What's driving the Fourth party logistics Market Trends? | Key Players are: Allyn International Services Inc., CEVA Logistics AG, DAMCO, DB Schenker, Deutsche Post AG, GEFCO Group, GEODIS, Logistics Plus Inc., UPS Supply Chain Solutions, and XPO Logistics
The Asia Pacific fourth party logistics market accounted for US$ 18.75 Bn in 2018 and is expected to grow at a CAGR of 6.3% over the forecast period 2019-2027, to account for US$ 32.28 Bn in 2027.
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Some of the players present in fourth party logistics market are
Allyn International Services Inc.
CEVA Logistics AG
Deutsche Post AG
Logistics Plus Inc.
UPS Supply Chain Solutions
XPO Logistics, Inc.
The increasing complexities in supply chains demanding for outsourced logistics services is the key driver that is propelling the growth of the fourth party logistics market. Moreover, the factors such as the incorporation of effective logistics services by retail and consumer electronics end-users, and manufacturers seeking for inbound procurement and supplier collaborations management are expected to boost the fourth party logistics market growth in the forecast period.
A majority of the logistics customers and the industrial manufacturing sector today look for logistics service providers who are capable of managing their inbound procurement as well as supplier collaborations. Provisioning of inbound raw material supplier solution demands for a multi-tier solution that is capable of computing all required raw material as well as packaging needs. A 4PL solution includes the entire procure-to-pay process, which is managed as a part of their multi-party and multi-echelon network.
Further, a 4PL solution also offers supply chain operations planning to its customer, which empowers them with forwarding forecast planning in the creation of production schedules. These services also support in raw material plans for each factory that includes third-party co-packers and even contract manufacturers. Thus, an opportunity for the 4PL solution providers is created with the manufacturing industry that is expected to further flourish in the forecast period. The fourth party logistics market players are focusing on various initiatives to enhance their capabilities and boost their position in the market.
The fourth party logistics market is fragmented with the presence of several industries, and the competitive dynamics in the market is expected to change during the upcoming years. In addition to this, various initiatives are undertaken by the governmental bodies to accelerate the fourth party logistics market further. For instance, the governments of different economies in the region have taken actions to boost the e-commerce sector of their country. For example, initiatives by the Indian government such as Start-up India, Make in India, Digital India, and Skill India are contributing to the e-commerce growth in India.
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Based on type, the solution integrator model segment is leading the fourth party logistics market and is expected to continue its dominance during the forecast period. The solution integrator model is known as the core 4PL model. In the solution integrator model, the 4PL providers are engaged in operating and managing a comprehensive end-to-end supply chain solution for a single client. This business model for 4PL leverages the resources, technology, and capabilities of 4PL and complementary service providers for provisioning a comprehensive supply chain solution to deliver value to their customers. Mainly, all B2B businesses focus on the solution integrator model for optimizing their supply chains and ensuring the best customer service. Food & beverage, and retail sector customers prefer this type of business relationship with their 4PL service providers.
The overall fourth party logistics market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the fourth party logistics market. It also provides an overview and forecast for the fourth party logistics market based on all the segmentation provided for the Asia Pacific region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the fourth party logistics market.
