Logistics (3PL) Market

Third-party Logistics (3PL) Market

Growing number of trading activities globally, improved focus on core competencies by manufacturers & retailers, and growth of e-commerce industry propel the growth of the global 3PL market.

Allied Market Research published a report, titled, Third-party Logistics (3PL) Market by Mode of Transportation (Railways, Roadways, Waterways, and Airways) and Service Type (Dedicated Contract Carriage (DCC), Domestic Transportation Management, International Transportation Management, Warehousing & Distribution, and Others): Global Opportunity Analysis and Industry Forecast, 2018-2025. The report offers a complete analysis of the report, covering the market drivers, restraints, & opportunities, market classification, key investment zones, and competitive landscape. According to the report, the global third-party logistics (3PL) market garnered $869 billion in 2017, and is projected to reach $1,513.11 billion through 2025, thereby growing at a CAGR of 7.1% during the forecast period, 2018 - 2025.

Need more details? Request a sample of the “Third-party Logistics (3PL) Market” report at https://www.alliedmarketresearch.com/request-sample/1512

Growth in the e-commerce industry, increased focus on core competencies among manufacturers & retailers, and increased number of trading activities drive the growth of the 3PL market. Nonetheless, lack of direct control on logistics services hampers the growth of the market. On the other hand, implementation of IT solutions & software and reduction in cost & lead time offer significant growth opportunities for the market.

Roadways segment to dominate through 2025

Roadways segment was the largest in 2017, accounting for over one-third of the total market share. It is expected to retain this trend during the forecast period. This is due to the improved quality of roads and growing cross-border trading activities. However, the airways segment would grow at the highest CAGR of 10.8% through 2025, owing to several benefits of using this mode of transport, such as speedy and urgent delivery of goods.

For purchase enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/1512

Domestic transportation management segment to maintain revenue lead through 2025

The domestic transportation management segment was the largest in 2017, contributing one-third of the total market share. The same would maintain its dominance throughout the forecast period. This is because of the efficient use of capital and integration of transportation management. Nevertheless, other service types segment would grow at the fastest CAGR of 11.2% through the study period due to the benefits provided by them such as large distribution coverage and best service solutions to customers.

Asia-Pacific to lead in terms of revenue through 2025

The market in Asia-Pacific accounted for over one-third of the total revenue in 2017, owing to surge in trading activities due to globalization. It would maintain its dominance during the forecast period. Nevertheless, the LAMEA market would grow at the fastest CAGR of 10.1% from 2018 to 2025, due to the growing population and R&D activities in the region.

Buy the latest version of this report at: https://www.alliedmarketresearch.com/checkout-final/0ddc263b9a06b3d6bb9ace801907f155

Leading market players

The key players analyzed in the research include DHL, FedEx Corporation, United Parcel Service, DB Schenker, Maersk Logistics, NYK logistics, Kuehne+Nagel Inc., Union Pacific Corporation, Panalpina World Transport Ltd., and BNSF Railway Company. These market players have implemented various strategies such as partnership, expansion, collaboration, joint ventures, and others to gain a stronghold in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Third-Party Logistics (3PL) Market to Reach $1,513.11 Bn, Globally, by 2025 at 7.1% CAGR| Major Market Players are DHL, United Parcel Service, FedEx Corporation, Maersk Logistics, DB Schenker, Kuehne+Nagel Inc., NYK logistics, Panalpina World Transport Lt here

