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Future Growth of Third-Party Logistics Market in Upcoming Year with Top Key Players: C. H. Robinson, CEVA Logistics, Damco, DB Schenker, DHL, FedEx, Kerry Logistics Network, Nippon Express, NYK Line

07-08-2019 08:44 PM CET | Logistics & Transport

Press release from: A2Z Market Research

Third-Party Logistics Market

Third-Party Logistics Market

Third-Party Logistics is the function by which a manufacturer outsources activities related to logistics and distribution. A 3 PL company can provide specialized services such as inventory management, cross-docking, door-to-door delivery, and packaging of products. The market for 3 PL service is expected to witness significant growth, due to development of the e-commerce industry. Moreover, the demand for this service is expected to escalate in the near future, due to increase in focus of manufacturers and retailers on their core business (known as core competencies) and subcontracting activities, such as logistics where they have less expertise. Thus, increase in competition has diverted the focus of manufacturers to promote respective specializations in production and distribution.

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The third-party logistics market is expected to progress as service providers are moving towards the use of automated freight payment and audit services to reduce costs. These providers are gaining competitive advantages by reducing capital expenditure (CAPEX), mitigating risks, managing inventory, and focusing on the core competencies of their business operations. The emergence of Big Data and availability of industry-specific logistics services are expected to be the key driving factors boosting the industry growth. Lack of necessary internal control has resulted in the increase in outsourcing of these services by the middle market companies (including wholesalers and retailers) to overcome the logistic challenges. The manufacturers and end-use industries in the emerging countries lack the internal control required for addressing logistics challenges. This has provided an impetus to the 3PL industry growth.

Some of the Prominent Players of this market includes: C. H. Robinson, CEVA Logistics , Damco, DB Schenker, DHL, DSV A/S, Expeditors International of Washington, FedEx, GEODIS, J.B. Hunt Transport Services , Kerry Logistics Network , Kintetsu World Express, Kuehne + Nagel, Nippon Express, NYK Line, Panalpina World Transport (Holding), and others.

Third-party Logistics (3PL) Key Market Segmentation:
Market Segmentation by Mode of Transport:
• Railways
• Roadways
• Waterways
• Airways

Market Segmentation by Service Type:
• Dedicated Contract Carriage (DCC)
• Domestic Transportation Management
• International Transportation Management
• Warehousing & Distribution
• Others

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The regions which are covered in this report are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Considering the given forecast period and precisely studying each and every yearly data, a report is been drafted to ensure the data is as expected by client.

Recent trends and developments in the global Third-Party Logistics market have been analyzed. Opportunities leading to the growth of the market have been analyzed and stated. Drivers and restraints impacting the growth of the market have also been analyzed. A segmentation of the global Third-Party Logistics market has been done for the purpose of a detailed study. The market is segmented on the basis of key criteria. Data on the leading and fastest-growing segments along with what drives them has been given. This report implements a balanced mix of primary and secondary research methodologies for its analysis.

Influence of the Third-Party Logistics Market report:
•Comprehensive assessment of all opportunities and risk in the Third-Party Logistics Market.
•Third-Party Logistics Market recent innovations and major events.
•Detailed study of business strategies for growth of the Third-Party Logistics Market-leading players.
•Conclusive study about the growth plot of Third-Party Logistics Market for forthcoming years.
•In-depth understanding of Third-Party Logistics Market-particular drivers, constraints and major micro markets.
•Favorable impression inside vital technological and market latest trends striking the Third-Party Logistics Market.

Table of Contents
Global Third-Party Logistics Market Research Report
Chapter 1 Third-Party Logistics Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Third-Party Logistics Market Forecast

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