TABLE OF CONTENTS
PART 1. INTRODUCTION
1.1 SCOPE OF THE STUDY
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3 MARKET SEGMENTATION
1.3.1 Asia Pacific Fourth Party Logistics Market - By Type
1.3.2 Asia Pacific Fourth Party Logistics Market - By End-User
1.3.3 Asia Pacific Fourth Party Logistics Market - By Country
PART 2. KEY TAKEAWAYS
PART 3. RESEARCH METHODOLOGY
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH
PART 4. FOURTH PARTY LOGISTICS MARKET LANDSCAPE
4.1 MARKET OVERVIEW
4.2 ECOSYSTEM ANALYSIS
4.3 ASIA PACIFIC PEST ANALYSIS
PART 5. FOURTH PARTY LOGISTICS MARKET - KEY INDUSTRY DYNAMICS
5.1 KEY MARKET DRIVERS
5.1.1 Increasing complexities in supply chains demanding for outsourced logistics services
5.2 KEY MARKET RESTRAINTS
5.2.1 Lack of appropriate awareness among the end-users about differences between the 3PL and 4PL service providers
5.3 KEY MARKET OPPORTUNITIES
5.3.1 Incorporation of dynamic logistics services by retail and consumer electronics end-users
5.3.2 Manufacturers seeking for inbound procurement and supplier collaborations management
5.4 FUTURE TRENDS
5.4.1 Focus on integration of supply chain risk management solutions into the supply chain operations
5.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
PART 6. FOURTH PARTY LOGISTICS - ASIA PACIFIC MARKET ANALYSIS
6.1 ASIA PACIFIC FOURTH PARTY LOGISTICS MARKET OVERVIEW
6.2 ASIA PACIFIC FOURTH PARTY LOGISTICS MARKET FORECAST AND ANALYSIS
PART 7. ASIA PACIFIC FOURTH PARTY LOGISTICS MARKET ANALYSIS - BY TYPE
7.2 ASIA PACIFIC FOURTH PARTY LOGISTICS MARKET BREAKDOWN, BY TYPE, 2018 & 2027
7.3 SYNERGY PLUS OPERATING MODEL
7.3.2 Asia Pacific Synergy Plus Operating Model Revenue and Forecasts to 2027 (US$ Mn)
7.4 SOLUTION INTEGRATOR MODEL
7.4.2 Asia Pacific Solution Integrator Model Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 INDUSTRY INNOVATOR MODEL
7.5.2 Asia Pacific Industry Innovator Model Market Revenue and Forecasts to 2027 (US$ Mn)
PART 8. ASIA PACIFIC FOURTH PARTY LOGISTICS MARKET REVENUE AND FORECASTS TO 2027 - END-USER
8.2 ASIA PACIFIC FOURTH PARTY LOGISTICS MARKET BREAKDOWN, BY END-USER, 2018 & 2027
8.3.2 Asia Pacific Automotive Market Revenue and Forecasts to 2027 (US$ Mn)
8.4.2 Asia Pacific Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 FOOD & BEVERAGE
8.5.2 Asia Pacific Food & Beverage Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 CONSUMER ELECTRONICS
8.6.2 Asia Pacific Consumer Electronics Market Revenue and Forecasts to 2027 (US$ Mn)
8.7 AEROSPACE AND DEFENSE
8.7.2 Asia Pacific Aerospace and Defense Market Revenue and Forecasts to 2027 (US$ Mn)
8.8.2 Asia Pacific Retail Market Revenue and Forecasts to 2027 (US$ Mn)
8.9.2 Asia Pacific Industrial Market Revenue and Forecasts to 2027 (US$ Mn)
8.10.2 Asia Pacific Others Market Revenue and Forecasts to 2027 (US$ Mn)
PART 9. ASIA PACIFIC FOURTH PARTY LOGISTICS MARKET -COUNTRY ANALYSIS
9.1.1 APAC Fourth Party Logistics Market Breakdown, by Key Countries
184.108.40.206 Australia Fourth Party Logistics Market Revenue and Forecasts to 2027 (US$ MN)
220.127.116.11.1 Australia Fourth Party Logistics Market Breakdown by Type
18.104.22.168.2 Australia Fourth Party Logistics Market Breakdown by End User
22.214.171.124 China Fourth Party Logistics Market Revenue and Forecasts to 2027 (US$ MN)
126.96.36.199.1 China Fourth Party Logistics Market Breakdown by Type
188.8.131.52.2 China Fourth Party Logistics Market Breakdown by End User
184.108.40.206 India Fourth Party Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
220.127.116.11.1 India Fourth Party Logistics Market Breakdown by Type
18.104.22.168.2 India Fourth Party Logistics Market Breakdown by End User
22.214.171.124 Japan Fourth Party Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
126.96.36.199.1 Japan Fourth Party Logistics Market Breakdown by Type
188.8.131.52.2 Japan Fourth Party Logistics Market Breakdown by End User
184.108.40.206 Taiwan Fourth Party Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
220.127.116.11.1 Taiwan Fourth Party Logistics Market Breakdown by Type
18.104.22.168.2 Taiwan Fourth Party Logistics Market Breakdown by End User
22.214.171.124 Rest of APAC Fourth Party Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
126.96.36.199.1 Rest of APAC Fourth Party Logistics Market Breakdown by Type
188.8.131.52.2 Rest of APAC Fourth Party Logistics Market Breakdown by End User
PART 10. INDUSTRY LANDSCAPE
10.2 MARKET INITIATIVE
10.3 MERGER AND ACQUISITION
10.4 NEW DEVELOPMENT
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