Third Party Logistics Market Size, Share, Analysis and Forecasts 2025 - DB Schenker, Kuehne + Nagel International AG, Nippon Express, XPO Logistics, Sinotrans
Third party logistics (3PL) is basically the use of an outside company in order to perform the company’s product distribution and materials management functions. 3PL are the companies delivering single or multiple logistics services to a manufacturing company. Though 3PL firms do not hold the ownership of the product for distribution, however they are bound to accomplish the requested logistics activities of the purchasing company. 3PL is a significant part of today’s supply chain for small and large businesses. These firms provide services such as international & domestic transportation, inventory management, warehousing, distribution, order fulfillment, and freight consolidation. By outsourcing 3PL services, manufacturing companies are able to focus on product development, sales, and other core operations. 3PL offers immediate knowledge & expertise in the field, track on international logistics, and create cost savings.
Get sample PDF copy @ https://www.theinsightpartners.com/sample/TIPTE100000695/?openpr-mj
The overall third party logistics market is very much fragmented with top ten players. Some of the major players having significant market share are Deutsche Post DHL Group, Kuehne + Nagel International AG, Nippon Express Co., Ltd., DB Schenker, and C.H. Robinson.
Increase in demand for shipping cost reduction & more focus on timely delivery management, reduction on company’s assets & permitting focus on core business, and advantage in managing seasonal variations are projected to drive the market for third party logistics during the forecast period. However, lesser control of manufacturers on logistic service and delivery process may adversely impact the market for third party logistics in near future. Moreover, the factor such as increase in adoption and growth of e-commerce in retail sector is projected to generate remarkable growth opportunity to the industry players.
Geographically, the market is currently dominated by Asia-Pacific and Europe, however the market is expected to be in favor of North America, which is anticipated to witness remarkable growth rate owing to the increase in demand for service integration, data management, and inclination of manufacturers towards more flexible solutions.
Third party logistic (3PL) firms have diversified resource network which help core companies to expand quickly and efficiently in a cost-effective manner. Depending on the needs of core companies, 3PL possess the capability to scale labor, space, and transportation needs irrespective of the fluctuation in inventory. 3PL firms deliver adequate resources and flexibility in services even in case of seasonal inventory or new product release. Many of the businesses experience seasonal fluctuation in customer demand and it is essential to handle such swings in business in order to maintain efficiency in operations. 3PL helps seasonal businesses to benefit from smoother transition between market lows and highs with utilizing more warehouse space and logistic resources. 3PL service providers manage company’s warehousing, distribution, and fulfillment services that helps company’s resources to manage seasonal swings.
Key findings of the study:
-Asia-Pacific is anticipated to account the largest third party logistics market share.
-Based on the transport, the roadways segment is projected to dominate the third party logistics market.
-Domestic transportation garnered the second largest share in the third party logistics market by services in 2017.
-Retail garnered the second largest share in the third party logistics market by end-user in 2017.
-Based on the customer, the large enterprises segment is projected to dominate the third party logistics market.
Place an Order Copy of This Report at: https://www.theinsightpartners.com/buy/TIPTE100000695/?openpr-mj
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, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.
This release was published on openPR.
Permanent link to this press release:
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 Market Size, Share, Analysis and Forecasts 2025 - DB Schenker, Kuehne + Nagel International AG, Nippon Express, XPO Logistics, Sinotrans here
News-ID: 1797094 • Views: 367
More Releases from The Insight Partners
De-oiled Lecithin Market: Growth Factors, Applications and Regional Analysis and …
The Insight Partners’ report on the De-oiled Lecithin Market aims at developing a better understanding of the De-oiled Lecithin industry through qualitative and quantitative analysis of the key market parameters. The De-oiled Lecithin market is classified on the basis of form, source, and application, and the market is evaluated in terms of growth, value, and volume across five major geographical regions. The report aims to provide an overview of the de-oiled
Wearable Medical Devices Market Worth to be US$ 23,310.9 Million and anticipated …
The latest addition of Wearable Medical Devices market 2027 to The Insight Partners’ store offers major insights on the market size, growth rate, and estimates during the forecast period. It effectively evaluates the market based on device type and application and provides global perspective concerning five major geographical regions. The report would be of an interest to various stakeholders operating in the wearable medical devices market. These stakeholders include healthcare
Automotive Logistics Market Research Report by Geographical Analysis and Forecas …
According to a new market study entitled "Automotive Logistics Market to 2027 - Global Analysis and Forecasts by Deployment Type (On-Premise and Cloud) and Industry Vertical (BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Travel & Hospitality, IT & Telecommunication, Media & Entertainment, and Others) and Geography, "explains the report, explaining the key drivers of this growth and highlighting key market players and their evolution. The report factors
Fetal Monitors Market Analysis And Growth Forecast By Applications, Sales, Size, …
To achieve success in the competition of global market place, going for this global Fetal Monitors market research report is the key. The report strategically analyses the growth trends and future prospects. Moreover, this Fetal Monitors market report also provides strategic profiling of top players in the Fetal Monitors industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. Further, it presents the company profile, product
More Releases for Party
Spa Party Custom Patches
The Spa Party Custom Patches is based on the theme of women's love for beauty. The woman of the picture is washing face and post mask. Women's beauty is a long-lasting topic. This embroidery can be used to express the theme of women's beauty. We value a long-term and friendly cooperation. So we just provide the best Custom Made Patches. We always respect the suggestions whcih are from our customers. Our
Client Appreciation Holiday Party
New York, NY (December 13, 2017) – We can never say thank you enough! This past Monday, December 11, Wellington Hair Spa took the time out to show appreciation to their loyal customers and threw a holiday party. While the Thanks-giving season is over, at Wellington Hair Spa, we can never say thank you enough. The party’s atmosphere was set by DJ Tracy Leonard and the ambiance was festive with
Hobbit Feest party in Baarlo, Netherlands
The Hobbit Feest party will take place on 17 and 18 November 2012 on Kasteel de Berckt in Baarlo, Netherlands. In expectance of the Hobbit film by Peter Jackson, which will come to cinemas a month later, and as part of the Hobbit Year project, the Dutch Tolkien Society Unqendor and the German Tolkien Society DTG are inviting all Tolkien and fantasy fans into the Shire, to travel ‘there and
PINSTYLE’s ÜBER COOL “SHIT” PARTY
Pinstyle.com , the global community of stylish people, is thrilled to have successfully partnered with German-born model/designer, Bonnie Strange in presenting her new collection, “The Shit.” On Saturday, 7th July, “The Shit Shop” opened in Berlin’s Prenzlauer Berg followed by a celebrity laden after-party attended by the likes of indie star Peaches. “The Shit,” specializes in vintage clothing, one-of-a-kind pieces from young designers and tattoos. The first fashion show for the
FRESHER'S PARTY OF IIFT SURAT
The most awaited party of the year finally took place on Sat, 17th of Sept, 2011 at Fortune Banquet Hall, City Light. IIFT Fabulous team organized Fresher’s party for the all the new faces with the support of our Second Year students. The party was thrown by the Second Year students, as the rule says… Taking Bollywood as the theme of the party, the ambience became too filmy with the sizzling
Party wear sarees
Zaras is a perfect tribute to the elegance of womanhood. Our entire collection represents a perfect blend of unparallel quality and eye delighting designs. Perfection of styling and fitting with an eye for detail and endless quest for originality and novelty sets us apart. Standing firm on the pillars of creativity and diversity we Zaras are an established boutique of classy Indian wear ranging from designer sarees, wedding sarees, bridal collection to ethnic lehengas,