News-ID: 1771896 • Views: 204

More Releases from Allied Market Research

Drug Screening Laboratory Services Market Share Size, Statistics, Demand, Revenu …
Drug Screening Laboratory Services Market by Service type, (Workplace Drug Testing and Clinical Toxicology Testing), Sample Type (Urine, Oral Fluid, Hair and Others), End User (Retail, Oil & Gas, Transportation, Staffing, Government, Other Workplace, Hospital Laboratories, Clinical Laboratories, and Other Laboratories): Global Opportunity Analysis and Industry Forecast, 2020-2027 by Service type, (Workplace Drug Testing and Clinical Toxicology Testing), Sample Type (Urine, Oral Fluid, Hair and Others), End User (Retail, Oil
Orthopedic Devices Market Global Growth, Current Scenario Technology Trends, Com …
Rise in geriatric population and increase in chronic diseases related to orthopedics such as osteoarthritis, traumatic fractures, osteopenia, and others are play a major role in the growth of the orthopedic device market. In addition, various growth opportunities such as surge in healthcare infrastructure, increase in affordability, and rise in awareness related to orthopedic conditions in emerging economies are expected to boost the market growth in the coming years. Download Free
Neurosurgery Devices Market: Global Trends, Segmentation and Opportunities Forec …
Neurosurgery devicesare devices that help in prevention, treatment, and diagnosis of conditions and disorders associated with nervous system mainly the brain, spinal cord, peripheral nerves, and extra-cranial cerebrovascular system. The neurological conditions include dementia, headache disorders, neuro-infections, and multiple sclerosis, traumatic brain injuries, pain associated with neurological disorders, neurological disorders associated with malnutrition, stroke, epilepsy and Parkinson’s disease.These disorders are fatal and cannot be cured by therapeutics. Some of the
COVID-19 Impact on Nerve Repair and Regeneration Market Global Industry Size, Sh …
Global Nerve Repair and Regeneration Market are expected to reach $13,938 million by 2023, growing at a CAGR of 13.0 % during the forecast period, 2019-2023. The factors propelling the nerve repair and regeneration market are rise in geriatric population, growing prevalence of neurological and epidemic disorders, and introduction of novel and innovative products for nerve repair and regeneration. However, stringent regulatory requirements for product approvals, lack of skilled professionals, and

All 5 Releases


More Releases for Logistics

Healthcare Cold Chain Logistics Market 2020 Business Scenario - AmeriCold Logist …
The Global Healthcare Cold Chain Logistics Market will increase at a compound annual growth rate of 10.09% (approx.) between 2020 and 2026. The Healthcare Cold Chain Logistics Market report is a collection of pragmatic information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments.
Third-Party Logistics Market: Leading Players – XPO Logistics , Yusen Logistic …
Third-Party Logistics Market report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe. The Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments. Download Sample PDF copy of this report https://supplydemandmarketresearch.com/home/contact/272389?ref=Sample-and-Brochure&toccode=SDMRSE272389&utm_source=s. The study objectives of this report are: To analyze global Third-Party Logistics status, future forecast,
Asia Logistics Market Leading Vendors by COSCO Logistics, KYE Logistics, KAILUAN …
world economic growth, the Logistics industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Logistics market size to maintain the average annual growth rate of 2.08% from 375 Billion USD in 2014 to 407 Billion USD in 2017, BisReport analysts believe that in the next few years, Logistics market size will be further expanded, we expect that by 2022, The market
Industrial Logistics Robots Industry
Industrial Logistics Robots Market 2018 report focuses on the major drivers and restraints for the global key players. It also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The report spread across 139 pages with tables and figures in it. Sample Report Download HERE at https://www.researchreportsinc.com/sample-request?id=207718 For competitor segment, the report includes global key players of Industrial Logistics Robots as well as some small players.
Contract Logistics Market is Booming | Sankyu, Allcargo Logistics, CEVA Logistic …
HTF MI recently introduced Contract Logistics Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are CJ Korea Express, Deutsche Post DHL, Hitachi Transport System, Mitsubishi Logistics, Sankyu,
Logistics Market
Global Logistics Market Information Report: By Transportation Type (Airways, Waterways, Railways, Roadways), Logistic Type (First Party, Second Party, Third Party) End User (Industrial and Manufacturing, Retail, Healthcare, Oil & Gas) - Forecast 2023 Market Highlights Logistics is a supply chain management part with a detailed organization and implementation of a complex operation. It includes the movement of goods and information between the provider and the receiver. Moreover, logistics is the management of